Key Market Indicators
Canadian wind power consumption is projected to hit 0.44 exajoules by 2028, rising from its current level of 0.37 exajoules in 2023. This marks an average annual growth rate of approximately 3%. Since 1997, the demand for wind energy in Canada has consistently expanded at an average rate of 2.9% per year. The steady increase underscores the nation's commitment to renewable energy sources and its efforts to reduce greenhouse gas emissions. As Canada continues to invest in wind energy infrastructure, the sector is expected to play an increasingly vital role in the country's energy landscape over the next five years.
