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Brookfield Renewable Corp. – ‘20-F’ for 12/31/23 – ‘EX-101.LAB’

On:  Friday, 3/1/24, at 6:40am ET   ·   For:  12/31/23   ·   Accession #:  1791863-24-5   ·   File #:  1-39355

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  As Of               Filer                 Filing    For·On·As Docs:Size

 3/01/24  Brookfield Renewable Corp.        20-F       12/31/23  149:58M

Annual or Annual-Transition Report by a Foreign Non-Canadian Issuer   —   Form 20-F   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual or Annual-Transition Report by a Foreign     HTML   6.46M 
                Non-Canadian Issuer                                              
 2: EX-2.1      Plan of Acquisition, Reorganization, Arrangement,   HTML     82K 
                Liquidation or Succession                                        
 3: EX-4.2      Instrument Defining the Rights of Security Holders  HTML     48K 
 4: EX-4.3      Instrument Defining the Rights of Security Holders  HTML     49K 
 5: EX-4.7      Instrument Defining the Rights of Security Holders  HTML    202K 
 6: EX-4.8      Instrument Defining the Rights of Security Holders  HTML    203K 
10: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     38K 
11: EX-13.2     Annual or Quarterly Report to Security Holders      HTML     38K 
15: EX-97.1     Clawback Policy re: Recovery of Erroneously         HTML     46K 
                Awarded Compensation                                             
 7: EX-11.2     Statement re: the Computation of Earnings Per       HTML     86K 
                Share                                                            
 8: EX-12.1     Statement re: the Computation of Ratios             HTML     43K 
 9: EX-12.2     Statement re: the Computation of Ratios             HTML     42K 
12: EX-15.1     Letter re: Unaudited Interim Financial Info         HTML     50K 
13: EX-15.2     Letter re: Unaudited Interim Financial Info         HTML     68K 
14: EX-15.3     Letter re: Unaudited Interim Financial Info         HTML     38K 
21: R1          Cover                                               HTML    114K 
22: R2          Audit Information                                   HTML     43K 
23: R3          Consolidated Statements of Financial Position       HTML    124K 
24: R4          Consolidated Statements of Income (Loss)            HTML     94K 
25: R5          Consolidated Statements of Comprehensive Income     HTML    102K 
                (Loss)                                                           
26: R6          Consolidated Statements of Changes in Equity        HTML     73K 
27: R7          Consolidated Statements of Cash Flows               HTML    125K 
28: R8          Basis of Preparation and Material Accounting        HTML    145K 
                Policy Information                                               
29: R9          Principal Subsidiaries                              HTML     46K 
30: R10         Acquisitions                                        HTML     83K 
31: R11         Disposal of Assets                                  HTML     42K 
32: R12         Risk Management and Financial Instruments           HTML    401K 
33: R13         Segmented Information                               HTML    314K 
34: R14         Other Income                                        HTML     52K 
35: R15         Direct Operating Costs                              HTML     58K 
36: R16         Other                                               HTML     56K 
37: R17         Foreign Currency Translation                        HTML     54K 
38: R18         Income Taxes                                        HTML    116K 
39: R19         Property, Plant and Equipment, at Fair Value        HTML    250K 
40: R20         Borrowings                                          HTML    171K 
41: R21         Non-Controlling Interests                           HTML    293K 
42: R22         Bepc Exchangeable Shares, Bepc Class B Shares and   HTML     62K 
                Bepc Class C Shares                                              
43: R23         Goodwill                                            HTML     48K 
44: R24         Capital Management                                  HTML     52K 
45: R25         Equity-Accounted Investments                        HTML     53K 
46: R26         Cash and Cash Equivalents                           HTML     46K 
47: R27         Restricted Cash                                     HTML     49K 
48: R28         Trade Receivables and Other Current Assets          HTML     52K 
49: R29         Other Long-Term Assets                              HTML     51K 
50: R30         Accounts Payable and Accrued Liabilities            HTML     51K 
51: R31         Provisions                                          HTML     52K 
52: R32         Other Long-Term Liabilities                         HTML     50K 
53: R33         Commitments, Contingencies and Guarantees           HTML     47K 
54: R34         Related Party Transactions                          HTML    118K 
55: R35         Supplemental Information                            HTML     49K 
56: R36         Basis of Preparation and Material Accounting        HTML    189K 
                Policy Information (Policies)                                    
57: R37         Basis of Preparation and Material Accounting        HTML     53K 
                Policy Information (Tables)                                      
58: R38         Principal Subsidiaries (Tables)                     HTML     44K 
59: R39         Acquisitions (Tables)                               HTML     77K 
60: R40         Risk Management and Financial Instruments (Tables)  HTML    745K 
61: R41         Segmented Information (Tables)                      HTML    313K 
62: R42         Other Income (Tables)                               HTML     52K 
63: R43         Direct Operating Costs (Tables)                     HTML     58K 
64: R44         Other (Tables)                                      HTML     56K 
65: R45         Foreign Currency Translation (Tables)               HTML     54K 
66: R46         Income Taxes (Tables)                               HTML    121K 
67: R47         Property, Plant and Equipment, at Fair Value        HTML    254K 
                (Tables)                                                         
68: R48         Borrowings (Tables)                                 HTML    174K 
69: R49         Non-Controlling Interests (Tables)                  HTML    298K 
70: R50         Bepc Exchangeable Shares, Bepc Class B Shares and   HTML     57K 
                Bepc Class C Shares (Tables)                                     
71: R51         Goodwill (Tables)                                   HTML     46K 
72: R52         Capital Management (Tables)                         HTML     51K 
73: R53         Equity-Accounted Investments (Tables)               HTML     52K 
74: R54         Cash and Cash Equivalents (Tables)                  HTML     46K 
75: R55         Restricted Cash (Tables)                            HTML     49K 
76: R56         Trade Receivables and Other Current Assets          HTML     50K 
                (Tables)                                                         
77: R57         Other Long-Term Assets (Tables)                     HTML     50K 
78: R58         Accounts Payable and Accrued Liabilities (Tables)   HTML     51K 
79: R59         Provisions (Tables)                                 HTML     51K 
80: R60         Other Long-Term Liabilities (Tables)                HTML     50K 
81: R61         Related Party Transactions (Tables)                 HTML    104K 
82: R62         Supplemental Information (Tables)                   HTML     49K 
83: R63         BASIS OF PREPARATION AND MATERIAL ACCOUNTING        HTML     61K 
                POLICY INFORMATION - Depreciation on power                       
                generating assets (Details)                                      
84: R64         BASIS OF PREPARATION AND MATERIAL ACCOUNTING        HTML     55K 
                POLICY INFORMATION - Narrative (Details)                         
85: R65         BASIS OF PREPARATION AND MATERIAL ACCOUNTING        HTML     40K 
                POLICY INFORMATION - Acquisition of TerraForm                    
                Power (Details)                                                  
86: R66         BASIS OF PREPARATION AND MATERIAL ACCOUNTING        HTML     43K 
                POLICY INFORMATION - Revenue and expense                         
                recognition (Details)                                            
87: R67         Principal Subsidiaries (Details)                    HTML     48K 
88: R68         ACQUISITIONS - Narrative (Details)                  HTML    101K 
89: R69         ACQUISITIONS - Schedule of purchase price           HTML     99K 
                allocations (Details)                                            
90: R70         DISPOSAL OF ASSETS - Narrative (Details)            HTML     71K 
91: R71         RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - Market  HTML     63K 
                risk (Details)                                                   
92: R72         RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - Credit  HTML     49K 
                risk (Details)                                                   
93: R73         RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - Cash    HTML     76K 
                obligations (Details)                                            
94: R74         RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - Fair    HTML    122K 
                value hierarchy (Details)                                        
95: R75         RISK MANAGEMENT AND FINANCIAL INSTRUMENTS -         HTML    145K 
                Financial Instrument Asset & Liabilities                         
                Designated as Hedging and Non-hedging (Details)                  
96: R76         RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - Net     HTML     99K 
                financial instrument asset position (Details)                    
97: R77         RISK MANAGEMENT AND FINANCIAL INSTRUMENTS -         HTML     73K 
                Financial instruments disclosures narrative                      
                (Details)                                                        
98: R78         RISK MANAGEMENT AND FINANCIAL INSTRUMENTS -         HTML     79K 
                Designated as hedging instruments (Details)                      
99: R79         SEGMENTED INFORMATION - FFO reconciliation          HTML    147K 
                (Details)                                                        
100: R80         SEGMENTED INFORMATION - Balance sheet (Details)     HTML     84K  
101: R81         SEGMENTED INFORMATION - Geographic information      HTML     62K  
                (Details)                                                        
102: R82         Other Income (Details)                              HTML     52K  
103: R83         Direct Operating Costs (Details)                    HTML     60K  
104: R84         Other (Details)                                     HTML     53K  
105: R85         Foreign Currency Translation (Details)              HTML     51K  
106: R86         INCOME TAXES - Components of tax PL (Details)       HTML     55K  
107: R87         INCOME TAXES - Components of tax OCI (Details)      HTML     50K  
108: R88         INCOME TAXES - Expense reconciliation (Details)     HTML     60K  
109: R89         INCOME TAXES - Unrecognized deferred tax (Details)  HTML     44K  
110: R90         INCOME TAXES - Reconciliation net liabilities       HTML     65K  
                (Details)                                                        
111: R91         PROPERTY, PLANT AND EQUIPMENT, AT FAIR VALUE -      HTML    136K  
                Continuity (Details)                                             
112: R92         PROPERTY, PLANT AND EQUIPMENT, AT FAIR VALUE -      HTML     59K  
                Narrative (Details)                                              
113: R93         PROPERTY, PLANT AND EQUIPMENT, AT FAIR VALUE -      HTML     63K  
                Rates (Details)                                                  
114: R94         PROPERTY, PLANT AND EQUIPMENT, AT FAIR VALUE -      HTML     90K  
                Sensitivity (Details)                                            
115: R95         PROPERTY, PLANT AND EQUIPMENT, AT FAIR VALUE -      HTML     82K  
                Prices and generation (Details)                                  
116: R96         PROPERTY, PLANT AND EQUIPMENT, AT FAIR VALUE -      HTML     49K  
                Historical costs (Details)                                       
117: R97         BORROWINGS - Composition of non-recourse            HTML    119K  
                borrowings (Details)                                             
118: R98         BORROWINGS - Non-recourse borrowings change in the  HTML     55K  
                unamortized financing fees of corporate borrowings               
                (Details)                                                        
119: R99         BORROWINGS - Non-recourse borrowings (Details)      HTML     69K  
120: R100        BORROWINGS - Narrative (Details)                    HTML     48K  
121: R101        BORROWINGS - Supplemental information (Details)     HTML     55K  
122: R102        NON-CONTROLLING INTERESTS - Summary (Details)       HTML     46K  
123: R103        NON-CONTROLLING INTERESTS - Continuity (Details)    HTML    154K  
124: R104        NON-CONTROLLING INTERESTS - Summary information     HTML    158K  
                (Details)                                                        
125: R105        NON-CONTROLLING INTERESTS - Participating           HTML     75K  
                non-controlling interests (Details)                              
126: R106        BEPC EXCHANGEABLE SHARES, BEPC CLASS B SHARES AND   HTML     82K  
                BEPC CLASS C SHARES - Narrative (Details)                        
127: R107        BEPC EXCHANGEABLE SHARES, BEPC CLASS B SHARES AND   HTML     63K  
                BEPC CLASS C SHARES - Schedule of shares                         
                outstanding (Details)                                            
128: R108        Goodwill (Details)                                  HTML     53K  
129: R109        Capital Management (Details)                        HTML     62K  
130: R110        Equity-Accounted Investments (Details)              HTML     60K  
131: R111        Cash and Cash Equivalents (Details)                 HTML     46K  
132: R112        Restricted Cash (Details)                           HTML     49K  
133: R113        Trade Receivables and Other Current Assets          HTML     54K  
                (Details)                                                        
134: R114        OTHER LONG-TERM ASSETS - Schedule of Other Long     HTML     50K  
                Term Assets (Details)                                            
135: R115        OTHER LONG-TERM ASSETS - Narrative (Details)        HTML     42K  
136: R116        Accounts Payable and Accrued Liabilities (Details)  HTML     53K  
137: R117        PROVISIONS - Change in Decommissioning Liabilities  HTML     50K  
                (Details)                                                        
138: R118        PROVISIONS - Narrative (Details)                    HTML     45K  
139: R119        Other Long-Term Liabilities (Details)               HTML     49K  
140: R120        Commitments, Contingencies and Guarantees           HTML     52K  
                (Details)                                                        
141: R121        RELATED PARTY TRANSACTIONS - Narrative (Details)    HTML     95K  
142: R122        RELATED PARTY TRANSACTIONS - Income statement       HTML     65K  
                (Details)                                                        
143: R123        RELATED PARTY TRANSACTIONS - Balance sheet          HTML     71K  
                (Details)                                                        
144: R124        Supplemental Information (Details)                  HTML     46K  
146: XML         IDEA XML File -- Filing Summary                      XML    267K  
149: XML         XBRL Instance -- bepc-20231231_htm                   XML   6.83M  
145: EXCEL       IDEA Workbook of Financial Report Info              XLSX    340K  
17: EX-101.CAL  XBRL Calculations -- bepc-20231231_cal               XML    373K 
18: EX-101.DEF  XBRL Definitions -- bepc-20231231_def                XML   1.45M 
19: EX-101.LAB  XBRL Labels -- bepc-20231231_lab                     XML   2.99M 
20: EX-101.PRE  XBRL Presentations -- bepc-20231231_pre              XML   1.96M 
16: EX-101.SCH  XBRL Schema -- bepc-20231231                         XSD    481K 
147: JSON        XBRL Instance as JSON Data -- MetaLinks              579±   889K  
148: ZIP         XBRL Zipped Folder -- 0001791863-24-000005-xbrl      Zip   1.56M  


‘EX-101.LAB’   —   XBRL Labels — bepc-20231231_lab


This Exhibit is an XBRL File.


                                                                                                                                                                                
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<link:label id="lab_bepc_TypesOfPowerPurchaseAgreementsDomain_documentation_en-US" xlink:label="lab_bepc_TypesOfPowerPurchaseAgreementsDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Types Of Power Purchase Agreements </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_TypesOfPowerPurchaseAgreementsDomain" xlink:href="bepc-20231231.xsd#bepc_TypesOfPowerPurchaseAgreementsDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_TypesOfPowerPurchaseAgreementsDomain" xlink:to="lab_bepc_TypesOfPowerPurchaseAgreementsDomain" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenInstitutionalInvestorsMember_ca40a043-6810-4139-8aa8-873b3db0c48e_terseLabel_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenInstitutionalInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Isagen institutional partners </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenInstitutionalInvestorsMember_label_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenInstitutionalInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries With Material Non-Controlling Interests Isagen Institutional Investors [Member] </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenInstitutionalInvestorsMember_documentation_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenInstitutionalInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Isagen Institutional Investors </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenInstitutionalInvestorsMember" xlink:href="bepc-20231231.xsd#bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenInstitutionalInvestorsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenInstitutionalInvestorsMember" xlink:to="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenInstitutionalInvestorsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_GainLossesOnDerivativeFinancialInstrumentsRelatedPartyTransactions_8cd9254c-6fde-41f7-81c3-ee8b4b7ec3d1_negatedTerseLabel_en-US" xlink:label="lab_bepc_GainLossesOnDerivativeFinancialInstrumentsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial instrument gain </link:label>
<link:label id="lab_bepc_GainLossesOnDerivativeFinancialInstrumentsRelatedPartyTransactions_label_en-US" xlink:label="lab_bepc_GainLossesOnDerivativeFinancialInstrumentsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gain (Losses) On Derivative Financial Instruments, Related Party Transactions </link:label>
<link:label id="lab_bepc_GainLossesOnDerivativeFinancialInstrumentsRelatedPartyTransactions_documentation_en-US" xlink:label="lab_bepc_GainLossesOnDerivativeFinancialInstrumentsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gain (Losses) On Derivative Financial Instruments, Related Party Transactions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_GainLossesOnDerivativeFinancialInstrumentsRelatedPartyTransactions" xlink:href="bepc-20231231.xsd#bepc_GainLossesOnDerivativeFinancialInstrumentsRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_GainLossesOnDerivativeFinancialInstrumentsRelatedPartyTransactions" xlink:to="lab_bepc_GainLossesOnDerivativeFinancialInstrumentsRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NonControllingInterestTable_e5ac59f3-5893-4006-8ef0-02916682335e_terseLabel_en-US" xlink:label="lab_bepc_NonControllingInterestTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non Controlling Interest [Table] </link:label>
<link:label id="lab_bepc_NonControllingInterestTable_label_en-US" xlink:label="lab_bepc_NonControllingInterestTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non Controlling Interest [Table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NonControllingInterestTable" xlink:href="bepc-20231231.xsd#bepc_NonControllingInterestTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NonControllingInterestTable" xlink:to="lab_bepc_NonControllingInterestTable" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentProvisions_8eefb46d-9572-472e-b773-97ff4bc39bbf_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Provisions </link:label>
<link:label id="lab_ifrs-full_CurrentProvisions_label_en-US" xlink:label="lab_ifrs-full_CurrentProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current provisions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentProvisions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentProvisions" xlink:to="lab_ifrs-full_CurrentProvisions" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OwnershipInterestTransferredToSubsidiary_c238fd3f-83ba-4e71-88c2-f78dbfab03ed_terseLabel_en-US" xlink:label="lab_bepc_OwnershipInterestTransferredToSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ownership interest transferred to subsidiary </link:label>
<link:label id="lab_bepc_OwnershipInterestTransferredToSubsidiary_label_en-US" xlink:label="lab_bepc_OwnershipInterestTransferredToSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ownership Interest Transferred To Subsidiary </link:label>
<link:label id="lab_bepc_OwnershipInterestTransferredToSubsidiary_documentation_en-US" xlink:label="lab_bepc_OwnershipInterestTransferredToSubsidiary" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ownership Interest Transferred To Subsidiary </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OwnershipInterestTransferredToSubsidiary" xlink:href="bepc-20231231.xsd#bepc_OwnershipInterestTransferredToSubsidiary"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OwnershipInterestTransferredToSubsidiary" xlink:to="lab_bepc_OwnershipInterestTransferredToSubsidiary" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_WagesAndSalaries_a209c220-8522-4454-93bd-ed068f350201_negatedLabel_en-US" xlink:label="lab_ifrs-full_WagesAndSalaries" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Salaries and benefits </link:label>
<link:label id="lab_ifrs-full_WagesAndSalaries_label_en-US" xlink:label="lab_ifrs-full_WagesAndSalaries" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Wages and salaries </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WagesAndSalaries" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_WagesAndSalaries"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WagesAndSalaries" xlink:to="lab_ifrs-full_WagesAndSalaries" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyTable_a3158520-f50b-4691-80b3-903caa325958_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about investment property [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about investment property [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInvestmentPropertyTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:to="lab_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_bd6504db-d3b5-49de-b59c-24fca8e29aaa_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proceeds from disposal of assets </link:label>
<link:label id="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows from losing control of subsidiaries or other businesses, classified as investing activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome_aa6fa760-2d80-4c44-8af6-b1563415847d_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome_label_en-US" xlink:label="lab_ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other components of deferred tax expense (income) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome" xlink:to="lab_ifrs-full_OtherComponentsOfDeferredTaxExpenseIncome" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DiscountRateAppliedToCashFlowProjections_ba9e1355-b092-40ac-8a91-dc8f61e59d37_terseLabel_en-US" xlink:label="lab_bepc_DiscountRateAppliedToCashFlowProjections" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Discount rate </link:label>
<link:label id="lab_bepc_DiscountRateAppliedToCashFlowProjections_label_en-US" xlink:label="lab_bepc_DiscountRateAppliedToCashFlowProjections" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Discount Rate Applied To Cash Flow Projections </link:label>
<link:label id="lab_bepc_DiscountRateAppliedToCashFlowProjections_documentation_en-US" xlink:label="lab_bepc_DiscountRateAppliedToCashFlowProjections" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Discount rate used for valuation of property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DiscountRateAppliedToCashFlowProjections" xlink:href="bepc-20231231.xsd#bepc_DiscountRateAppliedToCashFlowProjections"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DiscountRateAppliedToCashFlowProjections" xlink:to="lab_bepc_DiscountRateAppliedToCashFlowProjections" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_9321ed1f-8167-4868-bd80-5acc3176a6af_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Accounts payable </link:label>
<link:label id="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current trade payables </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:to="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets_08cbabbb-a4fc-4653-8265-3ddb03424fde_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, plant and equipment, revalued assets, at cost </link:label>
<link:label id="lab_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, plant and equipment, revalued assets, at cost </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssets" xlink:type="arc" order="1"/>
<link:label id="lab_srt_OwnershipAxis_0595cd2d-a885-4ee5-ab75-f2e282bb669a_terseLabel_en-US" xlink:label="lab_srt_OwnershipAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ownership [Axis] </link:label>
<link:label id="lab_srt_OwnershipAxis_label_en-US" xlink:label="lab_srt_OwnershipAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ownership [Axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_srt_OwnershipAxis" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_OwnershipAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_OwnershipAxis" xlink:to="lab_srt_OwnershipAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_a50d4acc-ed39-4121-af86-3aefc9a51255_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> TRADE RECEIVABLES AND OTHER CURRENT ASSETS </link:label>
<link:label id="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of trade and other receivables [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_FinancialAssetsLiabilitiesNetPosition_5ab2918b-1d76-472b-ae78-06a4311dce21_terseLabel_en-US" xlink:label="lab_bepc_FinancialAssetsLiabilitiesNetPosition" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net Assets (Liabilities) </link:label>
<link:label id="lab_bepc_FinancialAssetsLiabilitiesNetPosition_415938a0-77cf-4a87-a89d-83e2155cfc24_periodStartLabel_en-US" xlink:label="lab_bepc_FinancialAssetsLiabilitiesNetPosition" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Balance, beginning of year </link:label>
<link:label id="lab_bepc_FinancialAssetsLiabilitiesNetPosition_7590e504-1aeb-45b3-8e23-2563244717c7_periodEndLabel_en-US" xlink:label="lab_bepc_FinancialAssetsLiabilitiesNetPosition" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Balance, end of year </link:label>
<link:label id="lab_bepc_FinancialAssetsLiabilitiesNetPosition_label_en-US" xlink:label="lab_bepc_FinancialAssetsLiabilitiesNetPosition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Assets (Liabilities) Net Position </link:label>
<link:label id="lab_bepc_FinancialAssetsLiabilitiesNetPosition_documentation_en-US" xlink:label="lab_bepc_FinancialAssetsLiabilitiesNetPosition" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Assets (Liabilities) Net Position </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_FinancialAssetsLiabilitiesNetPosition" xlink:href="bepc-20231231.xsd#bepc_FinancialAssetsLiabilitiesNetPosition"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_FinancialAssetsLiabilitiesNetPosition" xlink:to="lab_bepc_FinancialAssetsLiabilitiesNetPosition" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_LongTermReceivables_115ae409-eb1e-4f3b-bcc4-7b1ef59b7998_terseLabel_en-US" xlink:label="lab_bepc_LongTermReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Long-term receivables </link:label>
<link:label id="lab_bepc_LongTermReceivables_label_en-US" xlink:label="lab_bepc_LongTermReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Long-Term Receivables </link:label>
<link:label id="lab_bepc_LongTermReceivables_documentation_en-US" xlink:label="lab_bepc_LongTermReceivables" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Long-Term Receivables </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_LongTermReceivables" xlink:href="bepc-20231231.xsd#bepc_LongTermReceivables"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_LongTermReceivables" xlink:to="lab_bepc_LongTermReceivables" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfCreditFacilitiesLineItemLineItems_b897db8d-65e3-4480-a327-193b3130b978_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfCreditFacilitiesLineItemLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of credit facilities [line items] </link:label>
<link:label id="lab_bepc_DisclosureOfCreditFacilitiesLineItemLineItems_label_en-US" xlink:label="lab_bepc_DisclosureOfCreditFacilitiesLineItemLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of credit facilities line item [Line Items] </link:label>
<link:label id="lab_bepc_DisclosureOfCreditFacilitiesLineItemLineItems_documentation_en-US" xlink:label="lab_bepc_DisclosureOfCreditFacilitiesLineItemLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of credit facilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfCreditFacilitiesLineItemLineItems" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfCreditFacilitiesLineItemLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfCreditFacilitiesLineItemLineItems" xlink:to="lab_bepc_DisclosureOfCreditFacilitiesLineItemLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_FinancialAssets1Member_5b62534d-d5fa-4d4d-85ef-717f809d678c_terseLabel_en-US" xlink:label="lab_bepc_FinancialAssets1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Instruments Assets </link:label>
<link:label id="lab_bepc_FinancialAssets1Member_label_en-US" xlink:label="lab_bepc_FinancialAssets1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Assets1 [Member] </link:label>
<link:label id="lab_bepc_FinancialAssets1Member_documentation_en-US" xlink:label="lab_bepc_FinancialAssets1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Assets1 [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_FinancialAssets1Member" xlink:href="bepc-20231231.xsd#bepc_FinancialAssets1Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_FinancialAssets1Member" xlink:to="lab_bepc_FinancialAssets1Member" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AssociatesAndParentMember_48a0fb66-e232-4a0b-99d7-f5dd505502c0_terseLabel_en-US" xlink:label="lab_bepc_AssociatesAndParentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Associates And Parent </link:label>
<link:label id="lab_bepc_AssociatesAndParentMember_label_en-US" xlink:label="lab_bepc_AssociatesAndParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Associates And Parent [Member] </link:label>
<link:label id="lab_bepc_AssociatesAndParentMember_documentation_en-US" xlink:label="lab_bepc_AssociatesAndParentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Associates And Parent </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AssociatesAndParentMember" xlink:href="bepc-20231231.xsd#bepc_AssociatesAndParentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AssociatesAndParentMember" xlink:to="lab_bepc_AssociatesAndParentMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate_0f420a37-6772-4ab6-b56c-1b5073e870bf_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial instruments assets </link:label>
<link:label id="lab_ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial assets recognised as of acquisition date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_FinancialAssetsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod_d703581b-d49e-4316-8247-f6411c59fab5_terseLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Purchase of interests in investments </link:label>
<link:label id="lab_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Purchase of interests in investments accounted for using equity method </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_RangeAxis_7fce5aa4-30da-49ff-85cc-7507d7d5409f_terseLabel_en-US" xlink:label="lab_ifrs-full_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Range [axis] </link:label>
<link:label id="lab_ifrs-full_RangeAxis_label_en-US" xlink:label="lab_ifrs-full_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Range [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangeAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RangeAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangeAxis" xlink:to="lab_ifrs-full_RangeAxis" xlink:type="arc" order="1"/>
<link:label id="lab_dei_ContactPersonnelEmailAddress_1f0f1fbc-a5a6-4cc4-95d0-01982a5de027_terseLabel_en-US" xlink:label="lab_dei_ContactPersonnelEmailAddress" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contact Personnel Email Address </link:label>
<link:label id="lab_dei_ContactPersonnelEmailAddress_label_en-US" xlink:label="lab_dei_ContactPersonnelEmailAddress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contact Personnel Email Address </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_ContactPersonnelEmailAddress" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_ContactPersonnelEmailAddress"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_ContactPersonnelEmailAddress" xlink:to="lab_dei_ContactPersonnelEmailAddress" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ProfitLossAttributableToNonControllingInterestsAndNonControllingInterestDecreaseFromDeconsolidations_7ca24faa-9e01-4aca-94f7-dc988a3f40b3_terseLabel_en-US" xlink:label="lab_bepc_ProfitLossAttributableToNonControllingInterestsAndNonControllingInterestDecreaseFromDeconsolidations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net loss attributable to participating non-controlling interests </link:label>
<link:label id="lab_bepc_ProfitLossAttributableToNonControllingInterestsAndNonControllingInterestDecreaseFromDeconsolidations_label_en-US" xlink:label="lab_bepc_ProfitLossAttributableToNonControllingInterestsAndNonControllingInterestDecreaseFromDeconsolidations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Profit (Loss), Attributable To Non-Controlling Interests And Non-Controlling Interest, Decrease From Deconsolidations </link:label>
<link:label id="lab_bepc_ProfitLossAttributableToNonControllingInterestsAndNonControllingInterestDecreaseFromDeconsolidations_documentation_en-US" xlink:label="lab_bepc_ProfitLossAttributableToNonControllingInterestsAndNonControllingInterestDecreaseFromDeconsolidations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Profit (Loss), Attributable To Non-Controlling Interests And Non-Controlling Interest, Decrease From Deconsolidations </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ProfitLossAttributableToNonControllingInterestsAndNonControllingInterestDecreaseFromDeconsolidations" xlink:href="bepc-20231231.xsd#bepc_ProfitLossAttributableToNonControllingInterestsAndNonControllingInterestDecreaseFromDeconsolidations"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ProfitLossAttributableToNonControllingInterestsAndNonControllingInterestDecreaseFromDeconsolidations" xlink:to="lab_bepc_ProfitLossAttributableToNonControllingInterestsAndNonControllingInterestDecreaseFromDeconsolidations" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ShareEquityShareSplitConversionRatio_6cfbdd75-b3e5-44ea-8cc8-111e90d513c8_terseLabel_en-US" xlink:label="lab_bepc_ShareEquityShareSplitConversionRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share split conversion ratio </link:label>
<link:label id="lab_bepc_ShareEquityShareSplitConversionRatio_label_en-US" xlink:label="lab_bepc_ShareEquityShareSplitConversionRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Equity, Share Split, Conversion Ratio </link:label>
<link:label id="lab_bepc_ShareEquityShareSplitConversionRatio_documentation_en-US" xlink:label="lab_bepc_ShareEquityShareSplitConversionRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Equity, Share Split, Conversion Ratio </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ShareEquityShareSplitConversionRatio" xlink:href="bepc-20231231.xsd#bepc_ShareEquityShareSplitConversionRatio"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ShareEquityShareSplitConversionRatio" xlink:to="lab_bepc_ShareEquityShareSplitConversionRatio" xlink:type="arc" order="1"/>
<link:label id="lab_dei_TradingSymbol_a535bd33-5f0b-4250-962e-cd3a9209c1a3_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trading Symbol </link:label>
<link:label id="lab_dei_TradingSymbol_label_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trading Symbol </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_TradingSymbol"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol" xlink:to="lab_dei_TradingSymbol" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BrookfieldGlobalInfrastructureFundMember_a89d11a7-18a4-4797-a021-4cf9d988cdf1_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldGlobalInfrastructureFundMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Global Infrastructure Fund </link:label>
<link:label id="lab_bepc_BrookfieldGlobalInfrastructureFundMember_label_en-US" xlink:label="lab_bepc_BrookfieldGlobalInfrastructureFundMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Global Infrastructure Fund [Member] </link:label>
<link:label id="lab_bepc_BrookfieldGlobalInfrastructureFundMember_documentation_en-US" xlink:label="lab_bepc_BrookfieldGlobalInfrastructureFundMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Global Infrastructure Fund </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BrookfieldGlobalInfrastructureFundMember" xlink:href="bepc-20231231.xsd#bepc_BrookfieldGlobalInfrastructureFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BrookfieldGlobalInfrastructureFundMember" xlink:to="lab_bepc_BrookfieldGlobalInfrastructureFundMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfFinancialAssetsAndLiabilitiesLineItems_05c0ff1b-3ffe-4e1a-9529-fa105d8b9d4f_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfFinancialAssetsAndLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of financial assets and liabilities [line items] </link:label>
<link:label id="lab_bepc_DisclosureOfFinancialAssetsAndLiabilitiesLineItems_label_en-US" xlink:label="lab_bepc_DisclosureOfFinancialAssetsAndLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of financial assets and liabilities [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfFinancialAssetsAndLiabilitiesLineItems" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfFinancialAssetsAndLiabilitiesLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfFinancialAssetsAndLiabilitiesLineItems" xlink:to="lab_bepc_DisclosureOfFinancialAssetsAndLiabilitiesLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities_2be66cdc-8728-4f0c-8121-e008d6d866e8_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends received from equity-accounted investments </link:label>
<link:label id="lab_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends received, classified as operating activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendsReceivedClassifiedAsOperatingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory_24815cf9-f417-4d2d-bbdc-657039ae6282_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of final purchase price allocations, at fair values </link:label>
<link:label id="lab_ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of transactions recognised separately from acquisition of assets and assumption of liabilities in business combination [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory" xlink:to="lab_ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_a3f1f7fc-7b59-4500-af2f-469a06459cf1_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BASIS OF PREPARATION AND MATERIAL ACCOUNTING POLICY INFORMATION </link:label>
<link:label id="lab_bepc_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_label_en-US" xlink:label="lab_bepc_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of significant accounting policies [text block] </link:label>
<link:label id="lab_bepc_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_documentation_en-US" xlink:label="lab_bepc_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The entire disclosure for significant accounting policies applied by the entity. </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:to="lab_bepc_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_currency_AllCurrenciesDomain_812ac2e6-1a35-40f2-bdf4-d6163d3614cf_terseLabel_en-US" xlink:label="lab_currency_AllCurrenciesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> All Currencies [Domain] </link:label>
<link:label id="lab_currency_AllCurrenciesDomain_label_en-US" xlink:label="lab_currency_AllCurrenciesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> All Currencies [Domain] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_currency_AllCurrenciesDomain" xlink:href="https://xbrl.sec.gov/currency/2023/currency-2023.xsd#currency_AllCurrenciesDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_AllCurrenciesDomain" xlink:to="lab_currency_AllCurrenciesDomain" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_f4c970b5-65ec-4a0a-8cbd-6d55899dd812_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows from (used in) operations before changes in related parties and working capital balances </link:label>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows from (used in) operations before changes in working capital </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_be81c505-406b-4ca4-b6fb-fae6cfee4483_terseLabel_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign exchange gain (loss) on cash </link:label>
<link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Effect of exchange rate changes on cash and cash equivalents </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate_040b0168-1cd3-4b09-8347-6d66b911ab3a_terseLabel_en-US" xlink:label="lab_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contingent consideration recognised as of acquisition date </link:label>
<link:label id="lab_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contingent consideration recognised as of acquisition date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AmountsPayableRelatedPartyTransactions_6e802e4b-729f-4e02-a317-9547eef0cb8e_terseLabel_en-US" xlink:label="lab_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Due to related parties </link:label>
<link:label id="lab_ifrs-full_AmountsPayableRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amounts payable, related party transactions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AmountsPayableRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:to="lab_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_8378a4db-b6bc-4f87-892e-718ff9f20b7f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about property, plant and equipment [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about property, plant and equipment [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NumberOfUnitsNormalCourseIssuerBid_288fe6fe-beb9-4b10-bc60-2fe07b5f63d4_terseLabel_en-US" xlink:label="lab_bepc_NumberOfUnitsNormalCourseIssuerBid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Maximum units for normal course issuer bid (in shares) </link:label>
<link:label id="lab_bepc_NumberOfUnitsNormalCourseIssuerBid_label_en-US" xlink:label="lab_bepc_NumberOfUnitsNormalCourseIssuerBid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Number Of Units Normal Course Issuer Bid </link:label>
<link:label id="lab_bepc_NumberOfUnitsNormalCourseIssuerBid_documentation_en-US" xlink:label="lab_bepc_NumberOfUnitsNormalCourseIssuerBid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Maximum number of units that can be bought under normal course issuer bid </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NumberOfUnitsNormalCourseIssuerBid" xlink:href="bepc-20231231.xsd#bepc_NumberOfUnitsNormalCourseIssuerBid"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NumberOfUnitsNormalCourseIssuerBid" xlink:to="lab_bepc_NumberOfUnitsNormalCourseIssuerBid" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CostOfPurchasedEnergySold_dd28b82b-d13b-425c-8185-6a00db054d52_terseLabel_en-US" xlink:label="lab_ifrs-full_CostOfPurchasedEnergySold" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cost to acquire energy to cover contractual obligations </link:label>
<link:label id="lab_ifrs-full_CostOfPurchasedEnergySold_label_en-US" xlink:label="lab_ifrs-full_CostOfPurchasedEnergySold" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cost of purchased energy sold </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CostOfPurchasedEnergySold" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CostOfPurchasedEnergySold"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CostOfPurchasedEnergySold" xlink:to="lab_ifrs-full_CostOfPurchasedEnergySold" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfAdditionalInformationExplanatory_047433c6-8147-4280-b506-814058253354_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAdditionalInformationExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of net change in working capital </link:label>
<link:label id="lab_ifrs-full_DisclosureOfAdditionalInformationExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAdditionalInformationExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of additional information [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAdditionalInformationExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfAdditionalInformationExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAdditionalInformationExplanatory" xlink:to="lab_ifrs-full_DisclosureOfAdditionalInformationExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfTradeAndOtherReceivablesTableTableTextBlock_935799e5-246b-4b54-ba13-9d3f3300240d_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfTradeAndOtherReceivablesTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of trade receivables and other current assets </link:label>
<link:label id="lab_bepc_DisclosureOfTradeAndOtherReceivablesTableTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfTradeAndOtherReceivablesTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Trade And Other Receivables Table [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfTradeAndOtherReceivablesTableTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfTradeAndOtherReceivablesTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of trade and other receivables table lead in </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfTradeAndOtherReceivablesTableTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfTradeAndOtherReceivablesTableTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfTradeAndOtherReceivablesTableTableTextBlock" xlink:to="lab_bepc_DisclosureOfTradeAndOtherReceivablesTableTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfComponentsIncomeTaxTableTextBlock_72692f71-ad9e-460e-996e-aeb3daaeab4d_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfComponentsIncomeTaxTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of income tax recovery (expense) </link:label>
<link:label id="lab_bepc_DisclosureOfComponentsIncomeTaxTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfComponentsIncomeTaxTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Components Income Tax [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfComponentsIncomeTaxTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfComponentsIncomeTaxTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of major components of income tax </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfComponentsIncomeTaxTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfComponentsIncomeTaxTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfComponentsIncomeTaxTableTextBlock" xlink:to="lab_bepc_DisclosureOfComponentsIncomeTaxTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_84ab926e-19a0-40d1-9597-db497b5c0c48_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> ACCOUNTS PAYABLE AND ACCRUED LIABILITIES </link:label>
<link:label id="lab_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of trade and other payables [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities_26544e05-50ab-4686-9234-b2ef6b2e1676_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest paid </link:label>
<link:label id="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest paid, classified as operating activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ManagementFeeFixedComponentQuarterlyRelatedPartyTransactions_380c66fa-ba6f-4e09-9965-57276b30a93f_terseLabel_en-US" xlink:label="lab_bepc_ManagementFeeFixedComponentQuarterlyRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Management fee fixed component quarterly </link:label>
<link:label id="lab_bepc_ManagementFeeFixedComponentQuarterlyRelatedPartyTransactions_label_en-US" xlink:label="lab_bepc_ManagementFeeFixedComponentQuarterlyRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Management Fee Fixed Component Quarterly, Related Party Transactions </link:label>
<link:label id="lab_bepc_ManagementFeeFixedComponentQuarterlyRelatedPartyTransactions_documentation_en-US" xlink:label="lab_bepc_ManagementFeeFixedComponentQuarterlyRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Quarterly fixed component of the management fee payable to the parent </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ManagementFeeFixedComponentQuarterlyRelatedPartyTransactions" xlink:href="bepc-20231231.xsd#bepc_ManagementFeeFixedComponentQuarterlyRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ManagementFeeFixedComponentQuarterlyRelatedPartyTransactions" xlink:to="lab_bepc_ManagementFeeFixedComponentQuarterlyRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_EquityAndLiabilities_d9361e29-a05a-4c92-8e26-6d57fd93ff88_totalLabel_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total Liabilities and Equity </link:label>
<link:label id="lab_ifrs-full_EquityAndLiabilities_label_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity and liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAndLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EquityAndLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilities" xlink:to="lab_ifrs-full_EquityAndLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiMember_e8880b73-4fd4-423b-a359-9d75501e2b0d_terseLabel_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Infrastructure Fund II </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiMember_label_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries with material noncontrolling interests Brookfield Infrastructre Fund II [member] </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiMember_documentation_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Infrastructre Fund II </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiMember" xlink:href="bepc-20231231.xsd#bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiMember" xlink:to="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AdditionalOwnershipPercentage_3cdaeced-fdf5-47c0-a616-00643ac7dfbb_terseLabel_en-US" xlink:label="lab_bepc_AdditionalOwnershipPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Additional ownership percentage </link:label>
<link:label id="lab_bepc_AdditionalOwnershipPercentage_label_en-US" xlink:label="lab_bepc_AdditionalOwnershipPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Additional Ownership Percentage </link:label>
<link:label id="lab_bepc_AdditionalOwnershipPercentage_documentation_en-US" xlink:label="lab_bepc_AdditionalOwnershipPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Additional Ownership Percentage </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AdditionalOwnershipPercentage" xlink:href="bepc-20231231.xsd#bepc_AdditionalOwnershipPercentage"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AdditionalOwnershipPercentage" xlink:to="lab_bepc_AdditionalOwnershipPercentage" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory_00332631-54df-4d18-8388-3fd2297d0601_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> SEGMENTED INFORMATION </link:label>
<link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of operating segments [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOperatingSegmentsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherProvisions_5adc7918-302b-4a7b-b4dd-cc2546d77b31_periodStartLabel_en-US" xlink:label="lab_ifrs-full_OtherProvisions" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Balance, beginning of the year </link:label>
<link:label id="lab_ifrs-full_OtherProvisions_c0fd7979-296b-4cb6-929e-4fc08753d67a_periodEndLabel_en-US" xlink:label="lab_ifrs-full_OtherProvisions" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Balance, end of the year </link:label>
<link:label id="lab_ifrs-full_OtherProvisions_6b683970-b6d9-4827-a5e5-7bb2a9960ac5_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other provisions </link:label>
<link:label id="lab_ifrs-full_OtherProvisions_label_en-US" xlink:label="lab_ifrs-full_OtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other provisions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherProvisions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherProvisions" xlink:to="lab_ifrs-full_OtherProvisions" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_A248MWDevelopmentWindPortfolioInBrazilMember_0ea332e5-2878-4a89-a753-727d91d3f5b3_terseLabel_en-US" xlink:label="lab_bepc_A248MWDevelopmentWindPortfolioInBrazilMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 248 MW Development Wind Portfolio In Brazil </link:label>
<link:label id="lab_bepc_A248MWDevelopmentWindPortfolioInBrazilMember_label_en-US" xlink:label="lab_bepc_A248MWDevelopmentWindPortfolioInBrazilMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 248 MW Development Wind Portfolio In Brazil [Member] </link:label>
<link:label id="lab_bepc_A248MWDevelopmentWindPortfolioInBrazilMember_documentation_en-US" xlink:label="lab_bepc_A248MWDevelopmentWindPortfolioInBrazilMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 248 MW Development Wind Portfolio In Brazil </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_A248MWDevelopmentWindPortfolioInBrazilMember" xlink:href="bepc-20231231.xsd#bepc_A248MWDevelopmentWindPortfolioInBrazilMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_A248MWDevelopmentWindPortfolioInBrazilMember" xlink:to="lab_bepc_A248MWDevelopmentWindPortfolioInBrazilMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DerivativeFinancialLiabilitiesAssetsAxis_711dc2aa-b604-4780-9ae1-2f7f8ad2c387_terseLabel_en-US" xlink:label="lab_bepc_DerivativeFinancialLiabilitiesAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative Financial Liabilities Assets [Axis] </link:label>
<link:label id="lab_bepc_DerivativeFinancialLiabilitiesAssetsAxis_label_en-US" xlink:label="lab_bepc_DerivativeFinancialLiabilitiesAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative Financial Liabilities Assets [Axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DerivativeFinancialLiabilitiesAssetsAxis" xlink:href="bepc-20231231.xsd#bepc_DerivativeFinancialLiabilitiesAssetsAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DerivativeFinancialLiabilitiesAssetsAxis" xlink:to="lab_bepc_DerivativeFinancialLiabilitiesAssetsAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InterestPayable_8728c83d-ec26-4a6d-87df-bc6c70712a8e_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestPayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest payable </link:label>
<link:label id="lab_ifrs-full_InterestPayable_label_en-US" xlink:label="lab_ifrs-full_InterestPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest payable </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestPayable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestPayable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestPayable" xlink:to="lab_ifrs-full_InterestPayable" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_StatementOfIFRSCompliance_a9c64a78-b4a2-4daa-871f-9508b7328b7d_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfIFRSCompliance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Statement of compliance and Basis of preparation </link:label>
<link:label id="lab_ifrs-full_StatementOfIFRSCompliance_label_en-US" xlink:label="lab_ifrs-full_StatementOfIFRSCompliance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Statement of IFRS compliance [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfIFRSCompliance" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_StatementOfIFRSCompliance"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfIFRSCompliance" xlink:to="lab_ifrs-full_StatementOfIFRSCompliance" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncreaseDecreaseAccountsPayableRelatedPartyTransactions_73ddad39-0395-4be8-8b56-471cf3576f26_terseLabel_en-US" xlink:label="lab_bepc_IncreaseDecreaseAccountsPayableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease), accounts payable </link:label>
<link:label id="lab_bepc_IncreaseDecreaseAccountsPayableRelatedPartyTransactions_label_en-US" xlink:label="lab_bepc_IncreaseDecreaseAccountsPayableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease), Accounts Payable, Related Party Transactions </link:label>
<link:label id="lab_bepc_IncreaseDecreaseAccountsPayableRelatedPartyTransactions_documentation_en-US" xlink:label="lab_bepc_IncreaseDecreaseAccountsPayableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease), Accounts Payable, Related Party Transactions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncreaseDecreaseAccountsPayableRelatedPartyTransactions" xlink:href="bepc-20231231.xsd#bepc_IncreaseDecreaseAccountsPayableRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IncreaseDecreaseAccountsPayableRelatedPartyTransactions" xlink:to="lab_bepc_IncreaseDecreaseAccountsPayableRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProductsAndServicesMember_d808f400-a167-4a32-aca4-e643d838d200_terseLabel_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Products and services [member] </link:label>
<link:label id="lab_ifrs-full_ProductsAndServicesMember_label_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Products and services [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProductsAndServicesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProductsAndServicesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProductsAndServicesMember" xlink:to="lab_ifrs-full_ProductsAndServicesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CurrentIncomeTaxesPayable_f840b408-16ff-4ed4-b302-43125b789142_terseLabel_en-US" xlink:label="lab_bepc_CurrentIncomeTaxesPayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Income tax payable </link:label>
<link:label id="lab_bepc_CurrentIncomeTaxesPayable_label_en-US" xlink:label="lab_bepc_CurrentIncomeTaxesPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current Income Taxes Payable </link:label>
<link:label id="lab_bepc_CurrentIncomeTaxesPayable_documentation_en-US" xlink:label="lab_bepc_CurrentIncomeTaxesPayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current Income Taxes Payable </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CurrentIncomeTaxesPayable" xlink:href="bepc-20231231.xsd#bepc_CurrentIncomeTaxesPayable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CurrentIncomeTaxesPayable" xlink:to="lab_bepc_CurrentIncomeTaxesPayable" xlink:type="arc" order="1"/>
<link:label id="lab_dei_LocalPhoneNumber_c38253be-6734-41bf-bb65-92f3d7a9540b_terseLabel_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Local Phone Number </link:label>
<link:label id="lab_dei_LocalPhoneNumber_label_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Local Phone Number </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber" xlink:to="lab_dei_LocalPhoneNumber" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NonRecourseBorrowingsMember_896209a2-0925-464f-aec9-96736a9f144d_terseLabel_en-US" xlink:label="lab_bepc_NonRecourseBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-recourse borrowings </link:label>
<link:label id="lab_bepc_NonRecourseBorrowingsMember_label_en-US" xlink:label="lab_bepc_NonRecourseBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non Recourse Borrowings [Member] </link:label>
<link:label id="lab_bepc_NonRecourseBorrowingsMember_documentation_en-US" xlink:label="lab_bepc_NonRecourseBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non Recourse Borrowings [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NonRecourseBorrowingsMember" xlink:href="bepc-20231231.xsd#bepc_NonRecourseBorrowingsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NonRecourseBorrowingsMember" xlink:to="lab_bepc_NonRecourseBorrowingsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NetDeferredTaxLiabilities_5bc8b9ec-09dc-4dc0-be57-062661b9edcf_terseLabel_en-US" xlink:label="lab_ifrs-full_NetDeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred income tax liabilities, net </link:label>
<link:label id="lab_ifrs-full_NetDeferredTaxLiabilities_label_en-US" xlink:label="lab_ifrs-full_NetDeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net deferred tax liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetDeferredTaxLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NetDeferredTaxLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDeferredTaxLiabilities" xlink:to="lab_ifrs-full_NetDeferredTaxLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ParentMember_0789b48b-1160-4971-b334-64cfa207ded2_terseLabel_en-US" xlink:label="lab_ifrs-full_ParentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Renewable </link:label>
<link:label id="lab_ifrs-full_ParentMember_44af5da6-454c-4508-ad4d-69ac3ce999a4_verboseLabel_en-US" xlink:label="lab_ifrs-full_ParentMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The partnership </link:label>
<link:label id="lab_ifrs-full_ParentMember_label_en-US" xlink:label="lab_ifrs-full_ParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Parent [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ParentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ParentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ParentMember" xlink:to="lab_ifrs-full_ParentMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncontrollingInterestsMember_b25aedfc-4a7d-4dd7-bc4f-1c65edb64fb2_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-controlling interests </link:label>
<link:label id="lab_ifrs-full_NoncontrollingInterestsMember_label_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-controlling interests [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncontrollingInterestsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncontrollingInterestsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncontrollingInterestsMember" xlink:to="lab_ifrs-full_NoncontrollingInterestsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_0587419f-7394-4bb7-8168-022b97ad93ab_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign currency translation, net </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income, before tax, exchange differences on translation of foreign operations </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_MaturityAxis_9991dbaf-df5c-4821-867a-3ad4cc2d2e69_terseLabel_en-US" xlink:label="lab_ifrs-full_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Maturity [axis] </link:label>
<link:label id="lab_ifrs-full_MaturityAxis_label_en-US" xlink:label="lab_ifrs-full_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Maturity [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaturityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MaturityAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaturityAxis" xlink:to="lab_ifrs-full_MaturityAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember_d9adb2de-0630-43b8-85c4-968ca252c7e6_terseLabel_en-US" xlink:label="lab_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Goods or services transferred at point in time </link:label>
<link:label id="lab_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember_label_en-US" xlink:label="lab_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Goods or services transferred at point in time [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" xlink:to="lab_ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_16a15483-b32f-4c92-822a-fba3abd73e2b_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial instruments </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for financial instruments [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q22023USDistributedGenerationRefinancing2026Member_68528002-7bf1-4729-8776-73013591dc3e_terseLabel_en-US" xlink:label="lab_bepc_Q22023USDistributedGenerationRefinancing2026Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q2 2023, US, Distributed generation, Refinancing, 2026 </link:label>
<link:label id="lab_bepc_Q22023USDistributedGenerationRefinancing2026Member_label_en-US" xlink:label="lab_bepc_Q22023USDistributedGenerationRefinancing2026Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q2 2023, US, Distributed generation, Refinancing, 2026 [Member] </link:label>
<link:label id="lab_bepc_Q22023USDistributedGenerationRefinancing2026Member_documentation_en-US" xlink:label="lab_bepc_Q22023USDistributedGenerationRefinancing2026Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q2 2023, US, Distributed generation, Refinancing, 2026 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q22023USDistributedGenerationRefinancing2026Member" xlink:href="bepc-20231231.xsd#bepc_Q22023USDistributedGenerationRefinancing2026Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q22023USDistributedGenerationRefinancing2026Member" xlink:to="lab_bepc_Q22023USDistributedGenerationRefinancing2026Member" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DesignatedHedgingInstrumentMember_e89a5a94-6bba-4c9a-ad63-fe1dc607425f_terseLabel_en-US" xlink:label="lab_bepc_DesignatedHedgingInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Designated Hedging Instrument </link:label>
<link:label id="lab_bepc_DesignatedHedgingInstrumentMember_label_en-US" xlink:label="lab_bepc_DesignatedHedgingInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Designated Hedging Instrument [Member] </link:label>
<link:label id="lab_bepc_DesignatedHedgingInstrumentMember_documentation_en-US" xlink:label="lab_bepc_DesignatedHedgingInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative instrument designated as hedging instrument </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DesignatedHedgingInstrumentMember" xlink:href="bepc-20231231.xsd#bepc_DesignatedHedgingInstrumentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DesignatedHedgingInstrumentMember" xlink:to="lab_bepc_DesignatedHedgingInstrumentMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract_524b95de-a871-4823-9ea0-e09a488d639f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Assets measured at fair value: </link:label>
<link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of fair value measurement of assets [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_GainsLossesOnLegalProceedingsProvisions_24ffa753-daa9-4417-9244-6cb367e1f91d_terseLabel_en-US" xlink:label="lab_bepc_GainsLossesOnLegalProceedingsProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Legal provisions </link:label>
<link:label id="lab_bepc_GainsLossesOnLegalProceedingsProvisions_label_en-US" xlink:label="lab_bepc_GainsLossesOnLegalProceedingsProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (Losses) On Legal Proceedings Provisions </link:label>
<link:label id="lab_bepc_GainsLossesOnLegalProceedingsProvisions_documentation_en-US" xlink:label="lab_bepc_GainsLossesOnLegalProceedingsProvisions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (Losses) On Legal Proceedings Provisions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_GainsLossesOnLegalProceedingsProvisions" xlink:href="bepc-20231231.xsd#bepc_GainsLossesOnLegalProceedingsProvisions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_GainsLossesOnLegalProceedingsProvisions" xlink:to="lab_bepc_GainsLossesOnLegalProceedingsProvisions" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CashFlowsUsedInObtainingControlOfEquityAccountedInvestmentsClassifiedAsInvestingActivities_0b628981-2d1a-4668-9850-e8b40bd2850e_negatedTerseLabel_en-US" xlink:label="lab_bepc_CashFlowsUsedInObtainingControlOfEquityAccountedInvestmentsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisitions of equity-accounted investments </link:label>
<link:label id="lab_bepc_CashFlowsUsedInObtainingControlOfEquityAccountedInvestmentsClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_bepc_CashFlowsUsedInObtainingControlOfEquityAccountedInvestmentsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash Flows Used In Obtaining Control Of Equity Accounted Investments Classified As Investing Activities </link:label>
<link:label id="lab_bepc_CashFlowsUsedInObtainingControlOfEquityAccountedInvestmentsClassifiedAsInvestingActivities_documentation_en-US" xlink:label="lab_bepc_CashFlowsUsedInObtainingControlOfEquityAccountedInvestmentsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash Flows Used In Obtaining Control Of Equity Accounted Investments Classified As Investing Activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CashFlowsUsedInObtainingControlOfEquityAccountedInvestmentsClassifiedAsInvestingActivities" xlink:href="bepc-20231231.xsd#bepc_CashFlowsUsedInObtainingControlOfEquityAccountedInvestmentsClassifiedAsInvestingActivities"/>
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<link:label id="lab_bepc_InvestmentsAccountedForUsingEquityMethodAtTheAcquisitionDate_353ef40c-1329-4db5-9103-9d210429da25_terseLabel_en-US" xlink:label="lab_bepc_InvestmentsAccountedForUsingEquityMethodAtTheAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity accounted investments </link:label>
<link:label id="lab_bepc_InvestmentsAccountedForUsingEquityMethodAtTheAcquisitionDate_label_en-US" xlink:label="lab_bepc_InvestmentsAccountedForUsingEquityMethodAtTheAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investments Accounted For Using Equity Method At The Acquisition Date </link:label>
<link:label id="lab_bepc_InvestmentsAccountedForUsingEquityMethodAtTheAcquisitionDate_documentation_en-US" xlink:label="lab_bepc_InvestmentsAccountedForUsingEquityMethodAtTheAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investments Accounted For Using Equity Method At The Acquisition Date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_InvestmentsAccountedForUsingEquityMethodAtTheAcquisitionDate" xlink:href="bepc-20231231.xsd#bepc_InvestmentsAccountedForUsingEquityMethodAtTheAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_InvestmentsAccountedForUsingEquityMethodAtTheAcquisitionDate" xlink:to="lab_bepc_InvestmentsAccountedForUsingEquityMethodAtTheAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_Cash_dd83ebae-d3f4-4414-bf38-4af8da581e56_terseLabel_en-US" xlink:label="lab_ifrs-full_Cash" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash </link:label>
<link:label id="lab_ifrs-full_Cash_label_en-US" xlink:label="lab_ifrs-full_Cash" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Cash" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Cash"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Cash" xlink:to="lab_ifrs-full_Cash" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock_1ec10702-1e40-4421-858f-02dcf240b1bb_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of significant investments non-controlling interest in subsidiaries </link:label>
<link:label id="lab_bepc_DisclosureOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Significant Investments Non-Controlling Interest In Subsidiaries [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of the net change in non-controlling interest in subsidiaries </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock"/>
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<link:label id="lab_bepc_NoncontrollingInterestOther_31b9a347-3adf-43f3-8539-412de2cb22c7_terseLabel_en-US" xlink:label="lab_bepc_NoncontrollingInterestOther" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bepc_NoncontrollingInterestOther_label_en-US" xlink:label="lab_bepc_NoncontrollingInterestOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Noncontrolling Interest, Other </link:label>
<link:label id="lab_bepc_NoncontrollingInterestOther_documentation_en-US" xlink:label="lab_bepc_NoncontrollingInterestOther" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Noncontrolling Interest, Other </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NoncontrollingInterestOther" xlink:href="bepc-20231231.xsd#bepc_NoncontrollingInterestOther"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NoncontrollingInterestOther" xlink:to="lab_bepc_NoncontrollingInterestOther" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings_d0738295-0601-4827-ac44-7fb175e13e58_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through transfer between revaluation surplus and retained earnings, equity </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through transfer between revaluation surplus and retained earnings, equity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings"/>
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<link:label id="lab_bepc_Q22023BrazilWindCDIFinancing2024Member_3c7363ae-a054-4fe7-aefb-8c2410a41fee_terseLabel_en-US" xlink:label="lab_bepc_Q22023BrazilWindCDIFinancing2024Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q2 2023, Brazil, Wind, CDI, Financing, 2024 </link:label>
<link:label id="lab_bepc_Q22023BrazilWindCDIFinancing2024Member_label_en-US" xlink:label="lab_bepc_Q22023BrazilWindCDIFinancing2024Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q2 2023, Brazil, Wind, CDI, Financing, 2024 [Member] </link:label>
<link:label id="lab_bepc_Q22023BrazilWindCDIFinancing2024Member_documentation_en-US" xlink:label="lab_bepc_Q22023BrazilWindCDIFinancing2024Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q2 2023, Brazil, Wind, CDI, Financing, 2024 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q22023BrazilWindCDIFinancing2024Member" xlink:href="bepc-20231231.xsd#bepc_Q22023BrazilWindCDIFinancing2024Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q22023BrazilWindCDIFinancing2024Member" xlink:to="lab_bepc_Q22023BrazilWindCDIFinancing2024Member" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfIncomeTaxTableExplanatoryTableTextBlock_de3cca7f-6721-4cf9-bcbf-ff5c3f388a13_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfIncomeTaxTableExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of effective income tax (expense) recovery </link:label>
<link:label id="lab_bepc_DisclosureOfIncomeTaxTableExplanatoryTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfIncomeTaxTableExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Income Tax Table Explanatory [Table Text Block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfIncomeTaxTableExplanatoryTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfIncomeTaxTableExplanatoryTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfIncomeTaxTableExplanatoryTableTextBlock" xlink:to="lab_bepc_DisclosureOfIncomeTaxTableExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory_51ba7d16-d925-437c-be65-c8659a9dde2f_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest income </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for interest income and expense [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentLiabilities_06a31081-b22a-42fe-b0d4-82372ac120d1_totalLabel_en-US" xlink:label="lab_ifrs-full_CurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total current liabilities </link:label>
<link:label id="lab_ifrs-full_CurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilities" xlink:to="lab_ifrs-full_CurrentLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOtherAbstract_label_en-US" xlink:label="lab_bepc_DisclosureOtherAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Other [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOtherAbstract" xlink:href="bepc-20231231.xsd#bepc_DisclosureOtherAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOtherAbstract" xlink:to="lab_bepc_DisclosureOtherAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_204ac55b-1d1c-4166-bba7-8a71f0f9a8c5_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> To the partnership </link:label>
<link:label id="lab_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends paid to equity holders of parent, classified as financing activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ChangesInEquity_229535d4-ef33-4928-9c92-d5d51ead6f0d_totalLabel_en-US" xlink:label="lab_ifrs-full_ChangesInEquity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change in year </link:label>
<link:label id="lab_ifrs-full_ChangesInEquity_1ae2edb0-12d2-4312-aec7-3e7e26313277_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ChangesInEquity" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) in equity </link:label>
<link:label id="lab_ifrs-full_ChangesInEquity_label_en-US" xlink:label="lab_ifrs-full_ChangesInEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) in equity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInEquity" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ChangesInEquity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInEquity" xlink:to="lab_ifrs-full_ChangesInEquity" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ExchangeDifferencesOnTranslationAbstract_dce6ba72-c428-4845-9147-24d685b94e62_terseLabel_en-US" xlink:label="lab_ifrs-full_ExchangeDifferencesOnTranslationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign currency translation on: </link:label>
<link:label id="lab_ifrs-full_ExchangeDifferencesOnTranslationAbstract_label_en-US" xlink:label="lab_ifrs-full_ExchangeDifferencesOnTranslationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Exchange differences on translation [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExchangeDifferencesOnTranslationAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ExchangeDifferencesOnTranslationAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExchangeDifferencesOnTranslationAbstract" xlink:to="lab_ifrs-full_ExchangeDifferencesOnTranslationAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DividendIncomeRelatedPartyTransactions_47fa0bde-b8cb-4b6c-a3a2-95871e9e8293_terseLabel_en-US" xlink:label="lab_bepc_DividendIncomeRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividend income </link:label>
<link:label id="lab_bepc_DividendIncomeRelatedPartyTransactions_label_en-US" xlink:label="lab_bepc_DividendIncomeRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividend Income, Related Party Transactions </link:label>
<link:label id="lab_bepc_DividendIncomeRelatedPartyTransactions_documentation_en-US" xlink:label="lab_bepc_DividendIncomeRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividend Income, Related Party Transactions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DividendIncomeRelatedPartyTransactions" xlink:href="bepc-20231231.xsd#bepc_DividendIncomeRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DividendIncomeRelatedPartyTransactions" xlink:to="lab_bepc_DividendIncomeRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_dei_DocumentAccountingStandard_5821e5c0-91a4-4663-9ee1-879ff6ec3aac_terseLabel_en-US" xlink:label="lab_dei_DocumentAccountingStandard" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Accounting Standard </link:label>
<link:label id="lab_dei_DocumentAccountingStandard_label_en-US" xlink:label="lab_dei_DocumentAccountingStandard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Accounting Standard </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_DocumentAccountingStandard" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAccountingStandard"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentAccountingStandard" xlink:to="lab_dei_DocumentAccountingStandard" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentDividendPayables_12e6263c-47a9-49c9-b0aa-140bb6832a3c_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentDividendPayables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BEPC exchangeable shares distributions payable </link:label>
<link:label id="lab_ifrs-full_CurrentDividendPayables_label_en-US" xlink:label="lab_ifrs-full_CurrentDividendPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current dividend payables </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentDividendPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentDividendPayables"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentDividendPayables" xlink:to="lab_ifrs-full_CurrentDividendPayables" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GeographicalAreasAxis_fed1ad0d-25fe-461f-b9e9-31dcf3aa7cb6_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Geographical areas [axis] </link:label>
<link:label id="lab_ifrs-full_GeographicalAreasAxis_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Geographical areas [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GeographicalAreasAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasAxis" xlink:to="lab_ifrs-full_GeographicalAreasAxis" xlink:type="arc" order="1"/>
<link:label id="lab_dei_IcfrAuditorAttestationFlag_50d941fa-7279-4551-a809-cb138e60ad56_terseLabel_en-US" xlink:label="lab_dei_IcfrAuditorAttestationFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> ICFR Auditor Attestation Flag </link:label>
<link:label id="lab_dei_IcfrAuditorAttestationFlag_label_en-US" xlink:label="lab_dei_IcfrAuditorAttestationFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> ICFR Auditor Attestation Flag </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_IcfrAuditorAttestationFlag" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_IcfrAuditorAttestationFlag"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_IcfrAuditorAttestationFlag" xlink:to="lab_dei_IcfrAuditorAttestationFlag" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InterestCostsAbstract_c64abe4f-bfe5-49b0-9342-81d0cc5825b1_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestCostsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest expense </link:label>
<link:label id="lab_ifrs-full_InterestCostsAbstract_label_en-US" xlink:label="lab_ifrs-full_InterestCostsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest costs [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestCostsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestCostsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestCostsAbstract" xlink:to="lab_ifrs-full_InterestCostsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ClassCMember_1e778771-dca1-4f11-ad31-6936dae6c07f_terseLabel_en-US" xlink:label="lab_bepc_ClassCMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class C </link:label>
<link:label id="lab_bepc_ClassCMember_label_en-US" xlink:label="lab_bepc_ClassCMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class C [Member] </link:label>
<link:label id="lab_bepc_ClassCMember_documentation_en-US" xlink:label="lab_bepc_ClassCMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class C </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ClassCMember" xlink:href="bepc-20231231.xsd#bepc_ClassCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ClassCMember" xlink:to="lab_bepc_ClassCMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeAbstract_8035d078-6df4-495b-9b85-ece5bbac6f35_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Items recognized through OCI: </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ChangesInGoodwillAbstract_label_en-US" xlink:label="lab_ifrs-full_ChangesInGoodwillAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Changes in goodwill [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInGoodwillAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ChangesInGoodwillAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInGoodwillAbstract" xlink:to="lab_ifrs-full_ChangesInGoodwillAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_a2a298ab-83d7-4707-b4e4-5015e55d9f21_totalLabel_en-US" xlink:label="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total fair value of net assets acquired including goodwill, net of non-controlling interests </link:label>
<link:label id="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_label_en-US" xlink:label="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Identifiable assets acquired (liabilities assumed) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:to="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InsuranceExpense_7b0eed3e-f7ad-463e-b3df-b4cf33cb7b79_negatedLabel_en-US" xlink:label="lab_ifrs-full_InsuranceExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Insurance </link:label>
<link:label id="lab_ifrs-full_InsuranceExpense_label_en-US" xlink:label="lab_ifrs-full_InsuranceExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Insurance expense </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InsuranceExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceExpense"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InsuranceExpense" xlink:to="lab_ifrs-full_InsuranceExpense" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OtherNoncurrentLiabilitiesConcession_bbf416b0-132a-4842-b7ef-1a3a60f4d705_terseLabel_en-US" xlink:label="lab_bepc_OtherNoncurrentLiabilitiesConcession" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Concession payment liability </link:label>
<link:label id="lab_bepc_OtherNoncurrentLiabilitiesConcession_label_en-US" xlink:label="lab_bepc_OtherNoncurrentLiabilitiesConcession" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other non-current liabilities concession </link:label>
<link:label id="lab_bepc_OtherNoncurrentLiabilitiesConcession_documentation_en-US" xlink:label="lab_bepc_OtherNoncurrentLiabilitiesConcession" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The amount of non-current liabilities related to concession payment. [Refer: Non-current liabilities] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OtherNoncurrentLiabilitiesConcession" xlink:href="bepc-20231231.xsd#bepc_OtherNoncurrentLiabilitiesConcession"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OtherNoncurrentLiabilitiesConcession" xlink:to="lab_bepc_OtherNoncurrentLiabilitiesConcession" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ContingentAndDeferredConsiderationRelatedToAcquisitionsMember_77fc8945-9b1d-4a5a-b502-a05ec2b4989b_terseLabel_en-US" xlink:label="lab_bepc_ContingentAndDeferredConsiderationRelatedToAcquisitionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contingent And Deferred Consideration Related To Acquisitions </link:label>
<link:label id="lab_bepc_ContingentAndDeferredConsiderationRelatedToAcquisitionsMember_label_en-US" xlink:label="lab_bepc_ContingentAndDeferredConsiderationRelatedToAcquisitionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contingent And Deferred Consideration Related To Acquisitions [Member] </link:label>
<link:label id="lab_bepc_ContingentAndDeferredConsiderationRelatedToAcquisitionsMember_documentation_en-US" xlink:label="lab_bepc_ContingentAndDeferredConsiderationRelatedToAcquisitionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contingent And Deferred Consideration Related To Acquisitions </link:label>
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<link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_d1efb69b-bee6-45e2-ba96-a87175028018_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Goodwill </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_9b04608a-d357-4b3d-98b6-33861195d9b6_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign exchange and other </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through net exchange differences, goodwill </link:label>
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<link:label id="lab_bepc_TaxBenefitExpenseArisingFromPreviouslyUnrecognisedTaxLossIncomeTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense_c766351a-6692-4d32-97e0-dd834f85b64c_negatedTerseLabel_en-US" xlink:label="lab_bepc_TaxBenefitExpenseArisingFromPreviouslyUnrecognisedTaxLossIncomeTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Relating to unrecognized temporary differences and tax losses </link:label>
<link:label id="lab_bepc_TaxBenefitExpenseArisingFromPreviouslyUnrecognisedTaxLossIncomeTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense_label_en-US" xlink:label="lab_bepc_TaxBenefitExpenseArisingFromPreviouslyUnrecognisedTaxLossIncomeTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Tax benefit (expense) arising from previously unrecognised tax loss (income), tax credit or temporary difference of prior period used to reduce deferred tax expense </link:label>
