With 15 hydroelectric projects (valued at $34 billion) now underway across Canada, over 12,600 megawatts of new power is expected to come online in the next few years. And that’s only a quarter of the total value of the 2013 Top 100: Canada’s Biggest Infrastructure Projects.
ReNew Canada’s annual Top 100: Canada’s Biggest Infrastructure Projects report is dominated by hydroelectric megaprojects this year. The top three projects on the list are hydroelectric generating facilities, starting with this year’s number one project, the $7.9-billion Site C Clean Energy Project in Fort St. John, British Columbia. The fifteen hydroelectric projects on the list outnumber all other major project categories, with health care, highway, LRT, and wind projects following close behind.
The controversial Muskrat Falls Hydroelectric Project in Newfoundland and Labrador ranks at number 12, with the associated transmission project, Maritime Transmission Link, landing at number 41.
“Last year’s number one project was a transit project—Toronto’s notorious Eglinton Crosstown LRT, down at five this year due to a reversion to the original design scheme. This year, energy is back on top,” says ReNew Canada’s editor, Mira Shenker. “Of course, by ‘top,’ we mean most expensive. Projects are ranked by dollar value,” she added.
Fast Facts for the 2013 Top 100 Projects:
The total value of the Top100 list is $146 billion—up from last year, an indicator of growth in Canada’s engineering and construction industry
Hydro accounts for 12,631 megawatts of the total 20,930 megawatts of electricity coming online
59 per cent ($34.06 billion) of the total energy projects on the list ($57.66 billion) are hydroelectric projects
There are 49 new projects on this year’s Top 100, 25 of which are in the energy sector
There are 27 public-private partnerships on the list, a total value of $25.52 billion
There are six new transit projects on this year’s list—five of which are LRT projects
The total value of the nine new transportation (highways, roads) projects on the list is $26.13 billion (compared to the $9.3 billion invested in new transit projects)
Visit the Top 100 site to sort the list by categories such as cost, location, funding source, and key player.
Download or view stats related to funding and financing models, sector breakdowns, and other analysis of the Top100 projects at flickr.com/photos/top100projects
For a full copy of the report, contact Mira Shenker
Editor, ReNew Canada
416.444.5842 x 113