LONDON--(BUSINESS WIRE)-- Eastern Europe’s emerging power countries, particularly Lithuania, Bulgaria, Slovakia, Hungary and Romania, are aiming to decrease reliance on power generated from fossil fuels, which are becoming less available and correspondingly more expensive. Cumulatively, the total installed capacity of these countries is expected to climb to 65,989 MW by 2020, but a more substantial portion of this amount will be taken by renewable and nuclear energy, whose contributions are expected to rise to 12.8% and 17.2% respectively.

In terms of growth, Bulgaria is expected to dominate renewables in the region, expanding its capacity to 2,672 MW by 2020, at a CAGR of 26.7%. Lithuania is second in terms of predicted growth in the renewables sector, with a 2012-2020 CAGR of 12.6%, followed closely by Romania which is forecast to climb at 10.1% CAGR.

New study “Emerging Power Markets in Eastern Europe to 2020 - Governments Encouraging Infrastructure Development by Easing Industry Barriers in Lithuania, Bulgaria, Slovakia, Hungary and Romania” created by GBI Research provides an in-depth analysis of the emerging Eastern European power markets, focusing on five countries including Lithuania, Bulgaria, Slovakia, Hungary and Romania in the region on the basis of power generation.

Report Details:

Title: Emerging Power Markets in Eastern Europe to 2020 - Governments Encouraging Infrastructure Development by Easing Industry Barriers in Lithuania, Bulgaria, Slovakia, Hungary and Romania

Published: August, 2012

Pages: 255

Price: US$ 3,500.00