Poland and Hungary Electricity Industry Profiles 2017 – Research and Markets
DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Electricity
Industry Profiles – Poland and Hungary” report to their
offering.
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
forests has led to a collapse in investment. Despite the poor prospects
for wind, investment prior to the announcement and strong investment in
bioenergy mean that Poland is in line to meet the EU 2020 target. A
total of 33.9 billion will be invested by 2030 in new power generation
capacity-a mix of coal, gas, nuclear and bioenergy.
Political and regulatory uncertainty and ineffective financial support
are the biggest challenges facing investors in Hungary. Their appetite
in the power sector does not favour risk. Hungarian electricity prices
are below the European average, as the country benefits from low-cost
nuclear electricity and also a significant energy portion from coal.
There has also been pressure on the government to limit price increases
to avoid further political problems. Renewable investment has mainly
been focused on biomass and a modest investment in wind energy. Hungary
is expected to exceed its 2020 target of 13% of electricity from
renewable energy sources by around 1.5%. Expansion of the Paks nuclear
plant will significantly boost Hungary’s power capacity and reduce the
dependence on imports.
Key Topics Covered:
1. Executive Summary
2. Scope and Methodology
3. Electricity Industry in Poland
4. Electricity Industry in Hungary
5. Growth Opportunities and Companies to Action
For more information about this report visit https://www.researchandmarkets.com/research/zmrslz/electricity
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Topics: Electricity