Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable (naturally replenished). In 2008, about 19% of global final energy consumption came from renewables, with 13% coming from traditional biomass, which is mainly used for heating, and 3.2% from hydroelectricity. New renewables (small hydro, modern biomass, wind, solar, geothermal, and biofuels) accounted for another 2.7% and are growing very rapidly. The share of renewables in electricity generation is around 18%, with 15% of global electricity coming from hydroelectricity and 3% from new renewables.
Dryden's cooler climate actually allows systems to be more efficient, as cooler weather allows for electricity to move along electrical lines with less line loss and modules to operate more efficiently.
Northern Ontario Heritage Fund Corporation (NOHFC)
By pursuing innovative solutions to renewable energy generation and conservation, northerners will be able to reduce their costs of energy consumption and position the North for future growth. This Northern Energy program
available through the Northern Ontario Heritage Fund Corporation (NOHFC) is designed to help northern organizations to capitalize on energy opportunities, pursue clean alternatives and reduce their demand on external energy sources.
Canada has long been committed to increasing energy efficiency. Building on the success of the ecoENERGY programs
, which represent a $3.6-billion investment, Canada has achieved significant improvements in energy conservation and efficiency in every sector of our economy.
Canada Makes Renewable Energy Investment Attractive
A mix of grant, loan and other incentive programs are beckoning companies in the renewable energy industry to locate in Canada.