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National Energy Board
Market Snapshot: Canada's electricity exports rise to record levels in 2016, but revenue declines



June 29, 2017

Canadian electricity export volumes increased 7% to reach a record-high 73 terawatt-hours (TW.h) in 2016. Quebec remained Canada's largest electricity exporter, followed by Ontario, British Columbia (B.C.), and Manitoba, respectively. In 2016, these four provinces accounted for 95% of total Canadian exports, all of which go to the United States (U.S.). The primary markets for Canadian exports remained the same: New York, California, Vermont, Minnesota, North Dakota, Michigan, and Maine.

Revenue from electricity exports dropped 6% in 2016 after reaching a seven-year high in 2015. This was mainly because of lower U.S. wholesale prices in destination markets. In 2016, Canada earned around $40 per megawatt hour (MW.h) for its exports compared to $46/MW.h in 2015. With the exception of 2014, Canadian electricity export volumes have been increasing steadily since 2010.

Click here to read the full press release.

Contact
Marc Drolet
marc.drolet@neb-one.gc.ca

For more information:

Organization:
Government of Canada
www.canada.gc.ca


Link http://electricenergyonline.com/detail_news.php?ID=646075
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