DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8b78f6/czech_republic_pow) has announced the addition of the "Czech Republic Power Report Q4 2011" report to their offering.
Czech Republic Power Report provides industry professionals and strategists, corporate analysts, power associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Czech Republic's power industry.
The Czech Republic's power industry forecasts have been revised this quarter following the release of new historical data by two of our main reference sources. Although, as a result, some quantitative differences have appeared in our forecasts, we highlight that our main view on the market remains unchanged, with Czech power generation and consumption both expected to rise at a steady but controlled pace in the coming years.
Considering both demand and generation dynamics, we anticipate that that current total installed generating capacity will be sufficient to cover domestic demand and export some spare surplus, while maintaining a healthy reserve margin. We stress however that, according to the Czech government, no major new generating plant, either thermal or nuclear, is expected to be commissioned until 2012. Nonetheless, numerous small units using renewable sources should come on-line.
On the longer term, the country aspires to significantly boost its nuclear power generation, with plans to add an additional 1.2GW of nuclear capacity by 2020. Yet, various issues (including weak electricity demand and requests for more time from bidders) have so far delayed the award of the tender.
CEZ and CEPS.
- Czech utility group CEZ announced in May that according to a new feasibility study two new reactors each with up to 1,600MW capacity could be constructed at the site of its Temelin nuclear power plant (NPP). The study, conducted by CEZ, found that there is no restriction on any design category of the participants in the tender for a technology supplier. The company will select the winner for the (approximately) CZK200bn (US$11.44bn) project in 2013 and the reactors are due to start commercial operations from 2021. France-based Areva, US-based Westinghouse and a consortium led by Russia's Atomstroyexport and Czech nuclear industry supplier koda are competing for the project.
Companies Mentioned:
- CEZ
For more information visit http://www.researchandmarkets.com/research/8b78f6/czech_republic_pow