Canada is phasing out coal nation-wide due to its ‘dirty’ characteristics and moving on to LNG for electricity generation. Currently coal accounts for approximately 13~14% of Canadian power generation and hydroelectricity remain dominant with around 65%.
last of the coal-fired generation plants are expected to shut down (with the extension of life) around the 2030s, resulting in the attempt to sell coal assets by numerous mining companies to players whose coal demand is still strong such as China to dispose of the soon-to-be unnecessary coal assets.
Natural gas currently generates around 6-7% of total energy Canadians use and is projected to increase. Supply-wise, there is no worry as many natural gas deposits are being developed.