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Canadian Wind Energy Sector: Market Forecast 2013-2020 - Q2, 2013 - Prepared by ClearSky Advisors Inc. © ClearSky Advisors Inc. 22-Apr-2013

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Page 1: Canadian wind forecast outlook   executive summary

Canadian Wind Energy Sector:

Market Forecast 2013-2020 - Q2, 2013 -

Prepared by ClearSky Advisors Inc. © ClearSky Advisors Inc. 22-Apr-2013

Page 2: Canadian wind forecast outlook   executive summary

© 2013 ClearSky Advisors Inc. – Canadian Wind Energy Sector: Market Forecast – Published: 22-Apr-2013

About This Report

Canada is a complex market for the wind industry. Each province and region has a diverse set of market

fundamentals, policies, and other market drivers that necessitate an in-depth analysis segmented out by

individual region.

This report contains a summary of wind market fundamentals for Ontario, Quebec, Alberta, British Columbia,

Manitoba, Saskatchewan, and the Atlantic region. It also includes a comprehensive outline of policies, initiatives,

and key utilities that have informed a forward-looking market forecast for each region through 2020. This report

provides all necessary information for project developers, manufacturers, governments, and EPC firms eager to

find success for their organization within Canadian regional markets.

© 2013 ClearSky Advisors Inc. All Rights Reserved. Copying of or reproduction from this report in any form without prior permission is strictly

forbidden. The materials ClearSky Advisors Inc. provides to clients will reflect ClearSky Advisors’ judgment based upon the information

available to ClearSky Advisors. ClearSky Advisors disclaims any other representations or warranties, express or implied, including without

limitation any implied warranties of merchantability, fitness for a particular purpose or non-infringement. This report is based on sources

believed to be reliable, but no independent verification has been made nor is its accuracy or completeness guaranteed. ClearSky Advisors Inc.

shall have no liability for errors, omissions or inadequacies in the information contained in this publication.

Page 3: Canadian wind forecast outlook   executive summary

© 2013 ClearSky Advisors Inc. – Canadian Wind Energy Sector: Market Forecast – Published: 22-Apr-2013

Executive Summary

Canada currently ranks ninth in global wind rankings with

6,500MW of installed capacity. Through the use of various

regional and provincial incentives as well as procurement

initiatives, the Canadian market is expected to grow to

between 14,000MW and 22,500MW by 2021. Growth in this

sector will be primarily driven by the Ontario market but will

also receive significant contribution from Quebec and Alberta.

The associated graph below provides cumulative installations

for two different scenarios: High Case and Low Case. The

associated charts provide a snapshot of regional contributions

to the 2021 Canadian wind sector for both scenarios. Refer to

the full report for a region by region breakdown of annual

installations and as well as the results for the Expected Case

scenario.

For the forecasted period, annual Canadian wind project installations will average at 1,400MW per year. This will

increase significantly between 2015 and 2017 with average installations reaching 2,500MW per year. Ontario will

continue to be the largest contributor to the Canadian wind sector throughout the forecasted period maintaining

a 33-34% share by 2021 while Alberta, currently in third place (by MW) has the potential to replace Quebec as the

second largest national market for wind.

On 34%

Qc 19%

Ab 23%

B.C. 10%

Mb 3%

Sk 4%

A.C. 7%

2021 - Canada Installed Wind Capacity (High Case)

On 33%

Qc 26%

Ab 23%

B.C. 7%

Mb 2%

Sk 2%

A.C. 7%

2021 - Canada Installed Wind Capacity (Low Case)

On 32%

Qc 25%

Ab 17% B.C.

