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
Renewables Headline Forecasts (Canada 2015-2021)
2015e 2016f 2017f 2018f 2019f 2020f 2021f
e/f = BMI estimate/forecast. Source: National sources, BMI
Generation, Non-Hydropower Renewables, TWh 30.520 32.560 34.140 35.480 36.410 37.250 37.920
Generation, Non-Hydropower Renewables, % y-o-y 11.730 6.680 4.840 3.930 2.620 2.310 1.800
Capacity, Non-Hydroelectric Renewables, MW 15,387.6 16,704.0 17,667.3 18,449.6 18,981.2 19,449.3 19,825.1
Capacity, Non-Hydroelectric Renewables, % y-o-y 15.4 8.6 5.8 4.4 2.9 2.5 1.9

Latest Updates and Structural Trends

  • Non-Hydropower Renewables Capacity and Generation are expected to grow by 8.56% and 6.68% respectively in 2016, with continuous slowing growth expected in our long-term forecasts.

  • The government of Ontario's request for qualification process of the second phase of the province's Large Renewable Procurement programme received 59 submissions by the deadline on September 8, 2016, which are currently being evaluated.

  • In November 2015, Alberta and Saskatchewan have announced ambitious renewables targets of 30% and 50% respectively by 2030, as well as a comprehensive coal power retirement. Alberta's first renewable auction is likely to take place before end-2016. In June 2016, Quebec announced its 2030 Energy Policy that aims to eliminate thermal coal, and increase renewables energy output by 25% and improve efficiency by 15%.

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

BMI Industry View
Table: Renewables Headline Forecasts (Canada 2015-2021)
Industry Forecast
Canada Renewables Forecast Scenario
Latest Updates
Structural Trends
Table: Total Electricity Generation Data And Forecasts (Canada 2014-2019)
Table: Total Electricity Generation Data And Forecasts (Canada 2020-2025)
Table: Electricity Generating Capacity Data And Forecasts (Canada 2014-2019)
Table: Electricity Generating Capacity Data And Forecasts (Canada 2020-2025)
Canada Renewables Projects Database
Table: Canada Top 10 Non-Hydro Renewables Projects, by Capacity (MW)
Renewables Risk/Reward Index
Canada Renewables Risk/Reward Index
Market Overview
Sustainable Energy Policy and Infrastructure
Table: Provincial Targets and Instruments, Emissions and Renewable Energy
Table: Renewable Feed-In Tariffs In Canada, 2010
Competitive Landscape
Table: Glossary Of Terms
Methodology And Sources
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Renewables Risk/Reward Index Indicators
Table: Weighting Indicators

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.


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.