Czech Republic Power Report Q1 2015 - New Study Released

From: Fast Market Research, Inc.
Published: Tue Dec 30 2014


Our view on the Czech power market remains largely unvaried this quarter, while concerns over the country's energy security and carbon emissions profile move to the forefront. T he future of nuclear and renewables in the country looks increasingly uncertain as the development of both sources experienced setbacks in recent quarters. With ag e ing domestic capacity scheduled to come offline over the coming two decades and EU regulations pressurising the country to lessen its dependence on coal, nuclear and renewables had appeared to be the preferred method to fill any future power gap. However, t his is now in doubt, with the country showing inclinations to maintain an important share of coal-generated electricity in the mix.

Key Trends And Developments

* Allowing for system losses (forecast at 5.83%in 2014 and expected to decrease to 5.79% by 2023), owing to new investment in the grid), power supply should continue to outweigh demand, enabling continued net exports to neighbouring states. This quarter, we expect Czech power generation to reach an 83.07TWh in 2014, and expect it will decrease by an annual average of 0.75% between 2014 and 2023, to reach 77.95TWh.
* Industry Minister Jan Mladek stated on November 27 2014 that the debate over nuclear power leans to having one new block at each of the two nuclear power plants operated by CEZ, with the possibility of two different investors taking part. However, we highlight that the question is fa from resolved as the government is still working on the new energy strategy, which should be completed by the end of 2014.
* This notwithstanding, according to reports, electricity prices in the Czech Republic are expected to decrease by around 1% for households in 2015. Consumers with multiannual fixed contracts might save more.

Full Report Details at
- http://www.fastmr.com/prod/924134_czech_republic_power_report_q1_2015.aspx?afid=301

The Czech Republic Power Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering electricity generation (coal, gas, oil, nuclear, hydro and non-hydro renewables), electricity consumption, trade, transmission and distribution losses and electricity generating capacity.

The Czech Republic Power Report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing national and multinational operators by sales, market share, investments, projects, partners and expansion strategies.

Key Benefits

* Use BMI's independent industry forecasts for Czech Republic to test other views - a key input for successful budgeting and strategic planning in the power market.
* Target business opportunities and risks Czech Republic's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Czech Republic

About Fast Market Research

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For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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