Power Market in Western Europe to 2020

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Germany and France, Largest Power Markets by Installed Capacity in the Western Europe
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  Power Market in Western Europe to 2020: Increasing Focus on RenewablePower to Change the Energy Mix GBI Research, the leading business intelligence provider, has released its latest report,“Power Market in Western Europe to 2020: Increasing Focus on Renewable Power tochange the Energy Mix”. The report gives an in-depth analysis of the top 10 WesternEurope- power markets, (France, Germany, Austria, The United Kingdom, Spain, TheNetherlands, Switzerland, Sweden, Norway and Italy). . The research analyzes theregulatory framework and infrastructure of the power sector in these 10 countries. Itprovides a detailed forecast of the installed capacity by thermal, hydro, renewable andnuclear sources in each of the top 10 countries up to 2020. The report also includesdetailed information on the active and upcoming power plants in the top 10 WesternEurope power markets.For more information please click or add the below link to your browser:http://www.gbiresearch.com/Report.aspx?ID=Power-Market-in-Western-Europe-to-2020-Increasing-Focus-on-Renewable-Power-to-Change-the-Energy-Mix&ReportType=Industry_Report&coreindustry=ALL&Title=Power_~_Alternative_Energy  Germany and France, Largest Power Markets by Installed Capacity in the WesternEurope Germany emerges as the largest power market by installed capacity among the WesternEurope countries with a share of 21.5% in the total installed capacity. France is thesecond largest market having a share of 17.5% in total installed capacity. This wasfollowed by Italy and Spain having a share of 14.7% and 14.2% in the total installedcapacity. United Kingdom has a market share of 12.7% in total installed capacity and isthe fifth largest country by installed capacity among the Western Europe countries. Growing Economy in the Western Europe will Lead to Increased Generation andConsumption of Electricity Most of the Western Europe countries will see a growth in electricity consumption.Increase in electricity consumption will require increased generation in the countries.This region has shown increased consumption during the period 2000-2008 due toindustrialization, increasing population and extreme climate conditions. In the year2009, the total consumption of the entire Western Europe declined due to theeconomic downturn. Since the industry sector, which consumes the highest percentageof electricity, was negatively affected by the global economic downturn, there was anoverall decline in total power consumption during this period.With an upturn in the global economy expected from 2010, electricity consumption isexpected to increase moderately during the forecast period 2010-2020. However, theelectricity consumption will be strongly impacted by electricity prices and energyefficiency policies.   For more information please click or add the below link to your browser:http://www.gbiresearch.com/Report.aspx?ID=Power-Market-in-Western-Europe-to-2020-Increasing-Focus-on-Renewable-Power-to-Change-the-Energy-Mix&ReportType=Industry_Report&coreindustry=ALL&Title=Power_~_Alternative_Energy  Demand – Consumption Gap Reflects Low Reserve Margin Electricity demand contracted in 2009 owing to the global economic downturn and adecline in economic activities in the region. However, during the forecast period 2010-2020, the demand for electricity is expected to increase and hence new power plantsare expected to be built to maintain a sustainable reserve margin in the region. Thesecountries are increasing their power generating capacities to meet their growingelectricity demand. Owing to this, demand for power is growing quickly translating towide area of growth opportunities in all segments of the power sector. Clean Energy, the Way Forward The countries are actively augmenting its capacity through clean energy sources,namely, wind ,solar photovoltaic and other renewables. Countries such as Germany,France, United Kingdom and Austria have set target to generate 30%, 20%, 15% and34% respectively from renewable sources by 2020/ 2025. In order to achieve this target,the Government has undertaken several incentives in the form of tax relief, capital costgrants and subsidies. The commitment to curtail the carbon emissions has led to thegrowing investments in renewable power generation. Countries are planning to usesupercritical technology which has higher levels of fuel efficiency and lower greenhousegas emissions.For more information please click or add the below link to your browser:http://www.gbiresearch.com/Report.aspx?ID=Power-Market-in-Western-Europe-to-2020-Increasing-Focus-on-Renewable-Power-to-Change-the-Energy-Mix&ReportType=Industry_Report&coreindustry=ALL&Title=Power_~_Alternative_Energy Visit our report store:http://www.gbiresearch.com  Contact Information: Rajesh Gunnamrgunnam@globaldata.com +914066166782
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