The Economist Intelligence Unit estimates that total energy consumption rose to 44.8m tonnes oil equivalent (mtoe) in 2012, up from 44.3 mtoe in 2011. Energy consumption is expected to rise steadily over the forecast period (2013‑20) as the economy recovers.
The Czech Republic imports almost all of its oil and gas, primarily from Russia, and is an important transit country. However, it is also a large net exporter of electricity, and this trend is set to grow, particularly once the two additional nuclear reactors at the Temelin plant are completed, which will transform the Czech Republic into a significant regional exporter of power.
As a result of its rich coal resources, the country has a low dependence on energy imports relative to most EU members. Coal accounted for an estimated 41% of domestic energy consumption in 2012 (unchanged from 2011), and remains the main source of energy. Despite pressures from the EU, consumption will not significantly diversify from coal. We expect that coal will still account for around 37% of energy consumption in 2020.
Industry List: Alternatives, Energy, Coal, Energy, Electricity, Energy, Energy, Energy, Nuclear, Energy, Oil and gas
Industry Codes (NAIC): 22
Industry Codes (SIC): 49
Energy and Electricity Report Czech Republic
Energy report: Overview
Energy report: Energy policy
Energy report: Oil and gas
Energy report: Electricity
Energy report: Coal
Energy report: Nuclear
Energy report: Alternative energy