Slovakia Power Report

Published 12 June 2015

  • 54 pages
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  • Includes 3 free updated quarterly reports
 
$1,295.00
Slovakia Power Report

Declining output from gas and hydropower plants and lacklustre demand growth will see Slovakian power generation decline in 2015. Over the next decade, however, generation will increase by nearly 30%, mainly as a result of an expansion of nuclear power. This will mean that Slovakia will become one of the few powerhouses in Europe, exporting up to 5.4TWh of electricity by 2024. Domestic consumption will also gradually increase, albeit at a much slower rate than the generation growth.

Key Trends And Developments

  • Italian firm ENEL received binding bids on May 9 and it has been reported that the state of Slovakia is interested in increasing its stake in the firm's local subsidiary Slovenske Elektrarne (SE). Meanwhile, Czech incumbent CEZ has decided to pull out from bidding for the Slovakian utility due to increased interest from the government. A local utility Energeticky a Prumyslovy Holding, (EPH) and Hungarian utility MVM are reportedly also in the running to purchase a stake in SE.

  • The government of Slovakia will take over operations of the 720MW Gabcikovo hydropower plant in the country from Enel Green Power's SE. The decision came after a regional court invalidated a contract awarded to the subsidiary to operate the facility. The government further intends to seek compensation, which could amount to EUR320mn (USD337.2mn), for invalid operations at the plant.

  • The government is maintaining pressure on Enel, which has angered the government with cost overruns on developing the Mochovce nuclear power plant. In December 2014, the authorities conducted another raid on Enel's office in Bratislava, demanded EUR226m in payment for alleged irregularities in the initial purchase of SE, payable prior to any sale and terminated Enel's lease on the Gabcikovo hydropower plant.

  • The development of the renewables sector took a step forward in December 2014 when Biochemtex and Beta Renewables signed an agreement with Energochemica SE for the construction of a...

Table of Contents

BMI Industry View
7
SWOT
8
Industry Forecast
10
Slovakia Snapshot
10
Table: Country Snapshot: Economic and Demographic Data (Slovakia 2014-2019)
10
Table: Country Snapshot: Economic and Demographic Data (Slovakia 2019-2024)
10
Table: Country Snapshot: Power Sector
10
Slovakia Power Forecast Scenario
11
Table: Total Electricity Generation Data And Forecasts (Slovakia 2013-2018)
11
Table: Total Electricity Generation Data And Forecasts (Slovakia 2019-2024)
12
Table: Electricity Generating Capacity Data And Forecasts (Slovakia 2013-2018)
13
Table: Electricity Generating Capacity Data And Forecasts (Slovakia 2019-2024)
14
Electricity Generation And Power Generating Capacity
15
Electricity Consumption
20
Table: Total Electricity Consumption Data And Forecasts (Slovakia 2013-2018)
20
Table: Total Electricity Consumption Data And Forecasts (Slovakia 2019-2024)
20
Transmission & Distribution, Imports And Exports
21
Table: Electric Power T&D Losses Data And Forecasts (Slovakia 2013-2018)
21
Table: Electric Power T&D Losses Data And Forecasts (Slovakia 2019-2024)
22
Table: Trade Data And Forecasts (Slovakia 2013-2018)
22
Table: Trade Data And Forecasts (Slovakia 2019-2024)
22
Industry Risk/Reward Ratings
23
Industry Risk Reward Index
23
Slovakia Power Risk/Reward Index
28
Rewards
28
Market Overview
30
Key Policies And Market Structure
30
Regulation And Competition
30
Table: Electricity Prices In the EU Member States, As Of May 2012
32
Slovakia Power Projects Database
33
Table: Slovakia - Power Projects
33
Competitive Landscape
34
SE
35
SPP
36
ZSE
36
SSE
36
VSE
36
CEZ
37
Company Profile
38
Slovak Electric
38
Regional Overview
40
CEE Power Regional Overview
40
Glossary
47
Table: Glossary Of Terms
47
Methodology
48
Industry Forecast Methodology
48
Sources
51
Risk/Reward Index Methodology
51
Table: Power Risk/Reward Index Indicators
52
Table: Weighting Of Indicators
53

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