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Renewable Power in Northwest Territories

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NT22111bCA

Renewable Power in Northwest Territories industry analysis

Revenue for the Renewable Power industry in Northwest Territories 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 stagnated an annualized x% to x locations over the past five years. Industry employment has decreased an annualized -x.x% to xx 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.x% to x locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to xx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Renewable Power in Northwest Territories Market Research Report

What’s Included in the Renewable Power in Northwest Territories Market Research Report

Definition of the Renewable Power in Northwest Territories?

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 Northwest Territories?

The Renewable Power in Northwest Territories 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 Northwest Territories 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 Northwest Territories

Benchmark the Renewable Power in Northwest Territories industry performance with all NT Census Metropolitan Area and national performance.

Renewable Power in Northwest Territories

#11 in Highest Revenue 0.2% 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 Northwest Territories

See how key industry drivers, such as population, gross domestic product, private investment in non-residential construction, electric power consumption, price of electric power and world price of natural gas are impacting Renewable Power in Northwest Territories

Northwest Territories Economic Indicators

Population
Gross Domestic Product
Private Investment in Non-Residential Construction

View more economic information in NT 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 Northwest Territories

Key Statistics of the Renewable Power industry in Northwest Territories

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 Northwest Territories in 2025?

The market size of the Renewable Power industry in Northwest Territories is $65.1m in 2025.

How many businesses are there in the Renewable Power industry in Northwest Territories in 2025?

There are 3 businesses in the Renewable Power industry in Northwest Territories, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Renewable Power industry in Northwest Territories grown or declined over the past 5 years?

The market size of the Renewable Power industry in Northwest Territories has been declining at an average annual rate of -5.4% from 2020 to 2025.

How many employees in the Renewable Power industry in Northwest Territories in 2025?

There are 46 employees in the Renewable Power industry in Northwest Territories, which has been declining at an average annual rate of -3.9% from 2020 to 2025.