The potential closure of the Everett LNG import terminal in New England next year could jeopardize the reliability and affordability of the region’s energy supplies, FERC and the North American Electric Reliability Corporation (NERC) warned in a joint statement. 

Federal Energy Regulatory Commission Chairman Willie Phillips and NERC CEO James Robb expressed concerns over the possible closure and what the absence of Everett could mean for New England in the event of another event like Winter Storm Elliott, which slammed the East Coast late last year. 

During the storm, Phillips and Robb pointed out that both electric and natural gas systems throughout much of the eastern half of the United States were subjected to significant stress. That resulted in unplanned generating unit...