New Market Report: Cambodia Power Report Q1 2014


New Energy market report from Business Monitor International: "Cambodia Power Report Q1 2014"


[UKPRwire, Tue Jan 07 2014] The major players in Asian power supply are clamouring to invest in Cambodia, with the result that huge capacity expansion can be expected from around 2015, as hydro-, gas- and coal-based schemes are introduced. This should leave the country with plentiful spare generation. Neighbouring Vietnam, which will finance a number of power projects, plans to make good use of Cambodia's potential export capability, as does Thailand if a major coal-fired scheme comes to fruition.

Hydropower expansion is already under way in Cambodia, and there is a long queue of potential projects with strong regional backing. Several are set to proceed, with a surge in hydro-based supply due from around 2016. Domestic gas resources could contribute additional capacity, while the use of renewables is set to rise rapidly from a low base. New coal-fired stations are also in the planning stage, with Cambodia open to the long-term possibility of nuclear energy.

Full Report Details at
- http://www.fastmr.com/prod/754569_cambodia_power_report_q1_2014.aspx?afid=303

Key trends and developments in the Cambodian electricity market:

* During the period 2013-2022, Cambodia's overall power generation is expected to increase by an annual average of 18.5%, reaching 11.1 terawatt hours (TWh). Driving this growth is a new gas-fired scheme that is in the pipeline and should enter service during the forecast period, as well as a massive hydropower expansion programme that includes several dams with capacities exceeding 100 megawatt (MW).
* Following real GDP growth of 7.3% in 2012, BMI forecasts average annual growth of 6.7% between 2013 and 2022. The population is expected to rise from 15.1mn in 2013 to 17.4mn by end-2022, with net power consumption forecast to increase from 2.8TWh in 2013 to 8.5TWh in 2022. During the period 2013-2022, the average annual growth rate for electricity demand is forecast at 13.1%.

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