JOHN N. HUGHES Attorney at Law Professional Service Corporation 124 West Todd Street Frankfort, Kentucky 40601

Total Page:16

File Type:pdf, Size:1020Kb

JOHN N. HUGHES Attorney at Law Professional Service Corporation 124 West Todd Street Frankfort, Kentucky 40601 JOHN N. HUGHES Attorney at Law Professional Service Corporation 124 West Todd Street Frankfort, Kentucky 40601 Telephone: (502) 227-7270 Email: [email protected] November 13, 2020 Kent Chandler Acting Executive Director Kentucky Public Service Commission 211 Sower Boulevard Frankfort, KY 40602-0615 RE: Atmos Energy: Case 2020-00289 Dear Mr. Chandler: Atmos Energy Corporation submits its responses to the Commission’s First Request for Information in the above captioned proceeding. If there are any questions about this matter, please contact me. I certify that the electronic filing is a complete and accurate copy of the original documents to be filed in this matter, which will be filed within the time designated by the Commission’s COVID-19 orders and that there are currently no parties in this proceeding that the Commission has excused from participation by electronic means. Sincerely, John N. Hughes Attorney for Atmos Energy Corporation COMMONWEALTH OF KENTUCKY BEFORE THE PUBLIC SERVICE COMMISSION ELECTRONIC REQEUST OF ATMOS ENERGY ) CORPORATION FOR MODIFICATION AND ) EXTENSION OF ITS GAS COST ADJUSTMENT ) CASE NO. PERFORMANCE BASED RATEMAKING ) 2020-00289 MECHANISM ) AFFIDAVIT The Affiant, Brannon C. Taylor, being duly sworn, deposes and states that the attached responses to Commission Staffs first request for information are true and correct to the best of his knowledge and belief. STATE OF r~ ~Sv-c..­ COUNTY OF \j\J \ ~ ~~ 0\AM~ ------------~-- SUBSCRIBED AND SWORN to before me by Bram1on C. Taylor on this the __th day of November, 2020. My Commission Expires: ~ \'tJ \~ V Case No. 2020-00289 Atmos Energy Corporation, Kentucky Division Staff DR Set No. 1 Question No. 1-01 Page 1 of 6 REQUEST: Refer to Atmos’s August 31, 2020 motion to modify and extend its Performance-Based Ratemaking (PBR) mechanism (Motion), Report on Performance-Based Ratemaking (Report), pages 3 and 4, which describes the Requests for Proposal (RFP) for potential asset managers to provide single-source contracts for its distribution systems served by Texas Gas Transmission/Trunkline Pipeline/ANR Pipeline Company (Texas Gas/Trunkline/ANR) and Tennessee Gas Pipeline (Tennessee Gas). a. Provide a summary of the contract terms of each of the successful bidders for the Texas Gas/Trunkline/ANR and Tennessee Gas specific contracts, along with a detailed explanation of why each was chosen over competing bidders. b. Provide a breakdown of the annual gas commodity and transportation cost savings achieved in each of the two Texas Gas/Trunkline/ANR and Tennessee Gas distribution systems for each year of the four years covered by the Report. c. Provide a comparison of the annual gas commodity and transportation cost savings achieved in each of the two distribution systems with commodity and transportation costs savings achieved in the two systems for each year of the ten years ending June 2016. RESPONSE: a. Please see confidential Attachment 1 for a list of Atmos Kentucky’s Gas Supply and Asset Management Agreements in effect during the four years of this PBR review period, June 2016 through May 2020. Also, please see confidential Attachment 2 through confidential Attachment 5 for the four RFP recommendations that explain how each of these were chosen in the competitive bidding RFP process. Additionally, please see confidential Attachment 6 through confidential Attachment 9 for the four Gas Supply and Asset Management Agreements that contain sections summarizing the contract terms. b. The following four charts provide a breakdown of the annual gas commodity and transportation cost savings achieved by pipeline service area: Texas Gas/Trunkline/ANR and Tennessee Gas Pipeline for each year of the four years covered by the Report. Please note, Atmos Energy has a single PBR for total gas costs in the state of Kentucky. The Company’s KY PBR reporting file was not set up to show total costs broken out between the pipeline areas, and as such, there may be slight rounding differences between the amounts reported in