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Latest Updates and Structural Trends
-Non-Hydropower Renewables Capacity and Generation are expected to grow by 8.56%
and 6.68% respectively in 2016, with continuous slowing growth expected in our
-The new Canadian government is planning a national energy strategy to increase
energy share, as well as a Low Carbon Economy Trust to support emission reducing
-Investments in clean energy development decreased by 15% in 2015 over 2014 due
to the lack of continued emission and renewable targets that slowly has been
remedied through plans by Alberta, Saskatchewan and Quebec in recent months.
-In June 2016, Quebec announced its 2030 Energy Policy that aims to eliminate
thermal coal, and increase renewables energy output by 25% and improve
efficiency by 15%.
-In November 2015, Alberta and Saskatchewan have announced ambitious renewables
targets of 30% and 50% respectively by 2030, as well as a comprehensive coal
power retirement. Alberta's first renewable auction is likely to take place
-In August 2015, the government of Nova Scotia announced the termination of
its Comfit Feed-in-Tariff program. Its success directly led to its termination
as the province' national grid continued to struggle to deal with fast growing
wind power levels. The government hence considered the goal of the programme
-The Canadian developer Atlantic Wind and Solar Inc announced the formation of a
yieldco, Power 1 Inc, in May 2015, aimed at buying and holding its projects to
provide a reliable yield from ongoing power sales.