<link:label id="lab_bepc_TaxBenefitExpenseArisingFromPreviouslyUnrecognisedTaxLossIncomeTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense_documentation_en-US" xlink:label="lab_bepc_TaxBenefitExpenseArisingFromPreviouslyUnrecognisedTaxLossIncomeTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Tax benefit (expense) arising from previously unrecognised tax loss (income), tax credit or temporary difference of prior period used to reduce deferred tax expense </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_TaxBenefitExpenseArisingFromPreviouslyUnrecognisedTaxLossIncomeTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense" xlink:href="bepc-20231231.xsd#bepc_TaxBenefitExpenseArisingFromPreviouslyUnrecognisedTaxLossIncomeTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense"/>
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<link:label id="lab_bepc_NoncapitalLossesMember_eebb9c3b-0468-45e5-b2bf-0ed75a012281_terseLabel_en-US" xlink:label="lab_bepc_NoncapitalLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-capital losses </link:label>
<link:label id="lab_bepc_NoncapitalLossesMember_label_en-US" xlink:label="lab_bepc_NoncapitalLossesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Noncapital Losses Member </link:label>
<link:label id="lab_bepc_NoncapitalLossesMember_documentation_en-US" xlink:label="lab_bepc_NoncapitalLossesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Noncapital losses </link:label>
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<link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsLineItems_118cc73f-3558-4576-9917-2dd6b2fccc42_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of other provisions [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of other provisions [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOtherProvisionsLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ServicesReceivedRelatedPartyTransactions_35e576c2-898c-4e8e-8d2e-4780daca97f8_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ServicesReceivedRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Insurance services </link:label>
<link:label id="lab_ifrs-full_ServicesReceivedRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_ServicesReceivedRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Services received, related party transactions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ServicesReceivedRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ServicesReceivedRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ServicesReceivedRelatedPartyTransactions" xlink:to="lab_ifrs-full_ServicesReceivedRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of objectives, policies and processes for managing capital [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalAbstract" xlink:to="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParent_e9a42163-07e0-4c5e-b446-af792472ebcc_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The partnership </link:label>
<link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParent_label_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity attributable to owners of parent </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAttributableToOwnersOfParent" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EquityAttributableToOwnersOfParent"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_EquityAttributableToOwnersOfParent" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NonCashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_9dc8bd57-849e-46a9-8c2f-7bab33a2ef33_terseLabel_en-US" xlink:label="lab_bepc_NonCashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share of earnings from equity-accounted investments </link:label>
<link:label id="lab_bepc_NonCashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_bepc_NonCashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non Cash Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method </link:label>
<link:label id="lab_bepc_NonCashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_documentation_en-US" xlink:label="lab_bepc_NonCashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non Cash Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NonCashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:href="bepc-20231231.xsd#bepc_NonCashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NonCashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="lab_bepc_NonCashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfNonoperatingIncomeExpenseExplanatoryTextBlock_72d357be-5a3b-4b9a-8f54-de4a33eb926f_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfNonoperatingIncomeExpenseExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> OTHER </link:label>
<link:label id="lab_bepc_DisclosureOfNonoperatingIncomeExpenseExplanatoryTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfNonoperatingIncomeExpenseExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Nonoperating Income Expense Explanatory [Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfNonoperatingIncomeExpenseExplanatoryTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfNonoperatingIncomeExpenseExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other expense and income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfNonoperatingIncomeExpenseExplanatoryTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfNonoperatingIncomeExpenseExplanatoryTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfNonoperatingIncomeExpenseExplanatoryTextBlock" xlink:to="lab_bepc_DisclosureOfNonoperatingIncomeExpenseExplanatoryTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_fd54bce0-6b82-4dfc-9fbc-f81a03062f31_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Recently adopted accounting standards and Future changes in accounting policies </link:label>
<link:label id="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of expected impact of initial application of new standards or interpretations [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations"/>
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<link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems_a3ff879f-d45a-4106-a702-3744d31b1a2b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of associates [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of associates [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AllBusinessCombinationsMember_72b894d1-609e-42ba-aa93-e6a5763e12ca_terseLabel_en-US" xlink:label="lab_bepc_AllBusinessCombinationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total </link:label>
<link:label id="lab_bepc_AllBusinessCombinationsMember_label_en-US" xlink:label="lab_bepc_AllBusinessCombinationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> All Business Combinations [Member] </link:label>
<link:label id="lab_bepc_AllBusinessCombinationsMember_documentation_en-US" xlink:label="lab_bepc_AllBusinessCombinationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> All Business Combinations </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AllBusinessCombinationsMember" xlink:href="bepc-20231231.xsd#bepc_AllBusinessCombinationsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AllBusinessCombinationsMember" xlink:to="lab_bepc_AllBusinessCombinationsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfCashFlowStatementExplanatory_d54bef5f-6ab9-4d03-9e33-14e66fb71f75_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> SUPPLEMENTAL INFORMATION </link:label>
<link:label id="lab_ifrs-full_DisclosureOfCashFlowStatementExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of cash flow statement [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfCashFlowStatementExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:to="lab_ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_f5a6f3e2-aca5-4ce2-b114-40a3ce467499_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about borrowings [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about borrowings [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:type="arc" order="1"/>
<link:label id="lab_dei_SecurityExchangeName_bfffea72-8fcb-4fec-be8b-f39769b76df3_terseLabel_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Security Exchange Name </link:label>
<link:label id="lab_dei_SecurityExchangeName_label_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Security Exchange Name </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityExchangeName"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SecurityExchangeName" xlink:to="lab_dei_SecurityExchangeName" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ManagementFeeExpenses_c86a95c3-43bd-4a07-baf7-57ce51f13015_negatedTerseLabel_en-US" xlink:label="lab_bepc_ManagementFeeExpenses" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Management service agreement </link:label>
<link:label id="lab_bepc_ManagementFeeExpenses_label_en-US" xlink:label="lab_bepc_ManagementFeeExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Management Fee Expenses </link:label>
<link:label id="lab_bepc_ManagementFeeExpenses_documentation_en-US" xlink:label="lab_bepc_ManagementFeeExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Management Fee Expense </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ManagementFeeExpenses" xlink:href="bepc-20231231.xsd#bepc_ManagementFeeExpenses"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ManagementFeeExpenses" xlink:to="lab_bepc_ManagementFeeExpenses" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems_caff6b82-8481-4809-9cd2-0afd6fb42134_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of subsidiaries [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of subsidiaries [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_LaterThanFiveYearsMember_0eac393b-da10-4d17-87e6-62c5275cccbb_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> > 5 years </link:label>
<link:label id="lab_ifrs-full_LaterThanFiveYearsMember_04aa2e86-c90b-4241-be1f-7ee5262387e8_verboseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Thereafter </link:label>
<link:label id="lab_ifrs-full_LaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Later than five years [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanFiveYearsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanFiveYearsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfOperatingSegmentsBalanceSheetExplanatoryTableTextBlock_b5970a48-eb41-4c26-a0a6-ea0d15b97401_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfOperatingSegmentsBalanceSheetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of segmented basis about certain items in statement of financial position </link:label>
<link:label id="lab_bepc_DisclosureOfOperatingSegmentsBalanceSheetExplanatoryTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfOperatingSegmentsBalanceSheetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Operating Segments Balance Sheet Explanatory [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfOperatingSegmentsBalanceSheetExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfOperatingSegmentsBalanceSheetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of operating segments balance sheet </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfOperatingSegmentsBalanceSheetExplanatoryTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfOperatingSegmentsBalanceSheetExplanatoryTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfOperatingSegmentsBalanceSheetExplanatoryTableTextBlock" xlink:to="lab_bepc_DisclosureOfOperatingSegmentsBalanceSheetExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment_2e1f5d36-49ab-488e-a6d6-be3890ecc031_verboseLabel_en-US" xlink:label="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change in fair value </link:label>
<link:label id="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment_3e6c470a-e72b-4a68-ba38-9322621c0887_terseLabel_en-US" xlink:label="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change in fair value </link:label>
<link:label id="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revaluation increase (decrease), property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:to="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about business combination [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfBusinessCombinationsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_dei_DocumentType_d2a69028-3e35-406a-a6a2-2e09bd98c1ed_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Type </link:label>
<link:label id="lab_dei_DocumentType_label_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Type </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentType"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AuditInformationAbstract_label_en-US" xlink:label="lab_bepc_AuditInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Audit Information [Abstract] </link:label>
<link:label id="lab_bepc_AuditInformationAbstract_documentation_en-US" xlink:label="lab_bepc_AuditInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Audit Information </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AuditInformationAbstract" xlink:href="bepc-20231231.xsd#bepc_AuditInformationAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AuditInformationAbstract" xlink:to="lab_bepc_AuditInformationAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q42023USVariousSOFRFinancing2028Member_b221a06b-c022-4217-9c56-f65fdf4265f7_terseLabel_en-US" xlink:label="lab_bepc_Q42023USVariousSOFRFinancing2028Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Wind, SOFR, Financing, 2028 </link:label>
<link:label id="lab_bepc_Q42023USVariousSOFRFinancing2028Member_label_en-US" xlink:label="lab_bepc_Q42023USVariousSOFRFinancing2028Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Various, SOFR, Financing, 2028 [Member] </link:label>
<link:label id="lab_bepc_Q42023USVariousSOFRFinancing2028Member_documentation_en-US" xlink:label="lab_bepc_Q42023USVariousSOFRFinancing2028Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Various, SOFR, Financing, 2028 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q42023USVariousSOFRFinancing2028Member" xlink:href="bepc-20231231.xsd#bepc_Q42023USVariousSOFRFinancing2028Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q42023USVariousSOFRFinancing2028Member" xlink:to="lab_bepc_Q42023USVariousSOFRFinancing2028Member" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_772de354-3813-4ae1-bfdb-961a3b0c4a1e_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Assets held for sale </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for non-current assets or disposal groups classified as held for sale [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory_af799fdf-a82b-4207-87de-e5f22c90b9dd_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of other </link:label>
<link:label id="lab_ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of other operating expense [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Revenuefromsaleofgoodsrelatedpartytransactionspowerpurchaseagreements_800c8aa2-c47f-4322-b277-deefa1d74177_terseLabel_en-US" xlink:label="lab_bepc_Revenuefromsaleofgoodsrelatedpartytransactionspowerpurchaseagreements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Power purchase and revenue agreements </link:label>
<link:label id="lab_bepc_Revenuefromsaleofgoodsrelatedpartytransactionspowerpurchaseagreements_label_en-US" xlink:label="lab_bepc_Revenuefromsaleofgoodsrelatedpartytransactionspowerpurchaseagreements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revenue From Sale Of Goods Related Party Transactions Power Purchase Agreements </link:label>
<link:label id="lab_bepc_Revenuefromsaleofgoodsrelatedpartytransactionspowerpurchaseagreements_documentation_en-US" xlink:label="lab_bepc_Revenuefromsaleofgoodsrelatedpartytransactionspowerpurchaseagreements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revenue from related party transactions power purchase agreements </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Revenuefromsaleofgoodsrelatedpartytransactionspowerpurchaseagreements" xlink:href="bepc-20231231.xsd#bepc_Revenuefromsaleofgoodsrelatedpartytransactionspowerpurchaseagreements"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Revenuefromsaleofgoodsrelatedpartytransactionspowerpurchaseagreements" xlink:to="lab_bepc_Revenuefromsaleofgoodsrelatedpartytransactionspowerpurchaseagreements" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_FinanceCosts_2eb98f0e-5ba0-4d06-bc50-3016412211fd_negatedLabel_en-US" xlink:label="lab_ifrs-full_FinanceCosts" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Additional financing fees and discounts </link:label>
<link:label id="lab_ifrs-full_FinanceCosts_label_en-US" xlink:label="lab_ifrs-full_FinanceCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Finance costs </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinanceCosts" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinanceCosts"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinanceCosts" xlink:to="lab_ifrs-full_FinanceCosts" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_6e57beb7-7ce4-40f8-887e-75d3575902ba_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 2028 </link:label>
<link:label id="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Later than four years and not later than five years [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_de2c19c9-6b82-4ec9-a876-72cb28db2ff8_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 2027 </link:label>
<link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Later than three years and not later than four years [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_FinancialLiabilities1Member_6d002f6e-fa45-4635-81a0-1de70b8a2a25_terseLabel_en-US" xlink:label="lab_bepc_FinancialLiabilities1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Instruments Liabilities </link:label>
<link:label id="lab_bepc_FinancialLiabilities1Member_label_en-US" xlink:label="lab_bepc_FinancialLiabilities1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Liabilities1 [Member] </link:label>
<link:label id="lab_bepc_FinancialLiabilities1Member_documentation_en-US" xlink:label="lab_bepc_FinancialLiabilities1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Liabilities1 [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_FinancialLiabilities1Member" xlink:href="bepc-20231231.xsd#bepc_FinancialLiabilities1Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_FinancialLiabilities1Member" xlink:to="lab_bepc_FinancialLiabilities1Member" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfSignificantInvestmentsInSubsidiariesTableTableTextBlock_ac7474aa-0edd-445e-b6c3-de8689bd9a7a_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfSignificantInvestmentsInSubsidiariesTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of subsidiaries </link:label>
<link:label id="lab_bepc_DisclosureOfSignificantInvestmentsInSubsidiariesTableTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfSignificantInvestmentsInSubsidiariesTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Significant Investments In Subsidiaries Table [Table Text Block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfSignificantInvestmentsInSubsidiariesTableTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfSignificantInvestmentsInSubsidiariesTableTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfSignificantInvestmentsInSubsidiariesTableTableTextBlock" xlink:to="lab_bepc_DisclosureOfSignificantInvestmentsInSubsidiariesTableTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_TradeAndOtherCurrentReceivablesExcludingPrepaid_9a014d33-e3d9-4c80-9f38-2206029df0ae_terseLabel_en-US" xlink:label="lab_bepc_TradeAndOtherCurrentReceivablesExcludingPrepaid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trade receivables and other short-term receivables </link:label>
<link:label id="lab_bepc_TradeAndOtherCurrentReceivablesExcludingPrepaid_label_en-US" xlink:label="lab_bepc_TradeAndOtherCurrentReceivablesExcludingPrepaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trade And Other Current Receivables Excluding Prepaid </link:label>
<link:label id="lab_bepc_TradeAndOtherCurrentReceivablesExcludingPrepaid_documentation_en-US" xlink:label="lab_bepc_TradeAndOtherCurrentReceivablesExcludingPrepaid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trade And Other Current Receivables Excluding Prepaid </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_TradeAndOtherCurrentReceivablesExcludingPrepaid" xlink:href="bepc-20231231.xsd#bepc_TradeAndOtherCurrentReceivablesExcludingPrepaid"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_TradeAndOtherCurrentReceivablesExcludingPrepaid" xlink:to="lab_bepc_TradeAndOtherCurrentReceivablesExcludingPrepaid" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests_1a58e320-d38f-460d-a286-89cd43694d24_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net income attributable to non-controlling interests </link:label>
<link:label id="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests_ea968ac2-869d-4d5a-a579-1dfe051cf9a5_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net income (loss) </link:label>
<link:label id="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Profit (loss), attributable to non-controlling interests </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:to="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis_6f357ac6-dd2e-473c-ac44-8c3b5a0531b8_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Types of financial liabilities [axis] </link:label>
<link:label id="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Types of financial liabilities [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfFinancialLiabilitiesAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:to="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_b073cd24-dcfa-429b-b503-f25678aa5063_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> PROPERTY, PLANT AND EQUIPMENT, AT FAIR VALUE </link:label>
<link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of property, plant and equipment [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfRestrictedCashAndCashEquivalentsExplanatory_859d00c4-8ca0-4829-91ce-2eb40f953e7d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRestrictedCashAndCashEquivalentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> RESTRICTED CASH </link:label>
<link:label id="lab_ifrs-full_DisclosureOfRestrictedCashAndCashEquivalentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRestrictedCashAndCashEquivalentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of restricted cash and cash equivalents [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRestrictedCashAndCashEquivalentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfRestrictedCashAndCashEquivalentsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRestrictedCashAndCashEquivalentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRestrictedCashAndCashEquivalentsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_2ef77fbd-a89e-46f6-82eb-5df4dfffb1ea_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about property, plant and equipment [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about property, plant and equipment [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_GainLossOnRemeasurementOfShares_f77fa70b-87e0-46cf-9f92-40f66fc9f61d_terseLabel_en-US" xlink:label="lab_bepc_GainLossOnRemeasurementOfShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Remeasurement of BEPC exchangeable and class B shares </link:label>
<link:label id="lab_bepc_GainLossOnRemeasurementOfShares_cee887e9-fbad-46f9-8433-ded8be84ca94_negatedTerseLabel_en-US" xlink:label="lab_bepc_GainLossOnRemeasurementOfShares" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Remeasurement of BEPC exchangeable and class B shares </link:label>
<link:label id="lab_bepc_GainLossOnRemeasurementOfShares_label_en-US" xlink:label="lab_bepc_GainLossOnRemeasurementOfShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gain (Loss) On Remeasurement Of Shares </link:label>
<link:label id="lab_bepc_GainLossOnRemeasurementOfShares_documentation_en-US" xlink:label="lab_bepc_GainLossOnRemeasurementOfShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gain (Loss) On Remeasurement Of Shares </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_GainLossOnRemeasurementOfShares" xlink:href="bepc-20231231.xsd#bepc_GainLossOnRemeasurementOfShares"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_GainLossOnRemeasurementOfShares" xlink:to="lab_bepc_GainLossOnRemeasurementOfShares" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_TypesOfRisksMember_eb77dfc8-1821-40bc-8666-f9ddfdf77ae4_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfRisksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Risks [member] </link:label>
<link:label id="lab_ifrs-full_TypesOfRisksMember_label_en-US" xlink:label="lab_ifrs-full_TypesOfRisksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Risks [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfRisksMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfRisksMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfRisksMember" xlink:to="lab_ifrs-full_TypesOfRisksMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncomeStatementAbstract_label_en-US" xlink:label="lab_ifrs-full_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Profit or loss [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeStatementAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeStatementAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeStatementAbstract" xlink:to="lab_ifrs-full_IncomeStatementAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsTable_b14dba8f-6573-4526-935c-3c07935f78bc_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about business combination [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about business combination [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfBusinessCombinationsTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_TopOfRangeMember_10282acb-c86d-47ad-bb65-1d958fe74afa_terseLabel_en-US" xlink:label="lab_ifrs-full_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Top of range </link:label>
<link:label id="lab_ifrs-full_TopOfRangeMember_label_en-US" xlink:label="lab_ifrs-full_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Top of range [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TopOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TopOfRangeMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TopOfRangeMember" xlink:to="lab_ifrs-full_TopOfRangeMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncomeTaxesPaidRefund_509474fa-9faf-471f-8e1e-0624bcecf299_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxesPaidRefund" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Income taxes paid </link:label>
<link:label id="lab_ifrs-full_IncomeTaxesPaidRefund_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxesPaidRefund" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Income taxes paid (refund) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxesPaidRefund" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeTaxesPaidRefund"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxesPaidRefund" xlink:to="lab_ifrs-full_IncomeTaxesPaidRefund" xlink:type="arc" order="1"/>
<link:label id="lab_dei_Security12bTitle_f04aa7b0-ae1f-4292-b186-e666616b7f96_terseLabel_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Title of 12(b) Security </link:label>
<link:label id="lab_dei_Security12bTitle_label_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Title of 12(b) Security </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12bTitle"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle" xlink:to="lab_dei_Security12bTitle" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherCurrentAssets_53304251-103e-4281-a003-b56c6fa8b5c9_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other short-term receivables </link:label>
<link:label id="lab_ifrs-full_OtherCurrentAssets_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other current assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherCurrentAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentAssets" xlink:to="lab_ifrs-full_OtherCurrentAssets" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_4f2cdb58-d440-4206-9139-4a378328e446_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of disaggregation of revenue from contracts with customers [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of disaggregation of revenue from contracts with customers [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable"/>
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<link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_8d84065c-9490-4bbb-a750-56bd57140699_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Accounts payable and accrued liabilities </link:label>
<link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Adjustments for increase (decrease) in trade accounts payable </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable"/>
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<link:label id="lab_ifrs-full_ReconciliationOfNumberOfSharesOutstandingAbstract_fb1f25aa-5df5-4464-8d6e-a704491feb67_terseLabel_en-US" xlink:label="lab_ifrs-full_ReconciliationOfNumberOfSharesOutstandingAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reconciliation of number of shares outstanding [abstract] </link:label>
<link:label id="lab_ifrs-full_ReconciliationOfNumberOfSharesOutstandingAbstract_label_en-US" xlink:label="lab_ifrs-full_ReconciliationOfNumberOfSharesOutstandingAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reconciliation of number of shares outstanding [abstract] </link:label>
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<link:label id="lab_bepc_HydroelectricPowerCapacity_7566f837-579e-464e-864e-9ba84b9205e2_terseLabel_en-US" xlink:label="lab_bepc_HydroelectricPowerCapacity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hydroelectric power capacity </link:label>
<link:label id="lab_bepc_HydroelectricPowerCapacity_label_en-US" xlink:label="lab_bepc_HydroelectricPowerCapacity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hydroelectric Power Capacity </link:label>
<link:label id="lab_bepc_HydroelectricPowerCapacity_documentation_en-US" xlink:label="lab_bepc_HydroelectricPowerCapacity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hydroelectric Power Capacity </link:label>
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<link:label id="lab_bepc_ManagementFeeExpense1_a6b782c8-c1d1-40b7-8514-3b3801df3f06_negatedLabel_en-US" xlink:label="lab_bepc_ManagementFeeExpense1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Management service costs </link:label>
<link:label id="lab_bepc_ManagementFeeExpense1_386a8a95-032b-4121-9c08-4341db11aa41_negatedTerseLabel_en-US" xlink:label="lab_bepc_ManagementFeeExpense1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Management service costs </link:label>
<link:label id="lab_bepc_ManagementFeeExpense1_label_en-US" xlink:label="lab_bepc_ManagementFeeExpense1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Management Fee Expense1 </link:label>
<link:label id="lab_bepc_ManagementFeeExpense1_documentation_en-US" xlink:label="lab_bepc_ManagementFeeExpense1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Management Fee Expense </link:label>
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<link:label id="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionExplanatoryTableTextBlock_8640244b-d40a-4626-be4a-bc2b6043c5a1_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of net financial instrument positions </link:label>
<link:label id="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionExplanatoryTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Derivative Assets Liabilities Net Position, Explanatory [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net position of derivative assets and liabilities at the time of reporting </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionExplanatoryTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionExplanatoryTableTextBlock"/>
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<link:label id="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalLineItems_7e37c3a3-a7aa-4e87-a0eb-f03d918a796b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of objectives, policies and processes for managing capital [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of objectives, policies and processes for managing capital [line items] </link:label>
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<link:label id="lab_ifrs-full_InitiallyAppliedIFRSsAxis_623c56cd-062b-48f6-bde3-e5ccc3b4089b_terseLabel_en-US" xlink:label="lab_ifrs-full_InitiallyAppliedIFRSsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Initially applied IFRSs [axis] </link:label>
<link:label id="lab_ifrs-full_InitiallyAppliedIFRSsAxis_label_en-US" xlink:label="lab_ifrs-full_InitiallyAppliedIFRSsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Initially applied IFRSs [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InitiallyAppliedIFRSsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InitiallyAppliedIFRSsAxis"/>
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<link:label id="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory_14da29ea-aa18-491a-8966-a6a9fa406660_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> EQUITY-ACCOUNTED INVESTMENTS </link:label>
<link:label id="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of investments accounted for using equity method [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory"/>
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<link:label id="lab_bepc_ForeignExchangeTranslation_67266b36-45d9-4ed4-9f19-a0d8a30f23fe_terseLabel_en-US" xlink:label="lab_bepc_ForeignExchangeTranslation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign exchange translation and other </link:label>
<link:label id="lab_bepc_ForeignExchangeTranslation_label_en-US" xlink:label="lab_bepc_ForeignExchangeTranslation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign Exchange Translation </link:label>
<link:label id="lab_bepc_ForeignExchangeTranslation_documentation_en-US" xlink:label="lab_bepc_ForeignExchangeTranslation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase Decrease Through Net Exchange Differences Investment Accounted For Using Equity Method </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ForeignExchangeTranslation" xlink:href="bepc-20231231.xsd#bepc_ForeignExchangeTranslation"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ForeignExchangeTranslation" xlink:to="lab_bepc_ForeignExchangeTranslation" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionLineItems_6a9ddb7a-675c-494a-a240-de64cd532b99_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of derivative assets liabilities net position [Line Items] </link:label>
<link:label id="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionLineItems_label_en-US" xlink:label="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of derivative assets liabilities net position [Line Items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionLineItems" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionLineItems"/>
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<link:label id="lab_bepc_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOnEquityAccountedInvestments_01bc8a5b-2aa4-4f0e-a7b7-d21188148779_terseLabel_en-US" xlink:label="lab_bepc_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOnEquityAccountedInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity-accounted investments </link:label>
<link:label id="lab_bepc_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOnEquityAccountedInvestments_label_en-US" xlink:label="lab_bepc_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOnEquityAccountedInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Comprehensive Income, Net Of Tax, Gains Losses On Revaluation On Equity Accounted Investments </link:label>
<link:label id="lab_bepc_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOnEquityAccountedInvestments_documentation_en-US" xlink:label="lab_bepc_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOnEquityAccountedInvestments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Comprehensive Income, Net Of Tax, Gains Losses On Revaluation On Equity Accounted Investments </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOnEquityAccountedInvestments" xlink:href="bepc-20231231.xsd#bepc_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOnEquityAccountedInvestments"/>
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<link:label id="lab_bepc_BrookfieldReinsuranceMember_5b6ac641-1508-449a-8ff0-0f33df124a01_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldReinsuranceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Reinsurance </link:label>
<link:label id="lab_bepc_BrookfieldReinsuranceMember_label_en-US" xlink:label="lab_bepc_BrookfieldReinsuranceMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Reinsurance [Member] </link:label>
<link:label id="lab_bepc_BrookfieldReinsuranceMember_documentation_en-US" xlink:label="lab_bepc_BrookfieldReinsuranceMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Reinsurance </link:label>
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<link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_f99ff8de-b192-40a1-bd00-36edf402f777_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 2025 </link:label>
<link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Later than one year and not later than two years [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember"/>
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<link:label id="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_e201ef5e-bc82-441f-bc59-2ccfc6f0c8e2_totalLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) in cash and cash equivalents after effect of exchange rate changes </link:label>
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<link:label id="lab_bepc_ChangeInDiscountedSpotValueOfOutstandingHedgingInstruments_ee1b4e7d-57de-45c5-8804-96aefa82dec2_terseLabel_en-US" xlink:label="lab_bepc_ChangeInDiscountedSpotValueOfOutstandingHedgingInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change In Discounted Spot Value Of Outstanding Hedging Instruments </link:label>
<link:label id="lab_bepc_ChangeInDiscountedSpotValueOfOutstandingHedgingInstruments_label_en-US" xlink:label="lab_bepc_ChangeInDiscountedSpotValueOfOutstandingHedgingInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change In Discounted Spot Value Of Outstanding Hedging Instruments </link:label>
<link:label id="lab_bepc_ChangeInDiscountedSpotValueOfOutstandingHedgingInstruments_documentation_en-US" xlink:label="lab_bepc_ChangeInDiscountedSpotValueOfOutstandingHedgingInstruments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change In Discounted Spot Value Of Outstanding Hedging Instruments </link:label>
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<link:label id="lab_dei_EntityInteractiveDataCurrent_a2e6d9b9-764e-45d9-8aa1-d5fca0d0d045_terseLabel_en-US" xlink:label="lab_dei_EntityInteractiveDataCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Interactive Data Current </link:label>
<link:label id="lab_dei_EntityInteractiveDataCurrent_label_en-US" xlink:label="lab_dei_EntityInteractiveDataCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Interactive Data Current </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityInteractiveDataCurrent" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityInteractiveDataCurrent"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityInteractiveDataCurrent" xlink:to="lab_dei_EntityInteractiveDataCurrent" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures_f570052a-3f4e-4e4b-a2c9-e6dd9e0dc9c7_terseLabel_en-US" xlink:label="lab_ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The taxable temporary difference attributable to Brookfield Renewables interest in its subsidiaries </link:label>
<link:label id="lab_ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures_label_en-US" xlink:label="lab_ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Temporary differences associated with investments in subsidiaries, branches and associates and interests in joint arrangements for which deferred tax liabilities have not been recognised </link:label>
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<link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToAbstract_e46167e0-5d62-409d-a5ed-78b3b1b1c234_terseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Comprehensive income (loss) attributable to: </link:label>
<link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToAbstract_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Comprehensive income attributable to [abstract] </link:label>
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<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:to="lab_ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundVMember_5a48c5b8-3b86-4c97-a3e8-2c9eb03110ac_terseLabel_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundVMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Infrastructure Fund V </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundVMember_label_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries With Material Noncontrolling Interests Brookfield Infrastructure Fund V [Member] </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundVMember_documentation_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundVMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries With Material Noncontrolling Interests Brookfield Infrastructure Fund V </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundVMember" xlink:href="bepc-20231231.xsd#bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundVMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundVMember" xlink:to="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundVMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_Level1OfFairValueHierarchyMember_98f33ea6-2e08-472f-b0c2-c5e00d79b1bb_terseLabel_en-US" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Level 1 </link:label>
<link:label id="lab_ifrs-full_Level1OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Level 1 of fair value hierarchy [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level1OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Level1OfFairValueHierarchyMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityWellKnownSeasonedIssuer_4948d388-89e1-4ae1-9c95-a147f247d1c7_terseLabel_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Well Known Seasoned Issuer </link:label>
<link:label id="lab_dei_EntityWellKnownSeasonedIssuer_label_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Well-known Seasoned Issuer </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityWellKnownSeasonedIssuer" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityWellKnownSeasonedIssuer"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityWellKnownSeasonedIssuer" xlink:to="lab_dei_EntityWellKnownSeasonedIssuer" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_InputDomain_1ea41d92-9e1c-4349-adee-6d92207fde7a_terseLabel_en-US" xlink:label="lab_bepc_InputDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Input [Domain] </link:label>
<link:label id="lab_bepc_InputDomain_label_en-US" xlink:label="lab_bepc_InputDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Input [Domain] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_InputDomain" xlink:href="bepc-20231231.xsd#bepc_InputDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_InputDomain" xlink:to="lab_bepc_InputDomain" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_2d2ff6de-501b-4e98-b511-34b5db23a2b7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of derivative contracts designated as hedging instruments </link:label>
<link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about hedging instruments [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent_05cb1cf6-926a-46c5-8173-067a7b1bbb4e_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The partnership </link:label>
<link:label id="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Profit (loss), attributable to owners of parent </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable_b7ba44b0-2a79-458b-8527-43d6253fff8e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of subsidiaries [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of subsidiaries [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DerivativeFinancialLiabilitiesAssetsDomain_448acaf2-67e7-489c-b33c-2bd58b790e4b_terseLabel_en-US" xlink:label="lab_bepc_DerivativeFinancialLiabilitiesAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative Financial Liabilities Assets [Member] </link:label>
<link:label id="lab_bepc_DerivativeFinancialLiabilitiesAssetsDomain_label_en-US" xlink:label="lab_bepc_DerivativeFinancialLiabilitiesAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative Financial Liabilities Assets [Domain] </link:label>
<link:label id="lab_bepc_DerivativeFinancialLiabilitiesAssetsDomain_documentation_en-US" xlink:label="lab_bepc_DerivativeFinancialLiabilitiesAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative Financial Liabilities Assets [Domain] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DerivativeFinancialLiabilitiesAssetsDomain" xlink:href="bepc-20231231.xsd#bepc_DerivativeFinancialLiabilitiesAssetsDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DerivativeFinancialLiabilitiesAssetsDomain" xlink:to="lab_bepc_DerivativeFinancialLiabilitiesAssetsDomain" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_GasFiredCogeneratingCogenerationUnitsMember_ef4f35dd-ace9-4e0a-b342-b13b801ef87a_terseLabel_en-US" xlink:label="lab_bepc_GasFiredCogeneratingCogenerationUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gas-fired cogenerating (“Cogeneration”) units </link:label>
<link:label id="lab_bepc_GasFiredCogeneratingCogenerationUnitsMember_label_en-US" xlink:label="lab_bepc_GasFiredCogeneratingCogenerationUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gas-fired cogenerating Cogeneration units [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_GasFiredCogeneratingCogenerationUnitsMember" xlink:href="bepc-20231231.xsd#bepc_GasFiredCogeneratingCogenerationUnitsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_GasFiredCogeneratingCogenerationUnitsMember" xlink:to="lab_bepc_GasFiredCogeneratingCogenerationUnitsMember" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityIncorporationStateCountryCode_37815bba-ecbe-47a8-b51f-5a606cd3f49b_terseLabel_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Incorporation, State or Country Code </link:label>
<link:label id="lab_dei_EntityIncorporationStateCountryCode_label_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Incorporation, State or Country Code </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityIncorporationStateCountryCode"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode" xlink:to="lab_dei_EntityIncorporationStateCountryCode" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfOperatingSegmentsConsolidatedPropertyPlantAndEquipmentAndEquityAccountedInvestmentsTableTextBlock_f84a297a-1977-4b23-9d9a-e4a634d59437_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfOperatingSegmentsConsolidatedPropertyPlantAndEquipmentAndEquityAccountedInvestmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of consolidated property, plant and equipment and equity-accounted investments split by geographical region </link:label>
<link:label id="lab_bepc_DisclosureOfOperatingSegmentsConsolidatedPropertyPlantAndEquipmentAndEquityAccountedInvestmentsTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfOperatingSegmentsConsolidatedPropertyPlantAndEquipmentAndEquityAccountedInvestmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Operating Segments Consolidated Property Plant And Equipment And Equity Accounted Investments [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfOperatingSegmentsConsolidatedPropertyPlantAndEquipmentAndEquityAccountedInvestmentsTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfOperatingSegmentsConsolidatedPropertyPlantAndEquipmentAndEquityAccountedInvestmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of operating segments equity accounted investments </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfOperatingSegmentsConsolidatedPropertyPlantAndEquipmentAndEquityAccountedInvestmentsTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfOperatingSegmentsConsolidatedPropertyPlantAndEquipmentAndEquityAccountedInvestmentsTableTextBlock"/>
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<link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory_a256ade9-b79b-47a4-84d7-e81dd69fb340_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> ACQUISITIONS </link:label>
<link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of business combinations [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfBusinessCombinationsExplanatory"/>
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<link:label id="lab_bepc_IncreaseDecreaseInCashCashEquivalentsandRestrictedCashClassifiedAsHeldforsale_245e572a-dc12-4eff-a452-a3ef70be1d2f_terseLabel_en-US" xlink:label="lab_bepc_IncreaseDecreaseInCashCashEquivalentsandRestrictedCashClassifiedAsHeldforsale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net change in cash classified within assets held for sale </link:label>
<link:label id="lab_bepc_IncreaseDecreaseInCashCashEquivalentsandRestrictedCashClassifiedAsHeldforsale_label_en-US" xlink:label="lab_bepc_IncreaseDecreaseInCashCashEquivalentsandRestrictedCashClassifiedAsHeldforsale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash, Classified As Held-for-sale </link:label>
<link:label id="lab_bepc_IncreaseDecreaseInCashCashEquivalentsandRestrictedCashClassifiedAsHeldforsale_documentation_en-US" xlink:label="lab_bepc_IncreaseDecreaseInCashCashEquivalentsandRestrictedCashClassifiedAsHeldforsale" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash, Classified As Held-for-sale </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncreaseDecreaseInCashCashEquivalentsandRestrictedCashClassifiedAsHeldforsale" xlink:href="bepc-20231231.xsd#bepc_IncreaseDecreaseInCashCashEquivalentsandRestrictedCashClassifiedAsHeldforsale"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IncreaseDecreaseInCashCashEquivalentsandRestrictedCashClassifiedAsHeldforsale" xlink:to="lab_bepc_IncreaseDecreaseInCashCashEquivalentsandRestrictedCashClassifiedAsHeldforsale" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_TotalAssets_298d3c1c-cad4-4a79-aa90-72e1ac788617_terseLabel_en-US" xlink:label="lab_bepc_TotalAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total assets </link:label>
<link:label id="lab_bepc_TotalAssets_label_en-US" xlink:label="lab_bepc_TotalAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total Assets </link:label>
<link:label id="lab_bepc_TotalAssets_documentation_en-US" xlink:label="lab_bepc_TotalAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total Assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_TotalAssets" xlink:href="bepc-20231231.xsd#bepc_TotalAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_TotalAssets" xlink:to="lab_bepc_TotalAssets" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate_fdd87514-5d0b-44b3-9b2e-c9e7a8462ea0_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other non-current assets </link:label>
<link:label id="lab_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current assets recognised as of acquisition date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_4c5857bf-8709-4f98-97f0-6ce8137775b1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of reconciliation of goodwill </link:label>
<link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about intangible assets [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory_43b49a0a-9cd0-4830-937b-13cd7d2219ea_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> RELATED PARTY TRANSACTIONS </link:label>
<link:label id="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of related party [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfRelatedPartyExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired_c385f003-a327-43ac-b74c-9accf451fc10_terseLabel_en-US" xlink:label="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Percentage of voting equity interests acquired </link:label>
<link:label id="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired_label_en-US" xlink:label="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Percentage of voting equity interests acquired </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AllOtherSegmentsMember_d0990bee-de27-4440-a8ad-3fbc31c92c80_terseLabel_en-US" xlink:label="lab_ifrs-full_AllOtherSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_ifrs-full_AllOtherSegmentsMember_label_en-US" xlink:label="lab_ifrs-full_AllOtherSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> All other segments [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AllOtherSegmentsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AllOtherSegmentsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AllOtherSegmentsMember" xlink:to="lab_ifrs-full_AllOtherSegmentsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome_7e8a428f-02ba-4529-85cd-8b918434d5cc_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investments in equity securities </link:label>
<link:label id="lab_ifrs-full_NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current investments in equity instruments designated at fair value through other comprehensive income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_ifrs-full_NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_c2bd4703-4704-4429-9d26-59a14431de2e_terseLabel_en-US" xlink:label="lab_bepc_CashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share of revenue, other income and direct operating costs from equity-accounted investments </link:label>
<link:label id="lab_bepc_CashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_bepc_CashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method </link:label>
<link:label id="lab_bepc_CashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_documentation_en-US" xlink:label="lab_bepc_CashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:href="bepc-20231231.xsd#bepc_CashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="lab_bepc_CashShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
<link:label id="lab_dei_AuditorLocation_d4267797-dcb8-4c4e-8770-91a9e27c4932_terseLabel_en-US" xlink:label="lab_dei_AuditorLocation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Auditor Location </link:label>
<link:label id="lab_dei_AuditorLocation_label_en-US" xlink:label="lab_dei_AuditorLocation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Auditor Location </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_AuditorLocation" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditorLocation"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorLocation" xlink:to="lab_dei_AuditorLocation" xlink:type="arc" order="1"/>
<link:label id="lab_country_CO_a533f0db-85fe-467e-93f9-61dc62eb44cd_terseLabel_en-US" xlink:label="lab_country_CO" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Colombia </link:label>
<link:label id="lab_country_CO_label_en-US" xlink:label="lab_country_CO" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> COLOMBIA </link:label>
<link:loc xlink:type="locator" xlink:label="loc_country_CO" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_CO"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CO" xlink:to="lab_country_CO" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary_381a0593-1f01-42ea-9342-fbaff3bd7a97_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Percentage of voting securities owned or controlled (%) </link:label>
<link:label id="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary_label_en-US" xlink:label="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proportion of voting rights held in subsidiary </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProportionOfVotingPowerHeldInSubsidiary"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:to="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfIncomeTaxExplanatory_1db99075-07f3-4e84-abae-e5db49e4c3a5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> INCOME TAXES </link:label>
<link:label id="lab_ifrs-full_DisclosureOfIncomeTaxExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of income tax [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfIncomeTaxExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:to="lab_ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_LimitedpartnersequitymemberMember_97760cff-f2ee-4893-9e0c-893e819190e0_terseLabel_en-US" xlink:label="lab_bepc_LimitedpartnersequitymemberMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The partnership </link:label>
<link:label id="lab_bepc_LimitedpartnersequitymemberMember_label_en-US" xlink:label="lab_bepc_LimitedpartnersequitymemberMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> LimitedPartnersEquityMember [Member] </link:label>
<link:label id="lab_bepc_LimitedpartnersequitymemberMember_documentation_en-US" xlink:label="lab_bepc_LimitedpartnersequitymemberMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Limited Partners' Equity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_LimitedpartnersequitymemberMember" xlink:href="bepc-20231231.xsd#bepc_LimitedpartnersequitymemberMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_LimitedpartnersequitymemberMember" xlink:to="lab_bepc_LimitedpartnersequitymemberMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_Equity_577bc227-7300-46c6-bb4a-cfecf23833c9_totalLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total Equity </link:label>
<link:label id="lab_ifrs-full_Equity_d7a7445b-c287-4d9f-844f-a02a55b0bf49_periodStartLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Beginning balance </link:label>
<link:label id="lab_ifrs-full_Equity_10344f44-c90c-4b07-915d-72df8c6fbfa8_periodEndLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ending balance </link:label>
<link:label id="lab_ifrs-full_Equity_d4e18173-248b-41ab-b35b-8711e9218981_terseLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity </link:label>
<link:label id="lab_ifrs-full_Equity_label_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Equity" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Equity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Equity" xlink:to="lab_ifrs-full_Equity" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DeferredtaxAssetsLiabilitiesMemberDomain_b7b63be6-ff41-4ccf-b973-f866d4f9fa45_terseLabel_en-US" xlink:label="lab_bepc_DeferredtaxAssetsLiabilitiesMemberDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred Tax Assets Liabilities [member] </link:label>
<link:label id="lab_bepc_DeferredtaxAssetsLiabilitiesMemberDomain_label_en-US" xlink:label="lab_bepc_DeferredtaxAssetsLiabilitiesMemberDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred Tax Assets Liabilities [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DeferredtaxAssetsLiabilitiesMemberDomain" xlink:href="bepc-20231231.xsd#bepc_DeferredtaxAssetsLiabilitiesMemberDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DeferredtaxAssetsLiabilitiesMemberDomain" xlink:to="lab_bepc_DeferredtaxAssetsLiabilitiesMemberDomain" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_EffectiveIncomeTaxAbstract_b679c738-e1fc-4e70-8e0e-2d6593c546ae_terseLabel_en-US" xlink:label="lab_bepc_EffectiveIncomeTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Effective income tax [abstract] </link:label>
<link:label id="lab_bepc_EffectiveIncomeTaxAbstract_label_en-US" xlink:label="lab_bepc_EffectiveIncomeTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Effective income tax [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_EffectiveIncomeTaxAbstract" xlink:href="bepc-20231231.xsd#bepc_EffectiveIncomeTaxAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_EffectiveIncomeTaxAbstract" xlink:to="lab_bepc_EffectiveIncomeTaxAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NetIncomeLossAttributableToUnitHolders_71a3c21c-0460-4a5f-be16-ab204abca364_totalLabel_en-US" xlink:label="lab_bepc_NetIncomeLossAttributableToUnitHolders" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net income (loss) attributable to the partnership </link:label>
<link:label id="lab_bepc_NetIncomeLossAttributableToUnitHolders_label_en-US" xlink:label="lab_bepc_NetIncomeLossAttributableToUnitHolders" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net Income (Loss) Attributable To Unit Holders </link:label>
<link:label id="lab_bepc_NetIncomeLossAttributableToUnitHolders_documentation_en-US" xlink:label="lab_bepc_NetIncomeLossAttributableToUnitHolders" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The profit (loss) attributable to unit holders. </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NetIncomeLossAttributableToUnitHolders" xlink:href="bepc-20231231.xsd#bepc_NetIncomeLossAttributableToUnitHolders"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NetIncomeLossAttributableToUnitHolders" xlink:to="lab_bepc_NetIncomeLossAttributableToUnitHolders" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DerivativeFinancialAssets_a2d1ad65-0d3f-43c7-8ed7-49d9e0f1349f_terseLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial instrument assets </link:label>
<link:label id="lab_ifrs-full_DerivativeFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative financial assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DerivativeFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DerivativeFinancialAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativeFinancialAssets" xlink:to="lab_ifrs-full_DerivativeFinancialAssets" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_d2592033-19a7-461d-a154-467578d6e8a3_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Changes in fair value (hedge ineffectiveness) </link:label>
<link:label id="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (losses) on financial assets measured at fair value through other comprehensive income, before tax </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:to="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ComponentsOfEquityAxis_5d34b199-53dd-4e85-8adb-7da03387eb84_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Components of equity [axis] </link:label>
<link:label id="lab_ifrs-full_ComponentsOfEquityAxis_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Components of equity [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfEquityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComponentsOfEquityAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityAxis" xlink:to="lab_ifrs-full_ComponentsOfEquityAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_TaxEffectOfNonControllingInterest_992a4668-e3f0-4427-9e71-e5d261f5c80a_negatedTerseLabel_en-US" xlink:label="lab_bepc_TaxEffectOfNonControllingInterest" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-controlling interest </link:label>
<link:label id="lab_bepc_TaxEffectOfNonControllingInterest_label_en-US" xlink:label="lab_bepc_TaxEffectOfNonControllingInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Tax Effect Of Non-Controlling Interest </link:label>
<link:label id="lab_bepc_TaxEffectOfNonControllingInterest_documentation_en-US" xlink:label="lab_bepc_TaxEffectOfNonControllingInterest" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Tax Effect Of Non-Controlling Interest </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_TaxEffectOfNonControllingInterest" xlink:href="bepc-20231231.xsd#bepc_TaxEffectOfNonControllingInterest"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_TaxEffectOfNonControllingInterest" xlink:to="lab_bepc_TaxEffectOfNonControllingInterest" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NonoperatingExpenseFromIncome_f2e3bd06-da1e-4dd1-955e-349749b97eb1_terseLabel_en-US" xlink:label="lab_bepc_NonoperatingExpenseFromIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bepc_NonoperatingExpenseFromIncome_beba80ee-4a21-4d79-9d1c-72c70747a623_totalLabel_en-US" xlink:label="lab_bepc_NonoperatingExpenseFromIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other expenses, net </link:label>
<link:label id="lab_bepc_NonoperatingExpenseFromIncome_label_en-US" xlink:label="lab_bepc_NonoperatingExpenseFromIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Nonoperating Expense From Income </link:label>
<link:label id="lab_bepc_NonoperatingExpenseFromIncome_documentation_en-US" xlink:label="lab_bepc_NonoperatingExpenseFromIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Nonoperating Expense From Income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NonoperatingExpenseFromIncome" xlink:href="bepc-20231231.xsd#bepc_NonoperatingExpenseFromIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NonoperatingExpenseFromIncome" xlink:to="lab_bepc_NonoperatingExpenseFromIncome" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DebtAssociatedWithUnitedStatesDistributedGenerationPortfolioMatures2025Member_83ebf32c-55c1-4e49-8d63-a36d950a0286_terseLabel_en-US" xlink:label="lab_bepc_DebtAssociatedWithUnitedStatesDistributedGenerationPortfolioMatures2025Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Debt Associated With United States Distributed Generation Portfolio, Matures 2025 </link:label>
<link:label id="lab_bepc_DebtAssociatedWithUnitedStatesDistributedGenerationPortfolioMatures2025Member_label_en-US" xlink:label="lab_bepc_DebtAssociatedWithUnitedStatesDistributedGenerationPortfolioMatures2025Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Debt Associated With United States Distributed Generation Portfolio, Matures 2025 [Member] </link:label>
<link:label id="lab_bepc_DebtAssociatedWithUnitedStatesDistributedGenerationPortfolioMatures2025Member_documentation_en-US" xlink:label="lab_bepc_DebtAssociatedWithUnitedStatesDistributedGenerationPortfolioMatures2025Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Debt Associated With United States Distributed Generation Portfolio, Matures 2025 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DebtAssociatedWithUnitedStatesDistributedGenerationPortfolioMatures2025Member" xlink:href="bepc-20231231.xsd#bepc_DebtAssociatedWithUnitedStatesDistributedGenerationPortfolioMatures2025Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DebtAssociatedWithUnitedStatesDistributedGenerationPortfolioMatures2025Member" xlink:to="lab_bepc_DebtAssociatedWithUnitedStatesDistributedGenerationPortfolioMatures2025Member" xlink:type="arc" order="1"/>
<link:label id="lab_dei_DocumentShellCompanyReport_72288b62-9c86-4199-9143-377d61da3e8b_terseLabel_en-US" xlink:label="lab_dei_DocumentShellCompanyReport" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Shell Company Report </link:label>
<link:label id="lab_dei_DocumentShellCompanyReport_label_en-US" xlink:label="lab_dei_DocumentShellCompanyReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Shell Company Report </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_DocumentShellCompanyReport" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentShellCompanyReport"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentShellCompanyReport" xlink:to="lab_dei_DocumentShellCompanyReport" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember_b5ad5ed8-fb31-43d1-99bb-cef6e3b0158d_terseLabel_en-US" xlink:label="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity-accounted investments and other </link:label>
<link:label id="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember_label_en-US" xlink:label="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Joint ventures where entity is venturer [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_JointVenturesWhereEntityIsVenturerMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:to="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:type="arc" order="1"/>
<link:label id="lab_country_BR_0bc2d823-acf1-4902-8ac9-c1f47fb18b96_terseLabel_en-US" xlink:label="lab_country_BR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brazil </link:label>
<link:label id="lab_country_BR_label_en-US" xlink:label="lab_country_BR" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BRAZIL </link:label>
<link:loc xlink:type="locator" xlink:label="loc_country_BR" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_BR"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BR" xlink:to="lab_country_BR" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BrookfieldAndCoInvestorsMember_a3013d47-577d-4fec-b91e-9cd1f5a53f04_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldAndCoInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield and co-investors </link:label>
<link:label id="lab_bepc_BrookfieldAndCoInvestorsMember_label_en-US" xlink:label="lab_bepc_BrookfieldAndCoInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield and Co Investors [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BrookfieldAndCoInvestorsMember" xlink:href="bepc-20231231.xsd#bepc_BrookfieldAndCoInvestorsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BrookfieldAndCoInvestorsMember" xlink:to="lab_bepc_BrookfieldAndCoInvestorsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AmortisationOfServiceConcessionOnAssets_54c5315a-9d94-4e13-8d96-118f8f9a8e54_negatedTerseLabel_en-US" xlink:label="lab_bepc_AmortisationOfServiceConcessionOnAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amortization of service concession assets </link:label>
<link:label id="lab_bepc_AmortisationOfServiceConcessionOnAssets_label_en-US" xlink:label="lab_bepc_AmortisationOfServiceConcessionOnAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amortisation Of Service Concession On Assets </link:label>
<link:label id="lab_bepc_AmortisationOfServiceConcessionOnAssets_documentation_en-US" xlink:label="lab_bepc_AmortisationOfServiceConcessionOnAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amortisation Of Service Concession On Assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AmortisationOfServiceConcessionOnAssets" xlink:href="bepc-20231231.xsd#bepc_AmortisationOfServiceConcessionOnAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AmortisationOfServiceConcessionOnAssets" xlink:to="lab_bepc_AmortisationOfServiceConcessionOnAssets" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BorrowingsNotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosed_700bdf9d-3fc3-485d-8b62-9d4e7626259b_negatedTerseLabel_en-US" xlink:label="lab_bepc_BorrowingsNotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosed" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BEPC exchangeable and class B shares </link:label>
<link:label id="lab_bepc_BorrowingsNotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosed_label_en-US" xlink:label="lab_bepc_BorrowingsNotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings Not Measured At Fair Value In Statement Of Financial Position But For Which Fair Value Is Disclosed </link:label>
<link:label id="lab_bepc_BorrowingsNotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosed_documentation_en-US" xlink:label="lab_bepc_BorrowingsNotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosed" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings Not Measured At Fair Value In Statement Of Financial Position But For Which Fair Value Is Disclosed </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BorrowingsNotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosed" xlink:href="bepc-20231231.xsd#bepc_BorrowingsNotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosed"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BorrowingsNotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosed" xlink:to="lab_bepc_BorrowingsNotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosed" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CreditRiskMember_b9131ba4-20c3-4f0c-ab91-bc3e280defdf_terseLabel_en-US" xlink:label="lab_ifrs-full_CreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Credit Risk </link:label>
<link:label id="lab_ifrs-full_CreditRiskMember_label_en-US" xlink:label="lab_ifrs-full_CreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Credit risk [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CreditRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CreditRiskMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CreditRiskMember" xlink:to="lab_ifrs-full_CreditRiskMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_A40MWOperatingUtilityScaleSolarAssetInColombiaMember_16b69878-b48d-408e-868b-4d758419eb75_terseLabel_en-US" xlink:label="lab_bepc_A40MWOperatingUtilityScaleSolarAssetInColombiaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 40 MW Operating Utility-Scale Solar Asset In Colombia </link:label>
<link:label id="lab_bepc_A40MWOperatingUtilityScaleSolarAssetInColombiaMember_label_en-US" xlink:label="lab_bepc_A40MWOperatingUtilityScaleSolarAssetInColombiaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 40 MW Operating Utility-Scale Solar Asset In Colombia [Member] </link:label>
<link:label id="lab_bepc_A40MWOperatingUtilityScaleSolarAssetInColombiaMember_documentation_en-US" xlink:label="lab_bepc_A40MWOperatingUtilityScaleSolarAssetInColombiaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 40 MW Operating Utility-Scale Solar Asset In Colombia </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_A40MWOperatingUtilityScaleSolarAssetInColombiaMember" xlink:href="bepc-20231231.xsd#bepc_A40MWOperatingUtilityScaleSolarAssetInColombiaMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_A40MWOperatingUtilityScaleSolarAssetInColombiaMember" xlink:to="lab_bepc_A40MWOperatingUtilityScaleSolarAssetInColombiaMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DebtToTotalCapitalizationRate_b56ed126-0c1c-4015-b806-ec7f9ea5248b_terseLabel_en-US" xlink:label="lab_bepc_DebtToTotalCapitalizationRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Debt-to-total capitalization </link:label>
<link:label id="lab_bepc_DebtToTotalCapitalizationRate_label_en-US" xlink:label="lab_bepc_DebtToTotalCapitalizationRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Debt To Total Capitalization Rate </link:label>
<link:label id="lab_bepc_DebtToTotalCapitalizationRate_documentation_en-US" xlink:label="lab_bepc_DebtToTotalCapitalizationRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Debt To Total Capitalization Rate </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DebtToTotalCapitalizationRate" xlink:href="bepc-20231231.xsd#bepc_DebtToTotalCapitalizationRate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DebtToTotalCapitalizationRate" xlink:to="lab_bepc_DebtToTotalCapitalizationRate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_a17cabd2-93f7-48c5-917a-bef3672564ba_terseLabel_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Level 3 </link:label>
<link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Level 3 of fair value hierarchy [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level3OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Level3OfFairValueHierarchyMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_e6ae9219-d427-4a10-bd71-394951785169_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Business combinations </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for business combinations [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory"/>
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<link:label id="lab_srt_NorthAmericaMember_24db0449-3b29-44ed-bfb4-ccf308a21c27_terseLabel_en-US" xlink:label="lab_srt_NorthAmericaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> North America </link:label>
<link:label id="lab_srt_NorthAmericaMember_label_en-US" xlink:label="lab_srt_NorthAmericaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> North America [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_srt_NorthAmericaMember" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_NorthAmericaMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_NorthAmericaMember" xlink:to="lab_srt_NorthAmericaMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedTableTextBlock_49e5bbcf-b03a-4f7d-95a8-b18679780bf5_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of the expiry date, if applicable, of the unrecognized deferred tax assets </link:label>
<link:label id="lab_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Deductible Temporary Differences For Which No Deferred Tax Asset Is Recognised [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of deductible temporary differences for which no deferred tax asset is recognised explanatory </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedTableTextBlock"/>
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<link:label id="lab_ifrs-full_Liabilities_b681d017-1938-4bd5-aa73-59a36e088e19_terseLabel_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total liabilities </link:label>
<link:label id="lab_ifrs-full_Liabilities_e2d823d0-27ad-4b3f-a771-69a7b0b8cb43_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total liabilities </link:label>
<link:label id="lab_ifrs-full_Liabilities_label_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Liabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Liabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Liabilities" xlink:to="lab_ifrs-full_Liabilities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_81c38433-2526-4adb-90c6-3f1e620a2243_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total items that may be reclassified subsequently to net income </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_b4e99fd8-5925-498c-bab9-a670f3a37c5a_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amounts reclassified from OCI to income </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income that will be reclassified to profit or loss, net of tax </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries_7f55264c-71bd-4202-b62f-6510861da374_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through change in equity of subsidiaries, equity </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through change in equity of subsidiaries, equity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_TypesOfPowerPurchaseAgreementsAxis_363b4ee1-5581-4ecd-8e18-99c60b5d52f2_terseLabel_en-US" xlink:label="lab_bepc_TypesOfPowerPurchaseAgreementsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Types Of Power Purchase Agreements [Axis] </link:label>
<link:label id="lab_bepc_TypesOfPowerPurchaseAgreementsAxis_label_en-US" xlink:label="lab_bepc_TypesOfPowerPurchaseAgreementsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Types Of Power Purchase Agreements [Axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_TypesOfPowerPurchaseAgreementsAxis" xlink:href="bepc-20231231.xsd#bepc_TypesOfPowerPurchaseAgreementsAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_TypesOfPowerPurchaseAgreementsAxis" xlink:to="lab_bepc_TypesOfPowerPurchaseAgreementsAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_PropertyPlantAndEquipmentAssetsNotSubjectToRevaluation_e2a31609-aa21-402d-8a0d-97951d538094_terseLabel_en-US" xlink:label="lab_bepc_PropertyPlantAndEquipmentAssetsNotSubjectToRevaluation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Land not subject to revaluation </link:label>
<link:label id="lab_bepc_PropertyPlantAndEquipmentAssetsNotSubjectToRevaluation_label_en-US" xlink:label="lab_bepc_PropertyPlantAndEquipmentAssetsNotSubjectToRevaluation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, Plant And Equipment, Assets Not Subject To Revaluation </link:label>
<link:label id="lab_bepc_PropertyPlantAndEquipmentAssetsNotSubjectToRevaluation_documentation_en-US" xlink:label="lab_bepc_PropertyPlantAndEquipmentAssetsNotSubjectToRevaluation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, Plant And Equipment, Assets Not Subject To Revaluation </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_PropertyPlantAndEquipmentAssetsNotSubjectToRevaluation" xlink:href="bepc-20231231.xsd#bepc_PropertyPlantAndEquipmentAssetsNotSubjectToRevaluation"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_PropertyPlantAndEquipmentAssetsNotSubjectToRevaluation" xlink:to="lab_bepc_PropertyPlantAndEquipmentAssetsNotSubjectToRevaluation" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_de0dd4f8-85cd-424b-a454-5cb8cdcd4e8f_verboseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 2-5 years </link:label>
<link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Later than one year and not later than five years [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NumberOfUnitsIssuedPricePerShare_c307c9c3-d1c1-465d-aabb-f8977b8ed4b3_terseLabel_en-US" xlink:label="lab_bepc_NumberOfUnitsIssuedPricePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Units issued (in dollars per share) </link:label>
<link:label id="lab_bepc_NumberOfUnitsIssuedPricePerShare_label_en-US" xlink:label="lab_bepc_NumberOfUnitsIssuedPricePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Number Of Units Issued, Price Per Share </link:label>
<link:label id="lab_bepc_NumberOfUnitsIssuedPricePerShare_documentation_en-US" xlink:label="lab_bepc_NumberOfUnitsIssuedPricePerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Number Of Units Issued, Price Per Share </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NumberOfUnitsIssuedPricePerShare" xlink:href="bepc-20231231.xsd#bepc_NumberOfUnitsIssuedPricePerShare"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NumberOfUnitsIssuedPricePerShare" xlink:to="lab_bepc_NumberOfUnitsIssuedPricePerShare" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureCommitmentsContingenciesAndGuarantessAbstract_label_en-US" xlink:label="lab_bepc_DisclosureCommitmentsContingenciesAndGuarantessAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Commitments Contingencies and Guarantess [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureCommitmentsContingenciesAndGuarantessAbstract" xlink:href="bepc-20231231.xsd#bepc_DisclosureCommitmentsContingenciesAndGuarantessAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureCommitmentsContingenciesAndGuarantessAbstract" xlink:to="lab_bepc_DisclosureCommitmentsContingenciesAndGuarantessAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_InvestmentAccountedForUsingEquityMethodAndPropertyPlantAndEquipment_b537fe12-f574-4df1-9920-8df4abab15c7_terseLabel_en-US" xlink:label="lab_bepc_InvestmentAccountedForUsingEquityMethodAndPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, plant and equipment </link:label>
<link:label id="lab_bepc_InvestmentAccountedForUsingEquityMethodAndPropertyPlantAndEquipment_label_en-US" xlink:label="lab_bepc_InvestmentAccountedForUsingEquityMethodAndPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investment Accounted For Using Equity Method and Property Plant and Equipment </link:label>
<link:label id="lab_bepc_InvestmentAccountedForUsingEquityMethodAndPropertyPlantAndEquipment_documentation_en-US" xlink:label="lab_bepc_InvestmentAccountedForUsingEquityMethodAndPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investment Accounted For Using Equity Method and Property Plant and Equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_InvestmentAccountedForUsingEquityMethodAndPropertyPlantAndEquipment" xlink:href="bepc-20231231.xsd#bepc_InvestmentAccountedForUsingEquityMethodAndPropertyPlantAndEquipment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_InvestmentAccountedForUsingEquityMethodAndPropertyPlantAndEquipment" xlink:to="lab_bepc_InvestmentAccountedForUsingEquityMethodAndPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CashFlowsFromUsedInFinancingActivitiesTaxEquity_8fc2c564-7ba0-4c18-90bb-9785cd3b47ec_terseLabel_en-US" xlink:label="lab_bepc_CashFlowsFromUsedInFinancingActivitiesTaxEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net cash flow from financing activities related to tax equity </link:label>
<link:label id="lab_bepc_CashFlowsFromUsedInFinancingActivitiesTaxEquity_label_en-US" xlink:label="lab_bepc_CashFlowsFromUsedInFinancingActivitiesTaxEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows from (used in) financing activities, tax equity </link:label>
<link:label id="lab_bepc_CashFlowsFromUsedInFinancingActivitiesTaxEquity_documentation_en-US" xlink:label="lab_bepc_CashFlowsFromUsedInFinancingActivitiesTaxEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows from (used in) financing activities, tax equity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CashFlowsFromUsedInFinancingActivitiesTaxEquity" xlink:href="bepc-20231231.xsd#bepc_CashFlowsFromUsedInFinancingActivitiesTaxEquity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CashFlowsFromUsedInFinancingActivitiesTaxEquity" xlink:to="lab_bepc_CashFlowsFromUsedInFinancingActivitiesTaxEquity" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity_450595d8-d26b-4125-9be3-4b8844c7ff18_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Recognized in equity </link:label>
<link:label id="lab_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax relating to items credited (charged) directly to equity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:to="lab_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InterestExpense_08e27909-fd44-4fb6-b531-28dab254b35f_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings </link:label>
<link:label id="lab_ifrs-full_InterestExpense_label_en-US" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest expense </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestExpense"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpense" xlink:to="lab_ifrs-full_InterestExpense" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AcquisitionCosts1_95d4b60d-7f6d-4861-b533-c8d3ffd33fbe_terseLabel_en-US" xlink:label="lab_bepc_AcquisitionCosts1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisition costs </link:label>
<link:label id="lab_bepc_AcquisitionCosts1_label_en-US" xlink:label="lab_bepc_AcquisitionCosts1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisition Costs1 </link:label>
<link:label id="lab_bepc_AcquisitionCosts1_documentation_en-US" xlink:label="lab_bepc_AcquisitionCosts1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisition Costs1 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AcquisitionCosts1" xlink:href="bepc-20231231.xsd#bepc_AcquisitionCosts1"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AcquisitionCosts1" xlink:to="lab_bepc_AcquisitionCosts1" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_RevenueOfCombinedEntity_765217bf-eae5-45e8-a971-c6cafb61aabb_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueOfCombinedEntity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revenue of combined entity as if combination occurred at beginning of period </link:label>
<link:label id="lab_ifrs-full_RevenueOfCombinedEntity_label_en-US" xlink:label="lab_ifrs-full_RevenueOfCombinedEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revenue of combined entity as if combination occurred at beginning of period </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueOfCombinedEntity" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RevenueOfCombinedEntity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueOfCombinedEntity" xlink:to="lab_ifrs-full_RevenueOfCombinedEntity" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_InputAxis_5b56235a-f998-472d-9dbb-771a7ead7b57_terseLabel_en-US" xlink:label="lab_bepc_InputAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Input [Axis] </link:label>
<link:label id="lab_bepc_InputAxis_label_en-US" xlink:label="lab_bepc_InputAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Input [Axis] </link:label>
<link:label id="lab_bepc_InputAxis_documentation_en-US" xlink:label="lab_bepc_InputAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Discount rate, capitalization rate, electricity prices and exit date used for revaluation of property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_InputAxis" xlink:href="bepc-20231231.xsd#bepc_InputAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_InputAxis" xlink:to="lab_bepc_InputAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfProvisionsExplanatory_91b7178f-7cfb-4b2a-bee8-4fbb589537ca_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> PROVISIONS </link:label>
<link:label id="lab_ifrs-full_DisclosureOfProvisionsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of provisions [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfProvisionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfProvisionsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfProvisionsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfProvisionsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DeferredTaxLiabilityAssetMember_b243ee9c-3d09-409d-b8d7-6797307eacdb_terseLabel_en-US" xlink:label="lab_bepc_DeferredTaxLiabilityAssetMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net deferred tax (liabilities) assets </link:label>
<link:label id="lab_bepc_DeferredTaxLiabilityAssetMember_label_en-US" xlink:label="lab_bepc_DeferredTaxLiabilityAssetMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax liability asset [Member] </link:label>
<link:label id="lab_bepc_DeferredTaxLiabilityAssetMember_documentation_en-US" xlink:label="lab_bepc_DeferredTaxLiabilityAssetMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax liability asset </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DeferredTaxLiabilityAssetMember" xlink:href="bepc-20231231.xsd#bepc_DeferredTaxLiabilityAssetMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DeferredTaxLiabilityAssetMember" xlink:to="lab_bepc_DeferredTaxLiabilityAssetMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_SegmentsMember_87aadb86-a229-4be7-9ea3-0ee0e912a3ac_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Segments [member] </link:label>
<link:label id="lab_ifrs-full_SegmentsMember_label_en-US" xlink:label="lab_ifrs-full_SegmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Segments [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SegmentsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentsMember" xlink:to="lab_ifrs-full_SegmentsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory_a7e4dd92-3a39-4503-a5d1-75938696bc21_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of derivative financial instruments [text block] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of derivative financial instruments [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsAssets_36bd9459-475e-483f-8f77-a676039ca384_terseLabel_en-US" xlink:label="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal Group, Including Discontinued Operations, Assets </link:label>
