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ARTICLE · 12 APRIL 2016

Legal Trends 2016: Renewable Energy

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Blake, Cassels & Graydon LLP

Blake, Cassels & Graydon LLP

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A recent Clean Energy Canada study concluded that investment in renewable energy in Canada increased at a dramatic rate of 88 per cent from 2013 to 2014...

CanadaEnergy and Natural Resources
Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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ONE | GROWTH IN PRIVATE INVESTMENT

A recent Clean Energy Canada study concluded that investment in renewable energy in Canada increased at a dramatic rate of 88 per cent from 2013 to 2014, representing an aggregate investment of more than C$10.7-billion in 2014. This sharp increase catapulted Canada to sixth in the world for investments in new domestic clean-energy-generation projects. Nearly half of Canadian investments in renewable-energy sources occurred in Ontario.

Current indicators suggest this upward trend will continue in 2016. Canada offers significant advantages in terms of renewable energy investments, which likely are contributing to this increase. Canada's long coastlines and large landmass provide significant wind and solar resources. As a result, a large percentage of new investments continue to be in wind- and solar-power projects. A large domestic market also makes Canada the sixth-largest electricity consumer in the world. Further, the

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