the following charts and the amounts reported in the filed 4th Year PBR Report. Subsequent to Atmos Energy Case No. 2020-00289 Atmos Energy Corporation, Kentucky Division Staff DR Set No. 1 Question No. 1-01 Page 2 of 6 filing its 4th year report, the Company noted that a small capacity release transaction occurring over the three months December 2017, January 2018 and February 2018, with total capacity release savings of $16,789 were reported within the Transport Discount line rather than the Capacity Release line item. In the Atmos Energy PBR mechanism, capacity release savings are categorized within the TIF PBR tariff section, so even though these nominal amounts were not itemized specifically as capacity release savings, the total TIF savings included these capacity release savings. The chart that follows for the 2017-2018 PBR year separately itemizes the capacity release amount. Case No. 2020-00289 Atmos Energy Corporation, Kentucky Division Staff DR Set No. 1 Question No. 1-01 Page 3 of 6 c. Please note, Atmos Energy has a single PBR for total gas costs in the state of Kentucky. The Company’s Kentucky PBR reporting file was not set up to show total costs broken out between the pipeline areas. Older PBR periods preceding the last KPSC Order in Case No. 2015-00298 (in which the Commission reviewed the Company’s PBR records and the Company’s reported savings for the four year period June 2011 - May 2015) are more difficult to break into the requested groupings due to the age of the records. Atmos Energy retained the annual PBR Case No. 2020-00289 Atmos Energy Corporation, Kentucky Division Staff DR Set No. 1 Question No. 1-01 Page 4 of 6 reports, but the supporting detail is in varying formats with some having passed beyond their record retention period. The two charts that follow provide a breakdown of the annual gas commodity and transportation cost savings achieved by pipeline service area: Texas Gas/Trunkline/ANR and Tennessee Gas Pipeline for two PBR report periods, June 2014 – May 2015 and June 2015 – May 2016. At this time the Company offers a third chart that is a multi-year summary of the annual gas commodity and transportation cost savings for the period June 2006 to May 2016. Atmos Energy will continue to assess the data to see if the breakout comparison by pipeline area can be provided for the years requested. Case No. 2020-00289 Atmos Energy Corporation, Kentucky Division Staff DR Set No. 1 Question No. 1-01 Page 5 of 6 ATTACHMENTS: ATTACHMENT 1 - Staff_1-01_Att1 - KY Gas Supply and Asset Management Agreements (CONFIDENTIAL), 1 Page. ATTACHMENT 2 - Staff_1-01_Att2 - KY TGP RFP AMA Apr15-Mar17 Recommendations (CONFIDENTIAL).pdf, 2 Pages. ATTACHMENT 3 - Staff_1-01_Att3 - KY TGT AMA RFP Nov15-Oct20 Recommendations (CONFIDENTIAL).pdf, 2 Pages. ATTACHMENT 4 - Staff_1-01_Att4 - KY TGP RFP AMA Apr17-Mar20 Recommendations (CONFIDENTIAL).pdf, 2 Pages. ATTACHMENT 5 - Staff_1-01_Att5 - KY TGP RFP AMA Apr20-Mar23 Recommendations (CONFIDENTIAL).pdf, 3 Pages. Case No. 2020-00289 Atmos Energy Corporation, Kentucky Division Staff DR Set No. 1 Question No. 1-01 Page 6 of 6 ATTACHMENT 6 - Staff_1-01_Att6 - KY TGP RFP AMA Apr15-Mar17 Addendum (CONFIDENTIAL).pdf, 35 Pages. ATTACHMENT 7 - Staff_1-01_Att7 - KY TGT AMA RFP Nov15-Oct20 Addendum (CONFIDENTIAL).pdf, 42 Pages. ATTACHMENT 8 - Staff_1-01_Att8 - KY TGP RFP AMA Apr17-Mar20 Addendum (CONFIDENTIAL).pdf, 38 Pages. ATTACHMENT 9 - Staff_1-01_Att9 - KY TGP RFP AMA Apr20-Mar23 Addendum (CONFIDENTIAL).pdf, 40 Pages. Respondent: Brannon C. Taylor Case No. 2020-00289 Atmos Energy Corporation, Kentucky Division Staff DR Set No. 1 Question No. 1-02 Page 1 of 2 REQUEST: Refer to the Report, page 6. a. Explain in detail how the Transportation Cost Component of Atmos’s PBR mechanism produced approximately half of the total $28 million PBR savings achieved over the last four years and approximately 42 percent of the $32.6 million transportation cost savings achieved over the 22 years of the program. b. Explain why Atmos proposes to retain the Off-System Sales and Capacity Release components if they are inactive. Explain any barriers to implementing those components in the future if they are removed for inactivity. RESPONSE: a. The Kentucky PBR mechanism incentivizes the Company’s Gas Supply