Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
€6.15 Billion to be Invested in New Power Capacity by 2030 as the Country Gradually Moves Away from Coal
save 10 %
* Required Fields
Pay by invoice
The Czech Republic sits at the heart of the European energy network, with connections to Poland, Germany, Austria, and Slovakia. The country invested heavily in upgrading existing coal plants in the 1990s and this, along with its 6 nuclear reactors, means that it is a significant regional exporter of electricity. Coal will continue to play an important role in the country’s fuel mix, despite the Czech Republic signing up to an EU pledge to construct no new plants. By 2030, 40% of installed capacity and 50% of electricity is forecast to come from coal. The excess in generation capacity has been a restraining factor on new investments in the past decade, with the exception of solar photovoltaic (PV).The period 2011–2013 saw fast solar capacity growth, supported by regulatory incentives. However, investments stopped in 2014, after the Czech Republic enacted retrospective changes that ended incentives and ultimately damaged investor confidence in the political stability of the support regime in the country. There is limited regulatory or incentive support for wind and solar power; as a result, investments in both will be limited. Wind faces local opposition to new developments on aesthetic grounds.In terms of new investments, a total of €6.1 billion is forecast be invested by 2030, a majority of which will be in gas-fired generation. There has been a proposal for a new nuclear reactor at Temelin, but the lack of demand is a major restraining factor. Despite proposals for energy market reforms, CEZ will continue to play a leading role in the sector—from generation to retail. A number of the European majors, including Innogy and E.On, own transmission and distribution assets in the country. There are limited plans for further investments, as other country markets are prioritised. Other companies active in the market include: PREdistribuce and Prazska Energetika—a major stake which is owned by EnBW, Bohemia Energy, and Centropol Energy.
Key Issues Addressed
Technology Innovations in the Global Wind Energy Market, 2030
Americas Solar Power Market, Forecast to 2022
Global Nuclear Power Market, Forecast to 2030
Impact of Artificial Intelligence (AI) on Energy and Utilities, 2018
Global Renewable Energy Outlook, 2018
IPP, Licensing and Market Reforms in Sub-Saharan Africa’s Energy Landscape, 2018
Global Transformers Market, Forecast to 2022
Impact of Wearable Technology on the Global Energy Sector, 2017
Technologies Enabling Prosumerism in Energy Sector
Independent Power Plant (IPP) Market in South and Southeast Asia, Trends in 2017
smart lighting market
glucose monitoring devices market
smart grid market
smart home market
fleet management market
tobacco industry analysis
thermal spray coatings market
Fill in the fields below to receive a sample report
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.