Slide 1: Bill Yardley, President & EVP, Gas Transmission & Midstream
Bill Yardley President & Executive Vice President, Gas Transmission & Midstream
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: Connected to the Best Markets
Connected to the Best Markets 7 bcfd Markets with >170MM people served Connected to prolific, long-lived supply Long-term contracts & cost of service Current Demand1 Industrial 16 Power bcfd Residential 18 Growing domestic & export demand Commercial bcfd Other Embedded low-carbon investment potentia
Slide 4: Growing the Gas Transmission Business
Growing the Gas Transmission Business Meeting Residential & Supporting Electric Advancing Our Priorities in 2021 1 Commercial Demand 2 Generation Growth Record peak days • Lower emissions, improve • Differentiated natural gas Favorable rate settlements performance & system baseload supply aligned wi
Slide 5: Critical Energy Infrastructure
Critical Energy Infrastructure Affordable Demand-Pull Essential Base Load Annual Heating Bill2 Reservation Revenue National Grid Resource Plan1 (% more than natural gas) (Percentage of forecasted revenues for 12 months ended 12/31/21) 3,750 Backcasted Forecasted 3,500 Relative cost 313% Electric 100
Slide 6: System Modernization
System Modernization Integrity Investments Upgrading Facilities Rate Proceedings 1,188 >25% ~$3.0B 2020 2021 2022 anomaly digs lower emissions executed in at replaced of capital through 2025 2021 compressors Texas East Eastern Texas Eastern Tennessee Algonquin Alliance U.S. New Maritimes and • Filed
Slide 7: N. American Power Demand
N. American Power Demand 84GW1+ of Planned Coal Plant Retirements Along our Systems by 2030 Ridgeline Expansion Opportunity Coal-fired plant Texas Eastern Compressor Station (existing) Ridgeline $4.0B+ Oil-fired plant Compressor Station (potential) Nashville Expansion Growth capital in development C
Slide 8: Advancing USGC Export Strategy
Advancing USGC Export Strategy USGC Export Volumes3 Cameron Extension Venice Extension Served by Enbridge facilities LNG • Connect to New Calcasieu Pass LNG • Connect to Plaquemines LNG (bcf) supports displacing 7 • $0.2B Texas Eastern • $0.4B Texas Eastern 2,000 GW of expansion LA expansion global
Slide 9: Western Canadian Opportunities
Western Canadian Opportunities $4B+ Capital Opportunities Under Development Several expansion & extension opportunities under development LNG and Terminal • $2.5B expansion of T-South to serve Woodfibre Expansion opportunities BC Opportunities LNG and lower mainland demand T-North Prince Rupert • Ad
Slide 10: Low-Carbon Optionality
Low-Carbon Optionality Renewable Serving > 150 LDC Natural Gas Hydrogen Carbon Capture customers including: • In-franchise RNG • Green & blue H2 • 20% of U.S. source of production facilities opportunities emissions are within 10 • Exploring H2 and RNG to lower and interconnections • Salt dome storag
Slide 11: Summary
Summary Opportunities in Development Meeting Residential & • ~$3B of modernization through Gas Commercial Demand 2025; $0.5B to $1.0B ongoing Transmission Up to ~$2.0B/year Supporting Electric • $4B+ in development to support Generation Growth coal and nuclear retirements Expanding LNG Export • $6B+