Brief to Standing Committee on the Environment and Sustainable Development Built Environment Study
The Standing Committee on the Environment and Sustainable Development’s (Environment Committee) study on Clean Growth and Climate Change in Canada: The Built Environment focuses on the Pan Canadian Framework on Climate Change’s objectives related to buildings. These objectives include energy efficiency, clean and renewable energy use, clean technology, and net zero energy building practices, while maintaining affordability and advancing innovation.
The Canadian Gas Association’s (CGA) brief to the Environment Committee will discuss how the natural gas distribution industry currently supports Canada’s goals in these areas. We want to highlight how our infrastructure and our product are essential to a low-emission building future where Canadians continue to have access to clean, affordable, and reliable energy services for homes and buildings across the country.
Canada’s natural gas system delivers reliable, affordable, and clean energy. This report looks at the main indicators for Canada’s natural gas market as we enter the 2017-18 winter heating season. A summary of these key indicators is provided to help readers understand where some key market fundamentals sit as the colder months approach, furnaces are turned back on, and demand for natural gas peaks.
For more than a century, natural gas delivery companies, identified in the map on page 3, have been meeting the energy needs of Canadians. With over 450,000 kilometers of transmission and distribution pipeline as well as above ground and underground storage facilities, natural gas is delivered to almost 6.8 million customer locations. This means that over half of all Canadians rely and benefit from affordable, clean burning, safe, and reliable natural gas solutions to heat homes, schools, hospitals and businesses, generate electricity, fuel vehicles, and power appliances.
Today, natural gas meets 36 per cent of Canada’s energy needs and is the single largest source of energy for Canada’s buildings and industry sectors. One of the reasons it is such a preferred energy option is because of its affordability - natural gas saves homeowners between $1,000-2,000 per year in energy costs.
This publication identifies how natural gas and the natural gas delivery industry can continue to support a number of government objectives including:
•developing new partnerships to promote energy efficiency and trigger cleantech innovation;
•helping Canadian families and businesses save money on energy costs;
•delivering emissions reductions;
•supporting an off-diesel strategy for northern and remote industry and communities, including Indigenous communities; and
•driving alternative transportation fuels in the heavy duty, return-to-base, off-road, rail and marine transportation sectors.
The investment in natural gas infrastructure and our commitment to customers has played an important role in helping Canadians achieve the quality of life which we enjoy today. The natural gas solutions described in the pages that follow will build on this legacy to make an even smarter, more resilient energy system.
Click here to read more about the many solutions natural gas has to offer.
Natural Gas Annual Review 2017
The growing resource base – now including renewable natural gas (RNG) – continues to drive-up the available supply of natural gas to record levels across North America. This abundant supply helped keep natural gas storage levels near record highs all winter, in turn contributing to low prices for customers – more and more of whom want access to this affordable product. Emission reductions are also being delivered as natural gas use is substituted for higher emitting alternatives. Natural gas remains Canada’s clean and affordable energy choice. Click here to read full report.
Authorized Return on Equity for Canadian and U.S. Gas and Electric Utilities
The fifth edition of the newsletter has been produced by Concentric Energy Advisors. This document summarizes the latest information available on authorized ROEs and common equity ratios for over 40 Canadian gas and electric utilities. For comparison purposes, the newsletter also presents the average and median authorized ROEs and common equity ratios for U.S. gas and electric distributors, as reported by SNL Financial’s Regulatory Research Associates.
For more information on this publication, contact one of the representatives from Concentric Energy Advisors noted at the bottom of the newsletter.