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This report is the third in the Fraser Institute?s Continental Energy Strategy for North America series. It provides a current and comprehensive overview of the electricity sector in Canada, the United States, and Mexico, and an assessment of the required infrastructure development over the next decade.

Market-driven development of the continent?s energy resources and endowments can bring economic benefits to North Americans in the form of expanded employment opportunities and income, improved living standards, energy price stability, and greater security of energy supply. This report addresses the magnitude of investment that will be required in electricity infrastructure in North America and also identifies some of the market, regulatory, and other challenges associated with the materialization of such investments.

The report concludes with a series of policy recommendations that, if implemented, will help alleviate and solve some of the identified challenges associated with the required proper, cost-efficient, and timely development of electricity infrastructure in North America. The main goal of the policy recommendations is to ensure that policy and institutional frameworks are as conducive as possible to the development of North America?s energy resources in light of current market conditions, legitimate environmental concerns, and global investment opportunities.