Canada Wind Power Market: Expected Expansion of 4.63% CAGR by 2028
Canada Wind Power Market is expected to grow owing to growing public awareness and support for renewable energy, along with concerns about climate change throughout the forecast period. According to TechSci Research report, “ Canada Wind Power Market – By Region, Competition, Forecast and Opportunities, 2018-2028”, Canada Wind Power Market is expected to register robust growth during the forecast period. Government policies and incentives at both the federal and provincial levels play a significant role in driving the wind power market. Programs such as Renewable Portfolio Standards (RPS), Feed-in Tariffs (FIT), and tax incentives provide financial support and regulatory frameworks for wind energy projects. The Canadian government and several provincial governments have set ambitious renewable energy targets and implemented policies to support the growth of wind power. These policies include Renewable Portfolio Standards (RPS), Feed-in Tariffs (FIT), and Renewable En...