Planning Department. to seek out, negotiate and obtain interstate pipeline discounts at the time capacity is contracted or upon renewal (which generally occurs every 3 – 5 years). The Planning Department has studied the markets and interstate systems and the availability of capacity at receipt locations that provide the best opportunities for generating savings. The Planning Department has frequent conversations with the various pipeline representatives to stay abreast of developments and gauge new opportunities to generate savings. One example is a relatively recent form of capacity utilization between Atmos Energy utility divisions called segmentation. Here is a summary write up regarding one such transaction: The PBR program is a State Public Service Commission approved mechanism for customers and shareholders to participate in savings. Releasing unutilized capacity segments is an avenue for savings in the Mississippi PBR program. Obtaining discounted capacity is a method to generate savings in the Kentucky PBR program. Atmos Energy identified a cost savings opportunity for its Mississippi (Atmos MS) and Kentucky (Atmos KY) divisions. Atmos MS can create savings by releasing TGT capacity to Atmos KY. The TGT capacity is shared via a segmented capacity release, essentially dividing the transportation path into an Atmos MS segment and an Atmos KY segment. This provides a lower demand charge than the Atmos MS and Atmos KY divisions would pay if they individually acquired capacity from TGT. Savings generated through this release flows through the MS and KY PBR programs. Consistent with other divisional releases, the releasing party releases the capacity to the replacement party for half the base contract rate.
Recommended publications
  • ET Rover Pipeline
    ROVER PIPELINE LLC Rover Pipeline Project RESOURCE REPORT 10 Alternatives FERC Docket No. CP15-___-000 February 2015 ROVER PIPELINE PROJECT Resource Report 10 – Alternatives TABLE OF CONTENTS Section Page 10.0 ALTERNATIVES....................................................................................................................... 10-1 10.1 INTRODUCTION ...................................................................................................................... 10-1 10.2 PURPOSE AND NEED .............................................................................................................. 10-2 10.3 NO ACTION ALTERNATIVE .................................................................................................. 10-3 10.3.1 Energy Conservation ...................................................................................................... 10-5 10.3.1.1 West Virginia .............................................................................................. 10-5 10.3.1.2 Pennsylvania .............................................................................................. 10-6 10.3.1.3 Ohio ............................................................................................................ 10-6 10.3.1.4 Michigan..................................................................................................... 10-7 10.3.2 Non-Gas Energy Alternatives ........................................................................................ 10-7 10.3.2.1 Fossil Fuels ...............................................................................................
    [Show full text]
  • ANNUAL INFORMATION FORM for the YEAR ENDED DECEMBER 31, 2015 February 19, 2016
    ENBRIDGE INC. ANNUAL INFORMATION FORM FOR THE YEAR ENDED DECEMBER 31, 2015 February 19, 2016 Enbridge Inc. 2015 Annual Information Form TABLE OF CONTENTS DOCUMENTS INCORPORATED BY REFERENCE As of the date hereof, portions of the MD&A and the audited consolidated financial statements of Enbridge as at and for the year ended December 31, 2015, as filed with the securities commissions or similar authorities in each of the provinces of Canada, as detailed below, are specifically incorporated by reference into and form an integral part of this AIF. These documents are available on SEDAR which can be accessed at www.sedar.com. Page Reference From Annual Financial AIF Statements MD&A GLOSSARY ................................................................................................... 