The National Energy Board’s (NEB) Energy Futures series explores how possible energy pathways might unfoldfor Canadians over the long term. Canada’s Energy Future 2018: Supply and Demand Projections to 2040(EF2018) considers four different cases including: a) The Reference Case, based on a current economic outlook, amoderate view of energy prices and technological improvements, and climate and energy policies announced atthe time of analysis; and b) The Technology Case, which pushes past the policy and technology boundariesspecific to the Reference Case and includes greater global climate policy action and low carbon technologyadoption. It provides one potential view of what a faster transition enabled by stronger long-term carbon policy,faster uptake of technologies such as electric vehicles, and lower cost of renewables would mean for Canada’senergy future.
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