6%

Mb 4%

Sk 3%

A.C. 13%

2013 - Canada Installed Wind Capacity

0

5,000

10,000

15,000

20,000

25,000

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

MW

Canada - Cumulative Wind Forecast

High Case Low Case

Page 4: Canadian wind forecast outlook   executive summary

© 2013 ClearSky Advisors Inc. – Canadian Wind Energy Sector: Market Forecast – Published: 22-Apr-2013

Table of Contents

About This Report .................................................................................................................................... 1

Executive Summary .................................................................................................................................. 2

Table of Contents ..................................................................................................................................... 3

List of Figures ........................................................................................................................................... 9

List of Tables .......................................................................................................................................... 11

1- Canada Wind Sector Overview ............................................................................................................. 13

Canada Wind Sector Forecast .................................................................................................................. 14

Summary ................................................................................................................................................... 14

High Case Scenario .................................................................................................................................... 15

Expected Case Scenario .............................................................................................................................. 15

Low Case Scenario ..................................................................................................................................... 16

2- Ontario Wind Sector ........................................................................................................................... 18

Market Synopsis......................................................................................................................................... 18

Market Overview .................................................................................................................................... 20

Wind Sector Overview ................................................................................................................................ 20

Wind Project Pipeline ................................................................................................................................. 21

Existing Wind Projects ................................................................................................................................ 22

Market Development .............................................................................................................................. 23

Ministry of the Environment - Renewable Energy Approval .......................................................................... 23

Ontario Power Authority - Feed-in Tariff Program ....................................................................................... 23

Market Forecast ..................................................................................................................................... 24

Summary ................................................................................................................................................... 24

High Case Scenario .................................................................................................................................... 25

Expected Case Scenario .............................................................................................................................. 26

Low Case Scenario ..................................................................................................................................... 27

Green Energy Moratorium Scenario ............................................................................................................ 28

Electricity Market Structure .................................................................................................................... 29

Overview ................................................................................................................................................... 29

User Mix .................................................................................................................................................... 30

Market Share ......................................................................................................................................... 31

FIT 2.1 .................................................................................................................................................... 33

Priority Points ............................................................................................................................................ 33

New Contracting Process and Program Set-asides ....................................................................................... 33

New Tariff Rate and Additional Price Incentives .......................................................................................... 34

Domestic Content Review Period ................................................................................................................ 35

Transmission and Distribution Infrastructure ........................................................................................... 35

Transmission .............................................................................................................................................. 35

Distribution ................................................................................................................................................ 36

Market Drivers and Restraints ................................................................................................................. 37

Drivers ........................................................................................................................................................ 37

Restraints .................................................................................................................................................. 39

Page 5: Canadian wind forecast outlook   executive summary

© 2013 ClearSky Advisors Inc. – Canadian Wind Energy Sector: Market Forecast – Published: 22-Apr-2013

Recommendations ................................................................................................................................. 41

Manufacturers ........................................................................................................................................... 41

Developers ................................................................................................................................................. 42

EPCs .......................................................................................................................................................... 42

Methodology ......................................................................................................................................... 43

3- Quebec Wind Sector ........................................................................................................................... 44

Market Overview ........................................................................................................................................ 44

Wind Sector Overview ................................................................................................................................ 44

Wind Project Pipeline ................................................................................................................................. 44

Existing Wind Projects ................................................................................................................................ 46

Market Forecast ..................................................................................................................................... 47

Summary ................................................................................................................................................... 47

High Case Scenario .................................................................................................................................... 48

Expected Case Scenario .............................................................................................................................. 48

Low Case Scenario ..................................................................................................................................... 49

Electricity Market Structure .................................................................................................................... 49

Overview ................................................................................................................................................... 50

User Mix .................................................................................................................................................... 50

Development of New Generation ............................................................................................................ 51

Demand Growth ........................................................................................................................................ 51

Upcoming Generation Projects ................................................................................................................... 51

Potential for Wind Development ................................................................................................................. 52

Regulatory Environment ......................................................................................................................... 53

Required Permits and Studies ..................................................................................................................... 53

Wind Project Development Process ............................................................................................................. 54

Provincial Renewable Energy Policy ........................................................................................................ 55

Self-generation Programs ........................................................................................................................... 55

Domestic Content Requirements ................................................................................................................. 55

Carbon Market ........................................................................................................................................... 56

Provincial Manufacturing Capacity .......................................................................................................... 56

Transmission and Connection Considerations .......................................................................................... 56

Transmission System Overview .................................................................................................................. 56

Transmission Upgrades .............................................................................................................................. 57

Transmission Interconnection ..................................................................................................................... 59

Distribution System Overview ..................................................................................................................... 59

Market Drivers and Restraints ................................................................................................................. 60

