2012-08-31 03:55:54 - Recently published research from Business Monitor International, "Slovakia Power Report Q3 2012", is now available at Fast Market Research

BMI View: Thanks to likely subdued demand growth during 2012/13, coupled with some supply expansion, Slovakia should reduce its net power import requirement. The growth in nuclear capacity from around 2013/14 should also diminish reliance on imported gas as a fuel for power generation, and Slovakia will also scale back the use of coal and oil. A decision over long-term nuclear expansion may be taken in 2012.

Unlike many countries in the wake of the Japanese earthquake and tsunami in February 2011, Slovakia appears to have few reservations over its reliance on nuclear power generation. It has limited options, with the closure of elderly reactors requiring the near-term start-up of new nuclear plants. There are longterm plans for the addition of

further reactors, although delays now seem certain.

Key trends and recent developments in the Slovak electricity market include:

* Italian utility company Enel is committed to US$3.8bn of investment in Slovakia's power sector. The majority will go towards the Mochove nuclear power plant, which is estimated to cost US$3.58bn. Two new nuclear power reactors, known as Muchove 3 and 4, are expected to be completed by 2014 and will add 880 megawatts (MW) of capacity. The Slovak government wants Enel to pay EUR200mn more for its majority stake in Slovenske Elektrarne (SE), acquired in 2006.
* During the period 2012-21 Slovakia's overall power generation is expected to increase by an annual average of 1.29%, reaching almost 31.0 terawatt hours (TWh). Annual 0.8% and 3.6% gains in gas-fired and nuclear generation will drive this growth, with supply from non-hydro renewables growing by almost 6.0% per annum.
* Following a forecast 1.5% increase in real GDP in 2012, BMI forecasts average annual growth of 2.9% between 2012 and 2021. The population is expected to rise only slightly from the current level of 5.4mn during the period, but net power consumption looks set to increase from 27.0TWh to 28.3TWh between 2012 and 2021. During the period 2012-2021, the average annual growth rate for electricity demand is forecast at just 0.5%, but with risk on the upside as the economic climate improves.
* Thanks partly to the forecast rise in net generation, growth of which exceeds significantly the underlying demand trend, Slovakia's power supply shortfall should decline steadily. A lower percentage of transmission and distribution losses (down from 3.6% to 3.2%) - will help strengthen the market. The net import requirement could have been eradicated by 2016 and could be transformed into potential net exports of more than 1.6TWh by the end of the forecast period if capacity is expanded in line with forecasts.


Full Report Details at
- www.fastmr.com/prod/451387_slovakia_power_report_q3_2012.aspx


Report Table of Contents:

SWOT Analysis
- Slovakia Power SWOT
Global Industry Overview
Regional Industry Overview
Industry Forecast Scenario
- Slovakia Macroeconomic Snapshot
- Table: Country Snapshot: Economic and Demographic Data
- Table: Country Snapshot: Power Sector
- Slovakia Forecast Scenario
- Electricity Generation and Power Generating Capacity
- Table: Slovakia Total Electricity Generation - Historical Data And Forecasts, 2008-2016
- Table: Slovakia Total Electricity Generation - Long-Term Forecasts, 2013-2021
- Electricity Consumption
- Table: Slovakia Total Electricity Consumption - Historical Data And Forecasts, 2008-2016
- Table: Slovakia Total Electricity Consumption - Long-Term Forecasts, 2013-2021
- Transmission & Distribution, Imports & Exports
- Table: Slovakia Electric Power Transmission And Distribution Losses - Historical Data And Forecasts, 2008-2016
- Table: Slovakia Electric Power Transmission And Distribution Losses - Long-Term Forecasts, 2013-2021
- Table: Slovakia - Historical Trade Data And Forecasts, 2008-2016
- Table: Slovakia - Long-Term Trade Forecasts, 2013-2021
Key Policies/Market Structure
- Regulation And Competition
- Pricing
- Table: Electricity Prices In the EU Member States, As Of November 2011
- Key Projects Database
- Table: Major Projects - Power Plants & Transmission Grids
Risk/Reward Ratings
- CEE Regional Power Risk/Reward Ratings
- Table: CEE Power Risk/Reward Ratings (Scores Out Of 100)
- Slovakia Power Risk/Reward Ratings
- Rewards
- Risks
Competitive Landscape
- SEPS
- VSE
- ZSE
- SE
- SSE
- CEZ
Company Profiles
- Slovak Electric (EC)
Glossary of Terms
- Table: Glossary of Terms
Methodology And Sources
- Industry Forecasts
- Power Industry - Data Methodology
- Generation and Consumption Data
- Electricity Generation Capacity Data
- Power Risk/Reward Ratings Methodology
- Table: Power Risk/Reward Indicators
- Sources

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