Our portfolio of complementary infrastructure assets, along with $37 billion of secured growth projects and $11 billion in projects under development, are expected to support annual dividend growth of eight to 10 per cent in 2021 and five to seven per cent organic growth thereafter. We’re well positioned to navigate an ever-evolving energy and business environment and energy landscape. With continued expected growth in each of our business lines, we expect to continue to grow our business for decades to come, delivering growing returns to our investors.
Tech & innovation
In the last five years, TC Energy has invested more than $125 million in technology development, supporting an internal research program as well as joint partnerships — an investment that pays off across the board. Our innovation programs are globally recognized for advancing the safety and efficiency of our industry.
For instance, TC Energy has been recognized for its leadership in Electro Magnetic Acoustic Transducer (EMAT) inline inspection tool development and efforts to improve industry-wide safety and reliability through the American Society of Mechanical Engineers (ASME) Global Pipeline Award at the International Pipeline Conference (IPC) in Calgary in 2018.
In 2020, we were nominated for a Global Energy Award for the development of new defect assessment methodologies that improves upon current assessment methodologies resulting in improved corrosion management program to provide better failure prediction and improved integrity response.