Enbridge Gas Invites Bids for Peak Storage at Dawn Hub (P&GJ) — Enbridge Gas has announced a binding open season for peak storage services at the Dawn Hub storage facility, with service starting as early as April 1, 2025.
Shippers seeking access to flexible, customized premium storage for peaking service needs can submit bids for a minimum term of three years. The deadline for all bids is May 16, 2024.
The Dawn Hub is one of North America's largest integrated natural gas storage facilities. Strategically located in southwestern Ontario and with 288 Bcf of working storage capacity, it offers customers, such as power generators, distribution and pipeline companies and energy marketers, an important link in the movement of natural gas from key supply basins to markets in central Canada and the northeast U.S.
The Dawn Hub also provides shippers with direct access to North America's major supply basins, including Appalachia and the Western Canadian sedimentary basin. With multiple supply routes from western Canada, the mid-continent, Appalachia, and the Rockies, as well as the ability to serve markets in the mid-west, eastern Canada, and the U.S. Northeast, the Enbridge Gas Dawn Hub is a reliable, secure, and liquid natural gas trading hub.
Enbridge Gas Peak Storage Service offers shippers unmatched flexibility to meet their requirements and reduce operational costs. It allows them to capture daily, monthly, and seasonal price volatility/spreads, balance demand and supply needs, hedge commodity purchases, improve load factor on pipelines, and bundle storage with other services.