Canadian Utilities Limited is developing an energy infrastructure project to expand capacity and enhance efficiency of Alberta’s natural gas network and drive lower-carbon economic growth in the province, according to a news release.
The Yellowhead Mainline project will connect natural gas producers to key markets. The project is expected to provide gas supply for the more than $20 billion of investment and associated employment in Alberta for customers including the Dow Fort Saskatchewan Path2Zero project.
The project consists of building approximately 200 kilometers of high-pressure natural gas pipeline and related control and compression facilities that will run from Peers, Alberta, to the northeast Edmonton area.
Total investment for the project is expected to exceed $2bn. The expansion is expected to have the capability to deliver about 1,000 terajoules (or 1 billion cubic feet) per day of incremental natural gas delivery capacity and is planned to be on-stream in 4Q27 with construction expected to commence in 2026.
ATCO Energy Systems made capital expenditures of $1,213m ($1,130m excluding International Natural Gas Distribution) and capital investments of $1,219m ($1,136m excluding International Natural Gas Distribution) in 2023.
ATCO Energy Systems expects its capital investment to be in the range of $4.3bn to $4.7bn from 2024 to 2026.
