As the country ratifies the Paris agreement to curb climate-warming emissions, two days after Prime Minister Justin Trudeau’s decision to introduce a carbon tax in 2018, the National Energy Board reports a clear increase in renewable energy capacities since 2005.
In its report, “Canada’s Renewable Power Landscape – Energy Market Analysis 2016”, the National Energy Board (NEB) has observed a remarkable rise in non-hydro renewable power over the last ten years. Combined wind, solar and biomass capacity of represented 11% of Canada’s overall capacity in 2015, compared to 2% in 2005. Hydroelectricity continues to perform strongly, with 55% of total installed capacity. Four provinces and one territory – British Columbia, Manitoba, Quebec, Newfoundland and Labrador, and Yukon – currently produce more than 85% of their energy from hydroelectricity.
“Canada’s wind and solar power capacity has increased dramatically in the past decade, due to the support of various policies and programs. The country now ranks second in the world* in hydropower generation and fourth in the world** in renewable generation” , comments Shelley Milutinovic, chief economist for the NEB. Meanwhile, annual greenhouse gas emissions from electricity generation fell by 40% from 2000 to 2014, mainly due to the phasing out of coal-fired power plants in Ontario along with a number of initiatives in Nova Scotia and New Brunswick.
With around 900 employees and a 680 MW portfolio of renewable energy in wind and solar, ENGIE is one of Canada’s largest energy companies. ENGIE is one of the leading players in wind energy, with three wind farms (Norway Wind Park, Prince Edward Island, Caribou Wind Park, New Brunswick and Cape Scott, British Columbia). Solar energy is also a key part of the Group’s development strategy in Canada, particularly through the Brockville Solar and Beckwith Solar plants in Ontario. In addition, ENGIE directs a natural gas cogeneration plant in West Windsor, Ontario, and manages two underground storage facilities for natural gas in Quebec.
* After China.
** After China, the United States and Brazil.