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Report Lays Out Two Different Energy Scenarios for Canada

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SUGAR LAND--December 24, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Canada's crude oil production will decrease by 7% this year because of the COVID-19 pandemic, but fossil fuels would still make up more than 60% of Canada's fuel mix by 2050 under a "Reference Energy Scenario," contained in a recent report by the government's Canada Energy Regulator (CER). However, under the report's "Evolving Energy Scenario," fossil fuel consumption already peaked in 2019 and will be 35% lower by 2050.

Within this article: The "Canada's Energy Future 2020: Energy Supply and Demand Projections to 2050 " report.

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Industry Segment: Power
Word Count: 1242 Words
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