<link:label id="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsAssets_label_en-US" xlink:label="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal Group, Including Discontinued Operations, Assets </link:label>
<link:label id="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsAssets_documentation_en-US" xlink:label="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal Group, Including Discontinued Operations, Assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisposalGroupIncludingDiscontinuedOperationsAssets" xlink:href="bepc-20231231.xsd#bepc_DisposalGroupIncludingDiscontinuedOperationsAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisposalGroupIncludingDiscontinuedOperationsAssets" xlink:to="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsAssets" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BrookfieldCorporationMember_36a202db-1e01-4965-b16d-cc6a039b1a77_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldCorporationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Corporation </link:label>
<link:label id="lab_bepc_BrookfieldCorporationMember_label_en-US" xlink:label="lab_bepc_BrookfieldCorporationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Corporation [Member] </link:label>
<link:label id="lab_bepc_BrookfieldCorporationMember_documentation_en-US" xlink:label="lab_bepc_BrookfieldCorporationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Corporation </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BrookfieldCorporationMember" xlink:href="bepc-20231231.xsd#bepc_BrookfieldCorporationMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BrookfieldCorporationMember" xlink:to="lab_bepc_BrookfieldCorporationMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_8a0bbc10-7fa4-4a06-98cd-5cc8c199105a_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net cash flows from (used in) financing activities </link:label>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_daa3bc15-cc17-43e2-9d95-f71d4720f7f3_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net cash flows from financing activities </link:label>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows from (used in) financing activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BEPCExchangeableUnitsMember_0595d89d-2a3b-4ea6-803f-99d3b4eb2a21_terseLabel_en-US" xlink:label="lab_bepc_BEPCExchangeableUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BEPC Exchangeable Units </link:label>
<link:label id="lab_bepc_BEPCExchangeableUnitsMember_label_en-US" xlink:label="lab_bepc_BEPCExchangeableUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BEPC Exchangeable Units [Member] </link:label>
<link:label id="lab_bepc_BEPCExchangeableUnitsMember_documentation_en-US" xlink:label="lab_bepc_BEPCExchangeableUnitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BEPC Exchangeable Units </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BEPCExchangeableUnitsMember" xlink:href="bepc-20231231.xsd#bepc_BEPCExchangeableUnitsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BEPCExchangeableUnitsMember" xlink:to="lab_bepc_BEPCExchangeableUnitsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DerivativeFinancialAssetsLiabilitiesDesignatedAsHedgingInstrumentsMember_98b9a79a-7043-4964-8ae6-db71f6174384_terseLabel_en-US" xlink:label="lab_bepc_DerivativeFinancialAssetsLiabilitiesDesignatedAsHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative Financial Assets (Liabilities) Designated As Hedging Instruments </link:label>
<link:label id="lab_bepc_DerivativeFinancialAssetsLiabilitiesDesignatedAsHedgingInstrumentsMember_label_en-US" xlink:label="lab_bepc_DerivativeFinancialAssetsLiabilitiesDesignatedAsHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative Financial Assets (Liabilities) Designated As Hedging Instruments [Member] </link:label>
<link:label id="lab_bepc_DerivativeFinancialAssetsLiabilitiesDesignatedAsHedgingInstrumentsMember_documentation_en-US" xlink:label="lab_bepc_DerivativeFinancialAssetsLiabilitiesDesignatedAsHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative Financial Assets (Liabilities) Designated As Hedging Instruments </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DerivativeFinancialAssetsLiabilitiesDesignatedAsHedgingInstrumentsMember" xlink:href="bepc-20231231.xsd#bepc_DerivativeFinancialAssetsLiabilitiesDesignatedAsHedgingInstrumentsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DerivativeFinancialAssetsLiabilitiesDesignatedAsHedgingInstrumentsMember" xlink:to="lab_bepc_DerivativeFinancialAssetsLiabilitiesDesignatedAsHedgingInstrumentsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about property, plant and equipment [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_f1e817a5-813a-41eb-aec7-c90094f9dfc8_terseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash and cash equivalents </link:label>
<link:label id="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash and cash equivalents recognised as of acquisition date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InterestExpenseOnBorrowings_90312780-08e1-4cf6-acff-98b3818a5185_negatedLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest expense </link:label>
<link:label id="lab_ifrs-full_InterestExpenseOnBorrowings_17b016a9-d25e-402a-8c8d-967cb189cbb5_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest expense </link:label>
<link:label id="lab_ifrs-full_InterestExpenseOnBorrowings_label_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest expense on borrowings </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpenseOnBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestExpenseOnBorrowings"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseOnBorrowings" xlink:to="lab_ifrs-full_InterestExpenseOnBorrowings" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_18ddde93-76ec-4471-8412-1488ac979f23_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of corporate borrowings </link:label>
<link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about borrowings [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_UnamortisedPremiums_24c2e6e0-d501-475e-b9b1-498f97e730a5_terseLabel_en-US" xlink:label="lab_bepc_UnamortisedPremiums" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Add: Unamortized premiums </link:label>
<link:label id="lab_bepc_UnamortisedPremiums_3e75c523-ca9a-44e7-a783-cd2ee6ad03f9_periodStartLabel_en-US" xlink:label="lab_bepc_UnamortisedPremiums" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortized premiums and discounts, beginning of year </link:label>
<link:label id="lab_bepc_UnamortisedPremiums_20754513-d100-40f2-a46a-ba0f0e6d4da0_periodEndLabel_en-US" xlink:label="lab_bepc_UnamortisedPremiums" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortized premiums fees and discounts, end of year </link:label>
<link:label id="lab_bepc_UnamortisedPremiums_label_en-US" xlink:label="lab_bepc_UnamortisedPremiums" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortised Premiums </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_UnamortisedPremiums" xlink:href="bepc-20231231.xsd#bepc_UnamortisedPremiums"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_UnamortisedPremiums" xlink:to="lab_bepc_UnamortisedPremiums" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncurrentPayablesToRelatedParties_e58c1847-68e3-43bc-8b50-f3fb64577888_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentPayablesToRelatedParties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Due to related parties </link:label>
<link:label id="lab_ifrs-full_NoncurrentPayablesToRelatedParties_label_en-US" xlink:label="lab_ifrs-full_NoncurrentPayablesToRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current payables to related parties </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentPayablesToRelatedParties" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncurrentPayablesToRelatedParties"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentPayablesToRelatedParties" xlink:to="lab_ifrs-full_NoncurrentPayablesToRelatedParties" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ClassBMember_6a718ca3-fc3f-4630-a326-1f857e835fc2_verboseLabel_en-US" xlink:label="lab_bepc_ClassBMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class B </link:label>
<link:label id="lab_bepc_ClassBMember_9f19983d-768b-462b-9054-58c837be19c2_terseLabel_en-US" xlink:label="lab_bepc_ClassBMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class B </link:label>
<link:label id="lab_bepc_ClassBMember_label_en-US" xlink:label="lab_bepc_ClassBMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class B [Member] </link:label>
<link:label id="lab_bepc_ClassBMember_documentation_en-US" xlink:label="lab_bepc_ClassBMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class B </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ClassBMember" xlink:href="bepc-20231231.xsd#bepc_ClassBMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ClassBMember" xlink:to="lab_bepc_ClassBMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_WindPowerCapacity_d46adfa1-1c8b-41b8-bffa-b9ce45a4dc85_terseLabel_en-US" xlink:label="lab_bepc_WindPowerCapacity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Wind power capacity </link:label>
<link:label id="lab_bepc_WindPowerCapacity_label_en-US" xlink:label="lab_bepc_WindPowerCapacity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Wind Power Capacity </link:label>
<link:label id="lab_bepc_WindPowerCapacity_documentation_en-US" xlink:label="lab_bepc_WindPowerCapacity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Wind Power Capacity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_WindPowerCapacity" xlink:href="bepc-20231231.xsd#bepc_WindPowerCapacity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_WindPowerCapacity" xlink:to="lab_bepc_WindPowerCapacity" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CorporateSegmentMember_11b974ce-5e80-4ea8-bb40-66ca561528e5_terseLabel_en-US" xlink:label="lab_bepc_CorporateSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Corporate </link:label>
<link:label id="lab_bepc_CorporateSegmentMember_label_en-US" xlink:label="lab_bepc_CorporateSegmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Corporate Segment [Member] </link:label>
<link:label id="lab_bepc_CorporateSegmentMember_documentation_en-US" xlink:label="lab_bepc_CorporateSegmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Corporate Segment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CorporateSegmentMember" xlink:href="bepc-20231231.xsd#bepc_CorporateSegmentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CorporateSegmentMember" xlink:to="lab_bepc_CorporateSegmentMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfBorrowingsContinuityTableTextBlock_29262f03-6893-4506-992e-17ac66f30526_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfBorrowingsContinuityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of borrowings </link:label>
<link:label id="lab_bepc_DisclosureOfBorrowingsContinuityTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfBorrowingsContinuityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Borrowings Continuity [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfBorrowingsContinuityTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfBorrowingsContinuityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of changes in borrowings over the period </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfBorrowingsContinuityTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfBorrowingsContinuityTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfBorrowingsContinuityTableTextBlock" xlink:to="lab_bepc_DisclosureOfBorrowingsContinuityTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntitiesTable_df68f61c-ffce-4398-9c18-1ead431046f6_terseLabel_en-US" xlink:label="lab_dei_EntitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entities [Table] </link:label>
<link:label id="lab_dei_EntitiesTable_label_en-US" xlink:label="lab_dei_EntitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entities [Table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntitiesTable" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntitiesTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntitiesTable" xlink:to="lab_dei_EntitiesTable" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_0c797f66-f1bc-47cb-8180-6266a85a5802_terseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share of earnings (loss) from equity-accounted investments </link:label>
<link:label id="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_4f4ad196-acc4-43aa-9534-de5db8bfdda6_negatedLabel_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share of loss (earnings) from equity-accounted investments </link:label>
<link:label id="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_9232644e-2680-4618-af34-a140303033f9_verboseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share of net income (loss) </link:label>
<link:label id="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share of profit (loss) of associates and joint ventures accounted for using equity method </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_1bac5c6b-3650-4827-a14a-c0f6e1c95b01_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BEPC EXCHANGEABLE SHARES, BEPC CLASS B SHARES AND BEPC CLASS C SHARES </link:label>
<link:label id="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of share capital, reserves and other equity interest [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:to="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherReservesMember_7856349e-efd0-472e-9b81-fa4792d708cc_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherReservesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_ifrs-full_OtherReservesMember_label_en-US" xlink:label="lab_ifrs-full_OtherReservesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other reserves [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherReservesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherReservesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherReservesMember" xlink:to="lab_ifrs-full_OtherReservesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_UnamortizedPremiumsRollForward_9798b6ad-0249-472b-a054-e6adda1e9853_terseLabel_en-US" xlink:label="lab_bepc_UnamortizedPremiumsRollForward" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortized Premiums [Abstract] </link:label>
<link:label id="lab_bepc_UnamortizedPremiumsRollForward_label_en-US" xlink:label="lab_bepc_UnamortizedPremiumsRollForward" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortized Premiums [Roll Forward] </link:label>
<link:label id="lab_bepc_UnamortizedPremiumsRollForward_documentation_en-US" xlink:label="lab_bepc_UnamortizedPremiumsRollForward" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortized Premiums </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_UnamortizedPremiumsRollForward" xlink:href="bepc-20231231.xsd#bepc_UnamortizedPremiumsRollForward"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_UnamortizedPremiumsRollForward" xlink:to="lab_bepc_UnamortizedPremiumsRollForward" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_LongtermBorrowings_1a5aaa13-c905-4bb2-b7b4-80038f9638c7_verboseLabel_en-US" xlink:label="lab_ifrs-full_LongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total borrowings </link:label>
<link:label id="lab_ifrs-full_LongtermBorrowings_9e70c542-ce88-4252-9c8e-7fe89a488c6f_terseLabel_en-US" xlink:label="lab_ifrs-full_LongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-recourse borrowings </link:label>
<link:label id="lab_ifrs-full_LongtermBorrowings_label_en-US" xlink:label="lab_ifrs-full_LongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current portion of non-current borrowings </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LongtermBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LongtermBorrowings"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LongtermBorrowings" xlink:to="lab_ifrs-full_LongtermBorrowings" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_A95MWUruguayWindAssetPortfolioMember_58f9dd68-29c1-4677-860f-de500a23cd43_terseLabel_en-US" xlink:label="lab_bepc_A95MWUruguayWindAssetPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 95 MW Uruguay Wind Asset Portfolio </link:label>
<link:label id="lab_bepc_A95MWUruguayWindAssetPortfolioMember_label_en-US" xlink:label="lab_bepc_A95MWUruguayWindAssetPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 95 MW Uruguay Wind Asset Portfolio [Member] </link:label>
<link:label id="lab_bepc_A95MWUruguayWindAssetPortfolioMember_documentation_en-US" xlink:label="lab_bepc_A95MWUruguayWindAssetPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 95 MW Uruguay Wind Asset Portfolio </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_A95MWUruguayWindAssetPortfolioMember" xlink:href="bepc-20231231.xsd#bepc_A95MWUruguayWindAssetPortfolioMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_A95MWUruguayWindAssetPortfolioMember" xlink:to="lab_bepc_A95MWUruguayWindAssetPortfolioMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests_30873908-dc6e-4b4d-ba56-bb7ae7d520a2_negatedLabel_en-US" xlink:label="lab_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends declared </link:label>
<link:label id="lab_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends recognised as distributions to non-controlling interests </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:to="lab_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityInformationLineItems_5c0bbe72-8ecd-4c21-8212-843ffab44536_terseLabel_en-US" xlink:label="lab_dei_EntityInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Information [Line Items] </link:label>
<link:label id="lab_dei_EntityInformationLineItems_label_en-US" xlink:label="lab_dei_EntityInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Information [Line Items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityInformationLineItems" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityInformationLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityInformationLineItems" xlink:to="lab_dei_EntityInformationLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfImpactOfTransactionsBetweenRelatedPartiesTableTextBlock_e88de177-9f3a-4c6c-9b7c-4f4c5f5becbc_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfImpactOfTransactionsBetweenRelatedPartiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of related party agreements and transactions on the consolidated statements of financial position </link:label>
<link:label id="lab_bepc_DisclosureOfImpactOfTransactionsBetweenRelatedPartiesTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfImpactOfTransactionsBetweenRelatedPartiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Impact Of Transactions Between Related Parties [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfImpactOfTransactionsBetweenRelatedPartiesTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfImpactOfTransactionsBetweenRelatedPartiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Impact Of Transactions Between Related Parties </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfImpactOfTransactionsBetweenRelatedPartiesTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfImpactOfTransactionsBetweenRelatedPartiesTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfImpactOfTransactionsBetweenRelatedPartiesTableTextBlock" xlink:to="lab_bepc_DisclosureOfImpactOfTransactionsBetweenRelatedPartiesTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised_bbe69f78-c483-4f7b-bc5a-932be41717cf_verboseLabel_en-US" xlink:label="lab_ifrs-full_DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unrecognized deferred tax assets </link:label>
<link:label id="lab_ifrs-full_DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised_label_en-US" xlink:label="lab_ifrs-full_DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deductible temporary differences for which no deferred tax asset is recognised </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised" xlink:to="lab_ifrs-full_DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RestrictedCashRecognisedAsOfAcquisitionDate_a93a3ccf-0790-48c7-809d-2336b8df66c0_terseLabel_en-US" xlink:label="lab_bepc_RestrictedCashRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted cash </link:label>
<link:label id="lab_bepc_RestrictedCashRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_bepc_RestrictedCashRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted Cash Recognised As Of Acquisition Date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RestrictedCashRecognisedAsOfAcquisitionDate" xlink:href="bepc-20231231.xsd#bepc_RestrictedCashRecognisedAsOfAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_RestrictedCashRecognisedAsOfAcquisitionDate" xlink:to="lab_bepc_RestrictedCashRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities_388c5e96-2d6a-4623-8f37-21ee8c235883_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest received </link:label>
<link:label id="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest received, classified as operating activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestReceivedClassifiedAsOperatingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments_23e2a401-40c7-480c-883e-7e654adff4d0_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity-accounted investments </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income, before tax, gains (losses) from investments in equity instruments </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ImpactOfTwentyFiveBasisPointsDecreaseMember_8d19e704-9b19-415a-b3c0-cd4999774b13_terseLabel_en-US" xlink:label="lab_bepc_ImpactOfTwentyFiveBasisPointsDecreaseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 25 bps decrease in discount rates </link:label>
<link:label id="lab_bepc_ImpactOfTwentyFiveBasisPointsDecreaseMember_label_en-US" xlink:label="lab_bepc_ImpactOfTwentyFiveBasisPointsDecreaseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Twenty Five Basis Points decrease [Member] </link:label>
<link:label id="lab_bepc_ImpactOfTwentyFiveBasisPointsDecreaseMember_documentation_en-US" xlink:label="lab_bepc_ImpactOfTwentyFiveBasisPointsDecreaseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Twenty Five Basis Points decrease on fair value of property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ImpactOfTwentyFiveBasisPointsDecreaseMember" xlink:href="bepc-20231231.xsd#bepc_ImpactOfTwentyFiveBasisPointsDecreaseMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ImpactOfTwentyFiveBasisPointsDecreaseMember" xlink:to="lab_bepc_ImpactOfTwentyFiveBasisPointsDecreaseMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RestrictedCashAndCashEquivalentsDevelopmentProjects_06d816b3-498d-4706-b94d-076a219cf312_terseLabel_en-US" xlink:label="lab_bepc_RestrictedCashAndCashEquivalentsDevelopmentProjects" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Development projects </link:label>
<link:label id="lab_bepc_RestrictedCashAndCashEquivalentsDevelopmentProjects_label_en-US" xlink:label="lab_bepc_RestrictedCashAndCashEquivalentsDevelopmentProjects" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted Cash And Cash Equivalents Development Projects </link:label>
<link:label id="lab_bepc_RestrictedCashAndCashEquivalentsDevelopmentProjects_documentation_en-US" xlink:label="lab_bepc_RestrictedCashAndCashEquivalentsDevelopmentProjects" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted cash and cash equivalents Development Projects </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RestrictedCashAndCashEquivalentsDevelopmentProjects" xlink:href="bepc-20231231.xsd#bepc_RestrictedCashAndCashEquivalentsDevelopmentProjects"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_RestrictedCashAndCashEquivalentsDevelopmentProjects" xlink:to="lab_bepc_RestrictedCashAndCashEquivalentsDevelopmentProjects" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BorrowingsAtFairValue_91145be2-4e65-4824-9a84-7305c287ebd4_terseLabel_en-US" xlink:label="lab_bepc_BorrowingsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Estimated fair value </link:label>
<link:label id="lab_bepc_BorrowingsAtFairValue_label_en-US" xlink:label="lab_bepc_BorrowingsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings at fair value </link:label>
<link:label id="lab_bepc_BorrowingsAtFairValue_documentation_en-US" xlink:label="lab_bepc_BorrowingsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Fair value of borrowings </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BorrowingsAtFairValue" xlink:href="bepc-20231231.xsd#bepc_BorrowingsAtFairValue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BorrowingsAtFairValue" xlink:to="lab_bepc_BorrowingsAtFairValue" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherComprehensiveIncome_75de66c1-1cdb-4511-b18e-3a4ce053efca_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncome_86688b55-540a-4773-b532-01c567a8388b_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income (loss) </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncome" xlink:to="lab_ifrs-full_OtherComprehensiveIncome" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ShareIssueRelatedCost_8746a05c-6dde-4ea9-96f7-1c621e827bf0_terseLabel_en-US" xlink:label="lab_ifrs-full_ShareIssueRelatedCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share issue related cost </link:label>
<link:label id="lab_ifrs-full_ShareIssueRelatedCost_label_en-US" xlink:label="lab_ifrs-full_ShareIssueRelatedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share issue related cost </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareIssueRelatedCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ShareIssueRelatedCost"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareIssueRelatedCost" xlink:to="lab_ifrs-full_ShareIssueRelatedCost" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InterestRateRiskMember_5417842c-903b-450a-9ba1-a317f72f7f36_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestRateRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest rate risk </link:label>
<link:label id="lab_ifrs-full_InterestRateRiskMember_label_en-US" xlink:label="lab_ifrs-full_InterestRateRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest rate risk [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestRateRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestRateRiskMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRateRiskMember" xlink:to="lab_ifrs-full_InterestRateRiskMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_52e31187-6ab2-4f46-aec3-e95ca911cc2e_negatedLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> To participating non-controlling interests </link:label>
<link:label id="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends paid to non-controlling interests, classified as financing activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityEmergingGrowthCompany_d4c60607-59a3-4b09-a83d-33715629217b_terseLabel_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Emerging Growth Company </link:label>
<link:label id="lab_dei_EntityEmergingGrowthCompany_label_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Emerging Growth Company </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityEmergingGrowthCompany"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany" xlink:to="lab_dei_EntityEmergingGrowthCompany" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DirectOperatingCostsRelatedPartyTransactions_75718a74-3aea-44f4-8e6f-b4c2a416ba33_negatedTotalLabel_en-US" xlink:label="lab_bepc_DirectOperatingCostsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total related party direct operating costs </link:label>
<link:label id="lab_bepc_DirectOperatingCostsRelatedPartyTransactions_label_en-US" xlink:label="lab_bepc_DirectOperatingCostsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Direct operating costs, related party transactions </link:label>
<link:label id="lab_bepc_DirectOperatingCostsRelatedPartyTransactions_documentation_en-US" xlink:label="lab_bepc_DirectOperatingCostsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The amount of direct operating costs incurred by the entity in related party transactions. </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DirectOperatingCostsRelatedPartyTransactions" xlink:href="bepc-20231231.xsd#bepc_DirectOperatingCostsRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DirectOperatingCostsRelatedPartyTransactions" xlink:to="lab_bepc_DirectOperatingCostsRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForEntitysOwnEquityInstrumentsHeldAtEndOfPeriodFairValueMeasurement_96bc7042-910b-4eee-bf90-bad6b0f2a564_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForEntitysOwnEquityInstrumentsHeldAtEndOfPeriodFairValueMeasurement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (losses) recognised in profit or loss attributable to change in unrealised gains or losses for entity's own equity instruments held at end of period, fair value measurement </link:label>
<link:label id="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForEntitysOwnEquityInstrumentsHeldAtEndOfPeriodFairValueMeasurement_label_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForEntitysOwnEquityInstrumentsHeldAtEndOfPeriodFairValueMeasurement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (losses) recognised in profit or loss attributable to change in unrealised gains or losses for entity's own equity instruments held at end of period, fair value measurement </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForEntitysOwnEquityInstrumentsHeldAtEndOfPeriodFairValueMeasurement" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForEntitysOwnEquityInstrumentsHeldAtEndOfPeriodFairValueMeasurement"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForEntitysOwnEquityInstrumentsHeldAtEndOfPeriodFairValueMeasurement" xlink:to="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForEntitysOwnEquityInstrumentsHeldAtEndOfPeriodFairValueMeasurement" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OtherSegmentMember_eddf6227-7db9-4310-a5a1-bdebc4e5a714_terseLabel_en-US" xlink:label="lab_bepc_OtherSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bepc_OtherSegmentMember_label_en-US" xlink:label="lab_bepc_OtherSegmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Segment [Member] </link:label>
<link:label id="lab_bepc_OtherSegmentMember_documentation_en-US" xlink:label="lab_bepc_OtherSegmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Segment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OtherSegmentMember" xlink:href="bepc-20231231.xsd#bepc_OtherSegmentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OtherSegmentMember" xlink:to="lab_bepc_OtherSegmentMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_PercentageOfUnitsForNormalCourseIssuerBid_972a06c4-f0fa-49df-9f68-20d11e88079c_terseLabel_en-US" xlink:label="lab_bepc_PercentageOfUnitsForNormalCourseIssuerBid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Percentage of units for normal course issuer bid </link:label>
<link:label id="lab_bepc_PercentageOfUnitsForNormalCourseIssuerBid_label_en-US" xlink:label="lab_bepc_PercentageOfUnitsForNormalCourseIssuerBid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Percentage Of Units For Normal Course Issuer Bid </link:label>
<link:label id="lab_bepc_PercentageOfUnitsForNormalCourseIssuerBid_documentation_en-US" xlink:label="lab_bepc_PercentageOfUnitsForNormalCourseIssuerBid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Maximum units in percentage for normal course issuer bid </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_PercentageOfUnitsForNormalCourseIssuerBid" xlink:href="bepc-20231231.xsd#bepc_PercentageOfUnitsForNormalCourseIssuerBid"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_PercentageOfUnitsForNormalCourseIssuerBid" xlink:to="lab_bepc_PercentageOfUnitsForNormalCourseIssuerBid" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ValueOfSharesIssued_6099a865-f188-457c-befe-841f74855a16_terseLabel_en-US" xlink:label="lab_bepc_ValueOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Value Of Shares Issued </link:label>
<link:label id="lab_bepc_ValueOfSharesIssued_label_en-US" xlink:label="lab_bepc_ValueOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Value Of Shares Issued </link:label>
<link:label id="lab_bepc_ValueOfSharesIssued_documentation_en-US" xlink:label="lab_bepc_ValueOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Value Of Shares Issued </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ValueOfSharesIssued" xlink:href="bepc-20231231.xsd#bepc_ValueOfSharesIssued"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ValueOfSharesIssued" xlink:to="lab_bepc_ValueOfSharesIssued" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_7d4bf9a8-1453-4393-934b-5e6cb225ef05_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Transfer to assets held for sale </link:label>
<link:label id="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Decrease through classified as held for sale, property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_c3aa7e09-46a1-439c-96b7-c6ef5c304307_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial instruments designated as cash flow hedges </link:label>
<link:label id="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Income tax relating to cash flow hedges included in other comprehensive income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:to="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_StatementOfFinancialPositionAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Statement of financial position [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_StatementOfFinancialPositionAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeAbstract_19f6edbe-d2a5-463d-a131-87238fac0b18_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Income tax (expense) recovery </link:label>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeAbstract_5c2ea0a6-3849-4e72-9af8-baef31452498_verboseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred taxes </link:label>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax expense (income) [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeferredTaxExpenseIncomeAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ClassesOfShareCapitalAxis_e1c0b1b8-ad5a-4997-a922-4d20acb19c31_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Classes of share capital [axis] </link:label>
<link:label id="lab_ifrs-full_ClassesOfShareCapitalAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Classes of share capital [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfShareCapitalAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfShareCapitalAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalAxis" xlink:to="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfOtherOperatingIncomeExplanatory_37decacb-7354-4ffb-a780-919768ee8ac2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherOperatingIncomeExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> OTHER INCOME </link:label>
<link:label id="lab_ifrs-full_DisclosureOfOtherOperatingIncomeExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherOperatingIncomeExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of other operating income [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherOperatingIncomeExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOtherOperatingIncomeExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherOperatingIncomeExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherOperatingIncomeExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DevelopmentProjectCost_3d7c8f1e-e3d8-41e4-b825-916bdbc8be5d_terseLabel_en-US" xlink:label="lab_bepc_DevelopmentProjectCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Development project cost </link:label>
<link:label id="lab_bepc_DevelopmentProjectCost_label_en-US" xlink:label="lab_bepc_DevelopmentProjectCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Development Project Cost </link:label>
<link:label id="lab_bepc_DevelopmentProjectCost_documentation_en-US" xlink:label="lab_bepc_DevelopmentProjectCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Development Project Cost </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DevelopmentProjectCost" xlink:href="bepc-20231231.xsd#bepc_DevelopmentProjectCost"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DevelopmentProjectCost" xlink:to="lab_bepc_DevelopmentProjectCost" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_Inventories_06ef500b-ede9-4d41-9393-31f19f1ca152_terseLabel_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Inventory </link:label>
<link:label id="lab_ifrs-full_Inventories_label_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current inventories </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Inventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Inventories"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Inventories" xlink:to="lab_ifrs-full_Inventories" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RecognitionOfUnamortisedPremiums_cf5e090d-cef7-43cd-bb61-793bccbf9188_terseLabel_en-US" xlink:label="lab_bepc_RecognitionOfUnamortisedPremiums" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Additional premiums and discounts </link:label>
<link:label id="lab_bepc_RecognitionOfUnamortisedPremiums_label_en-US" xlink:label="lab_bepc_RecognitionOfUnamortisedPremiums" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Recognition of Unamortised Premiums </link:label>
<link:label id="lab_bepc_RecognitionOfUnamortisedPremiums_documentation_en-US" xlink:label="lab_bepc_RecognitionOfUnamortisedPremiums" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Recognition of Unamortised Premiums </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RecognitionOfUnamortisedPremiums" xlink:href="bepc-20231231.xsd#bepc_RecognitionOfUnamortisedPremiums"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_RecognitionOfUnamortisedPremiums" xlink:to="lab_bepc_RecognitionOfUnamortisedPremiums" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions_b5d27cf4-4f0e-458c-a460-152e7497e2db_terseLabel_en-US" xlink:label="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Due from related parties </link:label>
<link:label id="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amounts receivable, related party transactions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AmountsReceivableRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:to="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentDerivativeFinancialAssets_b9b093d5-0f7f-4835-a97b-af18e415f894_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentDerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial instrument assets </link:label>
<link:label id="lab_ifrs-full_CurrentDerivativeFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_CurrentDerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current derivative financial assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentDerivativeFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentDerivativeFinancialAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentDerivativeFinancialAssets" xlink:to="lab_ifrs-full_CurrentDerivativeFinancialAssets" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CurrentReceivablesFromIncomeTax_488385e1-e34d-436a-8487-b60218a54a10_terseLabel_en-US" xlink:label="lab_bepc_CurrentReceivablesFromIncomeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Income tax receivables </link:label>
<link:label id="lab_bepc_CurrentReceivablesFromIncomeTax_label_en-US" xlink:label="lab_bepc_CurrentReceivablesFromIncomeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current Receivables From Income Tax </link:label>
<link:label id="lab_bepc_CurrentReceivablesFromIncomeTax_documentation_en-US" xlink:label="lab_bepc_CurrentReceivablesFromIncomeTax" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current Receivables From Income Tax </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CurrentReceivablesFromIncomeTax" xlink:href="bepc-20231231.xsd#bepc_CurrentReceivablesFromIncomeTax"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CurrentReceivablesFromIncomeTax" xlink:to="lab_bepc_CurrentReceivablesFromIncomeTax" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsLineItems_32e723df-18fc-4a90-8f6d-f1cb98390aed_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about intangible assets [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about intangible assets [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination_aaf69cb0-1ad3-4cca-8eba-82f8bd79b054_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Transaction costs </link:label>
<link:label id="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination_label_en-US" xlink:label="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisition-related costs for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:to="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_RangesMember_01131efe-0576-4e1c-89e5-ae2fc73c50d2_terseLabel_en-US" xlink:label="lab_ifrs-full_RangesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ranges [member] </link:label>
<link:label id="lab_ifrs-full_RangesMember_a3f49d94-2074-49fa-84df-dcd96b0cb3d8_verboseLabel_en-US" xlink:label="lab_ifrs-full_RangesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ranges </link:label>
<link:label id="lab_ifrs-full_RangesMember_label_en-US" xlink:label="lab_ifrs-full_RangesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ranges [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RangesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangesMember" xlink:to="lab_ifrs-full_RangesMember" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityAddressPostalZipCode_a5a158e2-2d08-49de-b6c0-dc1a226c7925_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Address, Postal Zip Code </link:label>
<link:label id="lab_dei_EntityAddressPostalZipCode_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Address, Postal Zip Code </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressPostalZipCode"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember_18920c9c-5639-4171-91b0-71c4a58ffc8f_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Later than two years and not later than five years [member] </link:label>
<link:label id="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Later than two years and not later than five years [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_TypesOfRisksAxis_03474eb1-3555-44e9-a869-a5887e511b3e_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfRisksAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Types of risks [axis] </link:label>
<link:label id="lab_ifrs-full_TypesOfRisksAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfRisksAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Types of risks [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfRisksAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfRisksAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfRisksAxis" xlink:to="lab_ifrs-full_TypesOfRisksAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_BorrowingsByNameAxis_7620506e-50df-4626-a9db-2cb94206e511_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings by name [axis] </link:label>
<link:label id="lab_ifrs-full_BorrowingsByNameAxis_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings by name [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BorrowingsByNameAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameAxis" xlink:to="lab_ifrs-full_BorrowingsByNameAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_UnsecuredRevolvingCreditFacilityMember_eecc3fab-a05d-425b-8b53-4d685de9580b_terseLabel_en-US" xlink:label="lab_bepc_UnsecuredRevolvingCreditFacilityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unsecured Revolving Credit Facility </link:label>
<link:label id="lab_bepc_UnsecuredRevolvingCreditFacilityMember_label_en-US" xlink:label="lab_bepc_UnsecuredRevolvingCreditFacilityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unsecured Revolving Credit Facility [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_UnsecuredRevolvingCreditFacilityMember" xlink:href="bepc-20231231.xsd#bepc_UnsecuredRevolvingCreditFacilityMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_UnsecuredRevolvingCreditFacilityMember" xlink:to="lab_bepc_UnsecuredRevolvingCreditFacilityMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfOperatingExpenseTextBlock_9d5b1817-de00-4024-9df8-ffe142d7115e_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfOperatingExpenseTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> DIRECT OPERATING COSTS </link:label>
<link:label id="lab_bepc_DisclosureOfOperatingExpenseTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfOperatingExpenseTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Operating Expense [Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfOperatingExpenseTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfOperatingExpenseTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Operating Expense </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfOperatingExpenseTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfOperatingExpenseTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfOperatingExpenseTextBlock" xlink:to="lab_bepc_DisclosureOfOperatingExpenseTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_1e58a5f6-2568-4d5c-a00f-19ac1ea5903f_terseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-controlling interests </link:label>
<link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Comprehensive income, attributable to non-controlling interests </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_MiscellaneousOtherNonCurrentLiabilities_5880f059-d558-4c04-a101-1d9fa5e81866_terseLabel_en-US" xlink:label="lab_bepc_MiscellaneousOtherNonCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bepc_MiscellaneousOtherNonCurrentLiabilities_label_en-US" xlink:label="lab_bepc_MiscellaneousOtherNonCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Miscellaneous other non-current liabilities </link:label>
<link:label id="lab_bepc_MiscellaneousOtherNonCurrentLiabilities_documentation_en-US" xlink:label="lab_bepc_MiscellaneousOtherNonCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The amount of miscellaneous other non-current liabilities. </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_MiscellaneousOtherNonCurrentLiabilities" xlink:href="bepc-20231231.xsd#bepc_MiscellaneousOtherNonCurrentLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_MiscellaneousOtherNonCurrentLiabilities" xlink:to="lab_bepc_MiscellaneousOtherNonCurrentLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AggregatedTimeBandsMember_2528192a-5704-4b19-a9df-b3e985dce905_terseLabel_en-US" xlink:label="lab_ifrs-full_AggregatedTimeBandsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Aggregated time bands [member] </link:label>
<link:label id="lab_ifrs-full_AggregatedTimeBandsMember_label_en-US" xlink:label="lab_ifrs-full_AggregatedTimeBandsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Aggregated time bands [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AggregatedTimeBandsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AggregatedTimeBandsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AggregatedTimeBandsMember" xlink:to="lab_ifrs-full_AggregatedTimeBandsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsGenerationTableTextBlock_ca408cdd-d7b8-4ce2-a9d4-492c8a9dcd93_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsGenerationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of the percentage of total generation contracted under power purchase agreements </link:label>
<link:label id="lab_bepc_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsGenerationTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsGenerationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets - Generation [Table Text Block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsGenerationTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsGenerationTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsGenerationTableTextBlock" xlink:to="lab_bepc_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsGenerationTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_dei_BusinessContactMember_005872e9-ae00-4d56-85dc-df80e1667a65_terseLabel_en-US" xlink:label="lab_dei_BusinessContactMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Business Contact </link:label>
<link:label id="lab_dei_BusinessContactMember_label_en-US" xlink:label="lab_dei_BusinessContactMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Business Contact [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_BusinessContactMember" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_BusinessContactMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_BusinessContactMember" xlink:to="lab_dei_BusinessContactMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CaliforniaResourcesCorporationMember_96f13e83-f3c8-4d24-8697-234f32bad1b2_terseLabel_en-US" xlink:label="lab_bepc_CaliforniaResourcesCorporationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> California Resources Corporation </link:label>
<link:label id="lab_bepc_CaliforniaResourcesCorporationMember_label_en-US" xlink:label="lab_bepc_CaliforniaResourcesCorporationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> California Resources Corporation [Member] </link:label>
<link:label id="lab_bepc_CaliforniaResourcesCorporationMember_documentation_en-US" xlink:label="lab_bepc_CaliforniaResourcesCorporationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> California Resources Corporation </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CaliforniaResourcesCorporationMember" xlink:href="bepc-20231231.xsd#bepc_CaliforniaResourcesCorporationMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CaliforniaResourcesCorporationMember" xlink:to="lab_bepc_CaliforniaResourcesCorporationMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_HedgingInstrumentsAxis_995ac037-84b3-45f0-9c11-aca07aa566cc_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hedging instruments [axis] </link:label>
<link:label id="lab_ifrs-full_HedgingInstrumentsAxis_label_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hedging instruments [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgingInstrumentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_HedgingInstrumentsAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgingInstrumentsAxis" xlink:to="lab_ifrs-full_HedgingInstrumentsAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OperationsMaintenanceAdministration_7812d3cd-3523-429a-928f-acfadb0b0339_negatedTerseLabel_en-US" xlink:label="lab_bepc_OperationsMaintenanceAdministration" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Operations and maintenance </link:label>
<link:label id="lab_bepc_OperationsMaintenanceAdministration_label_en-US" xlink:label="lab_bepc_OperationsMaintenanceAdministration" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Operations Maintenance Administration </link:label>
<link:label id="lab_bepc_OperationsMaintenanceAdministration_documentation_en-US" xlink:label="lab_bepc_OperationsMaintenanceAdministration" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Operations, maintenance and administration expenses </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OperationsMaintenanceAdministration" xlink:href="bepc-20231231.xsd#bepc_OperationsMaintenanceAdministration"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OperationsMaintenanceAdministration" xlink:to="lab_bepc_OperationsMaintenanceAdministration" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DerivativesMember_9e8295c7-c437-42a4-b9f6-58afea4d92bf_terseLabel_en-US" xlink:label="lab_ifrs-full_DerivativesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivatives </link:label>
<link:label id="lab_ifrs-full_DerivativesMember_label_en-US" xlink:label="lab_ifrs-full_DerivativesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivatives [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DerivativesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DerivativesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativesMember" xlink:to="lab_ifrs-full_DerivativesMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory_3d06825e-5ba2-498d-98fe-d55220629c7c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of deferred tax assets and liabilities </link:label>
<link:label id="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of deferred taxes [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDeferredTaxesExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_3890507f-fc59-41e5-80ad-4252a8fce585_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Changes in estimates </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through change in discount rate, other provisions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_EquityAbstract_730556bc-cbbe-49c7-b1af-4e89aa6d9aff_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity </link:label>
<link:label id="lab_ifrs-full_EquityAbstract_label_en-US" xlink:label="lab_ifrs-full_EquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EquityAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAbstract" xlink:to="lab_ifrs-full_EquityAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BrookfieldCorporationAffiliatesMember_45f37a42-22ec-42d6-922f-10e6ad4727ae_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldCorporationAffiliatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Corporation Affiliates </link:label>
<link:label id="lab_bepc_BrookfieldCorporationAffiliatesMember_label_en-US" xlink:label="lab_bepc_BrookfieldCorporationAffiliatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Corporation Affiliates [Member] </link:label>
<link:label id="lab_bepc_BrookfieldCorporationAffiliatesMember_documentation_en-US" xlink:label="lab_bepc_BrookfieldCorporationAffiliatesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Corporation Affiliates </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BrookfieldCorporationAffiliatesMember" xlink:href="bepc-20231231.xsd#bepc_BrookfieldCorporationAffiliatesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BrookfieldCorporationAffiliatesMember" xlink:to="lab_bepc_BrookfieldCorporationAffiliatesMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_75403f34-a870-4814-b4a5-770b71dd03e2_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Origination and reversal of temporary differences </link:label>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax expense (income) relating to origination and reversal of temporary differences </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_RevenueFromInterest_1128fd5e-038e-4275-8ab3-31b556487fa0_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest and other investment income </link:label>
<link:label id="lab_ifrs-full_RevenueFromInterest_label_en-US" xlink:label="lab_ifrs-full_RevenueFromInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromInterest" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RevenueFromInterest"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromInterest" xlink:to="lab_ifrs-full_RevenueFromInterest" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_A60MWBrazilWindPortfolioMember_75ac8b3b-08fd-4964-87a1-13dc3a0bdcda_terseLabel_en-US" xlink:label="lab_bepc_A60MWBrazilWindPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 60 MW Brazil Wind Portfolio </link:label>
<link:label id="lab_bepc_A60MWBrazilWindPortfolioMember_label_en-US" xlink:label="lab_bepc_A60MWBrazilWindPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 60 MW Brazil Wind Portfolio [Member] </link:label>
<link:label id="lab_bepc_A60MWBrazilWindPortfolioMember_documentation_en-US" xlink:label="lab_bepc_A60MWBrazilWindPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 60 MW Brazil Wind Portfolio </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_A60MWBrazilWindPortfolioMember" xlink:href="bepc-20231231.xsd#bepc_A60MWBrazilWindPortfolioMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_A60MWBrazilWindPortfolioMember" xlink:to="lab_bepc_A60MWBrazilWindPortfolioMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AmortisationOfUnamortisedPremiums_bdb5eb9a-c1a5-41a2-bfe7-ff3c959b56f8_negatedTerseLabel_en-US" xlink:label="lab_bepc_AmortisationOfUnamortisedPremiums" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amortization of premiums and discounts fees </link:label>
<link:label id="lab_bepc_AmortisationOfUnamortisedPremiums_label_en-US" xlink:label="lab_bepc_AmortisationOfUnamortisedPremiums" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amortisation of Unamortised Premiums </link:label>
<link:label id="lab_bepc_AmortisationOfUnamortisedPremiums_documentation_en-US" xlink:label="lab_bepc_AmortisationOfUnamortisedPremiums" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amortisation of Unamortised Premiums </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AmortisationOfUnamortisedPremiums" xlink:href="bepc-20231231.xsd#bepc_AmortisationOfUnamortisedPremiums"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AmortisationOfUnamortisedPremiums" xlink:to="lab_bepc_AmortisationOfUnamortisedPremiums" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DerivativeFinancialAssetsLiabilitiesNotDesignatedAsHedgingInstrumentsMember_8c15777c-073d-422e-8354-59353c93b662_terseLabel_en-US" xlink:label="lab_bepc_DerivativeFinancialAssetsLiabilitiesNotDesignatedAsHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative Financial Assets (Liabilities) Not Designated As Hedging Instruments </link:label>
<link:label id="lab_bepc_DerivativeFinancialAssetsLiabilitiesNotDesignatedAsHedgingInstrumentsMember_label_en-US" xlink:label="lab_bepc_DerivativeFinancialAssetsLiabilitiesNotDesignatedAsHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative Financial Assets (Liabilities) Not Designated As Hedging Instruments [Member] </link:label>
<link:label id="lab_bepc_DerivativeFinancialAssetsLiabilitiesNotDesignatedAsHedgingInstrumentsMember_documentation_en-US" xlink:label="lab_bepc_DerivativeFinancialAssetsLiabilitiesNotDesignatedAsHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative Financial Assets (Liabilities) Not Designated As Hedging Instruments </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DerivativeFinancialAssetsLiabilitiesNotDesignatedAsHedgingInstrumentsMember" xlink:href="bepc-20231231.xsd#bepc_DerivativeFinancialAssetsLiabilitiesNotDesignatedAsHedgingInstrumentsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DerivativeFinancialAssetsLiabilitiesNotDesignatedAsHedgingInstrumentsMember" xlink:to="lab_bepc_DerivativeFinancialAssetsLiabilitiesNotDesignatedAsHedgingInstrumentsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SolarPowerCapacity_65312ddd-a1ec-4a8f-acdf-dde589f18198_terseLabel_en-US" xlink:label="lab_bepc_SolarPowerCapacity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Solar power capacity </link:label>
<link:label id="lab_bepc_SolarPowerCapacity_label_en-US" xlink:label="lab_bepc_SolarPowerCapacity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Solar Power Capacity </link:label>
<link:label id="lab_bepc_SolarPowerCapacity_documentation_en-US" xlink:label="lab_bepc_SolarPowerCapacity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Solar Power Capacity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SolarPowerCapacity" xlink:href="bepc-20231231.xsd#bepc_SolarPowerCapacity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SolarPowerCapacity" xlink:to="lab_bepc_SolarPowerCapacity" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OperatingSubsidiariesWithNoncontrollingInterestsMember_7421c868-3cb4-48f1-bfe4-f05ddfe9cd69_terseLabel_en-US" xlink:label="lab_bepc_OperatingSubsidiariesWithNoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total </link:label>
<link:label id="lab_bepc_OperatingSubsidiariesWithNoncontrollingInterestsMember_label_en-US" xlink:label="lab_bepc_OperatingSubsidiariesWithNoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Operating Subsidiaries With Noncontrolling Interests [Member] </link:label>
<link:label id="lab_bepc_OperatingSubsidiariesWithNoncontrollingInterestsMember_documentation_en-US" xlink:label="lab_bepc_OperatingSubsidiariesWithNoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Operating Subsidiaries With Noncontrolling Interests </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OperatingSubsidiariesWithNoncontrollingInterestsMember" xlink:href="bepc-20231231.xsd#bepc_OperatingSubsidiariesWithNoncontrollingInterestsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OperatingSubsidiariesWithNoncontrollingInterestsMember" xlink:to="lab_bepc_OperatingSubsidiariesWithNoncontrollingInterestsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GainsOnDisposalsOfNoncurrentAssets_9bf95462-f90c-42f9-8cc9-199acae40b88_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsOnDisposalsOfNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gain on disposition of non-core assets </link:label>
<link:label id="lab_ifrs-full_GainsOnDisposalsOfNoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_GainsOnDisposalsOfNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains on disposals of non-current assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsOnDisposalsOfNoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsOnDisposalsOfNoncurrentAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsOnDisposalsOfNoncurrentAssets" xlink:to="lab_ifrs-full_GainsOnDisposalsOfNoncurrentAssets" xlink:type="arc" order="1"/>
<link:label id="lab_srt_RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember_cb636905-e39e-4e89-98db-72613c918edb_terseLabel_en-US" xlink:label="lab_srt_RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revision of Prior Period, Accounting Standards Update, Adjustment </link:label>
<link:label id="lab_srt_RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember_label_en-US" xlink:label="lab_srt_RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revision of Prior Period, Accounting Standards Update, Adjustment [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_srt_RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember" xlink:to="lab_srt_RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSalePropertyPlantAndEquipment_5d2e746f-b2da-4333-8494-d6e2d8725bd0_terseLabel_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSalePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Transfer to assets held for sale </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSalePropertyPlantAndEquipment_label_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSalePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) Through Transfers From Assets Held For Sale, Property, Plant, And Equipment </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSalePropertyPlantAndEquipment_documentation_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSalePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) Through Transfers From Assets Held For Sale, Property, Plant, And Equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSalePropertyPlantAndEquipment" xlink:href="bepc-20231231.xsd#bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSalePropertyPlantAndEquipment"/>
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<link:label id="lab_ifrs-full_IFRS9Member_f070deb3-da48-4a21-a216-1e385bc2842a_terseLabel_en-US" xlink:label="lab_ifrs-full_IFRS9Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> IFRS 9 [member] </link:label>
<link:label id="lab_ifrs-full_IFRS9Member_label_en-US" xlink:label="lab_ifrs-full_IFRS9Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> IFRS 9 [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IFRS9Member" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IFRS9Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IFRS9Member" xlink:to="lab_ifrs-full_IFRS9Member" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_Revenue_4c953c28-d0df-4fe5-8585-6586d1079572_terseLabel_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revenues </link:label>
<link:label id="lab_ifrs-full_Revenue_4a703928-974c-41a4-a1f1-1d4c29b4f9fb_verboseLabel_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revenue </link:label>
<link:label id="lab_ifrs-full_Revenue_label_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revenue </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Revenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Revenue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Revenue" xlink:to="lab_ifrs-full_Revenue" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DeferredIncomeTaxAttributedToAbstract_dc4452b2-2b35-4900-856e-53870c72517a_terseLabel_en-US" xlink:label="lab_bepc_DeferredIncomeTaxAttributedToAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred income taxes attributed to: </link:label>
<link:label id="lab_bepc_DeferredIncomeTaxAttributedToAbstract_label_en-US" xlink:label="lab_bepc_DeferredIncomeTaxAttributedToAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred income tax attributed to </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DeferredIncomeTaxAttributedToAbstract" xlink:href="bepc-20231231.xsd#bepc_DeferredIncomeTaxAttributedToAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DeferredIncomeTaxAttributedToAbstract" xlink:to="lab_bepc_DeferredIncomeTaxAttributedToAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_GainsLossesOnChangeInFairValueOfDerivativesNonCash_7ba8b57c-9647-49e4-830b-707885115a3c_negatedLabel_en-US" xlink:label="lab_bepc_GainsLossesOnChangeInFairValueOfDerivativesNonCash" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unrealized financial instrument (gain) loss </link:label>
<link:label id="lab_bepc_GainsLossesOnChangeInFairValueOfDerivativesNonCash_label_en-US" xlink:label="lab_bepc_GainsLossesOnChangeInFairValueOfDerivativesNonCash" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (Losses) On Change In Fair Value Of Derivatives, Non-Cash </link:label>
<link:label id="lab_bepc_GainsLossesOnChangeInFairValueOfDerivativesNonCash_documentation_en-US" xlink:label="lab_bepc_GainsLossesOnChangeInFairValueOfDerivativesNonCash" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (Losses) On Change In Fair Value Of Derivatives, Non-Cash </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_GainsLossesOnChangeInFairValueOfDerivativesNonCash" xlink:href="bepc-20231231.xsd#bepc_GainsLossesOnChangeInFairValueOfDerivativesNonCash"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_GainsLossesOnChangeInFairValueOfDerivativesNonCash" xlink:to="lab_bepc_GainsLossesOnChangeInFairValueOfDerivativesNonCash" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsTable_92aa1511-cda2-4087-8bca-24d11489a178_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of other provisions [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of other provisions [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOtherProvisionsTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsTable" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsTable" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DescriptionOfAccountingPolicyForUseOfJudgementsEstimatesAndAssumptionsPolicyTextBlock_335af439-ffd2-40d3-9343-acb3c9e57809_terseLabel_en-US" xlink:label="lab_bepc_DescriptionOfAccountingPolicyForUseOfJudgementsEstimatesAndAssumptionsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Critical estimates and judgements in applying accounting policies </link:label>
<link:label id="lab_bepc_DescriptionOfAccountingPolicyForUseOfJudgementsEstimatesAndAssumptionsPolicyTextBlock_label_en-US" xlink:label="lab_bepc_DescriptionOfAccountingPolicyForUseOfJudgementsEstimatesAndAssumptionsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description Of Accounting Policy For Use Of Judgements, Estimates, And Assumptions [Policy Text Block] </link:label>
<link:label id="lab_bepc_DescriptionOfAccountingPolicyForUseOfJudgementsEstimatesAndAssumptionsPolicyTextBlock_documentation_en-US" xlink:label="lab_bepc_DescriptionOfAccountingPolicyForUseOfJudgementsEstimatesAndAssumptionsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description Of Accounting Policy For Use Of Judgements, Estimates, And Assumptions [Policy Text Block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DescriptionOfAccountingPolicyForUseOfJudgementsEstimatesAndAssumptionsPolicyTextBlock" xlink:href="bepc-20231231.xsd#bepc_DescriptionOfAccountingPolicyForUseOfJudgementsEstimatesAndAssumptionsPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DescriptionOfAccountingPolicyForUseOfJudgementsEstimatesAndAssumptionsPolicyTextBlock" xlink:to="lab_bepc_DescriptionOfAccountingPolicyForUseOfJudgementsEstimatesAndAssumptionsPolicyTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DepreciationExpense_8b466a52-fac8-4207-a33c-30059b9324ed_negatedLabel_en-US" xlink:label="lab_ifrs-full_DepreciationExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Depreciation </link:label>
<link:label id="lab_ifrs-full_DepreciationExpense_37bf27dc-6628-4945-a7f0-93a204f380f1_terseLabel_en-US" xlink:label="lab_ifrs-full_DepreciationExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Depreciation </link:label>
<link:label id="lab_ifrs-full_DepreciationExpense_19082307-1b0f-49b2-8035-8ccafa49aca6_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DepreciationExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Depreciation </link:label>
<link:label id="lab_ifrs-full_DepreciationExpense_label_en-US" xlink:label="lab_ifrs-full_DepreciationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Depreciation expense </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DepreciationExpense"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationExpense" xlink:to="lab_ifrs-full_DepreciationExpense" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q42023USWindSOFRFinancing2024Member_059954c1-eed0-41d8-8567-62551df1a777_terseLabel_en-US" xlink:label="lab_bepc_Q42023USWindSOFRFinancing2024Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Wind, SOFR, Financing, 2024 </link:label>
<link:label id="lab_bepc_Q42023USWindSOFRFinancing2024Member_label_en-US" xlink:label="lab_bepc_Q42023USWindSOFRFinancing2024Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Wind, SOFR, Financing, 2024 [Member] </link:label>
<link:label id="lab_bepc_Q42023USWindSOFRFinancing2024Member_documentation_en-US" xlink:label="lab_bepc_Q42023USWindSOFRFinancing2024Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Wind, SOFR, Financing, 2024 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q42023USWindSOFRFinancing2024Member" xlink:href="bepc-20231231.xsd#bepc_Q42023USWindSOFRFinancing2024Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q42023USWindSOFRFinancing2024Member" xlink:to="lab_bepc_Q42023USWindSOFRFinancing2024Member" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities_54fbe835-cb4b-4522-9b2e-30846227e8e9_terseLabel_en-US" xlink:label="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Transfers out of Level 3 of fair value hierarchy, liabilities </link:label>
<link:label id="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities_label_en-US" xlink:label="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Transfers out of Level 3 of fair value hierarchy, liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:to="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherAssetsMember_615b5fdf-b0d5-4c14-938c-338d9f6758dc_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other assets </link:label>
<link:label id="lab_ifrs-full_OtherAssetsMember_label_en-US" xlink:label="lab_ifrs-full_OtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other assets [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherAssetsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherAssetsMember" xlink:to="lab_ifrs-full_OtherAssetsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_HydroelectricSegmentMember_9e7df462-6c70-451c-b59a-7cc95518536e_terseLabel_en-US" xlink:label="lab_bepc_HydroelectricSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hydroelectric </link:label>
<link:label id="lab_bepc_HydroelectricSegmentMember_label_en-US" xlink:label="lab_bepc_HydroelectricSegmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hydroelectric Segment [Member] </link:label>
<link:label id="lab_bepc_HydroelectricSegmentMember_documentation_en-US" xlink:label="lab_bepc_HydroelectricSegmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hydroelectric segment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_HydroelectricSegmentMember" xlink:href="bepc-20231231.xsd#bepc_HydroelectricSegmentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_HydroelectricSegmentMember" xlink:to="lab_bepc_HydroelectricSegmentMember" xlink:type="arc" order="1"/>
<link:label id="lab_dei_DocumentTransitionReport_93b4a174-dcaa-4a37-acfb-631210a502b2_terseLabel_en-US" xlink:label="lab_dei_DocumentTransitionReport" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Transition Report </link:label>
<link:label id="lab_dei_DocumentTransitionReport_label_en-US" xlink:label="lab_dei_DocumentTransitionReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Transition Report </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_DocumentTransitionReport" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentTransitionReport"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentTransitionReport" xlink:to="lab_dei_DocumentTransitionReport" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncome_fe0aa47a-c95e-40c0-8d80-41a8a4d5f739_verboseLabel_en-US" xlink:label="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) in revenues from reclassification from OCI </link:label>
<link:label id="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncome_a6d58876-d367-4dcb-aad4-21cc4807a49c_terseLabel_en-US" xlink:label="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reclassification adjustments for amounts recognized in net income </link:label>
<link:label id="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncome_label_en-US" xlink:label="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reclassification Adjustments For Amounts Recognized In Net Income </link:label>
<link:label id="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncome_documentation_en-US" xlink:label="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reclassification Adjustments For Amounts Recognized In Net Income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncome" xlink:href="bepc-20231231.xsd#bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncome" xlink:to="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncome" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_PropertyPlantAndEquipmentMember_d8dce785-bbf2-45c9-aa81-9d09f9125cc0_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, plant and equipment </link:label>
<link:label id="lab_ifrs-full_PropertyPlantAndEquipmentMember_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, plant and equipment [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PropertyPlantAndEquipmentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentMember" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_EntitysTotalForRelatedPartiesMember_8e1ecb0c-3735-4593-a470-690a7cffae6a_terseLabel_en-US" xlink:label="lab_ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity's total for related parties [member] </link:label>
<link:label id="lab_ifrs-full_EntitysTotalForRelatedPartiesMember_label_en-US" xlink:label="lab_ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity's total for related parties [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:to="lab_ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsTable_de6b2453-9696-41d6-874c-d4435c99c68e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about intangible assets [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about intangible assets [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RestrictedCashAndCashEquivalentsOperations_e90f0387-b959-4adb-805d-a0a0ebccb139_terseLabel_en-US" xlink:label="lab_bepc_RestrictedCashAndCashEquivalentsOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Operations  </link:label>
<link:label id="lab_bepc_RestrictedCashAndCashEquivalentsOperations_label_en-US" xlink:label="lab_bepc_RestrictedCashAndCashEquivalentsOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted Cash And Cash Equivalents Operations </link:label>
<link:label id="lab_bepc_RestrictedCashAndCashEquivalentsOperations_documentation_en-US" xlink:label="lab_bepc_RestrictedCashAndCashEquivalentsOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted cash and cash equivalents operation </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RestrictedCashAndCashEquivalentsOperations" xlink:href="bepc-20231231.xsd#bepc_RestrictedCashAndCashEquivalentsOperations"/>
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<link:label id="lab_bepc_BrookfieldReinsuranceLimitedMember_5aa4a5fe-cacf-4616-a8d6-317e13937c40_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldReinsuranceLimitedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Reinsurance Limited </link:label>
<link:label id="lab_bepc_BrookfieldReinsuranceLimitedMember_label_en-US" xlink:label="lab_bepc_BrookfieldReinsuranceLimitedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Reinsurance Limited [Member] </link:label>
<link:label id="lab_bepc_BrookfieldReinsuranceLimitedMember_documentation_en-US" xlink:label="lab_bepc_BrookfieldReinsuranceLimitedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Reinsurance Limited </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BrookfieldReinsuranceLimitedMember" xlink:href="bepc-20231231.xsd#bepc_BrookfieldReinsuranceLimitedMember"/>
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<link:label id="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable_6e1073ca-f3ec-41d7-953f-ed9a26d6f0bd_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of information about terms and conditions of hedging instruments and how they affect future cash flows [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of information about terms and conditions of hedging instruments and how they affect future cash flows [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInformationAboutTermsAndConditionsOfHedgingInstrumentsAndHowTheyAffectFutureCashFlowsTable"/>
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<link:label id="lab_bepc_DisclosureForeignCurrencyTranslationAbstract_label_en-US" xlink:label="lab_bepc_DisclosureForeignCurrencyTranslationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Foreign Currency Translation [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureForeignCurrencyTranslationAbstract" xlink:href="bepc-20231231.xsd#bepc_DisclosureForeignCurrencyTranslationAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureForeignCurrencyTranslationAbstract" xlink:to="lab_bepc_DisclosureForeignCurrencyTranslationAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_a1b5b31f-918d-4b10-b8e1-41b7f55f783f_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trade receivables and other current assets </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for trade and other receivables [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory"/>
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<link:label id="lab_ifrs-full_CurrentTaxExpenseIncome_0586917b-a926-424e-9ae8-3869b8e04376_negatedLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxExpenseIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current </link:label>
<link:label id="lab_ifrs-full_CurrentTaxExpenseIncome_3581d44f-4652-4929-a383-f7c58df84d18_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxExpenseIncome" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Attributed to the current period </link:label>
<link:label id="lab_ifrs-full_CurrentTaxExpenseIncome_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current tax expense (income) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentTaxExpenseIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxExpenseIncome" xlink:to="lab_ifrs-full_CurrentTaxExpenseIncome" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory_a85e6d21-9181-4f34-aaec-2db8451a81a7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> DISPOSAL OF ASSETS </link:label>
<link:label id="lab_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of non-current assets held for sale and discontinued operations [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory"/>
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<link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_72763a51-79a7-4b18-9075-11a0adb7490d_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income (loss) that will not be reclassified to net income </link:label>
<link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Components of other comprehensive income that will not be reclassified to profit or loss, net of tax [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract"/>
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<link:label id="lab_ifrs-full_DisclosureOfCreditRiskExposureLineItems_d5538628-4b3a-41ec-8c8b-1ca462cc391d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of credit risk exposure [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfCreditRiskExposureLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of credit risk exposure [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCreditRiskExposureLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfCreditRiskExposureLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCreditRiskExposureLineItems" xlink:to="lab_ifrs-full_DisclosureOfCreditRiskExposureLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember_a248e0a3-113c-40c5-ad41-ff655c3060b2_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investments in equity securities </link:label>
<link:label id="lab_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember_6e410e7c-1d69-462e-8862-1bb977c2ae73_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investments in debt and equity securities </link:label>
<link:label id="lab_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial assets available-for-sale, category [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAvailableforsaleCategoryMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:to="lab_ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityAddressCountry_93aa6744-496f-4cb4-af27-d5e4e58949db_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Address, Country </link:label>
<link:label id="lab_dei_EntityAddressCountry_label_en-US" xlink:label="lab_dei_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Address, Country </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCountry" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCountry"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCountry" xlink:to="lab_dei_EntityAddressCountry" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ShareSettlementLiabilities_c6813fe9-ebe0-4d99-b7f7-e7f6658a8f4e_verboseLabel_en-US" xlink:label="lab_bepc_ShareSettlementLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share-settlement liability </link:label>
<link:label id="lab_bepc_ShareSettlementLiabilities_label_en-US" xlink:label="lab_bepc_ShareSettlementLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Settlement, Liabilities </link:label>
<link:label id="lab_bepc_ShareSettlementLiabilities_documentation_en-US" xlink:label="lab_bepc_ShareSettlementLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Settlement, Liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ShareSettlementLiabilities" xlink:href="bepc-20231231.xsd#bepc_ShareSettlementLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ShareSettlementLiabilities" xlink:to="lab_bepc_ShareSettlementLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GainsLossesOnDisposalsOfInvestments_1b36ce48-60d1-4848-9cc8-7f00eb51ddf1_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnDisposalsOfInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (losses) on disposals of investments </link:label>
<link:label id="lab_ifrs-full_GainsLossesOnDisposalsOfInvestments_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnDisposalsOfInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (losses) on disposals of investments </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnDisposalsOfInvestments" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnDisposalsOfInvestments"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnDisposalsOfInvestments" xlink:to="lab_ifrs-full_GainsLossesOnDisposalsOfInvestments" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CashProceedsFromContributionsOfNonControllingInterests_13b6ba47-01c4-435f-bc91-d9fdb9509173_terseLabel_en-US" xlink:label="lab_bepc_CashProceedsFromContributionsOfNonControllingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Capital contributions from non-controlling interests </link:label>
<link:label id="lab_bepc_CashProceedsFromContributionsOfNonControllingInterests_label_en-US" xlink:label="lab_bepc_CashProceedsFromContributionsOfNonControllingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash Proceeds From Contributions Of Non-Controlling Interests </link:label>
<link:label id="lab_bepc_CashProceedsFromContributionsOfNonControllingInterests_documentation_en-US" xlink:label="lab_bepc_CashProceedsFromContributionsOfNonControllingInterests" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash Proceeds From Contributions Of Non-Controlling Interests </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CashProceedsFromContributionsOfNonControllingInterests" xlink:href="bepc-20231231.xsd#bepc_CashProceedsFromContributionsOfNonControllingInterests"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CashProceedsFromContributionsOfNonControllingInterests" xlink:to="lab_bepc_CashProceedsFromContributionsOfNonControllingInterests" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Terminalcapitalizationrateappliedtocashflowprojections_18035fbf-2a49-48e1-811b-6e02932e3678_terseLabel_en-US" xlink:label="lab_bepc_Terminalcapitalizationrateappliedtocashflowprojections" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Terminal capitalization rate </link:label>
<link:label id="lab_bepc_Terminalcapitalizationrateappliedtocashflowprojections_label_en-US" xlink:label="lab_bepc_Terminalcapitalizationrateappliedtocashflowprojections" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Terminal Capitalization Rate Applied To Cash Flow Projections </link:label>
<link:label id="lab_bepc_Terminalcapitalizationrateappliedtocashflowprojections_documentation_en-US" xlink:label="lab_bepc_Terminalcapitalizationrateappliedtocashflowprojections" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Terminal Capitalization Rate used for revaluation of Property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Terminalcapitalizationrateappliedtocashflowprojections" xlink:href="bepc-20231231.xsd#bepc_Terminalcapitalizationrateappliedtocashflowprojections"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Terminalcapitalizationrateappliedtocashflowprojections" xlink:to="lab_bepc_Terminalcapitalizationrateappliedtocashflowprojections" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory_82106a5b-5393-43a2-be20-cdaff9ebd3b1_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred income taxes </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for deferred income tax [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_PenstocksMember_bde3d55c-aa0d-401a-9862-5426754acdfe_terseLabel_en-US" xlink:label="lab_bepc_PenstocksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Penstocks </link:label>
<link:label id="lab_bepc_PenstocksMember_label_en-US" xlink:label="lab_bepc_PenstocksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Penstocks [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_PenstocksMember" xlink:href="bepc-20231231.xsd#bepc_PenstocksMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_PenstocksMember" xlink:to="lab_bepc_PenstocksMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_d276c746-b03d-4df1-a108-ea6148de8bf4_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign exchange and other </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through net exchange differences, other provisions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NonCurrentProvisionsRecognisedAsOfAcquisitionDate_69a2fca1-03c0-4c0e-a8da-7c6e1e667e2a_negatedTerseLabel_en-US" xlink:label="lab_bepc_NonCurrentProvisionsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax liabilities </link:label>
<link:label id="lab_bepc_NonCurrentProvisionsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_bepc_NonCurrentProvisionsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-Current Provisions Recognised as of Acquisition Date </link:label>
<link:label id="lab_bepc_NonCurrentProvisionsRecognisedAsOfAcquisitionDate_documentation_en-US" xlink:label="lab_bepc_NonCurrentProvisionsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-Current Provisions Recognised as of Acquisition Date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NonCurrentProvisionsRecognisedAsOfAcquisitionDate" xlink:href="bepc-20231231.xsd#bepc_NonCurrentProvisionsRecognisedAsOfAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NonCurrentProvisionsRecognisedAsOfAcquisitionDate" xlink:to="lab_bepc_NonCurrentProvisionsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_LettersOfCreditMember_2006d455-8375-424a-8ce9-f31be0381870_terseLabel_en-US" xlink:label="lab_bepc_LettersOfCreditMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Letters of Credit </link:label>
<link:label id="lab_bepc_LettersOfCreditMember_label_en-US" xlink:label="lab_bepc_LettersOfCreditMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Letters Of Credit [Member] </link:label>
