Energy & Power Sector

From an energy perspective, Canada is very fortunate.

We have a large land mass, small population and one of the largest and most diverse supplies of energy in the world. Our rivers discharge close to 7% of the world’s renewable water – a tremendous source of hydroelectric power.

Canada is at the forefront of innovative technologies for how we produce and use energy. For example, low- or non-emitting forms of energy are growing in significance as part of our evolving electricity mix. In fact, wind and solar photovoltaic (PV) energy are the fastest-growing sources of electricity generation in Canada. In addition, technological advancements, such as co-generation, have resulted in an increase in energy-efficient practices and a reduction in greenhouse gas (GHG) emissions in areas such as the oil sands. Ongoing developments in areas such as grid-scale electricity storage, carbon capture and storage, hydrogen, and electric and alternative fuel vehicles have the potential to further transform the energy system.