Sierra Club Comes After NEXUS Pipeline; DTE Pushes Back
From The Detroit News:
A national environmental group has filed an antitrust complaint against DTE Energy over its proposed natural gas pipeline, alleging the project will raise consumer energy prices above competitive rates.
The Sierra Club filed the complaint in response to a planned 250-mile, multi-billion dollar pipeline, partially financed by DTE and affiliate Nexus Gas Transmission, LLC. The project is slated to deliver natural gas from Ohio to Michigan, officials said in their complaint.
"DTE Electric has contracted to buy delivery of natural gas over the pipeline for use in generating electricity for resale to Michigan retail customers. When DTE Electric entered into this contract, at least six alternative sources of gas were available to transport the needed supply," officials said. "All six offered transportation services at lower rates than Nexus Nonetheless, DTE Electric contracted to buy gas from (the) proposed pipeline, despite the availability of these less-costly alternatives."Click here to read the whole article.
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