Q1 Highlights and Growth Prospects
Gas Transmission Expansion Potential
Regional Price Comparison (January 2022)
Natural Gas2 ($/MMbtu)
Power² ($/MWh)
~2x
$25
~5x
$150
$20
U.S. Northeast
$15
$100
$10
$50
West Coast
$5
12.7
10.5
$-
$-
Henry Hub
USNE
PJM 3
New England
9.5
7.6
2021
2040e
5.5
2021
2040e
Demand Forecast1:
Debottleneck Northeast Connectivity
• Natural gas required to backup renewables
& displace coal and oil generation
Increase access to Appalachian supply
.
.
Inventory of capital efficient system expansions
LNG Exports
Opportunities across USGC & West Coast
(bcfd)
Domestic
S.E. Atlantic
LNG Export
U.S.G.C.
25.6
18.2 17.1
.
21.0
25.7
8.5
2021
0.8
2021
T
1.0
2040e
2040e
In corridor transmission system expansions
Pipeline supply source to LNG plants
ENBRIDGE®
Built-in system optionality to accelerate reliable domestic and export market access to natural gas
(1) Source: Wood Mackenzie North America Gas Strategic Planning Outlook - March 2022 (2) ICE Connect Gas and Power Prices (3) PJM: Pennsylvania, New Jersey, and Maryland
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