1 PRESENTATION OF INFORMATION ........................................................... 4 12 FORWARD-LOOKING INFORMATION .........................................................5 CORPORATE STRUCTURE ......................................................................... 6 GENERAL DESCRIPTION OF THE BUSINESS ............................................ 7 1-2, 14-19 GENERAL DEVELOPMENT OF THE BUSINESS ....................................... 10 2-4, 8-9, 16-21, 23-39, 59-60, 67-69, 73-74 LIQUIDS PIPELINES ................................................................................... 16 1, 40-52 GAS DISTRIBUTION ................................................................................... 17 1, 52-55 GAS PIPELINES, PROCESSING AND ENERGY SERVICES
    [Show full text]
  • Lake Charles LNG Company, LLC
    153 FERC ¶ 61,300 UNITED STATES OF AMERICA FEDERAL ENERGY REGULATORY COMMISSION Before Commissioners: Norman C. Bay, Chairman; Cheryl A. LaFleur, Tony Clark, and Colette D. Honorable. Trunkline Gas Company, LLC Docket Nos. CP14-119-000 Lake Charles LNG Export Company, LLC and CP14-120-000 Lake Charles LNG Company, LLC Lake Charles LNG Company, LLC CP14-122-000 ORDER GRANTING SECTION 3 AND SECTION 7 AUTHORIZATIONS AND APPROVING ABANDONMENT (Issued December 17, 2015) 1. On March 25, 2014, Lake Charles LNG Export Company, LLC (Lake Charles LNG Export) and Lake Charles LNG Company, LLC (Lake Charles LNG)1 jointly filed an application in Docket No. CP14-120-000 [hereinafter Liquefaction Docket], pursuant to section 3 of the Natural Gas Act (NGA).2 Lake Charles LNG Export and Lake Charles LNG seek authorization to site, construct, and operate new facilities for the liquefaction and export of natural gas (Liquefaction Facilities), to be located adjacent to Lake Charles LNG’s existing liquefied natural gas (LNG) import terminal located in Calcasieu Parish, Louisiana (terminal); and to modify and construct certain facilities (Modified Facilities) at the terminal (the Liquefaction Project). 1 On September 19, 2014, Trunkline LNG Export, LLC and Trunkline LNG Company, LLC changed their company names to Lake Charles LNG Export Company, LLC and Lake Charles LNG Company, LLC, respectively. 2 15 U.S.C. §717b (2012). Docket No. CP14-119-000, et al. - 2 - 2. Also, on March 25, 2014, Lake Charles LNG filed an application in Docket No. CP14-122-000 [hereinafter Conversion Docket] to convert its existing section 7 certificated facilities at the terminal to section 3 jurisdiction.
    [Show full text]
  • 158 Ferc ¶ 61109 United States Of
    158 FERC ¶ 61,109 UNITED STATES OF AMERICA FEDERAL ENERGY REGULATORY COMMISSION Before Commissioners: Cheryl A. LaFleur, Acting Chairman; Norman C. Bay, and Colette D. Honorable. Rover Pipeline LLC Docket Nos. CP15-93-000 CP15-93-001 Panhandle Eastern Pipe Line Company, LP CP15-94-000 Trunkline Gas Company, LLC CP15-96-000 ORDER ISSUING CERTIFICATES (Issued February 2, 2017) 1. On February 20, 2015, Rover Pipeline LLC (Rover) filed an application in Docket No. CP15-93-000, pursuant to section 7(c) of the Natural Gas Act (NGA)1 and Part 157 of the Commission’s regulations,2 for authorization to construct and operate approximately 510.7 miles of new interstate pipeline and related facilities extending from the Appalachian supply area to a proposed interconnection with Vector Pipeline, LP (Vector) in Livingston County, Michigan (Rover Pipeline Project). The proposed pipeline is designed to provide up to 3,250,000 dekatherms per day (Dth/d) of firm transportation service. Rover also requests a blanket certificate under Part 284, Subpart G of the Commission’s regulations to provide open-access transportation services, and a blanket certificate under Part 157, Subpart F of the Commission’s regulations to perform certain routine construction activities and operations. 2. On May 19, 2016, Rover filed an amendment to its application in Docket No. CP15-93-001. The amendment updates Rover’s proposed cost-based recourse rates, pro 1 15 U.S.C. § 717f(c) (2012). 2 18 C.F.R. pt. 157 (2016). Docket No. CP15-93-000, et al. - 2 - forma tariff, and Exhibits K (Cost of Facilities), L (Financing), N (Revenues-Expenses- Income), O (Depreciation and Depletion), and P (Tariff) of its application.
