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IntelliNews - CEE & SEE Renewable Energy Report

By Bharatbook Subscribe to RSS | April 3rd 2012 | Views:
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The IntelliNews CEE & SEE Renewable Energy Report offers an extensive summary of the renewable energy market in central and southeastern Europe, segmented into wind, solar, biomass, hydropower and geothermal energy. It includes a complete coverage of the latest developments and corporate and industry news, accompanied by thorough statistics and comments. This sector report is ideal to keep you abreast on recent company and industry news. Written by local professionals, it is a unique market and business intelligence analysis, tailored to save time by providing in-depth information, while helping you to make confident and informed business decisions. http://www.bharatbook.com/market-research-reports/alternative-sources-market-research-report/intellinews-cee-see-renewable-energy-report.html

Summary

Countries in central and south-eastern Europe are continuing to pursue their strategy to boost the share of energy from renewable sources in overall consumption as a way to diversify their power mix and reduce dependence on fossil fuels. So far the geographic and weather specifics have been the main factors that determine the sectors that have priority for each individual state. Governments in the region have introduced a number of measures to support the alternative energy producers in order to meet their targets set by the EU for higher usage of renewables. However, the ongoing financial crisis in the eurozone is forcing policy-makers to cut costs amid fears of a renewed recession and that is negatively affecting the development of the sector that strongly depends on state support. The Czech and Bulgarian governments have already announced plans to cut support to the sector as customers are starting to feel the effect of rising power prices as a result of subsidised production of energy from renewable sources. The most popular renewable source is biomass, which is best developed in Hungary, the Czech Republic and Croatia. The hydropower sector is the second biggest renewable source and it is the leading RES sector in Romania, Croatia and Bulgaria.The wind and solar power sectors, however, have seen the fastest growth in the last couple of years although their combined capacity is below that of biomass and hydropower. Market Research

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