Energy and Electricity Report Czech Republic
The Economist Intelligence Unit, February 2013, Pages: 15
The Economist Intelligence Unit estimates that total energy consumption rose to 45m tonnes oil equivalent (mtoe) in 2012, up from 44.4 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 (see below), 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 comparatively low dependence on energy imports relative to most EU members. Coal accounted for an estimated 41% of domestic energy consumption in 2012 (almost 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
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