Research and Markets: Renewable Energy in Central and Southeastern Europe: a detailed report covering wind, solar, biomass, hydropower and geothermal energy

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/84a34a/intellinews_cee) has announced the addition of the "IntelliNews CEE & SEE Renewable Energy Report" report to their offering.

The IntelliNews CEE & SEE Renewable Energy Report offers an extensive summary of the renewable energy market in central and southeastern Europe, segmented into wind, solar, biomass, hydropower and geothermal energy. It includes a complete coverage of the latest developments and corporate and industry news, accompanied by thorough statistics and comments. This sector report is ideal to keep you abreast on recent company and industry news. Written by local professionals, it is a unique market and business intelligence analysis, tailored to save time by providing in-depth information, while helping you to make confident and informed business decisions.

February 2012 Executive Summary

Countries in central and south-eastern Europe are continuing to pursue their strategy to boost the share of energy from renewable sources in overall consumption as a way to diversify their power mixes and reduce dependence on fossil fuels. So far geographic and weather specifics have been the main factors that determine the sectors that have priority for each individual state.

Governments in the region have introduced a number of measures to support alternative energy producers in order to meet targets set by the EU for higher usage of renewables. However, the ongoing financial crisis in the eurozone is forcing policy-makers to cut costs amid fears of a renewed recession and that is negatively affecting the development of the sector that strongly depends on state support. The Czech and Bulgarian governments have already announced plans to cut support to the sector as customers are starting to feel the effect of rising power prices due to a boom in production of energy from renewable sources.

The most popular renewable sources are biomass and hydropower. The biomass sector is best developed in Hungary, the Czech Republic and Croatia. The hydropower sector is the leading renewable energy source (RES) sector in Romania, Croatia and Bulgaria.

The wind and solar power sectors, however, have seen the fastest growth in the last couple of years although their combined capacity is below that of biomass and hydropower.

Companies Mentioned:

• AES Corporation (AES)
• EVN AG (EVN)
• Polski Koncern Naftowy ORLEN SA (PKN)
• ENEA SA (ENA)
• Electricite de France (EDF)
• RWE AG (RWE)
• CEZ (BAACEZ)
• OMV Petrom (SNP)
• Enel

For more information visit http://www.researchandmarkets.com/research/84a34a/intellinews_cee