2010-09-08 17:21:08 -
Research and Markets ( www.researchandmarkets.com/research/691dfc/thailand_power_rep :
) has announced the addition of the " Thailand Power Report Q3 2010 :
" report to their offering.
Business Monitor International's Thailand Power Report provides industry professionals and strategists, corporate analysts, power associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Thailand's power industry.
The new Thailand Power Report forecasts that the country will account for 1.74% of Asia Pacific regional power generation by 2014, with a broadly balanced supply/demand picture. BMIs Asia Pacific power generation assumption for 2009 is 7,308 terawatt hours (TWh), representing an increase of 2.6% over the previous year. We are forecasting an increase in regional generation to 9,725TWh by 2014, representing a rise of
26.2% in 2010-2014.
Asia Pacific thermal power generation in 2009 totalled an estimated 5,849TWh, accounting for 80.0% of the total electricity supplied in the region. Our forecast for 2014 is 7,600TWh, implying a 23.7% growth that reduces the market share of thermal generation to 78.1%. This is thanks largely to environmental concerns promoting renewable sources, hydro-electricity and nuclear generation. Thailand's thermal generation in 2009 was an estimated 130TWh, or 2.22% of the regional total. By 2014, the country is expected to account for 2.00% of thermal generation.
Oil is the dominant fuel in Thailand, accounting for an estimated 40.8% of primary energy demand (PED) in 2009, followed by gas at 37.2%, coal at 17.1% and hydro-electricity with a 1.8% share of PED. Regional energy demand is forecast to reach 5,334mn toe by 2014, representing 24.6% growth from the estimated 2009 level. Thailand's estimated 2009 market share of 2.14% is set to fall to 1.95% by 2014. An estimated 7TWh of hydro-electric demand in 2009 is forecast to reach 8TWh by 2014, with its share of the Asia Pacific hydro market easing from an estimated 0.75% to 0.61% over the period. While there is no existing or near-term nuclear capacity, tentative plans exist for the construction of reactors, but there is no clear government policy.
Thailand now holds seventh place just behind Vietnam in BMIs updated Power Business Environment Rating, thanks largely to its energy demand, plus moderate scores in most other categories. Vietnam has the potential to pull further away, while the presence of Indonesia and the Philippines below also poses a threat during the next few quarters.
BMI is now forecasting Thai real GDP growth averaging 3.92% per annum between 2010 and 2014, with the 2010 assumption being an increase of 3.60%. Population is expected to expand from 64.7mn to 66.7mn over the period, with GDP per capita and electricity consumption per capita forecast to increase by 48% and 12% respectively. The country's power consumption is expected to increase from an estimated 142TWh in 2009 to 168TWh by the end of the forecast period, requiring some power imports during periods of peak demand, assuming 3.4% average annual growth in electricity generation during 2010-2014.
Key Topics Covered:
- Executive Summary
- SWOT Analysis
- Industry Overview
- Asia Pacific Power Business Environment Ratings
- Industry Forecast Scenario
- Long-Term Power Outlook
- Competitive Landscape
- Country Snapshot: Thailand Demographic Data
- BMI Methodology
Companies Mentioned.
- Electricity Generating Authority Of Thailand
- Independent Power
- Glow Energy
- CLP/EGCO
- Ratchaburi Electricity Generating Holding Public Company Limited
For more information visit
www.researchandmarkets.com/research/691dfc/thailand_power_rep :
Research and MarketsLaura Wood, Senior Manager
press@researchandmarkets.com : mailto:press@researchandmarkets.com U.S.
Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716