Canada energy report

• The federal government announced a new reduction target of GHG emissions between 40 and 45% by 2030 (from 2005 levels) and a zero net emission ambition in 2050.
• Most power production comes from state-owned companies.
• Gas production is dominated by 3 companies (Encana, CNR, and Repsol), while Enbridge is the largest distributor of gas.
• Non-conventional oil provides around 60% of total oil production.
• Canada is the fifth largest natural gas producer in the world.
• CO₂ free energy sources add up to 83% of the power mix, with a dominant share of hydro (60% in 2020).
• Motor fuel prices have increased in 2021. Energy prices are much lower than in Europe, but generally higher than in the US.
• Total energy consumption dropped drastically in 2020 due to the pandemic (-6%). Three quarters of energy consumption comes from fossil fuels.
• Demand for coal will decrease drastically by 2030 with the coal power phase out. Wind and solar together will represent 23% of the power generation.

• Institutions & Energy Policy

  Natural Resources Canada (NRCan) is the ministry in charge of the development of federal energy policy.

• Energy Supply

  Gas:

  Canada is the fifth largest natural gas producer in the world (after the United States, Russia, Iran, and China); production increased by 1.3%/year on average between 2013 and 2019, but dropped by 2% in 2020, to 172 bcm. The production mainly comes from Alberta (70% of the total production).

• Energy Prices

  Gas:

  The price of gas for the industrial sector is stable, reaching US$1.09c/kWh. However, the price for the residential sector (2020) dropped to US$2.01c/kWh. The price of natural gas is much lower than in the US (US$1.91c/kWh for households and US$3.3c/kWh for industry) and 3 to 4 times lower than in the EU.

  Graph: : GAS PRICES FOR INDUSTRY AND HOUSEHOLDS (US$c/kWh GCV)

• Energy Consumption

  At 7.6 toe, Canada's per capita energy consumption is among the highest in the world and almost triple the average EU level. Electricity consumption per capita is around 14 700 kWh.

  Total energy consumption increased slightly between 2010 and 2019 (1.3%/year on average at normal climate until 2019). It dropped by 6.2% in 2020 with the covid-19 pandemic to 287 Mtoe.

• Issues & Prospects

  CER released its long-term energy outlook for 2050, Canada's Energy Future Report 2020 (EF2020). Total primary energy demand drops progressively because of the reduction in the use of fossil fuels. Coal's share shrinks substantially, driven by the decline in coal-fired power generation. Electrification of transport and energy efficiency improvements contribute to the fall in oil demand.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Canada energy market report graphs:

• GRAPH 1 : CO₂-energy emissions (MtCO₂) 12
• GRAPH 2 : Installed electric capacity by source (2020, %) 19
• GRAPH 3 : Gross power production by source (TWh) 19
• GRAPH 4 : Power generation by source (2020, %) 20
• GRAPH 5 : Gasoline & diesel prices (US$/l) 22
• GRAPH 6 : Electricity prices for industry and households (US$c/kWh) 23
• GRAPH 7 : Gas prices for industry and households (US$c/kWh GCV) 24
• GRAPH 8 : Consumption trends by energy source (Mtoe) 25
• GRAPH 9 : Total consumption market share by energy (2020, %) 26
• GRAPH 10 : Final consumption market share by sector (2020, %) 26
• GRAPH 11 : Oil consumption (Mt) 27
• GRAPH 12 : Petroleum products consumption breakdown by sector (2020, %) 27
• GRAPH 13 : Electricity consumption (TWh) 28
• GRAPH 14 : Electricity consumption breakdown by sector (2020, %) 28
• GRAPH 15 : Natural gas consumption (bcm) 29
• GRAPH 16 : Gas consumption breakdown by sector (2020, %) 29
• GRAPH 17 : Coal consumption (Mt) 30
• GRAPH 18 : Coal consumption breakdown by sector (2020, %) 30

In the Canada energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, gas plant projects by status and operator and LNG contracts.

The Canada country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.

Data included in the excelsheet:

• Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
• Power: Electricity generation & capacities, by technology.
• CO₂: Total CO₂ emissions.
• Macro-economy: Main macro-economic assumptions.
• Key indicators: Energy intensity, share of renewables, CO₂ emissions per capita and per unit of GDP.