    [Show full text]
  • XTO-047 AR PDF for Online Version.Indd
    XTO ENERGY 2 0 0 8 ANNUAL REPORT GROWING THE LEGACY XTO HEADQUARTERS FORT WORTH CONTINUING OUR PROVEN STRATEGY We have defined our success, going on 24 years, by staying true to a time-tested strategy: Acquire great properties and make them even better. Today the Company holds a vast hydrocarbon resource captured for shareholders. As always, our focused and prudent plan will convert this potential into value. At XTO Energy, our performance today establishes the routine of success for the future. It always has. 2 STOCK UP 3868% SINCE 1993 COMPOUNDED ANNUAL GROWTH OF 29% AND 24% IN RESERVES AND PRODUCTION XTO ENERGY GROWING THE LEGACY AT A GLANCE A legacy investment is inspired by design, built with discipline and confidently guided to perform. It endures the challenges and excels through the cycles. BLOCKBUSTER YEAR OF ACQUISITIONS Strong commodity prices brought unique opportunities to the market early in the year. We purchased $11 billion in properties with long-lived production, quality reserves and superb growth potential. By hedging the 2009 associated commodity prices at $117 oil and $8.79 natural gas, the Company secured healthy economic returns on the acquisitions. RECORD INVENTORY FOR BUILDING THE FUTURE As a top domestic producer, XTO has now established dominant positions in the most prolific hydrocarbon basins across the nation. From conventional to unconventional reservoirs, we own over 14 Tcfe of upside potential to provide years of predictable, visible growth. EXPANDING SUCCESS IN OUR EASTERN REGION Our decade-long drilling program on the tight sands and carbonate formations of East Texas has established a ‘giant field’ discovery of over 10 Tcfe in the Freestone Trend.
    [Show full text]
  • U.S. Energy Regulation, Development & Finance
    U.S. Energy Regulation, Development & Finance SECOND EDITION ROBERT A. JAMES, EDITOR Pillsbury Winthrop Shaw Pittman LLP ATTORNEY ADVERTISING. Results depend on a number of factors unique to each matter. Prior results do not guarantee a similar outcome. Pillsbury Winthrop Shaw Pittman LLP 1540 Broadway | New York, NY 10036 | 877.323.4171 www.pillsburylaw.com © 2013 Pillsbury Winthrop Shaw Pittman LLP. All rights reserved. Preprinted by permission of Law Business Research from the following publications: Electricty Regulation 2011, Gas Regulation 2012, Oil Regulation 2012, and Project Finance 2013. The U.S. energy and infrastructure sectors have undergone dramatic change since 2006, the year of Pillsbury’s first contribution to the Getting the Deal Through publications. Natural gas production and reserves have increased largely from shale and other unconventional sources, which have reinvigorated the petrochemical sector, challenged the prospects of power generation from coal, nuclear and renewable sources, and turned talk of LNG imports into talk of potential exports and gas as a more widespread transportation fuel. Oil production has increased in the Midwest, which faces obstacles for new and increased means of transportation, and the federal agencies regulating offshore oil leases and safety have been completely transformed after the Macondo accident. Power generators must, as ever, monitor the changing political drivers of policymakers and agencies, with higher renewable procurement standards being more concentrated in the Northeast and the West Coast and new generation projects often needing to coordinate with plans for greater local and regional transmission. A common thread is the greater need for investments in infrastructure of all types, including private finance and public-private partnerships (PPPs) to cope with the constraints on public funding.
    [Show full text]
  • Management's Discussion and Analysis
    ENBRIDGE INC. MANAGEMENT’S DISCUSSION AND ANALYSIS December 31, 2014 MANAGEMENT’S DISCUSSION AND ANALYSIS This Management’s Discussion and Analysis (MD&A) dated February 19, 2015 should be read in conjunction with the audited consolidated financial statements and notes thereto of Enbridge Inc. (Enbridge or the Company) for the year ended December 31, 2014, prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). All financial measures presented in this MD&A are expressed in Canadian dollars, unless otherwise indicated. Additional information related to the Company, including its Annual Information Form, is available on SEDAR at www.sedar.com. OVERVIEW Enbridge, a Canadian Company, is a North American leader in delivering energy. As a transporter of energy, Enbridge operates, in Canada and the United States, the world's longest crude oil and liquids transportation system. The Company also has significant and growing involvement in natural gas gathering, transmission and midstream businesses and an increasing involvement in power transmission. As a distributor of energy, Enbridge owns and operates Canada's largest natural gas distribution company and provides distribution services in Ontario, Quebec, New Brunswick and New York State. As a generator of energy, Enbridge has interests in more than 2,200 megawatts (MW) (1,600 MW net) of renewable and alternative energy generating capacity and is expanding its interests in wind, solar and geothermal facilities. Enbridge employs more than 11,000 people, primarily in Canada and the United States. The Company’s activities are carried out through five business segments: Liquids Pipelines; Gas Distribution; Gas Pipelines, Processing and Energy Services; Sponsored Investments; and Corporate, as discussed below.