Summary ................................................................................................................................................... 60

Drivers ....................................................................................................................................................... 60

Restraints .................................................................................................................................................. 61

Recommendations ................................................................................................................................. 61

Methodology ......................................................................................................................................... 62

4- Alberta Wind Sector............................................................................................................................ 63

Market Overview ........................................................................................................................................ 63

Page 6: Canadian wind forecast outlook   executive summary

© 2013 ClearSky Advisors Inc. – Canadian Wind Energy Sector: Market Forecast – Published: 22-Apr-2013

Addition of Wind to the Provincial Supply ................................................................................................... 63

Ownership of Projects and Sale of Electricity ............................................................................................... 63

Current Wind Project Pipeline ..................................................................................................................... 64

Market Forecast ..................................................................................................................................... 64

Summary ................................................................................................................................................... 64

High Case Scenario .................................................................................................................................... 66

Expected Case Scenario .............................................................................................................................. 66

Low Case Scenario ..................................................................................................................................... 67

Policy Framework ................................................................................................................................... 67

Key Organizations in Alberta’s Electricity Sector .......................................................................................... 67

Policy framework ....................................................................................................................................... 67

Application Process .................................................................................................................................... 69

Merchant Pricing .................................................................................................................................... 72

How the electricity pricing system works in Alberta ...................................................................................... 72

Grid Connection and Transmission .......................................................................................................... 76

The Current Status of Transmission in Alberta ............................................................................................. 76

Future Transmission Development .............................................................................................................. 76

Market Drivers and Restraints ................................................................................................................. 81

Summary ................................................................................................................................................... 81

Drivers ....................................................................................................................................................... 81

Restraints .................................................................................................................................................. 82

Recommendations ................................................................................................................................. 84

Methodology ......................................................................................................................................... 85

Appendix ............................................................................................................................................... 86

5- British Columbia Wind Sector .............................................................................................................. 87

Market Overview ........................................................................................................................................ 87

Wind Project Pipeline ................................................................................................................................. 87

Existing Wind Projects ................................................................................................................................ 88

Market Forecast ..................................................................................................................................... 88

Summary ................................................................................................................................................... 88

High Case Scenario .................................................................................................................................... 89

Expected Case Scenario .............................................................................................................................. 90

Low Case Scenario ..................................................................................................................................... 91

Electricity Market Structure .................................................................................................................... 92

Overview ................................................................................................................................................... 92

User Mix .................................................................................................................................................... 92

Development of New Generation ............................................................................................................ 93

Demand Growth ........................................................................................................................................ 93

Potential for Wind Development ................................................................................................................. 94

Upcoming Generation Projects ................................................................................................................... 94

Regulatory Environment ......................................................................................................................... 95

Clean Energy Project Development ............................................................................................................. 95

Provincial Renewable Energy Policy ........................................................................................................ 99

Page 7: Canadian wind forecast outlook   executive summary

© 2013 ClearSky Advisors Inc. – Canadian Wind Energy Sector: Market Forecast – Published: 22-Apr-2013

Renewable Energy Generation Initiatives ............................................................................................... 99

Tax Incentives ........................................................................................................................................ 100

Carbon Market ....................................................................................................................................... 100

Transmission and Connection Considerations ......................................................................................... 100

Transmission Interconnection ................................................................................................................101

Transmission Upgrades ..........................................................................................................................101

Distribution System Overview and Generator Interconnection ................................................................... 102

Market Drivers and Restraints ................................................................................................................ 102

Summary ................................................................................................................................................103

Drivers .....................................................................................................................................................103

Restraints ................................................................................................................................................103

Recommendations ................................................................................................................................104

Methodology ........................................................................................................................................ 105

6- Manitoba Wind Sector ...................................................................................................................... 106

Market Overview ...................................................................................................................................... 106

Upcoming Generation Projects ................................................................................................................. 106

Existing Wind Projects .............................................................................................................................. 106

Market Forecast .................................................................................................................................... 107

Summary .................................................................................................................................................. 107

High Case Scenario .................................................................................................................................. 108

Expected Case Scenario ............................................................................................................................ 108

Low Case Scenario ................................................................................................................................... 109

