Analyzing the Hydropower Industry in Canada
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Hydropower is the leading source of electricity in Canada, at more than 70% of overall generation. Due to the fact hydropower has some of the lowest life-cycle greenhouse gas emissions and produces no air pollution, it allows Canada to boast an electricity system that's among the cleanest and most renewable in the world. Canada is also the world's third-largest hydropower producer, with only China and Brazil generating more.
As new renewable energy options work toward sustained commercial viability, Canadian hydropower can provide a solid base on which success can be built. The top five hydropower producing provinces of Canada are Quebec, British Columbia, Manitoba, Ontario, and Newfoundland and Labrador. The hydropower sector of the country is mainly supported by financial incentives and policies introduced by the government.
Canada's hydropower market is also driven by its vast hydro potential as well as rising clean energy demand in the US. Canada exports 40 TWh of hydropower on average every year to the US. Hydro-Quebec, BC Hydro and Ontario Power Generation Inc. are the top players in the industry.
Aruvian Research analyzes the hydropower industry in Canada in its research offering Analyzing the Hydropower Industry in Canada. The report begins with an analysis of the global renewable energy industry. Following an introduction to the basics of hydropower, we analyze the global hydropower industry through industry statistics, power generated from hydropower worldwide, the global capacity of hydropower, industry value and the factors impacting the industry.
The hydropower industry in Canada is analyzed through an industry overview, power generated from hydropower, capacity of hydropower in the country, industry value, regulatory framework and industry competition.
An analysis of the major players in the Canadian hydropower industry completes this comprehensive research on the hydropower industry in Canada from Aruvian Research.