What is the market opportunity for wind, solar and storage in Canada?
Today, Canada ranks 9th globally for installed wind energy capacity, 20th for installed battery energy storage capacity, and 24th for installed solar energy capacity. Surging electricity demand, increasing cost competitiveness and enabling policy frameworks are now positioning Canada’s wind, solar and storage markets for rapid expansion.
Canada’s Renewable Energy Market Outlook: Wind. Solar. Storage, produced by the Canadian Renewable Energy Association (CanREA) and Dunsky Energy + Climate Advisors, offers electricity sector stakeholders robust and data-driven intelligence and insights that quantify opportunities across key Canadian markets.
The Executive Summary is available now to download, free of charge.
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What’s inside
Canada’s Renewable Energy Market Outlook provides a comprehensive outlook for the wind, solar and storage markets in Canada, including the national profile as well as deep dives into five markets (British Columbia, Alberta, Ontario, Quebec and Atlantic Canada), focused on the following:
- State of the market: Latest updates on deployment, policy development and provincial procurements
- Cost outlook: Price forecasts and analysis of the future costs for wind, solar and energy storage, including CAPEX, OPEX, LCOE and PPA pricing.
- Market outlook: Projected deployments of wind, solar and storage in Canada, including installed capacity (GW) and energy generation (TWh)
- Impacts: Assessment of the broader economic, environmental and social impacts associated with the projected deployment
Who should read this report?
Canada’s Renewable Energy Market Outlook 2025 will be a key resource for stakeholders across the electricity sector, including renewable energy developers, owners and operators, as well as utilities and governments.
The full report, Canada’s Renewable Energy Market Outlook 2025: Wind. Solar. Storage. is now available for purchase.
The cost of $6,499 includes:
- The full report
- Appendix A: Detailed results and benchmarking
- Appendix B: Modeling methodology and references
- Sub-licenses for up to 10 individuals at your company or organization
- Discount for CanREA members: As an exclusive member benefit, CanREA members receive access to the full report for only $4,399. Not yet a member? Learn more about membership here.
Up to 10 additional licensees can be added by contacting members@renewablesasssociation.ca.