Canada Power Q1 2020
Canada will register considerable growth in its non-hydropower renewables sector over our 10-year forecast period to2028, brought on by a combination of improving cost dynamics and declining coal and nuclear power capacity. Gas-fired power willalso expand notably over the coming decade, proving attractive to investors for its provision of baseload capacity, relatively highefficiency and availability of affordable feedstock for power production. However, low economic and demographic growth rates,coupled with an oversupply of electricity, will weigh on the government's impetus to incentivise investment in new large-scalecapacity over the coming decade.
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