Electricity Market Structure .................................................................................................................. 109

Overview ................................................................................................................................................. 109

User Mix ...................................................................................................................................................110

Development of New Generation ........................................................................................................... 111

Demand Growth ....................................................................................................................................... 111

Upcoming Generation Projects .................................................................................................................. 111

Potential for Wind Development ................................................................................................................ 111

Regulatory Environment ........................................................................................................................ 112

Provincial Renewable Energy Policy ....................................................................................................... 113

Tax Incentives ........................................................................................................................................... 113

Carbon Market .......................................................................................................................................... 113

Transmission and Connection Considerations ......................................................................................... 114

Distributed Resource Interconnection ......................................................................................................... 114

Open Access Interconnection Tariff ............................................................................................................ 114

Transmission and Distribution Upgrades .................................................................................................... 115

7- Saskatchewan Wind Sector ................................................................................................................116

Market Overview .......................................................................................................................................116

Wind Project Pipeline ................................................................................................................................116

Existing Wind Projects ...............................................................................................................................116

Market Forecast .................................................................................................................................... 117

Summary .................................................................................................................................................. 117

Page 8: Canadian wind forecast outlook   executive summary

© 2013 ClearSky Advisors Inc. – Canadian Wind Energy Sector: Market Forecast – Published: 22-Apr-2013

High Case Scenario ...................................................................................................................................118

Expected Case Scenario .............................................................................................................................118

Low Case Scenario ....................................................................................................................................119

Electricity Market Structure ...................................................................................................................119

Overview ..................................................................................................................................................119

User Mix .................................................................................................................................................. 120

Development of New Generation ........................................................................................................... 121

Regulatory Environment ........................................................................................................................ 122

Provincial Renewable Energy Policy ....................................................................................................... 123

Green Options Partners Program ...............................................................................................................123

Small Power Producers Program ............................................................................................................... 124

Net Metering Program .............................................................................................................................. 124

Tax Incentives .......................................................................................................................................... 125

Carbon Market ......................................................................................................................................... 125

Transmission Considerations.................................................................................................................. 125

Transmission Interconnection ................................................................................................................... 125

Distribution Interconnection ..................................................................................................................... 126

Transmission and Distribution Upgrades .................................................................................................... 127

Market Drivers and Restraints - Manitoba and Saskatchewan .................................................................. 127

Summary .................................................................................................................................................. 127

Drivers ..................................................................................................................................................... 128

Restraints ................................................................................................................................................ 129

Recommendations - Manitoba and Saskatchewan .................................................................................. 130

Methodology ........................................................................................................................................ 132

8- Atlantic Canada Wind Sector .............................................................................................................. 133

Market Overview ....................................................................................................................................... 133

Wind Project Pipeline ................................................................................................................................ 134

Current Wind Power Capacity .................................................................................................................... 135

Market Forecast ....................................................................................................................................138

Summary ..................................................................................................................................................138

High Case Scenario .................................................................................................................................. 140

Expected Case Scenario ............................................................................................................................. 141

Low Case Scenario ................................................................................................................................... 142

Electricity Market Structure ................................................................................................................... 143

Overview .................................................................................................................................................. 143

User Mix .................................................................................................................................................. 145

Development of New Generation .......................................................................................................... 146

Demand Growth ...................................................................................................................................... 146

Upcoming Generation Projects .................................................................................................................. 147

Potential for Wind Development ................................................................................................................ 147

Regulatory Environment ....................................................................................................................... 148

Required Permits and Studies ................................................................................................................... 148

Provincial Renewable Energy Policy ....................................................................................................... 150

Page 9: Canadian wind forecast outlook   executive summary

© 2013 ClearSky Advisors Inc. – Canadian Wind Energy Sector: Market Forecast – Published: 22-Apr-2013

Renewable Energy Targets ....................................................................................................................... 150

Renewable Energy Generation Initiatives .................................................................................................. 150

Self-generation Programs ......................................................................................................................... 152

Transmission Considerations.................................................................................................................. 152

Transmission System Overview ................................................................................................................ 152

Transmission Upgrades ............................................................................................................................. 153

Market Drivers and Restraints ................................................................................................................ 153

