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The North America Electricity Sectors : A Company and Industry Analysis (April 2006)

  • ID: 656092
  • Report
  • April 2006
  • Region: America, North America, United States
  • 32 pages
  • Mergent
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This report examines the activities of industry and companies in the electricity industry across North America, profiling the markets in the United States and Canada
Current Environment - Key Points
- The continued growth of the US and global economies led to a consistently strong year for the electricity industry in the US
- The prices of most electricity stocks in the US rose throughout 2005 due to high electricity demand
- However, most leading companies in North America reported earnings losses in 2005 as a result of the impact of hurricanes that struck the Gulf Coast, as well as higher oil, gas and coal prices
- Strong global demand for Canadian resources such as oil, natural gas, ores and diamonds drove the Canadian electricity sector's solid growth in 2005
- The US and Canadian Governments have plans to invest in and develop renewable energy to complement and even phase out conventional electricity generating plants, particularly those that burn fossil fuels

Industry Profile - Key Points
- The electric power industry continued growing from January to October 2005 and, according to the US Department of Energy, year-to-date net generation increased by 1.8% from the corresponding period a year earlier
- Canada maintained its rank as the world's seventh largest electricity producer and the largest hydroelectric producer in 2005
The country has become a major exporter of energy, with the US being its main customer, importing about 30 billion kilowatt hours every year
- According to the US Department of Energy, for the first ten months of 2005, utility power plants produced 63% of electric power in the US
Independent power producers contributed 31.1%, while 3.6% were supplied by the industrial combined heat and power plants
- The Canadian wind energy industry installed 239 megawatts of new capacity during the year compared with the record of 122 megawatts installed in 2004
Market Trends and Outlook - Key Points
- New technologies play an important role in the US energy economy by 2030 and could influence the future energy use, both in the commercial and residential buildings
- Solar energy is an excellent alternative to fossil fuel as it is unlimited and clean
Using solar energy to supply one million homes with electricity would reduce carbon dioxide emission by 4.3 million tonnes annually
- According to the National Energy Board of Canada, there will continue to be upward pressure on consumer electricity prices due to the rising cost of developing new generation and transmission facilities to replace ageing infrastructure and high oil and coal prices
- Canada is keen to promote the green building concept in its construction industry and to educate Canadians on the importance of having sustainable buildings and their benefits to the environment
- Electricity demand is projected to increase by 0.5% this year and by an additional 2% in 2007
Meanwhile, electricity sales are expected to increase by about 50%, from 3,567 billion kWh in 2004 to 5,341 billion kWh by 2030, according to the 2006 Annual Energy Report produced by Energy Information Administration
- Electricity demand could reach about 817 trillion watt hours by 2020, according to National Energy Board of Canada projections

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Current Environment - US
- Sector Overview
- Sector Performance
- Leading Companies
- Merger, Acquisition and
Alliance Activity
Current Environment -
Canada
- Sector Overview
- Leading Companies
- Merger, Acquisition and
Alliance Activity
Industry Profile - US
- Industry Size and Value
- Industry Focus
- Government Investment
Industry Profile - Canada
- Industry Size and Value
- Industry Focus
- Sector Investment
- Exports and Imports
Trends and Outlook - US
- New Emerging Technologies
- Solar Could Become
Competitive Over Time
- Coal Use to Remain High
- Market Outlook
Trends and Outlook - Canada
- Natural Gas ? the Big Growth
Market
- Electricity Price Increases Set
to Continue
- More Funding for Green
Building
- Market Outlook
Currency Conversion Table
The Scope of This Report
Key References
Comparative Data
Reports Coverage

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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