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AbstractAbstract
[en] Electricity consumption in Canada bore a fixed relationship to real Gross National Product (GNP) throughout the period 1961 to 1979, with an annual growth rate equal to 1.275 times GNP growth rate. Data for the Province of Ontario reveal a similar correlation, but suggest an accelerated demand relative to Gross Provincial Product since 1973, perhaps due to cost-induced substitution of electricity for oil. Electricity demand growth and economic expansion are seen to be mutually reinforcing. High and low values are estimated for future growth rates of population and per-capita GNP. Combined with appropriate rates of oil substitution, these yield projections of electricity demand growth to the end of the century. Electricity demand is likely to grow at close to the traditional rate of 7% per annum unless economic stagnation continues, population growth is minimal, and electricity fails to substitute for oil on a significant scale
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Oct 1981; 28 p
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