Summary .................................................................................................................................................. 153

Drivers ...................................................................................................................................................... 153

Restraints ................................................................................................................................................ 154

Methodology ........................................................................................................................................ 154

Page 10: Canadian wind forecast outlook   executive summary

© 2013 ClearSky Advisors Inc. – Canadian Wind Energy Sector: Market Forecast – Published: 22-Apr-2013

List of Figures

Figure 1 - Global installed wind capacity - 2012 .................................................................................................... 13

Figure 2 - Canada installed wind capacity by region ............................................................................................. 13

Figure 3 - Canada cumulative wind forecast (2013-2021) ...................................................................................... 14

Figure 4 - Canadian wind market forecast (High Case) ......................................................................................... 15

Figure 5 - Canadian wind market forecast (Expected Case) .................................................................................. 15

Figure 6 - Canadian wind market forecast (Low Case) .......................................................................................... 16

Figure 7 - Canada 2021 Snapshot ......................................................................................................................... 16

Figure 8 - Ontario Ministry of the Environment - REA projects ............................................................................. 23

Figure 9 - Status of Ontario FIT program wind projects ........................................................................................ 23

Figure 10 - Ontario cumulative wind forecast (2013-2018) .................................................................................... 24

Figure 11 - Ontario wind market forecast (High Case) ........................................................................................... 25

Figure 12 - Ontario wind market forecast (Expected Case) ................................................................................... 26

Figure 13 - Ontario wind market forecast (Low Case) ........................................................................................... 27

Figure 14 - Ontario wind market forecast (Green Energy Moratorium) ................................................................. 28

Figure 15 - Ontario turbine brand and developer market share (2012 and 2013).................................................... 31

Figure 16 - Quebec wind project pipeline by turbine brand ................................................................................... 44

Figure 17 - Quebec wind projects by turbine brand ............................................................................................... 46

Figure 18 - Quebec’s historical wind farm installations ......................................................................................... 47

Figure 19 - Quebec cumulative wind forecast (2013-2021) .................................................................................... 47

Figure 20 - Quebec wind market forecast (High Case) .......................................................................................... 48

Figure 21 - Quebec wind market forecast (Expected Case) ................................................................................... 48

Figure 22 - Quebec wind market forecast (Low Case) ........................................................................................... 49

Figure 23 - Hydro-Quebec operating divisions ...................................................................................................... 49

Figure 24 - Quebec total installed generation capacity ......................................................................................... 50

Figure 25 - Quebec historical electricity sales ....................................................................................................... 50

Figure 26 - Quebec historical peak provincial demand .......................................................................................... 51

Figure 27 - Quebec wind project development process ......................................................................................... 54

Figure 28 - Quebec manufacturing capacity ......................................................................................................... 56

Figure 29 - Quebec transmission interconnection studies..................................................................................... 59

Figure 30 - Alberta historical generation capacity additions ................................................................................. 63

Figure 31 - Alberta wind farm ownership .............................................................................................................. 64

Figure 32 - Alberta wind project pipeline .............................................................................................................. 64

Figure 33 - Alberta cumulative wind forecast (2013-2021) ..................................................................................... 65

Figure 34 - Alberta wind market forecast (High Case) ........................................................................................... 66

Figure 35 - Alberta wind market forecast (Expected Case) .................................................................................... 66

Figure 36 - Alberta wind market forecast (Low Case) ............................................................................................ 67

Figure 37 - Alberta’s Power Pool ............................................................................................................................ 73

Figure 38 - Alberta historical average pool price .................................................................................................... 73

Figure 39 - Alberta historical monthly residential electricity rates......................................................................... 75

Figure 40 - Historical Alberta average wind capacity factors ................................................................................. 86

Figure 41 - British Columbia upcoming projects ................................................................................................... 87

Figure 42 - British Columbia wind capacity by turbine .......................................................................................... 88

Figure 43 - British Columbia cumulative wind forecast (2013-2021) ...................................................................... 88

Figure 44 - British Columbia wind market forecast (High Case) ............................................................................ 89

Page 11: Canadian wind forecast outlook   executive summary

© 2013 ClearSky Advisors Inc. – Canadian Wind Energy Sector: Market Forecast – Published: 22-Apr-2013

