We are helping the world transition to a low-carbon future.
To meet current and future demand, the world requires all forms of energy—oil, natural gas and renewable power. At the same time, demand for renewables and low-carbon energy sources is growing. As a North American energy infrastructure leader, Enbridge is well positioned to help advance the transition to a low-carbon future.
We invested in our first wind farm in 2002―at a time when large-scale wind and solar projects were still very new and had not been adopted widely across North America. From that starting point, we have made a significant contribution to growth of North America’s renewable energy industry, investing billions of dollars in wind and solar projects in Canada and the U.S., and we’ve recently begun to grow our portfolio of offshore wind projects in Europe.
We have also invested in power transmission and a wide range of alternative energy projects, including waste heat recovery, geothermal, run-of-river power generation and technologies that will make it economical to store renewable energy.
In November 2017, in the context of our three-year strategic plan and focus on capital allocation to our core natural gas transmission and distribution, liquids pipelines and utilities businesses, we announced the planned monetization of $3 billion in certain natural gas midstream assets and North American onshore renewable assets over 2018. As of the date of publication of this report, Enbridge has entered into an agreement with the Canada Pension Plan Investment Board (CPPIB) for the sale of a 49% interest in select North American onshore renewable power assets owned by Enbridge. In addition, CPPIB and Enbridge has entered into a joint venture agreement for the completion of two German offshore wind projects (Hohe See, and related expansion) and the pursuit of future European offshore wind projects. Enbridge and its affiliates will continue to manage, operate and provide administrative services for the renewable power assets. Offshore wind is a strong fit for Enbridge, given our history with onshore renewable technology, our major projects capability and our experience in working off-shore in the Gulf of Mexico. We plan to continue to grow our offshore renewable generating capacity and be at the forefront of the global transition to a low-carbon future.
Environmental and Social Benefits of Enbridge’s Renewable Power Projects
Each of our renewable energy and transmission projects provides environmental benefits. Our wind farms provide a source of clean energy. Our solar facilities generate electricity with no emissions, no waste production and no water use. Our geothermal facility is a zero-emission project that uses heat from the Earth to produce power. Our waste recovery projects generate emissions-free electricity by harnessing the exhaust heat produced by gas turbines at compressor stations. By investing in green power projects, we not only contribute to clean energy, we also help to grow the economy through employment, property taxes and lease payments to landowners.
Our Renewable Energy Footprint
View our interactive map to learn more detailed information about Enbridge’s renewable energy assets.
2 performance objectives:
- Continuing to advance our renewable energy investments
- Improving operational self-performance at our wind farms
Enbridge’s renewable investments since 2002
Note: All megawatt figures are gross capacity.
$7.8B committed in renewable energy and power transmission projects in North America and Europe.
Since 2002, Enbridge has invested in the development of more than 3,500 MW gross (2,500 MW net) of zero-emission energy―enough power to meet the energy needs of more than 1.8 million homes.