    [Show full text]
  • Energy Assurance Daily
    ENERGY ASSURANCE DAILY Tuesday Evening, October 09, 2012 Major Developments Update: California Wholesale Gasoline Prices Sink after Governor Orders Regulators to Allow Winter Blend for Sale California wholesale gasoline prices fell up to 12 percent Monday after Governor Jerry Brown on Sunday ordered the California Air Resources Board to immediately allow winter-blend gasoline to be sold in California, before its previously scheduled November 1 sales date, in an effort to increase gasoline supplies amid refinery outages that reduced supply and drove wholesale prices up more than $1 per gallon last week. California wholesale gasoline prices on Monday were $3.35 a gallon in Los Angeles, down 12 percent from last Friday’s $3.805 and down 18 percent from the peak of $4.095 last Thursday. Although gasoline inventories in California are at their lowest point in more than 10 years, the supply situation was expected to improve after ExxonMobil on Friday resumed operations at its 149,500 b/d Torrance, California refinery following a recovery from a plant-wide power outage last Monday. Tesoro’s 96,860 b/d Wilmington, California refinery was also expected to resume production this week, following a maintenance shutdown. Valero Energy Corp. on Monday said it was reviewing how the switch to winter blend would impact its decision last week to withdraw from the California wholesale spot market. Reuters, 15:00 October 5, 2012 Reuters, 03:01 October 9, 2012 http://www.fox5sandiego.com/news/kswb-governor-brown-orders-winterblend-gas-to-reverse-price-hikes- 20121007,0,7721176.story http://www.downstreamtoday.com/news/article.aspx?a_id=37412 Electricity NRC Warns of Flood Risk at Duke Energy’s Oconee Nuclear Power Plant in South Carolina Due to Upstream Jocassee Dam Duke Energy’s Oconee nuclear plant in South Carolina faces more flood risk from an upstream dam than earlier estimated, according to a 2011 report from the U.S.
    [Show full text]
  • MD&A and Financial Statements
    ENBRIDGE INC. MANAGEMENT’S DISCUSSION AND ANALYSIS December 31, 2013 MANAGEMENT’S DISCUSSION AND ANALYSIS This Management’s Discussion and Analysis (MD&A) dated February 14, 2014 should be read in conjunction with the audited consolidated financial statements and notes thereto of Enbridge Inc. (Enbridge or the Company) for the year ended December 31, 2013, prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). All financial measures presented in this MD&A are expressed in Canadian dollars, unless otherwise indicated. Additional information related to the Company, including its Annual Information Form, is available on SEDAR at www.sedar.com. In connection with the preparation of the Company’s first quarter consolidated financial statements, an error was identified in the manner in which the Company historically recorded deferred regulatory assets associated with the difference between depreciation expense calculated in accordance with U.S. GAAP and negotiated depreciation rates recovered in transportation tolls for certain of its regulated operations. The error was not material to any of the Company’s previously issued consolidated financial statements; however, as discussed in Note 4, Revision of Prior Period Financial Statements, to the consolidated financial statements as at December 31, 2013, prior year comparative financial statements have been revised to correct the effect of this error. This non-cash revision did not impact cash flows for any prior period. The discussion and analysis included herein is based on revised financial results for the year ended December 31, 2013 or other comparative periods as indicated. OVERVIEW Enbridge, a Canadian Company, is a North American leader in delivering energy.
