Abstract
Canada’s clean energy transition is entering a decisive phase. Electricity demand is projected to increase two to threefold by 2050 as transportation, buildings, and industry electrify, and new markets emerge such as data centres and green fuel production. Meeting this demand while maintaining affordability, reliability, and energy security will require a significant expansion of clean electricity supply and infrastructure.
Marine renewable energy - offshore wind, tidal, wave, and river current - offers Canada a uniquely powerful solution. With vast coastlines, strong winds, and powerful tides, Canada is among the most resource-rich marine renewable jurisdictions in the world. These resources can deliver large-scale, predictable and reliable clean power, strengthen grid resilience, reduce reliance on fossil fuels, and support economic development across coastal, rural, northern, and Indigenous communities.
This Marine Renewable Energy Sector Vision 2050 sets out a practical, phased pathway for realizing that opportunity. Grounded in government priorities, electricity demand projections, industry engagement, and Canada’s marine resource potential, it outlines what can be achieved by 2030, 2040, and 2050 - and the actions required to get there.