The forecast for conventional thermal electric power generation at public electric utilities in Canada from 2024 to 2028 shows a steady increase, with values projected from 449.55 thousand kilowatts in 2024 to 465.3 thousand kilowatts in 2028. Comparing this to 2023 indicates an upward trend in generation capacity. Year-over-year variations reflect incremental growth of around 0.9% annually.
Future trends to watch for include:
- Potential policy shifts towards renewable energy impacting thermal power growth.
- Technological advancements in thermal power efficiency.
- Fluctuations in demand driven by economic and population growth.
- Environmental regulations influencing operational practices.