Hydropower, a clean and renewable energy source, plays a significant role in Canada’s protection of its environment. Hydropower accounts for 60% (350TW·h per year) of Canada’s energy, making Canada the largest producer of hydropower on the planet. This is largely due to its natural resources and, more importantly, the energy strategy of the Canadian government.
Hydropower constitutes 150m USD of Canada’s economy, and recent additional investment in this industry may raise this figure to 200m USD. The initial investment generally costs 2,000-5000 CAD for the capacity to produce one kilowatt, and it costs .04–0.10 USD per kilowatt. However, the investment cost in remote areas could be as high as 6,000 CAD. With five major international producers entering into Canadian market during recent years, the investment cost of hydropower facilities is expected to be reduced to 1,000-4,000 CAD per kilowatt in 2015.
Click to read Energy Outlook Magazine's article Canada: Long History of Hydropower . (Chinese Only)
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