Our rating is based on a combination of project pipeline, political and policy support, investor confidence and structural readiness of the country in terms of grid infrastructure, permitting process and local supply chain.
Estimate of installed and operating wind power capacity based on the latest statisitics and measured against the Windpower Intelligence database.
Wind energy policy lies in the hands of individual provinces rather than the federal government, but the country’s wealth of fossil-fuel and hydro resources leaves little room for wind power development.
Ontario has led the way and has more than 5GW of operating wind capacity. But the right-wing government elected in June 2018 has cancelled wind projects already under development, including the 100MW Nation Rise being developed by EDPR and due for completion in early 2020.
Confidence is higher in Alberta where, despite the government's opposition to subsidies, there are high hopes that merchant wind projects can be successful, having won capacity in auctions at very competitive prices. A Technology Innovation and Emissions Reductions (TIER) regime in force from January 2020 is expected to boost clean-energy PPAs.
Quebec has committed to growing its renewables capacity. Developers in this province, which has excellent wind resources, are increasingly looking to export wind-generated electricity to states in the north-east of the US, especially since subsidies to US projects only got a partial and temporary reprieve at the end of 2019.