Business Monitor International


Slovakia Power Report

Published 26 September 2014

  • 57 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Slovakia Power Report

BMI View:   Overall power generation is forecast to decline by 3.1% in 2014 to 25.6TWh and 2.2% in 2015, to 25.0TWh due to a fall in the generation of electricity from coal and hydropower, and a slight dip in power produced from oil and natural gas. Over the ten-year forecast period, however, generation will increase by 25.6%, mainly as a result of an expansion of nuclear power. We   forecast only a minimal rise in consumption in 2014 and 2015, but an acceleration in demand the second half of the decade, driven by a steady expansion of the manufacturing sector. By mid-decade, Slovakia should become a net exporter of energy. However, risks remain, such as interference in pricing by the government and the rising costs of the project to build two new reactors at the Mochovce nuclear power plant. Several major investments planned for the years ahead may experience delays or fail to materialize altogether.

Key Trends And Developments

  • The ownership structure of Slovakia's main electricity producer Slovenské Elektrárne (SE) is set to change in the near future. In July 2014, Enel confirmed its intention to exit the Slovak market, partly to raise funds to pay off debts which the firm has amassed but also because of increasing pressure on the company from the Slovak government which is annoyed by the mounting costs of developing the Mochovce nuclear power plant.

  • The crisis in Ukraine is impinging on the power sector in Slovakia. An energy crisis in Ukraine poses a risk to exports of electricity from Ukraine to Slovakia, which last year amounted to around 75MWh. Alongside this, Enel has ruled out the sale of its share in SE to the Russian state-owned Rosatom, despite the fact that SE's Russian-designed nuclear reactors would make Rosatom a logical buyer.

  • Developments with Enel and in Ukraine could delay completion of the Mochovce nuclear power station. In August 2014, Enel announced that the final cost of the project could reach EUR4.6bn up from an...

Table of Contents

BMI Industry View
7
SWOT
8
Political
10
Economic
11
Business Environment
12
Industry Forecast
13
Slovakia Snapshot
13
Table: Country Snapshot: Economic and Demographic Data (Slovakia 2013-2018)
13
Table: Country Snapshot: Economic and Demographic Data (Slovakia 2018-2023)
13
Table: Country Snapshot: Power Sector
13
Slovakia Power Forecast Scenario
14
Table: Total Electricity Generation Data And Forecasts (Slovakia 2012-2017)
14
Table: Total Electricity Generation Data And Forecasts (Slovakia 2018-2023)
15
Table: Electricity Generating Capacity Data And Forecasts (Slovakia 2012-2017)
16
Table: Electricity Generating Capacity Data And Forecasts (Slovakia 2018-2023)
17
Electricity Generation And Power Generating Capacity
18
Electricity Consumption
22
Table: Total Electricity Consumption Data And Forecasts (Slovakia 2012-2017)
22
Table: Total Electricity Consumption Data And Forecasts (Slovakia 2018-2023)
22
Transmission & Distribution, Imports And Exports
24
Table: Electric Power T&D Losses Data And Forecasts (Slovakia 2012-2017)
24
Table: Electric Power T&D Losses Data And Forecasts (Slovakia 2018-2023)
24
Table: Trade Data And Forecasts (Slovakia 2012-2017)
24
Table: Trade Data And Forecasts (Slovakia 2018-2023)
24
Industry Risk/Reward Ratings
26
CEE Power Risk/Reward Ratings
26
Table: CEE Power Risk/Reward Ratings (Scores Out Of 100)
31
Slovakia Power Risk/Reward Ratings
32
Rewards
32
Risks
32
Market Overview
33
Key Policies And Market Structure
33
Regulation And Competition
33
Table: Electricity Prices In the EU Member States, As Of May 2012
34
Slovakia Power Projects Database
35
Table: Slovakia - Power Projects
35
Competitive Landscape
36
SE
37
SPP
37
ZSE
37
SSE
38
VSE
38
CEZ
38
Company Profile
39
Slovak Electric
39
Regional Overview
41
CEE Power Regional Overview
41
Glossary
46
Table: Glossary Of Terms
46
Methodology
47
Methodology And Sources
47
Industry Forecast Methodology
47
Sources
50
Risk/Reward Ratings Methodology
50
Table: Power Risk/Reward Rating Indicators
51
Table: Weighting Of Indicators
53

The Slovakia Power Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering electricity generation (coal, gas, oil, nuclear, hydro and non-hydro renewables), electricity consumption, trade, transmission and distribution losses and electricity generating capacity.

The Slovakia Power Report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing national and multinational operators by sales, market share, investments, projects, partners and expansion strategies.

Key Benefits

  • Use BMI's independent industry forecasts for Slovakia to test other views - a key input for successful budgeting and strategic planning in the power market.
  • Target business opportunities and risks Slovakia's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Slovakia
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Competitive Landscape analysis.

Coverage

BMI Industry View

Summary of BMI's key industry forecasts, views and trend analysis, covering power markets, regulatory changes, major investments, projects and company developments.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the power sector, and within the broader political, economic and business environment.

Regional Overview

The Regional Overview provides a comparative context from within which one can assess the relative profitability of the power industry in a given country, incorporating BMI's country risk macro forecasts into our regional analysis. They also detail any relevant issues or events that might cause market fluctuations, as well as evaluate the impact of existing power infrastructure and fresh investments on the regional market.

BMI Industry Forecasts

The Industry Forecasts provide historic data series and forecasts to end-2018 for electricity generation (TWh) and electricity generating capacity (MW) for each individual power segment present in the country. These forecasts are in turn supported by explicit assumptions, in conjunction with analysis of the key risks to the main forecast. These in turn are broken down into:

Electricity Generation forecasts for Thermal, Coal, Gas, Oil, Nuclear, Hydro and Non-Hydro Renewables. For this section, we provide information on electricity generation (TWh), % growth year-on-year, KWh per capita, and the % of total electricity generation. The thermal fuels (coal, gas and oil) also have figures for their % of total thermal electricity generation.

Electricity Generating Capacity offers forecasts for the potential net capacity and net capacity growth % change year-on-year for the whole power industry. It also includes individual forecasts for capacity (MW), capacity growth % change year-on-year, and % of total capacity for Thermal, Nuclear, Hydro and Non-Hydro Renewables.

The section also includes historic data series and forecasts to end-2018 for:

Electricity Consumption, encompassing information on net consumption (TWh), net consumption growth % change year-on-year, and net consumption per capita (KWh).

Transmission And Distribution Losses, comprising predictions on Electric Power Transmission And Distribution Losses, (TWh), and Electric Power Transmission And Distribution Losses, % of Output.

Electricity Trade, offering historical figures for imports and exports and forecasts for net imports (TWh).

Market Overview

This section provides an overview of the industry landscape and key players; assessment of the business operating environment and the latest regulatory developments.

Risk/Reward Rankings

BMI's Power Risk/reward Rankings provide fully comparable rankings aimed at investors (power companies, services companies and equity investors) in the regional power market. The rankings methodology makes sophisticated use of various industry, economic and demographic data points and is part of BMI's integrated Country Risk-Industry Rankings products.

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%

Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc