29 Jul '13, 6am

Canada trails behind in renewable energy consumption

Canada trails behind in renewable energy consumption

Canada’s consumption of renewable energy will remain lower than most of the world according to figures released by the United States Department of Energy (DOE). The country consumed 4 quadrillion Btu (quad) of renewable energy in 2010 but this will grow to 6.4 quad in 2040 according to the US Energy Information Administration in its International Energy Outlook 2013 . However, this figure depends largely on the price of oil over that same period. If the price is too high, annual growth will reach 1.7 percent, reaching 6.5 quad, but if it is too low then growth will only reach 1.5 percent, or 6.3 quad. In comparison, the US consumed 7 quad in 2010 which will grow to 12 quad in 2040 or 12.6 with high oil prices. If the price is too low it will each 11.5 quad. The rest of the world consumed 56 quad in 2010 which will grow to 125 quad in 2040 with a high oil price or 115 quad ...

Full article: http://www.renewableenergymagazine.com/article/canada-tra...

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