Table of Contents Introduction 9 What is this report about? 9 Who is the target reader? 9 How to use this report 9 Definitions 9 NAFTA power generation 10 Industry Outlook 10 Power Generation in Canada 13 Market Overview 13 Market Data 14 Market Segmentation 16 Market outlook 17 Five forces analysis 19 Macroeconomic indicators 25 Power Generation in Mexico 27 Market Overview 27 Market Data 28 Market Segmentation 30 Market outlook 31 Five forces analysis 33 Macroeconomic indicators 39 Power Generation in The United States 41 Market Overview 41 Market Data 42 Market Segmentation 44 Market outlook 45 Five forces analysis 47 Macroeconomic indicators 53 Company Profiles 55 Leading Companies 55 Appendix 96 Methodology 96 About MarketLine 97

List of Tables Table 1: NAFTA countries power generation industry, revenue ($bn), 2013-22 Table 2: NAFTA countries power generation industry, revenue ($bn), 2013-17 Table 3: NAFTA countries power generation industry forecast, revenue ($bn), 2017-22 Table 4: Canada power generation industry value: $ billion, 2013–17 Table 5: Canada power generation industry volume: TWh, 2013–17 Table 6: Canada power generation industry geography segmentation: $ billion, 2017 Table 7: Canada power generation industry value forecast: $ billion, 2017–22 Table 8: Canada power generation industry volume forecast: TWh, 2017–22 Table 9: Canada size of population (million), 2013–17 Table 10: Canada gdp (constant 2005 prices, $ billion), 2013–17 Table 11: Canada gdp (current prices, $ billion), 2013–17 Table 12: Canada inflation, 2013–17 Table 13: Canada consumer price index (absolute), 2013–17 Table 14: Canada exchange rate, 2013–17 Table 15: Mexico power generation industry value: $ billion, 2013–17 Table 16: Mexico power generation industry volume: TWh, 2013–17 Table 17: Mexico power generation industry geography segmentation: $ billion, 2017 Table 18: Mexico power generation industry value forecast: $ billion, 2017–22 Table 19: Mexico power generation industry volume forecast: TWh, 2017–22 Table 20: Mexico size of population (million), 2013–17 Table 21: Mexico gdp (constant 2005 prices, $ billion), 2013–17 Table 22: Mexico gdp (current prices, $ billion), 2013–17 Table 23: Mexico inflation, 2013–17 Table 24: Mexico consumer price index (absolute), 2013–17 Table 25: Mexico exchange rate, 2013–17 Table 26: United States power generation industry value: $ billion, 2013–17 Table 27: United States power generation industry volume: TWh, 2013–17 Table 28: United States power generation industry geography segmentation: $ billion, 2017 Table 29: United States power generation industry value forecast: $ billion, 2017–22 Table 30: United States power generation industry volume forecast: TWh, 2017–22 Table 31: United States size of population (million), 2013–17 Table 32: United States gdp (constant 2005 prices, $ billion), 2013–17 Table 33: United States gdp (current prices, $ billion), 2013–17 Table 34: United States inflation, 2013–17 Table 35: United States consumer price index (absolute), 2013–17 Table 36: United States exchange rate, 2013–17 Table 37: BC Hydro: key facts Table 38: BC Hydro: key financials ($) Table 39: BC Hydro: key financials (C$) Table 40: BC Hydro: key financial ratios Table 41: Engie: key facts Table 42: Engie: key financials ($) Table 43: Engie: key financials (€) Table 44: Engie: key financial ratios Table 45: Hydro-Quebec: key facts Table 46: Hydro-Quebec: key financials ($) Table 47: Hydro-Quebec: key financials (C$) Table 48: Hydro-Quebec: key financial ratios Table 49: Ontario Power Generation Inc.: key facts Table 50: Ontario Power Generation Inc.: key financials ($) Table 51: Ontario Power Generation Inc.: key financials (C$) Table 52: Ontario Power Generation Inc.: key financial ratios Table 53: Comision Federal de Electricidad: key facts Table 54: Comision Federal de Electricidad: key financials ($) Table 55: Comision Federal de Electricidad: key financials (MXN) Table 56: Comision Federal de Electricidad: key financial ratios Table 57: Enel SpA: key facts Table 58: Enel SpA: key financials ($) Table 59: Enel SpA: key financials (€) Table 60: Enel SpA: key financial ratios Table 61: Gas Natural Fenosa: key facts Table 62: Gas Natural Fenosa: key financials ($) Table 63: Gas Natural Fenosa: key financials (€) Table 64: Gas Natural Fenosa: key financial ratios Table 65: Dominion Resources, Inc.: key facts Table 66: Dominion Resources, Inc.: key financials ($) Table 67: Dominion Resources, Inc.: key financial ratios Table 68: Duke Energy Corporation: key facts Table 69: Duke Energy Corporation: key financials ($) Table 70: Duke Energy Corporation: key