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Renewable Power in New Brunswick

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NB22111bCA

Renewable Power in New Brunswick industry analysis

Revenue for the Renewable Power industry in New Brunswick is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xx locations over the past five years. Industry employment has decreased an annualized -x.x% to xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to decline -x% to xx locations over the next five years. Industry employment is expected to decrease an annualized -x% to xxx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Renewable Power in New Brunswick Market Research Report

What’s Included in the Renewable Power in New Brunswick Market Research Report

Definition of the Renewable Power in New Brunswick?

Renewable power producers generate power by harnessing resources that are replenished naturally. Facilities include hydro, solar, wind, geothermal, biomass and other types of power plants that use renewable energy. Renewable power typically emits fewer pollutants than fossil fuel power generators.

What’s included in the Renewable Power in New Brunswick?

The Renewable Power in New Brunswick includes generating electricity through hydraulic turbines, generating electricity through tidal power, generating electricity through solar panels, generating electricity through wind turbines, generating electricity through biomass generators, generating electricity through geothermal power and generating electricity through other forms of renewable power. Related terms covered in the Renewable Power in New Brunswick industry report includes businesses or enterprises that are owned solely by the federal or provincial governments, the amount of energy required to produce one watt of power for one second, energy that is typically composed of heat that is stored in the earth and biological material that typically comprises plants and plant material.

Industry Performance of the Renewable Power industry in New Brunswick

Benchmark the Renewable Power in New Brunswick industry performance with all NB Census Metropolitan Area and national performance.

Renewable Power in New Brunswick

#7 in Highest Revenue 1.9% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Renewable Power in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Renewable Power industry in New Brunswick

See how key industry drivers, such as median houshold income, private investment in non-residential construction, gross domestic product, electric power consumption, price of electric power and world price of natural gas are impacting Renewable Power in New Brunswick

New Brunswick Economic Indicators

Median Houshold Income
Private Investment in Non-Residential Construction
Gross Domestic Product

View more economic information in NB State Economic profile

Canada Key External Drivers

Electric power consumption
Price of electric power
World price of natural gas

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Renewable Power industry in New Brunswick

Access proprietary data on Census Metropolitan Area in the Renewable Power in New Brunswick, such as Saint John, Fredericton and Bathurst. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Renewable Power industry in New Brunswick

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Renewable Power industry in New Brunswick in 2025?

The market size of the Renewable Power industry in New Brunswick is $728.2m in 2025.

How many businesses are there in the Renewable Power industry in New Brunswick in 2025?

There are 21 businesses in the Renewable Power industry in New Brunswick, which has been declining at an average annual rate of -2.6% from 2020 to 2025.

Has the Renewable Power industry in New Brunswick grown or declined over the past 5 years?

The market size of the Renewable Power industry in New Brunswick has been declining at an average annual rate of -5.1% from 2020 to 2025.

How many employees in the Renewable Power industry in New Brunswick in 2025?

There are 519 employees in the Renewable Power industry in New Brunswick, which has been declining at an average annual rate of -3.2% from 2020 to 2025.