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OTTAWA, Ontario, CA, August 30, 2006 (Refocus
Weekly)
Canada realized annual revenue from renewable
energy technologies of Cdn$169 million in 2004, an increase of 19.7%
over 2002, with construction of renewable energy facilities
increasing 681% over the two years.
Technologies used to produce solar and wind energy, combined with
technologies used in energy conservation, accounted for two-thirds
of total revenues from sales of technologies and services in 2004
that reduce GHG emissions, according to the Environment Industry
Survey from the national data agency, Statistics Canada. In total,
Canadian companies earned $737.3 million from the sale of such
technologies and services in 2004, up 16.6% from $632.3 million in
2002.
Technologies to provide solar and wind energy accounted for 23% of
that total, while technologies to conserve energy and improve
efficiency accounted for 43%. Provision of services to reduce GHG
emissions contributed $104.1 million in revenues, with installation,
maintenance and consulting in both renewables and efficiency
representing most of that revenue. Construction of renewable energy
production facilities generated revenue of $17.2 million in 2004,
compared with $2.2 million in 2002, while other renewable energy
production was $6.9 million, up 22.4% from $5.6 million in 2002.
Cogeneration, methane capture, waste-to-energy conversion had 2004
revenues of $223.3 million, up 171% from $8.6 million in 2002, while
revenue from the sale of fuel cells and alternative fuel
technologies amounted to $95.2 million, down 19.1% from 2002.
Technologies covered in the survey have an impact on cutting GHG
emissions and include systems which optimize energy use in
manufacturing processes, the report explains. “Technologies that
result in energy savings contribute to reduced GHG emissions, even
though the use of these technologies may be driven by economic
rather than environmental considerations.”
While solar, wind and small hydro rose 19.7% to $169 million, energy
conservation and efficiency rose 32% to $318 million. All services
for reducing GHG emissions rose 1.1% to $104 million in 2004,
resulting in a sector total of $737.3 million, up 16.6% from the
2002 total of $632.3 million.
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