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Angola Power Report Q1 2012
Business Monitor International, Dec 2011, Pages: 50
Business Monitor International's Angola Power Report provides industry professionals and strategists, corporate analysts, power associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Angola's power industry.
BMI View: Taking into account the macroeconomic forecasts of their Country Risk service, as well as underlying dynamics specific to the power sector, BMI reconfirm that the performances of power markets will see sharp differentiation across regions. While Asia continues to be their global outperformer, continued weakness in the US and eurozone economies further corroborate their view that developed countries are in for sluggish supply and demand growth.
BMI also reiterate their view that a number of trends identified over previous months will consolidate in the near- to medium-term:
- Based on BMI macroeconomic global assumptions, growth potential in the Central and Eastern Europe (CEE) power markets is also likely to be hindered.
- Their extended Africa coverage reinforces their view that the region presents strong potential, given its currently low electrification rate, strong demographic dynamics and positive economic performance.
- However, BMI reiterate that not all planned projects should be taken at face value, as funding difficulties and a poor business environment are likely to delay or stall some of them.
- BMI expect nuclear to remain a hot topic, with stark differences in regional position. While new nuclear developments are expected to face significant financial and political obstacles in developed countries, developing countries, both in Asia and in the Middle East, have continued to show strong support for the technology.
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