The forecasted values for conventional thermal electric power generation in Canada show a consistent upward trend from 2024 to 2028, starting at 9.5504 Million Kilowatts in 2024 and reaching 10.374 Million Kilowatts by 2028. These represent year-on-year increases of approximately 2.22% from 2024 to 2025, 2.13% from 2025 to 2026, 2.04% from 2026 to 2027, and 1.97% from 2027 to 2028. The CAGR from 2024 to 2028 is anticipated to be around 2.09%.

Future trends to watch for include:

Potential impact of renewable energy policies on conventional thermal generation.
Technological advancements that could improve efficiency or reduce the carbon footprint of thermal power plants.
Market dynamics, such as changes in fuel prices and supply chain disruptions.