Enbridge Inc. · TSX:ENB

Enbridge — Corporate Update (November 2022)

37 slides from Enbridge's corporate update, November 2022

  1. Slide 1: Proposed Battery Energy Storage Systems in St. Clair Township

    Enbridge Proposed Battery Energy Storage Systems in St. Clair Township (Lambton County) Ontario November 2022

  2. Slide 2: Agenda for today’s meeting

    Agenda for today’s meeting • Enbridge’s Renewable Power Activities • Independent Electricity System Operator’s goals and process – Energy needs in Ontario – Energy supply in Ontario – Capacity – Request for Proposals Process • Enbridge’s Proposed Battery Projects in St. Clair Township (Lambton Count

  3. Slide 3: Land Acknowledgement

    Land Acknowledgement We are meeting virtually but it is still important to take a moment to acknowledge that the land where we are all joining this meeting from has been inhabited, and cared for, by the people Indigenous to Turtle Island since time immemorial. We recognize and respect the historic c

  4. Slide 4: Safety Moment – Things You Can Do to Prepare for Winter

    Safety Moment – 10 Things You Can Do to Prepare for Winter • Clean and Stow Your Mower • Remove Garden Hoses from Faucets • Drain Your Sprinkler System • Seal Air Leaks • De-Gunk Your Gutters • Eyeball Your Roof • Direct Your Drainage • Check Your Furnace • Prune Plants • Give Your Fireplace a Once-

  5. Slide 5: Enbridge - Renewable Power

    Enbridge - Renewable Power ENBRIDGE

  6. Slide 6: Renewable Power Footprint

    Renewable Power Footprint Assets (operating & under-construction): • 23 Wind farms - onshore & offshore • 17 Solar energy operations Net generation • 5 Waste heat recovery facilities 2.2 GW • 1 Hydro facility • 1 Geothermal facility Over $8 billion invested in renewable power generation since 2002 6

  7. Slide 7: Our Power business - chronology

    Our Power business - chronology 7

  8. Slide 8: Operating our assets

    Operating our assets • Optimizing operations of our assets is a key priority. • We self-operate many of our assets and collaborate with partners on others. • We have strong operational experience and are working to deepen our capabilities every year. • Focus areas include: – 24/7 monitoring to detec

  9. Slide 9: Ontario – Electricity Objectives

    Ontario – Electricity Objectives

  10. Slide 10: Ontario electricity demand

    Ontario electricity demand • Independent Electricity System Operator (IESO) is responsible for operating Ontario’s electricity grid • IESO must identify likely changes in demand and supply to create a forecast that it updates annually. • IESO must then use those forecasts to ensure that Ontario rate

  11. Slide 11: IESO - Demand

    IESO - Demand • Demand is increasing in Ontario due to population growth, electrification of certain sectors and vehicles, and economic growth, including in the mining, industrial, and agricultural sectors. • Depending on the speed of electrification and electric vehicle adoption, this demand could

  12. Slide 12: IESO - Supply

    IESO - Supply • Supply is anticipated to naturally reduce in the coming years, due to the retirement of the Pickering Nuclear Generation Facility, other nuclear refurbishment outages, and expiring contracts, particularly to oil and gas fired generation. • Some of this could be preserved by re-contra

  13. Slide 13: IESO – Capacity needs

    IESO – Capacity needs • In the short-term, the retiring nuclear and gas capacity will lead to a capacity shortfall on a regular basis, particularly in the summer months as early as next year, but really picking up in 2025 and 2026. 13 IESO 2022 Annual Planning Outlook

  14. Slide 14: IESO Procurement

    IESO Procurement • IESO is looking to procure 4 GW of new capacity this year and next year: – 1.5 GW will be procured under the Expedited Long-Term RFP, which will be issued in December 2022 and projects will enter operation in May 2025. (900 MW will come from Battery Energy Storage Systems (BESS))

  15. Slide 15: Enbridge – BESS proposed for St. Clair Township (Lambton County)

    Enbridge – BESS proposed for St. Clair Township (Lambton County)

  16. Slide 16: Battery Energy Storage Systems

    Battery Energy Storage Systems • BESS is on the rise around the world as nations work to replace coal and oil-fired generation with lower-carbon electricity resources, including wind and solar power. • BESS helps balance the electricity grid by charging when demand is low and feeding electricity int