Figure 45 - British Columbia wind market forecast (Expected Case) ..................................................................... 90

Figure 46 - British Columbia wind market forecast (Low Case) ............................................................................. 91

Figure 47 - British Columbia installed generating capacity .................................................................................... 92

Figure 48 - British Columbia historical electricity sales ......................................................................................... 93

Figure 49 - British Columbia historical peak demand ............................................................................................ 93

Figure 50 - British Columbia clean energy project development process .............................................................. 95

Figure 51 - British Columbia Crown land application process ................................................................................ 97

Figure 52 - British Columbia standing offer program ............................................................................................ 99

Figure 53 - British Columbia standing offer program application process.............................................................. 99

Figure 54 - British Columbia’s CEAP and SGIP process outline .............................................................................101

Figure 55 - BC Hydro interconnection ................................................................................................................. 102

Figure 56 - Manitoba cumulative wind forecast (2013-2021) ................................................................................ 107

Figure 57 - Manitoba wind market forecast (High Case) ...................................................................................... 108

Figure 58 - Manitoba wind market forecast (Expected Case) .............................................................................. 108

Figure 59 - Manitoba wind market forecast (Low Case) ...................................................................................... 109

Figure 60 - Manitoba electricity sector statistics ..................................................................................................110

Figure 61 - Manitoba electricity user mix .............................................................................................................110

Figure 62 - Manitoba distributed resource interconnection process ....................................................................114

Figure 63 - Manitoba transmission interconnection process ................................................................................ 115

Figure 64 - Saskatchewan cumulative wind forecast (2013-2021) ........................................................................ 117

Figure 65 - Saskatchewan wind market forecast (High Case) ...............................................................................118

Figure 66 - Saskatchewan wind market forecast (Expected Case) .......................................................................118

Figure 67 - Saskatchewan wind market forecast (Low Case) ................................................................................119

Figure 68 - Saskatchewan generating capacity ....................................................................................................119

Figure 69 - Saskatchewan generating capacity and operating statistics ............................................................. 120

Figure 70 - Saskatchewan average annual energy deliveries ............................................................................... 120

Figure 71 - Saskatchewan electricity system operating statistics ......................................................................... 121

Figure 72 - Saskatchewan generation action plan ................................................................................................ 121

Figure 73 - Saskatchewan environmental assessment process ............................................................................ 122

Figure 74 - Saskatchewan Green Options Partners program ............................................................................... 124

Figure 75 - Saskatchewan carbon market ........................................................................................................... 125

Figure 76 - Saskatchewan transmission interconnection .................................................................................... 126

Figure 77 - Saskatchewan distribution interconnection ....................................................................................... 126

Figure 78 - Atlantic Canada wind project pipeline ................................................................................................134

Figure 79 - Atlantic Canada installed wind capacity ............................................................................................. 135

Figure 80 - Atlantic Canada cumulative wind forecast (2013-2020) ......................................................................138

Figure 81 - Atlantic Canada cumulative wind forecast by province (High, Expected, and Low Case) ................... 139

Figure 82 - Atlantic Canada wind market forecast (High Case) ........................................................................... 140

Figure 83 - Atlantic Canada wind market forecast (Expected Case) .....................................................................141

Figure 84 - Atlantic Canada wind market forecast (Low Case) ............................................................................ 142

Figure 85 - Atlantic Canada installed generating capacity ...................................................................................143

Figure 86 - Provincial installed generating capacity ............................................................................................ 144

Figure 87 - Prince Edward Island electricity generation by source ....................................................................... 144

Figure 88 - New Brunswick electricity sales ........................................................................................................ 145

Figure 89 - Newfoundland and Labrador electricity sales ................................................................................... 145

Figure 90 - Nova Scotia electricity sales ............................................................................................................. 145

Page 12: Canadian wind forecast outlook   executive summary

© 2013 ClearSky Advisors Inc. – Canadian Wind Energy Sector: Market Forecast – Published: 22-Apr-2013

Figure 91 - Prince Edward Island electricity sales ................................................................................................ 146

Figure 92 - Atlantic Canada historical peak demand ........................................................................................... 146

