Press Release

Canada Appetite for Renewable Energy to Drive Wind Power Installation Capacity

 Favourable economic and operating environment to result in phenomenal growth of wind power installations in Canada.

According to the research report “Canada Wind Power Market Opportunities 2016” by TechSci Research, The wind power installation in Canada has been experiencing exponential growth in recent years due to favourable economic and operating environment. The cumulative installed capacity of wind power in Canada surpassed 4 GW by the end of 2010 as compared to a capacity of around 1.8 GW in 2007.

The report further says that Canada is expected to lead the wind power market in coming years, driven by the government appetite for renewable energy. Canadian government commitment to thrive for energy from renewable sources will result in the desired thrust towards the future growth of wind power market in the coming years. Driven by rising level of investment and government support, the cumulative installed capacity of wind power is expected to grow five folds by 2016. It was estimated that new wind farm developments in 2009 represented more than C$2.2 billion in investment.

“Canada Wind Power Market Opportunities 2016” gives an unprejudiced overview on the Canadian wind power market like installation capacity by region and province, wind power capacity utilization, wind power resources and potential, wind power equipment market, current and anticipated future scenario of offshore wind power, regulatory landscape, tariff structure and competitive landscape. It will help readers get familiar with current and expected future trends with respect to the Canadian Wind power market.

For report and research related queries please contact us at info@techsciresearch.com or visit www.techsciresearch.com

 

Relevant Reports

Canada Wind Power Market Opportunities 2016

Power | Feb, 2011

Wind power installations in Canada have been experiencing exponential growth in recent years due to the favourable economic and operating environment in that country. The cumulative wind power installed capacity in Canada surpassed 4 GW by the end of 2010 as compared to around 1.8 GW in 2007. Canada added more than 960 MW of new wind power installed capacity in 2009, thereby accounting for almost one-third of global new capacity additions in 2009. Canada is emerging as the 8th largest wind power market in the world.

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