Finland Power Report - Business Monitor International - Industry Reports

Finland Power Report

Finland Power Report - Business Monitor International - Industry Reports
Finland Power Report
Published Sep 24, 2016
52 pages — Published Sep 24, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Finland continues to appear set on supporting its nuclear sector in spite of the substantial delays and cost overruns faced by the Olkiluoto - nuclear reactor. We expect nuclear power to dominate the Finnish power agenda over the next decade as the technology enjoys strong government support and is viewed as key to the country s energy security. ...The decline of other key industries will mean that unemployment is likely to rise, which again will dent private consumption. Biomass will form a key component of Finnish renewables strategy over the next decade, owing to the government s aim to restructure the country s forest-related industry - in order to adapt to a fall in demand for traditional forest-related products. This will in turn support an uptick in biomass-fired power generation over the next decade. Aims to reduce coal generation and an increasing availability of biomass product export markets in Europe will add additional momentum to Finland s biomass industry, underpinning our upbeat outlook for the sector. We therefore forecast biomass-fired power generation to grow by an annual average of

...BMI View: This quarter our forecasts for the sector remain virtually unchanged. We expect Finland to step up plans to gradually reduce coal use and dependence. We also expect biomass-fired power generation to become a key component of Finnish renewables strategy over the next decade, owing to the government s aim to restructure the country s forest-related industry - to adapt to a fall in demand for traditional forest- related products. Finally, we maintain our long-held view that, while growth expectations in the region are improving, economic woes in the eurozone and the UK s decision to exit the EU are major risk factors for the consumption and generation outlook, as more regional instability could undermine their economic activity. Finally, we maintain our long-held view that, while growth expectations in the region are improving, economic woes in the eurozone and the UK s decision to exit the EU are major risk factors for the consumption and generation outlook, as more regional instability could undermine their economic activity. ...Finally, we maintain our long-held view that, while growth expectations in the region are improving, economic woes in the eurozone and the UK s decision to exit the EU are major risk factors for the consumption and generation outlook, as more regional instability could undermine their economic activity.

...As a member of the Nordic electricity system and the EU, Finland is a well- functioning, competitive market and has made considerable progress towards liberalisation. Non-hydropower renewables are well integrated into the electricity mix of all three Nordic countries. ...

  
Source:
Document ID
2397-477X
Country
Industry
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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.

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MLA:
Business Monitor International - Industry Reports. "Finland Power Report" Sep 24, 2016. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Finland-Power-Report-2026-1857>
  
APA:
Business Monitor International - Industry Reports. (2016). Finland Power Report Sep 24, 2016. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Finland-Power-Report-2026-1857>
  
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