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Enbridge Inc T.ENB.PR.F


Primary Symbol: T.ENB Alternate Symbol(s):  ENB | T.ENB.PF.A | T.ENB.PF.C | T.ENB.PF.E | ENBOF | ENBFF | T.ENB.PF.G | EBBNF | T.ENB.PF.U | T.ENB.PF.V | EBGEF | T.ENB.PR.A | ENBGF | T.ENB.PR.B | EBRGF | T.ENB.PR.D | EBRZF | T.ENB.PR.H | ENBHF | T.ENB.PR.J | ENBRF | 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

Comment by Donwaanon Sep 06, 2023 7:07pm
326 Views
Post# 35623002

RE:RE:RE:RE:RE:RE:RE:RE:Load Up ?

RE:RE:RE:RE:RE:RE:RE:RE:Load Up ?(apologies for the long answer) China has made ambitious plans to bring its total installed capacity of wind and solar power to over 1,200 gigawatts (GW) by 2030 to support the countrys 2060 carbon-neutral goal. With 757GW of wind and solar already operating, and an additional 750GW in the pipeline, Chinas 2030 target will be met five years ahead of schedule, according to Global Energy Monitor. More than any other country, China holds the power to make or break global efforts to prevent a climate catastrophe. Driven by concerns about its future energy security, Beijing has in recent years embarked on a building spree of coal-fired power plants. Chinese authorities approved 86 gigawatts (GW) of new coal-fired plants in 2022 alone, and green-lit 50GW more in the first six months of 2023, according to Greenpeace. But Beijing is also the world leader in renewable energy, building up more solar power capacity than the entire rest of the world combined. With more and more renewable capacity put into operation, coal-fired plants will inevitably decrease their output, or running hours, these plants will be gradually transformed from base load to peak load. Therefore, its not at odds with their carbon neutrality pledges.
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