What is essential to know about the Czech energy market?
With the share of hard coal and lignite in electricity generation exceeding 40%, Czechia will face a fundamental transformation in the upcoming years. The government has committed to a coal exit by 2033, meaning extensive investment will be required to replace retiring capacity and ensure security of supply. At the same time, pressure to decarbonise the heavily emissive heating and industry sectors will lead to fast growth in power demand.
New nuclear reactors are unlikely to be commissioned before the late 2030s, so the fast deployment of renewables will be key to displacing emissive generation and achieving emission reduction targets. Keep on top of the market, poised to react to any changes and make most of opportunities with the Czech Power & Renewables Service.
A subscription to this service will provide you with long-term forecasts of the wholesale prices up to 2060 for the Czech market. The initial study will consist of three workshops and bilateral discussions in close cooperation with local utilities, financial investors, banks, renewables developers, and regulators in which we encourage participants to provide feedback and challenge our analysis!