National Fuel Gas Company · NYSE:NFG
National Fuel Gas — ESG Presentation (March 2021)
20 slides from National Fuel Gas's sustainability presentation, Mar 29, 2021
Slide 1: Achieving a Low-Carbon Future in New York State
Achieving a Low-Carbon Future in New York State March 29, 2021 National Fuel Gas Distribution Corporation
Slide 2: Achieving a Low-Carbon Future in New York State
Achieving a Low-Carbon Future in New York State1 National Fuel Gas Distribution Corporation (Distribution) When the Climate Leadership and Community Protection Act (the Climate Act) was signed into law in 2019, it placed New York State at the forefront of one of the most ambitious greenhouse gas red
Slide 3: National Fuel's (Distribution) Pathway to a Low-Carbon Future in New York State
National Fuel’s (Distribution) Pathway to a Low-Carbon Future in New York State
Slide 4: Pathway to a Low-Carbon Future
Pathway to a Low-Carbon Future An “all-of-the-above” approach is the optimal solution for consumers, providing a broad range of emissions reduction solutions while ensuring a safe, reliable, and resilient energy delivery system. Four Pillars for Achieving New York State’s Climate Goals Leverage Scal
Slide 5: Pillar I: Scale Energy Efficiency
Pillar I: Scale Energy Efficiency Energy efficiency is the most efficient pathway to achieve greenhouse gas (GHG) reduction. Ensuring maximum efficiency of downstream end uses of energy will be critical to achieving the Climate Act’s emissions reduction targets. While New Yorkers are currently among
Slide 6: Pillar I: Scale Energy Efficiency
Pillar I: Scale Energy Efficiency Ample Opportunity in Three Key Sectors • Buildings – While current residential and commercial building codes and appliance standards are expected to increase the energy efficiency of buildings by about 15% by 2050, additional efficiency opportunities are available t
Slide 7: Energy Efficiency in Action: MyHEAT
Energy Efficiency in Action: MyHEAT National Fuel partnered with MyHEAT in early 2020 to enhance energy efficiency awareness and engagement as part of a pilot program within a cross section of WNY households. By utilizing aerial, high-resolution thermal photography, MyHEAT provided thermal imaging o
Slide 8: Energy Efficiency in Action: Sealed
Energy Efficiency in Action: Sealed Sealed is a company specializing in building envelope and equipment upgrades that offers customers financing for these upgrades with no upfront costs or changes to monthly budget, offering an alternative way to finance energy efficiency upgrades. Sealed pays to in
Slide 9: Hybrid Gas/Electric Air Source Heat Pump Projects
Hybrid Gas/Electric Air Source Heat Pump Projects National Fuel is evaluating a new emission reduction pathway using hybrid gas furnace/electric ASHP systems • ASHP installed with a 96% high-efficiency Heat Pump – High-Efficiency Furnace natural gas furnace • Designed to switch to heating with high-
Slide 10: Pillar II: Reduce Utility Emissions
Pillar II: Reduce Utility Emissions National Fuel recognizes that in order to meet the goals of the Climate Act, we must dramatically lower our own GHG emissions – and the utility is committed to doing so. Through our modernization program, including leak reductions and other key infrastructure inve
Slide 11: Outstanding Leaks
Pillar II: Reduce Utility Emissions Significant Reductions in GHG Emissions National Fuel Utility System Leak Backlog (New York State) 6,000 4,500 Outstanding Leaks 3,000 1,500 451 0 1997 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 11
Slide 12: Significant Reductions in GHG Emissions
Pillar II: Reduce Utility Emissions Significant Reductions in GHG Emissions Utility EPA Subpart W Emissions – Mains and Services 700 600 Reduction of 414,000 metric tons (~62%) Thousand Metric Tons of CO2e 500 of CO2e since 1990 400 300 200 100 0 12
Slide 13: System Modernization
Pillar II: Reduce Utility Emissions System Modernization Utility Mains by Material(1) Miles of Leak-Prone Pipe Replaced(2) 150 Cast Iron Coated Wrought Iron NY Bare 100 Miles Replaced 9,758 miles 119 113 114 50 97 102 102 Plastic 0 2015 2016 2017 2018 2019 2020 (1) As of December 31, 2020 LPP Replac
Slide 14: Pillar III: Decarbonize the Energy Source
Pillar III: Decarbonize the Energy Source Low- and zero-carbon renewable sources like wind and solar will be essential to meeting the state’s emissions reduction goals. But to ensure a resilient energy system, they can’t do it alone. Decarbonizing our existing infrastructure through the use of low-
Slide 15: Low-Carbon Solutions Using Existing Infrastructure
Pillar III: Decarbonize the Energy Source Low-Carbon Solutions Using Existing Infrastructure • Renewable Natural Gas (RNG) – RNG is an energy source with lower carbon intensity and similar operational and performance characteristics to natural gas. RNG can be produced through several production tech
Slide 16: Pillar IV: Leverage Existing Energy Delivery System
Pillar IV: Leverage Existing Energy Delivery System Embracing strategic use of our existing gas delivery system will be crucial for the delivery of low-carbon energy to reduce the emissions profile of hard-to-electrify end uses – such as high-temperature industrial processes and heavy-duty trucking
Slide 17: Pillar IV: Leverage Existing Energy Delivery System
Pillar IV: Leverage Existing Energy Delivery System • Decarbonizing Hard-to-Electrify End Uses – Leveraging our existing pipeline system for the delivery of low-carbon energy will be critical to decarbonizing hard-to-electrify end uses, including high-temperature industrial processes and heavy-duty
Slide 18: Guiding Principles
Guiding Principles National Fuel’s pathway to a low-carbon future is guided by the following key principles: affordability, reliability, resiliency, and delivery certainty. Affordability Reliability Achieving the carbon-reduction goals of the Climate Act will require substantial Reliability is criti
Slide 19: Safe Harbor For Forward Looking Statements
Safe Harbor For Forward Looking Statements This presentation may contain “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995, including statements regarding future prospects, plans, objectives, goals, projections, estimates of oil and gas quantities, strat
Slide 20: National Fuel is committed to achieving New York State's Climate Act goals
National Fuel is committed to achieving New York State’s Climate Act goals Thank you
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