BMI View: Austria's domestic power sector is highly developed, with near universal access to the grid and
a well-established renewable energy sector. Limited growth in consumption and a lack of public investment
capacity means there is little demand for new power plan ..."
BMI View: The liberalisation of the natural gas retail market via the unbundling of the transmission and
distribution providers dovetails with our expectation that natural gas, especially midstream, will be the
largest growth opportunity in the Greek energy space. The ..."
BMI View: Investment into new capacity for the Spanish power sector will be muted over our 10-year
forecast period due to the lack of policy direction, as no government has been formed yet after two
elections. Increases in thermal power generation will come from mothb ..."
BMI View: The development of new renewables capacity is the prime source of growth in Switzerland's
already mature power market. The country has committed to retiring nuclear power from the domestic
energy mix and with most large-scale hydropower sites already develop ..."
BMI View: The immediate outlook for electricity generation in Ukraine is poor, with an official state of
energy emergency still in place in parts of the country. Despite a ceasefire agreement in 2015, there are
reports of continued fighting in eastern Ukraine. That sa ..."
BMI View: With no upstream prospects, Belgium will remain heavily reliant on imported supplies of both
liquids and gas. Natural gas consumption will be weak due growing nuclear and renewable generation in
the power sector. Meanwhile, the refining sector will perform ..."
BMI View: The overall level of investment in exploration and production in France remains weak and this
trend is unlikely to alter significantly without an end to political opposition to exploration of shale oil and
gas resources. Though downstream margins have bene ..."
BMI View: Italy's oil and gas sector will continue to suffer from a gradual depletion of its hydrocarbon
reserves and the rapid downsizing of the country's ailing refining sector. While an active exploration scene
and a gradually improving regulatory environment are ..."
BMI View: We do not include shale gas production within our Polish gas production outlook to 2025. The
slow pace of exploration is unlikely to pick up in the coming years, tempering the development of belowground
understanding and optimised drilling and hydraulic fr ..."
BMI View: Though we witnessed an uptick in upstream investment into conventional resources within
Spain over the past several years, we expect domestic production of oil and gas will remain negligible.
Moreover, we believe prospects for onshore unconventionals will ..."