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Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Summary of Contractual Commitments
millions of dollars
2024
2025
2026
2027
2028
Thereafter
Total
Transportation
(1)
$
 
696
$
 
495
$
 
405
$
 
388
$
 
338
$
 
2,597
$
 
4,919
Purchased power
(2)
 
274
 
249
 
263
 
312
 
312
 
3,435
 
4,845
Fuel, gas supply and storage
 
556
 
215
 
62
-
 
 
5
-
 
 
838
Capital projects
 
778
 
111
 
70
 
1
-
 
-
 
 
960
Equity investment commitments
(3)
 
240
-
 
-
 
-
 
-
 
-
 
 
240
Other
 
154
 
147
 
56
 
46
 
35
 
221
 
659
$
 
2,698
$
 
1,217
$
 
856
$
 
747
$
 
690
$
 
6,253
$
 
12,461
(1) Purchasing commitments for transportation of fuel and transportation capacity on various pipelines.
 
Includes a commitment of
$
134
 
million related to a gas transportation contract between PGS and SeaCoast through 2040.
(2) Annual requirement to purchase electricity production from IPPs or other utilities over varying contract lengths.
(3) Emera has a commitment to make equity contributions to the LIL related to an investment true up in 2024 and sustaining
 
capital
contributions over the life of the partnership.
 
The commercial agreements between Emera and Nalcor require true ups to finalize the
respective investment obligations of the parties in relation the Maritime Link and LIL which is expected to be approximately
 
$
240
million in 2024. In addition, Emera has future commitments to provide sustaining capital to the LIL for routine capital and major
maintenance.