Boston, MA -- (SBWIRE) -- 10/03/2014 -- Nuclear power will be key to driving Romania's energy sector given the prospect of massive Chinese and Canadian investment in the second half of the decade. Renewables will also continue to play an important role, although the scaling back of the government's support will slow investment. Consumption will fluctuate depending on growth but the broad trend will be upwards. Electricity prices will moderate as the implicit subsidy for green energy is lifted. The government will remain committed to privatisation of the power sector, increasing the potential for market-driven competition.

Key Trends And Developments:

- The market potential for the retail of electricity is continuing to improve. In July 2014, the German RWE Group announced plans to expand its retail activities to Romania. This follows the establishment of a subsidiary company RWE Energie in April.

- Romania's generation capacity is further expanding. In July 2014, the Japanese Marubeni Corporation signed a contract with Romanian state owned electricity producer Electrocentrale Bucuresti (ELCEN) to build a 250MW gas power plant in Fantanele in Transylvania, due to start operations in 2017.

- This was followed after a long preamble by the signing in July 2014 of a binding and exclusive cooperation agreement between the China Nuclear Power Engineering Company China General Nuclear and the Canadian company Canada Deuterium Uranium for the construction of two more reactors at the Cernavoda nuclear plant.

- Achieving Romania's potential as an exporter took a major boost on 1 July when the government scrapped the last remaining part of the tariff to export electricity out of the country, the co-generation fee, ahead of a coupling of its electricity market with neighbouring Hungary, Slovakia and the Czech Republic in November. The move reducing the cost of exports by EUR4 per MW/h and makes Romanian energy prices some of the most competitive in the region.

- Alongside this, Transelectrica...

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The Romania Power Report features Business Monitor International (BMI)'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 Romania 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 BMI's independent industry forecasts for Romania to test other views - a key input for successful budgeting and strategic planning in the power market.

- Target business opportunities and risks Romania's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Romania

- Assess the activities, strategy and market position of your competitors, partners and clients via our Competitive Landscape analysis.

Coverage:

BMI Industry View:

Summary of BMI'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 BMI'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.

BMI 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.

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