A Canadian Perspective Cynthia Chaplin Executive Director, CAMPUT - - PowerPoint PPT Presentation

▶
a canadian perspective
SMART_READER_LITE
LIVE PREVIEW

A Canadian Perspective Cynthia Chaplin Executive Director, CAMPUT - - PowerPoint PPT Presentation

Feb 19, 2023 199 likes •384 views

Gas Pipelines: Have we got the regulatory balance right? A Canadian Perspective Cynthia Chaplin Executive Director, CAMPUT Presentation to the ACCC/AER Regulatory Conference Brisbane, 1 August 2019 1 Overview Context Regulation

slide-1
SLIDE 1

Gas Pipelines: Have we got the regulatory balance right?

A Canadian Perspective

Cynthia Chaplin Executive Director, CAMPUT

Presentation to the ACCC/AER Regulatory Conference Brisbane, 1 August 2019

1

slide-2
SLIDE 2

Overview

  • Context
  • Regulation Yesterday
  • Regulation Today
  • Regulation Tomorrow: Challenges and Issues

2

slide-3
SLIDE 3

Context

  • What on earth is CAMPUT?
  • Canada’s Natural Gas Sector in Pictures
  • Key Factors
  • Integrated Canada-US Market
  • Shale Production
  • Gas-fired Power Generation
  • Pipeline Politics
  • LNG Development

3

slide-4
SLIDE 4

4

slide-5
SLIDE 5

5

slide-6
SLIDE 6

Dawn Hub

6

slide-7
SLIDE 7

7

Source: National Energy Board

slide-8
SLIDE 8

8

slide-9
SLIDE 9

Customers

9

Industrial 0% Commercial 7% Residential 93%

Number of Customers 7 million

Industrial 67% Commercial 15% Residential 18%

Annual Volumes 3.3 TCF/year

Source: Statistics Canada Tables 25-10-0059-01 & 25-10-0058-01

slide-10
SLIDE 10

Pipelines

10

slide-11
SLIDE 11

Regulation Yesterday

  • Natural Gas Deregulation in Canada
  • Unbundling
  • Taxes Lowered
  • Export Restrictions to US Lifted
  • Integrated Market Emerges
  • Canadian Exports Rise
  • Pipelines Expand
  • Trading Hubs Grow
  • Financial Market Emerge
  • Markers of Success
  • Government Alignment
  • Demand/Supply Fundamentals
  • Regulatory Action
  • Commitment to Market

11

slide-12
SLIDE 12

Regulation Today

12

  • Federal Pipeline Regulation
  • Cost of Service
  • Market Based
  • Complaint Basis
  • Provincial Pipeline Regulation (Ontario)
  • Cost of service  Incentive and Performance-based Regulation
  • Distribution: Regulated with Customer Choice
  • Transportation: Regulated
  • Storage: Regulated and Unregulated
  • Overall
  • Customer Choice and Utility Responsiveness
  • Transparency
  • Pipeline Capacity
slide-13
SLIDE 13

Regulated Pipelines - Federal

13

Source: National Energy Board

slide-14
SLIDE 14

Challenges and Issues

14

  • Climate Change Policy
  • Federal vs Provincial
  • Change and Uncertainty
  • Industry Response
  • Pipeline Approvals
  • Environmental Issues
  • Indigenous Rights
  • Politics
  • LNG
  • Regulation
  • LNG Canada Project
  • Potential Market Impact
slide-15
SLIDE 15

Challenges and Issues

15

“… in aggregate, the LNG export licence applications submitted to the Board to date represent a significant volume

  • f LNG exports from Canada. However, all of these LNG

ventures are competing for a limited global market and face numerous development and construction challenges. Consistent with the evidence submitted in LNG Canada’s current Application, the Board believes that not all LNG export licences issued by the Board will be used or used to the full allowance.”

Emphasis added

slide-16
SLIDE 16

16

slide-17
SLIDE 17

Lessons/Observations from Canada

17

  • Market Characteristics
  • Resource Base
  • Integrated Canada-US Market
  • Utility Responsiveness
  • Impact of LNG
  • Regulatory Characteristics
  • Stakeholder Satisfaction
  • Transparency
  • Pipeline Politics
  • Potential Impact of LNG
slide-18
SLIDE 18

Thank you

Cynthia Chaplin

Executive Director CAMPUT

cynthia@camput.org

18