Figure 93 - Atlantic Canada transmission system overview ................................................................................. 152

List of Tables

Table 1 - Ontario - Upcoming Wind Turbine Manufacturing Facilities ................................................................... 19

Table 2 - Ontario - Wind Project Pipeline .............................................................................................................. 21

Table 3 - Ontario - Existing Wind Projects ............................................................................................................ 22

Table 4 - Ontario FIT Priority Points Table ............................................................................................................ 33

Table 5 - Ontario - Transmission Infrastructure Upgrades .................................................................................... 35

Table 6 - Ontario - Market Drivers and Restraints .................................................................................................. 37

Table 7 - Quebec - Wind Project Pipeline .............................................................................................................. 45

Table 8 - Quebec - Existing Wind Projects ............................................................................................................ 46

Table 9 - Quebec - Upgrades to Existing Generation Infrastructure ...................................................................... 51

Table 10 - Quebec - New Generation Projects ...................................................................................................... 52

Table 11 - Quebec - Municipal Permitting ............................................................................................................. 53

Table 12 - Quebec - Provincial Permitting ............................................................................................................ 53

Table 13 - Quebec - Federal Permitting ................................................................................................................ 53

Table 14 - Quebec - Self-generation Programs ..................................................................................................... 55

Table 15 - Quebec - Domestic Content Requirements .......................................................................................... 55

Table 16 - Quebec - Transmission Lines................................................................................................................ 56

Table 17 - Quebec - Transmission Upgrades (under construction) ........................................................................ 57

Table 18 - Quebec - Wind Integration Transmission Upgrades ............................................................................. 57

Table 19 - Quebec - New Transmission Facilities (upgrades under study) ............................................................. 58

Table 20 - Quebec - Distribution Lines ................................................................................................................. 59

Table 21 - Quebec - Market Drivers and Restraints ............................................................................................... 60

Table 22 - Alberta - AESO Connection Process ..................................................................................................... 70

Table 23 - Alberta - Regulated Service Providers .................................................................................................. 74

Table 24 - Alberta - Competitive Retailers ............................................................................................................ 74

Table 25 - Alberta - Northwest Region Transmission Projects ............................................................................... 77

Table 26 - Alberta - Northeast Region Transmission Projects ............................................................................... 78

Table 27 - Alberta - Edmonton Region Transmission Projects ............................................................................... 79

Table 28 - Alberta - Central Region Transmission Projects ................................................................................... 79

Table 29 - Alberta - South Region Transmission Projects ..................................................................................... 80

Table 30 - Alberta - Market Drivers and Restraints ............................................................................................... 81

Table 31 - Alberta - Wind Generation Statistics .................................................................................................... 86

Table 32 - British Columbia - Wind Project Pipeline .............................................................................................. 87

Table 33 - British Columbia - Existing Wind Projects ............................................................................................. 88

Table 34 - British Columbia - Upgrades to Existing Generation Infrastructure ....................................................... 94

Table 35 - British Columbia - Provincial Permitting ............................................................................................... 96

Table 36 - British Columbia - Environmental Assessment Process ........................................................................ 98

Table 37 - British Columbia - Generation Program Summary ................................................................................ 99

Table 38 - British Columbia - Tax Incentives ....................................................................................................... 100

Table 39 - British Columbia - Transmission Upgrades ......................................................................................... 102

Page 13: Canadian wind forecast outlook   executive summary

© 2013 ClearSky Advisors Inc. – Canadian Wind Energy Sector: Market Forecast – Published: 22-Apr-2013

Table 40 - British Columbia - Market Drivers and Restraints ................................................................................103

Table 41 - Manitoba - Existing Wind Projects....................................................................................................... 107

Table 42 - Manitoba - Upcoming Generation Projects ......................................................................................... 111

Table 43 - Manitoba - Classification of Energy Projects ....................................................................................... 112

Table 44 - Manitoba - Provincial and Municipal Permitting .................................................................................. 112

Table 45 - Manitoba - Tax Incentives ................................................................................................................... 113

Table 46 - Manitoba - Distributed Interconnections ............................................................................................114

