Canada Renewables Report

Providing expert analysis, independent forecasts and competitive intelligence on the Renewables industry.

Report includes: BMI Industry View, Industry SWOT Analysis, BMI Industry Forecast, BM's Renewables Risk Reward Index, Market Overview, Business Environment Rankings and Competitive Landscape.

Why you should buy this report

  • Benchmark BMI's independent renewables industry forecasts to test other views
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the market
  • Get a full view of the competitive landscape to assess your market position.
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Canada Renewables Report
Product Price
$1,295.00
Renewables Headline Forecasts (Canada 2014-2020)
2014e 2015f 2016f 2017f 2018f 2019f 2020f
f = BMI forecast. Source: EIA, National Sources, BMI
Generation, Non-Hydropower Renewables, TWh 27.258 30.121 32.228 33.369 34.488 35.552 36.652
Generation, Non-Hydropower Renewables, % y-o-y 18.609 10.506 6.996 3.540 3.353 3.085 3.093
Capacity, Non-Hydroelectric Renewables, MW 13,280.9 15,088.8 16,194.1 16,919.0 17,642.7 18,338.2 19,044.3
Capacity, Non-Hydroelectric Renewables, % y-o-y 21.5 13.6 7.3 4.5 4.3 3.9 3.9

Latest Updates and Structural Trends

  • Non-Hydropower Renewables Capacity and Generation are expected to grow by 13.6% and 10.5% respectively in 2015, and by 7.3% and 7% respectively in 2016.

  • The new Canadian government is planning a Canada Energy Strategy to increase Canada's renewable energy share, as well as a Low Carbon Economy Trust to support emission reducing projects.

  • In November 2015, Alberta and Saskatchewan have announced ambitious renewables targets of 30% and 50% respectively by 2030.

  • In August 2015, the government of Nova Scotia announced the termination of its Comfit Feed-in-Tariff program. Its success directly led to its termination as the province' national grid continued to struggle to deal with fast growing wind power levels. The government hence considered the goal of the programme reached.

  • Pattern Energy Group and Samsung Renewable Energy announced in April 2015 that the 100-megawatt (MW) North Kent Windproject entered into a 20-year power purchase agreement. Construction on the wind farm is expected to commence at the end of 2016, with completion scheduled for end 2017.

  • The Canadian developer Atlantic Wind and Solar Inc announced the formation of a yieldco, Power 1 Inc, in May 2015, aimed at buying and holding its projects to provide a reliable yield from ongoing power sales.

BMI Industry View
5
SWOT
7
Industry Forecast
9
Canada Renewables Forecast Scenario
9
Table: Total Electricity Generation Data And Forecasts (Canada 2013-2018)
9
Table: Total Electricity Generation Data And Forecasts (Canada 2019-2024)
10
Table: Electricity Generating Capacity Data And Forecasts (Canada 2013-2018)
12
Table: Electricity Generating Capacity Data And Forecasts (Canada 2019-2024)
13
Table: Canada Geothermal Projects
23
Canada Renewables Projects Database
26
Table: Canada Renewable Projects
26
Industry Risk Reward Index
40
Canada Renewables Risk/Reward Index
40
Rewards
40
Risks
41
Market Overview
42
Sustainable Energy Policy and Infrastructure
42
Targets
42
Subsidies
44
Table: Renewable Feed-In Tariffs In Canada, 2010
45
Infrastructure
47
Competitive Landscape
49
Glossary
55
Table: Glossary Of Terms
55
Methodology
56
Methodology And Sources
56
Industry Forecast Methodology
56
Sources
58
Risk/Reward Index Methodology
58
Table: Renewables Risk/Reward Index Indicators
60
Table: Weighting Indicators
61

The Canada Renewables Report researched at source contains BMI Research's assessment of the current renewables market in Canada. The report also contains historical data together with forecasts to end-2018 covering electricity generation (TWh) and electricity capacity (MW).

The renewables sectors covered in the report include Wind, Solar, Geothermal, Tidal and Wave, and Biomass (See Table of Contents for exact coverage). The report also features details on government green energy agendas and funding opportunities, as well as presenting a detailed list of key renewables projects currently being planned or undertaken in Canada, their capacity, the timeframe of construction and their current status.

The report discusses the various energy policies currently in force, including targets, subsidies and the relevant infrastructure developments or limitations which might impact on renewables growth, analysing the potential effects of regulatory changes in conjunction with the background macroeconomic outlook. Finally, there is a general overview of the competitive landscape in Canada, together with a detailed summary of the main utilities and manufacturers present and their business operations.

BMI's Canada Renewables Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with unique independent forecasts and competitive intelligence on the Canada renewables industry.

Key Benefits

  • Benchmark BMI's independent renewables industry forecasts for Canada to test other views - a key input for successful budgeting and planning in the renewables market.
  • Target business opportunities and risks in the Canada renewables sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in the country.

Coverage

BMI Industry View

Summary of BMI's key industry forecasts, views and trend analysis covering the renewables market in Canada, regulatory changes, major investments and projects and significant multinational and national company developments.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the renewables sector and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series (2010-2012) and forecasts to end-2018 for electricity generation (TWh) and electricity generating capacity (MW) for each individual renewables sector present in the country.

These in turn are broken down into:

Electricity Generation: Overall capacity (TWh), growth % change year-on-year, KWh per capita, % of Total Non-Hydropower renewables generation, % of total electricity generation.

Electricity Capacity: Overall capacity (MW), growth % change year-on-year, % of non-hydroelectric renewables capacity and % of total capacity.

These forecasts are in turn supported by explicit assumptions, in conjunction with analysis of the key risks to the main forecast.

Business Environment Rankings

BMI's Renewables Business Environment Rankings provide fully comparable Risk-Reward Rankings aimed at investors in the regional renewables market.

The rankings methodology makes sophisticated use of various industry, economic and demographic data point.