Power generation will rise by steadily
over the ten-year forecast period, from 35.4 TWh in 2014 to 38.4TWh by 2023.
Thermal energy will remain the single largest component in Hungary's power mix,
and an expansion in of gas-fired electricity will constitute most of the
expected rise in output. Meanwhile, consumption of power will rise by an
average of 1.3% a year over the next decade, underpinned by a steady growth in
the construction sector. The major background development will be massive
investment in the Paks nuclear power station which will significantly expand
production of nuclear power just beyond the ten-year forecast period to 2023.
Key
Trends and Developments
The government is continuing its policy
of imposing administered cuts in the price of electricity. Following a 20% fall
it 2013, a further cut of 5.7% is planned for September 2014. The brunt of
these price reductions is being borne by energy providers, which are seeing
their profitability fall as a result. Longer term, the state-owned energy
holding company MVM intends to start selling power on a non-profit basis to
force its major private competitors to maintain low prices.
The Hungary Power Report features
Publisher'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 Hungary 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 Publisher's independent industry forecasts for Hungary to test other views - a key input for successful budgeting and strategic planning in the power market.
- Target business opportunities and risks Hungary's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Hungary
- Assess the activities, strategy and market position of your competitors, partners and clients via our Competitive Landscape analysis.
Industry
View
Summary of Publisher'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 Publisher'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.
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
Publisher'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 Publisher's integrated Country Risk-Industry Rankings
products.
Spanning
over 55 pages, “Hungary Power Report Q4
2014” report covering the Industry Forecast, Hungary Snapshot, Hungary
Power Forecast Scenario, Electricity Consumption, Industry Risk/Reward Ratings,
Market Overview, Hungary Power Projects Database, Competitive Landscap, Company
Profile, Regional Overview, Methodology.
Know more about this report
at
– http://mrr.cm/ZaN
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