<link:label id="lab_bepc_LettersOfCreditMember_documentation_en-US" xlink:label="lab_bepc_LettersOfCreditMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Letters Of Credit </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_LettersOfCreditMember" xlink:href="bepc-20231231.xsd#bepc_LettersOfCreditMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_LettersOfCreditMember" xlink:to="lab_bepc_LettersOfCreditMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_WindSegmentMember_5ef5ac3f-03c0-42c3-a8cc-0ae522b8b386_terseLabel_en-US" xlink:label="lab_bepc_WindSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Wind </link:label>
<link:label id="lab_bepc_WindSegmentMember_label_en-US" xlink:label="lab_bepc_WindSegmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Wind Segment [Member] </link:label>
<link:label id="lab_bepc_WindSegmentMember_documentation_en-US" xlink:label="lab_bepc_WindSegmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Wind segment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_WindSegmentMember" xlink:href="bepc-20231231.xsd#bepc_WindSegmentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_WindSegmentMember" xlink:to="lab_bepc_WindSegmentMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BorrowingsForNonCashAcquisitions_17e61561-d052-4b7f-9243-1927e3a1805c_terseLabel_en-US" xlink:label="lab_bepc_BorrowingsForNonCashAcquisitions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisition </link:label>
<link:label id="lab_bepc_BorrowingsForNonCashAcquisitions_label_en-US" xlink:label="lab_bepc_BorrowingsForNonCashAcquisitions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings For Non Cash Acquisitions </link:label>
<link:label id="lab_bepc_BorrowingsForNonCashAcquisitions_documentation_en-US" xlink:label="lab_bepc_BorrowingsForNonCashAcquisitions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings for non cash acquisitions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BorrowingsForNonCashAcquisitions" xlink:href="bepc-20231231.xsd#bepc_BorrowingsForNonCashAcquisitions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BorrowingsForNonCashAcquisitions" xlink:to="lab_bepc_BorrowingsForNonCashAcquisitions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_ecdffcb6-6c1b-4ef6-a885-b4a3c0aca1e5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of transactions between related parties [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of transactions between related parties [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProfessionalFeesExpense_60118676-ddfc-4f44-b319-d42b3b6917ea_negatedLabel_en-US" xlink:label="lab_ifrs-full_ProfessionalFeesExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Professional fees </link:label>
<link:label id="lab_ifrs-full_ProfessionalFeesExpense_label_en-US" xlink:label="lab_ifrs-full_ProfessionalFeesExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Professional fees expense </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfessionalFeesExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProfessionalFeesExpense"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfessionalFeesExpense" xlink:to="lab_ifrs-full_ProfessionalFeesExpense" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfPropertyPlantAndEquipmentTableExplanatoryTableTextBlock_841c5013-b964-451f-ad66-f2c5d5a05b1a_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfPropertyPlantAndEquipmentTableExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of property, plant and equipment at fair value </link:label>
<link:label id="lab_bepc_DisclosureOfPropertyPlantAndEquipmentTableExplanatoryTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfPropertyPlantAndEquipmentTableExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Property Plant And Equipment Table Explanatory [Table Text Block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfPropertyPlantAndEquipmentTableExplanatoryTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfPropertyPlantAndEquipmentTableExplanatoryTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfPropertyPlantAndEquipmentTableExplanatoryTableTextBlock" xlink:to="lab_bepc_DisclosureOfPropertyPlantAndEquipmentTableExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfDividendsLineItems_dd2693a7-78eb-42af-8941-b2d8c9cc7e40_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfDividendsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of dividends [line items] </link:label>
<link:label id="lab_bepc_DisclosureOfDividendsLineItems_label_en-US" xlink:label="lab_bepc_DisclosureOfDividendsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of dividends [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfDividendsLineItems" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfDividendsLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfDividendsLineItems" xlink:to="lab_bepc_DisclosureOfDividendsLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ConcessionAssetMember_43190d50-6453-4b44-93d5-33ba2830a954_terseLabel_en-US" xlink:label="lab_bepc_ConcessionAssetMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Concession asset </link:label>
<link:label id="lab_bepc_ConcessionAssetMember_label_en-US" xlink:label="lab_bepc_ConcessionAssetMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Concession asset [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ConcessionAssetMember" xlink:href="bepc-20231231.xsd#bepc_ConcessionAssetMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ConcessionAssetMember" xlink:to="lab_bepc_ConcessionAssetMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivitiesInitialInvestment_deed17a7-0b7c-4b42-b8eb-a59e6fa25fd1_terseLabel_en-US" xlink:label="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivitiesInitialInvestment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Initial investment </link:label>
<link:label id="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivitiesInitialInvestment_label_en-US" xlink:label="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivitiesInitialInvestment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Cash Payments To Acquire Interests In Joint Ventures, Classified As Investing Activities, Initial Investment </link:label>
<link:label id="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivitiesInitialInvestment_documentation_en-US" xlink:label="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivitiesInitialInvestment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Cash Payments To Acquire Interests In Joint Ventures, Classified As Investing Activities, Initial Investment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivitiesInitialInvestment" xlink:href="bepc-20231231.xsd#bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivitiesInitialInvestment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivitiesInitialInvestment" xlink:to="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivitiesInitialInvestment" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SolarGeneratingUnitsMember_3fc4f235-f2ea-4fd9-a30a-14e2e4eb4572_terseLabel_en-US" xlink:label="lab_bepc_SolarGeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Solar generating units </link:label>
<link:label id="lab_bepc_SolarGeneratingUnitsMember_label_en-US" xlink:label="lab_bepc_SolarGeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Solar generating units [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SolarGeneratingUnitsMember" xlink:href="bepc-20231231.xsd#bepc_SolarGeneratingUnitsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SolarGeneratingUnitsMember" xlink:to="lab_bepc_SolarGeneratingUnitsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q42023USSolarSOFRFinancing2028Member_f4db201a-29d8-4626-b684-0482320e6e64_terseLabel_en-US" xlink:label="lab_bepc_Q42023USSolarSOFRFinancing2028Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Solar, SOFR, Financing, 2028 </link:label>
<link:label id="lab_bepc_Q42023USSolarSOFRFinancing2028Member_label_en-US" xlink:label="lab_bepc_Q42023USSolarSOFRFinancing2028Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Solar, SOFR, Financing, 2028 [Member] </link:label>
<link:label id="lab_bepc_Q42023USSolarSOFRFinancing2028Member_documentation_en-US" xlink:label="lab_bepc_Q42023USSolarSOFRFinancing2028Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Solar, SOFR, Financing, 2028 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q42023USSolarSOFRFinancing2028Member" xlink:href="bepc-20231231.xsd#bepc_Q42023USSolarSOFRFinancing2028Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q42023USSolarSOFRFinancing2028Member" xlink:to="lab_bepc_Q42023USSolarSOFRFinancing2028Member" xlink:type="arc" order="1"/>
<link:label id="lab_dei_DocumentFinStmtErrorCorrectionFlag_3f60ba16-e28e-4d33-a12e-43325c9ced00_terseLabel_en-US" xlink:label="lab_dei_DocumentFinStmtErrorCorrectionFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Financial Statement Error Correction [Flag] </link:label>
<link:label id="lab_dei_DocumentFinStmtErrorCorrectionFlag_label_en-US" xlink:label="lab_dei_DocumentFinStmtErrorCorrectionFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Financial Statement Error Correction [Flag] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFinStmtErrorCorrectionFlag" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFinStmtErrorCorrectionFlag"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFinStmtErrorCorrectionFlag" xlink:to="lab_dei_DocumentFinStmtErrorCorrectionFlag" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsTable_2d296c89-113a-46ab-bc33-7fc64cf9a400_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of operating segments [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of operating segments [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherNoncurrentLiabilities_55768cac-45fa-440b-88b1-c96023aa7ba1_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other long-term liabilities </link:label>
<link:label id="lab_ifrs-full_OtherNoncurrentLiabilities_67df28a7-8fc0-4fc6-a855-39a098213a14_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other long-term liabilities – concession payments </link:label>
<link:label id="lab_ifrs-full_OtherNoncurrentLiabilities_8a63da10-f4a6-4bcc-bc22-f2c281f013a5_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other long-term liabilities, net </link:label>
<link:label id="lab_ifrs-full_OtherNoncurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other non-current liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherNoncurrentLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentLiabilities" xlink:to="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ClassBMultipleVotingSharesMember_91af191a-7779-4ae6-b361-95dddff40f61_terseLabel_en-US" xlink:label="lab_bepc_ClassBMultipleVotingSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class B Multiple Voting Shares </link:label>
<link:label id="lab_bepc_ClassBMultipleVotingSharesMember_label_en-US" xlink:label="lab_bepc_ClassBMultipleVotingSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class B Multiple Voting Shares [Member] </link:label>
<link:label id="lab_bepc_ClassBMultipleVotingSharesMember_documentation_en-US" xlink:label="lab_bepc_ClassBMultipleVotingSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class B Multiple Voting Shares </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ClassBMultipleVotingSharesMember" xlink:href="bepc-20231231.xsd#bepc_ClassBMultipleVotingSharesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ClassBMultipleVotingSharesMember" xlink:to="lab_bepc_ClassBMultipleVotingSharesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesConstructionInProgress_113884ee-a73b-472b-9065-7ac5adecb431_terseLabel_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign exchange </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesConstructionInProgress_label_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) Through Net Exchange Differences, Construction in Progress </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesConstructionInProgress_documentation_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) Through Net Exchange Differences, Construction in Progress </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncreaseDecreaseThroughNetExchangeDifferencesConstructionInProgress" xlink:href="bepc-20231231.xsd#bepc_IncreaseDecreaseThroughNetExchangeDifferencesConstructionInProgress"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IncreaseDecreaseThroughNetExchangeDifferencesConstructionInProgress" xlink:to="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesConstructionInProgress" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ShareOutstandingValue_825564f2-68c4-4ffe-939f-5b8020f4d70c_periodStartLabel_en-US" xlink:label="lab_bepc_ShareOutstandingValue" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Beginning balance </link:label>
<link:label id="lab_bepc_ShareOutstandingValue_4cd29ab9-ebcf-4351-8db7-7e016789f2c4_periodEndLabel_en-US" xlink:label="lab_bepc_ShareOutstandingValue" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ending balance </link:label>
<link:label id="lab_bepc_ShareOutstandingValue_label_en-US" xlink:label="lab_bepc_ShareOutstandingValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Outstanding, Value </link:label>
<link:label id="lab_bepc_ShareOutstandingValue_documentation_en-US" xlink:label="lab_bepc_ShareOutstandingValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Outstanding, Value </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ShareOutstandingValue" xlink:href="bepc-20231231.xsd#bepc_ShareOutstandingValue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ShareOutstandingValue" xlink:to="lab_bepc_ShareOutstandingValue" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_WindPowerCapacityGenerationFacilities_ffa8e12e-b1cb-46d6-be09-9bd8403a231f_terseLabel_en-US" xlink:label="lab_bepc_WindPowerCapacityGenerationFacilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Wind power capacity, generation facilities (in MW) </link:label>
<link:label id="lab_bepc_WindPowerCapacityGenerationFacilities_label_en-US" xlink:label="lab_bepc_WindPowerCapacityGenerationFacilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Wind Power Capacity, Generation Facilities </link:label>
<link:label id="lab_bepc_WindPowerCapacityGenerationFacilities_documentation_en-US" xlink:label="lab_bepc_WindPowerCapacityGenerationFacilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Wind Power Capacity, Generation Facilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_WindPowerCapacityGenerationFacilities" xlink:href="bepc-20231231.xsd#bepc_WindPowerCapacityGenerationFacilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_WindPowerCapacityGenerationFacilities" xlink:to="lab_bepc_WindPowerCapacityGenerationFacilities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SupplementalCashFlowInformation1Abstract_be2f487c-23e9-4b2f-98d4-af18b3b58e85_terseLabel_en-US" xlink:label="lab_bepc_SupplementalCashFlowInformation1Abstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Supplemental cash flow information: </link:label>
<link:label id="lab_bepc_SupplementalCashFlowInformation1Abstract_label_en-US" xlink:label="lab_bepc_SupplementalCashFlowInformation1Abstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Supplemental Cash Flow Information1 [Abstract] </link:label>
<link:label id="lab_bepc_SupplementalCashFlowInformation1Abstract_documentation_en-US" xlink:label="lab_bepc_SupplementalCashFlowInformation1Abstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Supplemental Cash Flow Information [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SupplementalCashFlowInformation1Abstract" xlink:href="bepc-20231231.xsd#bepc_SupplementalCashFlowInformation1Abstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SupplementalCashFlowInformation1Abstract" xlink:to="lab_bepc_SupplementalCashFlowInformation1Abstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NonPermanentFinancingsMember_c2665e48-850e-46a5-8738-96b0b8031ed5_terseLabel_en-US" xlink:label="lab_bepc_NonPermanentFinancingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-permanent financings </link:label>
<link:label id="lab_bepc_NonPermanentFinancingsMember_label_en-US" xlink:label="lab_bepc_NonPermanentFinancingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-Permanent Financings [Member] </link:label>
<link:label id="lab_bepc_NonPermanentFinancingsMember_documentation_en-US" xlink:label="lab_bepc_NonPermanentFinancingsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-Permanent Financings </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NonPermanentFinancingsMember" xlink:href="bepc-20231231.xsd#bepc_NonPermanentFinancingsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NonPermanentFinancingsMember" xlink:to="lab_bepc_NonPermanentFinancingsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture_d91d568d-0bf4-482f-a589-8d435b269dbf_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proportion of ownership interest in joint venture </link:label>
<link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proportion of ownership interest in joint venture </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProportionOfOwnershipInterestInJointVenture"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfUnamortizedFinancingFeesOfCorporateBorrowingsTableTextBlock_ccb075d4-15cf-4bdf-86fa-6c011e4d606f_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfUnamortizedFinancingFeesOfCorporateBorrowingsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of change in the unamortized financing fees of corporate borrowings </link:label>
<link:label id="lab_bepc_DisclosureOfUnamortizedFinancingFeesOfCorporateBorrowingsTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfUnamortizedFinancingFeesOfCorporateBorrowingsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Unamortized Financing Fees Of Corporate Borrowings [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfUnamortizedFinancingFeesOfCorporateBorrowingsTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfUnamortizedFinancingFeesOfCorporateBorrowingsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Unamortized Financing Fees Of Corporate Borrowings </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfUnamortizedFinancingFeesOfCorporateBorrowingsTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfUnamortizedFinancingFeesOfCorporateBorrowingsTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfUnamortizedFinancingFeesOfCorporateBorrowingsTableTextBlock" xlink:to="lab_bepc_DisclosureOfUnamortizedFinancingFeesOfCorporateBorrowingsTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_51004900-e7dc-4549-afb6-9060895c2edf_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign exchange </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through net exchange differences, property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_FinancialAssetsLiabilitiesNetPositionCurrentPortion_44e14af8-7e97-4827-b2dc-4bd70cd230ae_terseLabel_en-US" xlink:label="lab_bepc_FinancialAssetsLiabilitiesNetPositionCurrentPortion" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Less: current portion </link:label>
<link:label id="lab_bepc_FinancialAssetsLiabilitiesNetPositionCurrentPortion_label_en-US" xlink:label="lab_bepc_FinancialAssetsLiabilitiesNetPositionCurrentPortion" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial assets liabilities net position current portion </link:label>
<link:label id="lab_bepc_FinancialAssetsLiabilitiesNetPositionCurrentPortion_documentation_en-US" xlink:label="lab_bepc_FinancialAssetsLiabilitiesNetPositionCurrentPortion" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial assets liabilities net position current portion </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_FinancialAssetsLiabilitiesNetPositionCurrentPortion" xlink:href="bepc-20231231.xsd#bepc_FinancialAssetsLiabilitiesNetPositionCurrentPortion"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_FinancialAssetsLiabilitiesNetPositionCurrentPortion" xlink:to="lab_bepc_FinancialAssetsLiabilitiesNetPositionCurrentPortion" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfNonControllingInterestsTableTableTextBlock_fd7794c8-f6e9-4a28-a893-cd5d4acb3bd6_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfNonControllingInterestsTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of non-controlling interests </link:label>
<link:label id="lab_bepc_DisclosureOfNonControllingInterestsTableTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfNonControllingInterestsTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Non-Controlling Interests Table [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfNonControllingInterestsTableTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfNonControllingInterestsTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of non-controlling interests table lead in </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfNonControllingInterestsTableTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfNonControllingInterestsTableTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfNonControllingInterestsTableTableTextBlock" xlink:to="lab_bepc_DisclosureOfNonControllingInterestsTableTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AssetsAndLiabilitiesAxis_2bc73528-fdbd-4006-bf9f-aa41340a6d79_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Assets and liabilities [axis] </link:label>
<link:label id="lab_ifrs-full_AssetsAndLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Assets and liabilities [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAndLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AssetsAndLiabilitiesAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAndLiabilitiesAxis" xlink:to="lab_ifrs-full_AssetsAndLiabilitiesAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_SegmentsAxis_86430b8b-db62-49c0-a48c-6a4243f80183_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Segments [axis] </link:label>
<link:label id="lab_ifrs-full_SegmentsAxis_label_en-US" xlink:label="lab_ifrs-full_SegmentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Segments [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SegmentsAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentsAxis" xlink:to="lab_ifrs-full_SegmentsAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DerivativeAverageFixedInterestRates_a92caded-2055-4ada-8c82-8af6485f256a_terseLabel_en-US" xlink:label="lab_bepc_DerivativeAverageFixedInterestRates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative, average fixed interest rates </link:label>
<link:label id="lab_bepc_DerivativeAverageFixedInterestRates_label_en-US" xlink:label="lab_bepc_DerivativeAverageFixedInterestRates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative, Average Fixed Interest Rates </link:label>
<link:label id="lab_bepc_DerivativeAverageFixedInterestRates_documentation_en-US" xlink:label="lab_bepc_DerivativeAverageFixedInterestRates" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Average fixed interest rate related to the group of interest rate derivatives. </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DerivativeAverageFixedInterestRates" xlink:href="bepc-20231231.xsd#bepc_DerivativeAverageFixedInterestRates"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DerivativeAverageFixedInterestRates" xlink:to="lab_bepc_DerivativeAverageFixedInterestRates" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate_4e0afd2d-25a1-4b21-afe4-e9f49b8bd10c_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proportion of economic interest </link:label>
<link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proportion of ownership interest in associate </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProportionOfOwnershipInterestInAssociate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BrookfieldPowerUsHoldingAmericaCoMember_9cc5e41c-903c-4b89-a3b6-18457753d781_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldPowerUsHoldingAmericaCoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Power US Holding America Co. </link:label>
<link:label id="lab_bepc_BrookfieldPowerUsHoldingAmericaCoMember_label_en-US" xlink:label="lab_bepc_BrookfieldPowerUsHoldingAmericaCoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Power US Holding America Co. [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BrookfieldPowerUsHoldingAmericaCoMember" xlink:href="bepc-20231231.xsd#bepc_BrookfieldPowerUsHoldingAmericaCoMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BrookfieldPowerUsHoldingAmericaCoMember" xlink:to="lab_bepc_BrookfieldPowerUsHoldingAmericaCoMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_UnamortizedFinancingFees_bc43ff92-09fe-4848-bcfe-32e85f36ba46_negatedPeriodStartLabel_en-US" xlink:label="lab_bepc_UnamortizedFinancingFees" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortized financing fees and discounts, beginning of year </link:label>
<link:label id="lab_bepc_UnamortizedFinancingFees_1d60321a-5db2-49de-b8e7-b2a142d91c26_negatedPeriodEndLabel_en-US" xlink:label="lab_bepc_UnamortizedFinancingFees" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortized financing fees and discounts, end of year </link:label>
<link:label id="lab_bepc_UnamortizedFinancingFees_label_en-US" xlink:label="lab_bepc_UnamortizedFinancingFees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortized financing fees </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_UnamortizedFinancingFees" xlink:href="bepc-20231231.xsd#bepc_UnamortizedFinancingFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_UnamortizedFinancingFees" xlink:to="lab_bepc_UnamortizedFinancingFees" xlink:type="arc" order="1"/>
<link:label id="lab_dei_DocumentPeriodEndDate_ea84bbfc-6969-4180-8d35-ac496b6e19d9_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Period End Date </link:label>
<link:label id="lab_dei_DocumentPeriodEndDate_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Period End Date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodEndDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ProvisionsRecognisedAsOfAcquisitionDate_c97bfcc1-6f94-40b2-8486-1724a5ffdd36_negatedTerseLabel_en-US" xlink:label="lab_bepc_ProvisionsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Provisions </link:label>
<link:label id="lab_bepc_ProvisionsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_bepc_ProvisionsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Provisions Recognised As Of Acquisition Date </link:label>
<link:label id="lab_bepc_ProvisionsRecognisedAsOfAcquisitionDate_documentation_en-US" xlink:label="lab_bepc_ProvisionsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Provisions Recognised As Of Acquisition Date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ProvisionsRecognisedAsOfAcquisitionDate" xlink:href="bepc-20231231.xsd#bepc_ProvisionsRecognisedAsOfAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ProvisionsRecognisedAsOfAcquisitionDate" xlink:to="lab_bepc_ProvisionsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_dfc62526-8bd3-4923-b4ac-ec48127b125c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of related party agreements and transactions in the consolidated statements of income </link:label>
<link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of transactions between related parties [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CashSubjectToRestrictions_7119d435-cdba-4b79-9942-6d1de3240496_terseLabel_en-US" xlink:label="lab_bepc_CashSubjectToRestrictions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash subject to restriction </link:label>
<link:label id="lab_bepc_CashSubjectToRestrictions_label_en-US" xlink:label="lab_bepc_CashSubjectToRestrictions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash Subject To Restrictions </link:label>
<link:label id="lab_bepc_CashSubjectToRestrictions_documentation_en-US" xlink:label="lab_bepc_CashSubjectToRestrictions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash Subject To Restrictions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CashSubjectToRestrictions" xlink:href="bepc-20231231.xsd#bepc_CashSubjectToRestrictions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CashSubjectToRestrictions" xlink:to="lab_bepc_CashSubjectToRestrictions" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ContractualUndiscountedCashFlowsDomain_86f97079-ff76-4c04-947e-5d0db413513b_terseLabel_en-US" xlink:label="lab_bepc_ContractualUndiscountedCashFlowsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contractual Undiscounted Cash Flows [Domain] </link:label>
<link:label id="lab_bepc_ContractualUndiscountedCashFlowsDomain_label_en-US" xlink:label="lab_bepc_ContractualUndiscountedCashFlowsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contractual Undiscounted Cash Flows [Domain] </link:label>
<link:label id="lab_bepc_ContractualUndiscountedCashFlowsDomain_documentation_en-US" xlink:label="lab_bepc_ContractualUndiscountedCashFlowsDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> [Domain] for Contractual Undiscounted Cash Flows [Axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ContractualUndiscountedCashFlowsDomain" xlink:href="bepc-20231231.xsd#bepc_ContractualUndiscountedCashFlowsDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ContractualUndiscountedCashFlowsDomain" xlink:to="lab_bepc_ContractualUndiscountedCashFlowsDomain" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory_f4fe6408-9c9c-4d36-9bf0-152ed06279f5_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Asset impairment </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for impairment of assets [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AnnualMarketingFees_9d64172c-4245-40ad-b8b6-536053c16a39_negatedTerseLabel_en-US" xlink:label="lab_bepc_AnnualMarketingFees" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other related party services </link:label>
<link:label id="lab_bepc_AnnualMarketingFees_label_en-US" xlink:label="lab_bepc_AnnualMarketingFees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Annual Marketing Fees </link:label>
<link:label id="lab_bepc_AnnualMarketingFees_documentation_en-US" xlink:label="lab_bepc_AnnualMarketingFees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Annual marketing fees initial </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AnnualMarketingFees" xlink:href="bepc-20231231.xsd#bepc_AnnualMarketingFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AnnualMarketingFees" xlink:to="lab_bepc_AnnualMarketingFees" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_HedgingDesignationsAxis_ce0b15f2-7987-4617-829d-d6276dab57bd_terseLabel_en-US" xlink:label="lab_bepc_HedgingDesignationsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hedging Designations [Axis] </link:label>
<link:label id="lab_bepc_HedgingDesignationsAxis_label_en-US" xlink:label="lab_bepc_HedgingDesignationsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hedging Designations [Axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_HedgingDesignationsAxis" xlink:href="bepc-20231231.xsd#bepc_HedgingDesignationsAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_HedgingDesignationsAxis" xlink:to="lab_bepc_HedgingDesignationsAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners_0c586462-aa16-48fe-b533-7770f1ededbf_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Return of capital </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Decrease through other distributions to owners, equity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughOtherDistributionsToOwners" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems_c91b79ba-2dd9-4ab1-a11a-bcc76151e9a3_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of finance lease and operating lease by lessee [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of quantitative information about right-of-use assets [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_BusinessCombinationsAxis_89b9db11-e4f5-4426-9dcf-020e84def587_terseLabel_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Business combinations [axis] </link:label>
<link:label id="lab_ifrs-full_BusinessCombinationsAxis_label_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Business combinations [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BusinessCombinationsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BusinessCombinationsAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsAxis" xlink:to="lab_ifrs-full_BusinessCombinationsAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DebtAssociatedWithColombiaHydroelectricAssetsMaturesIn2047Member_e2959a13-8add-4398-98a8-d4274afda43b_terseLabel_en-US" xlink:label="lab_bepc_DebtAssociatedWithColombiaHydroelectricAssetsMaturesIn2047Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Debt Associated With Colombia Hydroelectric Assets, Matures In 2047 </link:label>
<link:label id="lab_bepc_DebtAssociatedWithColombiaHydroelectricAssetsMaturesIn2047Member_label_en-US" xlink:label="lab_bepc_DebtAssociatedWithColombiaHydroelectricAssetsMaturesIn2047Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Debt Associated With Colombia Hydroelectric Assets, Matures In 2047 [Member] </link:label>
<link:label id="lab_bepc_DebtAssociatedWithColombiaHydroelectricAssetsMaturesIn2047Member_documentation_en-US" xlink:label="lab_bepc_DebtAssociatedWithColombiaHydroelectricAssetsMaturesIn2047Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Debt Associated With Colombia Hydroelectric Assets, Matures In 2047 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DebtAssociatedWithColombiaHydroelectricAssetsMaturesIn2047Member" xlink:href="bepc-20231231.xsd#bepc_DebtAssociatedWithColombiaHydroelectricAssetsMaturesIn2047Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DebtAssociatedWithColombiaHydroelectricAssetsMaturesIn2047Member" xlink:to="lab_bepc_DebtAssociatedWithColombiaHydroelectricAssetsMaturesIn2047Member" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ForeignCurrencyTranslationAndCashFlowHedgeNetOfInvestmentHedgeAssociatedWithTheDisposalOfAssets_864da1e4-da5e-494b-bcaf-130deb004e5a_terseLabel_en-US" xlink:label="lab_bepc_ForeignCurrencyTranslationAndCashFlowHedgeNetOfInvestmentHedgeAssociatedWithTheDisposalOfAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flow hedge associated with the disposal of assets </link:label>
<link:label id="lab_bepc_ForeignCurrencyTranslationAndCashFlowHedgeNetOfInvestmentHedgeAssociatedWithTheDisposalOfAssets_label_en-US" xlink:label="lab_bepc_ForeignCurrencyTranslationAndCashFlowHedgeNetOfInvestmentHedgeAssociatedWithTheDisposalOfAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign currency translation and cash flow hedge, net of investment hedge, associated with the disposal of assets </link:label>
<link:label id="lab_bepc_ForeignCurrencyTranslationAndCashFlowHedgeNetOfInvestmentHedgeAssociatedWithTheDisposalOfAssets_documentation_en-US" xlink:label="lab_bepc_ForeignCurrencyTranslationAndCashFlowHedgeNetOfInvestmentHedgeAssociatedWithTheDisposalOfAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign currency translation and cash flow hedge, net of investment hedge, associated with the disposal of assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ForeignCurrencyTranslationAndCashFlowHedgeNetOfInvestmentHedgeAssociatedWithTheDisposalOfAssets" xlink:href="bepc-20231231.xsd#bepc_ForeignCurrencyTranslationAndCashFlowHedgeNetOfInvestmentHedgeAssociatedWithTheDisposalOfAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ForeignCurrencyTranslationAndCashFlowHedgeNetOfInvestmentHedgeAssociatedWithTheDisposalOfAssets" xlink:to="lab_bepc_ForeignCurrencyTranslationAndCashFlowHedgeNetOfInvestmentHedgeAssociatedWithTheDisposalOfAssets" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_A136MWBrazilWindPortfolioMember_3aee7bea-2411-4f75-bbcb-14814793c59d_terseLabel_en-US" xlink:label="lab_bepc_A136MWBrazilWindPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 136 MW Brazil Wind Portfolio </link:label>
<link:label id="lab_bepc_A136MWBrazilWindPortfolioMember_label_en-US" xlink:label="lab_bepc_A136MWBrazilWindPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 136 MW Brazil Wind Portfolio [Member] </link:label>
<link:label id="lab_bepc_A136MWBrazilWindPortfolioMember_documentation_en-US" xlink:label="lab_bepc_A136MWBrazilWindPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 136 MW Brazil Wind Portfolio </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_A136MWBrazilWindPortfolioMember" xlink:href="bepc-20231231.xsd#bepc_A136MWBrazilWindPortfolioMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_A136MWBrazilWindPortfolioMember" xlink:to="lab_bepc_A136MWBrazilWindPortfolioMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_PropertyPlantAndEquipment_fa3885f5-19a0-4df1-a1f1-7f507531103e_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, plant and equipment, at fair value </link:label>
<link:label id="lab_ifrs-full_PropertyPlantAndEquipment_681ea816-513f-475c-aca4-5b4e6c5dc1fd_totalLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total property, plant and equipment, at fair value </link:label>
<link:label id="lab_ifrs-full_PropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PropertyPlantAndEquipment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipment" xlink:to="lab_ifrs-full_PropertyPlantAndEquipment" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued_8d3af44c-c5cc-4c9e-8529-509615371dae_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share issuance (in shares) </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) in number of ordinary shares issued </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:to="lab_ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ExchangeableSharesMember_d6671dd2-cc5a-4dc2-9bc6-7143e2d98839_terseLabel_en-US" xlink:label="lab_bepc_ExchangeableSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Exchangeable Shares </link:label>
<link:label id="lab_bepc_ExchangeableSharesMember_label_en-US" xlink:label="lab_bepc_ExchangeableSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Exchangeable Shares [Member] </link:label>
<link:label id="lab_bepc_ExchangeableSharesMember_documentation_en-US" xlink:label="lab_bepc_ExchangeableSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Exchangeable Shares </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ExchangeableSharesMember" xlink:href="bepc-20231231.xsd#bepc_ExchangeableSharesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ExchangeableSharesMember" xlink:to="lab_bepc_ExchangeableSharesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsOtherMember_b8ce46ea-6c35-4e79-8314-4a2a8ee57322_terseLabel_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsOtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsOtherMember_label_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsOtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries With Material Non-Controlling Interests Other [Member] </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsOtherMember_documentation_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsOtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-controlling interests other </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SubsidiariesWithMaterialNonControllingInterestsOtherMember" xlink:href="bepc-20231231.xsd#bepc_SubsidiariesWithMaterialNonControllingInterestsOtherMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SubsidiariesWithMaterialNonControllingInterestsOtherMember" xlink:to="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsOtherMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DebtAssociatedWithBrazilianSolarAssetsMaturingIn2047Member_1b78019d-58af-4efd-b06f-fb3fd8f95ecb_terseLabel_en-US" xlink:label="lab_bepc_DebtAssociatedWithBrazilianSolarAssetsMaturingIn2047Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Debt Associated With Brazilian Solar Assets, Maturing In 2047 </link:label>
<link:label id="lab_bepc_DebtAssociatedWithBrazilianSolarAssetsMaturingIn2047Member_label_en-US" xlink:label="lab_bepc_DebtAssociatedWithBrazilianSolarAssetsMaturingIn2047Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Debt Associated With Brazilian Solar Assets, Maturing In 2047 [Member] </link:label>
<link:label id="lab_bepc_DebtAssociatedWithBrazilianSolarAssetsMaturingIn2047Member_documentation_en-US" xlink:label="lab_bepc_DebtAssociatedWithBrazilianSolarAssetsMaturingIn2047Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Debt Associated With Brazilian Solar Assets, Maturing In 2047 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DebtAssociatedWithBrazilianSolarAssetsMaturingIn2047Member" xlink:href="bepc-20231231.xsd#bepc_DebtAssociatedWithBrazilianSolarAssetsMaturingIn2047Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DebtAssociatedWithBrazilianSolarAssetsMaturingIn2047Member" xlink:to="lab_bepc_DebtAssociatedWithBrazilianSolarAssetsMaturingIn2047Member" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_EntitysTotalForSubsidiariesMember_0a14ac2f-4856-48ee-aa48-05a52ce737c7_terseLabel_en-US" xlink:label="lab_ifrs-full_EntitysTotalForSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity's total for subsidiaries [member] </link:label>
<link:label id="lab_ifrs-full_EntitysTotalForSubsidiariesMember_label_en-US" xlink:label="lab_ifrs-full_EntitysTotalForSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity's total for subsidiaries [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EntitysTotalForSubsidiariesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EntitysTotalForSubsidiariesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EntitysTotalForSubsidiariesMember" xlink:to="lab_ifrs-full_EntitysTotalForSubsidiariesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RenewableCreditsMember_460bc02b-353e-48b2-b481-9373dc62b01a_terseLabel_en-US" xlink:label="lab_bepc_RenewableCreditsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Renewable Credits </link:label>
<link:label id="lab_bepc_RenewableCreditsMember_label_en-US" xlink:label="lab_bepc_RenewableCreditsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Renewable Credits [Member] </link:label>
<link:label id="lab_bepc_RenewableCreditsMember_documentation_en-US" xlink:label="lab_bepc_RenewableCreditsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Renewable Credits [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RenewableCreditsMember" xlink:href="bepc-20231231.xsd#bepc_RenewableCreditsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_RenewableCreditsMember" xlink:to="lab_bepc_RenewableCreditsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OnetotenyearsMember_989597c9-9a59-4e1e-9e3b-a6fe0f5a25e1_terseLabel_en-US" xlink:label="lab_bepc_OnetotenyearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 1 - 10 years </link:label>
<link:label id="lab_bepc_OnetotenyearsMember_label_en-US" xlink:label="lab_bepc_OnetotenyearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> One to ten years [member] </link:label>
<link:label id="lab_bepc_OnetotenyearsMember_documentation_en-US" xlink:label="lab_bepc_OnetotenyearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Estimates within 1-10 years </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OnetotenyearsMember" xlink:href="bepc-20231231.xsd#bepc_OnetotenyearsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OnetotenyearsMember" xlink:to="lab_bepc_OnetotenyearsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureDirectOperatingCostsAbstract_label_en-US" xlink:label="lab_bepc_DisclosureDirectOperatingCostsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Direct Operating Costs [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureDirectOperatingCostsAbstract" xlink:href="bepc-20231231.xsd#bepc_DisclosureDirectOperatingCostsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureDirectOperatingCostsAbstract" xlink:to="lab_bepc_DisclosureDirectOperatingCostsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DeferredTaxAssets_9fbaadfc-275d-4c4f-9ce1-b625faa21829_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred income tax assets </link:label>
<link:label id="lab_ifrs-full_DeferredTaxAssets_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeferredTaxAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxAssets" xlink:to="lab_ifrs-full_DeferredTaxAssets" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ClassAExchangeableSubordinateVotingSharesMember_486cd20f-8a82-4353-9355-b871156716df_terseLabel_en-US" xlink:label="lab_bepc_ClassAExchangeableSubordinateVotingSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class A Exchangeable Subordinate Voting Shares </link:label>
<link:label id="lab_bepc_ClassAExchangeableSubordinateVotingSharesMember_label_en-US" xlink:label="lab_bepc_ClassAExchangeableSubordinateVotingSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class A Exchangeable Subordinate Voting Shares [Member] </link:label>
<link:label id="lab_bepc_ClassAExchangeableSubordinateVotingSharesMember_documentation_en-US" xlink:label="lab_bepc_ClassAExchangeableSubordinateVotingSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class A Exchangeable Subordinate Voting Shares </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ClassAExchangeableSubordinateVotingSharesMember" xlink:href="bepc-20231231.xsd#bepc_ClassAExchangeableSubordinateVotingSharesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ClassAExchangeableSubordinateVotingSharesMember" xlink:to="lab_bepc_ClassAExchangeableSubordinateVotingSharesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CurrentPortionOfNonRecourseBorrowings_3820ad93-b1a3-4db9-86ed-5da2073b94ae_verboseLabel_en-US" xlink:label="lab_bepc_CurrentPortionOfNonRecourseBorrowings" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-recourse borrowings </link:label>
<link:label id="lab_bepc_CurrentPortionOfNonRecourseBorrowings_292e3cb5-cea9-4adb-9163-a7693c798465_negatedTerseLabel_en-US" xlink:label="lab_bepc_CurrentPortionOfNonRecourseBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current portion of non-recourse borrowings </link:label>
<link:label id="lab_bepc_CurrentPortionOfNonRecourseBorrowings_b5acb0ed-fdff-4573-8a7c-b4f44005872c_negatedLabel_en-US" xlink:label="lab_bepc_CurrentPortionOfNonRecourseBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Less: Current portion </link:label>
<link:label id="lab_bepc_CurrentPortionOfNonRecourseBorrowings_label_en-US" xlink:label="lab_bepc_CurrentPortionOfNonRecourseBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current Portion Of Non Recourse Borrowings </link:label>
<link:label id="lab_bepc_CurrentPortionOfNonRecourseBorrowings_documentation_en-US" xlink:label="lab_bepc_CurrentPortionOfNonRecourseBorrowings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current Portion Of Non Recourse Borrowings </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CurrentPortionOfNonRecourseBorrowings" xlink:href="bepc-20231231.xsd#bepc_CurrentPortionOfNonRecourseBorrowings"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CurrentPortionOfNonRecourseBorrowings" xlink:to="lab_bepc_CurrentPortionOfNonRecourseBorrowings" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems_5c95d74d-9212-40c3-b190-d9a21ee9a6a6_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of disaggregation of revenue from contracts with customers [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of disaggregation of revenue from contracts with customers [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:to="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_TerraformPowerIncMember_0b4bb7c6-0f78-42a6-ad25-107f0401531d_terseLabel_en-US" xlink:label="lab_bepc_TerraformPowerIncMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> TerraForm Power </link:label>
<link:label id="lab_bepc_TerraformPowerIncMember_label_en-US" xlink:label="lab_bepc_TerraformPowerIncMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> TerraForm Power Inc [Member] </link:label>
<link:label id="lab_bepc_TerraformPowerIncMember_documentation_en-US" xlink:label="lab_bepc_TerraformPowerIncMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> TerraForm Power Inc </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_TerraformPowerIncMember" xlink:href="bepc-20231231.xsd#bepc_TerraformPowerIncMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_TerraformPowerIncMember" xlink:to="lab_bepc_TerraformPowerIncMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory_7670e6a7-98c6-4e3a-8990-e95f5be288ec_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, plant and equipment - Depreciation </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for depreciation expense [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SubscriptionFacilityMember_adca82e8-8b6d-4b5f-9646-bcee341f23de_terseLabel_en-US" xlink:label="lab_bepc_SubscriptionFacilityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subscription facility </link:label>
<link:label id="lab_bepc_SubscriptionFacilityMember_label_en-US" xlink:label="lab_bepc_SubscriptionFacilityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subscription Facility [Member] </link:label>
<link:label id="lab_bepc_SubscriptionFacilityMember_documentation_en-US" xlink:label="lab_bepc_SubscriptionFacilityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subscription Facility </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SubscriptionFacilityMember" xlink:href="bepc-20231231.xsd#bepc_SubscriptionFacilityMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SubscriptionFacilityMember" xlink:to="lab_bepc_SubscriptionFacilityMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment_682bdc96-a73d-4cdc-8159-89085aa8c304_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Transfer from construction work-in-progress </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through transfers from construction in progress, property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems_8790786e-96d1-490a-a9a1-c83b731a5520_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of financial instruments by type of interest rate [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of financial instruments by type of interest rate [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ReturnOfIssuedCapital_38e62985-3837-4934-a581-d988e02bda35_negatedLabel_en-US" xlink:label="lab_bepc_ReturnOfIssuedCapital" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Return of capital </link:label>
<link:label id="lab_bepc_ReturnOfIssuedCapital_label_en-US" xlink:label="lab_bepc_ReturnOfIssuedCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Return Of Issued Capital </link:label>
<link:label id="lab_bepc_ReturnOfIssuedCapital_documentation_en-US" xlink:label="lab_bepc_ReturnOfIssuedCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Return Of Issued Capital </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ReturnOfIssuedCapital" xlink:href="bepc-20231231.xsd#bepc_ReturnOfIssuedCapital"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ReturnOfIssuedCapital" xlink:to="lab_bepc_ReturnOfIssuedCapital" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_A60MWColombiaSolarFacilityMember_00d54a23-abbc-43d4-ad0d-4389a2a8ce23_terseLabel_en-US" xlink:label="lab_bepc_A60MWColombiaSolarFacilityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 60 MW Colombia Solar Facility </link:label>
<link:label id="lab_bepc_A60MWColombiaSolarFacilityMember_label_en-US" xlink:label="lab_bepc_A60MWColombiaSolarFacilityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 60 MW Colombia Solar Facility [Member] </link:label>
<link:label id="lab_bepc_A60MWColombiaSolarFacilityMember_documentation_en-US" xlink:label="lab_bepc_A60MWColombiaSolarFacilityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 60 MW Colombia Solar Facility </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_A60MWColombiaSolarFacilityMember" xlink:href="bepc-20231231.xsd#bepc_A60MWColombiaSolarFacilityMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_A60MWColombiaSolarFacilityMember" xlink:to="lab_bepc_A60MWColombiaSolarFacilityMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_RevaluationSurplusMember_1f2466f7-2ea7-4660-a227-08f2aa0b20a9_terseLabel_en-US" xlink:label="lab_ifrs-full_RevaluationSurplusMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revaluation surplus </link:label>
<link:label id="lab_ifrs-full_RevaluationSurplusMember_label_en-US" xlink:label="lab_ifrs-full_RevaluationSurplusMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revaluation surplus [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevaluationSurplusMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RevaluationSurplusMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevaluationSurplusMember" xlink:to="lab_ifrs-full_RevaluationSurplusMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_StatementOfCashFlowsAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Statement of cash flows [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_StatementOfCashFlowsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:to="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants_c6604854-3fe9-4a22-bdf4-fd2defab7a84_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Government grants </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for government grants [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_HoldingSubsidiaryMember_5936131c-bd20-40cb-bbe7-303af3e8a135_terseLabel_en-US" xlink:label="lab_bepc_HoldingSubsidiaryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Holding Subsidiary </link:label>
<link:label id="lab_bepc_HoldingSubsidiaryMember_label_en-US" xlink:label="lab_bepc_HoldingSubsidiaryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Holding Subsidiary [Member] </link:label>
<link:label id="lab_bepc_HoldingSubsidiaryMember_documentation_en-US" xlink:label="lab_bepc_HoldingSubsidiaryMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Holding Subsidiary </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_HoldingSubsidiaryMember" xlink:href="bepc-20231231.xsd#bepc_HoldingSubsidiaryMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_HoldingSubsidiaryMember" xlink:to="lab_bepc_HoldingSubsidiaryMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ContributionsOfNonControllingInterests_beab686d-6a72-4a83-a640-8d34bdcbc59a_terseLabel_en-US" xlink:label="lab_bepc_ContributionsOfNonControllingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Capital contributions </link:label>
<link:label id="lab_bepc_ContributionsOfNonControllingInterests_b82ae3fe-58b3-480a-aa2d-a78477dc84fa_verboseLabel_en-US" xlink:label="lab_bepc_ContributionsOfNonControllingInterests" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Capital contributions </link:label>
<link:label id="lab_bepc_ContributionsOfNonControllingInterests_label_en-US" xlink:label="lab_bepc_ContributionsOfNonControllingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contributions of non-controlling interests </link:label>
<link:label id="lab_bepc_ContributionsOfNonControllingInterests_documentation_en-US" xlink:label="lab_bepc_ContributionsOfNonControllingInterests" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contributions of non-controlling interests </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ContributionsOfNonControllingInterests" xlink:href="bepc-20231231.xsd#bepc_ContributionsOfNonControllingInterests"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ContributionsOfNonControllingInterests" xlink:to="lab_bepc_ContributionsOfNonControllingInterests" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ComprehensiveIncome_ffffb57b-fcd4-4d24-a363-94c68fd61188_totalLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Comprehensive income </link:label>
<link:label id="lab_ifrs-full_ComprehensiveIncome_a3b405eb-2093-4525-8870-81e526610484_verboseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total comprehensive income (loss) </link:label>
<link:label id="lab_ifrs-full_ComprehensiveIncome_cd253d4d-6a5f-4104-b2ef-7e0916128863_terseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Comprehensive income </link:label>
<link:label id="lab_ifrs-full_ComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Comprehensive income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComprehensiveIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncome" xlink:to="lab_ifrs-full_ComprehensiveIncome" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_TerminalCapitalizationRateMember_c6e073c0-ddc2-464d-906b-04a61aefa830_terseLabel_en-US" xlink:label="lab_bepc_TerminalCapitalizationRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Terminal capitalization rate </link:label>
<link:label id="lab_bepc_TerminalCapitalizationRateMember_label_en-US" xlink:label="lab_bepc_TerminalCapitalizationRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Terminal capitalization rate [member] </link:label>
<link:label id="lab_bepc_TerminalCapitalizationRateMember_documentation_en-US" xlink:label="lab_bepc_TerminalCapitalizationRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Terminal capitalization rate for revaluation of property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_TerminalCapitalizationRateMember" xlink:href="bepc-20231231.xsd#bepc_TerminalCapitalizationRateMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_TerminalCapitalizationRateMember" xlink:to="lab_bepc_TerminalCapitalizationRateMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GainLossOnHedgeIneffectiveness_0d802780-efdd-428e-b2df-d743d623068e_terseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectiveness" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hedge ineffectiveness gain (loss) </link:label>
<link:label id="lab_ifrs-full_GainLossOnHedgeIneffectiveness_label_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectiveness" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gain (loss) on hedge ineffectiveness </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossOnHedgeIneffectiveness" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainLossOnHedgeIneffectiveness"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnHedgeIneffectiveness" xlink:to="lab_ifrs-full_GainLossOnHedgeIneffectiveness" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CashAndCashEquivalents_ec143d6e-1f83-4f61-bc0d-430474e1d471_terseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash and cash equivalents </link:label>
<link:label id="lab_ifrs-full_CashAndCashEquivalents_8371bdf6-81c3-4f15-b26b-570ebe8976cb_periodStartLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Balance, beginning of year </link:label>
<link:label id="lab_ifrs-full_CashAndCashEquivalents_be61978e-fe68-48af-81c6-ef9b5391e093_periodEndLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Balance, end of year </link:label>
<link:label id="lab_ifrs-full_CashAndCashEquivalents_bca105f0-0d00-4ff9-9d1b-0d69f05f0b19_verboseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase in cash and cash equivalents </link:label>
<link:label id="lab_ifrs-full_CashAndCashEquivalents_49720ef2-4e93-43cd-8d8c-75213e6bedc9_totalLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash and cash equivalents </link:label>
<link:label id="lab_ifrs-full_CashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash and cash equivalents </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashAndCashEquivalents"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalents" xlink:to="lab_ifrs-full_CashAndCashEquivalents" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInRevenuesIncludingOperatingCosts_c42f273c-d09e-4851-aa7a-bb37095f2944_terseLabel_en-US" xlink:label="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInRevenuesIncludingOperatingCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (losses) related to derivative contracts reclassified from OCI to revenues </link:label>
<link:label id="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInRevenuesIncludingOperatingCosts_label_en-US" xlink:label="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInRevenuesIncludingOperatingCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reclassification Adjustments For Amounts Recognized In Revenues Including Operating Costs </link:label>
<link:label id="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInRevenuesIncludingOperatingCosts_documentation_en-US" xlink:label="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInRevenuesIncludingOperatingCosts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reclassification Adjustments For Amounts Recognized In Revenues Including Operating Costs </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ReclassificationAdjustmentsForAmountsRecognizedInRevenuesIncludingOperatingCosts" xlink:href="bepc-20231231.xsd#bepc_ReclassificationAdjustmentsForAmountsRecognizedInRevenuesIncludingOperatingCosts"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ReclassificationAdjustmentsForAmountsRecognizedInRevenuesIncludingOperatingCosts" xlink:to="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInRevenuesIncludingOperatingCosts" xlink:type="arc" order="1"/>
<link:label id="lab_dei_DocumentAnnualReport_aab04645-6e55-4a1c-a769-8fe5103b0613_terseLabel_en-US" xlink:label="lab_dei_DocumentAnnualReport" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Annual Report </link:label>
<link:label id="lab_dei_DocumentAnnualReport_label_en-US" xlink:label="lab_dei_DocumentAnnualReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Annual Report </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_DocumentAnnualReport" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAnnualReport"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentAnnualReport" xlink:to="lab_dei_DocumentAnnualReport" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset_70256528-2f40-4e9b-80d8-11f127e98c34_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Business combination </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through business combinations, deferred tax liability (asset) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_315eac1f-398b-4d74-813e-cdcdbf58c269_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trade receivables and other current assets </link:label>
<link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Adjustments for decrease (increase) in trade accounts receivable </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:to="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ShareExchangeLiability_d91b12f1-ea80-44ac-9819-b4a2590462c9_negatedTerseLabel_en-US" xlink:label="lab_bepc_ShareExchangeLiability" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share exchanges </link:label>
<link:label id="lab_bepc_ShareExchangeLiability_label_en-US" xlink:label="lab_bepc_ShareExchangeLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Exchange Liability </link:label>
<link:label id="lab_bepc_ShareExchangeLiability_documentation_en-US" xlink:label="lab_bepc_ShareExchangeLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Exchange Liability </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ShareExchangeLiability" xlink:href="bepc-20231231.xsd#bepc_ShareExchangeLiability"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ShareExchangeLiability" xlink:to="lab_bepc_ShareExchangeLiability" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipmentAtFairValue_b143e091-6e95-4e73-998c-5af82d7db128_negatedLabel_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipmentAtFairValue" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, plant and equipment, at fair value </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipmentAtFairValue_label_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipmentAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through net exchange differences, property, plant and equipment, at fair value </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipmentAtFairValue_documentation_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipmentAtFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through net exchange differences, property, plant and equipment, at fair value </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipmentAtFairValue" xlink:href="bepc-20231231.xsd#bepc_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipmentAtFairValue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipmentAtFairValue" xlink:to="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipmentAtFairValue" xlink:type="arc" order="1"/>
<link:label id="lab_srt_RestatementAxis_0bc68080-a2c4-44ee-af6c-314b3a8d605d_terseLabel_en-US" xlink:label="lab_srt_RestatementAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revision of Prior Period [Axis] </link:label>
<link:label id="lab_srt_RestatementAxis_label_en-US" xlink:label="lab_srt_RestatementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revision of Prior Period [Axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_srt_RestatementAxis" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_RestatementAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RestatementAxis" xlink:to="lab_srt_RestatementAxis" xlink:type="arc" order="1"/>
<link:label id="lab_dei_CoverAbstract_label_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cover [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CoverAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_e2ea3c33-b530-4576-83fb-e060fed3381a_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash and cash equivalents </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for determining components of cash and cash equivalents [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_Assets_2732fdca-6a0b-4174-9154-1d8f2579e2f1_totalLabel_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total Assets </link:label>
<link:label id="lab_ifrs-full_Assets_c68966c8-e36a-4f09-ade8-9f80566bce28_terseLabel_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total assets </link:label>
<link:label id="lab_ifrs-full_Assets_label_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Assets" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Assets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Assets" xlink:to="lab_ifrs-full_Assets" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Series8Member_73bffa9f-c334-46c6-8df8-d0b83bd7e299_terseLabel_en-US" xlink:label="lab_bepc_Series8Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Series 8 </link:label>
<link:label id="lab_bepc_Series8Member_label_en-US" xlink:label="lab_bepc_Series8Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Series 8 [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Series8Member" xlink:href="bepc-20231231.xsd#bepc_Series8Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Series8Member" xlink:to="lab_bepc_Series8Member" xlink:type="arc" order="1"/>
<link:label id="lab_country_US_26fabb9e-71bd-4099-864b-98a1b9a0cf7d_terseLabel_en-US" xlink:label="lab_country_US" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> North America </link:label>
<link:label id="lab_country_US_label_en-US" xlink:label="lab_country_US" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> UNITED STATES </link:label>
<link:loc xlink:type="locator" xlink:label="loc_country_US" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_US"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_US" xlink:to="lab_country_US" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_823c4711-46a8-4979-b914-c66248f5a3c0_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change in fair value </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through transfers and other changes, property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BASISOFPREPARATIONANDSIGNIFICANTACOCUNTINGPOLICIESAbstract_label_en-US" xlink:label="lab_bepc_BASISOFPREPARATIONANDSIGNIFICANTACOCUNTINGPOLICIESAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BASIS OF PREPARATION AND SIGNIFICANT ACOCUNTING POLICIES [Abstract] </link:label>
<link:label id="lab_bepc_BASISOFPREPARATIONANDSIGNIFICANTACOCUNTINGPOLICIESAbstract_documentation_en-US" xlink:label="lab_bepc_BASISOFPREPARATIONANDSIGNIFICANTACOCUNTINGPOLICIESAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BASIS OF PREPARATION AND SIGNIFICANT ACOCUNTING POLICIES [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BASISOFPREPARATIONANDSIGNIFICANTACOCUNTINGPOLICIESAbstract" xlink:href="bepc-20231231.xsd#bepc_BASISOFPREPARATIONANDSIGNIFICANTACOCUNTINGPOLICIESAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BASISOFPREPARATIONANDSIGNIFICANTACOCUNTINGPOLICIESAbstract" xlink:to="lab_bepc_BASISOFPREPARATIONANDSIGNIFICANTACOCUNTINGPOLICIESAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_currency_BRL_8e10a3b6-91bb-470c-bd3b-b8679e2655ae_terseLabel_en-US" xlink:label="lab_currency_BRL" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brazilian real </link:label>
<link:label id="lab_currency_BRL_label_en-US" xlink:label="lab_currency_BRL" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brazil, Brazil Real </link:label>
<link:loc xlink:type="locator" xlink:label="loc_currency_BRL" xlink:href="https://xbrl.sec.gov/currency/2023/currency-2023.xsd#currency_BRL"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_BRL" xlink:to="lab_currency_BRL" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsFairValueChangesInDecommissioningAssets_dbd5ddb7-e4b1-4777-b946-e0fe00dc95ec_terseLabel_en-US" xlink:label="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsFairValueChangesInDecommissioningAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Fair value changes in decommissioning assets </link:label>
<link:label id="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsFairValueChangesInDecommissioningAssets_label_en-US" xlink:label="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsFairValueChangesInDecommissioningAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Additions other than through business combinations, fair value changes in decommissioning assets </link:label>
<link:label id="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsFairValueChangesInDecommissioningAssets_documentation_en-US" xlink:label="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsFairValueChangesInDecommissioningAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Additions other than through business combinations, fair value changes in decommissioning assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AdditionsOtherThanThroughBusinessCombinationsFairValueChangesInDecommissioningAssets" xlink:href="bepc-20231231.xsd#bepc_AdditionsOtherThanThroughBusinessCombinationsFairValueChangesInDecommissioningAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AdditionsOtherThanThroughBusinessCombinationsFairValueChangesInDecommissioningAssets" xlink:to="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsFairValueChangesInDecommissioningAssets" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfChangesInPropertyPlantAndEquipmentTableTextBlock_7d6c599c-1760-4129-b274-1be9ae2ca8a4_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfChangesInPropertyPlantAndEquipmentTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary in impact of a change in discount rates, electricity prices and terminal capitalization rates on the fair value of property, plant and equipment </link:label>
<link:label id="lab_bepc_DisclosureOfChangesInPropertyPlantAndEquipmentTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfChangesInPropertyPlantAndEquipmentTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Changes In Property Plant And Equipment [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfChangesInPropertyPlantAndEquipmentTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfChangesInPropertyPlantAndEquipmentTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of changes to inputs on property plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfChangesInPropertyPlantAndEquipmentTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfChangesInPropertyPlantAndEquipmentTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfChangesInPropertyPlantAndEquipmentTableTextBlock" xlink:to="lab_bepc_DisclosureOfChangesInPropertyPlantAndEquipmentTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NotionalAmount_57bf206f-0ec3-47ff-99e1-722597416ec6_terseLabel_en-US" xlink:label="lab_ifrs-full_NotionalAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Carrying value </link:label>
<link:label id="lab_ifrs-full_NotionalAmount_label_en-US" xlink:label="lab_ifrs-full_NotionalAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Notional amount </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotionalAmount" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NotionalAmount"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotionalAmount" xlink:to="lab_ifrs-full_NotionalAmount" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_7d0eb70a-4948-4bda-99b8-f3595c343305_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Consideration transferred, acquisition-date fair value </link:label>
<link:label id="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_label_en-US" xlink:label="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Consideration transferred, acquisition-date fair value </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_3e1bc57c-c068-4191-a277-c0aa222aa3cb_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financing activities </link:label>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows from (used in) financing activities [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_88ed85a5-a8c4-4622-a383-69ddd0939612_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revaluations of property, plant and equipment </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income, net of tax, gains (losses) on revaluation of property, plant and equipment, right-of-use assets and intangible assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BorrowingsTerm_13974adf-f76d-4365-b0de-3e9a8aa83a59_terseLabel_en-US" xlink:label="lab_bepc_BorrowingsTerm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Term (years) </link:label>
<link:label id="lab_bepc_BorrowingsTerm_label_en-US" xlink:label="lab_bepc_BorrowingsTerm" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings Term </link:label>
<link:label id="lab_bepc_BorrowingsTerm_documentation_en-US" xlink:label="lab_bepc_BorrowingsTerm" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings Term </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BorrowingsTerm" xlink:href="bepc-20231231.xsd#bepc_BorrowingsTerm"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BorrowingsTerm" xlink:to="lab_bepc_BorrowingsTerm" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfOtherOperatingIncomeTableExplanatoryTableTextBlock_4a620050-feee-4ed9-9237-6a0f7552f91c_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfOtherOperatingIncomeTableExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of Brookfield Renewables other income </link:label>
<link:label id="lab_bepc_DisclosureOfOtherOperatingIncomeTableExplanatoryTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfOtherOperatingIncomeTableExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Other Operating Income Table Explanatory [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfOtherOperatingIncomeTableExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfOtherOperatingIncomeTableExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Other Operating Income Table Lead Explanatory </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfOtherOperatingIncomeTableExplanatoryTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfOtherOperatingIncomeTableExplanatoryTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfOtherOperatingIncomeTableExplanatoryTableTextBlock" xlink:to="lab_bepc_DisclosureOfOtherOperatingIncomeTableExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DepreciationPropertyPlantAndEquipment_6bd0ffdf-3ae7-4687-af76-b8516da3947b_negatedLabel_en-US" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Depreciation </link:label>
<link:label id="lab_ifrs-full_DepreciationPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Depreciation, property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncurrentDerivativeFinancialAssets_b8b9f235-d9f9-4d12-b808-f0fc88d38301_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial instrument assets </link:label>
<link:label id="lab_ifrs-full_NoncurrentDerivativeFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current derivative financial assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncurrentDerivativeFinancialAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:to="lab_ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsLiabilities_3ae46265-ffb6-4f1b-98a6-7d5de11d4290_terseLabel_en-US" xlink:label="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal Group, Including Discontinued Operations, Liabilities </link:label>
<link:label id="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsLiabilities_label_en-US" xlink:label="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal Group, Including Discontinued Operations, Liabilities </link:label>
<link:label id="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsLiabilities_documentation_en-US" xlink:label="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal Group, Including Discontinued Operations, Liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisposalGroupIncludingDiscontinuedOperationsLiabilities" xlink:href="bepc-20231231.xsd#bepc_DisposalGroupIncludingDiscontinuedOperationsLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisposalGroupIncludingDiscontinuedOperationsLiabilities" xlink:to="lab_bepc_DisposalGroupIncludingDiscontinuedOperationsLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_8dc1a239-1d97-431b-90b8-6695dc5082cb_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 2026 </link:label>
<link:label id="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Later than two years and not later than three years [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityCurrentReportingStatus_e062864e-7626-4b07-9355-e16a8a97596f_terseLabel_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Current Reporting Status </link:label>
<link:label id="lab_dei_EntityCurrentReportingStatus_label_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Current Reporting Status </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityCurrentReportingStatus" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCurrentReportingStatus"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCurrentReportingStatus" xlink:to="lab_dei_EntityCurrentReportingStatus" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_GainsLossesFromRelatedPartyTransactions_2974b8d4-1ef5-4532-b47b-403c4f6a06d5_terseLabel_en-US" xlink:label="lab_bepc_GainsLossesFromRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains associated with agency arrangement </link:label>
<link:label id="lab_bepc_GainsLossesFromRelatedPartyTransactions_label_en-US" xlink:label="lab_bepc_GainsLossesFromRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (Losses) From Related Party Transactions </link:label>
<link:label id="lab_bepc_GainsLossesFromRelatedPartyTransactions_documentation_en-US" xlink:label="lab_bepc_GainsLossesFromRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (Losses) From Related Party Transactions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_GainsLossesFromRelatedPartyTransactions" xlink:href="bepc-20231231.xsd#bepc_GainsLossesFromRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_GainsLossesFromRelatedPartyTransactions" xlink:to="lab_bepc_GainsLossesFromRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_FundsFromOperations_54bc823d-90c8-4e25-8097-c4538a0e80c0_totalLabel_en-US" xlink:label="lab_bepc_FundsFromOperations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Funds From Operations </link:label>
<link:label id="lab_bepc_FundsFromOperations_label_en-US" xlink:label="lab_bepc_FundsFromOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Funds From Operations </link:label>
<link:label id="lab_bepc_FundsFromOperations_documentation_en-US" xlink:label="lab_bepc_FundsFromOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Funds From Operations </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_FundsFromOperations" xlink:href="bepc-20231231.xsd#bepc_FundsFromOperations"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_FundsFromOperations" xlink:to="lab_bepc_FundsFromOperations" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncreaseDecreaseInLiabilitiesAsAResultOfTransferOfOwnershipInterest_149c23a3-75de-4921-8a70-6be5666d8490_terseLabel_en-US" xlink:label="lab_bepc_IncreaseDecreaseInLiabilitiesAsAResultOfTransferOfOwnershipInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) in liabilities </link:label>
<link:label id="lab_bepc_IncreaseDecreaseInLiabilitiesAsAResultOfTransferOfOwnershipInterest_label_en-US" xlink:label="lab_bepc_IncreaseDecreaseInLiabilitiesAsAResultOfTransferOfOwnershipInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) In Liabilities As A Result Of Transfer Of Ownership Interest </link:label>
<link:label id="lab_bepc_IncreaseDecreaseInLiabilitiesAsAResultOfTransferOfOwnershipInterest_documentation_en-US" xlink:label="lab_bepc_IncreaseDecreaseInLiabilitiesAsAResultOfTransferOfOwnershipInterest" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) In Liabilities As A Result Of Transfer Of Ownership Interest </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncreaseDecreaseInLiabilitiesAsAResultOfTransferOfOwnershipInterest" xlink:href="bepc-20231231.xsd#bepc_IncreaseDecreaseInLiabilitiesAsAResultOfTransferOfOwnershipInterest"/>
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<link:label id="lab_bepc_ReclassificationAdjustmentsFromAccumulatedOtherComprehensiveIncomeRecognizedInNetIncomeLoss_505b3ed6-8536-4681-a945-8bca62e3d2b3_terseLabel_en-US" xlink:label="lab_bepc_ReclassificationAdjustmentsFromAccumulatedOtherComprehensiveIncomeRecognizedInNetIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gain (loss) recorded in AOCI expected to be reclassed in the next twelve months in net income </link:label>
<link:label id="lab_bepc_ReclassificationAdjustmentsFromAccumulatedOtherComprehensiveIncomeRecognizedInNetIncomeLoss_label_en-US" xlink:label="lab_bepc_ReclassificationAdjustmentsFromAccumulatedOtherComprehensiveIncomeRecognizedInNetIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reclassification Adjustments From Accumulated other Comprehensive Income Recognized In Net Income (Loss) </link:label>
<link:label id="lab_bepc_ReclassificationAdjustmentsFromAccumulatedOtherComprehensiveIncomeRecognizedInNetIncomeLoss_documentation_en-US" xlink:label="lab_bepc_ReclassificationAdjustmentsFromAccumulatedOtherComprehensiveIncomeRecognizedInNetIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reclassification Adjustments From Accumulated other Comprehensive Income Recognized In Net Income (Loss) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ReclassificationAdjustmentsFromAccumulatedOtherComprehensiveIncomeRecognizedInNetIncomeLoss" xlink:href="bepc-20231231.xsd#bepc_ReclassificationAdjustmentsFromAccumulatedOtherComprehensiveIncomeRecognizedInNetIncomeLoss"/>
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<link:label id="lab_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_fe588ead-8c2e-476c-8ce5-c629d367ddd1_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, plant and equipment </link:label>
<link:label id="lab_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, plant and equipment recognised as of acquisition date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherCurrentLiabilities_456184f6-f921-4e82-9ffa-baad2189755d_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_ifrs-full_OtherCurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other current liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherCurrentLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentLiabilities" xlink:to="lab_ifrs-full_OtherCurrentLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleGoodwill_5313b023-ffc8-4e66-8e8d-af1f9acdadd8_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposals </link:label>
<link:label id="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleGoodwill_label_en-US" xlink:label="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Decrease through classified as held for sale, goodwill </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DecreaseThroughClassifiedAsHeldForSaleGoodwill"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleGoodwill" xlink:to="lab_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleGoodwill" xlink:type="arc" order="1"/>
<link:label id="lab_srt_ConsolidatedEntitiesDomain_851cb790-d1c7-49a4-adb3-4f0feb3c0f5a_terseLabel_en-US" xlink:label="lab_srt_ConsolidatedEntitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Consolidated Entities [Domain] </link:label>
<link:label id="lab_srt_ConsolidatedEntitiesDomain_label_en-US" xlink:label="lab_srt_ConsolidatedEntitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Consolidated Entities [Domain] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_ConsolidatedEntitiesDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ConsolidatedEntitiesDomain" xlink:to="lab_srt_ConsolidatedEntitiesDomain" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsTheCataylstGroupMember_da78ba75-ac8d-4970-8d34-f2b6324f7312_terseLabel_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsTheCataylstGroupMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The Catalyst Group </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsTheCataylstGroupMember_label_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsTheCataylstGroupMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries With Material Noncontrolling Interests The Cataylst Group [Member] </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsTheCataylstGroupMember_documentation_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsTheCataylstGroupMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The Cataylst Group </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsTheCataylstGroupMember" xlink:href="bepc-20231231.xsd#bepc_SubsidiariesWithMaterialNoncontrollingInterestsTheCataylstGroupMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsTheCataylstGroupMember" xlink:to="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsTheCataylstGroupMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CreditFacilitiesTable_0b7d2e9b-a430-4b88-b9db-555a5f0f8211_terseLabel_en-US" xlink:label="lab_bepc_CreditFacilitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Credit facilities [Table] </link:label>
<link:label id="lab_bepc_CreditFacilitiesTable_label_en-US" xlink:label="lab_bepc_CreditFacilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Credit facilities [Table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CreditFacilitiesTable" xlink:href="bepc-20231231.xsd#bepc_CreditFacilitiesTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CreditFacilitiesTable" xlink:to="lab_bepc_CreditFacilitiesTable" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities_f77d1534-a47e-4e8e-b528-7a79376e9b04_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial instrument liabilities </link:label>
<link:label id="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current derivative financial liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncurrentDerivativeFinancialLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:to="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_HedgedItemLiabilities_d109486e-1421-4d76-8df6-6356e9180db0_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgedItemLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hedged item, liabilities </link:label>
<link:label id="lab_ifrs-full_HedgedItemLiabilities_label_en-US" xlink:label="lab_ifrs-full_HedgedItemLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hedged item, liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgedItemLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_HedgedItemLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgedItemLiabilities" xlink:to="lab_ifrs-full_HedgedItemLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_398074cd-8fee-40ad-99bb-e4ba64832f8d_terseLabel_en-US" xlink:label="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Short-term deposit </link:label>
<link:label id="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Short-term deposits, classified as cash equivalents </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:to="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxAvailableforsaleFinancialAssets_0923e44a-d32e-408e-900f-208b2c1ed27e_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxAvailableforsaleFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unrealized gain (loss) on investments in equity securities </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxAvailableforsaleFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxAvailableforsaleFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income, net of tax, available-for-sale financial assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxAvailableforsaleFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxAvailableforsaleFinancialAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxAvailableforsaleFinancialAssets" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxAvailableforsaleFinancialAssets" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory_1720cd1f-977c-4e6a-9121-7ec3cd47737b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of financial instruments </link:label>
<link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of risk management strategy related to hedge accounting [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentLiabilitiesAbstract_77f67a62-840d-478a-a426-b046ba863ad4_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current liabilities </link:label>
<link:label id="lab_ifrs-full_CurrentLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current liabilities [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentLiabilitiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilitiesAbstract" xlink:to="lab_ifrs-full_CurrentLiabilitiesAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_srt_ConsolidatedEntitiesAxis_8e486294-1c78-41d8-9a9f-ef559028ac61_terseLabel_en-US" xlink:label="lab_srt_ConsolidatedEntitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Consolidated Entities [Axis] </link:label>
<link:label id="lab_srt_ConsolidatedEntitiesAxis_label_en-US" xlink:label="lab_srt_ConsolidatedEntitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Consolidated Entities [Axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_ConsolidatedEntitiesAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ConsolidatedEntitiesAxis" xlink:to="lab_srt_ConsolidatedEntitiesAxis" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityVoluntaryFilers_4d2ae0b0-e408-4b1c-9669-c7fb41c00992_terseLabel_en-US" xlink:label="lab_dei_EntityVoluntaryFilers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Voluntary Filers </link:label>
<link:label id="lab_dei_EntityVoluntaryFilers_label_en-US" xlink:label="lab_dei_EntityVoluntaryFilers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Voluntary Filers </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityVoluntaryFilers" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityVoluntaryFilers"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityVoluntaryFilers" xlink:to="lab_dei_EntityVoluntaryFilers" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ElectricityPrices_683c900d-ebf3-4d53-827b-9c1393adf45f_verboseLabel_en-US" xlink:label="lab_bepc_ElectricityPrices" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Power prices from long-term power purchase agreements </link:label>
<link:label id="lab_bepc_ElectricityPrices_6ba43c52-a4cf-4759-ad99-960ab93c1eaf_terseLabel_en-US" xlink:label="lab_bepc_ElectricityPrices" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Electricity prices </link:label>
<link:label id="lab_bepc_ElectricityPrices_label_en-US" xlink:label="lab_bepc_ElectricityPrices" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Electricity Prices </link:label>
<link:label id="lab_bepc_ElectricityPrices_documentation_en-US" xlink:label="lab_bepc_ElectricityPrices" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Eletricity prices for revaluation of property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ElectricityPrices" xlink:href="bepc-20231231.xsd#bepc_ElectricityPrices"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ElectricityPrices" xlink:to="lab_bepc_ElectricityPrices" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesDeferredConsideration_96acb6f0-94fc-4a44-8f5a-26dd49c8d56d_terseLabel_en-US" xlink:label="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesDeferredConsideration" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred consideration </link:label>
<link:label id="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesDeferredConsideration_label_en-US" xlink:label="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesDeferredConsideration" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Cash Payments To Acquire Interests In Joint Ventures, Deferred Consideration </link:label>
<link:label id="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesDeferredConsideration_documentation_en-US" xlink:label="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesDeferredConsideration" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Cash Payments To Acquire Interests In Joint Ventures, Deferred Consideration </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesDeferredConsideration" xlink:href="bepc-20231231.xsd#bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesDeferredConsideration"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesDeferredConsideration" xlink:to="lab_bepc_OtherCashPaymentsToAcquireInterestsInJointVenturesDeferredConsideration" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ContractualUndiscountedCashFlowsAxis_4d8be190-da19-47c5-8980-9e2bb3038584_terseLabel_en-US" xlink:label="lab_bepc_ContractualUndiscountedCashFlowsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contractual Undiscounted Cash Flows [Axis] </link:label>
<link:label id="lab_bepc_ContractualUndiscountedCashFlowsAxis_label_en-US" xlink:label="lab_bepc_ContractualUndiscountedCashFlowsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contractual Undiscounted Cash Flows [Axis] </link:label>
<link:label id="lab_bepc_ContractualUndiscountedCashFlowsAxis_documentation_en-US" xlink:label="lab_bepc_ContractualUndiscountedCashFlowsAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contractual Undiscounted Cash Flows [Axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ContractualUndiscountedCashFlowsAxis" xlink:href="bepc-20231231.xsd#bepc_ContractualUndiscountedCashFlowsAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ContractualUndiscountedCashFlowsAxis" xlink:to="lab_bepc_ContractualUndiscountedCashFlowsAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_MiscellaneousNoncurrentAssetsOther_84a537a3-8db7-4185-8175-2453c8e478a5_terseLabel_en-US" xlink:label="lab_bepc_MiscellaneousNoncurrentAssetsOther" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bepc_MiscellaneousNoncurrentAssetsOther_label_en-US" xlink:label="lab_bepc_MiscellaneousNoncurrentAssetsOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Miscellaneous Noncurrent Assets Other </link:label>
<link:label id="lab_bepc_MiscellaneousNoncurrentAssetsOther_documentation_en-US" xlink:label="lab_bepc_MiscellaneousNoncurrentAssetsOther" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Miscellaneous Noncurrent Assets Other </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_MiscellaneousNoncurrentAssetsOther" xlink:href="bepc-20231231.xsd#bepc_MiscellaneousNoncurrentAssetsOther"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_MiscellaneousNoncurrentAssetsOther" xlink:to="lab_bepc_MiscellaneousNoncurrentAssetsOther" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AcquisitionsThroughBusinessCombinationsInvestmentsAccountedForUsingEquityMethod_6a8ac24f-6920-4a8e-b027-7fd5ccb30906_terseLabel_en-US" xlink:label="lab_bepc_AcquisitionsThroughBusinessCombinationsInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisitions through business combinations </link:label>
<link:label id="lab_bepc_AcquisitionsThroughBusinessCombinationsInvestmentsAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_bepc_AcquisitionsThroughBusinessCombinationsInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisitions Through Business Combinations Investments Accounted For Using Equity Method </link:label>
<link:label id="lab_bepc_AcquisitionsThroughBusinessCombinationsInvestmentsAccountedForUsingEquityMethod_documentation_en-US" xlink:label="lab_bepc_AcquisitionsThroughBusinessCombinationsInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisitions Through Business Combinations Investments Accounted For Using Equity Method </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AcquisitionsThroughBusinessCombinationsInvestmentsAccountedForUsingEquityMethod" xlink:href="bepc-20231231.xsd#bepc_AcquisitionsThroughBusinessCombinationsInvestmentsAccountedForUsingEquityMethod"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AcquisitionsThroughBusinessCombinationsInvestmentsAccountedForUsingEquityMethod" xlink:to="lab_bepc_AcquisitionsThroughBusinessCombinationsInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedLineItems_ae5350cc-1e22-44e0-ba20-bd2b1e12f7bc_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of deductible temporary differences for which no deferred tax asset is recognised [line items] </link:label>
<link:label id="lab_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedLineItems_label_en-US" xlink:label="lab_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of deductible temporary differences for which no deferred tax asset is recognised [line items] </link:label>
<link:label id="lab_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedLineItems_documentation_en-US" xlink:label="lab_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of deductible temporary differences for which no deferred tax asset is recognised </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedLineItems" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedLineItems" xlink:to="lab_bepc_DisclosureOfDeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognisedLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisposalGroupPortionOfOwnershipInterestInJointVentureSoldPercentage_64b38685-56d2-4332-b26f-ee32e5a068e6_terseLabel_en-US" xlink:label="lab_bepc_DisposalGroupPortionOfOwnershipInterestInJointVentureSoldPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Portion of ownership interest </link:label>
<link:label id="lab_bepc_DisposalGroupPortionOfOwnershipInterestInJointVentureSoldPercentage_label_en-US" xlink:label="lab_bepc_DisposalGroupPortionOfOwnershipInterestInJointVentureSoldPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal Group, Portion Of Ownership Interest In Joint Venture Sold, Percentage </link:label>
<link:label id="lab_bepc_DisposalGroupPortionOfOwnershipInterestInJointVentureSoldPercentage_documentation_en-US" xlink:label="lab_bepc_DisposalGroupPortionOfOwnershipInterestInJointVentureSoldPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal Group, Portion Of Ownership Interest In Joint Venture Sold, Percentage </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisposalGroupPortionOfOwnershipInterestInJointVentureSoldPercentage" xlink:href="bepc-20231231.xsd#bepc_DisposalGroupPortionOfOwnershipInterestInJointVentureSoldPercentage"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisposalGroupPortionOfOwnershipInterestInJointVentureSoldPercentage" xlink:to="lab_bepc_DisposalGroupPortionOfOwnershipInterestInJointVentureSoldPercentage" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProceedsFromIssuingOtherEquityInstruments_38cad51b-e9c8-4fd5-bd16-3f45e3d49f82_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromIssuingOtherEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Exchangeable share issuance </link:label>
<link:label id="lab_ifrs-full_ProceedsFromIssuingOtherEquityInstruments_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromIssuingOtherEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proceeds from issuing other equity instruments </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromIssuingOtherEquityInstruments" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProceedsFromIssuingOtherEquityInstruments"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromIssuingOtherEquityInstruments" xlink:to="lab_ifrs-full_ProceedsFromIssuingOtherEquityInstruments" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_TaxEffectFromChangeInTaxRate_d4c652ba-e51c-4767-becd-4a0cb1cd6e8c_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_TaxEffectFromChangeInTaxRate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Differences between statutory rate and future tax rate and tax rate changes </link:label>
<link:label id="lab_ifrs-full_TaxEffectFromChangeInTaxRate_label_en-US" xlink:label="lab_ifrs-full_TaxEffectFromChangeInTaxRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Tax effect from change in tax rate </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TaxEffectFromChangeInTaxRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TaxEffectFromChangeInTaxRate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TaxEffectFromChangeInTaxRate" xlink:to="lab_ifrs-full_TaxEffectFromChangeInTaxRate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InterestRateSwapContractMember_b23cf968-7b4a-4e14-8621-6d6fa67e8c87_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestRateSwapContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest rate swaps </link:label>
<link:label id="lab_ifrs-full_InterestRateSwapContractMember_label_en-US" xlink:label="lab_ifrs-full_InterestRateSwapContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest rate swap contract [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestRateSwapContractMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestRateSwapContractMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRateSwapContractMember" xlink:to="lab_ifrs-full_InterestRateSwapContractMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ClassesOfShareCapitalMember_1afd895a-3a44-431f-aa46-9d67fec39575_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share capital </link:label>
<link:label id="lab_ifrs-full_ClassesOfShareCapitalMember_label_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share capital [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfShareCapitalMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfShareCapitalMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalMember" xlink:to="lab_ifrs-full_ClassesOfShareCapitalMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ChangesInOtherProvisions_1123cd1c-1477-434f-a1e0-14c23f83853b_terseLabel_en-US" xlink:label="lab_ifrs-full_ChangesInOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Provisions </link:label>
<link:label id="lab_ifrs-full_ChangesInOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_ChangesInOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) in other provisions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ChangesInOtherProvisions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInOtherProvisions" xlink:to="lab_ifrs-full_ChangesInOtherProvisions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory_43c32887-9393-455b-94a3-8a643c7b8e98_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary depreciation on power generating assets </link:label>
<link:label id="lab_ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of depreciation and amortisation expense [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_USRenewablePortfolioMember_683c89f5-a34b-49de-aaa5-d32164d58ce8_terseLabel_en-US" xlink:label="lab_bepc_USRenewablePortfolioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> U.S. Renewable Portfolio </link:label>
<link:label id="lab_bepc_USRenewablePortfolioMember_label_en-US" xlink:label="lab_bepc_USRenewablePortfolioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> U.S. Renewable Portfolio [Member] </link:label>
<link:label id="lab_bepc_USRenewablePortfolioMember_documentation_en-US" xlink:label="lab_bepc_USRenewablePortfolioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> U.S. Renewable Portfolio </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_USRenewablePortfolioMember" xlink:href="bepc-20231231.xsd#bepc_USRenewablePortfolioMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_USRenewablePortfolioMember" xlink:to="lab_bepc_USRenewablePortfolioMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OperatingExpense_3aa31bd9-c0ec-4cb4-9bb2-ce3c0447e354_negatedLabel_en-US" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Direct operating costs </link:label>
<link:label id="lab_ifrs-full_OperatingExpense_c4c1c242-1c0c-46c4-a998-276fbcaa4044_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Direct operating costs </link:label>
<link:label id="lab_ifrs-full_OperatingExpense_bc0ef7b4-a777-48ce-9275-7d7d921a6727_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Direct operating costs, net </link:label>
<link:label id="lab_ifrs-full_OperatingExpense_label_en-US" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Operating expense </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OperatingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OperatingExpense"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OperatingExpense" xlink:to="lab_ifrs-full_OperatingExpense" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSaleConstructionInProgress_1948339c-90e1-4666-8241-3cc4a1a520ce_terseLabel_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSaleConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Transfer to assets held for sale </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSaleConstructionInProgress_label_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSaleConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) Through Transfers From Assets Held For Sale, Construction In Progress </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSaleConstructionInProgress_documentation_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSaleConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) Through Transfers From Assets Held For Sale, Construction In Progress </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSaleConstructionInProgress" xlink:href="bepc-20231231.xsd#bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSaleConstructionInProgress"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSaleConstructionInProgress" xlink:to="lab_bepc_IncreaseDecreaseThroughTransfersFromAssetsHeldForSaleConstructionInProgress" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfOtherNonCurrentLiabilitiesTableTableTextBlock_7ea16d7d-422a-465c-b8c6-ceff87d77362_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfOtherNonCurrentLiabilitiesTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of other long-term liabilities </link:label>
<link:label id="lab_bepc_DisclosureOfOtherNonCurrentLiabilitiesTableTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfOtherNonCurrentLiabilitiesTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Other Non-Current Liabilities Table [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfOtherNonCurrentLiabilitiesTableTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfOtherNonCurrentLiabilitiesTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of other non-current liabilities table lead in </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfOtherNonCurrentLiabilitiesTableTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfOtherNonCurrentLiabilitiesTableTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfOtherNonCurrentLiabilitiesTableTableTextBlock" xlink:to="lab_bepc_DisclosureOfOtherNonCurrentLiabilitiesTableTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OtherBorrowingsNonCash_dba73612-739c-4e6f-b2e6-d30c52357261_terseLabel_en-US" xlink:label="lab_bepc_OtherBorrowingsNonCash" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bepc_OtherBorrowingsNonCash_label_en-US" xlink:label="lab_bepc_OtherBorrowingsNonCash" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Borrowings, Non-Cash </link:label>
<link:label id="lab_bepc_OtherBorrowingsNonCash_documentation_en-US" xlink:label="lab_bepc_OtherBorrowingsNonCash" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Borrowings, Non-Cash </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OtherBorrowingsNonCash" xlink:href="bepc-20231231.xsd#bepc_OtherBorrowingsNonCash"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OtherBorrowingsNonCash" xlink:to="lab_bepc_OtherBorrowingsNonCash" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_FinancialLiabilitiesTypeMember_36132170-ce10-423d-97cd-fe9bb4aa1caf_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesTypeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial liabilities, type </link:label>
<link:label id="lab_ifrs-full_FinancialLiabilitiesTypeMember_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesTypeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial liabilities, type [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesTypeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialLiabilitiesTypeMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesTypeMember" xlink:to="lab_ifrs-full_FinancialLiabilitiesTypeMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NumberOfSharesOutstanding_a671149b-a5d8-4607-9792-f5276e0fa2ec_verboseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Shares outstanding (in shares) </link:label>
<link:label id="lab_ifrs-full_NumberOfSharesOutstanding_f5b176dd-7fa0-4093-a246-f77e072741e4_periodStartLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Beginning balance (in shares) </link:label>
<link:label id="lab_ifrs-full_NumberOfSharesOutstanding_2d25d67d-911f-4953-a35c-e4292f520e17_periodEndLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ending balance (in shares) </link:label>
<link:label id="lab_ifrs-full_NumberOfSharesOutstanding_label_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Number of shares outstanding </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfSharesOutstanding" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NumberOfSharesOutstanding"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesOutstanding" xlink:to="lab_ifrs-full_NumberOfSharesOutstanding" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_e562251c-28e0-4dfc-8b8a-83e2448ff848_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total income tax expense </link:label>
<link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_a1b4d7a2-1405-4381-bdb5-8d7aecb14393_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total income tax expense </link:label>
<link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Tax expense (income) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherPropertyPlantAndEquipment_31ee82e7-0d3d-44c7-9d9b-895dc9f20740_periodStartLabel_en-US" xlink:label="lab_ifrs-full_OtherPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Beginning balance </link:label>
<link:label id="lab_ifrs-full_OtherPropertyPlantAndEquipment_357cdcdb-fb5c-42b3-97af-c6ad53df5257_periodEndLabel_en-US" xlink:label="lab_ifrs-full_OtherPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ending balance </link:label>
<link:label id="lab_ifrs-full_OtherPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_OtherPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherPropertyPlantAndEquipment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_OtherPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_MiscellaneousOtherOperatingExpense_579f8e4b-cf67-4b31-9b83-f5aa7f847951_negatedLabel_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_ifrs-full_MiscellaneousOtherOperatingExpense_label_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Miscellaneous other operating expense </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MiscellaneousOtherOperatingExpense"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:to="lab_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OtherProvisionsContingentLiabilitiesAndContingentAssetsAbstract_label_en-US" xlink:label="lab_bepc_OtherProvisionsContingentLiabilitiesAndContingentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Provisions, Contingent Liabilities And Contingent Assets [Abstract] </link:label>
<link:label id="lab_bepc_OtherProvisionsContingentLiabilitiesAndContingentAssetsAbstract_documentation_en-US" xlink:label="lab_bepc_OtherProvisionsContingentLiabilitiesAndContingentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Provisions, Contingent Liabilities And Contingent Assets [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OtherProvisionsContingentLiabilitiesAndContingentAssetsAbstract" xlink:href="bepc-20231231.xsd#bepc_OtherProvisionsContingentLiabilitiesAndContingentAssetsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OtherProvisionsContingentLiabilitiesAndContingentAssetsAbstract" xlink:to="lab_bepc_OtherProvisionsContingentLiabilitiesAndContingentAssetsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfJointVenturesAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfJointVenturesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of joint ventures [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfJointVenturesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfJointVenturesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfJointVenturesAbstract" xlink:to="lab_ifrs-full_DisclosureOfJointVenturesAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DistributedEnergySustainableSolutionsMember_e742741f-f51d-49ac-87e9-de2028322ac8_terseLabel_en-US" xlink:label="lab_bepc_DistributedEnergySustainableSolutionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Distributed energy & sustainable solutions </link:label>
<link:label id="lab_bepc_DistributedEnergySustainableSolutionsMember_label_en-US" xlink:label="lab_bepc_DistributedEnergySustainableSolutionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Distributed Energy & Sustainable Solutions [Member] </link:label>
<link:label id="lab_bepc_DistributedEnergySustainableSolutionsMember_documentation_en-US" xlink:label="lab_bepc_DistributedEnergySustainableSolutionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Distributed Energy & Sustainable Solutions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DistributedEnergySustainableSolutionsMember" xlink:href="bepc-20231231.xsd#bepc_DistributedEnergySustainableSolutionsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DistributedEnergySustainableSolutionsMember" xlink:to="lab_bepc_DistributedEnergySustainableSolutionsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_7c09f4cb-44b8-4ad4-84a8-e699621fcfa5_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interests held by third parties </link:label>
<link:label id="lab_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proportion of ownership interests held by non-controlling interests </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:type="arc" order="1"/>
<link:label id="lab_srt_StatementGeographicalAxis_be787286-0f1b-4c87-81c0-eab1801ceacf_terseLabel_en-US" xlink:label="lab_srt_StatementGeographicalAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Geographical [Axis] </link:label>
<link:label id="lab_srt_StatementGeographicalAxis_label_en-US" xlink:label="lab_srt_StatementGeographicalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Geographical [Axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_srt_StatementGeographicalAxis" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_StatementGeographicalAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_StatementGeographicalAxis" xlink:to="lab_srt_StatementGeographicalAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Otherincomeabstract_label_en-US" xlink:label="lab_bepc_Otherincomeabstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other income [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Otherincomeabstract" xlink:href="bepc-20231231.xsd#bepc_Otherincomeabstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Otherincomeabstract" xlink:to="lab_bepc_Otherincomeabstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncurrentAssetsAbstract_23266306-21cd-4e62-a93f-faa731d0a501_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current assets </link:label>
<link:label id="lab_ifrs-full_NoncurrentAssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current assets [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncurrentAssetsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssetsAbstract" xlink:to="lab_ifrs-full_NoncurrentAssetsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_PercentageOfGeneration_505e13eb-6e9b-4410-91c7-1e38c98bff51_terseLabel_en-US" xlink:label="lab_bepc_PercentageOfGeneration" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Percentage of total generation contracted </link:label>
<link:label id="lab_bepc_PercentageOfGeneration_label_en-US" xlink:label="lab_bepc_PercentageOfGeneration" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Percentage of generation </link:label>
<link:label id="lab_bepc_PercentageOfGeneration_documentation_en-US" xlink:label="lab_bepc_PercentageOfGeneration" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Percentage of generation contracted </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_PercentageOfGeneration" xlink:href="bepc-20231231.xsd#bepc_PercentageOfGeneration"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_PercentageOfGeneration" xlink:to="lab_bepc_PercentageOfGeneration" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesAxis_b8173fcc-918d-4f78-a1cb-aff8d5b662b5_terseLabel_en-US" xlink:label="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Categories Of Financial Assets (Liabilities) [Axis] </link:label>
<link:label id="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesAxis_label_en-US" xlink:label="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Categories Of Financial Assets (Liabilities) [Axis] </link:label>
<link:label id="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesAxis_documentation_en-US" xlink:label="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Categories Of Financial Assets (Liabilities) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CategoriesOfFinancialAssetsLiabilitiesAxis" xlink:href="bepc-20231231.xsd#bepc_CategoriesOfFinancialAssetsLiabilitiesAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CategoriesOfFinancialAssetsLiabilitiesAxis" xlink:to="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiiMember_7cba8893-9319-4eee-9d23-ab7f5ca8d106_terseLabel_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiiMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Infrastructure Fund III </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiiMember_label_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiiMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries with material noncontrolling interests Brookfield Infrastructre Fund III [Member] </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiiMember_documentation_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiiMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Infrastructre Fund III </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiiMember" xlink:href="bepc-20231231.xsd#bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiiMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiiMember" xlink:to="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIiiMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BrookfieldGlobalInfrastructureIncomeFundMember_968b03f0-eaf6-4dde-8928-d8f5d7a77e72_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldGlobalInfrastructureIncomeFundMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Global Infrastructure Income Fund </link:label>
<link:label id="lab_bepc_BrookfieldGlobalInfrastructureIncomeFundMember_label_en-US" xlink:label="lab_bepc_BrookfieldGlobalInfrastructureIncomeFundMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Global Infrastructure Income Fund [Member] </link:label>
<link:label id="lab_bepc_BrookfieldGlobalInfrastructureIncomeFundMember_documentation_en-US" xlink:label="lab_bepc_BrookfieldGlobalInfrastructureIncomeFundMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Global Infrastructure Income Fund </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BrookfieldGlobalInfrastructureIncomeFundMember" xlink:href="bepc-20231231.xsd#bepc_BrookfieldGlobalInfrastructureIncomeFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BrookfieldGlobalInfrastructureIncomeFundMember" xlink:to="lab_bepc_BrookfieldGlobalInfrastructureIncomeFundMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_HedgingDesignationsDomain_07a3d3b6-c396-4f97-aeb2-c1894f2ab26b_terseLabel_en-US" xlink:label="lab_bepc_HedgingDesignationsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hedging Designations [Member] </link:label>
<link:label id="lab_bepc_HedgingDesignationsDomain_label_en-US" xlink:label="lab_bepc_HedgingDesignationsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hedging Designations [Domain] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_HedgingDesignationsDomain" xlink:href="bepc-20231231.xsd#bepc_HedgingDesignationsDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_HedgingDesignationsDomain" xlink:to="lab_bepc_HedgingDesignationsDomain" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SixToTenYearsMember_c3ea9d05-8f31-4ff9-9d60-058628dcf76c_terseLabel_en-US" xlink:label="lab_bepc_SixToTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 6 - 10 years </link:label>
<link:label id="lab_bepc_SixToTenYearsMember_label_en-US" xlink:label="lab_bepc_SixToTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Six To Ten Years [Member] </link:label>
<link:label id="lab_bepc_SixToTenYearsMember_documentation_en-US" xlink:label="lab_bepc_SixToTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Six To Ten Years </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SixToTenYearsMember" xlink:href="bepc-20231231.xsd#bepc_SixToTenYearsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SixToTenYearsMember" xlink:to="lab_bepc_SixToTenYearsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_UtilityScaleSolarSegmentMember_17975122-bd15-4d4e-8945-b7a4cc211cd3_terseLabel_en-US" xlink:label="lab_bepc_UtilityScaleSolarSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Utility-scale solar </link:label>
<link:label id="lab_bepc_UtilityScaleSolarSegmentMember_label_en-US" xlink:label="lab_bepc_UtilityScaleSolarSegmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Utility-Scale Solar Segment [Member] </link:label>
<link:label id="lab_bepc_UtilityScaleSolarSegmentMember_documentation_en-US" xlink:label="lab_bepc_UtilityScaleSolarSegmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Utility-Scale Solar Segment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_UtilityScaleSolarSegmentMember" xlink:href="bepc-20231231.xsd#bepc_UtilityScaleSolarSegmentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_UtilityScaleSolarSegmentMember" xlink:to="lab_bepc_UtilityScaleSolarSegmentMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate_da0a8647-a447-4c67-8f51-7171947353df_terseLabel_en-US" xlink:label="lab_bepc_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trade receivables and other current assets </link:label>
<link:label id="lab_bepc_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_bepc_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trade and other receivables recognised as of acquisition date </link:label>
<link:label id="lab_bepc_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate_documentation_en-US" xlink:label="lab_bepc_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The amount recognised as of the acquisition date for trade and other receivables acquired in a business combination. [Refer: trade and other receivables; Business combinations [member]] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate" xlink:href="bepc-20231231.xsd#bepc_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate" xlink:to="lab_bepc_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncurrentTradeReceivables_27aab510-59bb-4317-bb9e-edcb9d6d1a0a_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentTradeReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Long-term receivables </link:label>
<link:label id="lab_ifrs-full_NoncurrentTradeReceivables_label_en-US" xlink:label="lab_ifrs-full_NoncurrentTradeReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current trade receivables </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentTradeReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncurrentTradeReceivables"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentTradeReceivables" xlink:to="lab_ifrs-full_NoncurrentTradeReceivables" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NonRecourseBorrowingsNoncurrent_b138eea8-3bb6-49f3-a65e-f5c56c9ced0a_terseLabel_en-US" xlink:label="lab_bepc_NonRecourseBorrowingsNoncurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-recourse borrowings </link:label>
<link:label id="lab_bepc_NonRecourseBorrowingsNoncurrent_label_en-US" xlink:label="lab_bepc_NonRecourseBorrowingsNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non Recourse Borrowings, Noncurrent </link:label>
<link:label id="lab_bepc_NonRecourseBorrowingsNoncurrent_documentation_en-US" xlink:label="lab_bepc_NonRecourseBorrowingsNoncurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non Recourse Borrowings, Noncurrent </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NonRecourseBorrowingsNoncurrent" xlink:href="bepc-20231231.xsd#bepc_NonRecourseBorrowingsNoncurrent"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NonRecourseBorrowingsNoncurrent" xlink:to="lab_bepc_NonRecourseBorrowingsNoncurrent" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_FairValueOfNetAssetsAcquiredAsOfAcquistionDate_2b92f5bf-9d9d-4ced-bc77-c6d49eb4cc04_totalLabel_en-US" xlink:label="lab_bepc_FairValueOfNetAssetsAcquiredAsOfAcquistionDate" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Fair value of net assets acquired </link:label>
<link:label id="lab_bepc_FairValueOfNetAssetsAcquiredAsOfAcquistionDate_label_en-US" xlink:label="lab_bepc_FairValueOfNetAssetsAcquiredAsOfAcquistionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Fair Value Of Net Assets Acquired As Of Acquistion Date </link:label>
<link:label id="lab_bepc_FairValueOfNetAssetsAcquiredAsOfAcquistionDate_documentation_en-US" xlink:label="lab_bepc_FairValueOfNetAssetsAcquiredAsOfAcquistionDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Fair Value Of Net Assets Acquired As Of Acquisition Date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_FairValueOfNetAssetsAcquiredAsOfAcquistionDate" xlink:href="bepc-20231231.xsd#bepc_FairValueOfNetAssetsAcquiredAsOfAcquistionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_FairValueOfNetAssetsAcquiredAsOfAcquistionDate" xlink:to="lab_bepc_FairValueOfNetAssetsAcquiredAsOfAcquistionDate" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ForeignCurrencyTranslationMemberMember_d86b9963-e6ea-4d30-8c6e-d368e7c4f64d_terseLabel_en-US" xlink:label="lab_bepc_ForeignCurrencyTranslationMemberMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign currency translation </link:label>
<link:label id="lab_bepc_ForeignCurrencyTranslationMemberMember_label_en-US" xlink:label="lab_bepc_ForeignCurrencyTranslationMemberMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign Currency Translation Member [Member] </link:label>
<link:label id="lab_bepc_ForeignCurrencyTranslationMemberMember_documentation_en-US" xlink:label="lab_bepc_ForeignCurrencyTranslationMemberMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign Currency Translation </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ForeignCurrencyTranslationMemberMember" xlink:href="bepc-20231231.xsd#bepc_ForeignCurrencyTranslationMemberMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ForeignCurrencyTranslationMemberMember" xlink:to="lab_bepc_ForeignCurrencyTranslationMemberMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DividendsRecognisedAsDistributionsToOwnersOfParentAndNoncontrollingInterests_a6ff81de-0e64-4bdb-9d63-523af6991ea7_terseLabel_en-US" xlink:label="lab_bepc_DividendsRecognisedAsDistributionsToOwnersOfParentAndNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends declared </link:label>
<link:label id="lab_bepc_DividendsRecognisedAsDistributionsToOwnersOfParentAndNoncontrollingInterests_label_en-US" xlink:label="lab_bepc_DividendsRecognisedAsDistributionsToOwnersOfParentAndNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends Recognised As Distributions To Owners Of Parent And Noncontrolling Interests </link:label>
<link:label id="lab_bepc_DividendsRecognisedAsDistributionsToOwnersOfParentAndNoncontrollingInterests_documentation_en-US" xlink:label="lab_bepc_DividendsRecognisedAsDistributionsToOwnersOfParentAndNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Distributions or dividends declared </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DividendsRecognisedAsDistributionsToOwnersOfParentAndNoncontrollingInterests" xlink:href="bepc-20231231.xsd#bepc_DividendsRecognisedAsDistributionsToOwnersOfParentAndNoncontrollingInterests"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DividendsRecognisedAsDistributionsToOwnersOfParentAndNoncontrollingInterests" xlink:to="lab_bepc_DividendsRecognisedAsDistributionsToOwnersOfParentAndNoncontrollingInterests" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentRestrictedCashAndCashEquivalents_2c9c3dbd-a4d6-4560-8ce3-29d4f1ce4225_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted cash </link:label>
<link:label id="lab_ifrs-full_CurrentRestrictedCashAndCashEquivalents_45b813b5-5f78-47aa-9431-6396ca052ef2_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Decrease in restricted cash </link:label>
<link:label id="lab_ifrs-full_CurrentRestrictedCashAndCashEquivalents_24a178aa-4f4f-4007-9ac1-e4b3a57856e4_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current </link:label>
<link:label id="lab_ifrs-full_CurrentRestrictedCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current restricted cash and cash equivalents </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentRestrictedCashAndCashEquivalents"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:to="lab_ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InterestRateTypesMember_3e67963e-4d95-466c-8bb2-70cbca196c95_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestRateTypesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest rate types [member] </link:label>
<link:label id="lab_ifrs-full_InterestRateTypesMember_label_en-US" xlink:label="lab_ifrs-full_InterestRateTypesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest rate types [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestRateTypesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestRateTypesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRateTypesMember" xlink:to="lab_ifrs-full_InterestRateTypesMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncurrentProvisions_3806ad28-3f49-48f1-8998-71e79c9c164f_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Provisions </link:label>
<link:label id="lab_ifrs-full_NoncurrentProvisions_label_en-US" xlink:label="lab_ifrs-full_NoncurrentProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current provisions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncurrentProvisions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentProvisions" xlink:to="lab_ifrs-full_NoncurrentProvisions" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForOriginationAndReversalOfTemporaryDifferences_1fd016fc-7d5b-4cb2-a792-9e553c7917d6_terseLabel_en-US" xlink:label="lab_bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForOriginationAndReversalOfTemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Origination and reversal of temporary differences </link:label>
<link:label id="lab_bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForOriginationAndReversalOfTemporaryDifferences_label_en-US" xlink:label="lab_bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForOriginationAndReversalOfTemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Income Tax Relating To Changes In Revaluation Surplus Of Other Comprehensive Income For Origination And Reversal Of Temporary Differences </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForOriginationAndReversalOfTemporaryDifferences" xlink:href="bepc-20231231.xsd#bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForOriginationAndReversalOfTemporaryDifferences"/>
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<link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivables_013c027b-dd33-47a2-8ca8-73e0a17eac85_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trade receivables and other current assets </link:label>
<link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivables_f687a4e5-497b-41a7-b993-6b9c5581a285_totalLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trade receivables and other current assets, net </link:label>
<link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivables_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trade and other current receivables </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TradeAndOtherCurrentReceivables"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AverageEffectiveTaxRate_c5fc7ddd-03a8-4dff-938d-dc861f63e7fb_terseLabel_en-US" xlink:label="lab_ifrs-full_AverageEffectiveTaxRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Effective income tax rate </link:label>
<link:label id="lab_ifrs-full_AverageEffectiveTaxRate_label_en-US" xlink:label="lab_ifrs-full_AverageEffectiveTaxRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Average effective tax rate </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AverageEffectiveTaxRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AverageEffectiveTaxRate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AverageEffectiveTaxRate" xlink:to="lab_ifrs-full_AverageEffectiveTaxRate" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_InterestExpenseOnBorrowingsExcludingDividendsClassifiedAsExpense_5d52bf8f-c6dd-4c7e-b1b6-4e2ebec7a73c_negatedTerseLabel_en-US" xlink:label="lab_bepc_InterestExpenseOnBorrowingsExcludingDividendsClassifiedAsExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest expense </link:label>
<link:label id="lab_bepc_InterestExpenseOnBorrowingsExcludingDividendsClassifiedAsExpense_label_en-US" xlink:label="lab_bepc_InterestExpenseOnBorrowingsExcludingDividendsClassifiedAsExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest Expense On Borrowings, Excluding Dividends Classified As Expense </link:label>
<link:label id="lab_bepc_InterestExpenseOnBorrowingsExcludingDividendsClassifiedAsExpense_documentation_en-US" xlink:label="lab_bepc_InterestExpenseOnBorrowingsExcludingDividendsClassifiedAsExpense" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest Expense On Borrowings, Excluding Dividends Classified As Expense </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_InterestExpenseOnBorrowingsExcludingDividendsClassifiedAsExpense" xlink:href="bepc-20231231.xsd#bepc_InterestExpenseOnBorrowingsExcludingDividendsClassifiedAsExpense"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_InterestExpenseOnBorrowingsExcludingDividendsClassifiedAsExpense" xlink:to="lab_bepc_InterestExpenseOnBorrowingsExcludingDividendsClassifiedAsExpense" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ClassesOfProvisionsAxis_d7f69b0c-0b32-43e1-a12a-5a29374531a3_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfProvisionsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Classes of other provisions [axis] </link:label>
<link:label id="lab_ifrs-full_ClassesOfProvisionsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfProvisionsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Classes of other provisions [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfProvisionsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfProvisionsAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfProvisionsAxis" xlink:to="lab_ifrs-full_ClassesOfProvisionsAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AmountsPayableAndLiabilitiesRelatedPartyTransactions_d1cda43b-49b0-4773-8066-c61d191c8173_totalLabel_en-US" xlink:label="lab_bepc_AmountsPayableAndLiabilitiesRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total </link:label>
<link:label id="lab_bepc_AmountsPayableAndLiabilitiesRelatedPartyTransactions_label_en-US" xlink:label="lab_bepc_AmountsPayableAndLiabilitiesRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amounts Payable And Liabilities, Related Party Transactions </link:label>
<link:label id="lab_bepc_AmountsPayableAndLiabilitiesRelatedPartyTransactions_documentation_en-US" xlink:label="lab_bepc_AmountsPayableAndLiabilitiesRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amounts Payable And Liabilities, Related Party Transactions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AmountsPayableAndLiabilitiesRelatedPartyTransactions" xlink:href="bepc-20231231.xsd#bepc_AmountsPayableAndLiabilitiesRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AmountsPayableAndLiabilitiesRelatedPartyTransactions" xlink:to="lab_bepc_AmountsPayableAndLiabilitiesRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_f84af097-0b81-4b7f-b7eb-717e072949ba_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of transactions between related parties [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of transactions between related parties [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of operating segments [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOperatingSegmentsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_FuelAndPowerPurchase_ebcafad0-5161-45a7-92ae-e954816f27b3_negatedTerseLabel_en-US" xlink:label="lab_bepc_FuelAndPowerPurchase" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Fuel and power purchases </link:label>
<link:label id="lab_bepc_FuelAndPowerPurchase_label_en-US" xlink:label="lab_bepc_FuelAndPowerPurchase" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Fuel And Power Purchase </link:label>
<link:label id="lab_bepc_FuelAndPowerPurchase_documentation_en-US" xlink:label="lab_bepc_FuelAndPowerPurchase" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Fuel and power purchases expense </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_FuelAndPowerPurchase" xlink:href="bepc-20231231.xsd#bepc_FuelAndPowerPurchase"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_FuelAndPowerPurchase" xlink:to="lab_bepc_FuelAndPowerPurchase" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_HydroelectricGeneratingUnitsMember_bffcedc7-077b-4d73-8231-8197b0dde97f_terseLabel_en-US" xlink:label="lab_bepc_HydroelectricGeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hydroelectric generating units </link:label>
<link:label id="lab_bepc_HydroelectricGeneratingUnitsMember_label_en-US" xlink:label="lab_bepc_HydroelectricGeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hydroelectric generating units [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_HydroelectricGeneratingUnitsMember" xlink:href="bepc-20231231.xsd#bepc_HydroelectricGeneratingUnitsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_HydroelectricGeneratingUnitsMember" xlink:to="lab_bepc_HydroelectricGeneratingUnitsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AccrualsClassifiedAsCurrent_dd6e4ce7-e478-4ea1-a029-fcfc0cd8219b_terseLabel_en-US" xlink:label="lab_ifrs-full_AccrualsClassifiedAsCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Operating accrued liabilities </link:label>
<link:label id="lab_ifrs-full_AccrualsClassifiedAsCurrent_label_en-US" xlink:label="lab_ifrs-full_AccrualsClassifiedAsCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Accruals classified as current </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccrualsClassifiedAsCurrent" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AccrualsClassifiedAsCurrent"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccrualsClassifiedAsCurrent" xlink:to="lab_ifrs-full_AccrualsClassifiedAsCurrent" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseInWorkingCapital_a8cd7080-c341-4a0f-8ad7-8b98b006317c_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net change in working capital balances </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseInWorkingCapital_1bbc49c5-9abb-4d56-99d8-8702f6aa60e2_totalLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) in working capital </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseInWorkingCapital_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) in working capital </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseInWorkingCapital"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:to="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_d42ba80f-bd82-490e-9ae5-0b39e11fa568_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_label_en-US" xlink:label="lab_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other tax effects for reconciliation between accounting profit and tax expense (income) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="lab_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesBorrowings_20751f9f-6c97-4dbd-977a-b37e571c9aab_terseLabel_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesBorrowings_label_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase Decrease Through Net Exchange Differences Borrowings </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesBorrowings_documentation_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesBorrowings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through net exchange differences, borrowings </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncreaseDecreaseThroughNetExchangeDifferencesBorrowings" xlink:href="bepc-20231231.xsd#bepc_IncreaseDecreaseThroughNetExchangeDifferencesBorrowings"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IncreaseDecreaseThroughNetExchangeDifferencesBorrowings" xlink:to="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesBorrowings" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GainsLossesOnNetMovementInRegulatoryDeferralAccountBalancesRelatedToItemsThatWillBeReclassifiedToProfitOrLossNetOfTax_c123d201-0bf3-4e20-91c5-480e4066b668_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnNetMovementInRegulatoryDeferralAccountBalancesRelatedToItemsThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gain on regulatory and contract settlement </link:label>
<link:label id="lab_ifrs-full_GainsLossesOnNetMovementInRegulatoryDeferralAccountBalancesRelatedToItemsThatWillBeReclassifiedToProfitOrLossNetOfTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnNetMovementInRegulatoryDeferralAccountBalancesRelatedToItemsThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (losses) on net movement in regulatory deferral account balances related to items that will be reclassified to profit or loss, net of tax </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnNetMovementInRegulatoryDeferralAccountBalancesRelatedToItemsThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnNetMovementInRegulatoryDeferralAccountBalancesRelatedToItemsThatWillBeReclassifiedToProfitOrLossNetOfTax"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnNetMovementInRegulatoryDeferralAccountBalancesRelatedToItemsThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_ifrs-full_GainsLossesOnNetMovementInRegulatoryDeferralAccountBalancesRelatedToItemsThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_d3801a93-162f-4c30-9407-2dc672f7eb29_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Actuarial gain (loss) on defined benefit plans </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income, net of tax, gains (losses) on remeasurements of defined benefit plans </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_d60c26d6-8f22-4ee5-869a-1158f2066aa2_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign exchange and financial instruments (loss) gain </link:label>
<link:label id="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_d209e548-4343-4c12-bb77-138c1d71c1d8_netLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Changes in fair value recognized in OCI </link:label>
<link:label id="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (losses) on change in fair value of derivatives </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherNoncurrentAssets_9ce67b62-4093-4f83-9f1f-166157c05b59_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other long-term assets </link:label>
<link:label id="lab_ifrs-full_OtherNoncurrentAssets_7378ed2f-6215-456d-84b5-1c33c587797f_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other long-term assets, net </link:label>
<link:label id="lab_ifrs-full_OtherNoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other non-current assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherNoncurrentAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentAssets" xlink:to="lab_ifrs-full_OtherNoncurrentAssets" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AmortizationOfFinancingFees_ad6f3020-ae6f-4f9a-b516-c4bcd305e188_terseLabel_en-US" xlink:label="lab_bepc_AmortizationOfFinancingFees" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amortization of financing and discounts fees </link:label>
<link:label id="lab_bepc_AmortizationOfFinancingFees_label_en-US" xlink:label="lab_bepc_AmortizationOfFinancingFees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amortization of financing fees </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AmortizationOfFinancingFees" xlink:href="bepc-20231231.xsd#bepc_AmortizationOfFinancingFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AmortizationOfFinancingFees" xlink:to="lab_bepc_AmortizationOfFinancingFees" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RightOfUseAssetsDisposals_ec76dde6-d612-4544-a4bf-812627ee5ea0_terseLabel_en-US" xlink:label="lab_bepc_RightOfUseAssetsDisposals" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Right-of-use assets, not subject to revaluation </link:label>
<link:label id="lab_bepc_RightOfUseAssetsDisposals_label_en-US" xlink:label="lab_bepc_RightOfUseAssetsDisposals" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Right-Of-Use Assets, Disposals </link:label>
<link:label id="lab_bepc_RightOfUseAssetsDisposals_documentation_en-US" xlink:label="lab_bepc_RightOfUseAssetsDisposals" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Right-Of-Use Assets, Disposals </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RightOfUseAssetsDisposals" xlink:href="bepc-20231231.xsd#bepc_RightOfUseAssetsDisposals"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_RightOfUseAssetsDisposals" xlink:to="lab_bepc_RightOfUseAssetsDisposals" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OtherNonCurrentLiabilitiesRecognisedAsOfAcquisitionDate_c264068b-5d60-45a5-9ee0-cd882895d9a7_negatedTerseLabel_en-US" xlink:label="lab_bepc_OtherNonCurrentLiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other long-term liabilities </link:label>
<link:label id="lab_bepc_OtherNonCurrentLiabilitiesRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_bepc_OtherNonCurrentLiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other non-current liabilities recognised as of acquisition date </link:label>
<link:label id="lab_bepc_OtherNonCurrentLiabilitiesRecognisedAsOfAcquisitionDate_documentation_en-US" xlink:label="lab_bepc_OtherNonCurrentLiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The amount recognised as of the acquisition date for Other non-current liabilities acquired in a business combination. [Refer: Other non-current liabilities; Business combinations [member]] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OtherNonCurrentLiabilitiesRecognisedAsOfAcquisitionDate" xlink:href="bepc-20231231.xsd#bepc_OtherNonCurrentLiabilitiesRecognisedAsOfAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OtherNonCurrentLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="lab_bepc_OtherNonCurrentLiabilitiesRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of transactions between related parties [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DerivativeFinancialLiabilities_21056ced-7734-47c2-ab2d-1e583c4e5e91_negatedLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative financial liabilities </link:label>
<link:label id="lab_ifrs-full_DerivativeFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative financial liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DerivativeFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DerivativeFinancialLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativeFinancialLiabilities" xlink:to="lab_ifrs-full_DerivativeFinancialLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InvestmentPropertyMember_5c65637f-ede9-4e43-8b84-860e8ffa46fc_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentPropertyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investment property [member] </link:label>
<link:label id="lab_ifrs-full_InvestmentPropertyMember_label_en-US" xlink:label="lab_ifrs-full_InvestmentPropertyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investment property [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentPropertyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InvestmentPropertyMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentPropertyMember" xlink:to="lab_ifrs-full_InvestmentPropertyMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_A5900MWOperatingAndUnderConstructionAnd6100DevelopmentUSRenewablePortfolioMember_85f307ef-93ce-4d11-bf2b-dceebaf2625f_terseLabel_en-US" xlink:label="lab_bepc_A5900MWOperatingAndUnderConstructionAnd6100DevelopmentUSRenewablePortfolioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 5,900 MW Operating And Under Construction And 6,100 Development U.S. Renewable Portfolio </link:label>
<link:label id="lab_bepc_A5900MWOperatingAndUnderConstructionAnd6100DevelopmentUSRenewablePortfolioMember_label_en-US" xlink:label="lab_bepc_A5900MWOperatingAndUnderConstructionAnd6100DevelopmentUSRenewablePortfolioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 5,900 MW Operating And Under Construction And 6,100 Development U.S. Renewable Portfolio [Member] </link:label>
<link:label id="lab_bepc_A5900MWOperatingAndUnderConstructionAnd6100DevelopmentUSRenewablePortfolioMember_documentation_en-US" xlink:label="lab_bepc_A5900MWOperatingAndUnderConstructionAnd6100DevelopmentUSRenewablePortfolioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 5,900 MW Operating And Under Construction And 6,100 Development U.S. Renewable Portfolio </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_A5900MWOperatingAndUnderConstructionAnd6100DevelopmentUSRenewablePortfolioMember" xlink:href="bepc-20231231.xsd#bepc_A5900MWOperatingAndUnderConstructionAnd6100DevelopmentUSRenewablePortfolioMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_A5900MWOperatingAndUnderConstructionAnd6100DevelopmentUSRenewablePortfolioMember" xlink:to="lab_bepc_A5900MWOperatingAndUnderConstructionAnd6100DevelopmentUSRenewablePortfolioMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_MaximumExposureToCreditRisk_5f1952bf-b7a0-45bc-b2d7-392118ad6720_totalLabel_en-US" xlink:label="lab_ifrs-full_MaximumExposureToCreditRisk" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total </link:label>
<link:label id="lab_ifrs-full_MaximumExposureToCreditRisk_label_en-US" xlink:label="lab_ifrs-full_MaximumExposureToCreditRisk" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Maximum exposure to credit risk </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaximumExposureToCreditRisk" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MaximumExposureToCreditRisk"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaximumExposureToCreditRisk" xlink:to="lab_ifrs-full_MaximumExposureToCreditRisk" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DecreaseThroughDisposalOfAssets_2d9b4426-4df5-462f-b5a7-aa9a1f3dc394_negatedTerseLabel_en-US" xlink:label="lab_bepc_DecreaseThroughDisposalOfAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal </link:label>
<link:label id="lab_bepc_DecreaseThroughDisposalOfAssets_fce0501d-cbec-4679-9c77-b3aa6afbb366_negatedLabel_en-US" xlink:label="lab_bepc_DecreaseThroughDisposalOfAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal </link:label>
<link:label id="lab_bepc_DecreaseThroughDisposalOfAssets_label_en-US" xlink:label="lab_bepc_DecreaseThroughDisposalOfAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Decrease Through Disposal Of Assets </link:label>
<link:label id="lab_bepc_DecreaseThroughDisposalOfAssets_documentation_en-US" xlink:label="lab_bepc_DecreaseThroughDisposalOfAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Decrease Through Disposal Of Assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DecreaseThroughDisposalOfAssets" xlink:href="bepc-20231231.xsd#bepc_DecreaseThroughDisposalOfAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DecreaseThroughDisposalOfAssets" xlink:to="lab_bepc_DecreaseThroughDisposalOfAssets" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_PowerPurchaseAgreementTerm_70f6432b-4966-4ae1-9361-5141c63e966f_terseLabel_en-US" xlink:label="lab_bepc_PowerPurchaseAgreementTerm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Power purchase agreement, term </link:label>
<link:label id="lab_bepc_PowerPurchaseAgreementTerm_label_en-US" xlink:label="lab_bepc_PowerPurchaseAgreementTerm" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Power Purchase Agreement, Term </link:label>
<link:label id="lab_bepc_PowerPurchaseAgreementTerm_documentation_en-US" xlink:label="lab_bepc_PowerPurchaseAgreementTerm" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Power Purchase Agreement, Term </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_PowerPurchaseAgreementTerm" xlink:href="bepc-20231231.xsd#bepc_PowerPurchaseAgreementTerm"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_PowerPurchaseAgreementTerm" xlink:to="lab_bepc_PowerPurchaseAgreementTerm" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory_3e86ff80-8978-4d1f-ae6e-2a0061bbedb5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of change in decommissioning liabilities </link:label>
<link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of other provisions [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOtherProvisionsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfExpensesExplanatory_dc574fbe-db3e-4824-b8ea-0acbc2a3525f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfExpensesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of direct operating costs </link:label>
<link:label id="lab_ifrs-full_DisclosureOfExpensesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfExpensesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of expenses [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfExpensesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfExpensesExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfExpensesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfExpensesExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureofincometaxdeferredassetsandliabilitiesLineItems_fcb45783-b285-4f9a-9b02-813a91cd5069_terseLabel_en-US" xlink:label="lab_bepc_DisclosureofincometaxdeferredassetsandliabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of income tax deferred assets and liabilities [Line Items] </link:label>
<link:label id="lab_bepc_DisclosureofincometaxdeferredassetsandliabilitiesLineItems_label_en-US" xlink:label="lab_bepc_DisclosureofincometaxdeferredassetsandliabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of income tax deferred assets and liabilities [Line Items] </link:label>
<link:label id="lab_bepc_DisclosureofincometaxdeferredassetsandliabilitiesLineItems_documentation_en-US" xlink:label="lab_bepc_DisclosureofincometaxdeferredassetsandliabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> [Line Items] for Disclosure of income tax deferred assets and liabilities [Table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureofincometaxdeferredassetsandliabilitiesLineItems" xlink:href="bepc-20231231.xsd#bepc_DisclosureofincometaxdeferredassetsandliabilitiesLineItems"/>
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<link:label id="lab_ifrs-full_TypesOfInterestRatesAxis_6eaaa75d-7f93-4914-8103-0285a23ae11d_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Types of interest rates [axis] </link:label>
<link:label id="lab_ifrs-full_TypesOfInterestRatesAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Types of interest rates [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfInterestRatesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfInterestRatesAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfInterestRatesAxis" xlink:to="lab_ifrs-full_TypesOfInterestRatesAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfUnamortizedFinancingFeesAndPremiumsTableTextBlock_759af43b-4564-4811-aba7-45d1ec33137e_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfUnamortizedFinancingFeesAndPremiumsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Unamortized Financing Fees and Premiums </link:label>
<link:label id="lab_bepc_DisclosureOfUnamortizedFinancingFeesAndPremiumsTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfUnamortizedFinancingFeesAndPremiumsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Unamortized Financing Fees and Premiums [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfUnamortizedFinancingFeesAndPremiumsTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfUnamortizedFinancingFeesAndPremiumsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Unamortized Financing Fees and Premiums </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfUnamortizedFinancingFeesAndPremiumsTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfUnamortizedFinancingFeesAndPremiumsTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfUnamortizedFinancingFeesAndPremiumsTableTextBlock" xlink:to="lab_bepc_DisclosureOfUnamortizedFinancingFeesAndPremiumsTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_FinancialInstrumentsAtFairValueThroughOtherComprehensiveIncomeMember_9b04d9f4-cac4-42ce-a2e8-1b2b3f1f0fc4_terseLabel_en-US" xlink:label="lab_bepc_FinancialInstrumentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Fair value through OCI </link:label>
<link:label id="lab_bepc_FinancialInstrumentsAtFairValueThroughOtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_bepc_FinancialInstrumentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Instruments At Fair Value Through Other Comprehensive Income [Member] </link:label>
<link:label id="lab_bepc_FinancialInstrumentsAtFairValueThroughOtherComprehensiveIncomeMember_documentation_en-US" xlink:label="lab_bepc_FinancialInstrumentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Instruments At Fair Value Through Other Comprehensive Income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_FinancialInstrumentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:href="bepc-20231231.xsd#bepc_FinancialInstrumentsAtFairValueThroughOtherComprehensiveIncomeMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_FinancialInstrumentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="lab_bepc_FinancialInstrumentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory_dacc0425-eba8-40cb-9b1d-842408c48c9c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> NON-CONTROLLING INTERESTS </link:label>
<link:label id="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of non-controlling interests [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q42023USVariousSOFRFinancing2025Member_9f7fc2af-6edf-4a0b-b711-dec36dbff8d9_terseLabel_en-US" xlink:label="lab_bepc_Q42023USVariousSOFRFinancing2025Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Wind, 0.0698, Financing, 2025 </link:label>
<link:label id="lab_bepc_Q42023USVariousSOFRFinancing2025Member_label_en-US" xlink:label="lab_bepc_Q42023USVariousSOFRFinancing2025Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Various, SOFR, Financing, 2025 [Member] </link:label>
<link:label id="lab_bepc_Q42023USVariousSOFRFinancing2025Member_documentation_en-US" xlink:label="lab_bepc_Q42023USVariousSOFRFinancing2025Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Various, SOFR, Financing, 2025 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q42023USVariousSOFRFinancing2025Member" xlink:href="bepc-20231231.xsd#bepc_Q42023USVariousSOFRFinancing2025Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q42023USVariousSOFRFinancing2025Member" xlink:to="lab_bepc_Q42023USVariousSOFRFinancing2025Member" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_bdc4d1a0-45f0-4977-884e-f58f64641ac6_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign exchange gain (loss) </link:label>
<link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign exchange gain (loss) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
<link:label id="lab_srt_EuropeMember_cceb0c36-b38d-47ff-9b63-b2248112109d_terseLabel_en-US" xlink:label="lab_srt_EuropeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Europe </link:label>
<link:label id="lab_srt_EuropeMember_label_en-US" xlink:label="lab_srt_EuropeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Europe [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_srt_EuropeMember" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_EuropeMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_EuropeMember" xlink:to="lab_srt_EuropeMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract_adad14a7-d84b-4e6a-a79e-d4f76b2fe73a_verboseLabel_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Items recognized through OCI: </link:label>
<link:label id="lab_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Miscellaneous other comprehensive income [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_MiscellaneousOtherComprehensiveIncomeAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ReconciliationOfChangesInGoodwillAbstract_1bdaa817-7961-4219-91b4-c34994c09c5b_terseLabel_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInGoodwillAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reconciliation of changes in goodwill [abstract] </link:label>
<link:label id="lab_ifrs-full_ReconciliationOfChangesInGoodwillAbstract_label_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInGoodwillAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reconciliation of changes in goodwill [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReconciliationOfChangesInGoodwillAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReconciliationOfChangesInGoodwillAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReconciliationOfChangesInGoodwillAbstract" xlink:to="lab_ifrs-full_ReconciliationOfChangesInGoodwillAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract_d23fba0b-f2c8-4123-91d1-d7d0dc7cb783_terseLabel_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reconciliation of changes in property, plant and equipment [abstract] </link:label>
<link:label id="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract_label_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reconciliation of changes in property, plant and equipment [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:to="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OtherAbstract_f1d6b59d-86a8-4064-ba4e-4e3ae78e4a2b_terseLabel_en-US" xlink:label="lab_bepc_OtherAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bepc_OtherAbstract_label_en-US" xlink:label="lab_bepc_OtherAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other [Abstract] </link:label>
<link:label id="lab_bepc_OtherAbstract_documentation_en-US" xlink:label="lab_bepc_OtherAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OtherAbstract" xlink:href="bepc-20231231.xsd#bepc_OtherAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OtherAbstract" xlink:to="lab_bepc_OtherAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CurrentAndNonCurrentDerivativeFinancialLiabilities_c7427774-12e1-4681-813e-1c6c67e7daa4_terseLabel_en-US" xlink:label="lab_bepc_CurrentAndNonCurrentDerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial instrument liabilities </link:label>
<link:label id="lab_bepc_CurrentAndNonCurrentDerivativeFinancialLiabilities_label_en-US" xlink:label="lab_bepc_CurrentAndNonCurrentDerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current And Non Current Derivative Financial Liabilities </link:label>
<link:label id="lab_bepc_CurrentAndNonCurrentDerivativeFinancialLiabilities_documentation_en-US" xlink:label="lab_bepc_CurrentAndNonCurrentDerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The amount of current and non current derivative financial liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CurrentAndNonCurrentDerivativeFinancialLiabilities" xlink:href="bepc-20231231.xsd#bepc_CurrentAndNonCurrentDerivativeFinancialLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CurrentAndNonCurrentDerivativeFinancialLiabilities" xlink:to="lab_bepc_CurrentAndNonCurrentDerivativeFinancialLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BrookfieldInfrastructureFundIIIMember_8a74e786-9adc-4bf6-9002-71cc1bc95366_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldInfrastructureFundIIIMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Infrastructure Fund III </link:label>
<link:label id="lab_bepc_BrookfieldInfrastructureFundIIIMember_label_en-US" xlink:label="lab_bepc_BrookfieldInfrastructureFundIIIMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Infrastructure Fund III [Member] </link:label>
<link:label id="lab_bepc_BrookfieldInfrastructureFundIIIMember_documentation_en-US" xlink:label="lab_bepc_BrookfieldInfrastructureFundIIIMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Infrastructure Fund III </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BrookfieldInfrastructureFundIIIMember" xlink:href="bepc-20231231.xsd#bepc_BrookfieldInfrastructureFundIIIMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BrookfieldInfrastructureFundIIIMember" xlink:to="lab_bepc_BrookfieldInfrastructureFundIIIMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis_6c3b2562-d551-4d42-b4b0-6b2d3b6590a5_terseLabel_en-US" xlink:label="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Timing of transfer of goods or services [axis] </link:label>
<link:label id="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis_label_en-US" xlink:label="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Timing of transfer of goods or services [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TimingOfTransferOfGoodsOrServicesAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis" xlink:to="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentAssetsAbstract_cb375169-77a9-450e-8bc7-4a90005dc19b_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current assets </link:label>
<link:label id="lab_ifrs-full_CurrentAssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_CurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current assets [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentAssetsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssetsAbstract" xlink:to="lab_ifrs-full_CurrentAssetsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_5c8ccea6-731b-4f3b-80af-1e560f400b33_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> COMMITMENTS, CONTINGENCIES AND GUARANTEES </link:label>
<link:label id="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of commitments and contingent liabilities [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ServicesProvidedRelatedPartyTransactions_9e2f2e9a-6bfb-4857-b316-dec99a060608_negatedLabel_en-US" xlink:label="lab_bepc_ServicesProvidedRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other related party services </link:label>
<link:label id="lab_bepc_ServicesProvidedRelatedPartyTransactions_label_en-US" xlink:label="lab_bepc_ServicesProvidedRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Services Provided, Related Party Transactions </link:label>
<link:label id="lab_bepc_ServicesProvidedRelatedPartyTransactions_documentation_en-US" xlink:label="lab_bepc_ServicesProvidedRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Services Provided, Related Party Transactions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ServicesProvidedRelatedPartyTransactions" xlink:href="bepc-20231231.xsd#bepc_ServicesProvidedRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ServicesProvidedRelatedPartyTransactions" xlink:to="lab_bepc_ServicesProvidedRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesAxis_a9bda2a8-b811-46fd-8eb0-e320027d7791_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Categories of related parties [axis] </link:label>
<link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesAxis_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Categories of related parties [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ConcessionPaymentsMember_ca268d11-61bc-442f-8802-4b5d3999ad82_terseLabel_en-US" xlink:label="lab_bepc_ConcessionPaymentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Concession Payments </link:label>
<link:label id="lab_bepc_ConcessionPaymentsMember_label_en-US" xlink:label="lab_bepc_ConcessionPaymentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Concession Payments [Member] </link:label>
<link:label id="lab_bepc_ConcessionPaymentsMember_documentation_en-US" xlink:label="lab_bepc_ConcessionPaymentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Concession Payments liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ConcessionPaymentsMember" xlink:href="bepc-20231231.xsd#bepc_ConcessionPaymentsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ConcessionPaymentsMember" xlink:to="lab_bepc_ConcessionPaymentsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract_2e5fdb96-8223-41c8-90ea-86ed27522ee4_terseLabel_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reconciliation of changes in deferred tax liability (asset) [abstract] </link:label>
<link:label id="lab_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract_label_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reconciliation of changes in deferred tax liability (asset) [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract" xlink:to="lab_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_a81d33fb-2f5d-4683-aa0b-aee8923ec696_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred income taxes on above items </link:label>
<link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Income tax relating to components of other comprehensive income that will be reclassified to profit or loss </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:to="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_9f743f0e-9109-4716-acb9-48f1c762a8f1_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Statement of changes in equity [line items] </link:label>
<link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Statement of changes in equity [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_StatementOfChangesInEquityLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:to="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ProceedsFromIssuanceOfUnsecuredDebt1_2e902eaf-ca2f-42f7-b641-f045efd31e08_terseLabel_en-US" xlink:label="lab_bepc_ProceedsFromIssuanceOfUnsecuredDebt1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proceeds from non-recourse borrowings </link:label>
<link:label id="lab_bepc_ProceedsFromIssuanceOfUnsecuredDebt1_label_en-US" xlink:label="lab_bepc_ProceedsFromIssuanceOfUnsecuredDebt1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proceeds From Issuance Of Unsecured Debt1 </link:label>
<link:label id="lab_bepc_ProceedsFromIssuanceOfUnsecuredDebt1_documentation_en-US" xlink:label="lab_bepc_ProceedsFromIssuanceOfUnsecuredDebt1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proceeds From Issuance Of Unsecured Debt1 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ProceedsFromIssuanceOfUnsecuredDebt1" xlink:href="bepc-20231231.xsd#bepc_ProceedsFromIssuanceOfUnsecuredDebt1"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ProceedsFromIssuanceOfUnsecuredDebt1" xlink:to="lab_bepc_ProceedsFromIssuanceOfUnsecuredDebt1" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProfitLossAbstract_2430d10b-37b6-4fda-979f-11e91afd465d_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Items recognized through net income: </link:label>
<link:label id="lab_ifrs-full_ProfitLossAbstract_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Profit (loss) [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProfitLossAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAbstract" xlink:to="lab_ifrs-full_ProfitLossAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DifferenceBetweenTaxAndCarryingValueMember_3279a4ea-4cc1-4146-9917-609a2ebb6d8b_terseLabel_en-US" xlink:label="lab_bepc_DifferenceBetweenTaxAndCarryingValueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Difference between tax and carrying value </link:label>
<link:label id="lab_bepc_DifferenceBetweenTaxAndCarryingValueMember_label_en-US" xlink:label="lab_bepc_DifferenceBetweenTaxAndCarryingValueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Difference between tax and carrying value [Member] </link:label>
<link:label id="lab_bepc_DifferenceBetweenTaxAndCarryingValueMember_documentation_en-US" xlink:label="lab_bepc_DifferenceBetweenTaxAndCarryingValueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Difference between tax and carrying value </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DifferenceBetweenTaxAndCarryingValueMember" xlink:href="bepc-20231231.xsd#bepc_DifferenceBetweenTaxAndCarryingValueMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DifferenceBetweenTaxAndCarryingValueMember" xlink:to="lab_bepc_DifferenceBetweenTaxAndCarryingValueMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AssetsAbstract_f29911dc-6798-415a-85e9-9e521195480f_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Assets </link:label>
<link:label id="lab_ifrs-full_AssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Assets [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AssetsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAbstract" xlink:to="lab_ifrs-full_AssetsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_GainsLossesOnExchangeDifferencesOnTranslationOfForeignOperationsUnamortisedPremiumsNetOfTax_2b974258-7a99-4887-b6f5-2ecf6db73ab6_terseLabel_en-US" xlink:label="lab_bepc_GainsLossesOnExchangeDifferencesOnTranslationOfForeignOperationsUnamortisedPremiumsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign exchange translation and other </link:label>
<link:label id="lab_bepc_GainsLossesOnExchangeDifferencesOnTranslationOfForeignOperationsUnamortisedPremiumsNetOfTax_label_en-US" xlink:label="lab_bepc_GainsLossesOnExchangeDifferencesOnTranslationOfForeignOperationsUnamortisedPremiumsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (losses) on exchange differences on translation of foreign operations, unamortised premiums, net of tax </link:label>
<link:label id="lab_bepc_GainsLossesOnExchangeDifferencesOnTranslationOfForeignOperationsUnamortisedPremiumsNetOfTax_documentation_en-US" xlink:label="lab_bepc_GainsLossesOnExchangeDifferencesOnTranslationOfForeignOperationsUnamortisedPremiumsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (losses) on exchange differences on translation of foreign operations, unamortised premiums, net of tax </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_GainsLossesOnExchangeDifferencesOnTranslationOfForeignOperationsUnamortisedPremiumsNetOfTax" xlink:href="bepc-20231231.xsd#bepc_GainsLossesOnExchangeDifferencesOnTranslationOfForeignOperationsUnamortisedPremiumsNetOfTax"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_GainsLossesOnExchangeDifferencesOnTranslationOfForeignOperationsUnamortisedPremiumsNetOfTax" xlink:to="lab_bepc_GainsLossesOnExchangeDifferencesOnTranslationOfForeignOperationsUnamortisedPremiumsNetOfTax" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_FloatingInterestRateMember_d591a0a7-b36d-40ae-8f43-601e1e397ce7_terseLabel_en-US" xlink:label="lab_ifrs-full_FloatingInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Floating interest rate </link:label>
<link:label id="lab_ifrs-full_FloatingInterestRateMember_label_en-US" xlink:label="lab_ifrs-full_FloatingInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Floating interest rate [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FloatingInterestRateMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FloatingInterestRateMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FloatingInterestRateMember" xlink:to="lab_ifrs-full_FloatingInterestRateMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ImpactOfTwentyFiveBasisPointsIncreaseMember_ae849a0c-cbd2-44ce-b749-7ae356847e49_terseLabel_en-US" xlink:label="lab_bepc_ImpactOfTwentyFiveBasisPointsIncreaseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 25 bps increase in discount rates </link:label>
<link:label id="lab_bepc_ImpactOfTwentyFiveBasisPointsIncreaseMember_label_en-US" xlink:label="lab_bepc_ImpactOfTwentyFiveBasisPointsIncreaseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Twenty Five Basis Points Increase [Member] </link:label>
<link:label id="lab_bepc_ImpactOfTwentyFiveBasisPointsIncreaseMember_documentation_en-US" xlink:label="lab_bepc_ImpactOfTwentyFiveBasisPointsIncreaseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Twenty Five Basis Points Increase on fair value of property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ImpactOfTwentyFiveBasisPointsIncreaseMember" xlink:href="bepc-20231231.xsd#bepc_ImpactOfTwentyFiveBasisPointsIncreaseMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ImpactOfTwentyFiveBasisPointsIncreaseMember" xlink:to="lab_bepc_ImpactOfTwentyFiveBasisPointsIncreaseMember" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityFileNumber_90ec2b73-042c-40c3-85b8-f036c565c247_terseLabel_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity File Number </link:label>
<link:label id="lab_dei_EntityFileNumber_label_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity File Number </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFileNumber"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber" xlink:to="lab_dei_EntityFileNumber" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfPropertyPlantAndEquipmentAtCarryingValueTableTextBlock_99f45877-c1b0-4824-8e9a-fbf47cbd7460_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfPropertyPlantAndEquipmentAtCarryingValueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of revalued property, plant and equipment </link:label>
<link:label id="lab_bepc_DisclosureOfPropertyPlantAndEquipmentAtCarryingValueTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfPropertyPlantAndEquipmentAtCarryingValueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Property Plant And Equipment At Carrying Value [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfPropertyPlantAndEquipmentAtCarryingValueTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfPropertyPlantAndEquipmentAtCarryingValueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of property plant and equipment at carrying value or historical cost </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfPropertyPlantAndEquipmentAtCarryingValueTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfPropertyPlantAndEquipmentAtCarryingValueTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfPropertyPlantAndEquipmentAtCarryingValueTableTextBlock" xlink:to="lab_bepc_DisclosureOfPropertyPlantAndEquipmentAtCarryingValueTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_WindGeneratingUnitsMember_61c727cb-17b0-40cc-8eaf-2415e00ceaf4_terseLabel_en-US" xlink:label="lab_bepc_WindGeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Wind generating units </link:label>
<link:label id="lab_bepc_WindGeneratingUnitsMember_label_en-US" xlink:label="lab_bepc_WindGeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Wind generating units [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_WindGeneratingUnitsMember" xlink:href="bepc-20231231.xsd#bepc_WindGeneratingUnitsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_WindGeneratingUnitsMember" xlink:to="lab_bepc_WindGeneratingUnitsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_52bed978-4a0a-4786-932b-ffeb31dc079e_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investing activities </link:label>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows from (used in) investing activities [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ProfitLossAttributableToNonControllingInterests1_249315bd-9504-47ea-a66a-97ada78f1d91_terseLabel_en-US" xlink:label="lab_bepc_ProfitLossAttributableToNonControllingInterests1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net income attributable to non-controlling interests </link:label>
<link:label id="lab_bepc_ProfitLossAttributableToNonControllingInterests1_label_en-US" xlink:label="lab_bepc_ProfitLossAttributableToNonControllingInterests1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Profit (loss), attributable to non-controlling interests1 </link:label>
<link:label id="lab_bepc_ProfitLossAttributableToNonControllingInterests1_documentation_en-US" xlink:label="lab_bepc_ProfitLossAttributableToNonControllingInterests1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Profit (loss), attributable to non-controlling interests1 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ProfitLossAttributableToNonControllingInterests1" xlink:href="bepc-20231231.xsd#bepc_ProfitLossAttributableToNonControllingInterests1"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ProfitLossAttributableToNonControllingInterests1" xlink:to="lab_bepc_ProfitLossAttributableToNonControllingInterests1" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_45668583-dbbf-4db6-9431-743f97026fc4_terseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change in hedge ineffectiveness gain (loss) </link:label>
<link:label id="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gain (loss) on hedge ineffectiveness recognised in other comprehensive income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome" xlink:to="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DeferredIncomeTaxRelatingToOtherComprehensiveIncomeItemsThatWillBeReclassifiedToProfitOrLossNetOfTax_8a2c07a9-6b8e-4fd2-8d3a-632d5da3937a_terseLabel_en-US" xlink:label="lab_bepc_DeferredIncomeTaxRelatingToOtherComprehensiveIncomeItemsThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred income taxes on above items </link:label>
<link:label id="lab_bepc_DeferredIncomeTaxRelatingToOtherComprehensiveIncomeItemsThatWillBeReclassifiedToProfitOrLossNetOfTax_label_en-US" xlink:label="lab_bepc_DeferredIncomeTaxRelatingToOtherComprehensiveIncomeItemsThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred Income Tax Relating To Other Comprehensive Income Items That Will Be Reclassified To Profit Or Loss, Net Of Tax </link:label>
<link:label id="lab_bepc_DeferredIncomeTaxRelatingToOtherComprehensiveIncomeItemsThatWillBeReclassifiedToProfitOrLossNetOfTax_documentation_en-US" xlink:label="lab_bepc_DeferredIncomeTaxRelatingToOtherComprehensiveIncomeItemsThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred Income Tax Relating To Other Comprehensive Income Items That Will Be Reclassified To Profit Or Loss, Net Of Tax </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DeferredIncomeTaxRelatingToOtherComprehensiveIncomeItemsThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:href="bepc-20231231.xsd#bepc_DeferredIncomeTaxRelatingToOtherComprehensiveIncomeItemsThatWillBeReclassifiedToProfitOrLossNetOfTax"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DeferredIncomeTaxRelatingToOtherComprehensiveIncomeItemsThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_bepc_DeferredIncomeTaxRelatingToOtherComprehensiveIncomeItemsThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProfitLoss_3a6a6b66-8dae-45e1-a219-1527bdb618c3_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net income </link:label>
<link:label id="lab_ifrs-full_ProfitLoss_546dfca9-f01d-4a06-a490-48ef47084320_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net income </link:label>
<link:label id="lab_ifrs-full_ProfitLoss_35f16254-ccb3-4c96-938a-4d89dbf35105_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net income (loss) </link:label>
<link:label id="lab_ifrs-full_ProfitLoss_label_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Profit (loss) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProfitLoss"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLoss" xlink:to="lab_ifrs-full_ProfitLoss" xlink:type="arc" order="1"/>
<link:label id="lab_dei_AuditorFirmId_de85aef8-32dd-422a-a87d-e18638b47119_terseLabel_en-US" xlink:label="lab_dei_AuditorFirmId" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Auditor Firm ID </link:label>
<link:label id="lab_dei_AuditorFirmId_label_en-US" xlink:label="lab_dei_AuditorFirmId" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Auditor Firm ID </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_AuditorFirmId" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditorFirmId"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorFirmId" xlink:to="lab_dei_AuditorFirmId" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ShareRemeasurementOfLiability_3b062445-5ec1-49a7-b03b-c427edcfb863_terseLabel_en-US" xlink:label="lab_bepc_ShareRemeasurementOfLiability" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Remeasurement of liability </link:label>
<link:label id="lab_bepc_ShareRemeasurementOfLiability_label_en-US" xlink:label="lab_bepc_ShareRemeasurementOfLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Remeasurement Of Liability </link:label>
<link:label id="lab_bepc_ShareRemeasurementOfLiability_documentation_en-US" xlink:label="lab_bepc_ShareRemeasurementOfLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Remeasurement Of Liability </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ShareRemeasurementOfLiability" xlink:href="bepc-20231231.xsd#bepc_ShareRemeasurementOfLiability"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ShareRemeasurementOfLiability" xlink:to="lab_bepc_ShareRemeasurementOfLiability" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityShellCompany_0ded7aa0-a602-4a8b-918e-8db94c8d7a2a_terseLabel_en-US" xlink:label="lab_dei_EntityShellCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Shell Company </link:label>
<link:label id="lab_dei_EntityShellCompany_label_en-US" xlink:label="lab_dei_EntityShellCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Shell Company </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityShellCompany" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityShellCompany"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityShellCompany" xlink:to="lab_dei_EntityShellCompany" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesOtherAssetLiability_c41d33a8-7043-4a24-a39f-d8af734b0050_negatedTerseLabel_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesOtherAssetLiability" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other assets and liabilities </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesOtherAssetLiability_label_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesOtherAssetLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase Decrease Through Net Exchange Differences Other Asset Liability </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesOtherAssetLiability_documentation_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesOtherAssetLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase Decrease Through Net Exchange Differences Other Asset Liability </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncreaseDecreaseThroughNetExchangeDifferencesOtherAssetLiability" xlink:href="bepc-20231231.xsd#bepc_IncreaseDecreaseThroughNetExchangeDifferencesOtherAssetLiability"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IncreaseDecreaseThroughNetExchangeDifferencesOtherAssetLiability" xlink:to="lab_bepc_IncreaseDecreaseThroughNetExchangeDifferencesOtherAssetLiability" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RepaymentsOfUnsecuredDebt1_c331e11f-d9b5-494e-b2f1-53a3cedeb459_negatedTerseLabel_en-US" xlink:label="lab_bepc_RepaymentsOfUnsecuredDebt1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Repayment of non-recourse borrowings </link:label>
<link:label id="lab_bepc_RepaymentsOfUnsecuredDebt1_label_en-US" xlink:label="lab_bepc_RepaymentsOfUnsecuredDebt1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Repayments Of Unsecured Debt1 </link:label>
<link:label id="lab_bepc_RepaymentsOfUnsecuredDebt1_documentation_en-US" xlink:label="lab_bepc_RepaymentsOfUnsecuredDebt1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Repayments Of Unsecured Debt1 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RepaymentsOfUnsecuredDebt1" xlink:href="bepc-20231231.xsd#bepc_RepaymentsOfUnsecuredDebt1"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_RepaymentsOfUnsecuredDebt1" xlink:to="lab_bepc_RepaymentsOfUnsecuredDebt1" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ParticipatingNoncontrollingInterestsParentHoldingCompanyMember_2c4d0cb7-4b3f-4111-8993-12e499621ff7_terseLabel_en-US" xlink:label="lab_bepc_ParticipatingNoncontrollingInterestsParentHoldingCompanyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Participating non-controlling interests – in a holding subsidiary held by the partnership </link:label>
<link:label id="lab_bepc_ParticipatingNoncontrollingInterestsParentHoldingCompanyMember_label_en-US" xlink:label="lab_bepc_ParticipatingNoncontrollingInterestsParentHoldingCompanyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Participating Noncontrolling Interests Parent Holding Company [Member] </link:label>
<link:label id="lab_bepc_ParticipatingNoncontrollingInterestsParentHoldingCompanyMember_documentation_en-US" xlink:label="lab_bepc_ParticipatingNoncontrollingInterestsParentHoldingCompanyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Participating Noncontrolling Interests Parent Holding Company </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ParticipatingNoncontrollingInterestsParentHoldingCompanyMember" xlink:href="bepc-20231231.xsd#bepc_ParticipatingNoncontrollingInterestsParentHoldingCompanyMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ParticipatingNoncontrollingInterestsParentHoldingCompanyMember" xlink:to="lab_bepc_ParticipatingNoncontrollingInterestsParentHoldingCompanyMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OwnershipPercentage_4a285c57-2d22-494f-b65b-ae3b9759706b_terseLabel_en-US" xlink:label="lab_bepc_OwnershipPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ownership percentage </link:label>
<link:label id="lab_bepc_OwnershipPercentage_label_en-US" xlink:label="lab_bepc_OwnershipPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ownership Percentage </link:label>
<link:label id="lab_bepc_OwnershipPercentage_documentation_en-US" xlink:label="lab_bepc_OwnershipPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ownership Percentage </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OwnershipPercentage" xlink:href="bepc-20231231.xsd#bepc_OwnershipPercentage"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OwnershipPercentage" xlink:to="lab_bepc_OwnershipPercentage" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodBeforeTax_279028d8-52f3-445c-b442-efcc9829e490_terseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share of other comprehensive income (loss) </link:label>
<link:label id="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodBeforeTax_label_en-US" xlink:label="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share of other comprehensive income of associates and joint ventures accounted for using equity method, before tax </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodBeforeTax"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodBeforeTax" xlink:to="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodBeforeTax" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncurrentReceivablesDueFromRelatedParties_dc8533a8-8ba6-4816-a6cf-3dd7bd0d3295_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentReceivablesDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Due from related parties </link:label>
<link:label id="lab_ifrs-full_NoncurrentReceivablesDueFromRelatedParties_label_en-US" xlink:label="lab_ifrs-full_NoncurrentReceivablesDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current receivables due from related parties </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentReceivablesDueFromRelatedParties" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncurrentReceivablesDueFromRelatedParties"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentReceivablesDueFromRelatedParties" xlink:to="lab_ifrs-full_NoncurrentReceivablesDueFromRelatedParties" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_f999345d-9062-4384-bd8b-cbea9e4e6bda_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of tax equity financing </link:label>
<link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about financial instruments [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_fd0fc5dd-a39a-4b31-9ca8-0761308d3ef0_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Income taxes </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for income tax [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_bcae4f68-8a10-483b-87e7-2947263a4b95_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Accretion </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase through adjustments arising from passage of time, other provisions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIMember_cfb30c68-9cff-425c-86db-dff2200cf993_terseLabel_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Americas Infrastructure Fund </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIMember_label_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries with material noncontrolling interests Brookfield Infrastructre Fund I [member] </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIMember_documentation_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Infrastructre Fund I </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIMember" xlink:href="bepc-20231231.xsd#bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIMember" xlink:to="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructreFundIMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GainRecognisedInBargainPurchaseTransaction_45c198d2-cd86-4802-bc71-14752edc6f02_terseLabel_en-US" xlink:label="lab_ifrs-full_GainRecognisedInBargainPurchaseTransaction" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gain on bargain purchase </link:label>
<link:label id="lab_ifrs-full_GainRecognisedInBargainPurchaseTransaction_label_en-US" xlink:label="lab_ifrs-full_GainRecognisedInBargainPurchaseTransaction" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gain recognised in bargain purchase transaction </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainRecognisedInBargainPurchaseTransaction" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainRecognisedInBargainPurchaseTransaction"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainRecognisedInBargainPurchaseTransaction" xlink:to="lab_ifrs-full_GainRecognisedInBargainPurchaseTransaction" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CashProceedsFromContributionsOfPartnership_4bef3483-d400-4b25-be0d-c12d4f526f2b_terseLabel_en-US" xlink:label="lab_bepc_CashProceedsFromContributionsOfPartnership" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Capital repaid to non-controlling interests </link:label>
<link:label id="lab_bepc_CashProceedsFromContributionsOfPartnership_label_en-US" xlink:label="lab_bepc_CashProceedsFromContributionsOfPartnership" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash Proceeds From Contributions Of Partnership </link:label>
<link:label id="lab_bepc_CashProceedsFromContributionsOfPartnership_documentation_en-US" xlink:label="lab_bepc_CashProceedsFromContributionsOfPartnership" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash Proceeds From Contributions Of Partnership </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CashProceedsFromContributionsOfPartnership" xlink:href="bepc-20231231.xsd#bepc_CashProceedsFromContributionsOfPartnership"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CashProceedsFromContributionsOfPartnership" xlink:to="lab_bepc_CashProceedsFromContributionsOfPartnership" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_PowerPurchaseAgreementGlhaMember_d4d68820-1a8d-41cb-9c98-3df79a87a8c2_terseLabel_en-US" xlink:label="lab_bepc_PowerPurchaseAgreementGlhaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Power purchase agreement GLHA </link:label>
<link:label id="lab_bepc_PowerPurchaseAgreementGlhaMember_label_en-US" xlink:label="lab_bepc_PowerPurchaseAgreementGlhaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Power purchase agreement Great Lakes Holding America [Member] </link:label>
<link:label id="lab_bepc_PowerPurchaseAgreementGlhaMember_documentation_en-US" xlink:label="lab_bepc_PowerPurchaseAgreementGlhaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Power purchase agreement Great Lakes Holding America </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_PowerPurchaseAgreementGlhaMember" xlink:href="bepc-20231231.xsd#bepc_PowerPurchaseAgreementGlhaMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_PowerPurchaseAgreementGlhaMember" xlink:to="lab_bepc_PowerPurchaseAgreementGlhaMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_fcd7f112-f8a9-40a7-983f-d22a890352a7_terseLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Liabilities directly associated with assets held for sale </link:label>
<link:label id="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_label_en-US" xlink:label="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Liabilities included in disposal groups classified as held for sale </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory_b1d05dbe-dcef-420c-a63f-21d10fb949c2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of assets and liabilities measured and disclosed at fair value classified by the fair value hierarchy </link:label>
<link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of fair value measurement of assets [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_UsefulLivesPropertyPlantAndEquipment_6f173063-b450-4fc7-93b2-961a447ee4cb_verboseLabel_en-US" xlink:label="lab_bepc_UsefulLivesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Estimated service lives </link:label>
<link:label id="lab_bepc_UsefulLivesPropertyPlantAndEquipment_61181906-82fe-4fcb-8caa-b293c4be7a6a_terseLabel_en-US" xlink:label="lab_bepc_UsefulLivesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Useful Lives, Property, Plant And Equipment </link:label>
<link:label id="lab_bepc_UsefulLivesPropertyPlantAndEquipment_label_en-US" xlink:label="lab_bepc_UsefulLivesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Useful Lives, Property, Plant And Equipment </link:label>
<link:label id="lab_bepc_UsefulLivesPropertyPlantAndEquipment_documentation_en-US" xlink:label="lab_bepc_UsefulLivesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Useful Lives, Property, Plant And Equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_UsefulLivesPropertyPlantAndEquipment" xlink:href="bepc-20231231.xsd#bepc_UsefulLivesPropertyPlantAndEquipment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_UsefulLivesPropertyPlantAndEquipment" xlink:to="lab_bepc_UsefulLivesPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IsagenSaEspMember_316f2df8-a9e3-4262-84a4-f00a27787282_terseLabel_en-US" xlink:label="lab_bepc_IsagenSaEspMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Isagen S.A. E.S.P. </link:label>
<link:label id="lab_bepc_IsagenSaEspMember_label_en-US" xlink:label="lab_bepc_IsagenSaEspMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Isagen S.A. E.S.P. [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IsagenSaEspMember" xlink:href="bepc-20231231.xsd#bepc_IsagenSaEspMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IsagenSaEspMember" xlink:to="lab_bepc_IsagenSaEspMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_InvestmentsChangeInBasisOfAccounting_ad522901-3d29-4310-bcc6-d1b2dc563661_terseLabel_en-US" xlink:label="lab_bepc_InvestmentsChangeInBasisOfAccounting" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change in basis of accounting </link:label>
<link:label id="lab_bepc_InvestmentsChangeInBasisOfAccounting_label_en-US" xlink:label="lab_bepc_InvestmentsChangeInBasisOfAccounting" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investments, Change In Basis Of Accounting </link:label>
<link:label id="lab_bepc_InvestmentsChangeInBasisOfAccounting_documentation_en-US" xlink:label="lab_bepc_InvestmentsChangeInBasisOfAccounting" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investments, Change In Basis Of Accounting </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_InvestmentsChangeInBasisOfAccounting" xlink:href="bepc-20231231.xsd#bepc_InvestmentsChangeInBasisOfAccounting"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_InvestmentsChangeInBasisOfAccounting" xlink:to="lab_bepc_InvestmentsChangeInBasisOfAccounting" xlink:type="arc" order="1"/>
<link:label id="lab_dei_ContactPersonnelName_b71a9f02-16ec-4c4e-8386-4e2cba4fb862_terseLabel_en-US" xlink:label="lab_dei_ContactPersonnelName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contact Personnel Name </link:label>
<link:label id="lab_dei_ContactPersonnelName_label_en-US" xlink:label="lab_dei_ContactPersonnelName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contact Personnel Name </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_ContactPersonnelName" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_ContactPersonnelName"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_ContactPersonnelName" xlink:to="lab_dei_ContactPersonnelName" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_SubsidiariesMember_c6081a52-8c0f-4553-b80e-0117d99499d2_terseLabel_en-US" xlink:label="lab_ifrs-full_SubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Sudsidiary </link:label>
<link:label id="lab_ifrs-full_SubsidiariesMember_label_en-US" xlink:label="lab_ifrs-full_SubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SubsidiariesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SubsidiariesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SubsidiariesMember" xlink:to="lab_ifrs-full_SubsidiariesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CollateralDepositReceivablesCurrent_282e3a7b-be8b-4d75-bf71-e24e3dc25c07_terseLabel_en-US" xlink:label="lab_bepc_CollateralDepositReceivablesCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Collateral deposits </link:label>
<link:label id="lab_bepc_CollateralDepositReceivablesCurrent_label_en-US" xlink:label="lab_bepc_CollateralDepositReceivablesCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Collateral Deposit Receivables, Current </link:label>
<link:label id="lab_bepc_CollateralDepositReceivablesCurrent_documentation_en-US" xlink:label="lab_bepc_CollateralDepositReceivablesCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Collateral Deposit Receivables, Current </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CollateralDepositReceivablesCurrent" xlink:href="bepc-20231231.xsd#bepc_CollateralDepositReceivablesCurrent"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CollateralDepositReceivablesCurrent" xlink:to="lab_bepc_CollateralDepositReceivablesCurrent" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_FinancialInstrumentsAtFairValueThroughProfitOrLossMember_74159035-f189-4307-8c07-45b4e91546bf_terseLabel_en-US" xlink:label="lab_bepc_FinancialInstrumentsAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Fair value through profit & loss </link:label>
<link:label id="lab_bepc_FinancialInstrumentsAtFairValueThroughProfitOrLossMember_label_en-US" xlink:label="lab_bepc_FinancialInstrumentsAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Instruments At Fair Value Through Profit Or Loss [Member] </link:label>
<link:label id="lab_bepc_FinancialInstrumentsAtFairValueThroughProfitOrLossMember_documentation_en-US" xlink:label="lab_bepc_FinancialInstrumentsAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Instruments At Fair Value Through Profit Or Loss </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_FinancialInstrumentsAtFairValueThroughProfitOrLossMember" xlink:href="bepc-20231231.xsd#bepc_FinancialInstrumentsAtFairValueThroughProfitOrLossMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_FinancialInstrumentsAtFairValueThroughProfitOrLossMember" xlink:to="lab_bepc_FinancialInstrumentsAtFairValueThroughProfitOrLossMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Major components of tax expense (income) [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:to="lab_ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OtherIncomeOther_34563133-80e3-49fe-bd61-4969e1cfe867_terseLabel_en-US" xlink:label="lab_bepc_OtherIncomeOther" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bepc_OtherIncomeOther_label_en-US" xlink:label="lab_bepc_OtherIncomeOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Income, Other </link:label>
<link:label id="lab_bepc_OtherIncomeOther_documentation_en-US" xlink:label="lab_bepc_OtherIncomeOther" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Income, Other </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OtherIncomeOther" xlink:href="bepc-20231231.xsd#bepc_OtherIncomeOther"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OtherIncomeOther" xlink:to="lab_bepc_OtherIncomeOther" xlink:type="arc" order="1"/>
<link:label id="lab_dei_DocumentRegistrationStatement_79f1b988-235e-4eef-a055-c86aa7ca8ca3_terseLabel_en-US" xlink:label="lab_dei_DocumentRegistrationStatement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Registration Statement </link:label>
<link:label id="lab_dei_DocumentRegistrationStatement_label_en-US" xlink:label="lab_dei_DocumentRegistrationStatement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Registration Statement </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_DocumentRegistrationStatement" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentRegistrationStatement"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentRegistrationStatement" xlink:to="lab_dei_DocumentRegistrationStatement" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityAddressAddressLine1_e519b151-f123-4222-ac45-f8f3c6aafb9e_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Address, Address Line One </link:label>
<link:label id="lab_dei_EntityAddressAddressLine1_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Address, Address Line One </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine1"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityAddressAddressLine2_45dc7163-45c6-43fe-ade9-aa65bbd4ee79_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Address, Address Line Two </link:label>
<link:label id="lab_dei_EntityAddressAddressLine2_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Address, Address Line Two </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine2" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine2"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine2" xlink:to="lab_dei_EntityAddressAddressLine2" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q42023USDistributionGenerationRefinancing2025Member_9a589cdd-9837-49b0-aec0-cfb17c32c021_terseLabel_en-US" xlink:label="lab_bepc_Q42023USDistributionGenerationRefinancing2025Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Distribution Generation, Refinancing, 2025 </link:label>
<link:label id="lab_bepc_Q42023USDistributionGenerationRefinancing2025Member_label_en-US" xlink:label="lab_bepc_Q42023USDistributionGenerationRefinancing2025Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Distribution Generation, Refinancing, 2025 [Member] </link:label>
<link:label id="lab_bepc_Q42023USDistributionGenerationRefinancing2025Member_documentation_en-US" xlink:label="lab_bepc_Q42023USDistributionGenerationRefinancing2025Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Distribution Generation, Refinancing, 2025 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q42023USDistributionGenerationRefinancing2025Member" xlink:href="bepc-20231231.xsd#bepc_Q42023USDistributionGenerationRefinancing2025Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q42023USDistributionGenerationRefinancing2025Member" xlink:to="lab_bepc_Q42023USDistributionGenerationRefinancing2025Member" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable_ec6608ea-b5f8-44b3-9ca7-87e40e1a4c51_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of financial instruments by type of interest rate [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of financial instruments by type of interest rate [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ShareSettlementLiabilitiesRelatedPartyTransactions_6724b896-967a-4991-a119-a07551873b64_terseLabel_en-US" xlink:label="lab_bepc_ShareSettlementLiabilitiesRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share-settlement liability </link:label>
<link:label id="lab_bepc_ShareSettlementLiabilitiesRelatedPartyTransactions_label_en-US" xlink:label="lab_bepc_ShareSettlementLiabilitiesRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Settlement, Liabilities, Related Party Transactions </link:label>
<link:label id="lab_bepc_ShareSettlementLiabilitiesRelatedPartyTransactions_documentation_en-US" xlink:label="lab_bepc_ShareSettlementLiabilitiesRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Settlement, Liabilities, Related Party Transactions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ShareSettlementLiabilitiesRelatedPartyTransactions" xlink:href="bepc-20231231.xsd#bepc_ShareSettlementLiabilitiesRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ShareSettlementLiabilitiesRelatedPartyTransactions" xlink:to="lab_bepc_ShareSettlementLiabilitiesRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_A2021UnitedStatesRevolvingCreditFacilityMember_0a3bf831-bd14-4cb2-9f3b-770304515744_terseLabel_en-US" xlink:label="lab_bepc_A2021UnitedStatesRevolvingCreditFacilityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 2021 United States Revolving Credit Facility </link:label>
<link:label id="lab_bepc_A2021UnitedStatesRevolvingCreditFacilityMember_label_en-US" xlink:label="lab_bepc_A2021UnitedStatesRevolvingCreditFacilityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 2021 United States Revolving Credit Facility [Member] </link:label>
<link:label id="lab_bepc_A2021UnitedStatesRevolvingCreditFacilityMember_documentation_en-US" xlink:label="lab_bepc_A2021UnitedStatesRevolvingCreditFacilityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 2021 United States Revolving Credit Facility </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_A2021UnitedStatesRevolvingCreditFacilityMember" xlink:href="bepc-20231231.xsd#bepc_A2021UnitedStatesRevolvingCreditFacilityMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_A2021UnitedStatesRevolvingCreditFacilityMember" xlink:to="lab_bepc_A2021UnitedStatesRevolvingCreditFacilityMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ClassesOfAssetsMember_c07c8b1c-2e69-458f-97d4-3f747f96df7f_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Assets [member] </link:label>
<link:label id="lab_ifrs-full_ClassesOfAssetsMember_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Assets [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfAssetsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsMember" xlink:to="lab_ifrs-full_ClassesOfAssetsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory_43a7f156-7074-470d-91a4-1cadfe0ba22b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> OTHER LONG-TERM ASSETS </link:label>
<link:label id="lab_ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of other non-current assets [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentLeaseLiabilities_b5d8cf0c-84b7-4eaf-9dac-69f7cb2163d0_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current portion of lease liabilities </link:label>
<link:label id="lab_ifrs-full_CurrentLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current lease liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentLeaseLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLeaseLiabilities" xlink:to="lab_ifrs-full_CurrentLeaseLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_TaxEffectOfExpenseBenefitNotDeductibleInDeterminingTaxableProfitTaxLoss_46529c6c-74e2-4d19-b554-89ea443a0871_negatedLabel_en-US" xlink:label="lab_bepc_TaxEffectOfExpenseBenefitNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-deductible expenses </link:label>
<link:label id="lab_bepc_TaxEffectOfExpenseBenefitNotDeductibleInDeterminingTaxableProfitTaxLoss_label_en-US" xlink:label="lab_bepc_TaxEffectOfExpenseBenefitNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Tax Effect of Expense (Benefit) Not Deductible in Determining Taxable Profit (Tax Loss) </link:label>
<link:label id="lab_bepc_TaxEffectOfExpenseBenefitNotDeductibleInDeterminingTaxableProfitTaxLoss_documentation_en-US" xlink:label="lab_bepc_TaxEffectOfExpenseBenefitNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Tax Effect of Expense (Benefit) Not Deductible in Determining Taxable Profit (Tax Loss) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_TaxEffectOfExpenseBenefitNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:href="bepc-20231231.xsd#bepc_TaxEffectOfExpenseBenefitNotDeductibleInDeterminingTaxableProfitTaxLoss"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_TaxEffectOfExpenseBenefitNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:to="lab_bepc_TaxEffectOfExpenseBenefitNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_d4b8bbe4-580e-410d-bf62-a9e12c738dc9_verboseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about borrowings [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_33bf4e68-0c6c-4df7-9dba-a32ecde281ac_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about borrowings [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about borrowings [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OtherNonControllingInterestsMember_6ef02ca4-3b93-4538-b29f-306f32614515_terseLabel_en-US" xlink:label="lab_bepc_OtherNonControllingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Non-Controlling Interests </link:label>
<link:label id="lab_bepc_OtherNonControllingInterestsMember_label_en-US" xlink:label="lab_bepc_OtherNonControllingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Non-Controlling Interests [Member] </link:label>
<link:label id="lab_bepc_OtherNonControllingInterestsMember_documentation_en-US" xlink:label="lab_bepc_OtherNonControllingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Non-Controlling Interests </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OtherNonControllingInterestsMember" xlink:href="bepc-20231231.xsd#bepc_OtherNonControllingInterestsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OtherNonControllingInterestsMember" xlink:to="lab_bepc_OtherNonControllingInterestsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BaseManagementFeeExpenses_e7debd27-508c-4982-8e03-36962afd9151_terseLabel_en-US" xlink:label="lab_bepc_BaseManagementFeeExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Base management fee </link:label>
<link:label id="lab_bepc_BaseManagementFeeExpenses_label_en-US" xlink:label="lab_bepc_BaseManagementFeeExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Base Management Fee Expenses </link:label>
<link:label id="lab_bepc_BaseManagementFeeExpenses_documentation_en-US" xlink:label="lab_bepc_BaseManagementFeeExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Base Management Fee Expenses </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BaseManagementFeeExpenses" xlink:href="bepc-20231231.xsd#bepc_BaseManagementFeeExpenses"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BaseManagementFeeExpenses" xlink:to="lab_bepc_BaseManagementFeeExpenses" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_EnergyDerivativeContractsMember_82e78a49-5c44-4734-ba35-4a1924040dd8_terseLabel_en-US" xlink:label="lab_bepc_EnergyDerivativeContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Energy derivative contracts </link:label>
<link:label id="lab_bepc_EnergyDerivativeContractsMember_label_en-US" xlink:label="lab_bepc_EnergyDerivativeContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Energy Derivative Contracts [Member] </link:label>
<link:label id="lab_bepc_EnergyDerivativeContractsMember_documentation_en-US" xlink:label="lab_bepc_EnergyDerivativeContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Energy Derivative Contracts </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_EnergyDerivativeContractsMember" xlink:href="bepc-20231231.xsd#bepc_EnergyDerivativeContractsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_EnergyDerivativeContractsMember" xlink:to="lab_bepc_EnergyDerivativeContractsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProfitLossAttributableToAbstract_69a6f297-94e9-411a-8f38-e4caa85254dd_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Net income (loss) attributable to: </link:label>
<link:label id="lab_ifrs-full_ProfitLossAttributableToAbstract_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Profit (loss), attributable to [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAttributableToAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProfitLossAttributableToAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToAbstract" xlink:to="lab_ifrs-full_ProfitLossAttributableToAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AcquisitionsThroughAssetAcquisitionPropertyPlantAndEquipment_0e239f1c-6d14-4afb-877c-dc9c5b05e176_terseLabel_en-US" xlink:label="lab_bepc_AcquisitionsThroughAssetAcquisitionPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisitions through asset acquisitions </link:label>
<link:label id="lab_bepc_AcquisitionsThroughAssetAcquisitionPropertyPlantAndEquipment_label_en-US" xlink:label="lab_bepc_AcquisitionsThroughAssetAcquisitionPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisitions through asset acquisition, property, plant and equipment </link:label>
<link:label id="lab_bepc_AcquisitionsThroughAssetAcquisitionPropertyPlantAndEquipment_documentation_en-US" xlink:label="lab_bepc_AcquisitionsThroughAssetAcquisitionPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisitions through asset acquisition, property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AcquisitionsThroughAssetAcquisitionPropertyPlantAndEquipment" xlink:href="bepc-20231231.xsd#bepc_AcquisitionsThroughAssetAcquisitionPropertyPlantAndEquipment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AcquisitionsThroughAssetAcquisitionPropertyPlantAndEquipment" xlink:to="lab_bepc_AcquisitionsThroughAssetAcquisitionPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BrookfieldReinsuranceAndAssociatesMember_316e2677-09e0-4224-80b2-1e5aa206bfcd_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldReinsuranceAndAssociatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Reinsurance and associates </link:label>
<link:label id="lab_bepc_BrookfieldReinsuranceAndAssociatesMember_label_en-US" xlink:label="lab_bepc_BrookfieldReinsuranceAndAssociatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Reinsurance and Associates [Member] </link:label>
<link:label id="lab_bepc_BrookfieldReinsuranceAndAssociatesMember_documentation_en-US" xlink:label="lab_bepc_BrookfieldReinsuranceAndAssociatesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Reinsurance and Associates </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BrookfieldReinsuranceAndAssociatesMember" xlink:href="bepc-20231231.xsd#bepc_BrookfieldReinsuranceAndAssociatesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BrookfieldReinsuranceAndAssociatesMember" xlink:to="lab_bepc_BrookfieldReinsuranceAndAssociatesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BrookfieldRenewableMember_a7260265-9ce7-4895-8187-f19c0029f191_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldRenewableMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Renewable </link:label>
<link:label id="lab_bepc_BrookfieldRenewableMember_label_en-US" xlink:label="lab_bepc_BrookfieldRenewableMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Renewable [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BrookfieldRenewableMember" xlink:href="bepc-20231231.xsd#bepc_BrookfieldRenewableMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BrookfieldRenewableMember" xlink:to="lab_bepc_BrookfieldRenewableMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_1df3d225-8f5e-4f0f-9532-9a5967fae7d6_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Operating activities </link:label>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows from (used in) operating activities [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NotLaterThanOneYearMember_4eb7b6ff-c88d-4a38-88fd-eaf30ec39108_verboseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Less than 1 year </link:label>
<link:label id="lab_ifrs-full_NotLaterThanOneYearMember_2ca5ae15-bcd1-49d1-9aea-34fd45581794_terseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 2022 </link:label>
<link:label id="lab_ifrs-full_NotLaterThanOneYearMember_label_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Not later than one year [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotLaterThanOneYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NotLaterThanOneYearMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotLaterThanOneYearMember" xlink:to="lab_ifrs-full_NotLaterThanOneYearMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_6199e935-a8ae-48fe-89ac-42b688878cf3_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Leases </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for leases [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfCashAndCashEquivalentsTableTableTextBlock_7b31db9c-b571-4286-b224-5fd289bf7e3f_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfCashAndCashEquivalentsTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of cash and cash equivalents </link:label>
<link:label id="lab_bepc_DisclosureOfCashAndCashEquivalentsTableTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfCashAndCashEquivalentsTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Cash And Cash Equivalents Table [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfCashAndCashEquivalentsTableTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfCashAndCashEquivalentsTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of cash and cash equivalents table lead in </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfCashAndCashEquivalentsTableTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfCashAndCashEquivalentsTableTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfCashAndCashEquivalentsTableTableTextBlock" xlink:to="lab_bepc_DisclosureOfCashAndCashEquivalentsTableTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_815ec473-89a1-4ba4-8753-196abb21ee95_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unrealized gain (loss) on foreign exchange swaps – net investment hedge </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income, net of tax, hedges of net investments in foreign operations </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DescriptionOfAccountingPolicyForCapitalizedCostsExplanatoryPolicyTextBlock_d51e403d-3a16-497f-aa26-5fed535f72fc_terseLabel_en-US" xlink:label="lab_bepc_DescriptionOfAccountingPolicyForCapitalizedCostsExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Capitalized costs </link:label>
<link:label id="lab_bepc_DescriptionOfAccountingPolicyForCapitalizedCostsExplanatoryPolicyTextBlock_label_en-US" xlink:label="lab_bepc_DescriptionOfAccountingPolicyForCapitalizedCostsExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description Of Accounting Policy For Capitalized Costs Explanatory [Policy Text Block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DescriptionOfAccountingPolicyForCapitalizedCostsExplanatoryPolicyTextBlock" xlink:href="bepc-20231231.xsd#bepc_DescriptionOfAccountingPolicyForCapitalizedCostsExplanatoryPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DescriptionOfAccountingPolicyForCapitalizedCostsExplanatoryPolicyTextBlock" xlink:to="lab_bepc_DescriptionOfAccountingPolicyForCapitalizedCostsExplanatoryPolicyTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_d6817972-46c4-40e3-8839-2ecb347e7333_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income (loss) that may be reclassified to net income </link:label>
<link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Components of other comprehensive income that will be reclassified to profit or loss, net of tax [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentAssets_f76d7fc1-942b-4f39-9c41-fb6a735f17be_totalLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total current assets </link:label>
<link:label id="lab_ifrs-full_CurrentAssets_label_en-US" xlink:label="lab_ifrs-full_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssets" xlink:to="lab_ifrs-full_CurrentAssets" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ClassCNonVotingSharesMember_5c2b23a4-423d-4ca9-8cb9-ce109c09cf8e_terseLabel_en-US" xlink:label="lab_bepc_ClassCNonVotingSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class C Non-Voting Shares </link:label>
<link:label id="lab_bepc_ClassCNonVotingSharesMember_label_en-US" xlink:label="lab_bepc_ClassCNonVotingSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class C Non-Voting Shares [Member] </link:label>
<link:label id="lab_bepc_ClassCNonVotingSharesMember_documentation_en-US" xlink:label="lab_bepc_ClassCNonVotingSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Class C Non-Voting Shares </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ClassCNonVotingSharesMember" xlink:href="bepc-20231231.xsd#bepc_ClassCNonVotingSharesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ClassCNonVotingSharesMember" xlink:to="lab_bepc_ClassCNonVotingSharesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_FundsFromOperationsReconciliationTableTextBlock_de65d0bd-9c50-408d-b6bc-0f073593bc26_terseLabel_en-US" xlink:label="lab_bepc_FundsFromOperationsReconciliationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of adjusted EBITDA and funds from operations </link:label>
<link:label id="lab_bepc_FundsFromOperationsReconciliationTableTextBlock_label_en-US" xlink:label="lab_bepc_FundsFromOperationsReconciliationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Funds From Operations Reconciliation [Table Text Block] </link:label>
<link:label id="lab_bepc_FundsFromOperationsReconciliationTableTextBlock_documentation_en-US" xlink:label="lab_bepc_FundsFromOperationsReconciliationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Funds from operations reconciliation to net income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_FundsFromOperationsReconciliationTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_FundsFromOperationsReconciliationTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_FundsFromOperationsReconciliationTableTextBlock" xlink:to="lab_bepc_FundsFromOperationsReconciliationTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_LongTermDebtAndCreditFacilitiesAbstract_label_en-US" xlink:label="lab_bepc_LongTermDebtAndCreditFacilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> LONG-TERM DEBT AND CREDIT FACILITIES [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_LongTermDebtAndCreditFacilitiesAbstract" xlink:href="bepc-20231231.xsd#bepc_LongTermDebtAndCreditFacilitiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_LongTermDebtAndCreditFacilitiesAbstract" xlink:to="lab_bepc_LongTermDebtAndCreditFacilitiesAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BPBrazilUSSubcoLLCMember_b193afb4-5508-4608-abf9-ef63b2240e71_terseLabel_en-US" xlink:label="lab_bepc_BPBrazilUSSubcoLLCMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BP Brazil US Subco LLC </link:label>
<link:label id="lab_bepc_BPBrazilUSSubcoLLCMember_label_en-US" xlink:label="lab_bepc_BPBrazilUSSubcoLLCMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BP Brazil US Subco LLC [Member] </link:label>
<link:label id="lab_bepc_BPBrazilUSSubcoLLCMember_documentation_en-US" xlink:label="lab_bepc_BPBrazilUSSubcoLLCMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BP Brazil US Subco LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BPBrazilUSSubcoLLCMember" xlink:href="bepc-20231231.xsd#bepc_BPBrazilUSSubcoLLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BPBrazilUSSubcoLLCMember" xlink:to="lab_bepc_BPBrazilUSSubcoLLCMember" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityAddressesAddressTypeAxis_077738e4-7f5b-4e3f-acf7-ed9ce5cfa580_terseLabel_en-US" xlink:label="lab_dei_EntityAddressesAddressTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Addresses, Address Type [Axis] </link:label>
<link:label id="lab_dei_EntityAddressesAddressTypeAxis_label_en-US" xlink:label="lab_dei_EntityAddressesAddressTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Addresses, Address Type [Axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressesAddressTypeAxis" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressesAddressTypeAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressesAddressTypeAxis" xlink:to="lab_dei_EntityAddressesAddressTypeAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisposalGroupIncludingDiscontinuedOperationConsideration1_10a5d82c-b1ee-4534-b464-24a790992644_terseLabel_en-US" xlink:label="lab_bepc_DisposalGroupIncludingDiscontinuedOperationConsideration1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proceeds </link:label>
<link:label id="lab_bepc_DisposalGroupIncludingDiscontinuedOperationConsideration1_label_en-US" xlink:label="lab_bepc_DisposalGroupIncludingDiscontinuedOperationConsideration1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal Group, Including Discontinued Operation, Consideration1 </link:label>
<link:label id="lab_bepc_DisposalGroupIncludingDiscontinuedOperationConsideration1_documentation_en-US" xlink:label="lab_bepc_DisposalGroupIncludingDiscontinuedOperationConsideration1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal Group, Including Discontinued Operation, Consideration1 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisposalGroupIncludingDiscontinuedOperationConsideration1" xlink:href="bepc-20231231.xsd#bepc_DisposalGroupIncludingDiscontinuedOperationConsideration1"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisposalGroupIncludingDiscontinuedOperationConsideration1" xlink:to="lab_bepc_DisposalGroupIncludingDiscontinuedOperationConsideration1" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CurrentTradeReceivablesPercent_e13296f8-f45b-4f9c-9f89-96cae9a77ee7_terseLabel_en-US" xlink:label="lab_bepc_CurrentTradeReceivablesPercent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> % of trade receivables that is current </link:label>
<link:label id="lab_bepc_CurrentTradeReceivablesPercent_label_en-US" xlink:label="lab_bepc_CurrentTradeReceivablesPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current Trade Receivables Percent </link:label>
<link:label id="lab_bepc_CurrentTradeReceivablesPercent_documentation_en-US" xlink:label="lab_bepc_CurrentTradeReceivablesPercent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Percent of current trade receivables </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CurrentTradeReceivablesPercent" xlink:href="bepc-20231231.xsd#bepc_CurrentTradeReceivablesPercent"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CurrentTradeReceivablesPercent" xlink:to="lab_bepc_CurrentTradeReceivablesPercent" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidations_a9b56660-f7f1-4f46-9b2f-a769491d6991_negatedTerseLabel_en-US" xlink:label="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidations" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share of Funds From Operations attributable to non-controlling interests </link:label>
<link:label id="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidations_label_en-US" xlink:label="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Noncontrolling Interest, Decrease From Deconsolidations </link:label>
<link:label id="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidations_documentation_en-US" xlink:label="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Noncontrolling Interest, Decrease From Deconsolidations </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NoncontrollingInterestDecreaseFromDeconsolidations" xlink:href="bepc-20231231.xsd#bepc_NoncontrollingInterestDecreaseFromDeconsolidations"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NoncontrollingInterestDecreaseFromDeconsolidations" xlink:to="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidations" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_8093cd09-7cb7-4434-8cbe-398033d82f7b_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted cash </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for restricted cash and cash equivalents [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityCommonStockSharesOutstanding_8e2a8a5b-8daf-42d3-9884-2779b2d438c1_terseLabel_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Common Stock, Shares Outstanding </link:label>
<link:label id="lab_dei_EntityCommonStockSharesOutstanding_label_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Common Stock, Shares Outstanding </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityCommonStockSharesOutstanding" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCommonStockSharesOutstanding"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCommonStockSharesOutstanding" xlink:to="lab_dei_EntityCommonStockSharesOutstanding" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable_a64bdddc-86e8-4713-a8ea-e3d10b2d2eb9_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of classes of share capital [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of classes of share capital [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ReconciliationOfChangesInConstructionInProgressAbstract_67bc9f05-5226-4311-a37b-cbe3e4cc4ea9_terseLabel_en-US" xlink:label="lab_bepc_ReconciliationOfChangesInConstructionInProgressAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reconciliation of changes in construction in progress [Abstract] </link:label>
<link:label id="lab_bepc_ReconciliationOfChangesInConstructionInProgressAbstract_label_en-US" xlink:label="lab_bepc_ReconciliationOfChangesInConstructionInProgressAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reconciliation of Changes in Construction in Progress [Abstract] </link:label>
<link:label id="lab_bepc_ReconciliationOfChangesInConstructionInProgressAbstract_documentation_en-US" xlink:label="lab_bepc_ReconciliationOfChangesInConstructionInProgressAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reconciliation of Changes in Construction in Progress </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ReconciliationOfChangesInConstructionInProgressAbstract" xlink:href="bepc-20231231.xsd#bepc_ReconciliationOfChangesInConstructionInProgressAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ReconciliationOfChangesInConstructionInProgressAbstract" xlink:to="lab_bepc_ReconciliationOfChangesInConstructionInProgressAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherProvisionsMember_2165a61b-b4ad-49bb-991e-ad0e95335ab6_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other provisions [member] </link:label>
<link:label id="lab_ifrs-full_OtherProvisionsMember_label_en-US" xlink:label="lab_ifrs-full_OtherProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other provisions [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherProvisionsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherProvisionsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherProvisionsMember" xlink:to="lab_ifrs-full_OtherProvisionsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities_15e0b2f7-76f5-4256-b624-a2c680e4acfb_terseLabel_en-US" xlink:label="lab_ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of future repayments of debt obligations, for each of the next five years </link:label>
<link:label id="lab_ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of maturity analysis for non-derivative financial liabilities [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities" xlink:to="lab_ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_ccaa085b-8fd2-41ee-ac05-17dc138b36b2_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisitions through business combinations </link:label>
<link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisitions through business combinations, property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q42023USHydro0.0616Refinancing2032Member_e29bd58e-c4eb-4e5e-951e-1071fca38fa8_terseLabel_en-US" xlink:label="lab_bepc_Q42023USHydro0.0616Refinancing2032Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Hydro, 0.0616, Refinancing, 2032 </link:label>
<link:label id="lab_bepc_Q42023USHydro0.0616Refinancing2032Member_label_en-US" xlink:label="lab_bepc_Q42023USHydro0.0616Refinancing2032Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Hydro, 0.0616, Refinancing, 2032 [Member] </link:label>
<link:label id="lab_bepc_Q42023USHydro0.0616Refinancing2032Member_documentation_en-US" xlink:label="lab_bepc_Q42023USHydro0.0616Refinancing2032Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Hydro, 0.0616, Refinancing, 2032 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q42023USHydro0.0616Refinancing2032Member" xlink:href="bepc-20231231.xsd#bepc_Q42023USHydro0.0616Refinancing2032Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q42023USHydro0.0616Refinancing2032Member" xlink:to="lab_bepc_Q42023USHydro0.0616Refinancing2032Member" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q32023BrazilWindCDIFinancing2047Member_15c1bafe-3fd0-4768-9cdd-65543c037f67_terseLabel_en-US" xlink:label="lab_bepc_Q32023BrazilWindCDIFinancing2047Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q3 2023, Brazil, Wind, CDI, Financing, 2047 </link:label>
<link:label id="lab_bepc_Q32023BrazilWindCDIFinancing2047Member_label_en-US" xlink:label="lab_bepc_Q32023BrazilWindCDIFinancing2047Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q3 2023, Brazil, Wind, CDI, Financing, 2047 [Member] </link:label>
<link:label id="lab_bepc_Q32023BrazilWindCDIFinancing2047Member_documentation_en-US" xlink:label="lab_bepc_Q32023BrazilWindCDIFinancing2047Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q3 2023, Brazil, Wind, CDI, Financing, 2047 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q32023BrazilWindCDIFinancing2047Member" xlink:href="bepc-20231231.xsd#bepc_Q32023BrazilWindCDIFinancing2047Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q32023BrazilWindCDIFinancing2047Member" xlink:to="lab_bepc_Q32023BrazilWindCDIFinancing2047Member" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityAddressStateOrProvince_218b643c-c558-4ac5-bb60-72396a605836_terseLabel_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Address, State or Province </link:label>
<link:label id="lab_dei_EntityAddressStateOrProvince_label_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Address, State or Province </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressStateOrProvince"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressStateOrProvince" xlink:to="lab_dei_EntityAddressStateOrProvince" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q42023USDistributionGenerationRefinancing2024Member_9532f7dd-1c05-4c85-9364-d474f91b2f5c_terseLabel_en-US" xlink:label="lab_bepc_Q42023USDistributionGenerationRefinancing2024Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Distribution Generation, Refinancing, 2024 </link:label>
<link:label id="lab_bepc_Q42023USDistributionGenerationRefinancing2024Member_label_en-US" xlink:label="lab_bepc_Q42023USDistributionGenerationRefinancing2024Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Distribution Generation, Refinancing, 2024 [Member] </link:label>
<link:label id="lab_bepc_Q42023USDistributionGenerationRefinancing2024Member_documentation_en-US" xlink:label="lab_bepc_Q42023USDistributionGenerationRefinancing2024Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Distribution Generation, Refinancing, 2024 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q42023USDistributionGenerationRefinancing2024Member" xlink:href="bepc-20231231.xsd#bepc_Q42023USDistributionGenerationRefinancing2024Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q42023USDistributionGenerationRefinancing2024Member" xlink:to="lab_bepc_Q42023USDistributionGenerationRefinancing2024Member" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DividendPayables_56ad7e91-b364-4d6d-8e39-71a1641d4cd4_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendPayables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends declared </link:label>
<link:label id="lab_ifrs-full_DividendPayables_label_en-US" xlink:label="lab_ifrs-full_DividendPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividend payables </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendPayables"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendPayables" xlink:to="lab_ifrs-full_DividendPayables" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CashObligations_b08e4be1-543e-407b-834b-fc186973409d_totalLabel_en-US" xlink:label="lab_bepc_CashObligations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total </link:label>
<link:label id="lab_bepc_CashObligations_label_en-US" xlink:label="lab_bepc_CashObligations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash Obligations </link:label>
<link:label id="lab_bepc_CashObligations_documentation_en-US" xlink:label="lab_bepc_CashObligations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contractual undiscounted cash flows </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CashObligations" xlink:href="bepc-20231231.xsd#bepc_CashObligations"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CashObligations" xlink:to="lab_bepc_CashObligations" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_737a833e-0374-4afd-9866-09dbb3a8139c_verboseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign exchange translation and other </link:label>
<link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (losses) on exchange differences on translation of foreign operations, net of tax </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_UncontractedMember_3b8491bd-b1c5-4f40-b7cd-db072afbb2fd_terseLabel_en-US" xlink:label="lab_bepc_UncontractedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Uncontracted </link:label>
<link:label id="lab_bepc_UncontractedMember_label_en-US" xlink:label="lab_bepc_UncontractedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Uncontracted [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_UncontractedMember" xlink:href="bepc-20231231.xsd#bepc_UncontractedMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_UncontractedMember" xlink:to="lab_bepc_UncontractedMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DamsMember_63e98b98-8aef-4c53-b731-b255a845c286_terseLabel_en-US" xlink:label="lab_bepc_DamsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dams </link:label>
<link:label id="lab_bepc_DamsMember_label_en-US" xlink:label="lab_bepc_DamsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dams [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DamsMember" xlink:href="bepc-20231231.xsd#bepc_DamsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DamsMember" xlink:to="lab_bepc_DamsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_BorrowingsInterestRate_b129ad3f-32bd-4d51-9d3e-e34a906894f1_verboseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest rate (%) </link:label>
<link:label id="lab_ifrs-full_BorrowingsInterestRate_b4b4cfdb-976f-45af-b0a9-1ec377b76ce5_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings, interest rate </link:label>
<link:label id="lab_ifrs-full_BorrowingsInterestRate_label_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings, interest rate </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsInterestRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BorrowingsInterestRate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsInterestRate" xlink:to="lab_ifrs-full_BorrowingsInterestRate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_TypesOfInvestmentPropertyAxis_e62334e3-b221-4e64-a88e-f1258e5b1b77_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfInvestmentPropertyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Types of investment property [axis] </link:label>
<link:label id="lab_ifrs-full_TypesOfInvestmentPropertyAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfInvestmentPropertyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Types of investment property [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfInvestmentPropertyAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfInvestmentPropertyAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfInvestmentPropertyAxis" xlink:to="lab_ifrs-full_TypesOfInvestmentPropertyAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_TerraFormPowerPublicNonControllingInterestsMember_a4eb7676-99b2-41a2-8cf7-ace134366f0f_terseLabel_en-US" xlink:label="lab_bepc_TerraFormPowerPublicNonControllingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> TerraForm Power </link:label>
<link:label id="lab_bepc_TerraFormPowerPublicNonControllingInterestsMember_label_en-US" xlink:label="lab_bepc_TerraFormPowerPublicNonControllingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> TerraForm Power Public Non-Controlling Interests [Member] </link:label>
<link:label id="lab_bepc_TerraFormPowerPublicNonControllingInterestsMember_documentation_en-US" xlink:label="lab_bepc_TerraFormPowerPublicNonControllingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> TerraForm Power Public Non-Controlling Interests </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_TerraFormPowerPublicNonControllingInterestsMember" xlink:href="bepc-20231231.xsd#bepc_TerraFormPowerPublicNonControllingInterestsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_TerraFormPowerPublicNonControllingInterestsMember" xlink:to="lab_bepc_TerraFormPowerPublicNonControllingInterestsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_LimitedPartnersUnitsMember_68f918a0-fb25-4aad-9c20-490cd2877261_terseLabel_en-US" xlink:label="lab_bepc_LimitedPartnersUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> LP Units </link:label>
<link:label id="lab_bepc_LimitedPartnersUnitsMember_label_en-US" xlink:label="lab_bepc_LimitedPartnersUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Limited Partners Units [Member] </link:label>
<link:label id="lab_bepc_LimitedPartnersUnitsMember_documentation_en-US" xlink:label="lab_bepc_LimitedPartnersUnitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Limited Partners Units </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_LimitedPartnersUnitsMember" xlink:href="bepc-20231231.xsd#bepc_LimitedPartnersUnitsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_LimitedPartnersUnitsMember" xlink:to="lab_bepc_LimitedPartnersUnitsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_EquityAccountedInvestmentsRollForward_e0f29782-dfe9-44ff-818a-2cadc107a1e3_terseLabel_en-US" xlink:label="lab_bepc_EquityAccountedInvestmentsRollForward" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity Accounted Investments [Roll Forward] </link:label>
<link:label id="lab_bepc_EquityAccountedInvestmentsRollForward_label_en-US" xlink:label="lab_bepc_EquityAccountedInvestmentsRollForward" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity Accounted Investments [Roll Forward] </link:label>
<link:label id="lab_bepc_EquityAccountedInvestmentsRollForward_documentation_en-US" xlink:label="lab_bepc_EquityAccountedInvestmentsRollForward" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity Accounted Investments </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_EquityAccountedInvestmentsRollForward" xlink:href="bepc-20231231.xsd#bepc_EquityAccountedInvestmentsRollForward"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_EquityAccountedInvestmentsRollForward" xlink:to="lab_bepc_EquityAccountedInvestmentsRollForward" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Disclosuretradereceivablesandothercurrentassetsabstract_label_en-US" xlink:label="lab_bepc_Disclosuretradereceivablesandothercurrentassetsabstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Trade Receivables and Other Current Assets [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Disclosuretradereceivablesandothercurrentassetsabstract" xlink:href="bepc-20231231.xsd#bepc_Disclosuretradereceivablesandothercurrentassetsabstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Disclosuretradereceivablesandothercurrentassetsabstract" xlink:to="lab_bepc_Disclosuretradereceivablesandothercurrentassetsabstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ContracteduncontractedMemberDomain_007f078d-8878-43a5-8f21-e97f924b64a8_terseLabel_en-US" xlink:label="lab_bepc_ContracteduncontractedMemberDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contracted Uncontracted [member] </link:label>
<link:label id="lab_bepc_ContracteduncontractedMemberDomain_label_en-US" xlink:label="lab_bepc_ContracteduncontractedMemberDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contracted Uncontracted [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ContracteduncontractedMemberDomain" xlink:href="bepc-20231231.xsd#bepc_ContracteduncontractedMemberDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ContracteduncontractedMemberDomain" xlink:to="lab_bepc_ContracteduncontractedMemberDomain" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesDomain_0fe50a63-63d8-4584-bbd3-c02235f6e115_terseLabel_en-US" xlink:label="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Categories Of Financial Assets (Liabilities) [Member] </link:label>
<link:label id="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesDomain_label_en-US" xlink:label="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Categories Of Financial Assets (Liabilities) [Domain] </link:label>
<link:label id="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesDomain_documentation_en-US" xlink:label="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Categories Of Financial Assets (Liabilities) [Domain] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CategoriesOfFinancialAssetsLiabilitiesDomain" xlink:href="bepc-20231231.xsd#bepc_CategoriesOfFinancialAssetsLiabilitiesDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CategoriesOfFinancialAssetsLiabilitiesDomain" xlink:to="lab_bepc_CategoriesOfFinancialAssetsLiabilitiesDomain" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_PaymentsForDevelopmentProjectExpenditure_0eb010a2-c1fa-4827-bbb8-7522bb068e8e_terseLabel_en-US" xlink:label="lab_ifrs-full_PaymentsForDevelopmentProjectExpenditure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Payments for development project expenditure </link:label>
<link:label id="lab_ifrs-full_PaymentsForDevelopmentProjectExpenditure_label_en-US" xlink:label="lab_ifrs-full_PaymentsForDevelopmentProjectExpenditure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Payments for development project expenditure </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PaymentsForDevelopmentProjectExpenditure" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PaymentsForDevelopmentProjectExpenditure"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsForDevelopmentProjectExpenditure" xlink:to="lab_ifrs-full_PaymentsForDevelopmentProjectExpenditure" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CurrentShareLiabilities_063a38d3-3256-4bf3-955c-fd656ff89da2_terseLabel_en-US" xlink:label="lab_bepc_CurrentShareLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BEPC exchangeable and class B shares </link:label>
<link:label id="lab_bepc_CurrentShareLiabilities_label_en-US" xlink:label="lab_bepc_CurrentShareLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current Share Liabilities </link:label>
<link:label id="lab_bepc_CurrentShareLiabilities_documentation_en-US" xlink:label="lab_bepc_CurrentShareLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current Share Liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CurrentShareLiabilities" xlink:href="bepc-20231231.xsd#bepc_CurrentShareLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CurrentShareLiabilities" xlink:to="lab_bepc_CurrentShareLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BorrowingsNonCashTransferToHeldForSale_501c8b62-1d46-4eb0-a225-54e20d734bb9_terseLabel_en-US" xlink:label="lab_bepc_BorrowingsNonCashTransferToHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Transfer to Held for sale </link:label>
<link:label id="lab_bepc_BorrowingsNonCashTransferToHeldForSale_label_en-US" xlink:label="lab_bepc_BorrowingsNonCashTransferToHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings, Non-Cash, Transfer To Held-For-Sale </link:label>
<link:label id="lab_bepc_BorrowingsNonCashTransferToHeldForSale_documentation_en-US" xlink:label="lab_bepc_BorrowingsNonCashTransferToHeldForSale" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings, Non-Cash, Transfer To Held-For-Sale </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BorrowingsNonCashTransferToHeldForSale" xlink:href="bepc-20231231.xsd#bepc_BorrowingsNonCashTransferToHeldForSale"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BorrowingsNonCashTransferToHeldForSale" xlink:to="lab_bepc_BorrowingsNonCashTransferToHeldForSale" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_TerraFormPowerNYHoldingsIncMember_37c07c19-eadc-4961-984d-a04c5d65000c_terseLabel_en-US" xlink:label="lab_bepc_TerraFormPowerNYHoldingsIncMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> TerraForm Power Parent, LLC </link:label>
<link:label id="lab_bepc_TerraFormPowerNYHoldingsIncMember_label_en-US" xlink:label="lab_bepc_TerraFormPowerNYHoldingsIncMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> TerraForm Power NY Holdings, Inc [Member] </link:label>
<link:label id="lab_bepc_TerraFormPowerNYHoldingsIncMember_documentation_en-US" xlink:label="lab_bepc_TerraFormPowerNYHoldingsIncMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> TerraForm Power NY Holdings, Inc </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_TerraFormPowerNYHoldingsIncMember" xlink:href="bepc-20231231.xsd#bepc_TerraFormPowerNYHoldingsIncMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_TerraFormPowerNYHoldingsIncMember" xlink:to="lab_bepc_TerraFormPowerNYHoldingsIncMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_d70d3367-afce-477c-a4e9-ce245e871ad1_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total items that will not be reclassified to net income </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income that will not be reclassified to profit or loss, net of tax </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions_bf58b41a-5bea-43f1-8aec-7738f7d43417_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisitions through business combinations </link:label>
<link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisitions through business combinations, other provisions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions" xlink:to="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidation1_3bf171b6-52cf-42bf-96c9-c7aa37676705_negatedTerseLabel_en-US" xlink:label="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidation1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share of interest and cash taxes from equity-accounted investments </link:label>
<link:label id="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidation1_label_en-US" xlink:label="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidation1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Noncontrolling Interest, Decrease From Deconsolidation1 </link:label>
<link:label id="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidation1_documentation_en-US" xlink:label="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidation1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The amount of the reduction or elimination during the period of a noncontrolling interest resulting from the parent's loss of control and deconsolidation of the entity in which one or more outside parties had a noncontrolling interest. </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NoncontrollingInterestDecreaseFromDeconsolidation1" xlink:href="bepc-20231231.xsd#bepc_NoncontrollingInterestDecreaseFromDeconsolidation1"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NoncontrollingInterestDecreaseFromDeconsolidation1" xlink:to="lab_bepc_NoncontrollingInterestDecreaseFromDeconsolidation1" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract_05c0c8dc-25c6-4f12-bf35-606bcd20d119_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current taxes </link:label>
<link:label id="lab_ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current tax expense (income) and adjustments for current tax of prior periods [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract" xlink:to="lab_ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AdditionsConstructionInProgress_a4e158ca-543b-4d51-a027-22e876642aea_terseLabel_en-US" xlink:label="lab_bepc_AdditionsConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Additions </link:label>
<link:label id="lab_bepc_AdditionsConstructionInProgress_label_en-US" xlink:label="lab_bepc_AdditionsConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Additions, Construction in Progress </link:label>
<link:label id="lab_bepc_AdditionsConstructionInProgress_documentation_en-US" xlink:label="lab_bepc_AdditionsConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Additions, Construction in Progress </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AdditionsConstructionInProgress" xlink:href="bepc-20231231.xsd#bepc_AdditionsConstructionInProgress"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AdditionsConstructionInProgress" xlink:to="lab_bepc_AdditionsConstructionInProgress" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DesignatedAndNotDesignatedAsHedgingInstrumentsMember_30624291-79b1-47cb-b215-24541bc59c3c_terseLabel_en-US" xlink:label="lab_bepc_DesignatedAndNotDesignatedAsHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Designated and not Designated as Hedging Instruments </link:label>
<link:label id="lab_bepc_DesignatedAndNotDesignatedAsHedgingInstrumentsMember_label_en-US" xlink:label="lab_bepc_DesignatedAndNotDesignatedAsHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Designated And Not Designated As Hedging Instruments [Member] </link:label>
<link:label id="lab_bepc_DesignatedAndNotDesignatedAsHedgingInstrumentsMember_documentation_en-US" xlink:label="lab_bepc_DesignatedAndNotDesignatedAsHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Designated And Not Designated As Hedging Instruments </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DesignatedAndNotDesignatedAsHedgingInstrumentsMember" xlink:href="bepc-20231231.xsd#bepc_DesignatedAndNotDesignatedAsHedgingInstrumentsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DesignatedAndNotDesignatedAsHedgingInstrumentsMember" xlink:to="lab_bepc_DesignatedAndNotDesignatedAsHedgingInstrumentsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_e531613b-0136-44f1-94b6-60e2a4eece58_terseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The partnership </link:label>
<link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Comprehensive income, attributable to owners of parent </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RoyaltiesPropertyTaxesAndOther_861a16c7-4478-4d5f-81bc-5ad53a7e5921_negatedTerseLabel_en-US" xlink:label="lab_bepc_RoyaltiesPropertyTaxesAndOther" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Water royalties, property taxes and other regulatory fees </link:label>
<link:label id="lab_bepc_RoyaltiesPropertyTaxesAndOther_label_en-US" xlink:label="lab_bepc_RoyaltiesPropertyTaxesAndOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Royalties Property Taxes And Other </link:label>
<link:label id="lab_bepc_RoyaltiesPropertyTaxesAndOther_documentation_en-US" xlink:label="lab_bepc_RoyaltiesPropertyTaxesAndOther" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Water royalties, property taxes and other expenses </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RoyaltiesPropertyTaxesAndOther" xlink:href="bepc-20231231.xsd#bepc_RoyaltiesPropertyTaxesAndOther"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_RoyaltiesPropertyTaxesAndOther" xlink:to="lab_bepc_RoyaltiesPropertyTaxesAndOther" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AssetsAndLiabilitiesMember_e2b466c9-0197-4d3e-839c-4891798025f8_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Assets and liabilities [member] </link:label>
<link:label id="lab_ifrs-full_AssetsAndLiabilitiesMember_label_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Assets and liabilities [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAndLiabilitiesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AssetsAndLiabilitiesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAndLiabilitiesMember" xlink:to="lab_ifrs-full_AssetsAndLiabilitiesMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of subsidiaries [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_b30632bb-f043-42b6-af17-e9b1ea2c2740_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Less: non-current </link:label>
<link:label id="lab_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_c6a98af3-95f4-49da-a730-7f33466171cf_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted cash </link:label>
<link:label id="lab_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current restricted cash and cash equivalents </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncurrentRestrictedCashAndCashEquivalents"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:to="lab_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfBorrowingsExplanatory_4c13cf74-1cf9-4940-ba09-321685865e41_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BORROWINGS </link:label>
<link:label id="lab_ifrs-full_DisclosureOfBorrowingsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of borrowings [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfBorrowingsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q42023USWindSOFRFinancing2034Member_99189a97-10cc-4e91-b7fb-cb3290330eb2_terseLabel_en-US" xlink:label="lab_bepc_Q42023USWindSOFRFinancing2034Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Wind, SOFR, Financing, 2034 </link:label>
<link:label id="lab_bepc_Q42023USWindSOFRFinancing2034Member_label_en-US" xlink:label="lab_bepc_Q42023USWindSOFRFinancing2034Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Wind, SOFR, Financing, 2034 [Member] </link:label>
<link:label id="lab_bepc_Q42023USWindSOFRFinancing2034Member_documentation_en-US" xlink:label="lab_bepc_Q42023USWindSOFRFinancing2034Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Wind, SOFR, Financing, 2034 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q42023USWindSOFRFinancing2034Member" xlink:href="bepc-20231231.xsd#bepc_Q42023USWindSOFRFinancing2034Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q42023USWindSOFRFinancing2034Member" xlink:to="lab_bepc_Q42023USWindSOFRFinancing2034Member" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncome_21ebff49-bb3a-48b9-955f-4ae41e057f82_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncome" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred income tax (recovery) expense </link:label>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncome_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax expense (income) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeferredTaxExpenseIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncome" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncome" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BorrowingsForAssetAcquisitions_d0fd58c1-9d3b-4e94-aaa7-a0b5b1a203ff_terseLabel_en-US" xlink:label="lab_bepc_BorrowingsForAssetAcquisitions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings acquired through asset acquisitions </link:label>
<link:label id="lab_bepc_BorrowingsForAssetAcquisitions_label_en-US" xlink:label="lab_bepc_BorrowingsForAssetAcquisitions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings For Asset Acquisitions </link:label>
<link:label id="lab_bepc_BorrowingsForAssetAcquisitions_documentation_en-US" xlink:label="lab_bepc_BorrowingsForAssetAcquisitions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings For Asset Acquisitions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BorrowingsForAssetAcquisitions" xlink:href="bepc-20231231.xsd#bepc_BorrowingsForAssetAcquisitions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BorrowingsForAssetAcquisitions" xlink:to="lab_bepc_BorrowingsForAssetAcquisitions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfSignificantInterestRateBenchmarksToWhichEntitysHedgingRelationshipsAreExposedExplanatory_8d0be01e-fbd9-4a52-a310-e82ab5c2aafb_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInterestRateBenchmarksToWhichEntitysHedgingRelationshipsAreExposedExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of significant interest rate benchmarks to which entity's hedging relationships are exposed [text block] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfSignificantInterestRateBenchmarksToWhichEntitysHedgingRelationshipsAreExposedExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInterestRateBenchmarksToWhichEntitysHedgingRelationshipsAreExposedExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of significant interest rate benchmarks to which entity's hedging relationships are exposed [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInterestRateBenchmarksToWhichEntitysHedgingRelationshipsAreExposedExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfSignificantInterestRateBenchmarksToWhichEntitysHedgingRelationshipsAreExposedExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInterestRateBenchmarksToWhichEntitysHedgingRelationshipsAreExposedExplanatory" xlink:to="lab_ifrs-full_DisclosureOfSignificantInterestRateBenchmarksToWhichEntitysHedgingRelationshipsAreExposedExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_420da2d0-1b37-4bb9-9f1e-cbd9b8defc4e_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property, plant and equipment and revaluation method </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for property, plant and equipment [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness_e414467b-6b5b-4b30-94eb-ccbb1a0d173a_terseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness </link:label>
<link:label id="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness_label_en-US" xlink:label="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:to="lab_ifrs-full_GainLossOnChangeInFairValueOfHedgedItemUsedAsBasisForRecognisingHedgeIneffectiveness" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NonControllingInterestAbstract_label_en-US" xlink:label="lab_bepc_NonControllingInterestAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non Controlling Interest [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NonControllingInterestAbstract" xlink:href="bepc-20231231.xsd#bepc_NonControllingInterestAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NonControllingInterestAbstract" xlink:to="lab_bepc_NonControllingInterestAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DeferredTaxLiabilities_1c687c88-72cd-4e7e-a802-ec9e7022c545_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred income tax liabilities </link:label>
<link:label id="lab_ifrs-full_DeferredTaxLiabilities_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeferredTaxLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxLiabilities" xlink:to="lab_ifrs-full_DeferredTaxLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NonCurrentRegulatoryLiability_aac791ba-e11c-4dce-92c5-77b3364ad7f6_terseLabel_en-US" xlink:label="lab_bepc_NonCurrentRegulatoryLiability" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Regulatory liabilities </link:label>
<link:label id="lab_bepc_NonCurrentRegulatoryLiability_label_en-US" xlink:label="lab_bepc_NonCurrentRegulatoryLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current Regulatory Liability </link:label>
<link:label id="lab_bepc_NonCurrentRegulatoryLiability_documentation_en-US" xlink:label="lab_bepc_NonCurrentRegulatoryLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current Regulatory Liability </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NonCurrentRegulatoryLiability" xlink:href="bepc-20231231.xsd#bepc_NonCurrentRegulatoryLiability"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NonCurrentRegulatoryLiability" xlink:to="lab_bepc_NonCurrentRegulatoryLiability" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ImpactOfRiskAxis_1d8b37fc-cd81-4c60-9d6e-0a910b4f43f9_terseLabel_en-US" xlink:label="lab_bepc_ImpactOfRiskAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Risk [Axis] </link:label>
<link:label id="lab_bepc_ImpactOfRiskAxis_label_en-US" xlink:label="lab_bepc_ImpactOfRiskAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Risk [Axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ImpactOfRiskAxis" xlink:href="bepc-20231231.xsd#bepc_ImpactOfRiskAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ImpactOfRiskAxis" xlink:to="lab_bepc_ImpactOfRiskAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes_4e4a7a0d-f7a1-4913-a1d0-04b775034c11_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Relating to change in tax rates / imposition of new tax laws </link:label>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax expense (income) relating to tax rate changes or imposition of new taxes </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesAbstract_a0d7195c-87db-4e2d-bde5-d92d655641c5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Liabilities measured at fair value: </link:label>
<link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of fair value measurement of liabilities [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesAbstract" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_RevenueFromContractsWithCustomers_5692030a-f751-4a12-9ce7-fb690d902d7e_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revenue from contracts with customers </link:label>
