Poland Renewables Report - Business Monitor International - Industry Reports

Poland Renewables Report

Poland Renewables Report - Business Monitor International - Industry Reports
Poland Renewables Report
Published Oct 08, 2016
37 pages — Published Oct 08, 2016
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Abstract:

Following a significant downgrade to our forecasts in Q---, this quarter we have kept our muted projections for growth in Poland s non-hydro renewables industry. We forecast total non-hydro renewables capacity additions to average -.- per annum during ---------, while generation will record -.- growth per annum during the same period. ...The wind farm will comprise --- turbines, of up to -MW each. The scheme is estimated to entail an investment of PLN--bn (USD-.-bn) and take three years to prepare the technical design and receive building permission, while the construction is expected to start in ----. The facility, which will have a total capacity of -.-GW, is expected to start producing power by ----. ...� In September ----, Poland s leading power company PGE said it will seek to produce -- of the country s total renewable energy by ----. In order to achieve this goal, PGE is reportedly looking into construction of a -,---MW offshore wind farm as well as expanding its biomass capacity.

...Poland is heavily reliant on coal for power generation, which currently accounts for around -- of the country s total electricity generation. Non-hydroelectric renewables added around --.- (--.-TWh) to the total power generation mix in ----. ...Non-hydroelectric renewables added around --.- (--.-TWh) to the total power generation mix in ----. While we expect coal to retain its dominance in the country s electricity generation, renewables share will gradually increase to --.- by ---- and --.- by ----. Growth will be driven exclusively by wind and biomass sectors, which currently account for virtually all renewables generation in Poland. In terms of capacity, non-hydro renewables accounted for -,---MW in ----, holding a --.- share in the total capacity mix. By ----, we forecast total non-hydro renewables capacity to reach -,---MW, but the sector s contribution to the total capacity mix will shrink to --.- , as the growth in conventional power sectors outpaces that of renewables.

...Following a significant downgrade to our forecasts in Q---, this quarter we have kept our muted projections for growth in Poland s non-hydro renewables industry. We forecast total non-hydro renewables capacity additions to average -.- per annum during ---------, while generation will record -.- growth per annum during the same period. ...

  
Source:
Document ID
2050-8115
Country
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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. "Poland Renewables Report" Oct 08, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Poland-Renewables-Report-2026-1292>
  
APA:
Business Monitor International - Industry Reports. (2016). Poland Renewables Report Oct 08, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Poland-Renewables-Report-2026-1292>
  
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