New Market Report: Czech Republic Power Report Q3 2016


Recently published research from Business Monitor International, "Czech Republic Power Report Q3 2016", is now available at Fast Market Research



[ClickPress, Thu May 26 2016] We forecast that total electricity generation in the Czech Republic is set to decline by an annual average of 2.2% throughout our 10-year forecast period. A lack of new power plants planned, decommissioning of nuclear reactors and the lack of economic viability for renewable electricity underlines t his forecast. By the end of 2025 , we expect Czech Republic to become a net-importer of electricity.Latest Updates and Structural TrendsWe have fully included the 841 megawatt (MW) Pocerady combined cycle gas turbine (CCGT) into our forecasts from 2021 onwards. Although the plant is currently only utilised as a backup source of generation in case of electricity shortages, we forecast it will be utilised full-time as some of the ageing nuclear power plants are decommissioned.Unit 1 of the Dukovany Nuclear Power Plant has been licensed to operate further, for an indefinite timeframe. We do not currently alter our nuclear power generation forecasts due to flawed safety checks at the nuclear reactors which have led to the power plants operating below capacity.US-based supplier, Westinghouse, has won the contract to supply the fuel for CEZ Holdings' Temelin nuclear power plant after lead test assemblies determined that alternative nuclear fuels were compatible with the reactor.We are maintaining our muted forecasts for non-hydropower renewable electricity in Czech Republic. We do not forecast growth in renewable electricity after the Czech Regulatory Office's (ERU) statements that it will only make feed-in-tariff (FiT) payments available to power plants that have been approved by the European Commission (EC). We forecast that generation from non-hydropower renewables will total up to 6.2 terawatt hours (TWh) in 2025, from a level of 6.1TWh in 2016.We are maintaining our forecasts for transmission and distribution losses over our 10-year forecast period. We forecast losses to decrease from 4.7% of total electricity generation in 2016 to 3.3% in 2025.

Full Report Details at
- http://www.fastmr.com/prod/1172830_czech_republic_power_report.aspx?afid=301

The Czech Republic Power Report features BMI Research'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.

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