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Nordics Renewables Report Q2 2014

Nordics Renewables Market: New market information published

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2014-02-10 02:51:02 - Nordics Renewables Report Q2 2014 - a new market research report on

We are maintaining both our short- and long-term forecasts for non-hydropower renewable energy generation in the Nordics as data released by utilities and government bodies continue to affirm our 2013 estimates, and our assumptions remain relevant. We continue to see a number of key downside risks to our short-term outlook, mostly relating to ongoing macroeconomic and political risks in the Nordics and the broader eurozone. Meanwhile, we see a growing possibility for electricity pricing and regulations governing renewable energy within the Nordic region could converge among the Nordic countries in the long term.

For 2014, we are forecasting non-hydropower renewable generation to grow by 5.9% in both Denmark and Sweden and by 1.9% in Finland. We have also maintained our long-term



forecasts for non-hydropower renewable energy generation in the Nordics this quarter. In particular, we are forecasting non-hydropower renewable generation in Denmark to grow at an average rate of 5.5% per annum between 2014 and 2022, and at an average of 2.9% and 3.5% in Finland and Sweden respectively.

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