Canada’s electricity sector is a powerhouse of clean energy, with over 80% of its electricity generated from renewable sources. As one of the world’s top producers of clean electricity, Canada is increasingly focusing on expanding wind, solar, and energy storage while modernizing its grid infrastructure. With robust government support for clean energy initiatives and growing demand for decarbonization, Canada’s electricity sector offers significant opportunities for innovation in sustainable technologies such as grid modernization, smart technologies, and energy efficiency. 

As Canada aims to meet ambitious emissions reduction targets, clean technology providers have a unique opportunity to shape the future of one of the world’s cleanest electricity markets. The electricity sector is also a critical pillar of Canada’s energy system, playing a central role in Canada’s decarbonization strategy by driving emissions reductions across key sectors such as buildings, industry, and transportation. Technology providers can contribute to the development and deployment of innovative solutions that will support Canada’s low-carbon future.

Electricity represents:

• 47 million tonnes CO2 equivalent emitted in 2022, accounting for 6.7% of total national emissions.
• In 2022, 82% of Canada’s electricity came from non-GHG emitting sources.
• Between 2000 and 2022, emissions from electricity production fell by 63%, largely due to Ontario’s coal phase-out.
• Significant industrial water use: Thermal-electric power producers account for 83.7% of Canada’s total industrial water intake.
• Significant GDP: Electricity generation, transmission, and distribution contribute 1.9% to Canada’s nominal GDP, the second largest contribution from the energy sector.