DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/bd72cb/nigeria_power_repo) has announced the addition of the "Nigeria Power Report Q2 2011" report to their offering.
Business Monitor International's Nigeria Power Report provides industry professionals and strategists, corporate analysts, power associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Nigeria's power industry.
In this new report, BMI forecasts that Nigeria will account for 2.14% of Middle East and Africa (MEA) regional power generation by 2015, with the country struggling to narrow the supply/demand gap. BMI's MEA power generation assumption for 2010 is 1,222 terawatt hours (TWh), representing an increase of 4.0% over the previous year (where markets were depressed by the economic slowdown). This report is forecasting an increase in regional generation, to 1,508TWh by 2015, representing a rise of 18.5% between 2011 and the end of the period.
Nigeria now shares sixth place with Kenya in BMI's updated Power Business Environment Ratings. Its position should prove secure over the medium term, with Iran, six points below, posing little threat. Import dependency is average for the region, while the proportion of renewables is relatively high. However, the power sector is not particularly competitive, with limited progress towards privatisation.
Between 2011 and 2020 BMI forecasts a 86.4% increase in Nigerian electricity generation, near the top of the MEA range. This equates to 40.2% in 2015-2020, up from 32.9% in 2011-2015. PED growth in 2015- 2020 is set be 27.6%, up from 21.6% for 2011-2015 and representing 55.1% for the entire forecast period. Hydro-power use is forecast to increase by 29% between 2011 and 2020, while thermal power generation is expected to rise 110% during the period, fuelled largely by natural gas.
Key Topics Covered:
- SWOT Analysis
- Industry Overview
- Middle East And Africa Region
- Regulation And Competition
- Business Environment
- Nigeria's Power Outlook
- Generation
- Gas-Fired
- Oil-Fired
- Coal-Fired
- Nuclear Energy
- Hydro-Electric
- Renewable Energy
- Power Costs
- Transmission
- Assumptions And Methodology
- Macroeconomic Outlook
- Regional Outlook
- Nigeria Overview
- Methodology And Risks To Forecasts
- Competitive Landscape
For more information visit http://www.researchandmarkets.com/research/bd72cb/nigeria_power_repo