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Enbridge Inc T.ENB

Alternate Symbol(s):  ENB | T.ENB.PF.A | ENBSF | T.ENB.PF.C | ENBOF | T.ENB.PF.E | ENBFF | T.ENB.PF.G | T.ENB.PF.U | EBBNF | EBGEF | T.ENB.PF.V | ENBGF | T.ENB.PR.A | EBRGF | T.ENB.PR.B | EBRZF | T.ENB.PR.D | T.ENB.PR.F | ENBHF | T.ENB.PR.H | ENBRF | T.ENB.PR.J | T.ENB.PR.N | ENNPF | T.ENB.PR.P | ENBMF | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PR.Y | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.


TSX:ENB - Post by User

Post by Marner16on May 23, 2021 8:09pm
720 Views
Post# 33256025

How is the Spectra acquistion looking now

How is the Spectra acquistion looking now

According to:  https://www.hellenicshippingnews.com/natural-gas-a-vital-element-in-mission-net-zero-gecf/

Based on the latest estimates in the GECF RCS, global primary energy demand is projected to increase by 24% over the next three decades, boosted by cumulative economic and population growth drivers.

The only approach to achieve energy market stability, responsible and inclusive economic growth, as well as sustainable development goals is to consider natural gas as a destination fuel that will always be an essential element in achieving a lower-carbon energy system

It is obvious that the structure of the energy mix is becoming more diversified thanks to the expansion of renewables. However, fossil fuels are projected to remain dominant, accounting for 71% in 2050.

According to the latest GECF estimates, natural gas will become the leading source in the global energy mix by mid-century, increasing its share from 23% today to 28%.


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