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Renewable Power in Nova Scotia

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NS22111bCA

Renewable Power in Nova Scotia industry analysis

Revenue for the Renewable Power industry in Nova Scotia is expected to grow 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 increased an annualized x.x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow 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 grow x.x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Renewable Power in Nova Scotia Market Research Report

What’s Included in the Renewable Power in Nova Scotia Market Research Report

Definition of the Renewable Power in Nova Scotia?

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 Nova Scotia?

The Renewable Power in Nova Scotia 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 Nova Scotia 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 Nova Scotia

Benchmark the Renewable Power in Nova Scotia industry performance with all NS Census Metropolitan Area and national performance.

Renewable Power in Nova Scotia

#8 in Highest Revenue 1.1% 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 Nova Scotia

See how key industry drivers, such as population, median houshold income, private investment in non-residential construction, electric power consumption, price of electric power and world price of natural gas are impacting Renewable Power in Nova Scotia

Nova Scotia Economic Indicators

Population
Median Houshold Income
Private Investment in Non-Residential Construction

View more economic information in NS 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 Nova Scotia

Access proprietary data on Census Metropolitan Area in the Renewable Power in Nova Scotia, such as Halifax. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Renewable Power industry in Nova Scotia

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 Nova Scotia in 2025?

The market size of the Renewable Power industry in Nova Scotia is $423.1m in 2025.

How many businesses are there in the Renewable Power industry in Nova Scotia in 2025?

There are 12 businesses in the Renewable Power industry in Nova Scotia, which has been growing at an average annual rate of 5.9% from 2020 to 2025.

Has the Renewable Power industry in Nova Scotia grown or declined over the past 5 years?

The market size of the Renewable Power industry in Nova Scotia has been growing at an average annual rate of 4.3% from 2020 to 2025.

How many employees in the Renewable Power industry in Nova Scotia in 2025?

There are 300 employees in the Renewable Power industry in Nova Scotia, which has been growing at an average annual rate of 6.2% from 2020 to 2025.