Key Market Indicators
Canadian Renewable Generation is poised for a significant increase, projected to reach 72 terawatt-hours by 2028. This marks a substantial rise from the approximately 59 terawatt-hours recorded in 2023. The sector is expected to grow at an annual compound growth rate of 3.1% over the next five years. Since 1981, Canada's renewable energy supply has seen a consistent year-on-year increase of 4.4%. This long-term upward trend underscores the country's commitment to expanding its renewable energy capabilities.