<link:label id="lab_ifrs-full_RevenueFromContractsWithCustomers_label_en-US" xlink:label="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revenue from contracts with customers </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromContractsWithCustomers" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RevenueFromContractsWithCustomers"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromContractsWithCustomers" xlink:to="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AdjustedEbitda_936b2c32-f4bc-4db9-ae38-a92298113d12_totalLabel_en-US" xlink:label="lab_bepc_AdjustedEbitda" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Adjusted EBITDA </link:label>
<link:label id="lab_bepc_AdjustedEbitda_label_en-US" xlink:label="lab_bepc_AdjustedEbitda" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Adjusted EBITDA </link:label>
<link:label id="lab_bepc_AdjustedEbitda_documentation_en-US" xlink:label="lab_bepc_AdjustedEbitda" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Adjusted EBITDA </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AdjustedEbitda" xlink:href="bepc-20231231.xsd#bepc_AdjustedEbitda"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AdjustedEbitda" xlink:to="lab_bepc_AdjustedEbitda" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_BottomOfRangeMember_c8db6b22-910d-4c83-99c3-fea5bf20e709_terseLabel_en-US" xlink:label="lab_ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Bottom of range </link:label>
<link:label id="lab_ifrs-full_BottomOfRangeMember_label_en-US" xlink:label="lab_ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Bottom of range [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BottomOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BottomOfRangeMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BottomOfRangeMember" xlink:to="lab_ifrs-full_BottomOfRangeMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DiscountRateMember_586aad40-ebab-479b-bff6-98d0da39b2d6_terseLabel_en-US" xlink:label="lab_bepc_DiscountRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Discount rate </link:label>
<link:label id="lab_bepc_DiscountRateMember_label_en-US" xlink:label="lab_bepc_DiscountRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Discount rate [member] </link:label>
<link:label id="lab_bepc_DiscountRateMember_documentation_en-US" xlink:label="lab_bepc_DiscountRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Discount rate </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DiscountRateMember" xlink:href="bepc-20231231.xsd#bepc_DiscountRateMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DiscountRateMember" xlink:to="lab_bepc_DiscountRateMember" xlink:type="arc" order="1"/>
<link:label id="lab_currency_COP_678a74e9-2858-40d5-b95a-cca38477df60_terseLabel_en-US" xlink:label="lab_currency_COP" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Colombian peso </link:label>
<link:label id="lab_currency_COP_label_en-US" xlink:label="lab_currency_COP" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Colombia, Pesos </link:label>
<link:loc xlink:type="locator" xlink:label="loc_currency_COP" xlink:href="https://xbrl.sec.gov/currency/2023/currency-2023.xsd#currency_COP"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_COP" xlink:to="lab_currency_COP" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Capitalization_250a27d5-b609-44a8-9986-d3c184e7e4e8_terseLabel_en-US" xlink:label="lab_bepc_Capitalization" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total capitalization </link:label>
<link:label id="lab_bepc_Capitalization_label_en-US" xlink:label="lab_bepc_Capitalization" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Capitalization </link:label>
<link:label id="lab_bepc_Capitalization_documentation_en-US" xlink:label="lab_bepc_Capitalization" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Capitalization of equity and debt </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Capitalization" xlink:href="bepc-20231231.xsd#bepc_Capitalization"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Capitalization" xlink:to="lab_bepc_Capitalization" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfCashObligationsExplanatoryTableTextBlock_5eae200d-cf16-4060-97a1-e09d8823359a_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfCashObligationsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary to classifies the cash obligations </link:label>
<link:label id="lab_bepc_DisclosureOfCashObligationsExplanatoryTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfCashObligationsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Cash Obligations Explanatory [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfCashObligationsExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfCashObligationsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Classification the cash obligations related to Brookfield Renewables liabilities into relevant maturity groupings </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfCashObligationsExplanatoryTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfCashObligationsExplanatoryTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfCashObligationsExplanatoryTableTextBlock" xlink:to="lab_bepc_DisclosureOfCashObligationsExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfInvestmentsAccountedForUsingEquityMethodContinuityTableTextBlock_dd00af2a-ed3c-4971-bfeb-3da2d42b1554_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfInvestmentsAccountedForUsingEquityMethodContinuityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of equity-accounted investments </link:label>
<link:label id="lab_bepc_DisclosureOfInvestmentsAccountedForUsingEquityMethodContinuityTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfInvestmentsAccountedForUsingEquityMethodContinuityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Investments Accounted For Using Equity Method Continuity [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfInvestmentsAccountedForUsingEquityMethodContinuityTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfInvestmentsAccountedForUsingEquityMethodContinuityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Investments Accounted For Using Equity Method Continuity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfInvestmentsAccountedForUsingEquityMethodContinuityTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfInvestmentsAccountedForUsingEquityMethodContinuityTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfInvestmentsAccountedForUsingEquityMethodContinuityTableTextBlock" xlink:to="lab_bepc_DisclosureOfInvestmentsAccountedForUsingEquityMethodContinuityTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityFilerCategory_40229c49-e4a6-4908-ad3f-73f54d3b3dae_terseLabel_en-US" xlink:label="lab_dei_EntityFilerCategory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Filer Category </link:label>
<link:label id="lab_dei_EntityFilerCategory_label_en-US" xlink:label="lab_dei_EntityFilerCategory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Filer Category </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityFilerCategory" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFilerCategory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFilerCategory" xlink:to="lab_dei_EntityFilerCategory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OrdinarySharesMember_4bfd0f38-5f64-4f8d-92aa-d1cf07e0aba2_terseLabel_en-US" xlink:label="lab_ifrs-full_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ordinary shares </link:label>
<link:label id="lab_ifrs-full_OrdinarySharesMember_label_en-US" xlink:label="lab_ifrs-full_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ordinary shares [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OrdinarySharesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OrdinarySharesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OrdinarySharesMember" xlink:to="lab_ifrs-full_OrdinarySharesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundIVMember_4685d635-e0cc-477d-83bb-ef2ca6037de6_terseLabel_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundIVMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Infrastructure Fund IV </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundIVMember_label_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundIVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries With Material Noncontrolling Interests Brookfield Infrastructure Fund IV [Member] </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundIVMember_documentation_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundIVMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries With Material Noncontrolling Interests Brookfield Infrastructure Fund IV [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundIVMember" xlink:href="bepc-20231231.xsd#bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundIVMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundIVMember" xlink:to="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsBrookfieldInfrastructureFundIVMember" xlink:type="arc" order="1"/>
<link:label id="lab_dei_CurrentFiscalYearEndDate_d30bfa81-ecf5-4606-9022-08f64d58a902_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current Fiscal Year End Date </link:label>
<link:label id="lab_dei_CurrentFiscalYearEndDate_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current Fiscal Year End Date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_CurrentFiscalYearEndDate" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CurrentFiscalYearEndDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate" xlink:to="lab_dei_CurrentFiscalYearEndDate" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssetsLineItems_d4df05db-f1fa-4596-be83-5c93a31ad494_terseLabel_en-US" xlink:label="lab_bepc_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property Plant and Equipment carrying amount at cost of revalued assets [Line Items] </link:label>
<link:label id="lab_bepc_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssetsLineItems_label_en-US" xlink:label="lab_bepc_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property Plant and Equipment carrying amount at cost of revalued assets [Line Items] </link:label>
<link:label id="lab_bepc_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssetsLineItems_documentation_en-US" xlink:label="lab_bepc_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Property Plant and Equipment carrying amount at cost of revalued assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssetsLineItems" xlink:href="bepc-20231231.xsd#bepc_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssetsLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssetsLineItems" xlink:to="lab_bepc_PropertyPlantAndEquipmentCarryingAmountAtCostOfRevaluedAssetsLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ReductionIncreaseResultingFromAbstract_a44be64b-ff7b-4637-a078-4b3d72033159_terseLabel_en-US" xlink:label="lab_bepc_ReductionIncreaseResultingFromAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reduction (increase) resulting from: </link:label>
<link:label id="lab_bepc_ReductionIncreaseResultingFromAbstract_label_en-US" xlink:label="lab_bepc_ReductionIncreaseResultingFromAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> (Reduction) increase resulting from [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ReductionIncreaseResultingFromAbstract" xlink:href="bepc-20231231.xsd#bepc_ReductionIncreaseResultingFromAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ReductionIncreaseResultingFromAbstract" xlink:to="lab_bepc_ReductionIncreaseResultingFromAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration_fa8c027a-72d0-4662-9814-cad673442de6_terseLabel_en-US" xlink:label="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Measurement period adjustments recognised for particular assets, liabilities, non-controlling interests or items of consideration </link:label>
<link:label id="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration_label_en-US" xlink:label="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Measurement period adjustments recognised for particular assets, liabilities, non-controlling interests or items of consideration </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:to="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:type="arc" order="1"/>
<link:label id="lab_dei_AddressTypeDomain_a8d1b852-98bf-436d-a585-c1b624cc2fc8_terseLabel_en-US" xlink:label="lab_dei_AddressTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Address Type [Domain] </link:label>
<link:label id="lab_dei_AddressTypeDomain_label_en-US" xlink:label="lab_dei_AddressTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Address Type [Domain] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_AddressTypeDomain" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AddressTypeDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AddressTypeDomain" xlink:to="lab_dei_AddressTypeDomain" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q42023USHydro0.0775Refinancing2033Member_cd04f6bc-83eb-48f5-bbe5-e526b5c3f73a_terseLabel_en-US" xlink:label="lab_bepc_Q42023USHydro0.0775Refinancing2033Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Hydro, 0.0775, Refinancing, 2033 </link:label>
<link:label id="lab_bepc_Q42023USHydro0.0775Refinancing2033Member_label_en-US" xlink:label="lab_bepc_Q42023USHydro0.0775Refinancing2033Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Hydro, 0.0775, Refinancing, 2033 [Member] </link:label>
<link:label id="lab_bepc_Q42023USHydro0.0775Refinancing2033Member_documentation_en-US" xlink:label="lab_bepc_Q42023USHydro0.0775Refinancing2033Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, US, Hydro, 0.0775, Refinancing, 2033 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q42023USHydro0.0775Refinancing2033Member" xlink:href="bepc-20231231.xsd#bepc_Q42023USHydro0.0775Refinancing2033Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q42023USHydro0.0775Refinancing2033Member" xlink:to="lab_bepc_Q42023USHydro0.0775Refinancing2033Member" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_EffectOnProfitLoss_a50d0670-f0ad-4a31-9446-7db276dbeb74_terseLabel_en-US" xlink:label="lab_bepc_EffectOnProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Effect on net income </link:label>
<link:label id="lab_bepc_EffectOnProfitLoss_label_en-US" xlink:label="lab_bepc_EffectOnProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Effect on profit loss </link:label>
<link:label id="lab_bepc_EffectOnProfitLoss_documentation_en-US" xlink:label="lab_bepc_EffectOnProfitLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Sensitivity analysis effect on profit loss </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_EffectOnProfitLoss" xlink:href="bepc-20231231.xsd#bepc_EffectOnProfitLoss"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_EffectOnProfitLoss" xlink:to="lab_bepc_EffectOnProfitLoss" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProductsAndServicesAxis_57ae9aa2-1a8f-432c-9c2b-defb1bc182eb_terseLabel_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Products and services [axis] </link:label>
<link:label id="lab_ifrs-full_ProductsAndServicesAxis_label_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Products and services [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProductsAndServicesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProductsAndServicesAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProductsAndServicesAxis" xlink:to="lab_ifrs-full_ProductsAndServicesAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_9d94311a-a7cb-42d9-90be-b8c21ae99a2e_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Classes of property, plant and equipment [axis] </link:label>
<link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Classes of property, plant and equipment [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AdjustmentsForReconcileProfitLossAbstract_64af304c-b86c-4f07-b714-0c84249dc3b8_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Adjustments for the following non-cash items: </link:label>
<link:label id="lab_ifrs-full_AdjustmentsForReconcileProfitLossAbstract_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Adjustments to reconcile profit (loss) [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForReconcileProfitLossAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:to="lab_ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OwnershipNumberOfSharesOwned_5f4c5385-b965-4f6b-8d6f-3239b6ba02e4_terseLabel_en-US" xlink:label="lab_bepc_OwnershipNumberOfSharesOwned" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ownership, number of shares (in shares) </link:label>
<link:label id="lab_bepc_OwnershipNumberOfSharesOwned_label_en-US" xlink:label="lab_bepc_OwnershipNumberOfSharesOwned" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ownership, Number Of Shares Owned </link:label>
<link:label id="lab_bepc_OwnershipNumberOfSharesOwned_documentation_en-US" xlink:label="lab_bepc_OwnershipNumberOfSharesOwned" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ownership, Number Of Shares Owned </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OwnershipNumberOfSharesOwned" xlink:href="bepc-20231231.xsd#bepc_OwnershipNumberOfSharesOwned"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OwnershipNumberOfSharesOwned" xlink:to="lab_bepc_OwnershipNumberOfSharesOwned" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_HedgedItemAssetsLiability_c119590e-254a-4aea-b126-17e74ebbbb6c_terseLabel_en-US" xlink:label="lab_bepc_HedgedItemAssetsLiability" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Carrying amount (asset/(liability)) </link:label>
<link:label id="lab_bepc_HedgedItemAssetsLiability_label_en-US" xlink:label="lab_bepc_HedgedItemAssetsLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hedged Item Assets Liability </link:label>
<link:label id="lab_bepc_HedgedItemAssetsLiability_documentation_en-US" xlink:label="lab_bepc_HedgedItemAssetsLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> he amount of a hedged item, recognised as an asset or liability </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_HedgedItemAssetsLiability" xlink:href="bepc-20231231.xsd#bepc_HedgedItemAssetsLiability"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_HedgedItemAssetsLiability" xlink:to="lab_bepc_HedgedItemAssetsLiability" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DividendsClassifiedAsExpense_6d065f21-34b3-40b4-bd85-aec062852272_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DividendsClassifiedAsExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends on class A exchangeable share </link:label>
<link:label id="lab_ifrs-full_DividendsClassifiedAsExpense_label_en-US" xlink:label="lab_ifrs-full_DividendsClassifiedAsExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends classified as expense </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsClassifiedAsExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendsClassifiedAsExpense"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsClassifiedAsExpense" xlink:to="lab_ifrs-full_DividendsClassifiedAsExpense" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_EstimatedFutureElectricityPrices_67d24dfe-c117-4665-ae3d-c7f3c3912057_terseLabel_en-US" xlink:label="lab_bepc_EstimatedFutureElectricityPrices" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Estimates of future electricity prices </link:label>
<link:label id="lab_bepc_EstimatedFutureElectricityPrices_label_en-US" xlink:label="lab_bepc_EstimatedFutureElectricityPrices" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Estimated Future Electricity Prices </link:label>
<link:label id="lab_bepc_EstimatedFutureElectricityPrices_documentation_en-US" xlink:label="lab_bepc_EstimatedFutureElectricityPrices" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Estimated Future Electricity Prices </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_EstimatedFutureElectricityPrices" xlink:href="bepc-20231231.xsd#bepc_EstimatedFutureElectricityPrices"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_EstimatedFutureElectricityPrices" xlink:to="lab_bepc_EstimatedFutureElectricityPrices" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory_c00d48e5-a44c-400f-b062-9032c99bb9c5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> CAPITAL MANAGEMENT </link:label>
<link:label id="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of objectives, policies and processes for managing capital [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory" xlink:to="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncreaseDecreaseInRestrictedCashCashEquivalentsAndOtherClassifiedAsInvestingActivities_b2358f91-00f9-4f9c-897b-599fc292ccfd_negatedTerseLabel_en-US" xlink:label="lab_bepc_IncreaseDecreaseInRestrictedCashCashEquivalentsAndOtherClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted cash and other </link:label>
<link:label id="lab_bepc_IncreaseDecreaseInRestrictedCashCashEquivalentsAndOtherClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_bepc_IncreaseDecreaseInRestrictedCashCashEquivalentsAndOtherClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) In Restricted Cash, Cash Equivalents, And Other, Classified As Investing Activities </link:label>
<link:label id="lab_bepc_IncreaseDecreaseInRestrictedCashCashEquivalentsAndOtherClassifiedAsInvestingActivities_documentation_en-US" xlink:label="lab_bepc_IncreaseDecreaseInRestrictedCashCashEquivalentsAndOtherClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) In Restricted Cash, Cash Equivalents, And Other, Classified As Investing Activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncreaseDecreaseInRestrictedCashCashEquivalentsAndOtherClassifiedAsInvestingActivities" xlink:href="bepc-20231231.xsd#bepc_IncreaseDecreaseInRestrictedCashCashEquivalentsAndOtherClassifiedAsInvestingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IncreaseDecreaseInRestrictedCashCashEquivalentsAndOtherClassifiedAsInvestingActivities" xlink:to="lab_bepc_IncreaseDecreaseInRestrictedCashCashEquivalentsAndOtherClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ElevenToTwentyYearsMember_bd87a102-7805-42e9-b92b-109a16b94ec5_terseLabel_en-US" xlink:label="lab_bepc_ElevenToTwentyYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 11 - 20 years </link:label>
<link:label id="lab_bepc_ElevenToTwentyYearsMember_label_en-US" xlink:label="lab_bepc_ElevenToTwentyYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Eleven to twenty years [Member] </link:label>
<link:label id="lab_bepc_ElevenToTwentyYearsMember_documentation_en-US" xlink:label="lab_bepc_ElevenToTwentyYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Estimates within 11-20 years </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ElevenToTwentyYearsMember" xlink:href="bepc-20231231.xsd#bepc_ElevenToTwentyYearsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ElevenToTwentyYearsMember" xlink:to="lab_bepc_ElevenToTwentyYearsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory_a022e9cc-a91a-4b20-bdc8-8c6bd108d612_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Schedule of outstanding shares </link:label>
<link:label id="lab_ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of number and weighted average remaining contractual life of outstanding share options [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfOperatingSegmentsByConsolidatedRevenueExplanatoryTableTextBlock_425d0d04-80ee-4b94-ae37-ae6e72d9988c_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfOperatingSegmentsByConsolidatedRevenueExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of consolidated revenue split by geographical region </link:label>
<link:label id="lab_bepc_DisclosureOfOperatingSegmentsByConsolidatedRevenueExplanatoryTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfOperatingSegmentsByConsolidatedRevenueExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Operating Segments By Consolidated Revenue Explanatory [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfOperatingSegmentsByConsolidatedRevenueExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfOperatingSegmentsByConsolidatedRevenueExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Operating Segments By Consolidated Revenue Explanatory </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfOperatingSegmentsByConsolidatedRevenueExplanatoryTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfOperatingSegmentsByConsolidatedRevenueExplanatoryTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfOperatingSegmentsByConsolidatedRevenueExplanatoryTableTextBlock" xlink:to="lab_bepc_DisclosureOfOperatingSegmentsByConsolidatedRevenueExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfLimitedPartnersEquityLineItems_bfd54b38-264b-44d0-aa3c-e1626bcd1507_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfLimitedPartnersEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of limited partners equity [Line Items] </link:label>
<link:label id="lab_bepc_DisclosureOfLimitedPartnersEquityLineItems_label_en-US" xlink:label="lab_bepc_DisclosureOfLimitedPartnersEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of limited partners equity [Line Items] </link:label>
<link:label id="lab_bepc_DisclosureOfLimitedPartnersEquityLineItems_documentation_en-US" xlink:label="lab_bepc_DisclosureOfLimitedPartnersEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of limited partners equity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfLimitedPartnersEquityLineItems" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfLimitedPartnersEquityLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfLimitedPartnersEquityLineItems" xlink:to="lab_bepc_DisclosureOfLimitedPartnersEquityLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_9b95194c-86c7-4c8a-9173-98fa2b775c9a_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (losses) arising during the year on financial instruments designated as cash-flow hedges </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income, net of tax, cash flow hedges </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_LesseeOperatingLeaseRenewalTerm1_980f7c32-8938-40c8-b7b3-14a67b9c86be_terseLabel_en-US" xlink:label="lab_bepc_LesseeOperatingLeaseRenewalTerm1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> One time lease renewal term </link:label>
<link:label id="lab_bepc_LesseeOperatingLeaseRenewalTerm1_label_en-US" xlink:label="lab_bepc_LesseeOperatingLeaseRenewalTerm1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Lessee, Operating Lease, Renewal Term1 </link:label>
<link:label id="lab_bepc_LesseeOperatingLeaseRenewalTerm1_documentation_en-US" xlink:label="lab_bepc_LesseeOperatingLeaseRenewalTerm1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Lessee, Operating Lease, Renewal Term1 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_LesseeOperatingLeaseRenewalTerm1" xlink:href="bepc-20231231.xsd#bepc_LesseeOperatingLeaseRenewalTerm1"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_LesseeOperatingLeaseRenewalTerm1" xlink:to="lab_bepc_LesseeOperatingLeaseRenewalTerm1" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTableTableTextBlock_b9ab66e8-1b06-452d-b633-65323e79ca30_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of strategy </link:label>
<link:label id="lab_bepc_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTableTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Objectives Policies And Processes For Managing Capital Table [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTableTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of objectives policies and processes for managing capital table lead in </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTableTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTableTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTableTableTextBlock" xlink:to="lab_bepc_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTableTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable_91cd2c65-67f9-4db1-a8ac-45a662bf74ee_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of risk management strategy related to hedge accounting [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of risk management strategy related to hedge accounting [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:to="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:type="arc" order="1"/>
<link:label id="lab_currency_EUR_fd0c73cd-8437-4def-a4b5-9ecc5af67ec7_terseLabel_en-US" xlink:label="lab_currency_EUR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Euro </link:label>
<link:label id="lab_currency_EUR_label_en-US" xlink:label="lab_currency_EUR" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Euro Member Countries, Euro </link:label>
<link:loc xlink:type="locator" xlink:label="loc_currency_EUR" xlink:href="https://xbrl.sec.gov/currency/2023/currency-2023.xsd#currency_EUR"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_EUR" xlink:to="lab_currency_EUR" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OperatingAndUnderConstructionAssetsPowerCapacity_3faa4a4d-14e8-4a21-a4d3-e7935cbd7535_terseLabel_en-US" xlink:label="lab_bepc_OperatingAndUnderConstructionAssetsPowerCapacity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Power capacity </link:label>
<link:label id="lab_bepc_OperatingAndUnderConstructionAssetsPowerCapacity_label_en-US" xlink:label="lab_bepc_OperatingAndUnderConstructionAssetsPowerCapacity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Operating and Under Construction Assets, Power Capacity </link:label>
<link:label id="lab_bepc_OperatingAndUnderConstructionAssetsPowerCapacity_documentation_en-US" xlink:label="lab_bepc_OperatingAndUnderConstructionAssetsPowerCapacity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Operating and Under Construction Assets, Power Capacity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OperatingAndUnderConstructionAssetsPowerCapacity" xlink:href="bepc-20231231.xsd#bepc_OperatingAndUnderConstructionAssetsPowerCapacity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OperatingAndUnderConstructionAssetsPowerCapacity" xlink:to="lab_bepc_OperatingAndUnderConstructionAssetsPowerCapacity" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RiskManagementAndFinancialInstrumentsAbstract_label_en-US" xlink:label="lab_bepc_RiskManagementAndFinancialInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> RISK MANAGEMENT AND FINANCIAL INSTRUMENTS [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RiskManagementAndFinancialInstrumentsAbstract" xlink:href="bepc-20231231.xsd#bepc_RiskManagementAndFinancialInstrumentsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_RiskManagementAndFinancialInstrumentsAbstract" xlink:to="lab_bepc_RiskManagementAndFinancialInstrumentsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary_9667450a-94ed-473a-88b5-5a025c7cd632_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisition through business combinations (Note 3) </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary_664c8d78-ff16-42fa-b38e-03e646103a25_verboseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisition through business combinations </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through acquisition of subsidiary, equity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets_efece376-22cf-483c-94cc-6de12fdffbfb_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal of securities </link:label>
<link:label id="lab_ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proceeds from disposal or maturity of available-for-sale financial assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" xlink:to="lab_ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ConstructionInProgress_0a4761d6-be54-4d75-bfab-6337d4400480_periodStartLabel_en-US" xlink:label="lab_ifrs-full_ConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Construction in progress, beginning balance </link:label>
<link:label id="lab_ifrs-full_ConstructionInProgress_ece2dbff-dff0-4a76-8224-f04760d336ea_periodEndLabel_en-US" xlink:label="lab_ifrs-full_ConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Construction in progress, ending balance </link:label>
<link:label id="lab_ifrs-full_ConstructionInProgress_label_en-US" xlink:label="lab_ifrs-full_ConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Construction in progress </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ConstructionInProgress" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ConstructionInProgress"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ConstructionInProgress" xlink:to="lab_ifrs-full_ConstructionInProgress" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod_b4e3ebdf-45d6-4f07-b60d-8c8d0c87ee0d_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity-accounted investments </link:label>
<link:label id="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod_88140d5e-a079-43fe-87f7-7d2293357d34_periodStartLabel_en-US" xlink:label="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Balance, beginning of year </link:label>
<link:label id="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod_f0450d58-c577-445d-993f-0e2e48ebab8c_periodEndLabel_en-US" xlink:label="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Balance, end of year </link:label>
<link:label id="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investments accounted for using equity method </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InvestmentAccountedForUsingEquityMethod"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems_6b51af9f-016b-4838-8aa7-78523c1805a4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of operating segments [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of operating segments [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NumberOfSharesExchanged_fa5dc764-2106-4f60-a1c8-b8f1db425809_terseLabel_en-US" xlink:label="lab_bepc_NumberOfSharesExchanged" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share exchanges (in shares) </link:label>
<link:label id="lab_bepc_NumberOfSharesExchanged_df088295-ea1e-4b1b-ada3-574e7cf8cb54_negatedTerseLabel_en-US" xlink:label="lab_bepc_NumberOfSharesExchanged" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share exchanges (in shares) </link:label>
<link:label id="lab_bepc_NumberOfSharesExchanged_label_en-US" xlink:label="lab_bepc_NumberOfSharesExchanged" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Number Of Shares Exchanged </link:label>
<link:label id="lab_bepc_NumberOfSharesExchanged_documentation_en-US" xlink:label="lab_bepc_NumberOfSharesExchanged" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Number Of Shares Exchanged </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NumberOfSharesExchanged" xlink:href="bepc-20231231.xsd#bepc_NumberOfSharesExchanged"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NumberOfSharesExchanged" xlink:to="lab_bepc_NumberOfSharesExchanged" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems_53a017dc-d6a5-49cf-be8b-7f57820da60a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of risk management strategy related to hedge accounting [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of risk management strategy related to hedge accounting [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ImpactOfRiskDomain_9df5879e-52e4-4218-8ea7-e7cca3535144_terseLabel_en-US" xlink:label="lab_bepc_ImpactOfRiskDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Risk [Member] </link:label>
<link:label id="lab_bepc_ImpactOfRiskDomain_1f4cfaf7-94eb-41cd-b8ec-029e9dc0e960_verboseLabel_en-US" xlink:label="lab_bepc_ImpactOfRiskDomain" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Risk [Domain] </link:label>
<link:label id="lab_bepc_ImpactOfRiskDomain_label_en-US" xlink:label="lab_bepc_ImpactOfRiskDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Risk [Domain] </link:label>
<link:label id="lab_bepc_ImpactOfRiskDomain_documentation_en-US" xlink:label="lab_bepc_ImpactOfRiskDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Risk </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ImpactOfRiskDomain" xlink:href="bepc-20231231.xsd#bepc_ImpactOfRiskDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ImpactOfRiskDomain" xlink:to="lab_bepc_ImpactOfRiskDomain" xlink:type="arc" order="1"/>
<link:label id="lab_srt_RestatementDomain_79662aa8-c8be-49b0-99b1-66e731eb5f00_terseLabel_en-US" xlink:label="lab_srt_RestatementDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revision of Prior Period [Domain] </link:label>
<link:label id="lab_srt_RestatementDomain_label_en-US" xlink:label="lab_srt_RestatementDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revision of Prior Period [Domain] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_srt_RestatementDomain" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_RestatementDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RestatementDomain" xlink:to="lab_srt_RestatementDomain" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfFinancialInformationOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock_69c1bf1d-70fd-443a-8547-53d5f98b0570_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfFinancialInformationOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of financial information of significant investments non-controlling interest in subsidiaries </link:label>
<link:label id="lab_bepc_DisclosureOfFinancialInformationOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfFinancialInformationOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Financial Information Of Significant Investments Non-Controlling Interest In Subsidiaries [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfFinancialInformationOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfFinancialInformationOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of specific financial information of significant investments that have non-controlling interest </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfFinancialInformationOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfFinancialInformationOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfFinancialInformationOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock" xlink:to="lab_bepc_DisclosureOfFinancialInformationOfSignificantInvestmentsNonControllingInterestInSubsidiariesTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RevaluationSurplusAbstract_42d62995-b9b2-4fd4-b1b6-1b8823f6befc_terseLabel_en-US" xlink:label="lab_bepc_RevaluationSurplusAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revaluation surplus </link:label>
<link:label id="lab_bepc_RevaluationSurplusAbstract_label_en-US" xlink:label="lab_bepc_RevaluationSurplusAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revaluation surplus [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RevaluationSurplusAbstract" xlink:href="bepc-20231231.xsd#bepc_RevaluationSurplusAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_RevaluationSurplusAbstract" xlink:to="lab_bepc_RevaluationSurplusAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate_b8893b6b-9be4-4757-bdf2-ccf3daaa92ce_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial instruments liabilities </link:label>
<link:label id="lab_ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial liabilities recognised as of acquisition date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_FinancialLiabilitiesRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_LiabiltiesForWhichFairValueIsDisclosedAbstract_a350a7fb-b3ba-4852-80a1-4c844b1d639a_terseLabel_en-US" xlink:label="lab_bepc_LiabiltiesForWhichFairValueIsDisclosedAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Liabilities for which fair value is disclosed: </link:label>
<link:label id="lab_bepc_LiabiltiesForWhichFairValueIsDisclosedAbstract_label_en-US" xlink:label="lab_bepc_LiabiltiesForWhichFairValueIsDisclosedAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Liabilties for which fair value is disclosed [abstract] </link:label>
<link:label id="lab_bepc_LiabiltiesForWhichFairValueIsDisclosedAbstract_documentation_en-US" xlink:label="lab_bepc_LiabiltiesForWhichFairValueIsDisclosedAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Liabilties not measured at fair value but for which fair value is disclosed </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_LiabiltiesForWhichFairValueIsDisclosedAbstract" xlink:href="bepc-20231231.xsd#bepc_LiabiltiesForWhichFairValueIsDisclosedAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_LiabiltiesForWhichFairValueIsDisclosedAbstract" xlink:to="lab_bepc_LiabiltiesForWhichFairValueIsDisclosedAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherIncome_357d45bd-4aee-4cd9-bf04-9b44c9c32ba6_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other income </link:label>
<link:label id="lab_ifrs-full_OtherIncome_cb2f5d04-6fe2-4c9d-8b3a-4c0395d87b49_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other income, net </link:label>
<link:label id="lab_ifrs-full_OtherIncome_label_en-US" xlink:label="lab_ifrs-full_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherIncome" xlink:to="lab_ifrs-full_OtherIncome" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenPublicMember_ce1dc9f2-6d2e-4e6f-b000-0881fba10f8d_terseLabel_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenPublicMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Isagen public non-controlling interests </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenPublicMember_label_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenPublicMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries With Material Non-Controlling Interests Isagen Public [Member] </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenPublicMember_documentation_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenPublicMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Isagen Public non-controlling interests </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenPublicMember" xlink:href="bepc-20231231.xsd#bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenPublicMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenPublicMember" xlink:to="lab_bepc_SubsidiariesWithMaterialNonControllingInterestsIsagenPublicMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_aca41533-3eaa-4561-9aec-14b5bb844c57_terseLabel_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Levels of fair value hierarchy [axis] </link:label>
<link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_label_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Levels of fair value hierarchy [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherCurrentReceivables_d124f1b9-6f6e-49e9-9d48-6e28d8cb58cf_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Prepaids and other </link:label>
<link:label id="lab_ifrs-full_OtherCurrentReceivables_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other current receivables </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherCurrentReceivables"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentReceivables" xlink:to="lab_ifrs-full_OtherCurrentReceivables" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncurrentProvisionsForEmployeeBenefits_43ed3607-becf-46a2-9010-23cf64b41bce_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Pension obligations </link:label>
<link:label id="lab_ifrs-full_NoncurrentProvisionsForEmployeeBenefits_label_en-US" xlink:label="lab_ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-current provisions for employee benefits </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncurrentProvisionsForEmployeeBenefits"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:to="lab_ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ShareIssueValue_cdeb05c4-3791-408a-8251-f341303dfef8_terseLabel_en-US" xlink:label="lab_bepc_ShareIssueValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share issuance </link:label>
<link:label id="lab_bepc_ShareIssueValue_label_en-US" xlink:label="lab_bepc_ShareIssueValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Issue, Value </link:label>
<link:label id="lab_bepc_ShareIssueValue_documentation_en-US" xlink:label="lab_bepc_ShareIssueValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Share Issue, Value </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ShareIssueValue" xlink:href="bepc-20231231.xsd#bepc_ShareIssueValue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ShareIssueValue" xlink:to="lab_bepc_ShareIssueValue" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_d151f4bf-ec61-4fdb-a2c1-c5d185914c13_negatedNetLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred </link:label>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_3863f63b-7424-4c83-b662-977a1757dab4_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred income tax (recovery) expense </link:label>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_1437bccf-bba7-4254-90d4-8a1d0dbe6369_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred taxes, net </link:label>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_0f29aefa-ca2b-4fbe-8f73-13ab8185ae64_verboseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Recognized in net income (loss) </link:label>
<link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax expense (income) recognised in profit or loss </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncontrollingInterests_734a9ec1-ef91-4826-9f7f-7eff121a1233_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-controlling interests </link:label>
<link:label id="lab_ifrs-full_NoncontrollingInterests_cc9a5c48-b297-4d95-9648-365ae837c6c5_periodStartLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Beginning Balance </link:label>
<link:label id="lab_ifrs-full_NoncontrollingInterests_e70affd5-d303-44eb-b9f2-356515747b0d_periodEndLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ending Balance </link:label>
<link:label id="lab_ifrs-full_NoncontrollingInterests_2eee5f39-1233-4a2e-a4b5-a4ef31e13fb6_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Carrying value of non-controlling interests </link:label>
<link:label id="lab_ifrs-full_NoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-controlling interests </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncontrollingInterests"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncontrollingInterests" xlink:to="lab_ifrs-full_NoncontrollingInterests" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_5e9cc4ba-8faf-42d2-8de0-e64eefc053cd_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Statement of changes in equity [table] </link:label>
<link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Statement of changes in equity [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_StatementOfChangesInEquityTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:to="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ProceedsFromIssuingShares_ac8c5ec0-801d-4852-a15d-367efc0b8d46_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromIssuingShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proceeds from issuing shares </link:label>
<link:label id="lab_ifrs-full_ProceedsFromIssuingShares_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromIssuingShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Proceeds from issuing shares </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromIssuingShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProceedsFromIssuingShares"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromIssuingShares" xlink:to="lab_ifrs-full_ProceedsFromIssuingShares" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureAccountsPayableAndAccuredLiabilitiesAbstract_label_en-US" xlink:label="lab_bepc_DisclosureAccountsPayableAndAccuredLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Accounts Payable and Accured Liabilities [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureAccountsPayableAndAccuredLiabilitiesAbstract" xlink:href="bepc-20231231.xsd#bepc_DisclosureAccountsPayableAndAccuredLiabilitiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureAccountsPayableAndAccuredLiabilitiesAbstract" xlink:to="lab_bepc_DisclosureAccountsPayableAndAccuredLiabilitiesAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOtherLongTermLiabilitiesAbstract_label_en-US" xlink:label="lab_bepc_DisclosureOtherLongTermLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Other Long Term Liabilities [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOtherLongTermLiabilitiesAbstract" xlink:href="bepc-20231231.xsd#bepc_DisclosureOtherLongTermLiabilitiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOtherLongTermLiabilitiesAbstract" xlink:to="lab_bepc_DisclosureOtherLongTermLiabilitiesAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CurrentAndNonCurrentDerivativeFinancialAsset_48b6267a-8c4a-4c9c-a69e-07129481832a_terseLabel_en-US" xlink:label="lab_bepc_CurrentAndNonCurrentDerivativeFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial instrument assets </link:label>
<link:label id="lab_bepc_CurrentAndNonCurrentDerivativeFinancialAsset_label_en-US" xlink:label="lab_bepc_CurrentAndNonCurrentDerivativeFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current And Non Current Derivative Financial Asset </link:label>
<link:label id="lab_bepc_CurrentAndNonCurrentDerivativeFinancialAsset_documentation_en-US" xlink:label="lab_bepc_CurrentAndNonCurrentDerivativeFinancialAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current And Non Current Derivative Financial Asset </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CurrentAndNonCurrentDerivativeFinancialAsset" xlink:href="bepc-20231231.xsd#bepc_CurrentAndNonCurrentDerivativeFinancialAsset"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CurrentAndNonCurrentDerivativeFinancialAsset" xlink:to="lab_bepc_CurrentAndNonCurrentDerivativeFinancialAsset" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisposalsOtherProvisions_55d19aee-0c58-479c-a4c7-5d080ffc9ce4_negatedLabel_en-US" xlink:label="lab_bepc_DisposalsOtherProvisions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposals </link:label>
<link:label id="lab_bepc_DisposalsOtherProvisions_label_en-US" xlink:label="lab_bepc_DisposalsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposals, Other Provisions </link:label>
<link:label id="lab_bepc_DisposalsOtherProvisions_documentation_en-US" xlink:label="lab_bepc_DisposalsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposals, Other Provisions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisposalsOtherProvisions" xlink:href="bepc-20231231.xsd#bepc_DisposalsOtherProvisions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisposalsOtherProvisions" xlink:to="lab_bepc_DisposalsOtherProvisions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_cd2cee1c-9a62-46aa-8605-dc3013c68c7b_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows from (used in) operating activities </link:label>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows from (used in) operating activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:type="arc" order="1"/>
<link:label id="lab_dei_DocumentFiscalPeriodFocus_504eb940-c6bc-4987-893f-225a9865c823_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Fiscal Period Focus </link:label>
<link:label id="lab_dei_DocumentFiscalPeriodFocus_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Fiscal Period Focus </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalPeriodFocus" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalPeriodFocus"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus" xlink:to="lab_dei_DocumentFiscalPeriodFocus" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DeferredTaxLiabilityRelatedToRevaluationSurplus_3fd9c649-2ac9-43f9-8c99-42ef13f182ea_terseLabel_en-US" xlink:label="lab_bepc_DeferredTaxLiabilityRelatedToRevaluationSurplus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax liability related to property, plant and equipment revaluations </link:label>
<link:label id="lab_bepc_DeferredTaxLiabilityRelatedToRevaluationSurplus_label_en-US" xlink:label="lab_bepc_DeferredTaxLiabilityRelatedToRevaluationSurplus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax liability related to revaluation surplus </link:label>
<link:label id="lab_bepc_DeferredTaxLiabilityRelatedToRevaluationSurplus_documentation_en-US" xlink:label="lab_bepc_DeferredTaxLiabilityRelatedToRevaluationSurplus" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax liability related to revaluation surplus </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DeferredTaxLiabilityRelatedToRevaluationSurplus" xlink:href="bepc-20231231.xsd#bepc_DeferredTaxLiabilityRelatedToRevaluationSurplus"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DeferredTaxLiabilityRelatedToRevaluationSurplus" xlink:to="lab_bepc_DeferredTaxLiabilityRelatedToRevaluationSurplus" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AnnualIncrementAsPercentOfCPI_83a84c7a-9bf2-4047-b971-86a8274e8c11_terseLabel_en-US" xlink:label="lab_bepc_AnnualIncrementAsPercentOfCPI" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Annual increment as % of CPI </link:label>
<link:label id="lab_bepc_AnnualIncrementAsPercentOfCPI_label_en-US" xlink:label="lab_bepc_AnnualIncrementAsPercentOfCPI" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Annual Increment As Percent Of CPI </link:label>
<link:label id="lab_bepc_AnnualIncrementAsPercentOfCPI_documentation_en-US" xlink:label="lab_bepc_AnnualIncrementAsPercentOfCPI" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Annual increment in power purchase agreements as % of CPI </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AnnualIncrementAsPercentOfCPI" xlink:href="bepc-20231231.xsd#bepc_AnnualIncrementAsPercentOfCPI"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AnnualIncrementAsPercentOfCPI" xlink:to="lab_bepc_AnnualIncrementAsPercentOfCPI" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForTaxRateChangesOrImpositionOfNewTaxes_d9d17009-e14e-4f85-a2dd-121a1ead317d_terseLabel_en-US" xlink:label="lab_bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForTaxRateChangesOrImpositionOfNewTaxes" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Relating to changes in tax rates / imposition of new tax laws </link:label>
<link:label id="lab_bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForTaxRateChangesOrImpositionOfNewTaxes_label_en-US" xlink:label="lab_bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForTaxRateChangesOrImpositionOfNewTaxes" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Income Tax Relating To Changes In Revaluation Surplus Of Other comprehensive Income For Tax Rate Changes Or Imposition Of New Taxes </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForTaxRateChangesOrImpositionOfNewTaxes" xlink:href="bepc-20231231.xsd#bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForTaxRateChangesOrImpositionOfNewTaxes"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForTaxRateChangesOrImpositionOfNewTaxes" xlink:to="lab_bepc_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncomeForTaxRateChangesOrImpositionOfNewTaxes" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ReconciliationOfChangesInOtherProvisionsAbstract_532cac7a-5617-4155-b8f9-e51359fc3207_terseLabel_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInOtherProvisionsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reconciliation of changes in other provisions [abstract] </link:label>
<link:label id="lab_ifrs-full_ReconciliationOfChangesInOtherProvisionsAbstract_label_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInOtherProvisionsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reconciliation of changes in other provisions [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReconciliationOfChangesInOtherProvisionsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReconciliationOfChangesInOtherProvisionsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReconciliationOfChangesInOtherProvisionsAbstract" xlink:to="lab_ifrs-full_ReconciliationOfChangesInOtherProvisionsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011_85411b81-5384-4fd1-b2d9-1fdfc550a181_verboseLabel_en-US" xlink:label="lab_ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries’ income taxed at different rates </link:label>
<link:label id="lab_ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011_label_en-US" xlink:label="lab_ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Tax effect of revenues exempt from taxation </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011" xlink:to="lab_ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_906a28c4-2486-4cea-bc11-fbfd4d3deb9f_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revenue and expense recognition </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for recognition of revenue [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:type="arc" order="1"/>
<link:label id="lab_dei_CityAreaCode_16a38434-6157-4c38-add6-c267fbed4ea4_terseLabel_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> City Area Code </link:label>
<link:label id="lab_dei_CityAreaCode_label_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> City Area Code </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode" xlink:to="lab_dei_CityAreaCode" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RestrictedCashAndCashEquivalentsCreditObligations_ad30c017-6c7f-4100-b612-2df1d0e0fb42_terseLabel_en-US" xlink:label="lab_bepc_RestrictedCashAndCashEquivalentsCreditObligations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Credit obligations </link:label>
<link:label id="lab_bepc_RestrictedCashAndCashEquivalentsCreditObligations_label_en-US" xlink:label="lab_bepc_RestrictedCashAndCashEquivalentsCreditObligations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted Cash And Cash Equivalents Credit Obligations </link:label>
<link:label id="lab_bepc_RestrictedCashAndCashEquivalentsCreditObligations_documentation_en-US" xlink:label="lab_bepc_RestrictedCashAndCashEquivalentsCreditObligations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted cash and cash equivalents credit </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RestrictedCashAndCashEquivalentsCreditObligations" xlink:href="bepc-20231231.xsd#bepc_RestrictedCashAndCashEquivalentsCreditObligations"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_RestrictedCashAndCashEquivalentsCreditObligations" xlink:to="lab_bepc_RestrictedCashAndCashEquivalentsCreditObligations" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DeferredTaxLiabilityAsset_c52c8bb3-dd5c-43b8-9407-b96fbbaa6348_periodStartLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Balance, beginning of year </link:label>
<link:label id="lab_ifrs-full_DeferredTaxLiabilityAsset_2e709349-eb6d-4d67-b63a-dace511b3e30_periodEndLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Balance, end of year </link:label>
<link:label id="lab_ifrs-full_DeferredTaxLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred tax liability (asset) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeferredTaxLiabilityAsset"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxLiabilityAsset" xlink:to="lab_ifrs-full_DeferredTaxLiabilityAsset" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ImpactOfOnePercentDecreaseMember_f7a7d2ce-8ff5-468b-ad52-373ed0bb237f_terseLabel_en-US" xlink:label="lab_bepc_ImpactOfOnePercentDecreaseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact of 1% decrease </link:label>
<link:label id="lab_bepc_ImpactOfOnePercentDecreaseMember_label_en-US" xlink:label="lab_bepc_ImpactOfOnePercentDecreaseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of One Percent decrease [Member] </link:label>
<link:label id="lab_bepc_ImpactOfOnePercentDecreaseMember_documentation_en-US" xlink:label="lab_bepc_ImpactOfOnePercentDecreaseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of One Percent decrease </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ImpactOfOnePercentDecreaseMember" xlink:href="bepc-20231231.xsd#bepc_ImpactOfOnePercentDecreaseMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ImpactOfOnePercentDecreaseMember" xlink:to="lab_bepc_ImpactOfOnePercentDecreaseMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate_c862c07b-03f2-476e-9948-561e6013aab8_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-controlling interests </link:label>
<link:label id="lab_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-controlling interest in acquiree recognised at acquisition date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" xlink:to="lab_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_dei_DocumentFiscalYearFocus_ffdde1cf-523a-4d3f-b1df-8aedffcb4560_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Fiscal Year Focus </link:label>
<link:label id="lab_dei_DocumentFiscalYearFocus_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Document Fiscal Year Focus </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalYearFocus" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalYearFocus"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus" xlink:to="lab_dei_DocumentFiscalYearFocus" xlink:type="arc" order="1"/>
<link:label id="lab_srt_SegmentGeographicalDomain_9403c0ea-9bf6-45df-9589-8f0e7ca476d6_terseLabel_en-US" xlink:label="lab_srt_SegmentGeographicalDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Geographical [Domain] </link:label>
<link:label id="lab_srt_SegmentGeographicalDomain_label_en-US" xlink:label="lab_srt_SegmentGeographicalDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Geographical [Domain] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_srt_SegmentGeographicalDomain" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_SegmentGeographicalDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_SegmentGeographicalDomain" xlink:to="lab_srt_SegmentGeographicalDomain" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncreaseDecreaseInBorrowingCapacity_5499bc27-34e7-48c0-9a24-50d183b77c41_terseLabel_en-US" xlink:label="lab_bepc_IncreaseDecreaseInBorrowingCapacity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase in borrowing capacity </link:label>
<link:label id="lab_bepc_IncreaseDecreaseInBorrowingCapacity_label_en-US" xlink:label="lab_bepc_IncreaseDecreaseInBorrowingCapacity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) in Borrowing Capacity </link:label>
<link:label id="lab_bepc_IncreaseDecreaseInBorrowingCapacity_documentation_en-US" xlink:label="lab_bepc_IncreaseDecreaseInBorrowingCapacity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) in Borrowing Capacity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncreaseDecreaseInBorrowingCapacity" xlink:href="bepc-20231231.xsd#bepc_IncreaseDecreaseInBorrowingCapacity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IncreaseDecreaseInBorrowingCapacity" xlink:to="lab_bepc_IncreaseDecreaseInBorrowingCapacity" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrencyRiskMember_c8fdea1e-29ff-447c-9241-46a4732b8767_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Currency risk </link:label>
<link:label id="lab_ifrs-full_CurrencyRiskMember_label_en-US" xlink:label="lab_ifrs-full_CurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Currency risk [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrencyRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrencyRiskMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrencyRiskMember" xlink:to="lab_ifrs-full_CurrencyRiskMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BorrowingsForNonCashDisposal_ed0d1103-f064-4069-862f-dd571ceed431_negatedTerseLabel_en-US" xlink:label="lab_bepc_BorrowingsForNonCashDisposal" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposal </link:label>
<link:label id="lab_bepc_BorrowingsForNonCashDisposal_label_en-US" xlink:label="lab_bepc_BorrowingsForNonCashDisposal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings For Non Cash Disposal </link:label>
<link:label id="lab_bepc_BorrowingsForNonCashDisposal_documentation_en-US" xlink:label="lab_bepc_BorrowingsForNonCashDisposal" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings For Non Cash Disposal </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BorrowingsForNonCashDisposal" xlink:href="bepc-20231231.xsd#bepc_BorrowingsForNonCashDisposal"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BorrowingsForNonCashDisposal" xlink:to="lab_bepc_BorrowingsForNonCashDisposal" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOtherLongTermAssetsAbstract_label_en-US" xlink:label="lab_bepc_DisclosureOtherLongTermAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Other Long Term Assets [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOtherLongTermAssetsAbstract" xlink:href="bepc-20231231.xsd#bepc_DisclosureOtherLongTermAssetsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOtherLongTermAssetsAbstract" xlink:to="lab_bepc_DisclosureOtherLongTermAssetsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentDerivativeFinancialLiabilities_c87605ba-bce3-469b-a0c6-26937b0e6ee6_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial instrument liabilities </link:label>
<link:label id="lab_ifrs-full_CurrentDerivativeFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current derivative financial liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentDerivativeFinancialLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:to="lab_ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q42023BrazilHydro0.0772Refinancing2024Member_46db6f6a-40b0-4fad-bec8-b699d197342d_terseLabel_en-US" xlink:label="lab_bepc_Q42023BrazilHydro0.0772Refinancing2024Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, Brazil, Solar, 0.0772, Refinancing, 2024 </link:label>
<link:label id="lab_bepc_Q42023BrazilHydro0.0772Refinancing2024Member_label_en-US" xlink:label="lab_bepc_Q42023BrazilHydro0.0772Refinancing2024Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, Brazil, Hydro, 0.0772, Refinancing, 2024 [Member] </link:label>
<link:label id="lab_bepc_Q42023BrazilHydro0.0772Refinancing2024Member_documentation_en-US" xlink:label="lab_bepc_Q42023BrazilHydro0.0772Refinancing2024Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, Brazil, Hydro, 0.0772, Refinancing, 2024 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q42023BrazilHydro0.0772Refinancing2024Member" xlink:href="bepc-20231231.xsd#bepc_Q42023BrazilHydro0.0772Refinancing2024Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q42023BrazilHydro0.0772Refinancing2024Member" xlink:to="lab_bepc_Q42023BrazilHydro0.0772Refinancing2024Member" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_84f84808-5363-4092-9aee-7b2f708fbc45_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through other changes, equity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsIsagenMember_d74069c7-241a-4687-8ccd-d666228be19a_terseLabel_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsIsagenMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Isagen </link:label>
<link:label id="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsIsagenMember_label_en-US" xlink:label="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsIsagenMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries with material noncontrolling interests Isagen [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsIsagenMember" xlink:href="bepc-20231231.xsd#bepc_SubsidiariesWithMaterialNoncontrollingInterestsIsagenMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SubsidiariesWithMaterialNoncontrollingInterestsIsagenMember" xlink:to="lab_bepc_SubsidiariesWithMaterialNoncontrollingInterestsIsagenMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RepaymentsOfBorrowingsWithRelatedPartiesClassifiedAsFinancingActivities_365b08f1-5c1d-482c-9381-84604e8cbb10_negatedTerseLabel_en-US" xlink:label="lab_bepc_RepaymentsOfBorrowingsWithRelatedPartiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Related party borrowings, net </link:label>
<link:label id="lab_bepc_RepaymentsOfBorrowingsWithRelatedPartiesClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_bepc_RepaymentsOfBorrowingsWithRelatedPartiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Repayments of Borrowings with Related Parties, Classified as Financing Activities </link:label>
<link:label id="lab_bepc_RepaymentsOfBorrowingsWithRelatedPartiesClassifiedAsFinancingActivities_documentation_en-US" xlink:label="lab_bepc_RepaymentsOfBorrowingsWithRelatedPartiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Repayments of Borrowings with Related Parties, Classified as Financing Activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RepaymentsOfBorrowingsWithRelatedPartiesClassifiedAsFinancingActivities" xlink:href="bepc-20231231.xsd#bepc_RepaymentsOfBorrowingsWithRelatedPartiesClassifiedAsFinancingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_RepaymentsOfBorrowingsWithRelatedPartiesClassifiedAsFinancingActivities" xlink:to="lab_bepc_RepaymentsOfBorrowingsWithRelatedPartiesClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfNonControllingInterestLineItems_edd49d49-d2c7-4356-a558-1bcfda857e6b_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfNonControllingInterestLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of Non Controlling Interest [Line Items] </link:label>
<link:label id="lab_bepc_DisclosureOfNonControllingInterestLineItems_label_en-US" xlink:label="lab_bepc_DisclosureOfNonControllingInterestLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of Non Controlling Interest [Line Items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfNonControllingInterestLineItems" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfNonControllingInterestLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfNonControllingInterestLineItems" xlink:to="lab_bepc_DisclosureOfNonControllingInterestLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_EffectOnOtherComprehensiveIncome_681d256e-2982-4781-a7a1-7a35e2e7974c_terseLabel_en-US" xlink:label="lab_bepc_EffectOnOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Effect on OCI </link:label>
<link:label id="lab_bepc_EffectOnOtherComprehensiveIncome_label_en-US" xlink:label="lab_bepc_EffectOnOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Effect on other comprehensive income </link:label>
<link:label id="lab_bepc_EffectOnOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_bepc_EffectOnOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Sensitivity analysis effect on other comprehensive income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_EffectOnOtherComprehensiveIncome" xlink:href="bepc-20231231.xsd#bepc_EffectOnOtherComprehensiveIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_EffectOnOtherComprehensiveIncome" xlink:to="lab_bepc_EffectOnOtherComprehensiveIncome" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_InterestIncomeRelatedPartyTransactions_c64cd830-2e07-4eda-8620-26cca9a052d6_terseLabel_en-US" xlink:label="lab_bepc_InterestIncomeRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest income </link:label>
<link:label id="lab_bepc_InterestIncomeRelatedPartyTransactions_label_en-US" xlink:label="lab_bepc_InterestIncomeRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest Income, Related Party Transactions </link:label>
<link:label id="lab_bepc_InterestIncomeRelatedPartyTransactions_documentation_en-US" xlink:label="lab_bepc_InterestIncomeRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest Income, Related Party Transactions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_InterestIncomeRelatedPartyTransactions" xlink:href="bepc-20231231.xsd#bepc_InterestIncomeRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_InterestIncomeRelatedPartyTransactions" xlink:to="lab_bepc_InterestIncomeRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_FutureElectricityPricesMember_fd7c7072-9604-4790-acb3-2da1ccea50d9_terseLabel_en-US" xlink:label="lab_bepc_FutureElectricityPricesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Future electricity prices </link:label>
<link:label id="lab_bepc_FutureElectricityPricesMember_label_en-US" xlink:label="lab_bepc_FutureElectricityPricesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Future Electricity Prices [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_FutureElectricityPricesMember" xlink:href="bepc-20231231.xsd#bepc_FutureElectricityPricesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_FutureElectricityPricesMember" xlink:to="lab_bepc_FutureElectricityPricesMember" xlink:type="arc" order="1"/>
<link:label id="lab_srt_OwnershipDomain_db899b97-f392-4b3f-8bbc-1de2368104a1_terseLabel_en-US" xlink:label="lab_srt_OwnershipDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ownership [Domain] </link:label>
<link:label id="lab_srt_OwnershipDomain_label_en-US" xlink:label="lab_srt_OwnershipDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ownership [Domain] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_srt_OwnershipDomain" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_OwnershipDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_OwnershipDomain" xlink:to="lab_srt_OwnershipDomain" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables_82707772-921c-4689-9d12-7b13d332880b_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other assets and liabilities </link:label>
<link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Adjustments for decrease (increase) in other operating receivables </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:to="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_BorrowingsByNameMember_9654e2b7-a00a-4d98-b483-419e8f98449e_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings by name [member] </link:label>
<link:label id="lab_ifrs-full_BorrowingsByNameMember_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings by name [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BorrowingsByNameMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameMember" xlink:to="lab_ifrs-full_BorrowingsByNameMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_3aeaa639-d404-4dd8-810b-64d9ca1810a2_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign currency translation </link:label>
<link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other comprehensive income, net of tax, exchange differences on translation of foreign operations </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_5007fe3c-3e03-493a-bac6-03b52da0da19_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> FOREIGN CURRENCY TRANSLATION </link:label>
<link:label id="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of effect of changes in foreign exchange rates [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions_36e24e6e-0006-42ab-a5da-aaf998a1ba33_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Energy purchases </link:label>
<link:label id="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Purchases of goods, related party transactions </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PurchasesOfGoodsRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:to="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ChangeInNetDerivativeLiabilityAcquisitionSettlementsAndOther_909d645b-0645-4e69-aa5a-7e6262d79561_terseLabel_en-US" xlink:label="lab_bepc_ChangeInNetDerivativeLiabilityAcquisitionSettlementsAndOther" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisitions, settlements and other </link:label>
<link:label id="lab_bepc_ChangeInNetDerivativeLiabilityAcquisitionSettlementsAndOther_label_en-US" xlink:label="lab_bepc_ChangeInNetDerivativeLiabilityAcquisitionSettlementsAndOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change in net derivative liability acquisition settlements and other </link:label>
<link:label id="lab_bepc_ChangeInNetDerivativeLiabilityAcquisitionSettlementsAndOther_documentation_en-US" xlink:label="lab_bepc_ChangeInNetDerivativeLiabilityAcquisitionSettlementsAndOther" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change in net derivative liability due to acquisition settlements and other </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ChangeInNetDerivativeLiabilityAcquisitionSettlementsAndOther" xlink:href="bepc-20231231.xsd#bepc_ChangeInNetDerivativeLiabilityAcquisitionSettlementsAndOther"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ChangeInNetDerivativeLiabilityAcquisitionSettlementsAndOther" xlink:to="lab_bepc_ChangeInNetDerivativeLiabilityAcquisitionSettlementsAndOther" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NonRecourseBorrowings_124839e5-889f-4d11-9fa6-261e814d08a8_terseLabel_en-US" xlink:label="lab_bepc_NonRecourseBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-recourse borrowings </link:label>
<link:label id="lab_bepc_NonRecourseBorrowings_59c6c50f-ed24-4d5c-a212-ec594378004f_negatedTerseLabel_en-US" xlink:label="lab_bepc_NonRecourseBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-recourse borrowings </link:label>
<link:label id="lab_bepc_NonRecourseBorrowings_a456c916-7063-48a3-a39b-6cab4ccfd5ad_totalLabel_en-US" xlink:label="lab_bepc_NonRecourseBorrowings" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-recourse borrowings </link:label>
<link:label id="lab_bepc_NonRecourseBorrowings_label_en-US" xlink:label="lab_bepc_NonRecourseBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non Recourse Borrowings </link:label>
<link:label id="lab_bepc_NonRecourseBorrowings_documentation_en-US" xlink:label="lab_bepc_NonRecourseBorrowings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non Recourse Borrowings </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NonRecourseBorrowings" xlink:href="bepc-20231231.xsd#bepc_NonRecourseBorrowings"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NonRecourseBorrowings" xlink:to="lab_bepc_NonRecourseBorrowings" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AssetsLiabilitiesAtFairValue_c219b5b8-5c1d-4a78-a82b-069fce969eca_negatedTotalLabel_en-US" xlink:label="lab_bepc_AssetsLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total </link:label>
<link:label id="lab_bepc_AssetsLiabilitiesAtFairValue_label_en-US" xlink:label="lab_bepc_AssetsLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Assets liabilities at fair value </link:label>
<link:label id="lab_bepc_AssetsLiabilitiesAtFairValue_documentation_en-US" xlink:label="lab_bepc_AssetsLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total of assets and liabilities at fair value </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AssetsLiabilitiesAtFairValue" xlink:href="bepc-20231231.xsd#bepc_AssetsLiabilitiesAtFairValue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AssetsLiabilitiesAtFairValue" xlink:to="lab_bepc_AssetsLiabilitiesAtFairValue" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_MediumTermNotes1Member_99444327-d5f7-4052-ae6a-4c5c71d70903_terseLabel_en-US" xlink:label="lab_bepc_MediumTermNotes1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Medium Term Notes </link:label>
<link:label id="lab_bepc_MediumTermNotes1Member_label_en-US" xlink:label="lab_bepc_MediumTermNotes1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Medium Term Notes1 [Member] </link:label>
<link:label id="lab_bepc_MediumTermNotes1Member_documentation_en-US" xlink:label="lab_bepc_MediumTermNotes1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Medium Term Notes1 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_MediumTermNotes1Member" xlink:href="bepc-20231231.xsd#bepc_MediumTermNotes1Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_MediumTermNotes1Member" xlink:to="lab_bepc_MediumTermNotes1Member" xlink:type="arc" order="1"/>
<link:label id="lab_srt_CurrencyAxis_3099b825-3ffa-4b73-9ff8-a6be85f05ea7_terseLabel_en-US" xlink:label="lab_srt_CurrencyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Currency [Axis] </link:label>
<link:label id="lab_srt_CurrencyAxis_label_en-US" xlink:label="lab_srt_CurrencyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Currency [Axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_srt_CurrencyAxis" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_CurrencyAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_CurrencyAxis" xlink:to="lab_srt_CurrencyAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsAbstract_25d744a6-e000-4954-b567-f92df6168126_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of analysis of single amount of discontinued operations [abstract] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of analysis of single amount of discontinued operations [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsAbstract" xlink:to="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForDecommissioningRestorationAndRehabilitationProvisionsExplanatory_a5c13c20-d727-4f55-96df-facd5e249631_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForDecommissioningRestorationAndRehabilitationProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Decommissioning, restoration and environmental liabilities </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForDecommissioningRestorationAndRehabilitationProvisionsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForDecommissioningRestorationAndRehabilitationProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for decommissioning, restoration and rehabilitation provisions [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForDecommissioningRestorationAndRehabilitationProvisionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForDecommissioningRestorationAndRehabilitationProvisionsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForDecommissioningRestorationAndRehabilitationProvisionsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForDecommissioningRestorationAndRehabilitationProvisionsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BrookfieldRenewableAndInstitutionalPartnersMember_f485a0b8-9c90-474b-b508-e53f65772be2_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldRenewableAndInstitutionalPartnersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Renewable And Institutional Partners </link:label>
<link:label id="lab_bepc_BrookfieldRenewableAndInstitutionalPartnersMember_label_en-US" xlink:label="lab_bepc_BrookfieldRenewableAndInstitutionalPartnersMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Renewable And Institutional Partners [Member] </link:label>
<link:label id="lab_bepc_BrookfieldRenewableAndInstitutionalPartnersMember_documentation_en-US" xlink:label="lab_bepc_BrookfieldRenewableAndInstitutionalPartnersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Renewable And Institutional Partners </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BrookfieldRenewableAndInstitutionalPartnersMember" xlink:href="bepc-20231231.xsd#bepc_BrookfieldRenewableAndInstitutionalPartnersMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BrookfieldRenewableAndInstitutionalPartnersMember" xlink:to="lab_bepc_BrookfieldRenewableAndInstitutionalPartnersMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_794aee50-1701-4c81-a39f-7455ac037ba1_negatedLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Acquisitions net of cash and cash equivalents in acquired entity </link:label>
<link:label id="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityAddressCityOrTown_8886fd0c-0b76-43da-8850-b667bd04e784_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Address, City or Town </link:label>
<link:label id="lab_dei_EntityAddressCityOrTown_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Address, City or Town </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCityOrTown"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown" xlink:to="lab_dei_EntityAddressCityOrTown" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfTradeAndOtherPayablesTableTableTextBlock_fa59f89c-db94-41b0-a61c-f38a547dc3fb_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfTradeAndOtherPayablesTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of accounts payable and accrued liabilities </link:label>
<link:label id="lab_bepc_DisclosureOfTradeAndOtherPayablesTableTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfTradeAndOtherPayablesTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Trade And Other Payables Table [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfTradeAndOtherPayablesTableTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfTradeAndOtherPayablesTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of trade and other payables table lead in </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfTradeAndOtherPayablesTableTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfTradeAndOtherPayablesTableTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfTradeAndOtherPayablesTableTableTextBlock" xlink:to="lab_bepc_DisclosureOfTradeAndOtherPayablesTableTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_LeaseLiabilities_7b7dfe9e-5c53-4aa9-841e-6c6178dc0008_terseLabel_en-US" xlink:label="lab_ifrs-full_LeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Lease liabilities </link:label>
<link:label id="lab_ifrs-full_LeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_LeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Lease liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LeaseLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LeaseLiabilities" xlink:to="lab_ifrs-full_LeaseLiabilities" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfSummaryFinancialInformationTableTextBlock_82ebe056-71e3-4efa-9ef9-971562133e04_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfSummaryFinancialInformationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of summary financial information </link:label>
<link:label id="lab_bepc_DisclosureOfSummaryFinancialInformationTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfSummaryFinancialInformationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Summary Financial Information [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfSummaryFinancialInformationTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfSummaryFinancialInformationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of summary financial information of certain interests </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfSummaryFinancialInformationTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfSummaryFinancialInformationTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfSummaryFinancialInformationTableTextBlock" xlink:to="lab_bepc_DisclosureOfSummaryFinancialInformationTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OtherIncomeExpenses_853bb469-22d5-499d-b1e9-492e761aeea3_negatedTerseLabel_en-US" xlink:label="lab_bepc_OtherIncomeExpenses" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bepc_OtherIncomeExpenses_label_en-US" xlink:label="lab_bepc_OtherIncomeExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other Income (Expenses) </link:label>
<link:label id="lab_bepc_OtherIncomeExpenses_documentation_en-US" xlink:label="lab_bepc_OtherIncomeExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other income or expenses </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OtherIncomeExpenses" xlink:href="bepc-20231231.xsd#bepc_OtherIncomeExpenses"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OtherIncomeExpenses" xlink:to="lab_bepc_OtherIncomeExpenses" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember_ed4500d3-a5bc-4d84-a410-ae56879b1757_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contribution from equity-accounted investments </link:label>
<link:label id="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember_label_en-US" xlink:label="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investments accounted for using equity method [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InvestmentsAccountedForUsingEquityMethodMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:to="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_RevenueAbstract_2ec335bc-4eb6-4dee-bbc3-7fbccfcd0fad_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revenues </link:label>
<link:label id="lab_ifrs-full_RevenueAbstract_label_en-US" xlink:label="lab_ifrs-full_RevenueAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revenue [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RevenueAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueAbstract" xlink:to="lab_ifrs-full_RevenueAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DividendsReceived_64fe3046-949e-4e36-88a2-90df1d45222d_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DividendsReceived" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends received </link:label>
<link:label id="lab_ifrs-full_DividendsReceived_label_en-US" xlink:label="lab_ifrs-full_DividendsReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends received </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsReceived" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendsReceived"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsReceived" xlink:to="lab_ifrs-full_DividendsReceived" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_A378MWUSHydroelectricPortfolioMember_eb5a1aa0-9c8f-42e6-96ad-87d353b4b34d_terseLabel_en-US" xlink:label="lab_bepc_A378MWUSHydroelectricPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 378 MW U.S. Hydroelectric Portfolio </link:label>
<link:label id="lab_bepc_A378MWUSHydroelectricPortfolioMember_label_en-US" xlink:label="lab_bepc_A378MWUSHydroelectricPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 378 MW U.S. Hydroelectric Portfolio [Member] </link:label>
<link:label id="lab_bepc_A378MWUSHydroelectricPortfolioMember_documentation_en-US" xlink:label="lab_bepc_A378MWUSHydroelectricPortfolioMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 378 MW U.S. Hydroelectric Portfolio </link:label>
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<link:label id="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncomeNetOfTax_label_en-US" xlink:label="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncomeNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reclassification Adjustments For Amounts Recognized In Net Income, Net Of Tax </link:label>
<link:label id="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncomeNetOfTax_documentation_en-US" xlink:label="lab_bepc_ReclassificationAdjustmentsForAmountsRecognizedInNetIncomeNetOfTax" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Reclassification Adjustments For Amounts Recognized In Net Income, Net Of Tax </link:label>
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<link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory_d1e955fe-3d64-4e20-9d08-b0810f76a3d8_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of discount rates, terminal capitalization rates and exit dates used in the valuation methodology </link:label>
