Cooling Water Cost in Canada
The chart above illustrates Cooling Water cost assessments, in US Dollar Cent per cubic meter (USD cent/m3), from May 2022 through May 2023, as described below:
- cash cost, on-site: Cooling Water, Canada, cash cost, formula, on-site (typical consumer facility)
- contract price, exw: Cooling Water, Canada, contract price, exw, formula
- cash cost, off-site: Cooling Water, Canada, cash cost, formula, off-site (large supplier)
In May 2023, the on-site cash cost for Cooling Water in Canada reached 6.26 USD cent per cubic meter, representing a 3.20% increase compared to April 2023. When examining the full 12-month period, Cooling Water costs in Canada declined by 13.48%. The ex-works contract price for Cooling Water in Canada stood at 4.42 USD cent per cubic meter in May 2023, showing a slight decrease of 0.45% from the previous month. Throughout the past year, Cooling Water contract prices in Canada experienced a total decline of 16.03%. The off-site cash cost for Cooling Water in Canada was assessed at 3.23 USD cent per cubic meter in May 2023, declining by 0.95% from April 2023. Over the preceding 12 months, off-site Cooling Water costs in Canada fell by 18.95%. In May 2023, the on-site cash cost for Cooling Water in Canada reached 6.26 USD cent per cubic meter, representing a 3.20% increase compared to April 2023. When examining the full 12-month period, Cooling Water costs in Canada declined by 13.48%.
The figures shown are illustrative and represent a historical sample from Intratec Industry Economics & Competitiveness. For up-to-date monthly competitiveness benchmarks and industrial cost data across 33 countries, subscribe to Intratec Industry Economics & Competitiveness.
Other Utility Costs
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About Cooling Water
Cooling water is a fundamental utility used to dissipate heat from industrial processes. It circulates through heat exchangers and other cooling systems, absorbing heat from equipment and processes. The heated water is then cooled, often through evaporation in cooling towers, before being recirculated.