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The Regional Energy Challenge
for ACEC/NHDOT
April 7, 2016
Usource
Overview
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Delivering energy procurement and cost management solutions
► 1,200 clients in 18 states
► 4 billion kWh under management
(equivalent to 370,000 homes)
► 12 Bcf gas under management
(equivalent to 120,000 homes)
► 90% client retention rate
► Subsidiary of Unitil Corporation
(NYSE: UTL), a $500M publiclytraded energy company
Electric and gas clients
Gas only clients
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What’s all the Fuss About?
Source: State of the Grid 2016,
Gordon van Welie, CEO ISO-NE
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Why Should I Care?
Source: Union Leader, March 17, 2016
Source: Union Leader, January 10, 2016
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How Bad
Can
It Really
 Dramatically increased
reliance on natural gas in
region has created new,
higher market demands
 Minimal pipeline capacity
limits business’ ability to
benefit from lower
commodity prices
 Pipeline space is priced
at a premium and all
non-interruptible
service is spoken for
New Hampshire
$30.02/Dth
Peak day price 2015
New York
$3.83/Dth
Peak day price 2015
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Natural Gas Projects:
Under Construction or Proposed
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PNGTS Continent to Coast (C2C)
Continent to Coast (C2C)
► No-build capacity
► 100,000 Dekatherms of gas daily
► 2017 Completion
Capacity Offer
► Last no-build capacity
► 100,000 Dekatherms of gas daily
► 2018 Completion
Incremental Capacity
► Require looping & compression
► 500,000 Dekatherms of gas daily
► Scalable Increments: 2018/2019
Completion
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Spectra Energy: Three Projects
Algonquin Incremental Market
► Capacity for thermal load
► 342,000 Dekatherms of gas daily
► Nov 2016 Completion
Atlantic Bridge
► Additional capacity on
Maritimes & Northeast Pipeline
► 132,000 Dekatherms of gas daily
► Nov 2017 Completion
Access Northeast
► Capacity for electric generation
► 925,000 Dekatherms of gas daily
► Late 2018 Completion
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Kinder Morgan
Northeast Energy Direct
► Capacity for thermal and electric generation requirements
► Supply path scalable to 1.2 Bcf per day, market path scalable to 1.3 Bcf per day
► Late 2018 Completion
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Natural Gas:
Serving the Off-Pipeline Market
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CNG: For Off-Pipeline Facilities…
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…And For Fleets
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Electric Transmission Projects
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Transmission Projects: VT, NH & ME
New England Clean Power Link
►1,000 MW HVDC
transmission line
►Hydro Power from Canada
►2019 in-service
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Northern Pass
►1,090 MW
►Hydro power from
Canada
►2018 in-service
The Northeast Energy Link
►1,100 MW HVDC
►Renewable energy from
Maine and Canada
►2018 in-service
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Stay Informed
www.UsourceEnergy.com
LinkedIn: Usource
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