Electric Power Transmission in Canada
Industry performance is dependent on electricity prices within provinces, although the inelasticity of energy demand and the high degree of regulation insulate operators from significant revenue declines. Industry performance is also closely tied to demand from major industrial, residential and commercial markets. While residential market demand is somewhat inelastic, industrial and commercial output and demand are much more variable, so performance in these sectors is important for industry revenue. Over the five years to 2018 prices have been fairly stable but demand growth has been minimal, primarily due to flagging performance in the industrial sector between 2014 and 2015. Overall, revenue is forecast to increase. The industry is anticipated to experience similar trends over the five years to 2023. During the five-year period, the industry will benefit from improving industrial and commercial output in particular, although an increasing focus on energy efficiency will constrain growth in consumption.
This industry transmits and distributes electric power to other utilities and final consumers. This industry does not generate electricity.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.