Czech Republic Renewables Report

Published 09 December 2014

  • 36 pages
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Czech Republic Renewables Report

BMI View : We continue to see limited opportunities in the Czech renewable market at present, as concerns over the country's economic competiveness and previous difficulties with setting renewables subsidies at a sustainable level, has led the government to scale back, and almost abandon, its pursuit of renewable energy. With cheaper fuel sources taking priority, we maintain our reserved outlook for the sector , expecting non-hydro renewable gener ation to account for roughly 9.4 % of total electricity generation by 2023.

The country aims to develop renewables to account for at least 15-16% of total energy consumption by 2030; a target that we consider unachievable at present.

Although Czech Republic has made an impressive start in adopting renewable sources into its electricity mix, we believe that high levels of regulatory uncertainty in the industry and the government's apparent preference for thermal power sources will result in a much less robust expansion than in previous years.

As such, we forecast renewable capacity to grow moderately over our 10-year forecast period to 2023, registering an average annual growth rate of 2.6% between 2014 and 2023. Non-hydro renewables generation will expand at a similarly slow rate, around 2.2% over the same time period.

Key Trends And Developments

  • The approval in September 2013 of a law that put an end to the majority of state subsidies for renewable energy in the country will affect the growth forecasts for the market. We now expect solar capacity to grow by a modest 1.2% annually between 2014 and 2023, while wind capacity will grow by 10.9 % over the same period.

  • President Milos Zeman has confirmed the country's new stance towards renewables. Speaking at a conference, Zeman said he rejects the EU's efforts to increase the share of renewable sources.

  • CEZ has decided to cancel the long-delayed tender for two new reactors at the Temelin nuclear power plant. The decision comes as a number of uncertainties have...

Table of Contents

BMI Industry View
Industry Forecast
Czech Republic Renewables Forecast Scenario
Table: Czech Total Electricity Generation Data And Forecasts, 2011-2016
Table: Czech Total Electricity Generation Long-Term Forecasts, 2017-2022
Table: Czech Electricity Generating Capacity Data And Forecasts, 2011-2016
Table: Czech Electricity Generating Capacity Long-Term Forecasts, 2017-2022
Czech Republic Renewables Projects Database
Table: Czech Republic Key Projects - Renewables
Industry Risk Reward Ratings
Czech Republic Renewables Risk/Reward Ratings
Market Overview
Sustainable Energy Policy and Infrastructure
Table: Renewable Feed-In Tariffs in Czech Republic, 2011
Competitive Landscape
Table: Glossary of Terms
Methodology and Sources
Industry Forecasts
Renewables Industry - Data Methodology
Power Risk/Reward Ratings Methodology
Table: Power Risk/Reward Indicators

The Czech Republic Renewables Report researched at source contains Business Monitor International (BMI)'s assessment of the current renewables market in Czech Republic. The report also contains historical data together with forecasts to end-2018 covering electricity generation (TWh) and electricity capacity (MW).

The renewables sectors covered in the report include Wind, Solar, Geothermal, Tidal and Wave, and Biomass (See Table of Contents for exact coverage). The report also features details on government green energy agendas and funding opportunities, as well as presenting a detailed list of key renewables projects currently being planned or undertaken in Czech Republic, their capacity, the timeframe of construction and their current status.

The report discusses the various energy policies currently in force, including targets, subsidies and the relevant infrastructure developments or limitations which might impact on renewables growth, analysing the potential effects of regulatory changes in conjunction with the background macroeconomic outlook. Finally, there is a general overview of the competitive landscape in Czech Republic, together with a detailed summary of the main utilities and manufacturers present and their business operations.

BMI's Czech Republic Renewables Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with unique independent forecasts and competitive intelligence on the Czech Republic renewables industry.

Key Benefits

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


BMI Industry View

Summary of BMI's key industry forecasts, views and trend analysis covering the renewables market in Czech Republic, regulatory changes, major investments and projects and significant multinational and national company developments.

Industry SWOT Analysis

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

BMI Industry Forecasts

Historic data series (2010-2012) and forecasts to end-2018 for electricity generation (TWh) and electricity generating capacity (MW) for each individual renewables sector present in the country.

These in turn are broken down into:

Electricity Generation: Overall capacity (TWh), growth % change year-on-year, KWh per capita, % of Total Non-Hydropower renewables generation, % of total electricity generation.

Electricity Capacity: Overall capacity (MW), growth % change year-on-year, % of non-hydroelectric renewables capacity and % of total capacity.

These forecasts are in turn supported by explicit assumptions, in conjunction with analysis of the key risks to the main forecast.

Business Environment Rankings

BMI's Renewables Business Environment Rankings provide fully comparable Risk-Reward Rankings aimed at investors in the regional renewables market.

The rankings methodology makes sophisticated use of various industry, economic and demographic data point.

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'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