Mobile Menu

Thermal Power in Alberta

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS AB22111aCA

Thermal Power in Alberta industry analysis

Revenue for the Thermal Power industry in Alberta is expected to decline an annualized -x.x% to $x.x billion 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 decreased an annualized -x.x% to x,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 grow an annualized x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Thermal Power in Alberta Market Research Report

What’s Included in the Thermal Power in Alberta Market Research Report

Definition of the Thermal Power in Alberta?

The Thermal Power industry in Canada comprises nuclear power plants and fossil-fuel power plants, such as coal and natural gas. Biomass power, which also uses thermal energy, is considered a renewable energy source and isn't included in this industry.

What’s included in the Thermal Power in Alberta?

The Thermal Power in Alberta includes generating electricity through nuclear power plants, generating electricity through coal power plants, generating electricity through natural gas power plants and generating electricity through other fossil-fuel power plants. Related terms covered in the Thermal Power in Alberta 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 and technology that reduces the emissions from the burning of coal.

Industry Performance of the Thermal Power industry in Alberta

Benchmark the Thermal Power in Alberta industry performance with all AB Census Metropolitan Area and national performance.

Thermal Power in Alberta

#1 in Highest Revenue 36% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Thermal 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 Thermal Power industry in Alberta

See how key industry drivers, such as private investment in non-residential construction, population, gross domestic product, electric power consumption, price of electric power and world price of uranium are impacting Thermal Power in Alberta

Alberta Economic Indicators

Private Investment in Non-Residential Construction
Population
Gross Domestic Product

View more economic information in AB State Economic profile

Canada Key External Drivers

Electric power consumption
Price of electric power
World price of uranium

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

Census Metropolitan Area Data of the Thermal Power industry in Alberta

Access proprietary data on Census Metropolitan Area in the Thermal Power in Alberta, such as Calgary, Edmonton and Grande Prairie. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Thermal Power industry in Alberta

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

Need a deeper insight?
Get a free tour.

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Thermal Power industry in Alberta in 2025?

The market size of the Thermal Power industry in Alberta is $6.8bn in 2025.

How many businesses are there in the Thermal Power industry in Alberta in 2025?

There are 40 businesses in the Thermal Power industry in Alberta, which has been growing at an average annual rate of 0.5% from 2020 to 2025.

Has the Thermal Power industry in Alberta grown or declined over the past 5 years?

The market size of the Thermal Power industry in Alberta has been declining at an average annual rate of -2.1% from 2020 to 2025.

How many employees in the Thermal Power industry in Alberta in 2025?

There are 5,642 employees in the Thermal Power industry in Alberta, which has been declining at an average annual rate of -0.8% from 2020 to 2025.