Canada's energy regulator expects electricity generation to surge, with wind power becoming the primary new source.

MaticHoleFiller · 2026-03-28T09:42:43+00:00

Canada's energy regulatory agency reports that electricity generation will increase significantly by 2050, primarily driven by the demand for new artificial intelligence data centers. In the low-growth scenario, it will grow by 30%, while in the high-growth scenario, it will double, with wind energy dominating the new capacity. Crude oil will also see short-term growth, with an estimated 6.1 million barrels per day by 2040 under the current scenario.

MaticHoleFiller

2026-03-28 09:42:43

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A new report from Canada’s energy regulator predicts significant growth in electricity generation from now until 2050, partly due to the enormous demand for power from new artificial intelligence data centers.

The federal agency has envisioned four supply and demand scenarios for Canada’s oil, gas, and electricity markets: current measures scenario, higher scenario, lower scenario, and net-zero scenario.

In all scenarios, electricity generation is expected to increase substantially—by 30% in the lower scenario and double the current level in the higher scenario.

In all scenarios, wind energy accounts for the majority of the new generation capacity.

In all scenarios, Canada’s crude oil production is expected to grow in the short term, but the peak production timing varies.

In the current measures scenario, production is expected to reach 6.1 million barrels per day around 2040, stabilizing at 5.9 million barrels per day by 2050.

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