Renewable energy growing in Canada but solar installations lagging behind
OTTAWA — Although the cost to build solar power has plummeted over the last decade, a new report suggests Canadians aren’t rushing use the sun to make electricity.
The National Energy Board today released its annual look at the state of renewable energy in Canada and it says solar energy accounts for just 0.5 per cent of all Canada’s generated electricity.
And almost all of that exists entirely in Ontario, the report notes.
NEB chief economist Shelley Milutinovic said the trend in Canada is that renewable energy sources like wind and solar are replacing coal as Canada moves to eliminate that as a source of electricity by 2030.