Slide 1: Cynthia Hansen, EVP & President, Gas Distribution & Storage
Cynthia Hansen EVP & President, Gas Distribution & Storage
Slide 2: Legal Notice
Legal Notice Forward Looking Information This presentation includes certain forward-looking statements and information (FLI) to provide potential investors and shareholders of Enbridge Inc. (Enbridge or the Company) with information about Enbridge and its subsidiaries and affiliates, including manag
Slide 3: Premier N. American Gas Utility
Premier N. American Gas Utility • Largest natural gas utility in North America by volume2 Thunder Bay ONTARIO • 3.8 million meter connections Montreal in Ontario Ottawa Sault Ste. Marie H2 • Up to $1.5 billion in organic growth Visible Franchise Customer Growth1 RNG annually ~3.8 TORONTO ~3.5 DAWN H
Slide 4: Growing our Utility Business
Growing our Utility Business Growing Regulated Expanding Storage Advancing Our Priorities in 2021 1 Assets 2 & Transmission Uninterrupted services during • Expand customer & community • Investing in regional pipeline & pandemic connections; Ongoing investment storage expansions, & local in system mo
Slide 5: Ontario Energy Fundamentals
Ontario Energy Fundamentals Population Growth1 Affordability Reliability MMs (Relative cost of heating an average (MW) home in Ontario) 20 84,261 18 16 66% Heating Oil 14 12 60% Propane 84,261 10 8 43% Electric 6 4 $1,107 24,706 2 Natural Gas2 0 Peak Natural Gas Peak Electricity 2020 2030e 2040e Dem
Slide 6: Utility Growth
Utility Growth Customer Growth Utility Modernization Rate Base Growth (in $B’s) 15 OTTAWA 10 Announced Community Expansions 5 TORONTO 0 2012 2022e • ~45k new customers annually • Modernizing systems ensures • Steady and predictable • 27 new community connections reliability and positions for low- an
Slide 7: Storage and Transmission Growth
Storage and Transmission Growth ONTARIO Projects ISD Capital ($B) Growth projects Replacement projects Dawn to Corunna New Replacement (secured) 2023 $0.3 Dawn to Corunna TORONTO Project | 2023 Panhandle Regional NEW YORK Expansion 2023 $0.3 MICHIGAN Storage Enhancement Projects | 2022 & 2024 2022 D
Slide 8: Energy Efficiency Strategy
Energy Efficiency Strategy Demand Side Management Integrated Resource Plan Cumulative saved CO2 emissions Solar Panels provide Hybrid power requirement Billions m3 30 Heating 25 ~55 Pilot Supply from MtCO2e 20 emissions natural gas reduced1 during peak 15 demands Smart EV 10 Charger 5 0 Storage Batt
Slide 9: Low-Carbon Fuels Create Opportunity
Low-Carbon Fuels Create Opportunity Energy Investment Opportunities efficiency programs for our customers Hydrogen Natural Gas Production Distribution Renewable Natural Gas System Production Biogas Electrolyzer Surplus electricity Hydrogen is Organic waste is H2 and RNG are Lower carbon is used to s
Slide 10: Low-Carbon Growth - RNG
Low-Carbon Growth - RNG Expanding Utility Portfolio Strategic Partnership Capital Outlook $MMs Enbridge 800 ~$300 ONTARIO Gas targeting ONTARIO MM Disco Road | 2023 RNG OTTAWA secured & 5%+ in advanced RNG use by Stanton Farms | 2021 RNG stages 600 2030 Project London | 2022 RNG TORONTO StormFisher
Slide 11: Low-Carbon Growth – Hydrogen
Low-Carbon Growth – Hydrogen ONTARIO QUEBEC • First N.A. utility scale Power to Gatineau Blending 2025 H2 Gas (PtG) facility (2.5MW) Montreal Sault Ste. Marie Ottawa • Grid balancing & energy storage • 280+ tonnes of H2 produced Markham H2 Blending - 2021 H2 Markham PtG (2018) Markham PtG Plant - 20
Slide 12: Carbon Capture Potential
Carbon Capture Potential Investment Opportunity: ONTARIO $2B+ • ~20 MtCO2e of potential emissions abatement of potential opportunity annually in SW Ontario1 out to 2030 • Over 700 MtCO2e of storage potential in Ontario TORONTO • Potential for combination with blue hydrogen hub Hamilton NEW YORK What
Slide 13: Summary
Summary Opportunities in Development Growing • ~$4B of investment planned Gas Distribution Regulated Assets through 2025; $1B ongoing Up to $1.5B annually Expanding Storage • ~$1B of Dawn hub & pipeline & Transportation expansions planned Driving Energy • Investing in integrated Efficiencies energy