Canada Energy Regulator has released its latest round of long-term energy scenarios
CER provides narrow view of Canada’s oil production future
The worst possible future for the country’s oil producers goes underexplored in scenario planning
The Canada Energy Regulator (CER) released Canada’s Energy Future 2021, its latest round of long-term energy scenarios, in early December. It introduced three scenarios—Current Policies, Evolving Policies and Towards Net-Zero—early in the report (see Fig.1). But, perhaps tellingly, it provided fully modeled results for only the two lower-carbon scenarios that are relatively benign for the future of Canadian output. By failing to do so for its Towards Net-Zero scenario, the CER has provided a much narrower of view of Canada’s potential oil production going forward. Ironically, the regulator implicitly acknowledges this point when it writes that production levels could be “significantly lower”
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
