In 2024, electricity generation at internal combustion turbine power plants in Canada is projected at 5.2019 million kW, marking a growth from 5.07 million kW in 2023. From 2024 to 2028, there's a consistent increase, reaching 5.425 million kW by 2028. Year-on-year growth remains modest, averaging around 1.06%, with a five-year compound annual growth rate of 0.87%.
Future trends to monitor include:
- Impacts of energy policy changes on fossil fuel use.
- Technological advancements improving efficiency.
- Integration of renewable energy sources.
- Potential environmental regulations affecting generation capacities.
