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Our Businesses
With more than 50 years experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure. Founded in 1951 and headquartered in Calgary, Alberta, TransCanada has approximately 3,550 employees and is the general partner and a common unit holder of TC PipeLines, LP.
TransCanada’s businesses are organized into two segments: Pipelines and Energy. The Pipelines business is principally comprised of TransCanada’s pipelines in Canada, the United States and Mexico. The Energy business includes power operations, natural gas storage and liquefied natural gas (LNG).
TransCanada's common shares trade under the symbol of TRP on the Toronto and New York stock exchanges.
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Pipelines
With approximately 59,000-kilometres (36,500-miles), our wholly owned pipeline system taps into virtually all major gas supply basins in North America and delivers to markets across Canada and the United States.
TransCanada also has interests in natural gas pipelines in Canada, the United States and Mexico. We are also the general partner of TC PipeLines, LP, a limited partnership that owns interests in U.S. pipelines.
With increasing production from oilsands in Alberta, and growing demand for secure, reliable sources of energy, TransCanada has identified opportunities to develop oil pipeline capacity. Our proposed Keystone Pipeline complements our natural gas transmission business, draws on our extensive pipelines experience and offers an efficient way to maximize the value of our current pipeline assets.
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Energy
With more than 50 years experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure. TransCanada’s businesses are organized into two segments: Pipelines and Energy. The Pipelines business is principally comprised of TransCanada’s pipelines in Canada, the United States and Mexico. The Energy business includes power operations, natural gas storage and liquefied natural gas (LNG).
Power
Our diversified power portfolio encompasses nuclear, natural gas, coal, hydro and wind generation. TransCanada owns or is constructing approximately 7,700 megawatts of power. TransCanada also conducts wholesale and retail electricity marketing and trading in Alberta, Ontario and the northeast U.S.
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Non-regulated Gas Storage
TransCanada is one of the largest natural gas storage providers in North America with approximately 360 Bcf of storage capacity.
Our non-regulated gas storage business owns or controls approximately 130 Bcf – approximately one-third of all storage capacity in Alberta – through our wholly owned 50 Bcf Edson, Alta. facility, contracted long-term capacity of approximately 30 Bcf from a third party, and our 60 per cent interest in CrossAlta Gas Storage & Services Ltd., which operates a 50 Bcf storage facility near Crossfield, Alta.
Our regulated gas storage business, ANR Storage Company, serves our Pipelines division and provides firm and interruptible natural gas storage services to customers on our Great Lakes Gas Transmission and ANR Pipeline systems.
Liquefied Natural Gas (LNG)
With the North American demand for gas forecasted to exceed the traditional basin supply, new sources of gas are being pursued. TransCanada is well positioned to connect markets to LNG and is currently pursuing two proposed LNG projects, which together are capable of regasifying a combined total of 1.5 bcf/d of natural gas into the eastern Canadian and north eastern U.S. markets.
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