Commodity market report

Czech Republic energy markets long-term outlook 2018

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Report summary

The Czech Republic's total energy consumption is expected to increase by 18% by 2035. The largest increases in demand are seen in gas, other solid fuels (OSF) and power, driven by an expanding CNG vehicle fleet, growing industrial activity and the replacement of coal by biomass in space heating. Renewable power growth is to remain low. As the Czech Republic has already reached its 2020 target for emission reduction and is on track to reach its 2030 target, supports for further renewable power projects is not generous. While retiring coal capacity will greatly reduce the Czech Republic's ability to export power towards the 2030s, post 2035 the commissioning of a 2400 MW of new nuclear capacity will reverse this trend. Domestic gas and oil production will remain very low, discouraging increased use of both fuels as this would lead to an increased reliance on imports, especially from Russia.

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    Czech Republic Energy Markets Short-Term Outlook.xls

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