Canada’s Energy Market

There is a renewed policy interest in using renewable energy as a way to decrease emissions of Green House Gases (GHGs) and other pollutants. Canada is a world leader in the production of renewable energy. In fact, hydro-electricity is the dominant source of electricity in Canada, representing nearly two-thirds of total generation. Canada has abundant water resources and a geography that provides many opportunities to produce low-cost energy. The largest producers are provincially owned electric utilities. They include Hydro-Quebec, BC Hydro, Ontario Power Generation Inc., Newfoundland and Labrador Hydro, and Manitoba Hydro. Hydro-Electricity production is projected to increase by about 14 percent until 2020. The need for reducing GHG emissions in Canada may lead to additional growth potential for hydro-electricity.

Quebec’s electricity production comes for the greatest part (97%) from hydroelectricity. Using FEV in Quebec will make it possible to reduce CO2 emissions by more than 3.8 tons per year per vehicle.