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The North America Electricity Sectors : A Company and Industry Analysis (October 2005)

  • ID: 656094
  • Report
  • October 2005
  • Region: America, North America, United States
  • 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 gradual recovery of the US and global economies led to a consistent first six months for the US electricity sector in 2005
- Data from the US Department of Energy showed stable growth in the residential and commercial segments of retail electricity sales, with increases occurring during winter and summer months and a reduction in sales during spring and fall
- Global needs for various Canadian resources including oil, natural gas, ores and diamonds have driven the Canadian electricity sector's solid growth
- The Canadian Government is committed to investing in and implementing renewable energy to replace the country's conventional electricity generating plants, particularly those that burn fossil fuels which are not environmental friendly

Industry Profile - Key Points
- According to the US Department of Energy, from January to May 2005, utility power plants produced 63.6% of electric power in the US
Independent power producers (IPPs) contributed 32.3%, while the remaining 4.1% was supplied by industrial combined heat and power (CHP) plants
- The US is the leading producer and consumer of renewable energy and, in 2001, had more than 116,000 MW of installed renewable energy capacity, according to the International Energy Agency (IEA)
- Canada is the world's seventh largest producer of electricity and the largest producer of hydroelectric power
Over the past decade, Canada has become a major exporter of energy, with the US being its main customer, importing approximately 30 billion kWh annually
- Renewable and Electrical Energy (REDI) was launched in 1998 to stimulate the demand for renewable energy systems for water heating, space heating and industrial process heating in Canada
Market Trends and Outlook - Key Points
- 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 (CO 2 ) emissions by 4.3 million tones yearly
- According to AEO2005, average US electricity prices are expected to decline by 10.8%, from 7.4 cents per kilowatt-hour in 2003 to 6.6 cents per kilowatt-hour in 2011
- The electricity sector should see growth in demand in the second half of 2005, as the US economy is expected to remain solid during this period
- For the past few years, Canada's electricity demand per capita has risen at a slow pace, despite more widespread use of electrical and electronic equipment
- Events such as Hurricane Katrina focused Canadian government attention on energy price increases and the possibility of supply disruptions in the future
- Canada's energy production is likely to become increasingly diversified, with a combination of reliable energy sources to meet national demand and projected future demand growth

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Current Environment - US
- Sector Overview
- Sector Performance
- Leading Companies
- Mergers and Acquisitions
Current Environment - Canada
- Sector Overview
- Sector Performance
- Leading Companies
- Mergers and Acquisitions
Industry Profile - US
- Industry Size and Value
- Non-Renewable Energy
- Renewable Energy
- Sector Investment
- Policy and Regulatory
Environment
Industry Profile - Canada
- Industry Size and Value
- Sector Investment
- Policy and Regulatory
Environment
Market Trends and Outlook -
US
- Growing Potential of Solar
Energy
- Greener Buildings
- Growth in Electricity
Consumption
- Market Outlook
Market Trends and Outlook -
Canada
- Rising Demand for Energy
- Moving Towards Sustainable
Energy
- The Spread of Green Buildings
- Market Outlook
Currency Conversion Table
Key References
The Scope of this Report
Comparative Data
Regional 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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