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Independent regulatory commissions

Algonquin Gas Transmission, LLC Submits Cape Cod Canal Pipeline Relocation Project to Federal Energy Regulatory Commission

Strategic Insights

— 1 min read

The Algonquin Gas Transmission, LLC has submitted a comprehensive document to the Federal Energy Regulatory Commission (FERC) for its Cape Cod Canal Pipeline Relocation Project. The project's total cost is estimated to be $302,340,316, with the majority of the expenses allocated to the pipeline and facilities. The submission includes two exhibits, K and Y, which provide detailed cost estimates and accounting treatment for the abandonment of pipeline infrastructure.

Key Takeaways:

  • The Cape Cod Canal Pipeline Relocation Project's total cost is estimated to be $302,340,316.
  • The project's costs are comprised of pipeline and facilities expenses, with the pipeline accounting for approximately 66.3% of the total cost.
  • Exhibit K provides a detailed breakdown of the costs for the pipeline and facilities, including materials, labor, engineering, and overhead expenses.
  • Exhibit Y outlines the accounting treatment for the abandonment of pipeline infrastructure, including the depreciation of assets and the removal of equipment.
  • The project's timeline spans from 2023 to 2028, with the majority of the costs incurred during the construction phase.

Statistics:

  • Total project cost: $302,340,316
  • Pipeline cost: $200,229,254 (66.3% of total cost)
  • Facilities cost: $102,111,062 (33.7% of total cost)
  • Escalation cost: $13,353,224 (4.4% of total cost)
  • Contingency cost: $26,028,566 (8.6% of total cost)
  • Abandonment cost: $9,992,617 (3.3% of total cost)

Sources:

  • Algonquin Gas Transmission, LLC, Abbreviated Application for a Certificate of Public Convenience and Necessity and for Related Authorizations, Docket No. CP25-552-000 (Sep. 29, 2025).
  • Exhibit K: Cost of Facilities, Algonquin Gas Transmission, LLC, Cape Cod Canal Pipeline Relocation Project, 2023-2028.
  • Exhibit Y: Accounting Treatment of Abandonment, Algonquin Gas Transmission, LLC, Cape Cod Canal Pipeline Relocation Project, 2023-2028.

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