Canada’s Energy Future 2016: Province and Territory Outlooks
The National Energy Board (NEB or Board) periodically publishes assessments of Canadian energy supply, demand, and markets in support of its ongoing market monitoring. These assessments address various aspects of energy markets in Canada, and provide Canadians with an accurate and reliable source of energy information. This report, Canada’s Energy Future 2016: Province and Territory Outlooks is one such assessment that discusses the regional dynamics in the Board’s latest long-term energy supply and demand outlook, Canada’s Energy Future 2016: Energy Supply and Demand Projections to 2040.
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About the NEB
The NEB is an independent federal, quasi-judicial regulator established in 1959 to promote safety and security, environmental protection, and economic efficiency in the Canadian public interest within the mandate set by Parliament for the regulation of pipelines, energy development, and trade.
The Board’s main responsibilities include regulating: the construction, operation, and abandonment of pipelines that cross international borders or provincial/territorial boundaries, as well as the associated pipeline tolls and tariffs; the construction and operation of international power lines and designated interprovincial power lines; and imports of natural gas and exports of crude oil, natural gas, oil, natural gas liquids, refined petroleum products, and electricity.
Additionally, in specified areas, the Board has regulatory responsibilities for oil and gas exploration and production activities under the National Energy Board Act , Canada Oil and Gas Operations Act , the Canada Petroleum Resources Act , and the North West Territories’ Oil and Gas Operations Act and Petroleum Resources Act. For oil and natural gas exports, the Board’s role is to evaluate whether the oil and natural gas proposed to be exported is surplus to reasonably foreseeable Canadian requirements, having regard to the trends in the discovery of oil or gas in Canada. The Board monitors energy markets, and assesses Canadian energy requirements and trends of oil and natural gas discovery to support its responsibilities under Part VI of the NEB Act.
This report does not provide an indication about whether any application will be approved or not. The Board will decide on specific applications based on the material in evidence before it at that time. If a party wishes to rely on material from this report in any regulatory proceeding before the NEB, it may submit the material, just as it may submit any public document. Under these circumstances, the submitting party in effect adopts the material and that party could be required to answer questions pertaining to the material.
Contributors to this report include: Matthew Hansen, Chris Doleman, Michael Nadew (project management, energy use, electricity), Bryce van Sluys (drivers, macroeconomics, and LNG Cases), Ken Newel (energy use), Peter Budgell and Bill Wall (crude oil), Natalia Lis (electricity), Melanie Stogran and Connor McDonald (natural gas and LNG cases), Jesus Rios and Ryan Creighton (NGLs), Darcy Johnson (constrained case), Christina Iniguez (refinery balances), Amanda McCoy (document production).
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