| Our Energy Business
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, non-regulated 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 10,900 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 370 Bcf of storage capacity in total.
Our non-regulated gas storage business owns or controls approximately 120 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 38 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 strorage 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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