Williams, co.williams.com, Tulsa, Okla., announced the design and construction of the Williams Atlantic Sunrise natural gas pipeline project will generate approximately $1.6 billion in additional wages, revenues, and investments to the regional and state economies of Pennsylvania and Virginia, according to a study published by researchers at Pennsylvania State University.

The economic modeling exercise was funded by Williams and uses IMPLAN, www.implan.com, Huntersville, N.C., a widely used commercial software designed to perform input-output economic analysis, to estimate impacts on workforce demands, economic output, and value added to each of the counties where construction is expected to occur. IMPLAN is used by state governments across the nation for economic modeling and predicting.

The design and construction of the Williams Atlantic Sunrise pipeline project could support approximately 8,000 jobs and an associated $870 million in economic value added during the construction period, according to the report, “Economic Impacts of the Atlantic Sunrise Pipeline Project.” Additionally, the ongoing operation of the pipeline would generate approximately $1.9 million in annual economic impact, supporting 29 jobs.

In a related report titled “Estimating the Impact of the Atlantic Sunrise Project on Natural Gas Consumers,” lead author Andrew Kleit, professor of energy and environmental economics at Penn State, found that consumers served by the Transco pipeline in the Southeast and Mid-Atlantic regions could have saved $2.6 billion from 2012-2014 due to increased access to lower-priced Pennsylvania gas supply because of Atlantic Sunrise.

The Atlantic Sunrise project is a proposed expansion of the existing Transco natural gas pipeline, which currently transports about 10% of the nation’s natural gas. The Atlantic Sunrise project would add about 200 miles of new pipe to expand and extend the reach of the existing Transco pipeline to northeastern Pennsylvania, transporting about 1.7 billion cubic feet of clean, natural gas per day—enough to serve approximately 7 million homes.

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