Enbridge
Enbridge Inc. stands as a Canadian multinational pipeline and energy enterprise headquartered in Calgary, Alberta, Canada. With a vast network of pipelines spanning Canada and the United States, Enbridge is a pivotal transporter of crude oil, natural gas, and natural gas liquids, alongside its foray into renewable energy production. Notably, Enbridge boasts the longest pipeline system in North America, recognized as the world’s largest oil export pipeline network.
Established in 1949 by Imperial Oil under the moniker Interprovincial Pipe Line Company Limited, Enbridge initially facilitated the transportation of Alberta oil to refineries. Over ensuing years, Enbridge steadily expanded its reach through strategic acquisitions and project expansions, evolving into its current multifaceted energy conglomerate.
Established in 1949 by Imperial Oil under the moniker Interprovincial Pipe Line Company Limited, Enbridge initially facilitated the transportation of Alberta oil to refineries. Over ensuing years, Enbridge steadily expanded its reach through strategic acquisitions and project expansions, evolving into its current multifaceted energy conglomerate.
History
Originally incorporated as Interprovincial Pipe Line Company (IPL) in 1949, Enbridge’s inception followed Canada’s landmark oil discovery in Leduc, Alberta, in 1947. Its early endeavors included constructing pipelines from Leduc to Regina, Saskatchewan, and expanding further into the United States by 1950.
Throughout subsequent decades, Enbridge underwent significant transformations, including listings on major stock exchanges, acquisitions of companies like Home Oil, and diversification into gas distribution. These expansions culminated in its rebranding as Enbridge Inc. in 1998, reflecting its broader energy portfolio.
In the 2000s, Enbridge embarked on ambitious projects, delving into renewable energy with wind farm investments and spearheading pipeline ventures like the Northern Gateway and Alberta Clipper pipelines.
Operations
Enbridge’s operations encompass a diverse range of activities, with its crude oil and liquids pipelines dominating the Canadian transport landscape. Notably, its pipeline network spans thousands of kilometers, facilitating the movement of millions of barrels of oil and liquids daily.
Moreover, Enbridge plays a pivotal role in natural gas transportation, owning and operating extensive networks across North America, including Canada’s largest natural gas distribution network.
Renewable Energy
Enbridge’s commitment to renewable energy is evidenced by its substantial investments in wind, solar, geothermal, and hydroelectric projects. This strategic pivot aligns with the company’s vision of achieving net-zero emissions by 2050, reflecting a broader industry trend toward sustainable energy solutions.
In essence, Enbridge’s trajectory underscores its evolution from a regional pipeline operator to a global energy leader, navigating challenges while embracing innovation and sustainability in a rapidly evolving industry landscape.
List of Renewable Energy Assets[65] | ||||||
Project | Generation Capacity | Equipment | Location | Status | In-Service Date | Enbridge Ownership |
Offshore Wind Assets | ||||||
Normandy Offshore | 900-1,050 MW | TBD | Normandy, France | Planned | Expected 2028 | 25.50% |
(Centre Manche 1) | ||||||
Hohe See Offshore | 497 MW | 71 Turbines | North Sea, Germany | Operational | Oct-19 | 25.50% |
Saint-Nazaire Offshore | 480 MW | 80 Turbines | Bay of Biscay, France | Operational | Nov-22 | 25.50% |
Calvados Offshore | 448 MW | 64 Turbines | Bessin, France | Under Construction | Expected 2024 | 21.70% |
Rampion Offshore | 400 MW | 116 Turbines | English Channel, United Kingdom | Operational | Nov-18 | 24.90% |
Albatross Offshore | 112 MW | 16 Turbines | North Sea, Germany | Operational | Jan-20 | 25.40% |
Onshore Wind Assets | ||||||
Blackspring Ridge | 301 MW | 166 Turbines | Alberta, Canada | Operational | May-14 | 25.50% |
Lac-Alfred Wind | 300 MW | 150 Turbines | Quebec, Canada | Operational | Aug-13 | 50% |
Cedar Point Wind | 252 MW | 139 Turbines | Colorado, United States | Operational | Sep-11 | 51% |
Chapman Ranch | 249 MW | 81 Turbines | Texas, United States | Operational | Oct-17 | 100% |
Magic Valley I Wind | 203 MW | 112 Turbines | Texas, United States | Operational | Sep-12 | 80% |
Wildcat Wind | 202 MW | 125 Turbines | Indiana, United States | Operational | Dec-12 | 80% |
Ontario Wind Power | 190 MW | 115 Turbines | Ontario, Canada | Operational | Nov-08 | 51% |
Massif du Sud | 154 MW | 75 Turbines | Quebec, Canada | Operational | Jan-13 | 40.80% |
Keechi Wind | 110 MW | 55 Turbines | Texas, United States | Operational | Jan-15 | 51% |
New Creek Wind | 102 MW | 49 Turbines | West Virginia, United States | Operational | Dec-16 | 100% |
Greenwich Wind | 99 MW | 43 Turbines | Ontario, Canada | Operational | Nov-11 | 51% |
Talbot Wind Energy | 99 MW | 43 Turbines | Ontario, Canada | Operational | Dec-10 | 51% |
Saint-Robert Bellarmin | 82 MW | 40 Turbines | Quebec, Canada | Operational | Oct-12 | 25.50% |
Chin Chute Wind | 30 MW | 20 Turbines | Alberta, Canada | Operational | Nov-06 | 17% |
Magrath Wind | 30 MW | 20 Turbines | Alberta, Canada | Operational | Sep-04 | 17% |
Solar Assets | ||||||
Fox Squirrel Solar | 577 MW | TBD | Ohio, United States | Under Construction | Expected 2024 | 50% |
Sarnia Solar | 80 MW | 1,300,000 Panels | Ontario, Canada | Operational | Sep-10 | 51% |
Silver State North | 52 MW | 800,000 Panels | Nevada, United States | Operational | May-12 | 51% |
Amherstburg II Solar | 15 MW | 244,000 Panels | Ontario, Canada | Operational | Sep-11 | 51% |
Alberta Solar One | 10.5 MW | 36,000 Panels | Alberta, Canada | Operational | Apr-21 | 100% |
Tilbury Solar | 5 MW | 82,500 Panels | Ontario, Canada | Operational | Sep-11 | 51% |
Hydroelectric Assets | ||||||
Wasdell Falls | 1.6 MW | 3 VLH Turbines | Ontario, Canada | Operational | Dec-15 | 50% |
Geothermal Assets | ||||||
Neal Hot Springs | 22 MW | 3 Geothermal Modules | Oregon, United States | Operational | Aug-13 | 40% |