Lewes, DE -- (SBWIRE) -- 03/01/2016 -- Angola's only additional electricity generation will come from hydropower sources, due to lack of economically viable thermal power projects. A subdued economic forecast - due to oil price collapse - will rein in further government spending on power projects, which leaves our forecasts for future power projects subdued.

Latest Updates And Structural Trends
- Our forecasts for Angola's electricity generation are currently that it will remain level from 9.9TWh in 2016 to 10.7TWh in 2025. This forecast is subject to changes if any progress on planned power plants are made.
- It has been announced that the phase 2 upgrade of the Cambambe hydropower plant will be operational by June 2016. Generation capacity will be boosted by 780 MW, raising the total generating capacity to 960MW.
- Construction works on the Laúca are reportedly 65% complete, with the project being touted to come online towards the end of 2017.

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Belgium will become increasingly reliant on electricity imports due to the decommissioning of its nuclear reactors. Only non-hydropower renewable power will experience any growth throughout our forecast period, which will not be enough to cover the gap in electricity generation. A well developed grid infrastructure and interconnections will ensure Belgium will still be able to import the deficit from neighbouring countries.

Latest Updates And Structural Trends
- We currently forecast total generation to decrease from 74.8TWh in 2016 to 40.5TWh in 2025, due to nuclear power plants being decommissioned from 2022 onwards. Currently there is no major capacity forecast to be added to cover the void left by nuclear generation. Therefore, we are forecasting an increase in electricity imports by Belgium.
- Belgium has restarted the Tihange 2 nuclear reactor, despite protestations from neighbouring Germany over safety issues. The plant was originally shut down due to tiny cracks being discovered in the reactor casings.
- Belgium has decided to extend the lifetime of all its nuclear power plants, with the earliest closure happening in 2022. The government has affirmed it remains committed to its goal to close all nuclear reactors by 2025.

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Norway's already mature power sector will experience limited, but stable, growth throughout our forecast period due to electricity generation far exceeding consumption. Any investment in new capacity will focus on hydropower plants, which will crowd out thermal power and, to a lesser extent, wind power, due to lower level costs.

Latest Updates And Structural Trends
- We forecast total generation will grow from 135.7TWh in 2016 to 145.8TWh in 2025, on the back of new hydropower plants.
- We have updated our hydropower forecasts to include the addition of two new hydropower plants coming online between 2017 and 2019, namely the 80MW Rosten plant and the 370MW Lysebotn II plant (replacing the 210MW Lysebotn I plant).
- We have revised our non-hydropower renewables forecasts downwards, as we do not currently project any new capacity coming online within our forecast period. We forecast total electricity generated from non-hydropower renewable sources to grow by an average of 0.5% y-o-y throughout our forecast period, generating 3.2TWh in 2025.
- A Norwegian competition regulator has ruled that Statnett should retain its monopoly on the construction and operation of international power links. This has reportedly been announced in order to prevent higher electricity prices.
- The Norwegian Energy Minister has stated that Statnett will have to assess the added impact of the interconnection links with Germany and the UK before constructing any new interconnection lines.

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