financial ratios Table 71: NextEra Energy, Inc.: key facts Table 72: NextEra Energy, Inc.: key financials ($) Table 73: NextEra Energy, Inc.: key financial ratios Table 74: The Southern Company: key facts Table 75: The Southern Company: key financials ($) Table 76: The Southern Company: key financial ratios List of Figures Figure 1: Canada power generation industry value: $ billion, 2013–17 Figure 2: NAFTA countries power generation industry, revenue ($bn), 2013-17 Figure 3: NAFTA countries power generation industry forecast, revenue ($bn), 2017-22 Figure 4: Canada power generation industry value: $ billion, 2013–17 Figure 5: Canada power generation industry volume: TWh, 2013–17 Figure 6: Canada power generation industry geography segmentation: % share, by value, 2017 Figure 7: Canada power generation industry value forecast: $ billion, 2017–22 Figure 8: Canada power generation industry volume forecast: TWh, 2017–22 Figure 9: Forces driving competition in the power generation industry in Canada, 2017 Figure 10: Drivers of buyer power in the power generation industry in Canada, 2017 Figure 11: Drivers of supplier power in the power generation industry in Canada, 2017 Figure 12: Factors influencing the likelihood of new entrants in the power generation industry in Canada, 2017 Figure 13: Factors influencing the threat of substitutes in the power generation industry in Canada, 2017 Figure 14: Drivers of degree of rivalry in the power generation industry in Canada, 2017 Figure 15: Mexico power generation industry value: $ billion, 2013–17 Figure 16: Mexico power generation industry volume: TWh, 2013–17 Figure 17: Mexico power generation industry geography segmentation: % share, by value, 2017 Figure 18: Mexico power generation industry value forecast: $ billion, 2017–22 Figure 19: Mexico power generation industry volume forecast: TWh, 2017–22 Figure 20: Forces driving competition in the power generation industry in Mexico, 2017 Figure 21: Drivers of buyer power in the power generation industry in Mexico, 2017 Figure 22: Drivers of supplier power in the power generation industry in Mexico, 2017 Figure 23: Factors influencing the likelihood of new entrants in the power generation industry in Mexico, 2017 Figure 24: Factors influencing the threat of substitutes in the power generation industry in Mexico, 2017 Figure 25: Drivers of degree of rivalry in the power generation industry in Mexico, 2017 Figure 26: United States power generation industry value: $ billion, 2013–17 Figure 27: United States power generation industry volume: TWh, 2013–17 Figure 28: United States power generation industry geography segmentation: % share, by value, 2017 Figure 29: United States power generation industry value forecast: $ billion, 2017–22 Figure 30: United States power generation industry volume forecast: TWh, 2017–22 Figure 31: Forces driving competition in the power generation industry in the United States, 2017 Figure 32: Drivers of buyer power in the power generation industry in the United States, 2017 Figure 33: Drivers of supplier power in the power generation industry in the United States, 2017 Figure 34: Factors influencing the likelihood of new entrants in the power generation industry in the United States, 2017 Figure 35: Factors influencing the threat of substitutes in the power generation industry in the United States, 2017 Figure 36: Drivers of degree of rivalry in the power generation industry in the United States, 2017 Figure 37: BC Hydro: revenues & profitability Figure 38: BC Hydro: assets & liabilities Figure 39: Engie: revenues & profitability Figure 40: Engie: assets & liabilities Figure 41: Hydro-Quebec: revenues & profitability Figure 42: Hydro-Quebec: assets & liabilities Figure 43: Ontario Power Generation Inc.: revenues & profitability Figure 44: Ontario Power Generation Inc.: assets & liabilities Figure 45: Comision Federal de Electricidad: revenues & profitability Figure 46: Comision Federal de Electricidad: assets & liabilities Figure 47: Enel SpA: revenues & profitability Figure 48: Enel SpA: assets & liabilities Figure 49: Gas Natural Fenosa: revenues & profitability Figure 50: Gas Natural Fenosa: assets & liabilities Figure 51: Dominion Resources, Inc.: revenues & profitability Figure 52: Dominion Resources, Inc.: assets & liabilities Figure 53: Duke Energy Corporation: revenues & profitability Figure 54: Duke Energy Corporation: assets & liabilities Figure 55: NextEra Energy, Inc.: revenues & profitability Figure 56: NextEra Energy, Inc.: assets & liabilities Figure 57: The Southern Company: revenues & profitability Figure 58: The Southern Company: assets & liabilities