Austria Power Report - Business Monitor International - Industry Reports

Austria Power Report

Austria Power Report - Business Monitor International - Industry Reports
Austria Power Report
Published Oct 15, 2016
54 pages — Published Oct 15, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

Austria s thermal power industry faces significant challenges from extensive renewables subsidies and falling electricity import costs. This resulted in the closure of several thermal power plants in ---- including Verbund s Neudorf/Werndorf oil-fired plant. ...By the end of the forecast period coal-fired power will therefore only comprise about -.- of power generation, down from -.- in ----. While coal and oil-fired power declines, prospects for the gas-fired thermal energy sector are slightly more positive and the use of natural gas fired thermal power is expected to increase marginally throughout the forecast period, rising from -.--TWh in ---- to -.-TWh in ----. Leading power firm EVN Group reports that thermal generation (and revenues) are increasing because of the requirement for balancing electricity in ...While coal and oil-fired power declines, prospects for the gas-fired thermal energy sector are slightly more positive and the use of natural gas fired thermal power is expected to increase marginally throughout the forecast period, rising from -.--TWh in ---- to -.-TWh in ----. Leading power firm EVN Group reports that thermal generation (and revenues) are increasing because of the requirement for balancing electricity in

...The biggest change potentially facing Austria s power sector is Germany s split of the shared electricity market. While the Agency for the Cooperation of Energy Regulators (ACER) is reportedly backing the move, Austria, via E-Control, is challenging the decision through the European Courts. ...We have updated our forecasts this quarter in light of revised industry data. Total electricity generation is now forecast to increase from --.-TWh in ---- to --.-TWh in ----, followed by further growth through to the end of the current forecast period in ----. Hydropower will make up over half of the electricity generated in the market. ...Total electricity generation is now forecast to increase from --.-TWh in ---- to --.-TWh in ----, followed by further growth through to the end of the current forecast period in ----. Hydropower will make up over half of the electricity generated in the market.

...BMI View: Austria s domestic power sector is highly developed, with near universal access to the grid and a well-established renewable energy sector. Limited growth in consumption and a lack of public investment capacity means there is little demand for new power plants and outside of the non-hydropower renewables sector we do not expect to see any rapid gains in total generation and capacity. ...

  
Source:
Document ID
2058-0789
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Austria Power Report" Oct 15, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Austria-Power-Report-2026-1827>
  
APA:
Business Monitor International - Industry Reports. (2016). Austria Power Report Oct 15, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Austria-Power-Report-2026-1827>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.