Energy Policy News
  • Latest
  • Archives
  • Data
  • Webinar
  • Index
Thursday, January 26, 2023
Log In
No Result
View All Results
  • Natural Gas
  • Oil
  • Power
  • Security
  • Sustainability
Energy Policy News
  • Latest
  • Archives
  • Data
  • Webinar
  • Index
Thursday, January 26, 2023
Log In
No Result
View All Results
Energy Policy News
No Result
View All Results

Enbridge to explore extending Mainline pact after Canada regulator rejection

Bloomberg News by Bloomberg News
November 29, 2021
in Natural Gas, News
Reading Time: 2 mins read
0
Share on FacebookShare on TwitterShare on LinkedInShare by Email

Enbridge Inc. plans to explore several alternatives, including the extension of its previous commercial agreement, for its Mainline pipeline network after Canada’s top energy regulator rejected the company’s proposal to use long-term contracts.

The Calgary-based company will explore with stakeholders a modified version of Competitive Tolling Settlement, as the most recent commercial framework that expired in June is known, according to a statement Sunday. It also will explore a new incentive rate-making agreement, or a cost of service rate-making structure.

The Canada Energy Regulator, or CER, ruled Nov. 26 that “the package of tolls, terms and conditions in the service offering would result in a distribution of benefits and negative impacts that is uneven and disproportionate.” The decision dealt a blow to North America’s largest pipeline company as it upgrades a vast system that ships more than 3 million barrels of crude a day from Alberta to the U.S. Midwest and Gulf Coast, as well as Ontario and Quebec. The network includes the Line 3 and Line 5 conduits that have faced opposition in the U.S.

“The CER denied the application on the basis that, among other things, contracting as proposed would result in a significant change to access the Canadian Mainline and potentially inequitable outcomes,” Enbridge said. “It was also evident from extensive industry input that there was no consensus on what a new commercial structure should look like – some favoured contracting, while others opposed it altogether, preferring to maintain the status-quo, a monthly nominations process and a fixed toll.”

In parallel with negotiations of a potential negotiated settlement, Enbridge said it will prepare a cost of service application for the Canadian Mainline, which will be filed with the energy regulator, if an agreement to continue with incentive rate-making isn’t achievable. The negotiations may take through 2022, with the subsequent regulator’s review and decision process to conclude in 2023.

“The range of financial outcomes associated with an alternative commercial model will be manageable and is not expected to materially impact Enbridge’s financial results,” company said in the statement.

 

Tags: 3374Canada Energy RegulatorEnbridgeoil pipelinespipelines
Previous Post

H&P executives expect higher rig activity, contract pricing in 2022

Next Post

New tech critical to global decarbonization goals, utility execs say

Related Posts

FERC logo
Natural Gas

FERC Friday Update: July 1, 2022

July 1, 2022
ENERGY POLICY NEWS
Energy News Alert

Energy Policy News says farewell

July 1, 2022
California’s all-renewable moment shows the future of the power grid
Renewables

Environmental groups protest Southwest Power Pool’s renewables accreditation

June 30, 2022
Next Post
Supreme Court Affirms FERC’s Authority To Regulate Demand Response Programs

New tech critical to global decarbonization goals, utility execs say

Report No. 3403

FERC Friday Update: July 1, 2022

Energy Policy News says farewell

Environmental groups protest Southwest Power Pool’s renewables accreditation

6GW of offshore wind planned with more on the way

Supreme Court curbs EPA’s climate authority in blow to Biden

Offshore wind goals depend on domestic supply

FERC fines Salem Harbor $17M for capacity market fraud

G-7 leaders favor LNG investment in U-turn due to energy crisis

DC circuit court upholds Mountain Valley Southgate expansion

Natural gas industry supports NOPR to streamline rate filings

MVP requests extra time to complete project

FERC issues final EIS for Golden Pass project

  • About
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Help Center

 Manage Cookie Consent

Follow Us

© 2022 Royal Media - Energy Policy News, formerly Foster Energy Report

No Result
View All Results
  • Latest
  • Archives
  • Data
  • Webinars
  • Index
  • SUBSCRIBE
  • Login

© 2022 Royal Media - Energy Policy News, formerly Foster Energy Report

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Effective July 1, 2022 Energy Policy News will be discontinued.

After a year of guiding readers to better understanding and awareness around the key policy issues that can make or break energy projects and growth initiatives, we made the difficult decision to shut down our publication.

We are proud of the remarkable coverage provided by our team and want to thank all our customers for your support over the past year.

Sincerely,
The Energy Policy News Team

THIS WEBSITE USES COOKIES

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “I CONSENT”, you consent to the use of ALL the cookies.

Cookie settingsI CONSENT

Review our Cookie Policies
.
Manage Cookie Consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
34f6831605sessionGeneral purpose platform session cookie, used by sites written in JSP. Usually used to maintain an anonymous user session by the server.
a64cedc0bfsessionGeneral purpose platform session cookie, used by sites written in JSP. Usually used to maintain an anonymous user session by the server.
cookielawinfo-checkbox-advertisement1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
crmcsrsessionGeneral purpose platform session cookie, used by sites written in JSP. Usually used to maintain an anonymous user session by the server.
JSESSIONIDsessionThe JSESSIONID cookie is used by New Relic to store a session identifier so that New Relic can monitor session counts for an application.
LS_CSRF_TOKENsessionCloudflare sets this cookie to track users’ activities across multiple websites. It expires once the browser is closed.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
CookieDurationDescription
663a60c55dsessionThis cookie is related to Zoho (Customer Service) Chatbox
e188bc05fesessionThis cookie is set in relation to Zoho Campaigns
iamcsrsessionZoho (Customer Support) sets this cookie and is used for tracking visitors (for performance purposes)
_zcsr_tmpsessionZoho sets this cookie for the login function on the website.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
CookieDurationDescription
_ga2 yearsThe _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
_gat_gtag_UA_84821447_11 minuteSet by Google to distinguish users.
_gid1 dayInstalled by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
CookieDurationDescription
663a60c55dsessionThis cookie is related to Zoho (Customer Service) Chatbox
Save & Accept
Powered by CookieYes Logo
Go to mobile version