The population of Belarus was 9.51 million and the current gross domestic product (GDP) was $47.43 billion as of 2016. Belarus wind power market value, which was USD XXX million in 2016, is expected to grow to USD XXX million in 2017, at a CAGR of XXX percent. Renewable energy sources (RES) account for 5.7 percent of the total fuel and energy consumption in Belarus in 2016. The figure is projected to reach XXX percent by 2018. As a net energy importer, the national energy policy of Belarus is focused on maintaining energy security and stability in the country and reducing energy import dependency through increased energy efficiency measures. A new “Concept of Energy Security” came into force on 1 January 2016 and defines the long-term view on the country’s energy sector development. The main priority of Belarus energy policy is to increase energy efficiency and to develop local sources of energy: 80 % of the energy consumption is currently imported.
The potential of wind energy is estimated to equal 1.9 – 2.0 Mtoe per year. The technical potential of energy that could be generated by wind farms is estimated at 220 billion kWh. A survey has been done by the government resulted in 1,840 sites fit for placing wind-powered generators with the potential energy output of over 1,600 MW.
The country’s main strategy to meet the growing need of power is to reduce the energy dependency by increasing the energy efficiency, increased use of renewable resources, nuclear sources, and connecting to the European power infrastructure and power infrastructure of Commonwealth Independent States (CIS).
- Snapshot of the country’s renewable and wind power sector across parameters - country overview, current power and wind power market status, electricity market structure, key issues, future plans and strategies to meet increasing power demand, and way forward.
- Statistics for cumulative and annual installed wind power generation capacity of from 2012 to 2017.
- Statistics for cumulative and annual revenue of wind power plants from 2012 to 2017.
- Break-up by power generation technology, including thermal, hydro, renewable (incl. wind) and nuclear
- Data on key issues witnessed in the Belarus wind power sector.
- Information on future plans and strategies to meet increasing power demand.
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s wind power sector
- Facilitate decision-making based on strong historic and forecast data
- Develop strategies based on the latest regulatory events
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Identify key partners and business development opportunities
1.1 Research Methodology
2 EXECUTIVE SUMMARY
3 BELARUS WIND POWER MARKET IN 2017
3.1 Country Overview
3.2 Current Status of Wind Power Market in Belarus
3.3 Key Issues
3.4 Investment Trends and Development Roadmap to Meat Increasing Power Demand
3.5 Cumulative (CAGR) Installed Wind Power Capacity and Revenue
3.6 Annual Installed Wind Power Capacity and Revenue
3.7 Support Schemes
4 CONCLUSIONS AND RECOMMENDATIONS
5 LIST OF ABBREVIATIONS
Chart 1: Wind Resource Map of Belarus
Chart 2: Share of Wind Power from Total Installed Power Generation Capacity in Belarus in 2016
Chart 3: Belarus Total Annual Electricity Consumption (in TWh) 2000 ÷ 2016
Chart 4: Belarus Power Generation Capacity Breakdown by Source (Fuel) Type in 2016 (incl. Renewables)
Chart 5: Structure of Electricity Power Market in Belarus
Chart 6: Cumulative (CAGR) Installed Capacity of Wind Power Plants in Belarus (in MW) 2012 ÷ 2017, including forecast
Chart 7: Cumulative (CAGR) Revenue of Wind Power Plants in Belarus (in Millions USD) 2012 ÷ 2017, including forecast
Chart 8: Annual Installed Capacity of Wind Power Plants in Belarus (in MW) 2012 ÷ 2017, including forecast
Chart 9: Annual Revenue of Wind Power Plants in Belarus (in Millions USD) 2012 ÷ 2017, including forecast