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Zambia Power Report Q1 2012
Business Monitor International, Dec 2011, Pages: 54
Zambia Power Report provides industry professionals and strategists, corporate analysts, power associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Zambia's power industry.
Taking into account the macroeconomic forecasts of our Country Risk service, as well as underlying dynamics specific to the power sector, we reconfirm that the performances of power markets will see sharp differentiation across regions. While Asia continues to be our global outperformer, continued weakness in the US and eurozone economies further corroborate our view that developed countries are in for sluggish supply and demand growth.
We also reiterate our 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.
- Our extended Africa coverage reinforces our view that the region presents strong potential, given its currently low electrification rate, strong demographic dynamics and positive economic performance.
- However, we 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.
- We 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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