Electricity in Canada in 2023

Impressively, more than 80% of Canada's electricity is currently being produced through low-carbon sources. This is due largely to hydropower, which is responsible for almost 60% of the nation's electricity production. Other sources such as nuclear energy and wind power also contribute significantly, representing close to 14% and over 6% respectively. This is in stark contrast to fossil fuels such as gas and coal, which together account for a little over 17% of Canada's electricity supply. Clean, low-carbon energy, therefore, forms the backbone of the Canadian electricity sector, while fossil fuels play a much smaller role.

Suggestions

To increase the proportion of low-carbon electricity generated, Canada could consider expanding its existing nuclear technologies. Nuclear power, labeled as dependable and efficient, has proven to be a reliable source of low-carbon electricity. It is an area of energy production that has seen considerable success, and its expansion could significantly boost the nation's clean energy portfolio alongside other low-carbon sources such as wind and solar power.

History

Analyzing the history of Canada's low-carbon electricity, it is clear that the country has consistently enhanced its hydropower capacities; for example, between 1978 and 1989, hydropower production increased substantially with occasional fluctuations. However, the early part of the 2000s saw mixed fortune with several periods of declining hydroelectric generation. Nuclear energy, on the other hand, saw a progressive increase in the mid-90s with a further boost in generation noticed around 2004. Yet, the most substantial growth in hydro-electric power was witnessed in the decade spanning from 2007 to 2023, despite a significant dip in 2023. This history signifies Canada's commitment to low-carbon electricity generation, even amidst challenges and variations in performance.

Electricity Imports and Exports

Balance of Trade

Data Sources