<link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of significant unobservable inputs used in fair value measurement of assets [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory"/>
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<link:label id="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationMember_4ca42c7a-3947-490f-993a-a7a4ac6c8411_terseLabel_en-US" xlink:label="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Transactions recognised separately from acquisition of assets and assumption of liabilities in business combination </link:label>
<link:label id="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationMember_label_en-US" xlink:label="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Transactions recognised separately from acquisition of assets and assumption of liabilities in business combination [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationMember"/>
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<link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems_e593f0d5-dc37-405f-a765-1e4aa6bfc5c0_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of maturity analysis for non-derivative financial liabilities [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of maturity analysis for non-derivative financial liabilities [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems"/>
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<link:label id="lab_bepc_ImpactOfFivePercentIncreaseMember_59483e98-28c9-4afc-aa7a-0ba763b23f44_terseLabel_en-US" xlink:label="lab_bepc_ImpactOfFivePercentIncreaseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 5% increase in future energy prices </link:label>
<link:label id="lab_bepc_ImpactOfFivePercentIncreaseMember_label_en-US" xlink:label="lab_bepc_ImpactOfFivePercentIncreaseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Five Percent Increase [Member] </link:label>
<link:label id="lab_bepc_ImpactOfFivePercentIncreaseMember_documentation_en-US" xlink:label="lab_bepc_ImpactOfFivePercentIncreaseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Five Percent Increase </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ImpactOfFivePercentIncreaseMember" xlink:href="bepc-20231231.xsd#bepc_ImpactOfFivePercentIncreaseMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ImpactOfFivePercentIncreaseMember" xlink:to="lab_bepc_ImpactOfFivePercentIncreaseMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ExchangeableAndClassBSharesMember_e3eb12e8-0389-41d2-ad26-67e2e618d908_terseLabel_en-US" xlink:label="lab_bepc_ExchangeableAndClassBSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Exchangeable and Class B Shares </link:label>
<link:label id="lab_bepc_ExchangeableAndClassBSharesMember_label_en-US" xlink:label="lab_bepc_ExchangeableAndClassBSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Exchangeable And Class B Shares [Member] </link:label>
<link:label id="lab_bepc_ExchangeableAndClassBSharesMember_documentation_en-US" xlink:label="lab_bepc_ExchangeableAndClassBSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Exchangeable And Class B Shares </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ExchangeableAndClassBSharesMember" xlink:href="bepc-20231231.xsd#bepc_ExchangeableAndClassBSharesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ExchangeableAndClassBSharesMember" xlink:to="lab_bepc_ExchangeableAndClassBSharesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_UnamortizedFeesRollForward_b29b9bca-f702-453e-9d4a-f287e7ef95ce_terseLabel_en-US" xlink:label="lab_bepc_UnamortizedFeesRollForward" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortized Fees [Abstract] </link:label>
<link:label id="lab_bepc_UnamortizedFeesRollForward_label_en-US" xlink:label="lab_bepc_UnamortizedFeesRollForward" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortized Fees [Roll Forward] </link:label>
<link:label id="lab_bepc_UnamortizedFeesRollForward_documentation_en-US" xlink:label="lab_bepc_UnamortizedFeesRollForward" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortized Fees </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_UnamortizedFeesRollForward" xlink:href="bepc-20231231.xsd#bepc_UnamortizedFeesRollForward"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_UnamortizedFeesRollForward" xlink:to="lab_bepc_UnamortizedFeesRollForward" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis_e5ebbccc-aaca-44ad-af81-d231c3abbb7c_terseLabel_en-US" xlink:label="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Transactions recognised separately from acquisition of assets and assumption of liabilities in business combination [axis] </link:label>
<link:label id="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis_label_en-US" xlink:label="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Transactions recognised separately from acquisition of assets and assumption of liabilities in business combination [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis" xlink:to="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NonRecourseBorrowingsAcquired_2f81c097-2d30-4062-9752-33f79076a1cc_negatedTerseLabel_en-US" xlink:label="lab_bepc_NonRecourseBorrowingsAcquired" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non-recourse borrowings </link:label>
<link:label id="lab_bepc_NonRecourseBorrowingsAcquired_label_en-US" xlink:label="lab_bepc_NonRecourseBorrowingsAcquired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non Recourse Borrowings Acquired </link:label>
<link:label id="lab_bepc_NonRecourseBorrowingsAcquired_documentation_en-US" xlink:label="lab_bepc_NonRecourseBorrowingsAcquired" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Non Recourse Borrowings Acquired </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NonRecourseBorrowingsAcquired" xlink:href="bepc-20231231.xsd#bepc_NonRecourseBorrowingsAcquired"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NonRecourseBorrowingsAcquired" xlink:to="lab_bepc_NonRecourseBorrowingsAcquired" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BusinessCombinationShareConversionRate_50134426-c16f-4d12-a6d0-b81aea4e0704_terseLabel_en-US" xlink:label="lab_bepc_BusinessCombinationShareConversionRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Business combination, share conversion rate (in shares) </link:label>
<link:label id="lab_bepc_BusinessCombinationShareConversionRate_label_en-US" xlink:label="lab_bepc_BusinessCombinationShareConversionRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Business Combination, Share Conversion Rate </link:label>
<link:label id="lab_bepc_BusinessCombinationShareConversionRate_documentation_en-US" xlink:label="lab_bepc_BusinessCombinationShareConversionRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Business Combination, Share Conversion Rate </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BusinessCombinationShareConversionRate" xlink:href="bepc-20231231.xsd#bepc_BusinessCombinationShareConversionRate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BusinessCombinationShareConversionRate" xlink:to="lab_bepc_BusinessCombinationShareConversionRate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParentMember_ca906e99-2871-4a4d-a197-d316c93830b3_verboseLabel_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total </link:label>
<link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParentMember_3fd5ac1c-09ee-4582-a46b-cdc9ba61580a_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Attributable to the partnership </link:label>
<link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParentMember_label_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity attributable to owners of parent [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EquityAttributableToOwnersOfParentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:to="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ContracteduncontractedAxis_786e6900-0fb3-48a3-ba5f-1572b45e13d8_terseLabel_en-US" xlink:label="lab_bepc_ContracteduncontractedAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contracted Uncontracted [axis] </link:label>
<link:label id="lab_bepc_ContracteduncontractedAxis_label_en-US" xlink:label="lab_bepc_ContracteduncontractedAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contracted Uncontracted [axis] </link:label>
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<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ContracteduncontractedAxis" xlink:to="lab_bepc_ContracteduncontractedAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_3b4d5037-fb55-40a6-b45c-7602af78f266_terseLabel_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Level 2 </link:label>
<link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Level 2 of fair value hierarchy [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Level2OfFairValueHierarchyMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrencySwapContractMember_a0410cb0-db0d-4280-b36a-ea5785f968e6_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrencySwapContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign exchange swaps </link:label>
<link:label id="lab_ifrs-full_CurrencySwapContractMember_label_en-US" xlink:label="lab_ifrs-full_CurrencySwapContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Currency swap contract [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrencySwapContractMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrencySwapContractMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrencySwapContractMember" xlink:to="lab_ifrs-full_CurrencySwapContractMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_FinancialAssetsLiabilitiesNetPositionNoncurrentPortion_6dc2e1cb-2df5-4e21-aba6-01a1bca19310_terseLabel_en-US" xlink:label="lab_bepc_FinancialAssetsLiabilitiesNetPositionNoncurrentPortion" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Long-term portion </link:label>
<link:label id="lab_bepc_FinancialAssetsLiabilitiesNetPositionNoncurrentPortion_label_en-US" xlink:label="lab_bepc_FinancialAssetsLiabilitiesNetPositionNoncurrentPortion" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Assets (Liabilities) Net Position Noncurrent Portion </link:label>
<link:label id="lab_bepc_FinancialAssetsLiabilitiesNetPositionNoncurrentPortion_documentation_en-US" xlink:label="lab_bepc_FinancialAssetsLiabilitiesNetPositionNoncurrentPortion" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial Assets (Liabilities) Net Position Noncurrent Portion </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_FinancialAssetsLiabilitiesNetPositionNoncurrentPortion" xlink:href="bepc-20231231.xsd#bepc_FinancialAssetsLiabilitiesNetPositionNoncurrentPortion"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_FinancialAssetsLiabilitiesNetPositionNoncurrentPortion" xlink:to="lab_bepc_FinancialAssetsLiabilitiesNetPositionNoncurrentPortion" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentNet_d2865e60-a323-451b-8012-09332f6f5d4c_terseLabel_en-US" xlink:label="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Additions, net </link:label>
<link:label id="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentNet_label_en-US" xlink:label="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Additions Other Than Through Business Combinations, Property, Plant and Equipment, Net </link:label>
<link:label id="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentNet_documentation_en-US" xlink:label="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Additions Other Than Through Business Combinations, Property, Plant and Equipment, Net </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentNet" xlink:href="bepc-20231231.xsd#bepc_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentNet"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentNet" xlink:to="lab_bepc_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentNet" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_9bc12ce0-58f8-43cc-aa1b-d8658ac3e478_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Provisions </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for provisions [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_MiscellaneousProfitLossAbstract_e2236435-ffbc-4c15-a48e-bf752761f65e_terseLabel_en-US" xlink:label="lab_bepc_MiscellaneousProfitLossAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Miscellaneous Profit (Loss) [Abstract] </link:label>
<link:label id="lab_bepc_MiscellaneousProfitLossAbstract_label_en-US" xlink:label="lab_bepc_MiscellaneousProfitLossAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Miscellaneous Profit (Loss) [Abstract] </link:label>
<link:label id="lab_bepc_MiscellaneousProfitLossAbstract_documentation_en-US" xlink:label="lab_bepc_MiscellaneousProfitLossAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Miscellaneous Profit (Loss) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_MiscellaneousProfitLossAbstract" xlink:href="bepc-20231231.xsd#bepc_MiscellaneousProfitLossAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_MiscellaneousProfitLossAbstract" xlink:to="lab_bepc_MiscellaneousProfitLossAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_PublicInvestorsMember_62420933-4a59-4d06-b534-0057c7afd438_terseLabel_en-US" xlink:label="lab_bepc_PublicInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Public Investors </link:label>
<link:label id="lab_bepc_PublicInvestorsMember_label_en-US" xlink:label="lab_bepc_PublicInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Public Investors [Member] </link:label>
<link:label id="lab_bepc_PublicInvestorsMember_documentation_en-US" xlink:label="lab_bepc_PublicInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Public Investors </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_PublicInvestorsMember" xlink:href="bepc-20231231.xsd#bepc_PublicInvestorsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_PublicInvestorsMember" xlink:to="lab_bepc_PublicInvestorsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BrookfieldCorporationAndAffiliatesMember_e8404b5f-9a66-4ba3-b973-d49813ad6bdc_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldCorporationAndAffiliatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Corporation And Affiliates </link:label>
<link:label id="lab_bepc_BrookfieldCorporationAndAffiliatesMember_label_en-US" xlink:label="lab_bepc_BrookfieldCorporationAndAffiliatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Corporation And Affiliates [Member] </link:label>
<link:label id="lab_bepc_BrookfieldCorporationAndAffiliatesMember_documentation_en-US" xlink:label="lab_bepc_BrookfieldCorporationAndAffiliatesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Corporation And Affiliates </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BrookfieldCorporationAndAffiliatesMember" xlink:href="bepc-20231231.xsd#bepc_BrookfieldCorporationAndAffiliatesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BrookfieldCorporationAndAffiliatesMember" xlink:to="lab_bepc_BrookfieldCorporationAndAffiliatesMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems_8477960a-8ab4-44a8-9f0d-f26ef5f2719f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of significant unobservable inputs used in fair value measurement of assets [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of significant unobservable inputs used in fair value measurement of assets [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureForeignCurrencyTranslationTableTextBlock_7f1db95a-0af6-43c4-9207-31ad4727d08d_terseLabel_en-US" xlink:label="lab_bepc_DisclosureForeignCurrencyTranslationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of foreign currency translation </link:label>
<link:label id="lab_bepc_DisclosureForeignCurrencyTranslationTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureForeignCurrencyTranslationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Foreign Currency Translation [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureForeignCurrencyTranslationTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureForeignCurrencyTranslationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign currency impact assets and liabilities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureForeignCurrencyTranslationTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureForeignCurrencyTranslationTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureForeignCurrencyTranslationTableTextBlock" xlink:to="lab_bepc_DisclosureForeignCurrencyTranslationTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SharesOutstandingPricePerShare_38817766-0156-4cec-b022-51d893ded8a0_terseLabel_en-US" xlink:label="lab_bepc_SharesOutstandingPricePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Units outstanding (in shares) </link:label>
<link:label id="lab_bepc_SharesOutstandingPricePerShare_label_en-US" xlink:label="lab_bepc_SharesOutstandingPricePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Shares Outstanding, Price Per Share </link:label>
<link:label id="lab_bepc_SharesOutstandingPricePerShare_documentation_en-US" xlink:label="lab_bepc_SharesOutstandingPricePerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Shares Outstanding, Price Per Share </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SharesOutstandingPricePerShare" xlink:href="bepc-20231231.xsd#bepc_SharesOutstandingPricePerShare"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SharesOutstandingPricePerShare" xlink:to="lab_bepc_SharesOutstandingPricePerShare" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DividendsPaidAbstract_bc942d8c-f012-48da-9f2d-41849f3606e1_terseLabel_en-US" xlink:label="lab_bepc_DividendsPaidAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Distributions paid: </link:label>
<link:label id="lab_bepc_DividendsPaidAbstract_label_en-US" xlink:label="lab_bepc_DividendsPaidAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends Paid [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DividendsPaidAbstract" xlink:href="bepc-20231231.xsd#bepc_DividendsPaidAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DividendsPaidAbstract" xlink:to="lab_bepc_DividendsPaidAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfRestrictedCashAndCashEquivalentsTableTableTextBlock_17f02e7e-64c0-4446-bade-751423c9b453_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfRestrictedCashAndCashEquivalentsTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of restricted cash </link:label>
<link:label id="lab_bepc_DisclosureOfRestrictedCashAndCashEquivalentsTableTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfRestrictedCashAndCashEquivalentsTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Restricted Cash And Cash Equivalents Table [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfRestrictedCashAndCashEquivalentsTableTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfRestrictedCashAndCashEquivalentsTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of restricted cash and cash equivalents table lead in </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfRestrictedCashAndCashEquivalentsTableTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfRestrictedCashAndCashEquivalentsTableTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfRestrictedCashAndCashEquivalentsTableTableTextBlock" xlink:to="lab_bepc_DisclosureOfRestrictedCashAndCashEquivalentsTableTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_LaterThanOneYearAndNotLaterThanFourYearsMember_deb63a7a-c03a-4ea3-b511-81fca6d6603f_terseLabel_en-US" xlink:label="lab_bepc_LaterThanOneYearAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Less than four years </link:label>
<link:label id="lab_bepc_LaterThanOneYearAndNotLaterThanFourYearsMember_label_en-US" xlink:label="lab_bepc_LaterThanOneYearAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Later than One year and not later than four years [Member] </link:label>
<link:label id="lab_bepc_LaterThanOneYearAndNotLaterThanFourYearsMember_documentation_en-US" xlink:label="lab_bepc_LaterThanOneYearAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> This member stands for a time band of later than one year and not later than four years. </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_LaterThanOneYearAndNotLaterThanFourYearsMember" xlink:href="bepc-20231231.xsd#bepc_LaterThanOneYearAndNotLaterThanFourYearsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_LaterThanOneYearAndNotLaterThanFourYearsMember" xlink:to="lab_bepc_LaterThanOneYearAndNotLaterThanFourYearsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable_6760b7f9-9f8a-4438-b017-56f7d1d64093_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of associates [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of associates [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_UnamortisedFinancingFees_a50ba081-7abd-4bd8-bb2a-72464d092f5d_negatedTerseLabel_en-US" xlink:label="lab_bepc_UnamortisedFinancingFees" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Less: Unamortized financing fees </link:label>
<link:label id="lab_bepc_UnamortisedFinancingFees_91024d77-9f02-4424-bcbd-d168fe4ba0e7_terseLabel_en-US" xlink:label="lab_bepc_UnamortisedFinancingFees" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred financing fees </link:label>
<link:label id="lab_bepc_UnamortisedFinancingFees_label_en-US" xlink:label="lab_bepc_UnamortisedFinancingFees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortised Financing Fees </link:label>
<link:label id="lab_bepc_UnamortisedFinancingFees_documentation_en-US" xlink:label="lab_bepc_UnamortisedFinancingFees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Unamortised Financing Fees </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_UnamortisedFinancingFees" xlink:href="bepc-20231231.xsd#bepc_UnamortisedFinancingFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_UnamortisedFinancingFees" xlink:to="lab_bepc_UnamortisedFinancingFees" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncreaseDecreaseThroughTransfersAndOtherChangesConstructionInProgress_c51745d6-aec4-4bc8-a4a4-84e2da80f2c2_terseLabel_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughTransfersAndOtherChangesConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change in fair value </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughTransfersAndOtherChangesConstructionInProgress_label_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughTransfersAndOtherChangesConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) Through Transfers And Other Changes, Construction In Progress </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughTransfersAndOtherChangesConstructionInProgress_documentation_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughTransfersAndOtherChangesConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (Decrease) Through Transfers And Other Changes, Construction In Progress </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncreaseDecreaseThroughTransfersAndOtherChangesConstructionInProgress" xlink:href="bepc-20231231.xsd#bepc_IncreaseDecreaseThroughTransfersAndOtherChangesConstructionInProgress"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IncreaseDecreaseThroughTransfersAndOtherChangesConstructionInProgress" xlink:to="lab_bepc_IncreaseDecreaseThroughTransfersAndOtherChangesConstructionInProgress" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory_3a30dfac-6755-4aa8-bad6-3bb2cef5ef37_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> RISK MANAGEMENT AND FINANCIAL INSTRUMENTS </link:label>
<link:label id="lab_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of financial risk management [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFinancialRiskManagementExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_bb22bfa2-25c1-42ca-8868-c40b650d9e5b_negatedLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investment in property, plant and equipment </link:label>
<link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Purchase of property, plant and equipment, classified as investing activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
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<link:label id="lab_ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_18c39804-0722-48ad-94be-3979bc46b012_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Statutory income tax (expense) recovery </link:label>
<link:label id="lab_ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_label_en-US" xlink:label="lab_ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Tax expense (income) at applicable tax rate </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TaxExpenseIncomeAtApplicableTaxRate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:to="lab_ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_Goodwill_168be9bb-07fa-4d20-a4e2-8ef2daa96c4f_terseLabel_en-US" xlink:label="lab_ifrs-full_Goodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Goodwill </link:label>
<link:label id="lab_ifrs-full_Goodwill_ec4ebd02-b163-4ae2-b5af-acbee8366c08_periodStartLabel_en-US" xlink:label="lab_ifrs-full_Goodwill" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Beginning of year </link:label>
<link:label id="lab_ifrs-full_Goodwill_3e65d392-9d94-4743-9546-0ba68d7e751a_periodEndLabel_en-US" xlink:label="lab_ifrs-full_Goodwill" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> End of year </link:label>
<link:label id="lab_ifrs-full_Goodwill_label_en-US" xlink:label="lab_ifrs-full_Goodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Goodwill </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Goodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Goodwill"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Goodwill" xlink:to="lab_ifrs-full_Goodwill" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis_fe1082f4-e6d4-4dea-a6d1-775ab33d83c3_terseLabel_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries [axis] </link:label>
<link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis_label_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Subsidiaries [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:to="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_StorageAndOtherSegmentMember_c558a0a7-df2b-4f1d-95cd-81e9c624ea4f_terseLabel_en-US" xlink:label="lab_bepc_StorageAndOtherSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> distributed energy & sustainable solutions </link:label>
<link:label id="lab_bepc_StorageAndOtherSegmentMember_label_en-US" xlink:label="lab_bepc_StorageAndOtherSegmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Storage And Other Segment [Member] </link:label>
<link:label id="lab_bepc_StorageAndOtherSegmentMember_documentation_en-US" xlink:label="lab_bepc_StorageAndOtherSegmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Storage And Other Segment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_StorageAndOtherSegmentMember" xlink:href="bepc-20231231.xsd#bepc_StorageAndOtherSegmentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_StorageAndOtherSegmentMember" xlink:to="lab_bepc_StorageAndOtherSegmentMember" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityRegistrantName_6dd196e4-a552-4385-a3a6-70f03be623d3_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Registrant Name </link:label>
<link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Registrant Name </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityRegistrantName"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_LiabilitiesAbstract_5bae70c5-4091-44d7-a342-ef92e1bd334f_terseLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Liabilities </link:label>
<link:label id="lab_ifrs-full_LiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Liabilities [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LiabilitiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesAbstract" xlink:to="lab_ifrs-full_LiabilitiesAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BasisOfPreparationAndSignificantAccountingPoliciesAbstractAbstract_label_en-US" xlink:label="lab_bepc_BasisOfPreparationAndSignificantAccountingPoliciesAbstractAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Basis Of Preparation And Significant Accounting Policies Abstract [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BasisOfPreparationAndSignificantAccountingPoliciesAbstractAbstract" xlink:href="bepc-20231231.xsd#bepc_BasisOfPreparationAndSignificantAccountingPoliciesAbstractAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BasisOfPreparationAndSignificantAccountingPoliciesAbstractAbstract" xlink:to="lab_bepc_BasisOfPreparationAndSignificantAccountingPoliciesAbstractAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureRestrictedCashAbstract_label_en-US" xlink:label="lab_bepc_DisclosureRestrictedCashAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Restricted Cash [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureRestrictedCashAbstract" xlink:href="bepc-20231231.xsd#bepc_DisclosureRestrictedCashAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureRestrictedCashAbstract" xlink:to="lab_bepc_DisclosureRestrictedCashAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_dei_AuditorName_b62b42fd-a516-45ad-80a0-4347391e4982_terseLabel_en-US" xlink:label="lab_dei_AuditorName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Auditor Name </link:label>
<link:label id="lab_dei_AuditorName_label_en-US" xlink:label="lab_dei_AuditorName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Auditor Name </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_AuditorName" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditorName"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorName" xlink:to="lab_dei_AuditorName" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsHeldAtEndOfPeriodFairValueMeasurement_3be729d9-4b33-43d0-8a90-3951af86b62e_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsHeldAtEndOfPeriodFairValueMeasurement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change in fair value of property, plant and equipment </link:label>
<link:label id="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsHeldAtEndOfPeriodFairValueMeasurement_label_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsHeldAtEndOfPeriodFairValueMeasurement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gains (losses) recognised in profit or loss attributable to change in unrealised gains or losses for assets held at end of period, fair value measurement </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsHeldAtEndOfPeriodFairValueMeasurement" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsHeldAtEndOfPeriodFairValueMeasurement"/>
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<link:label id="lab_ifrs-full_TradeAndOtherCurrentPayables_946e10c8-6d90-49a1-a1a3-a8345ec226be_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Accounts payable and accrued liabilities </link:label>
<link:label id="lab_ifrs-full_TradeAndOtherCurrentPayables_7649a872-48c6-4d85-b165-a673c9b5bebe_totalLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayables" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total accounts payable and accrued liabilities </link:label>
<link:label id="lab_ifrs-full_TradeAndOtherCurrentPayables_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trade and other current payables </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TradeAndOtherCurrentPayables"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentPayables" xlink:to="lab_ifrs-full_TradeAndOtherCurrentPayables" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityCentralIndexKey_4664072b-47e6-4155-bc51-46db7223006c_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Central Index Key </link:label>
<link:label id="lab_dei_EntityCentralIndexKey_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity Central Index Key </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCentralIndexKey"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RightOfFirstRefusalRedeemableAndExchangeablePartnershipUnitsExchangeRatio_97a13977-72e7-48c0-82d5-e0c3884b8f14_terseLabel_en-US" xlink:label="lab_bepc_RightOfFirstRefusalRedeemableAndExchangeablePartnershipUnitsExchangeRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Redeemable and exchangeable partnership units, exchange ratio </link:label>
<link:label id="lab_bepc_RightOfFirstRefusalRedeemableAndExchangeablePartnershipUnitsExchangeRatio_label_en-US" xlink:label="lab_bepc_RightOfFirstRefusalRedeemableAndExchangeablePartnershipUnitsExchangeRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Right Of First Refusal, Redeemable And Exchangeable Partnership Units, Exchange Ratio </link:label>
<link:label id="lab_bepc_RightOfFirstRefusalRedeemableAndExchangeablePartnershipUnitsExchangeRatio_documentation_en-US" xlink:label="lab_bepc_RightOfFirstRefusalRedeemableAndExchangeablePartnershipUnitsExchangeRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Right Of First Refusal, Redeemable And Exchangeable Partnership Units, Exchange Ratio </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RightOfFirstRefusalRedeemableAndExchangeablePartnershipUnitsExchangeRatio" xlink:href="bepc-20231231.xsd#bepc_RightOfFirstRefusalRedeemableAndExchangeablePartnershipUnitsExchangeRatio"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_RightOfFirstRefusalRedeemableAndExchangeablePartnershipUnitsExchangeRatio" xlink:to="lab_bepc_RightOfFirstRefusalRedeemableAndExchangeablePartnershipUnitsExchangeRatio" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_5b676f21-7aae-4827-bdad-eb767c37c892_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of classes of share capital [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of classes of share capital [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_TaxEquityMember_26f12b70-e533-490e-8646-b1952fb3b3bb_terseLabel_en-US" xlink:label="lab_bepc_TaxEquityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Tax equity </link:label>
<link:label id="lab_bepc_TaxEquityMember_label_en-US" xlink:label="lab_bepc_TaxEquityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Tax Equity [Member] </link:label>
<link:label id="lab_bepc_TaxEquityMember_documentation_en-US" xlink:label="lab_bepc_TaxEquityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Tax Equity </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_TaxEquityMember" xlink:href="bepc-20231231.xsd#bepc_TaxEquityMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_TaxEquityMember" xlink:to="lab_bepc_TaxEquityMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_SupplementalBorrowingsRollForward_affa3b50-8ba0-4627-a09b-6f18892ef0a6_terseLabel_en-US" xlink:label="lab_bepc_SupplementalBorrowingsRollForward" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Supplemental Borrowings [Roll Forward] </link:label>
<link:label id="lab_bepc_SupplementalBorrowingsRollForward_label_en-US" xlink:label="lab_bepc_SupplementalBorrowingsRollForward" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Supplemental Borrowings [Roll Forward] </link:label>
<link:label id="lab_bepc_SupplementalBorrowingsRollForward_documentation_en-US" xlink:label="lab_bepc_SupplementalBorrowingsRollForward" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Supplemental Borrowings </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_SupplementalBorrowingsRollForward" xlink:href="bepc-20231231.xsd#bepc_SupplementalBorrowingsRollForward"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_SupplementalBorrowingsRollForward" xlink:to="lab_bepc_SupplementalBorrowingsRollForward" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_CurrentAssetsHeldForSale_0b151861-4438-4d55-90f1-9d4c52e6eb4d_terseLabel_en-US" xlink:label="lab_bepc_CurrentAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Assets held for sale </link:label>
<link:label id="lab_bepc_CurrentAssetsHeldForSale_label_en-US" xlink:label="lab_bepc_CurrentAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current Assets Held-For-Sale </link:label>
<link:label id="lab_bepc_CurrentAssetsHeldForSale_documentation_en-US" xlink:label="lab_bepc_CurrentAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current Assets Held-For-Sale </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_CurrentAssetsHeldForSale" xlink:href="bepc-20231231.xsd#bepc_CurrentAssetsHeldForSale"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_CurrentAssetsHeldForSale" xlink:to="lab_bepc_CurrentAssetsHeldForSale" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_c291dae8-10dc-434a-be21-b2c80d423a23_totalLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total deferred income taxes </link:label>
<link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Income tax relating to components of other comprehensive income </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:to="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q32023ColombiaHydroIBRFinancing2033Member_5c5fa4e4-d45a-400b-a6ba-1e4f4c432749_terseLabel_en-US" xlink:label="lab_bepc_Q32023ColombiaHydroIBRFinancing2033Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q3 2023, Colombia, Hydroelectric, IBR, Financing, 2033 </link:label>
<link:label id="lab_bepc_Q32023ColombiaHydroIBRFinancing2033Member_label_en-US" xlink:label="lab_bepc_Q32023ColombiaHydroIBRFinancing2033Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q3 2023, Colombia, Hydro, IBR, Financing, 2033 [Member] </link:label>
<link:label id="lab_bepc_Q32023ColombiaHydroIBRFinancing2033Member_documentation_en-US" xlink:label="lab_bepc_Q32023ColombiaHydroIBRFinancing2033Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q3 2023, Colombia, Hydro, IBR, Financing, 2033 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q32023ColombiaHydroIBRFinancing2033Member" xlink:href="bepc-20231231.xsd#bepc_Q32023ColombiaHydroIBRFinancing2033Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q32023ColombiaHydroIBRFinancing2033Member" xlink:to="lab_bepc_Q32023ColombiaHydroIBRFinancing2033Member" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_Q42023ColombiaHydroIBRFinancing2033Member_063d55a5-5ec1-4f75-8d20-f96d3471547d_terseLabel_en-US" xlink:label="lab_bepc_Q42023ColombiaHydroIBRFinancing2033Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, Colombia, Hydro, IBR, Financing, 2033 </link:label>
<link:label id="lab_bepc_Q42023ColombiaHydroIBRFinancing2033Member_label_en-US" xlink:label="lab_bepc_Q42023ColombiaHydroIBRFinancing2033Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, Colombia, Hydro, IBR, Financing, 2033 [Member] </link:label>
<link:label id="lab_bepc_Q42023ColombiaHydroIBRFinancing2033Member_documentation_en-US" xlink:label="lab_bepc_Q42023ColombiaHydroIBRFinancing2033Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Q4 2023, Colombia, Hydro, IBR, Financing, 2033 </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_Q42023ColombiaHydroIBRFinancing2033Member" xlink:href="bepc-20231231.xsd#bepc_Q42023ColombiaHydroIBRFinancing2033Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_Q42023ColombiaHydroIBRFinancing2033Member" xlink:to="lab_bepc_Q42023ColombiaHydroIBRFinancing2033Member" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems_d6386847-7e91-4ed2-85c7-4fd59cc96cd1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about business combination [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about business combination [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfBusinessCombinationsLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherAdjustmentsForNoncashItems_87582367-203c-4fa4-a94e-7fba3fbdeb9f_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other non-cash items </link:label>
<link:label id="lab_ifrs-full_OtherAdjustmentsForNoncashItems_label_en-US" xlink:label="lab_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other adjustments for non-cash items </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherAdjustmentsForNoncashItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:to="lab_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AssociatesMember_d7b828ec-5527-4287-9593-4dc6008e8b32_terseLabel_en-US" xlink:label="lab_ifrs-full_AssociatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield </link:label>
<link:label id="lab_ifrs-full_AssociatesMember_label_en-US" xlink:label="lab_ifrs-full_AssociatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Associates [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssociatesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AssociatesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssociatesMember" xlink:to="lab_ifrs-full_AssociatesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ImpactOfFivePercentDecreaseMember_7e79fc58-00be-48f0-954f-0e8c927d8702_terseLabel_en-US" xlink:label="lab_bepc_ImpactOfFivePercentDecreaseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 5% decrease in future energy prices </link:label>
<link:label id="lab_bepc_ImpactOfFivePercentDecreaseMember_label_en-US" xlink:label="lab_bepc_ImpactOfFivePercentDecreaseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Five Percent Decrease [Member] </link:label>
<link:label id="lab_bepc_ImpactOfFivePercentDecreaseMember_documentation_en-US" xlink:label="lab_bepc_ImpactOfFivePercentDecreaseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of Five Percent Decrease </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ImpactOfFivePercentDecreaseMember" xlink:href="bepc-20231231.xsd#bepc_ImpactOfFivePercentDecreaseMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ImpactOfFivePercentDecreaseMember" xlink:to="lab_bepc_ImpactOfFivePercentDecreaseMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesMember_21177f3e-6041-48c9-9642-0f42d144c13f_terseLabel_en-US" xlink:label="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Timing of transfer of goods or services [member] </link:label>
<link:label id="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesMember_label_en-US" xlink:label="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Timing of transfer of goods or services [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TimingOfTransferOfGoodsOrServicesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TimingOfTransferOfGoodsOrServicesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TimingOfTransferOfGoodsOrServicesMember" xlink:to="lab_ifrs-full_TimingOfTransferOfGoodsOrServicesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_InvestmentAccountedForUsingEquityMethodInvestment_616cef45-7e3d-4009-815c-144f3bc299c0_terseLabel_en-US" xlink:label="lab_bepc_InvestmentAccountedForUsingEquityMethodInvestment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investment </link:label>
<link:label id="lab_bepc_InvestmentAccountedForUsingEquityMethodInvestment_label_en-US" xlink:label="lab_bepc_InvestmentAccountedForUsingEquityMethodInvestment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investment Accounted For Using Equity Method Investment </link:label>
<link:label id="lab_bepc_InvestmentAccountedForUsingEquityMethodInvestment_documentation_en-US" xlink:label="lab_bepc_InvestmentAccountedForUsingEquityMethodInvestment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Investment Accounted For Using Equity Method Investment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_InvestmentAccountedForUsingEquityMethodInvestment" xlink:href="bepc-20231231.xsd#bepc_InvestmentAccountedForUsingEquityMethodInvestment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_InvestmentAccountedForUsingEquityMethodInvestment" xlink:to="lab_bepc_InvestmentAccountedForUsingEquityMethodInvestment" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_GeographicalAreasMember_b0267a64-e3c3-49d0-a0b9-77ce955ef965_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Geographical areas [member] </link:label>
<link:label id="lab_ifrs-full_GeographicalAreasMember_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Geographical areas [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GeographicalAreasMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasMember" xlink:to="lab_ifrs-full_GeographicalAreasMember" xlink:type="arc" order="1"/>
<link:label id="lab_dei_EntityDomain_cbd165b6-652b-4169-8040-b943bd703451_terseLabel_en-US" xlink:label="lab_dei_EntityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity [Domain] </link:label>
<link:label id="lab_dei_EntityDomain_label_en-US" xlink:label="lab_dei_EntityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity [Domain] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityDomain"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain" xlink:to="lab_dei_EntityDomain" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentTradeReceivables_b7fb8231-e40f-4320-9471-ebcaca25116b_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTradeReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Trade receivables </link:label>
<link:label id="lab_ifrs-full_CurrentTradeReceivables_label_en-US" xlink:label="lab_ifrs-full_CurrentTradeReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current trade receivables </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTradeReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentTradeReceivables"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTradeReceivables" xlink:to="lab_ifrs-full_CurrentTradeReceivables" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_NumberOfSharesIssued_2c068791-374f-4a44-8fa5-268d8a6890fc_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Number of shares issued (in shares) </link:label>
<link:label id="lab_ifrs-full_NumberOfSharesIssued_label_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Number of shares issued </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfSharesIssued" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NumberOfSharesIssued"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesIssued" xlink:to="lab_ifrs-full_NumberOfSharesIssued" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_HedgingInstrumentsMember_6368ab8f-31ac-4a0f-88e4-c32b3a94ef98_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hedging instruments [member] </link:label>
<link:label id="lab_ifrs-full_HedgingInstrumentsMember_label_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Hedging instruments [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgingInstrumentsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_HedgingInstrumentsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgingInstrumentsMember" xlink:to="lab_ifrs-full_HedgingInstrumentsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_EquityMember_1e630b46-d450-431b-8de0-738b0946dd9a_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity [member] </link:label>
<link:label id="lab_ifrs-full_EquityMember_label_en-US" xlink:label="lab_ifrs-full_EquityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Equity [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EquityMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityMember" xlink:to="lab_ifrs-full_EquityMember" xlink:type="arc" order="1"/>
<link:label id="lab_dei_AmendmentFlag_21893bb5-9c9d-4cd9-bb2b-0b624a6a7f6c_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amendment Flag </link:label>
<link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Amendment Flag </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentFlag"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionChangeExplanatoryTableTextBlock_79a2ffae-9849-482a-8b67-319573d6c0d5_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionChangeExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of total net financial instrument asset </link:label>
<link:label id="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionChangeExplanatoryTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionChangeExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Derivative Assets Liabilities Net Position Change, Explanatory [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionChangeExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionChangeExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change in net position of derivative assets and liabilities at the time of reporting </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionChangeExplanatoryTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionChangeExplanatoryTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionChangeExplanatoryTableTextBlock" xlink:to="lab_bepc_DisclosureOfDerivativeAssetsLiabilitiesNetPositionChangeExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_dei_LegalEntityAxis_ebe6bde1-7192-45f7-aef2-575ffc30e9db_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Legal Entity [Axis] </link:label>
<link:label id="lab_dei_LegalEntityAxis_label_en-US" xlink:label="lab_dei_LegalEntityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Legal Entity [Axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_dei_LegalEntityAxis" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LegalEntityAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis" xlink:to="lab_dei_LegalEntityAxis" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureofincometaxdeferredassetsandliabilitiesTable_89465f2c-d3f4-4e27-be95-3ef3035d3996_terseLabel_en-US" xlink:label="lab_bepc_DisclosureofincometaxdeferredassetsandliabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of income tax deferred assets and liabilities [Table] </link:label>
<link:label id="lab_bepc_DisclosureofincometaxdeferredassetsandliabilitiesTable_label_en-US" xlink:label="lab_bepc_DisclosureofincometaxdeferredassetsandliabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of income tax deferred assets and liabilities [Table] </link:label>
<link:label id="lab_bepc_DisclosureofincometaxdeferredassetsandliabilitiesTable_documentation_en-US" xlink:label="lab_bepc_DisclosureofincometaxdeferredassetsandliabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of income tax deferred assets and liabilities [Table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureofincometaxdeferredassetsandliabilitiesTable" xlink:href="bepc-20231231.xsd#bepc_DisclosureofincometaxdeferredassetsandliabilitiesTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureofincometaxdeferredassetsandliabilitiesTable" xlink:to="lab_bepc_DisclosureofincometaxdeferredassetsandliabilitiesTable" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IsagenInstitutionalPartnersMember_c8cecced-094e-432d-894e-dbfc1c4cd629_terseLabel_en-US" xlink:label="lab_bepc_IsagenInstitutionalPartnersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Isagen Institutional Partners </link:label>
<link:label id="lab_bepc_IsagenInstitutionalPartnersMember_label_en-US" xlink:label="lab_bepc_IsagenInstitutionalPartnersMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Isagen Institutional Partners [Member] </link:label>
<link:label id="lab_bepc_IsagenInstitutionalPartnersMember_documentation_en-US" xlink:label="lab_bepc_IsagenInstitutionalPartnersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Isagen Institutional Partners </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IsagenInstitutionalPartnersMember" xlink:href="bepc-20231231.xsd#bepc_IsagenInstitutionalPartnersMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IsagenInstitutionalPartnersMember" xlink:to="lab_bepc_IsagenInstitutionalPartnersMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NotDesignatedAsHedgingInstrumentMember_bb7dabae-050b-434c-9f9e-a52982a2a786_terseLabel_en-US" xlink:label="lab_bepc_NotDesignatedAsHedgingInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Not Designated as Hedging Instrument </link:label>
<link:label id="lab_bepc_NotDesignatedAsHedgingInstrumentMember_label_en-US" xlink:label="lab_bepc_NotDesignatedAsHedgingInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Not Designated as Hedging Instrument [Member] </link:label>
<link:label id="lab_bepc_NotDesignatedAsHedgingInstrumentMember_documentation_en-US" xlink:label="lab_bepc_NotDesignatedAsHedgingInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Derivative instrument not designated as hedging instrument </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NotDesignatedAsHedgingInstrumentMember" xlink:href="bepc-20231231.xsd#bepc_NotDesignatedAsHedgingInstrumentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NotDesignatedAsHedgingInstrumentMember" xlink:to="lab_bepc_NotDesignatedAsHedgingInstrumentMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset_a9050297-7825-4833-afe7-057cb5476471_verboseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred income tax liabilities and assets </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset_04f135fa-06e4-48e9-a50c-97cd9b1b7885_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign exchange </link:label>
<link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through net exchange differences, deferred tax liability (asset) </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_PowerPurchaseAgreementsMember_5a0fe6ba-66e4-470c-96b8-0b6367da1009_terseLabel_en-US" xlink:label="lab_bepc_PowerPurchaseAgreementsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> IFRS 9 PPAs </link:label>
<link:label id="lab_bepc_PowerPurchaseAgreementsMember_label_en-US" xlink:label="lab_bepc_PowerPurchaseAgreementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Power Purchase Agreements [Member] </link:label>
<link:label id="lab_bepc_PowerPurchaseAgreementsMember_documentation_en-US" xlink:label="lab_bepc_PowerPurchaseAgreementsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Power Purchase Agreements </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_PowerPurchaseAgreementsMember" xlink:href="bepc-20231231.xsd#bepc_PowerPurchaseAgreementsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_PowerPurchaseAgreementsMember" xlink:to="lab_bepc_PowerPurchaseAgreementsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_FundsPlacedOnDeposit_6b9ff952-0e99-4dd1-882f-26c3415c9590_terseLabel_en-US" xlink:label="lab_bepc_FundsPlacedOnDeposit" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Funds placed on deposit </link:label>
<link:label id="lab_bepc_FundsPlacedOnDeposit_label_en-US" xlink:label="lab_bepc_FundsPlacedOnDeposit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Funds Placed On Deposit </link:label>
<link:label id="lab_bepc_FundsPlacedOnDeposit_documentation_en-US" xlink:label="lab_bepc_FundsPlacedOnDeposit" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Funds Placed On Deposit </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_FundsPlacedOnDeposit" xlink:href="bepc-20231231.xsd#bepc_FundsPlacedOnDeposit"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_FundsPlacedOnDeposit" xlink:to="lab_bepc_FundsPlacedOnDeposit" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ChangesInPropertyPlantAndEquipmentLineItems_c0c8040b-981f-481c-b67b-2cbb2c2742db_terseLabel_en-US" xlink:label="lab_bepc_ChangesInPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Changes in Property Plant And Equipment [Line Items] </link:label>
<link:label id="lab_bepc_ChangesInPropertyPlantAndEquipmentLineItems_label_en-US" xlink:label="lab_bepc_ChangesInPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Changes in Property Plant And Equipment [Line Items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ChangesInPropertyPlantAndEquipmentLineItems" xlink:href="bepc-20231231.xsd#bepc_ChangesInPropertyPlantAndEquipmentLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ChangesInPropertyPlantAndEquipmentLineItems" xlink:to="lab_bepc_ChangesInPropertyPlantAndEquipmentLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfGoodwillExplanatory_896d62bd-edba-4a04-97e4-beade0b48152_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> GOODWILL </link:label>
<link:label id="lab_ifrs-full_DisclosureOfGoodwillExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of goodwill [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGoodwillExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfGoodwillExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGoodwillExplanatory" xlink:to="lab_ifrs-full_DisclosureOfGoodwillExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentInterestPayable_ddba356d-c17f-47a7-a8d2-6e8db19f92b1_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentInterestPayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Interest payable on non-recourse borrowings </link:label>
<link:label id="lab_ifrs-full_CurrentInterestPayable_label_en-US" xlink:label="lab_ifrs-full_CurrentInterestPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current interest payable </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentInterestPayable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentInterestPayable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentInterestPayable" xlink:to="lab_ifrs-full_CurrentInterestPayable" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DirectOperatingCostAbstract_7934f596-14a5-4c61-88e9-7451a06bf8a7_terseLabel_en-US" xlink:label="lab_bepc_DirectOperatingCostAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Direct operating costs </link:label>
<link:label id="lab_bepc_DirectOperatingCostAbstract_label_en-US" xlink:label="lab_bepc_DirectOperatingCostAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Direct operating cost [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DirectOperatingCostAbstract" xlink:href="bepc-20231231.xsd#bepc_DirectOperatingCostAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DirectOperatingCostAbstract" xlink:to="lab_bepc_DirectOperatingCostAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_RevaluationIncreaseDecreaseConstructionInProgress_43ef7d41-e2ad-47cd-bad1-5d163784115d_terseLabel_en-US" xlink:label="lab_bepc_RevaluationIncreaseDecreaseConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Change in fair value </link:label>
<link:label id="lab_bepc_RevaluationIncreaseDecreaseConstructionInProgress_label_en-US" xlink:label="lab_bepc_RevaluationIncreaseDecreaseConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revaluation increase (decrease), Construction in Progress </link:label>
<link:label id="lab_bepc_RevaluationIncreaseDecreaseConstructionInProgress_documentation_en-US" xlink:label="lab_bepc_RevaluationIncreaseDecreaseConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Revaluation increase (decrease), Construction in Progress </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_RevaluationIncreaseDecreaseConstructionInProgress" xlink:href="bepc-20231231.xsd#bepc_RevaluationIncreaseDecreaseConstructionInProgress"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_RevaluationIncreaseDecreaseConstructionInProgress" xlink:to="lab_bepc_RevaluationIncreaseDecreaseConstructionInProgress" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_RestrictedCashAndCashEquivalents_0ba9101e-75ca-4aff-8ea2-2c201c14633b_verboseLabel_en-US" xlink:label="lab_ifrs-full_RestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted cash </link:label>
<link:label id="lab_ifrs-full_RestrictedCashAndCashEquivalents_e5eb9e69-faca-448f-9751-8896ae8423de_totalLabel_en-US" xlink:label="lab_ifrs-full_RestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total </link:label>
<link:label id="lab_ifrs-full_RestrictedCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_RestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Restricted cash and cash equivalents </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RestrictedCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RestrictedCashAndCashEquivalents"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RestrictedCashAndCashEquivalents" xlink:to="lab_ifrs-full_RestrictedCashAndCashEquivalents" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_BrookfieldRenewableEnergyCorporationMember_fd58ce7b-e4ca-4cdf-976a-c01f9b5605e0_terseLabel_en-US" xlink:label="lab_bepc_BrookfieldRenewableEnergyCorporationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> BEPC </link:label>
<link:label id="lab_bepc_BrookfieldRenewableEnergyCorporationMember_label_en-US" xlink:label="lab_bepc_BrookfieldRenewableEnergyCorporationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Renewable Energy Corporation [Member] </link:label>
<link:label id="lab_bepc_BrookfieldRenewableEnergyCorporationMember_documentation_en-US" xlink:label="lab_bepc_BrookfieldRenewableEnergyCorporationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Brookfield Renewable Energy Corporation </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_BrookfieldRenewableEnergyCorporationMember" xlink:href="bepc-20231231.xsd#bepc_BrookfieldRenewableEnergyCorporationMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_BrookfieldRenewableEnergyCorporationMember" xlink:to="lab_bepc_BrookfieldRenewableEnergyCorporationMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ContractedMember_4d64c7b7-d58d-49ac-82a3-e409988638ab_terseLabel_en-US" xlink:label="lab_bepc_ContractedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contracted </link:label>
<link:label id="lab_bepc_ContractedMember_label_en-US" xlink:label="lab_bepc_ContractedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Contracted [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ContractedMember" xlink:href="bepc-20231231.xsd#bepc_ContractedMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ContractedMember" xlink:to="lab_bepc_ContractedMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_GrossOfUnamortizedFinancingFeesAndAccumulatedAmortizationMember_856b5ae8-c58f-4303-85ab-b35f08adec65_terseLabel_en-US" xlink:label="lab_bepc_GrossOfUnamortizedFinancingFeesAndAccumulatedAmortizationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gross of Unamortized Financing Fees and Accumulated Amortization </link:label>
<link:label id="lab_bepc_GrossOfUnamortizedFinancingFeesAndAccumulatedAmortizationMember_label_en-US" xlink:label="lab_bepc_GrossOfUnamortizedFinancingFeesAndAccumulatedAmortizationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gross Of Unamortized Financing Fees And Accumulated Amortization [Member] </link:label>
<link:label id="lab_bepc_GrossOfUnamortizedFinancingFeesAndAccumulatedAmortizationMember_documentation_en-US" xlink:label="lab_bepc_GrossOfUnamortizedFinancingFeesAndAccumulatedAmortizationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Gross Of Unamortized Financing Fees And Accumulated Amortization [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_GrossOfUnamortizedFinancingFeesAndAccumulatedAmortizationMember" xlink:href="bepc-20231231.xsd#bepc_GrossOfUnamortizedFinancingFeesAndAccumulatedAmortizationMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_GrossOfUnamortizedFinancingFeesAndAccumulatedAmortizationMember" xlink:to="lab_bepc_GrossOfUnamortizedFinancingFeesAndAccumulatedAmortizationMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_IncreaseDecreaseThroughTransfersFromPropertyPlantAndEquipmentConstructionInProgress_05e53be1-ecc2-4e2b-bb3a-fe82dd64151c_terseLabel_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughTransfersFromPropertyPlantAndEquipmentConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Transfer to property, plant and equipment </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughTransfersFromPropertyPlantAndEquipmentConstructionInProgress_label_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughTransfersFromPropertyPlantAndEquipmentConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through transfers from property, plant and equipment, construction in progress </link:label>
<link:label id="lab_bepc_IncreaseDecreaseThroughTransfersFromPropertyPlantAndEquipmentConstructionInProgress_documentation_en-US" xlink:label="lab_bepc_IncreaseDecreaseThroughTransfersFromPropertyPlantAndEquipmentConstructionInProgress" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase (decrease) through transfers from property, plant and equipment, construction in progress </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_IncreaseDecreaseThroughTransfersFromPropertyPlantAndEquipmentConstructionInProgress" xlink:href="bepc-20231231.xsd#bepc_IncreaseDecreaseThroughTransfersFromPropertyPlantAndEquipmentConstructionInProgress"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_IncreaseDecreaseThroughTransfersFromPropertyPlantAndEquipmentConstructionInProgress" xlink:to="lab_bepc_IncreaseDecreaseThroughTransfersFromPropertyPlantAndEquipmentConstructionInProgress" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_5e26ef92-82a4-45a4-9592-588fa1562c2a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> PRINCIPAL SUBSIDIARIES </link:label>
<link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of subsidiaries [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory_97ed9064-dda3-4c86-ad33-328432ecf7b0_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Goodwill </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for goodwill [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NumberOfSharesRemeasured_86dc2118-78be-49dc-b9d4-0706179c2c99_terseLabel_en-US" xlink:label="lab_bepc_NumberOfSharesRemeasured" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Remeasurement of liability (in shares) </link:label>
<link:label id="lab_bepc_NumberOfSharesRemeasured_label_en-US" xlink:label="lab_bepc_NumberOfSharesRemeasured" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Number Of Shares Remeasured </link:label>
<link:label id="lab_bepc_NumberOfSharesRemeasured_documentation_en-US" xlink:label="lab_bepc_NumberOfSharesRemeasured" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Number Of Shares Remeasured </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NumberOfSharesRemeasured" xlink:href="bepc-20231231.xsd#bepc_NumberOfSharesRemeasured"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NumberOfSharesRemeasured" xlink:to="lab_bepc_NumberOfSharesRemeasured" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_EnergyMarketingFeeToRelatedPartyTransactions_df2354dd-1bb3-493f-909f-df92e86c5d3a_negatedTerseLabel_en-US" xlink:label="lab_bepc_EnergyMarketingFeeToRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Energy marketing fee & other services </link:label>
<link:label id="lab_bepc_EnergyMarketingFeeToRelatedPartyTransactions_label_en-US" xlink:label="lab_bepc_EnergyMarketingFeeToRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Energy marketing fee, related party transactions </link:label>
<link:label id="lab_bepc_EnergyMarketingFeeToRelatedPartyTransactions_documentation_en-US" xlink:label="lab_bepc_EnergyMarketingFeeToRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The amount of energy marking fees by the entity in related party transactions. </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_EnergyMarketingFeeToRelatedPartyTransactions" xlink:href="bepc-20231231.xsd#bepc_EnergyMarketingFeeToRelatedPartyTransactions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_EnergyMarketingFeeToRelatedPartyTransactions" xlink:to="lab_bepc_EnergyMarketingFeeToRelatedPartyTransactions" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisposalsPropertyPlantAndEquipment_3c9997c9-4f63-47db-a20e-156549ac16fa_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposals </link:label>
<link:label id="lab_ifrs-full_DisposalsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disposals, property, plant and equipment </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_Borrowings_3e22dc60-2d57-4a43-b79f-b5a727aca4cf_periodStartLabel_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Beginning balance </link:label>
<link:label id="lab_ifrs-full_Borrowings_665055a7-aea3-4e55-b703-4ab75b28bf05_periodEndLabel_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Ending balance </link:label>
<link:label id="lab_ifrs-full_Borrowings_1f2613c1-16a3-4b4b-9839-4aa59b48efe4_negatedLabel_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Total borrowings </link:label>
<link:label id="lab_ifrs-full_Borrowings_ce8a4763-4572-47b1-a5b0-caf5d6f3b3f9_terseLabel_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings </link:label>
<link:label id="lab_ifrs-full_Borrowings_label_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Borrowings </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Borrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Borrowings"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Borrowings" xlink:to="lab_ifrs-full_Borrowings" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_fbfcdcec-7e99-4520-8990-f7c53d4f13bf_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> CASH AND CASH EQUIVALENTS </link:label>
<link:label id="lab_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of cash and cash equivalents [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities_a6312ca5-92d2-4dca-9654-05d8cd63b7ea_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other cash payments to acquire interests in joint ventures, classified as investing activities </link:label>
<link:label id="lab_ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Other cash payments to acquire interests in joint ventures, classified as investing activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CurrentLiabilitiesRecognisedAsOfAcquisitionDate_a28cda86-20e0-4326-ad48-1b8daabc8f14_negatedLabel_en-US" xlink:label="lab_ifrs-full_CurrentLiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Accounts payable and accrued liabilities </link:label>
<link:label id="lab_ifrs-full_CurrentLiabilitiesRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_CurrentLiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Current liabilities recognised as of acquisition date </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLiabilitiesRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentLiabilitiesRecognisedAsOfAcquisitionDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_CurrentLiabilitiesRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_ClassesOfAssetsAxis_a084120c-2151-4071-9478-94c022ef9e70_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Classes of assets [axis] </link:label>
<link:label id="lab_ifrs-full_ClassesOfAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Classes of assets [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfAssetsAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfAssetsAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_69f5e98e-18a6-466e-bf25-07af06452230_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Foreign currency translation </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for foreign currency translation [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory"/>
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<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory_f6d732ed-936d-419c-9b10-b559361b1766_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Pension and employees future benefits </link:label>
<link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Description of accounting policy for employee benefits [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory"/>
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<link:label id="lab_ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory_9318eaa7-1a87-4761-b8c2-37d7eaedacc4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> OTHER LONG-TERM LIABILITIES </link:label>
<link:label id="lab_ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of other non-current liabilities [text block] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory"/>
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<link:label id="lab_bepc_DisclosureOfOtherNoncurrentAssetsTableTableTextBlock_a2617206-9844-419f-803b-8246fb98110b_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfOtherNoncurrentAssetsTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of other long-term assets </link:label>
<link:label id="lab_bepc_DisclosureOfOtherNoncurrentAssetsTableTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfOtherNoncurrentAssetsTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Other Noncurrent Assets Table [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfOtherNoncurrentAssetsTableTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfOtherNoncurrentAssetsTableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of other noncurrent assets table lead in </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfOtherNoncurrentAssetsTableTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfOtherNoncurrentAssetsTableTableTextBlock"/>
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<link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable_6a1a633b-8cf2-447a-90de-90f4a3a78ad8_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of finance lease and operating lease by lessee [table] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of quantitative information about right-of-use assets [table] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable"/>
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<link:label id="lab_ifrs-full_DividendsPaidOrdinaryShares_a7d92ea7-2b22-4a82-9682-b07928ab30a5_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends paid </link:label>
<link:label id="lab_ifrs-full_DividendsPaidOrdinaryShares_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Dividends paid, ordinary shares </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidOrdinaryShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendsPaidOrdinaryShares"/>
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<link:label id="lab_bepc_PowerhousesMember_e080c552-b1e4-498d-b298-5cbdd4516fa9_terseLabel_en-US" xlink:label="lab_bepc_PowerhousesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Powerhouses </link:label>
<link:label id="lab_bepc_PowerhousesMember_label_en-US" xlink:label="lab_bepc_PowerhousesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Powerhouses [Member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_PowerhousesMember" xlink:href="bepc-20231231.xsd#bepc_PowerhousesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_PowerhousesMember" xlink:to="lab_bepc_PowerhousesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfComponentsDeferredIncomeTaxTableTextBlock_5a29a693-fd8f-494c-8667-b671ebe53636_terseLabel_en-US" xlink:label="lab_bepc_DisclosureOfComponentsDeferredIncomeTaxTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Summary of deferred income tax recovery (expense) </link:label>
<link:label id="lab_bepc_DisclosureOfComponentsDeferredIncomeTaxTableTextBlock_label_en-US" xlink:label="lab_bepc_DisclosureOfComponentsDeferredIncomeTaxTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Components Deferred Income Tax [Table Text Block] </link:label>
<link:label id="lab_bepc_DisclosureOfComponentsDeferredIncomeTaxTableTextBlock_documentation_en-US" xlink:label="lab_bepc_DisclosureOfComponentsDeferredIncomeTaxTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of major components of deferred income tax explanatory </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfComponentsDeferredIncomeTaxTableTextBlock" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfComponentsDeferredIncomeTaxTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfComponentsDeferredIncomeTaxTableTextBlock" xlink:to="lab_bepc_DisclosureOfComponentsDeferredIncomeTaxTableTextBlock" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_fc83cbda-49cf-4a11-89d1-2f4fd3801b4e_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows from (used in) investing activities </link:label>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_e3efa6d6-7667-4cd8-bf5e-20a508b1b115_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase in cash used in investing activities </link:label>
<link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash flows from (used in) investing activities </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_InitiallyAppliedIFRSsMember_11239219-bb7d-44d4-ab10-757afefa9e32_terseLabel_en-US" xlink:label="lab_ifrs-full_InitiallyAppliedIFRSsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Initially applied IFRSs [member] </link:label>
<link:label id="lab_ifrs-full_InitiallyAppliedIFRSsMember_label_en-US" xlink:label="lab_ifrs-full_InitiallyAppliedIFRSsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Initially applied IFRSs [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InitiallyAppliedIFRSsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InitiallyAppliedIFRSsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InitiallyAppliedIFRSsMember" xlink:to="lab_ifrs-full_InitiallyAppliedIFRSsMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DecreaseIncreaseInTaxAssetsNotRecognized_2c8055ae-2446-4bfc-ad8c-be294bea8fff_verboseLabel_en-US" xlink:label="lab_bepc_DecreaseIncreaseInTaxAssetsNotRecognized" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Increase in tax assets not recognized </link:label>
<link:label id="lab_bepc_DecreaseIncreaseInTaxAssetsNotRecognized_label_en-US" xlink:label="lab_bepc_DecreaseIncreaseInTaxAssetsNotRecognized" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Decrease (Increase) In Tax Assets Not Recognized </link:label>
<link:label id="lab_bepc_DecreaseIncreaseInTaxAssetsNotRecognized_documentation_en-US" xlink:label="lab_bepc_DecreaseIncreaseInTaxAssetsNotRecognized" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Decrease (Increase) In Tax Assets Not Recognized </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DecreaseIncreaseInTaxAssetsNotRecognized" xlink:href="bepc-20231231.xsd#bepc_DecreaseIncreaseInTaxAssetsNotRecognized"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DecreaseIncreaseInTaxAssetsNotRecognized" xlink:to="lab_bepc_DecreaseIncreaseInTaxAssetsNotRecognized" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill_9379ec38-8695-465d-8ac8-9e025b498738_terseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Intangibles </link:label>
<link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Intangible assets other than goodwill </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwill"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ParticipatingNoncontrollingInterestsOperatingSubsidiariesMember_41b2bd12-74a3-46c5-ba7a-668a727107a8_terseLabel_en-US" xlink:label="lab_bepc_ParticipatingNoncontrollingInterestsOperatingSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Participating non-controlling interests – in operating subsidiaries </link:label>
<link:label id="lab_bepc_ParticipatingNoncontrollingInterestsOperatingSubsidiariesMember_label_en-US" xlink:label="lab_bepc_ParticipatingNoncontrollingInterestsOperatingSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Participating Noncontrolling Interests Operating Subsidiaries [Member] </link:label>
<link:label id="lab_bepc_ParticipatingNoncontrollingInterestsOperatingSubsidiariesMember_documentation_en-US" xlink:label="lab_bepc_ParticipatingNoncontrollingInterestsOperatingSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Participating Non-controlling Interests Operating Subsidiaries </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ParticipatingNoncontrollingInterestsOperatingSubsidiariesMember" xlink:href="bepc-20231231.xsd#bepc_ParticipatingNoncontrollingInterestsOperatingSubsidiariesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ParticipatingNoncontrollingInterestsOperatingSubsidiariesMember" xlink:to="lab_bepc_ParticipatingNoncontrollingInterestsOperatingSubsidiariesMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_OneToFiveYearsMember_8a7af7ad-1733-4cf9-91da-38425404e7a0_terseLabel_en-US" xlink:label="lab_bepc_OneToFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> 1 - 5 years </link:label>
<link:label id="lab_bepc_OneToFiveYearsMember_label_en-US" xlink:label="lab_bepc_OneToFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> One To Five Years [Member] </link:label>
<link:label id="lab_bepc_OneToFiveYearsMember_documentation_en-US" xlink:label="lab_bepc_OneToFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> One To Five Years </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_OneToFiveYearsMember" xlink:href="bepc-20231231.xsd#bepc_OneToFiveYearsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_OneToFiveYearsMember" xlink:to="lab_bepc_OneToFiveYearsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_CashAndCashEquivalentsAbstract_label_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Cash and cash equivalents [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashAndCashEquivalentsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashAndCashEquivalentsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalentsAbstract" xlink:to="lab_ifrs-full_CashAndCashEquivalentsAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DisclosureOfShareCapitalReservesAndOtherEquityInterestAbstract_label_en-US" xlink:label="lab_bepc_DisclosureOfShareCapitalReservesAndOtherEquityInterestAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Share Capital, Reserves And Other Equity Interest [Abstract] </link:label>
<link:label id="lab_bepc_DisclosureOfShareCapitalReservesAndOtherEquityInterestAbstract_documentation_en-US" xlink:label="lab_bepc_DisclosureOfShareCapitalReservesAndOtherEquityInterestAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure Of Share Capital, Reserves And Other Equity Interest </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DisclosureOfShareCapitalReservesAndOtherEquityInterestAbstract" xlink:href="bepc-20231231.xsd#bepc_DisclosureOfShareCapitalReservesAndOtherEquityInterestAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DisclosureOfShareCapitalReservesAndOtherEquityInterestAbstract" xlink:to="lab_bepc_DisclosureOfShareCapitalReservesAndOtherEquityInterestAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AveragePriceOfHedgingInstrument_ded129d1-900e-459c-af20-139b9390e254_terseLabel_en-US" xlink:label="lab_ifrs-full_AveragePriceOfHedgingInstrument" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Weighted average hedged rate for the year (in currency per dollar) </link:label>
<link:label id="lab_ifrs-full_AveragePriceOfHedgingInstrument_label_en-US" xlink:label="lab_ifrs-full_AveragePriceOfHedgingInstrument" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Average price of hedging instrument </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AveragePriceOfHedgingInstrument" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AveragePriceOfHedgingInstrument"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AveragePriceOfHedgingInstrument" xlink:to="lab_ifrs-full_AveragePriceOfHedgingInstrument" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_EntitysTotalForBusinessCombinationsMember_160d0484-c14d-49ee-a99a-9584908ebb9c_terseLabel_en-US" xlink:label="lab_ifrs-full_EntitysTotalForBusinessCombinationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity's total for business combinations [member] </link:label>
<link:label id="lab_ifrs-full_EntitysTotalForBusinessCombinationsMember_label_en-US" xlink:label="lab_ifrs-full_EntitysTotalForBusinessCombinationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Entity's total for business combinations [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EntitysTotalForBusinessCombinationsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EntitysTotalForBusinessCombinationsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EntitysTotalForBusinessCombinationsMember" xlink:to="lab_ifrs-full_EntitysTotalForBusinessCombinationsMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_AllLevelsOfFairValueHierarchyMember_e0573390-a7dd-4961-a9fc-1a0887b42cc2_terseLabel_en-US" xlink:label="lab_ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> All levels of fair value hierarchy [member] </link:label>
<link:label id="lab_ifrs-full_AllLevelsOfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> All levels of fair value hierarchy [member] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AllLevelsOfFairValueHierarchyMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:to="lab_ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Statement of comprehensive income [abstract] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_StatementOfComprehensiveIncomeAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_FinancialAssets_ca6f2d51-088d-487f-a23f-ed0f10b71e55_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial instrument assets </link:label>
<link:label id="lab_ifrs-full_FinancialAssets_label_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Financial assets </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssets" xlink:to="lab_ifrs-full_FinancialAssets" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_DeferredTaxAssetsLiabilitiesAxis_9c83f3af-6f22-4dcb-bc23-c546d5fffb79_terseLabel_en-US" xlink:label="lab_bepc_DeferredTaxAssetsLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred Tax Assets Liabilities [axis] </link:label>
<link:label id="lab_bepc_DeferredTaxAssetsLiabilitiesAxis_label_en-US" xlink:label="lab_bepc_DeferredTaxAssetsLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Deferred Tax Assets Liabilities [axis] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_DeferredTaxAssetsLiabilitiesAxis" xlink:href="bepc-20231231.xsd#bepc_DeferredTaxAssetsLiabilitiesAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_DeferredTaxAssetsLiabilitiesAxis" xlink:to="lab_bepc_DeferredTaxAssetsLiabilitiesAxis" xlink:type="arc" order="1"/>
<link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems_e35c4603-49a8-46c3-8035-75fb51f86b77_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about investment property [line items] </link:label>
<link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Disclosure of detailed information about investment property [line items] </link:label>
<link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInvestmentPropertyLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:to="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_ImpactOfOnePercentIncreaseMember_7e529d86-6c8f-48e7-b1c4-a1be6763dabe_terseLabel_en-US" xlink:label="lab_bepc_ImpactOfOnePercentIncreaseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact of 1% increase </link:label>
<link:label id="lab_bepc_ImpactOfOnePercentIncreaseMember_label_en-US" xlink:label="lab_bepc_ImpactOfOnePercentIncreaseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of One Percent Increase [Member] </link:label>
<link:label id="lab_bepc_ImpactOfOnePercentIncreaseMember_documentation_en-US" xlink:label="lab_bepc_ImpactOfOnePercentIncreaseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Impact Of One Percent Increase </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_ImpactOfOnePercentIncreaseMember" xlink:href="bepc-20231231.xsd#bepc_ImpactOfOnePercentIncreaseMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_ImpactOfOnePercentIncreaseMember" xlink:to="lab_bepc_ImpactOfOnePercentIncreaseMember" xlink:type="arc" order="1"/>
<link:label id="lab_bepc_NominalAmountOfHedgingInstrumentPower_4ce48b0f-b6df-4b2e-a26f-ba8052ea6bb2_terseLabel_en-US" xlink:label="lab_bepc_NominalAmountOfHedgingInstrumentPower" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Notional amount – GWh (in gigawatts) </link:label>
<link:label id="lab_bepc_NominalAmountOfHedgingInstrumentPower_label_en-US" xlink:label="lab_bepc_NominalAmountOfHedgingInstrumentPower" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> Nominal Amount Of Hedging Instrument Power </link:label>
<link:label id="lab_bepc_NominalAmountOfHedgingInstrumentPower_documentation_en-US" xlink:label="lab_bepc_NominalAmountOfHedgingInstrumentPower" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US"> The nominal amount of a hedging instrument GWh. </link:label>
<link:loc xlink:type="locator" xlink:label="loc_bepc_NominalAmountOfHedgingInstrumentPower" xlink:href="bepc-20231231.xsd#bepc_NominalAmountOfHedgingInstrumentPower"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bepc_NominalAmountOfHedgingInstrumentPower" xlink:to="lab_bepc_NominalAmountOfHedgingInstrumentPower" xlink:type="arc" order="1"/>
</link:labelLink>
</link:linkbase>


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/05/24  Brookfield Renewable Corp.        F-3                    6:474K                                   Donnelley … Solutions/FA


18 Previous Filings that this Filing References

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 1/11/24  Brookfield Renewable Partners LP  6-K         1/10/24    2:152K                                   Toppan Merrill/FA
 6/02/23  Brookfield Renewable Partners LP  6-K         6/02/23    4:583K                                   Globenewswire Inc./FA
 3/29/23  Brookfield Renewable Partners LP  6-K         3/29/23    2:156K                                   Toppan Merrill/FA
11/14/22  Brookfield Renewable Partners LP  6-K        11/14/22    2:162K                                   Toppan Merrill/FA
 4/14/22  Brookfield Renewable Partners LP  6-K         4/14/22    4:421K                                   Toppan Merrill/FA
12/09/21  Brookfield Renewable Corp.        6-K        12/09/21    4:356K                                   Donnelley … Solutions/FA
 8/12/21  Brookfield Renewable Partners LP  6-K         8/12/21    3:616K                                   Donnelley … Solutions/FA
 4/15/21  Brookfield Renewable Corp.        6-K         4/15/21    4:852K                                   Donnelley … Solutions/FA
 8/03/20  Brookfield Renewable Corp.        6-K         7/31/20   12:2.5M                                   Donnelley … Solutions/FA
 7/29/20  Brookfield Renewable Corp.        6-K         7/28/20    2:1.1M                                   Donnelley … Solutions/FA
 3/11/19  Brookfield Renewable Partners LP  6-K         3/11/19    5:1.1M                                   Toppan Merrill/FA
 1/17/18  Brookfield Renewable Partners LP  6-K         1/16/18    5:1.1M                                   Toppan Merrill/FA
11/27/15  Brookfield Renewable Partners LP  6-K        11/25/15    5:2.2M                                   Toppan Merrill/FA
 5/17/13  Brookfield Renewable Partners LP  20FR12B/A              5:7M                                     Donnelley … Solutions/FA
 4/29/13  Brookfield Renewable Partners LP  20FR12B/A   4/26/13    5:5.5M                                   Donnelley … Solutions/FA
 1/10/13  Brookfield Renewable Partners LP  20FR12B/A              6:7.5M                                   Donnelley … Solutions/FA
 8/20/12  Brookfield Renewable Partners LP  20FR12B/A   8/17/12    8:7.1M                                   Donnelley … Solutions/FA
 6/28/12  Brookfield Renewable Partners LP  20FR12B/A             21:9.4M                                   Donnelley … Solutions/FA
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