Czech Republic Power Report

Published 10 June 2015

  • 57 pages
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  • Includes 3 free updated quarterly reports
 
$1,295.00
Czech Republic Power Report

BMI View: This quarter o ur view on the Czech power market remains largely unvaried, while concerns over the country's energy security and carbon emissions profile move to the forefront.

The future of nuclear and renewables in the country looks increasingly uncertain as the development of sources experienced setbacks and questions about Czech energy security and its emissions profile are becoming more pronounced. With ageing domestic capacity scheduled to come offline over the coming two decades and EU regulations pressuring 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, this is now in doubt, with the country showing inclinations to maintain an important share of coal-generated electricity in the mix. We further believe that the Czech Republic's export status could be in jeopardy as a result of a failure to build new power generation capacity.

Key Trends And Developments

  • Allowing for system losses (forecast at 4.88% in 2015 and expected to decrease to 3.56% by 2024, 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 83.30TWh in 2015 and expect it will increase by an annual average 0.11% between 2015 and 2024, to reach 83.4TWh.

  • On 18 May 2015, the Czech government approved an update version of country's energy strategy - the first version of the document was approved in 2004. The revised strategy sets out the targets for and direction of the Czech energy sector for next 25 years, focussing on nuclear and renewables.

  • While this strategy is binding on the state administration in the field of energy management, it is still unclear how it will be implemented due to budgetary and financial constraints. Finance Minister Andrej Babis and Prime Minister Bohuslav Sobotka have indicated that the state will not give...

Table of Contents

BMI Industry View
7
SWOT
8
Industry Forecast
10
Czech Republic Snapshot
10
Table: Country Snapshot: Economic and Demographic Data (Czech Republic 2014-2019)
10
Table: Country Snapshot: Economic and Demographic Data (Czech Republic 2019-2024)
10
Table: Country Snapshot: Power Sector
10
Czech Republic Power Forecast Scenario
11
Electricity Generation And Power Generating Capacity
11
Table: Total Electricity Generation Data And Forecasts (Czech Republic 2013-2018)
11
Table: Total Electricity Generation Data And Forecasts (Czech Republic 2019-2024)
12
Table: Electricity Generating Capacity Data And Forecasts (Czech Republic 2013-2018)
13
Table: Electricity Generating Capacity Data And Forecasts (Czech Republic 2019-2024)
14
Electricity Consumption
20
Table: Total Electricity Consumption Data And Forecasts (Czech Republic 2013-2018)
20
Table: Total Electricity Consumption Data And Forecasts (Czech Republic 2019-2024)
20
Transmission & Distribution, Imports & Exports
21
Table: Electric Power T&D Losses Data And Forecasts (Czech Republic 2013-2018)
21
Table: Electric Power T&D Losses Data And Forecasts (Czech Republic 2019-2024)
21
Table: Trade Data And Forecasts (Czech Republic 2013-2018)
21
Table: Trade Data And Forecasts (Czech Republic 2019-2024)
21
Industry Risk/Reward Ratings
23
Industry Risk Reward Index
23
Czech Republic Power Risk/Reward Index
28
Rewards
28
Risks
29
Market Overview
30
Key Policies And Market Structure
30
Regulation And Competition
30
Sustainable Energy Policies
31
Pricing
33
Table: Electricity prices for household consumers, 2014 (EUR/kWh)
34
Czech Republic Power Projects Database
35
Table: Major Projects - Power
35
Competitive Landscape
37
CEZ
37
CEPS
38
PRE
38
E
38
Company Profile
39
-EZ
39
Table: CEZ's Strategic Programmes
40
Regional Overview
43
CEE Power Regional Overview
43
Glossary
50
Table: Glossary Of Terms
50
Methodology
51
Industry Forecast Methodology
51
Sources
54
Risk/Reward Index Methodology
54
Table: Power Risk/Reward Index Indicators
55
Table: Weighting Of Indicators
56

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.
  • 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.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Competitive Landscape analysis.

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts, views and trend analysis, covering power markets, regulatory changes, major investments, projects and company developments.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the power sector and within the broader political, economic and business environment.

BMI’s Power Forecast Scenario

Forecasts to end-2024 for all key indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecasts:

  • Generation: Electricity generation total, thermal, coal, natural gas, oil, nuclear, hydropower, hydro-electric pumped storage and non-hydropower renewables.
  • Transmission and Distribution Losses: Electric power transmission and distribution losses.
  • Trade: Total imports and exports.
  • Electricity Consumption: Net consumption.
  • Electricity Capacity: Capacity net, conventional thermal, nuclear, hydropower and non-hydroelectric renewables.

BMI’s Power Risk Reward Index

BMI’s Risk Reward Indices provide investors (power companies, service companies and equity investors) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide indices of highest to lowest appeal to investors,

Market Overview

Structure, size and value of the industry sector; overview of the industry landscape and key players; an assessment of the business operating environment, sustainable energy policies, pricing and the latest regulatory developments.

Key Projects Database

Details and analysis of all current and planned developments (new ventures, capacity expansion and other investments) across the sector broken down by location, sector type, capacity, value, companies and operational status.

Competitive Landscape

Illustration of the power industry that exploits our data-rich, in-depth analysis of the leading players in the sector and examination of operational results, strategic goals, market position and the potential for investment.

Power Outlook long-Term Forecasts

Regional long-term power forecasts covering electricity generation, consumption and capacity for thermal, hydroelectric and nuclear power. These are supported by a country specific  overview, alongside an analysis of key downside risks to the main forecasts.

Regional Overview

Providing BMI’s near-term economic outlook for the region as a whole, as well as taking a close look at countries of particular interest and the latest trends and developments.

Sources

The Power Market Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports, including Energy Information Administration (EIA), World Bank (WB) and United Nations (UN).

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc