The diversification of our energy systems is a priority for Enbridge―one that supports the shift to a low-carbon economy, the ongoing efforts to reduce greenhouse gas (GHG) emissions, and the achievement of local, national and global climate goals, while enabling Enbridge to continue to deliver long-term value for our shareholders, customers, employees and the communities in which we operate. As part of that diversification, we have been one of Canada’s largest investors in renewable energy.

In most cases, our onshore renewable energy and transmission projects are underpinned by attractive long-term power purchase agreements (PPAs) and price swap arrangements that deliver stable cash flows and attractive returns similar to those realized by our liquids and gas transportation businesses. Our offshore wind assets are supported by strong fundamentals, including growing customer demand and decreasing costs, as well as significant renewable portfolio standard (RPS) targets. All of our offshore projects to date are underpinned by long-term power purchase agreements with local offtake partners.

We also recognize that clean-burning natural gas has a critical role to play in a low-carbon future. As North America’s largest distributor, processor and transporter of natural gas, we are well-positioned to be a leading supplier of affordable and reliable natural gas to provide fuel for power generation, industrial and manufacturing facilities, and residential and commercial heating. Natural gas complements renewables by providing a quick-start backup as renewables-related issues such as intermittency, availability, volume and energy storage are resolved.

Through our natural gas utilities, we are exploring the development and use of renewable natural gas (RNG), which has the potential to be one of the most cost-effective ways for our customers to reduce their carbon footprint after energy conservation.

Read a summary of Enbridge’s renewable and alternative energy investments.

View a summary of Enbridge’s renewable and low carbon energy investments.