(MENAFNEditorial)
Nuclear power will be key to driving Romania's energy sector given the prospect of massive Chinese and Canadian investment in the second half of the decade. Renewables will also continue to play an important role although the scaling back of the government's support will slow investment. Consumption will fluctuate depending on growth but the broad trend will be upwards. Electricity prices will moderate as the implicit subsidy for green energy is lifted. The government will remain committed to privatisation of the power sector increasing the potential for market-driven competition.
Key Trends And Developments
* Romania's production of electricity is growing rapidly by 9% year on year during the first eight months of 2014. This is a result of heavy rainfall in spring but also continued investment in Romania's generation capacity. Production in solar power increased threefold on an annual basis (to 1.0TWh) and production in hydropower rose by 17.4% year on year in January-August to reach 12.8 TWh.
* The value of the largest power companies has risen sharply and their shares are currently the best-performing blue-chip stocks on the Bucharest Stock Exchange. Shares in Transelectrica gained 66% in the first ten months of 2014.
* As a result of rising production exports have surged by 5.7 times on an annualized basis in the first eight months of 2014. In the background to this Romania has continued to invest in new interconnectors and struck agreements with neighbours to open up their electricity markets which will underpin future growth in exports.
* In November Romania joined the so-called 4M Market Coupling project which will incorporate the country into the common Czech-Hungarian-Slovak electricity market.
* Various companies have expressed an interest in buying Enel's assets following its decision in July to pull out of the Romanian market. The Romanian state-owned power companies Nuclearelectrica and Electrica and China's State...
Full Report Details at
- http://www.fastmr.com/prod/924274_romania_power_report_q1_2015.aspx?afid=101
The Romania 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 Romania 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 Romania to test other views - a key input for successful budgeting and strategic planning in the power market.
* Target business opportunities and risks Romania's power sector through our reviews of latest power industry trends regulatory changes and major deals projects and investments in Romania
* 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.
Regional Overview
The Regional Overview provides a comparative context from within which one can assess the relative profitability of the power industry in a given country incorporating BMI's country risk macro forecasts into our regional analysis. They also detail any relevant issues or events that might cause market fluctuations as well as evaluate the impact of existing power infrastructure and fresh investments on the regional market.
BMI Industry Forecasts
The Industry Forecasts provide historic data series and forecasts to end-2018 for electricity generation (TWh) and electricity generating capacity (MW) for each individual power segment present in the country. These forecasts are in turn supported by explicit assumptions in conjunction with analysis of the key risks to the main forecast. These in turn are broken down into:
Electricity Generation forecasts for Thermal Coal Gas Oil Nuclear Hydro and Non-Hydro Renewables. For this section we provide information on electricity generation (TWh) % growth year-on-year KWh per capita and the % of total electricity generation. The thermal fuels (coal gas and oil) also have figures for their % of total thermal electricity generation.
Electricity Generating Capacity offers forecasts for the potential net capacity and net capacity growth % change year-on-year for the whole power industry. It also includes individual forecasts for capacity (MW) capacity growth % change year-on-year and % of total capacity for Thermal Nuclear Hydro and Non-Hydro Renewables.
The section also includes historic data series and forecasts to end-2018 for:
Electricity Consumption encompassing information on net consumption (TWh) net consumption growth % change year-on-year and net consumption per capita (KWh).
Transmission And Distribution Losses comprising predictions on Electric Power Transmission And Distribution Losses (TWh) and Electric Power Transmission And Distribution Losses % of Output.
Electricity Trade offering historical figures for imports and exports and forecasts for net imports (TWh).
Market Overview
This section provides an overview of the industry landscape and key players; assessment of the business operating environment and the latest regulatory developments.
Risk/Reward Rankings
BMI's Power Risk/reward Rankings provide fully comparable rankings aimed at investors (power companies services companies and equity investors) in the regional power market. The rankings methodology makes sophisticated use of various industry economic and demographic data points and is part of BMI's integrated Country Risk-Industry Rankings products.
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts we provide quick and easy access to the best competitive intelligence available. Our unbiased expert staff is always available to help you find the right research to fit your requirements and your budget.
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.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.