Working Report on Industry Metrics
for the Canadian Wind Energy Sector 2008
Prologue
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The Working Report on Industry Metrics for the Canadian Wind Energy Sector 2008 is the first comprehensive report completed in partnership by Industry Canada, CanWEA, and KPMG on the Canadian wind energy sector. This profile is designed to provide a foundation for gathering and identifying key performance indicators that can ultimately be used to provide an objective assessment of the strength of Canada's current wind sector within the Canadian economy and the increasingly competitive global wind industry.
This initiative is in response to the need for current information on the state of the Canadian wind energy sector and will, over time, provide the business intelligence needed to encourage investment in Canada's wind sector. Potential investors, customers, policy makers, and other stakeholders will obtain some understanding of the economic impact and characteristics of the Canadian wind energy industry as of the end of 2008. Eight key performance indicators of the wind energy sector are evaluated: revenue, research and development, research partnerships, employment, sources of funding, level of investment, import/export trends, and forecast market dynamics.
Participation rates were not high enough to allow this paper to serve as a baseline for future analysis of the sector, but we wish to stress that both Industry Canada and CanWEA are committed to achieving a higher participation rate in future surveys. Only then will a solid foundation be built to fairly represent the wind industry. From this baseline, true analysis can be conducted, and trends and opportunities identified.
It is intended that the information provided in this report will be updated annually in order to highlight and benchmark the emerging key economic results, industry trends, and developments over time of a sector that is very important to the Canadian economy. Subsequent publications may be expanded to include three types of stakeholders: corporate, government, academia, and non–profit organizations. We thank all of the companies and organizations that contributed to the development of the Working Report on Industry Metrics for the Canadian Wind Energy Sector 2008.
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