
Future of TransCanada Corp.
CATEGORIES
- Asset Performance
- Innovation assets and pipeline
- Disruption vulnerability
- Company headlines
- Company’s future prospects
DATA ACCESS
TransCanada Corporation is a significant North American energy company, based in Calgary, Alberta, Canada, operating and developing energy infrastructure in North America. Its pipeline network includes about 3,460 kilometers (2,150 miles) of the oil pipeline, plus around 57,000 kilometers (35,418 miles) of solely owned and 11,500 kilometers (7,146 miles) of partly owned gas pipeline that connects with virtually all primary gas supply basins in North America. TransCanada is one of the continent’s biggest providers of gas storage and related services.
Asset Performance
- Product/Service/Dept. nameProduct (Canadian natural gas pipelines)Product/Service revenue3682000000
- Product/Service/Dept. nameProduct (U.S. natural gas pipelines)Product/Service revenue2526000000
- Product/Service/Dept. nameProduct (Mexico natural gas pipelines)Product/Service revenue378000000
Innovation assets and Pipeline
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.
DISRUPTION VULNERABILITY
Belonging to the energy sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:
*First off, the most obvious disruptive trend is the shrinking cost and increasing energy generating capacity of renewable sources of electricity, such as wind, tidal, geothermal and (especially) solar. The economics of renewables are advancing at such a rate that further investments into more traditional sources of electricity, such as coal, gas, petroleum, and nuclear, are becoming less competitive in many parts of the world.
*Concurrent with the growth of renewables is the shrinking cost and increasing energy storing capacity of utility-scale batteries that can store electricity from renewables (like solar) during the day for release during the evening.
*The energy infrastructure in much of North America and Europe is decades old and is currently in the two-decade-long process of being rebuilt and reimagined. This will result in the installation of smart grids that are more stable and resilient, and will spur the development of a more efficient and decentralized energy grid in many parts of the world.
*The growing cultural awareness and acceptance of climate change is accelerating the public's demand for clean energy, and ultimately, their government's investment into cleantech infrastructure projects.
*As Africa, Asia, and South America continue to develop over the next two decades, their populations’ increasing demand first world living conditions will spur demand for modern energy infrastructure that will keep energy sector building contracts going strong into the foreseeable future.
*Significant breakthroughs in Thorium and fusion energy will be made by the mid-2030s, leading to their rapid commercialization and global adoption.