DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/e1c37c/vietnam_power_repo) has announced the addition of the "Vietnam Power Report Q4 2011" report to their offering.
Business Monitor International's Vietnam Power Report provides industry professionals and strategists, corporate analysts, power associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Vietnam's power industry.
In light of Vietnam's economic and demographic growth, power consumption is expected to increase from an estimated 84.56 terawatt hours (TWh) in 2010 to 194.85TWh in 2020. Vietnam will therefore need to step up its power generation to meet growing demand, and according to BMI's forecasts electricity supply will increase from an estimated 97.71TWh in 2010 to 207.93TWh by 2020. Power shortages are, however, expected to continue during this period unless adequate measures are taken to increase the power supply.
Key themes and developments for Vietnam's power sector this quarter include:
- Following a hike in electricity prices in March 2011, retail electricity prices were then left unchanged over the rest of H1 2011, as part of a government plan to curb inflation. New changes were eventually announced in September 2011, owing to dire plight of ENV and the country's power sector.
- The country is proceeding with the construction of various coal-fired plants.
- PV Power, a subsidiary of oil and gas company PetroVietnam completed a VND400bn (US$19.4mn) loan agreement with two banks for the construction of the Phu Quy wind power plant in May 2011. BMI believes that Vietnam remains one of the largest potential markets for wind power generation in Asia, but delays in passing an incentive policy for wind farms remains a pertinent downside risk.
Key Topics Covered By "Vietnam Power Report Q4 2011":
- SWOT Analysis
- Global Industry Overview
- Global Power Forecast
- Regional Industry Overview
- Industry Forecast Scenario
- Key Policies/Market Structure
- Business Environment
- Competitive Landscape/Company Monitor
For more information visit http://www.researchandmarkets.com/research/e1c37c/vietnam_power_repo