  17. Slide 17: Land requirements

    Land requirements • BESS equipment located on Enbridge- owned land • Nameplate capacity to be determined pending IESO assessment • Equipment being finalized • Project will not require a large share of existing agricultural land • Sample seen here, not final 17

  18. Slide 18: Project locations

    Project locations ERNBRIDGE ‘8/7 )4534\lagyemith Rd

  19. Slide 19: Tecumseh Farm Energy Storage

    Tecumseh Farm Energy Storage • 3132 Tecumseh Road, Courtright, ON • BESS equipment located on Enbridge-owned land • Nameplate capacity to be determined – pending IESO assessment – but not more than 200 MW • www.enbridge.com/tecumsehfarm 19

  20. Slide 20: Tecumseh Farm Energy Storage – View 1

    Tecumseh Farm Energy Storage – View 1 View: from the North within Enbridge’s property line, looking South 20

  21. Slide 21: Tecumseh Farm Energy Storage – View 2

    Tecumseh Farm Energy Storage – View 2 View: from the South over 3052 Tecumseh Road, looking North 21

  22. Slide 22: Tecumseh Farm Energy Storage - View 3

    Tecumseh Farm Energy Storage - View 3 View: from the Southwest on Tecumseh Road, looking Northeast 22

  23. Slide 23: Tecumseh Farm Energy Storage – View 4

    Tecumseh Farm Energy Storage – View 4 View: from the Northwest on Tecumseh Road, looking Southeast 23

  24. Slide 24: Petrolia Energy Storage

    Petrolia Energy Storage • 1129 Petrolia Line, Corunna, ON • BESS equipment located on Enbridge-owned land • Nameplate capacity to be determined – pending IESO assessment – but not more than 200 MW • www.enbridge.com/petrolia 24

  25. Slide 25: Petrolia Energy Storage – View 1

    Petrolia Energy Storage – View 1 View: from the Northeast within Enbridge’s property, looking Southwest 25

  26. Slide 26: Petrolia Energy Storage – View 2

    Petrolia Energy Storage – View 2 View: from the South within Enbridge’s property, looking North toward Petrolia Line 26

  27. Slide 27: Petrolia Energy Storage – View 3

    Petrolia Energy Storage – View 3 View: from the Northeast within Enbridge’s property, looking South 27

  28. Slide 28: Petrolia Energy Storage – View 4

    Petrolia Energy Storage – View 4 View: from the Northwest within Enbridge’s property, looking South 28

  29. Slide 29: Dow Moore Energy Storage

    Dow Moore Energy Storage • 4534 Ladysmith Road, Corunna, ON • BESS equipment located on Enbridge- owned land • Nameplate capacity to be determined – pending IESO assessment – but not more than 200 MW • www.enbridge.com/dowmoore 29

  30. Slide 30: Dow Moore Energy Storage – View 1

    Dow Moore Energy Storage – View 1 30 View: from the Northeast within Enbridge’s property, looking Southwest

  31. Slide 31: Dow Moore Energy Storage – View 2

    Dow Moore Energy Storage – View 2 View: from the West over Ladysmith Road, looking East 31

  32. Slide 32: Dow Moore Energy Storage – View 3

    Dow Moore Energy Storage – View 3 View: from the Northwest on Ladysmith Road, looking Southeast 32

  33. Slide 33: Dow Moore Energy Storage – View 4

    Dow Moore Energy Storage – View 4 View: from the Southwest on Ladysmith Road, looking Northeast 33

  34. Slide 34: What to expect

    What to expect • In the event that one or all of these BESS projects are selected under IESO’s RFP in March 2023, – We will undertake environmental studies, land use studies, and interconnection studies to ensure the project can be built safely for employees, the community, and the environment. – Co

  35. Slide 35: Community Engagement

    Community Engagement ENBRIDGE

  36. Slide 36: Next Steps

    Next Steps • Your input is important to Enbridge and to the development of these proposed projects. • We encourage you to reach out with any questions or comments at the email address on the next slide (also on the project websites). We will endeavour to provide answers to all your questions and to

  37. Slide 37: Questions?

    Questions? Denise Heckbert Sr. Advisor, Strategy & Markets Policy, Power Enbridge Inc. Sumesh Guptar Technical Manager, Self-Power & Energy Storage, Power Enbridge Inc. power.operations@enbridge.com

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