Facts about Atlantic Canada’s Energy Sector:

  • There is more than $40 billion in planned capital spending on projects across Atlantic Canada beginning before 2030.

The Atlantica Centre for Energy closely monitors energy news across Atlantic Canada, including public investment decisions and new energy and economic research. The Centre calculated an estimated $42 billion in capital spending is planned on energy projects across the region beginning before 2030. These projects include:

*It is important to note this list is not all encompassing, and there is no guarantee all these projects will be developed.

** Advanced small modular reactors (aSMRs) are being developed in New Brunswick and are outlined in NB Power’s 2023 Integrated Resource Plan. These costs are not included in the investment forecasts as development costs have not been made public yet.



  • List of projects included were selected based on publicly available data.