To meet current and future demand, the world needs energy from all sources: hydrocarbons, natural gas and renewable power. As demand for lower-carbon energy sources continues to grow, it is expected that renewable power will account for a larger share of the collective energy mix.
We are actively engaged in realizing the new business opportunities that are resulting from this transition. We are one of the largest investors in renewable power in Canada and a growing presence in the U.S. and European markets. To date, we have invested nearly $5 billion in renewable and alternative energy projects globally and plan to double our generating capacity by 2019.