May 31, 2023 · 57 min · 14 segments
An audio reading of the feature articles from the June 2023 issue of Gas Compression Magazine. Features include: 2023 Executive Outlook with Ariel CEO Alex Wright; LNG Race Report 2023; Enbridge…
Danny FelberHost
Enbridge earmarks U.S. $3 billion for natural gas infrastructure projects by B. Henry Henderson.
During the presentation, the Calgary-headquartered energy company unveiled plans for annual investments of more than U.S. $5 billion, with U.S. $3 billion earmarked for natural gas infrastructure.
Further budgeting includes U.S. $1 billion for liquids infrastructure and U.S. $1 billion toward renewable power generation.
This also includes capital for the modernization program, which lowers our emissions and will be recoverable through periodic rate cases.
The utility will add about $1 billion of annual growth capital, driven by population growth, and the expansion of our storage and transportation capabilities.
And in renewables, we see a further billion dollars a year of investment opportunity as we expand our onshore footprint here in North America, continue to grow European offshore wind, and execute our solar self-power program.
And then in liquids pipelines, we expect to invest a billion dollars annually from capital efficient expansions, leveraging production growth in the Western Canadian sedimentary basin, and by continuing to grow our U.S. Gulf Coast export platform.
In sum, we're opportunity rich with conventional and renewable growth capital of approximately U.S. 5 billion a year across our footprint.
During the conference, the company announced it had acquired a 10% stake in Divert Inc., a food waste management company expanding into RNG to help major food retailers manage their waste more sustainably.
The agreement includes further investment opportunities to develop wasted food to RNG projects across the United States.
We're now actively working on opportunities to reduce food waste from landfills to produce RNG.
Having successfully announced our 10% equity investment in Divert, a company addressing the wasted food crisis, partnering with customers like Kroger, Albertsons, Target, and other large retailers, said Cynthia Hansen, Enbridge's executive vice president and president of gas transmission and midstream.
This investment gives us the option to invest up to U.S. $1 billion in RNG projects across the United States.
The U.S. Environmental Protection Agency estimates that decomposing food accounts for 26% of all U.S. methane emissions.
The food waste presents a valuable feedstock for RNG production, given the billions of dollars worth of waste created each year.
According to Divert, the new agreement will accelerate its expansion of anaerobic digestion facilities to sustainably convert wasted food into renewable energy, with plans to scale its facilities to be within 100 miles of 80% of the U.S. population over the next eight years.
The Greenfield Terminal, located adjacent to the terminus of the Seaway Pipeline, will provide shippers with a full-service storage terminal primarily focused on heavy crude.
The facility will have access to the Houston region, refining complex and export opportunities through the Seaway docks at Freeport and Texas City, as well as future access to Enterprise Products Partner LP's Seaport Oil Terminal.
Initial build of EHOT is expected to have 2.5 million barrels of storage, with an ultimate capacity of 15 million barrels.
Enbridge earmarks U.S. $3 billion for natural gas infrastructure projects by B. Henry Henderson.
During the presentation, the Calgary-headquartered energy company unveiled plans for annual investments of more than U.S. $5 billion, with U.S. $3 billion earmarked for natural gas infrastructure.
Further budgeting includes U.S. $1 billion for liquids infrastructure and U.S. $1 billion toward renewable power generation.
This also includes capital for the modernization program, which lowers our emissions and will be recoverable through periodic rate cases.
The utility will add about $1 billion of annual growth capital, driven by population growth, and the expansion of our storage and transportation capabilities.
And in renewables, we see a further billion dollars a year of investment opportunity as we expand our onshore footprint here in North America, continue to grow European offshore wind, and execute our solar self-power program.
And then in liquids pipelines, we expect to invest a billion dollars annually from capital efficient expansions, leveraging production growth in the Western Canadian sedimentary basin, and by continuing to grow our U.S. Gulf Coast export platform.
In sum, we're opportunity rich with conventional and renewable growth capital of approximately U.S. 5 billion a year across our footprint.
During the conference, the company announced it had acquired a 10% stake in Divert Inc., a food waste management company expanding into RNG to help major food retailers manage their waste more sustainably.
The agreement includes further investment opportunities to develop wasted food to RNG projects across the United States.
We're now actively working on opportunities to reduce food waste from landfills to produce RNG.
Having successfully announced our 10% equity investment in Divert, a company addressing the wasted food crisis, partnering with customers like Kroger, Albertsons, Target, and other large retailers, said Cynthia Hansen, Enbridge's executive vice president and president of gas transmission and midstream.
This investment gives us the option to invest up to U.S. $1 billion in RNG projects across the United States.
The U.S. Environmental Protection Agency estimates that decomposing food accounts for 26% of all U.S. methane emissions.
The food waste presents a valuable feedstock for RNG production, given the billions of dollars worth of waste created each year.
According to Divert, the new agreement will accelerate its expansion of anaerobic digestion facilities to sustainably convert wasted food into renewable energy, with plans to scale its facilities to be within 100 miles of 80% of the U.S. population over the next eight years.
The Greenfield Terminal, located adjacent to the terminus of the Seaway Pipeline, will provide shippers with a full-service storage terminal primarily focused on heavy crude.
The facility will have access to the Houston region, refining complex and export opportunities through the Seaway docks at Freeport and Texas City, as well as future access to Enterprise Products Partner LP's Seaport Oil Terminal.
Initial build of EHOT is expected to have 2.5 million barrels of storage, with an ultimate capacity of 15 million barrels.
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