• Sign up for the Daily Digest E-mail
  • Facebook
  • X
  • LinkedIn

BOE Report

Sign up
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

NEB releases Canadian Energy Dynamics report, a retrospective of energy markets in 2015

February 12, 20168:02 AM CNW

CALGARY, Feb. 12, 2016 /CNW/ – Today, the National Energy Board (NEB) released Canadian Energy Dynamics: Highlights of 2015.  This report provides insight, statistics and regional descriptions that frame the key developments in Canada’s energy markets in 2015.

Dynamic changes in supply, demand, and infrastructure continually shape Canada’s energy sector. 2015 saw a six-year low in crude oil prices, with West Texas Intermediate (WTI) ending the year around $35 per barrel. Natural gas prices also remained low in 2015.

Canadian exports of electricity reached a record high of 58 terawatt hours in 2015 due to new supply and lower than expected domestic demand. In addition, non-hydro renewable capacity continued to grow in 2015, with solar capacity expanding by 11 per cent and wind capacity growing by 8 per cent; however, annual additions of non-hydro renewable capacity slowed considerably in 2015.

The NEB actively monitors energy market changes and produces independent, fact-based energy information. The findings and analyses presented in Canadian Energy Dynamics are one part of the NEB’s energy information program and its continued efforts to promote energy knowledge and dialogue in Canada.

Quick Facts

  • The price of WTI crude oil declined 48 per cent in 2015 from 2014, ending the year at a six-year low of $35/barrel.
  • The Montney region of northeast B.C. now produces a quarter of the natural gas produced in the WCSB.
  • Canadian electricity exports hit a record high of 58 terawatt hours.
  • Non-hydro renewable capacity continued to grow in 2015 with solar capacity expanding by 11 per cent and wind capacity growing by 8 per cent.

Quotes

“We know that Canadians want to be a part of our country’s energy dialogue.  Reports such as Canadian Energy Dynamics help shape the conversation by providing Canadians with independent, concise and fact rich information that allows them to better understand energy markets.”
Peter Watson
Chair and CEO National Energy Board

Related Products

  • Canadian Energy Dynamics: Highlights of 2015

The National Energy Board is an independent federal regulator of several parts of Canada’s energy industry with the safety of Canadians and protection of the environment as its top priority. Its purpose is to regulate pipelines, energy development and trade in the Canadian public interest. For more information on the NEB and its mandate, please visit www.neb-one.gc.ca.

SOURCE National Energy Board

Montney

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Discount on Western Canada Select widens
  • European Commission proposes Russian oil price cap 15% below global price
  • US oil/gas rig count down for 11th week to lowest since 2021, Baker Hughes says
  • Taiwan’s CPC Corp eyes US shale gas assets, sources say
  • Saudi Arabia complying fully with voluntary OPEC+ target, energy ministry says

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2025 Stack Technologies Ltd.