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Overview
TransCanada Energy (now known as TC Energy) is a Canadian energy company that operates in natural gas, crude oil, and electricity industries. The company was founded in 1951 as TransCanada PipeLines Limited and is headquartered in Calgary, Alberta, Canada. The company owns and operates a network of natural gas pipelines that extends over 92,100 km (57,200 miles) and transports more than 25% of the natural gas consumed in North America. They also have interests in several natural gas storage facilities and power generation facilities across Canada and the United States. In addition to natural gas pipelines, TransCanada Energy has expanded its operations to include crude oil pipelines, including the Keystone Pipeline System, which transports oil from Alberta to refineries in the United States. TC Energy also has a growing presence in the electricity sector, with interests in several power generation facilities in Canada and the United States. These facilities include natural gas-fired, nuclear, and hydroelectric plants. One of TC Energy's major projects is the Keystone XL Pipeline, a proposed 1,897 km (1,179 mi) crude oil pipeline that would transport oil from Alberta to Nebraska. The project has been met with controversy and faced numerous legal challenges and regulatory hurdles. The company is committed to sustainability and has set a goal to reach net-zero emissions by 2050. They have also invested in renewable energy projects, including wind, solar, and hydroelectric facilities. TC Energy is a publicly-traded company listed on both the New York Stock Exchange and the Toronto Stock Exchange under the ticker symbol TRP. They have operations in North America, South America, and Europe.
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