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Market
Update –
Canada Utility
sector – April
2017
By: PaulYoung, CPA, CGA
Date: April 27, 2017
Agenda
• Power Generation – Stats
• Power Generation – average per month by fuel source
• Hydro Rates / Ontario
• CleanTechnology losses
Canada Energy Production by Source and Month
Source - http://www.iea.org
OPG
• Ontario Power Generation [OPG] plans to fill a predicted supply gap
in the 2030s with new nuclear capacity and the utility is
collaborating with Saskatchewan on the potential for a Pan-
Canadian fleet of Small Modular Reactors, Nicolle Butcher, OPG's
Vice President of Strategy & Acquisitions, said.
Nuclear Energy Inside – April 19, 2017
Hydro Rates
• Source - http://www.cbc.ca/news/canada/windsor/hydro-rates-
ontario-outrage-1.3943972
Source – CBC – January 22, 2017
Hydro Rates / Canada comparison
• Source - http://www.ctvnews.ca/video?clipId=542218
NB exploring new hydro project
Source - http://www.hydroworld.com/articles/2017/04/nb-power-will-explore-potential-100-mw-
hydropower-facility-in-canada.html
NB Power has begun environmental and geotechnical studies, and site testing to
explore the potential for a new 100-MW generating station in Grand Falls beside its
existing 66-MW Grand Falls hydropower project on Saint John River in New
Brunswick, Canada, according to a company press release.
The cost of the proposed project is not immediately available and no timetable was
given for the potential project’s completion.The company did say combined
renewable generation capacity of the proposed and existing stations would be 166
MW and the project would require construction of various new structures,
including a second tunnel.
CleanTechnology Struggles
Source - https://www.bnn.ca/awash-in-red-ink-canadian-clean-tech-struggling-despite-ottawa-
s-green-goals-1.729679
Canadian clean technology companies are struggling to stay afloat and falling
behind global peers even as Ottawa promises to boost the sector and move the
country toward a low carbon future, a report released onThursday showed.
Analytica Advisors said in its seventh annual report that despite years of publicly
funded support for research and development, losses for clean tech companies
widened to $3.56 billion in 2015 from $3.18 billion in 2014, and shareholder returns
limped in below the Canadian average. Figures for 2016 are not yet available.
Businesses have to be viable without government moneys!

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Market Update - Canada Utility Sector - Power Generation - April 2017

  • 1. Market Update – Canada Utility sector – April 2017 By: PaulYoung, CPA, CGA Date: April 27, 2017
  • 2. Agenda • Power Generation – Stats • Power Generation – average per month by fuel source • Hydro Rates / Ontario • CleanTechnology losses
  • 3. Canada Energy Production by Source and Month Source - http://www.iea.org
  • 4. OPG • Ontario Power Generation [OPG] plans to fill a predicted supply gap in the 2030s with new nuclear capacity and the utility is collaborating with Saskatchewan on the potential for a Pan- Canadian fleet of Small Modular Reactors, Nicolle Butcher, OPG's Vice President of Strategy & Acquisitions, said. Nuclear Energy Inside – April 19, 2017
  • 5. Hydro Rates • Source - http://www.cbc.ca/news/canada/windsor/hydro-rates- ontario-outrage-1.3943972 Source – CBC – January 22, 2017
  • 6. Hydro Rates / Canada comparison • Source - http://www.ctvnews.ca/video?clipId=542218
  • 7. NB exploring new hydro project Source - http://www.hydroworld.com/articles/2017/04/nb-power-will-explore-potential-100-mw- hydropower-facility-in-canada.html NB Power has begun environmental and geotechnical studies, and site testing to explore the potential for a new 100-MW generating station in Grand Falls beside its existing 66-MW Grand Falls hydropower project on Saint John River in New Brunswick, Canada, according to a company press release. The cost of the proposed project is not immediately available and no timetable was given for the potential project’s completion.The company did say combined renewable generation capacity of the proposed and existing stations would be 166 MW and the project would require construction of various new structures, including a second tunnel.
  • 8. CleanTechnology Struggles Source - https://www.bnn.ca/awash-in-red-ink-canadian-clean-tech-struggling-despite-ottawa- s-green-goals-1.729679 Canadian clean technology companies are struggling to stay afloat and falling behind global peers even as Ottawa promises to boost the sector and move the country toward a low carbon future, a report released onThursday showed. Analytica Advisors said in its seventh annual report that despite years of publicly funded support for research and development, losses for clean tech companies widened to $3.56 billion in 2015 from $3.18 billion in 2014, and shareholder returns limped in below the Canadian average. Figures for 2016 are not yet available. Businesses have to be viable without government moneys!

Editor's Notes

  1. http://analysis.nuclearenergyinsider.com/ontario-eyes-pan-canadian-smr-fleet-fill-2030s-supply-gap