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January 08, 2021ELECTRIC POWER, OCTOBER 2020 During the COVID-19 pandemic, the DailyStats will examine a broader range of indicators to identify signals of rapidly changing economic activity.
Electric power consumption (here shown as electric power available for use within a geographic area) aligns with broad economic activity. There are distinct seasonal patterns to electric power volumes with peaks for most provinces in January.
In October 2020, there was a total of 741,495 Megawatt hours of electric power available for use in Nova Scotia. This was a 0.1% decrease compared to October 2019.
Through the first 10 months of 2020, Nova Scotia's electric power available for use was down 5.8% compared with the total for Jan-Oct 2019. National electric power was down 2.4% with declines in all provinces. The largest declines were reported in Prince Edward Island and Nova Scotia. The smallest declines were observed in Manitoba, Saskatchewan and Ontario.
Nova Scotia's electric power available for use in April and May declined by more than the usual amount for these months of the year, and also remained below typical patterns for July and August. By September and October, Nova Scotia's electric power available was more consistent with the same months in previous years.
Across Canada, electric power available for use largely fell within previously observed seasonal patterns in October, but Ontario and New Brunswick reported higher electricity available for use than in recent years.
Source: Statistics Canada. Table 25-10-0016-01 Electric power generation, monthly receipts, deliveries and availability
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