The United States and Canada enjoy the world’s largest and most comprehensive economic relationship, which supports millions of jobs in each country. The magnitude of this $1.3 trillion bilateral trade and investment relationship is broad and deep, accounting for nearly $2 billion in cross border trade each day. Canada is the top export market for 35 out of 50 states. So whether your company is a first-time or seasoned exporter, Canada should be a key component of your export growth strategy.
Canada is one of the world leaders in the production and use of energy from renewable sources: hydro, wind, solar, biomass with significant developments in geothermal and marine energy, – accounting for 65% of Canada’s total electricity generation. The generation capacity based on new sources like wind and solar (not hydro) is growing and reached more than 4.5% of total installed generating capacity.
Canada ranks first in the list of top renewable markets for U.S. exporters, despite the fact that Canada is smaller than other clean energy markets across the world. Wind is Canada’s second largest source of renewable energy (after hydro). Installed wind-energy capacity reached 11,200 MW at the end of 2015. The leading provinces are Ontario (4,361 MW), Quebec (3,262 MW), and Alberta (1,500 MW) and the industry target is 12,000 MW of installed capacity by 2016. The solar cumulative PV power installed capacity was 2,000 MW in 2015, with Ontario one of the top 20 solar electricity markets in the world based on solar installations.
For more information on energy as a best prospect for US exports to Canada, click here.
Visit CS Canada's webpage.
Showtime Export Counseling Meetings: Meet with U.S. Embassy power generation specialists from 27 countries to learn about opportunities and challenges in those markets on Wednesday, December 14 at the show. For a list of the countries represented and to register, click here.
B2B Matchmaking: Meet with international buyers from U.S. Embassy and Consulate-led delegations from Brazil, Cote d’Ivoire, Egypt, Ethiopia, Ghana, Iceland, Iraq, Libya, Mexico, Mozambique, Nigeria, Qatar, and Tanzania. These international buyers have requested to meet with U.S. power generation technology providers at PGI 2016. For more information or to register, click here.
Regional Business Development Forums:
"Uncovering New Commercial Opportunities in Africa", December 14, 2016 | 7:45 am – 9:00 am, Room S220 AB, Level 2 of the Orange County Convention Center, To view the agenda and speakers, click here. Program Flyer . To register, email Drew Bennett.
"New Developments and Opportunities in Iraq’s Power Generation Market", Wednesday, December 14, 1:00-2:00 pm, Room S220C, Level 2 of the Orange County Convention Center
To register, email Mais Abbas Abousy.
Click here for more information on our visiting delegations and programs offered at PGI 2016!
For a complete listing of US Commercial Service Global Energy Team supported events through 2017, click here.
The Power Africa Executive Order institutionalizing USG work to expand electricity access in Sub-Saharan Africa has been signed and was released on November 3, 2016.
The Power Africa initiative (Power Africa) aims to double access to power in Sub-Saharan Africa by adding 30,000 megawatts (MW) of capacity and 60 million new household and business connections by 2030, and in so doing, leapfrog to cleaner forms of energy and foster inclusive economic growth and opportunity across Sub-Saharan Africa.
To learn more click here.
The Global Energy Team of the U.S. Commercial Service is dedicated to enhancing the global competitiveness of the U.S. energy industry, expanding market access, and increasing exports. To learn more about you how you can receive assistance in finding market intelligence, developing your export strategy, connecting with international buyers, or support at trade events, contact your Local Trade Specialists in one of our 100 U.S. Export Assistance Centers around the U.S. Visit our Energy webpage.
Questions about the Energy Update: Contact Danielle Caltabiano.
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