trending Market Intelligence /marketintelligence/en/news-insights/trending/B5i7PK4B7_7SF6MYbVXWkA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Liberal government sees Trans Mountain system as key to clean energy transition

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Liberal government sees Trans Mountain system as key to clean energy transition

After years of opposition from environmental groups, an expansion to the Trans Mountain Corp. pipeline network could pave the way to Canada's transition to clean energy, Liberal Canadian Finance Minister Bill Morneau told publication BOE Report.

The Canadian federal government owns Trans Mountain. Morneau said Trans Mountain's expanded system was bought for a "reason," and he sees the pipeline's revenues as a financial source for the country's clean energy initiatives, according to the Oct. 24 news report. Canada's Liberal government expects revenues of C$125 million from the expanded pipeline for 2021 to 2022, which would increase to C$500 million for each of the subsequent two years, BOE said.

The Liberal government has tied the revenues of Trans Mountain's system to an annual fund of C$300 million for environmental solutions, such as tree planting and conservation and restoration of selected areas.

Morneau also said the plan would be to eventually sell the Trans Mountain system back to the private sector and use the sale's revenues for further clean energy-related projects.

The expanded pipe's completion is expected by mid-2022.

The expansion of the Trans Mountain pipe system, which was halted in August 2018, received a green light from the federal government in June this year. The expansion would increase the system's transportation capacity to 890,000 barrels per day from its current 300,000 bbl/d. Canada bought the pipe system from Kinder Morgan Inc. for C$4.5 billion.