Hydropower: Canada’s Clean Energy Powerhouse
Canada, with its vast network of rivers and abundant freshwater resources, is a global leader in the production of hydroelectricity.
It stands tall as the fourth-largest producer in the world, behind only China, Brazil, and the United States. This reliance on hydro power has provided Canada with a clean and renewable energy source, contributing significantly to its low carbon footprint.
Harnessing the Power of Water: How Hydroelectricity Works
Hydroelectric power plants convert the kinetic energy of moving water into electricity. This is achieved through a series of steps:
- Dam construction: Dams are built across rivers to create reservoirs, storing water and controlling its flow.
- Water flow: Water is released from the reservoir through tunnels or pipes, gaining speed as it falls.
- Turbine rotation: The rushing water hits the blades of a turbine, causing it to rotate.
- Electricity generation: The rotating turbine shaft is connected to a generator, which converts the mechanical energy into electricity.
- Transmission and distribution: The generated electricity is transmitted through power lines to homes, businesses, and industries.
Canada’s Hydropower Landscape: A Statistical Overview
Here’s a glimpse into the current state of hydroelectricity in Canada:
- Installed capacity: Over 81 Gigawatts (GW) of installed capacity, spread across more than 500 hydroelectric facilities. (Source: Waterpower Canada)
- Electricity generation: Hydropower accounts for approximately 60% of Canada’s electricity generation, with the remaining share coming from other sources like nuclear, wind, and solar. (Source: Canadian Hydropower Association)
- Regional distribution: Quebec leads the pack with over 95% of its electricity generated from hydro, followed by Newfoundland and Labrador, Manitoba, and British Columbia. (Source: Canadian Hydropower Association)
- Economic impact: Hydropower contributes significantly to the Canadian economy, supporting over 65,000 jobs and generating billions in revenue. (Source: Waterpower Canada)
Table 1: Hydropower Capacity and Generation by Province (Source: Canadian Hydropower Association)
Province | Installed Capacity (MW) | Hydroelectric Generation (TWh) | Share of Provincial Generation (%) |
---|---|---|---|
British Columbia | 15,929 | 65.0 | 85.9 |
Alberta | 2,053 | 8.9 | 11.7 |
Saskatchewan | 5,052 | 34.9 | 98.5 |
Manitoba | 5,320 | 37.9 | 99.5 |
Ontario | 10,587 | 84.3 | 61.3 |
Quebec | 36,325 | 206.2 | 96.4 |
New Brunswick | 2,611 | 10.9 | 63.9 |
Nova Scotia | 1,305 | 5.4 | 82.1 |
Newfoundland & Labrador | 8,034 | 35.4 | 92.0 |
Yukon | 135 | 5.6 | 99.9 |
Northwest Territories | 469 | 4.4 | 99.3 |
Nunavut | 4 | 0.0 | 0.0 |
Note: MW = Megawatts, TWh = Terawatt-hours
Advantages and Challenges of Hydropower
Advantages:
- Clean and renewable: Hydropower produces minimal greenhouse gas emissions, making it a crucial resource in combating climate change.
- Reliable and baseload: Hydropower plants can operate continuously, providing a stable and reliable source of electricity.
- Energy storage: Reservoirs can store potential energy, allowing for flexible generation to meet peak demand periods.
- Economic benefits: Hydropower creates jobs, generates revenue, and supports economic development in remote regions.
Challenges:
- Environmental impacts: Dam construction can disrupt ecosystems, displace communities, and affect water quality and flow.
- High upfront costs: Building dams and power plants requires significant investment and long construction times.
- Social and cultural impacts: Indigenous communities and traditional ways of life can be affected by hydropower projects.
- Geographical limitations: Not all regions have suitable geographical features for large-scale hydropower development.
Future of Hydropower in Canada
Canada’s vast hydropower potential still remains largely untapped, particularly in northern provinces like Quebec and British Columbia. As the country strives to achieve net-zero carbon emissions by 2050, hydropower is expected
https://www.exaputra.com/2024/02/hydropower-canadas-clean-energy.html
Renewable Energy
ACORE Statement on Treasury’s Safe Harbor Guidance
ACORE Statement on Treasury’s Safe Harbor Guidance
Statement from American Council on Renewable Energy (ACORE) President and CEO Ray Long on Treasury’s Safe Harbor Guidance:
“The American Council on Renewable Energy (ACORE) is deeply concerned that today’s Treasury guidance on the long-standing ‘beginning of construction’ safe harbor significantly undermines its proven effectiveness, is inconsistent with the law, and creates unnecessary uncertainty for renewable energy development in the United States.
“For over a decade, the safe harbor provisions have served as clear, accountable rules of the road – helping to reduce compliance burdens, foster private investment, and ensure taxpayer protections. These guardrails have been integral to delivering affordable, reliable American clean energy while maintaining transparency and adherence to the rule of law. This was recognized in the One Big Beautiful Act, which codified the safe harbor rules, now changed by this action.
“We need to build more power generation now, and that includes renewable energy. The U.S. will need roughly 118 gigawatts (the equivalent of 12 New York Cities) of new power generation in the next four years to prevent price spikes and potential shortages. Only a limited set of technologies – solar, wind, batteries, and some natural gas – can be built at that scale in that timeframe.”
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ABOUT ACORE
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.
Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org
The post ACORE Statement on Treasury’s Safe Harbor Guidance appeared first on ACORE.
https://acore.org/news/acore-statement-on-treasurys-safe-harbor-guidance/
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