Energy

A total of €21.8 billion will be invested between 2015 and 2030 on new power generation capacity in Romania. Nuclear accounts for the largest portion, but there is also investment in gas, hydro, and renewables. At the same time, a number of aging assets will be retired, not only in generation, but also in transmission and distribution. New grid i...

The island of Ireland is readying itself for a major market transformation as SEM (Single Electricity Market) design, being incompatible with the European Target Model is being replaced by the Integrated Single Electricity Market (I-SEM) late 2017, if everything goes according to plan. Keeping that aside, the progress by renewable energy especially...

Sweden has a high renewable energy potential. The country has met its 2020 renewable energy target of 49% in 2013 already. Sweden plans to continue efficient operation of its existing energy sources and is committed to 100% renewable energy by 2040. Sweden has a huge potential for electricity generation from wind, biomass and biogas, which form a k...

16 Aug 2017  |  Europe  |  Market Research

Electricity Industry Profiles—The United Kingdom

Significant Investment Opportunities as the UK Seeks to Transform and Decarbonise its Energy System

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In 2015, electricity demand was primarily supplied through renewable energy, nuclear, and gas, accounting a combined total of 76% of the electricity generated. This indicates two things. First, renewable generation share in the market is increasing and is expected to form a major portion of the generation mix in the coming years. Second, nuclear an...

Bulgaria remains heavily dependent on coal (44.1% in 2015) and nuclear power (32.1% in 2015) for its electricity. Unlike most European countries, Bulgaria remains committed to nuclear, with plans for 2 new reactors backed by Russian investment. Bulgaria has exceeded its renewable energy target of 16%. It hit 18.2% in 2015 and managed 19.4% when onl...

Poland will remain dependent on coal-fired generation, with 5GW of new capacity under construction. Installed capacity will decline by 2030, but coal will still account for 46% of electricity supply based on current policies. Wind energy was a promising market in Poland, but the changes in the law regarding turbines and proximity to buildings and f...

Developing Asia, which has significant peak power shortages and substantial electrification gaps, offers abundant opportunities for private developers or Independent Power Producers (IPPs). A massive 184.4GW of expected IPP capacity additions between 2015 and 2020, makes it perhaps the largest region for new-build power plants. With the cooling do...

13 Jun 2017  |  Europe  |  Market Research

Turkish Generator Sets Market, Forecast to 2021

The Industry is Set to Continue its Growth Despite the Tough Market Conditions

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The Turkish genset market shrank because of challenging market conditions, the generator set market is expected to recover 2017 onward taking advantage of its strategic position as an import-export hub. Despite the market's settled structure, fierce competition and price-oriented approach combined with macro-economic factors have put pressure on th...

The rooftop solar market in Asia-Pacific is at the growth stage, but is likely to witness changes in feed-in tariff (FiT) until 2020. Solar module prices are expected to continue to decline due to price competition led by Chinese manufacturers and the slowing down of global demand. However, prices are expected to decline at a slower pace till 2020...