According to GlobalData, hydropower accounted for 54% of Canada’s total installed power generation capacity and 60% of total power generation in 2021. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Canada Hydropower Analysis: Market Outlook to 2035 report. Buy the report here.
Overall, Canada’s hydropower generation capacity grew by a CAGR of 0.71% from 2010 to 2021, to reach 81,138MW, and generation grew by a CAGR of 0.76% to reach 363,609GWh in 2021.
Installed capacity is forecast to increase by 3,426MW from 2022 to 2035, at which point hydropower is expected to account for 45% of total installed generation capacity. Large hydropower capacity rose from 71,070MW in 2010 to 76,493MW in 2021 at a CAGR of 0.67%. It is expected that large hydropower will reach 79,698MW by 2035, growing at a CAGR of 0.29% during 2021-2035. Pumped hydropower is expected to remain constant at 174MW during 2021-2035. Small hydropower capacity is expected to be 4,693MW by the end of 2035.
For more detailed analysis of the hydropower sector in Canada, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Power Intelligence Center provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide, while its capacity and generation database provides historic and forecast power generation and generation capacity by technology as well as consumption, imports and exports for over 170 countries.