    [Show full text]
  • Enbridge 2015 Csr & Sustainability Report
    ENBRIDGE 2015 CSR & SUSTAINABILITY REPORT March 31, 2016, with revisions from July 7, 2017 Enbridge | 2015 CSR & SUSTAINABILITY REPORT 1 TABLE OF CONTENTS I. FORWARD-LOOKING INFORMATION .....................................................................................................3 II. CSR & SUSTAINABILITY AT ENBRIDGE Message from Al Monaco, President & Chief Executive Officer ...................................................5 Message from Linda Coady, Chief Sustainability Officer ..............................................................7 CSR & Sustainability at Enbridge: An Overview ...........................................................................8 III. ABOUT ENBRIDGE Our Company ...............................................................................................................................14 Strategy & Priorities .....................................................................................................................22 Risk Management .........................................................................................................................26 Significant Sustainability Challenges & How We Are Responding ................................................28 Government Relations & Lobbying ..............................................................................................34 IV. OUR 2015 PERFORMANCE Maintaining the Fitness of our Systems and Leak Detection ........................................................36 Energy & Climate Change ............................................................................................................66
    [Show full text]
  • Bureau of Competition
    Bureau of Competition American Bar Assoeiatioa Aatitrust Section Spring MeeBiag 2804 Molly S. Boast Robert Pitofsky Acting Director Chainnan Bureau of Competition Federal Trade Coininission ABA ANTITRUST SECTION SPRING MEETING Summary of Bureau of Competition Activity Fiscal Year 1997 Through March 15,2001' I. Mergers A. Consent Orders 1. * ABB (Final Order April 14, 1999): ABB divested the Analytical Division of Elsag Bailey Process Automation N V. to Siemens Corporation settling antitrust concerns that the acquisition of Elsag would substantially reduce competition in the market for process gas chromatographs and process mass spectrometers, analytical instruments used to measure the chemical composition of a gas or liquid used in petrochemical refiniog, pharmaceutical and chemical manufacturing, and pulp and paper processing. 2. * Agrium, Znc. (Final Order November 13,2000): A consent order requires Agrium to divest a deepwater terminal near Portland, Oregon, an up water terminal in central Washington and other assets settling charges concerning its proposed acquisition of the nitrogen fertilizer business of Union Oil Company ojCalifonia. Agrium and Unocal are the leading producers in the Northwest of nitrogen fertilizer - anhydrous ammonia, urea and UAN 32% solution - ingredients used for plant growth. 3. * Albertson 's, Znc. (Final Order December 8, 1998): A consent order requires Albertson's to divest eight supermarkets in Montana and seven in Wyoming to Supexvalu Holdings, Inc. in an effort to maintain competitive pricing in the areas. According to the complaint, Albertson's acquisition of Buftrey Food and Drug Store Company would result in higher prices and reduced quality in 11 * Denotes new cases during this period -- the fust public notice of an enforcement action by the Commission 1 communities 4.
    [Show full text]
  • Energy Assurance Daily
    ENERGY ASSURANCE DAILY Friday Evening, August 09, 2013 Electricity Update: Power Restored to Majority of We Energies Customers in Wisconsin August 9 As of 3:30 p.m. EDT, 2,408 We Energies customers in eastern Wisconsin remained without power after strong storms knocked out power to 60,000 We Energies customers overnight August 6–7. We Energies said that some customers still out may need to contact an electrical contractor if their service mast or other customer-owned equipment is damaged. http://www.we-energies.com/outagemapext/default.html https://www.facebook.com/WeEnergies Progress Energy’s 811 MW Brunswick Nuclear Unit 2 in North Carolina Reduced to 40 Percent by August 9 On the morning of August 8 the unit was operating at full power, according to the Nuclear Regulatory Commission. http://www.nrc.gov/reading-rm/doc-collections/event-status/reactor-status/2013/ Update: Entergy’s 836 MW Arkansas Nuclear Unit 1 in Arkansas Ramped Up to 56 Percent by August 9 On the morning of August 8 the unit was operating at 18 percent, according to the Nuclear Regulatory Commission. The unit reconnected to the grid on August 7 after exiting a scheduled refueling outage that began on March 24 and undergoing a major restoration effort. http://www.nrc.gov/reading-rm/doc-collections/event-status/reactor-status/2013/ Update: La Paloma Generating Company’s 260 MW Gas-fired Unit in California Returns to Service by August 8 The unit returned from a planned outage. http://content.caiso.com/unitstatus/data/unitstatus201308081515.html Petroleum Update: Energy Transfer to Extend Open Season for 420,000 b/d Trunkline Pipeline from Bakken to U.S.
    [Show full text]