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ARTICLE · 08 NOVEMBER 2017

NEB Predicts Canadian Fossil Fuel Use Will Peak In 2019

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The National Energy Board (NEB) now predicts Canadian's use of fossil fuels will peak around 2019.

CanadaEnergy and Natural Resources
Sean Green
Sean Green
David Stevens
David Stevens
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The National Energy Board (NEB) now predicts Canadian's use of fossil fuels will peak around 2019. In a shift from previous years, the NEB's report released in October 2017, titled Canada's Energy Future 2017: Energy Supply and Demand Projections to 2040, credits advances in technology and climate policy for the decrease in projected fossil fuel consumption. Never before in the 11 year history of the NEB's annual reports has peak fossil fuel consumption been estimated to occur within the projection period. In the NEB's 2016 Energy Future report, where the projection period similarly ran to 2040, fossil fuel consumption was predicted to increase each year, at an average rate of 0.5 percent per year. The 2017 report also, for the first time, projects end-use energy demand to peak in 2037, while production capacity from renewable sources continues to climb.

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