Forecast: Wind Electric Power Generation at Public Electric Utility in Canada

The forecasted data for Wind Electric Power Generation at Public Electric Utility in Canada shows a steady growth. In 2023, the actual value was 10.77 million kilowatts. From 2024 to 2028, the values are projected to increase consistently from 10.842 to 11.132 million kilowatts.

Year-on-year percentage variations:

  • 2024 to 2025: 0.69%
  • 2025 to 2026: 0.67%
  • 2026 to 2027: 0.66%
  • 2027 to 2028: 0.63%

The Compound Annual Growth Rate (CAGR) over the last 5 years (2023-2028) is approximately 0.66%.

Future trends to watch for include advancements in wind power technology, government policies favoring renewable energy, and potential investments in infrastructure that could further boost the capacity and efficiency of wind electricity generation in Canada.