Our Business
Marketing and Trading
Clients choose Emera Energy for our breadth and depth of experience in the marketing and trading of physical & financial assets, primarily in the natural gas and power markets. At Emera Energy, it’s all about getting value for clients’ gas and power assets, and providing services to meet their needs.
From our state-of-the art trading floor, a team of specialized commodity marketers and traders work to provide tailored solutions to clients across northeastern North America. Being located on the East coast of Canada gives Emera Energy and our clients a unique time zone advantage when it comes to assessing daily market conditions.
Seasoned energy professionals consistently provide thoughtful and insightful recommendations to assist clients in managing their short and long-term energy requirements. We offer clients a full slate of services including:
- Fixed and floating priced options to meet changing energy requirements;
- Access to a variety of gas and power markets to provide pricing options and flexibility;
- Commodity price and risk management;
- Supply procurement and contract negotiations;
- Real-time snapshots of their assets, any time;
- Financial derivatives and swaps to hedge or fix energy prices
Emera Energy is a licensed market participant in seven power pools and is a FERC/NEB licensed gas marketer, currently active on fourteen natural gas pipelines. Click here to view where we operate. (LINK)
Emera Energy is active in the following Power Markets:
- Independent System Operator (ISO) New England
- Ontario Independent System Operator (IESO)
- New York ISO
- PJM
- New Brunswick
- Nova Scotia
- Quebec
Emera Energy is active on the following natural gas pipelines:
- Algonquin
- Maritimes Northeast US
- Maritimes Canada
- Portland
- Tennessee Gas Pipeline
- TransCanada
- Columbia
- Empire
- Union
- Vector US
- Vector Canada
- Iroquois
- Millennium
- Sable
View a map of where we operate.
Marcellus Shale
Emera Energy provides Marcellus gas producers with solutions that can help move their gas to premium markets in Canada and the US. Using our gas commodity and transportation expertise, we create value for producers in the short term and daily markets as well as making long-term transportation and supply commitments. Emera Energy is an Associate Member of the Marcellus Shale Coalition and actively involved in a number of committees to help producers move and sell their gas.
Emera Energy is currently working with several Marcellus producers to provide gas and transportation services ranging in quantity from 10,000 dth/d to 50,000 dth/d and contract terms ranging from one to ten years.
Asset Management
Emera Energy has in-depth expertise in the commercial management of electricity generating assets. We offer knowledge and experience of natural gas and power markets throughout Atlantic Canada, Eastern Canada and the US Northeast combined with a unique ability to balance our understanding of market conditions with operating flexibility that has translated into positive returns for our clients time and time again.
Emera Energy is able to offer a broad range of services to help clients better manage energy expenses and improve their bottom lines. Our full range of asset management services includes:
- Management of natural gas infrastructure and supply arrangements
- Daily commodity forecasting, purchasing and scheduling of natural gas
- Energy scheduling services, including price and load forecasts along with associated transmission scheduling
- Financial hedging services
- Daily and forward energy market synopsis
- Counterparty settlements management
- Credit management
- Budgeting, profit and loss reporting and forecasting support
- Market modeling and support
For more information on how Emera Energy can help optimize your generation assets, contact Power Origination.
Investing in Assets
Emera Energy is building a portfolio of generation assets to complement our business focus on third party services as well as marketing and trading.
In July 2009 Emera Energy purchased Bayside Power; a 260 megawatt gas-fired combined cycle power plant located in Saint John, New Brunswick. The Bayside plant provides energy to the parts of the Maritimes and New England and compliments Emera’s operations in the Atlantic Canada including, electricity generation, transmission, distribution, natural gas transmission and natural gas marketing. Bayside is the highest quality thermal unit in the region providing the market with reliability and flexibility in its operations along with low emissions.
Bear Swamp is a 600 megawatt pumped storage hydroelectric generating facility on the Deerfield River in Northern Massachusetts. It has a dam storage capacity of 5 hours, providing total daily capacity of approximately 3,000 MWh. Emera owns Bear Swamp in a 50/50 joint venture with Brookfield Power.
Visit New Developments to see what Emera Energy is working on next.