TransCanada Corporation · Calgary, AB Canada ·(NYSE: TRP)(Toronto: TRP)
Company Description
Phone: +1-403-920-2000
Fax: +1-403-920-2200
Rankings
- #342 in FT Global 500
- TSX 60
View TransCanada Corporation Locations On A US Map
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This link will open in a new window TransCanada is getting back to the basics: gas transmission and power generation. Through TransCanada PipeLines and other subsidiaries, it owns and operates 36,500 miles of natural gas pipeline; its six pipelines link the Western Sedimentary Basin to markets in six Canadian provinces and 17 US states. The company also owns stakes in seven other pipelines in the US, Canada, and Mexico. TransCanada has 370 billion cu. ft. of natural gas storage assets. On the power side of its business portfolio it owns, operates, or controls 19 power plants in Canada and the US, with 10,800 MW of power generation capacity. To read the full description, subscribe now.
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TransCanada Corporation Executives
27 executives listed for TransCanada Corporation's Calgary, AB location.
| Title | Name & Bio | Contact |
| Chairman | S. Barry Jackson | Network |
| President, CEO, and Director | Harold Kvisle | Network |
| COO; President, Pipelines | Russell Girling | Network |
Competition
Competitive Landscape for TransCanada Corporation
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top TransCanada Corporation Competitors
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