Table 47 - Manitoba - Transmission and Distribution Upgrades ........................................................................... 115

Table 48 - Saskatchewan - Wind Project Pipeline ................................................................................................116

Table 49 - Saskatchewan - Existing Wind Projects ............................................................................................... 117

Table 50 - Saskatchewan - Self-generation Programs .........................................................................................123

Table 51 - Saskatchewan - Tax Incentives ........................................................................................................... 125

Table 52 - Saskatchewan - Transmission and Distribution Infrastructure Upgrades ............................................. 127

Table 53 - Manitoba and Saskatchewan - Market Drivers and Restraints (Manitoba) .......................................... 127

Table 54 - Manitoba and Saskatchewan - Market Drivers and Restraints (Saskatchewan) .................................. 128

Table 55 - Manitoba and Saskatchewan - Market Drivers and Restraints (joint) .................................................. 128

Table 56 - Atlantic Canada - Wind Project Pipeline (New Brunswick) ...................................................................134

Table 57 - Atlantic Canada - Wind Project Pipeline (Nova Scotia) ........................................................................134

Table 58 - Atlantic Canada - Wind Project Pipeline (Prince Edward Island) .......................................................... 135

Table 59 - Atlantic Canada - Existing Wind Projects (New Brunswick) ................................................................. 135

Table 60 - Atlantic Canada - Existing Wind Projects (Nova Scotia) ...................................................................... 136

Table 61 - Atlantic Canada - Existing Wind Projects (Newfoundland and Labrador) ............................................. 137

Table 62 - Atlantic Canada - Existing Wind Projects (Prince Edward Island) ......................................................... 137

Table 63 - Atlantic Canada - Provincial Utilities ...................................................................................................143

Table 64 - Atlantic Canada - Upcoming Generation Projects ............................................................................... 147

Table 65 - Atlantic Canada - Provincial Permitting (Nova Scotia) ........................................................................ 148

Table 66 - Atlantic Canada - Provincial Permitting (New Brunswick), ................................................................. 149

Table 67 - Atlantic Canada - Provincial Permitting (Prince Edward Island) .......................................................... 149

Table 68 - Atlantic Canada - Renewable Energy Targets .................................................................................... 150

Table 69 - Atlantic Canada - Renewable Energy Generation Initiatives ............................................................... 150

Table 70 - Atlantic Canada - Self-generation Programs ...................................................................................... 152

Table 71 - Atlantic Canada - Transmission Infrastructure Upgrades ..................................................................... 153

Table 72 - Atlantic Canada - Market Drivers and Restraints ................................................................................. 153

Page 14: Canadian wind forecast outlook   executive summary

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confidentiality of passwords that govern electronic access to the Reports as you do for your confidential information, b)

only permit access to the Reports by employees at the Authorized Location (s) if this is a Corporate License, and c) not

permit unauthorized users to access the Reports. Neither the Reports, nor the information contained therein, nor the

ClearSky Advisors name or any ClearSky Advisors trademark, may be used in whole or in part for advertising, for

reference or inclusion in investor materials, or any other purpose without our prior permission in writing. We shall only

be liable to you under this Agreement for direct damages and we shall have no liability for you for indirect,

consequential, special, or punitive damages. Our aggregate liability to you for all matters and claims arising out of or

relating to this Agreement or the Reports or other materials or services provided by ClearSky Advisors to you shall not

exceed the amount that you paid to us under this Agreement in the 6-month period prior to the occurrence of the

claim.

The material we provide and responses to the inquiries will reflect our judgement based upon the information available

to us. We disclaim any other representations or warranties, express or implied or statutory, including without limitation

any implied warranties of merchantability, or fitness for a particular purpose.

This agreement shall be interpreted according to the laws of the Province of Ontario, exclusive of its principles of

conflicts of law. All lawsuits and other proceedings relating to this Agreement or ClearSky Advisors’ services shall be

brought in the courts in the Province of Ontario. If you are using a purchase order to acquire ClearSky Advisors’

research, both parties agree that the terms of these General Provisions shall govern and that any terms in the Purchase

Order shall not apply. This Agreement represents the entire agreement between you and us related to the subject

matter hereof and superseded and prior or contemporaneous communications.