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TC Energy urges co-operation on growing network to meet 'generational' gas demand
TC Energy says it has invested $15 billion over the past decade and has more than $1 billion in sanctioned projects to add capacity.
- TC Energy manages a large Alberta gas pipeline network that transports a significant portion of Western Canada's natural gas and plans to continue investing to meet a generational demand for natural gas.
- An Alberta cabinet report criticized TC Energy's expansion plans as misaligned with expected demand growth and identified a market failure due to TC Energy's dominant position.
- TC Energy has invested $15 billion over the past decade and plans an additional $1 billion in projects, calling for cooperation among all stakeholders to build the necessary infrastructure.
- The Alberta cabinet report recommended creating two Crown corporations for new gas transmission lines, but Premier Danielle Smith indicated this is unlikely due to anticipated private-sector interest.
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TC Energy urges co-operation on growing network to meet 'generational' gas demand
TC Energy, the pipeline company that moves three quarters of Western Canada's natural gas, says it's prepared to keep investing in its vast Alberta network to meet "generational demand" for the fuel.
·Ottawa, Canada
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TC Energy urges co-operation on growing network to meet ‘generational’ gas demand
CALGARY - The pipeline company that moves three quarters of Western Canada's natural gas says it's prepared to keep investing in its vast Alberta network to meet "generational demand" for the fuel.
·Woodland Park, United States
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Total News Sources7
Leaning Left5Leaning Right0Center2Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
C 29%
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