BMI View: Our outlook on Azeri oil is heavily bearish, with the major ACG fields falling deeper into
decline. Investments to stabilise output will help soften the fall; however, with a lack of new discoveries
brought online this will be insufficient to reverse the ove ..."
BMI View: We maintain our relatively muted forecast for Finland's non-hydropower renewables segment
this quarter, as mooted cuts to wind power in order to curb subsidy costs will lower the long-term
attractiveness of the sector, while the expansion in the biomass-fire ..."
BMI View: The Netherlands has a relatively mature power sector, that will experience slow power
generation growth over the next five years as new capacity is offset by older power plants being phased out.
The majority of growth will come from renewable power, especial ..."
BMI View: The focus of the Austrian power sector is increasingly on the development of renewable energy,
supported by ambitious government targets and generous subsidies and feed-in-tariffs. Thermal energy will
see more limited investment, in part due to falling regio ..."
BMI forecasts Portugal's economic recovery will continue during the period 2016-2024, but will remain
unremarkable, registering GDP growth rates of 2.61% in 2017 and 1.07% by 2022, a substantial
improvement on the 4% contraction the country experienced in 2012. Renewa ..."
BMI View: The short-term outlook for Slovakia's power sector is relatively weak, with declining output
from thermal and coal generation leading to an overall contraction in total generation in 2015. The
expansion of nuclear power does mean, however, that from 2016 onw ..."
BMI View: Spain has a mature power market which benefits from an extensive transmission and
distribution network, including multiple interconnections with neighbouring states, and a diversified energy
mix. The regulatory environment has been clarified in recent years, ..."
BMI View: Switzerland has an extensive national power grid, focused primarily upon hydropower and
nuclear power generation. The country has committed to phasing out nuclear power, which currently
accounts for around 16% of installed capacity and over 38% of generation ..."
BMI View: This quarter our view on the Czech power market remains largely unchanged, while concerns
over the country's energy security and carbon emissions profile move to the forefront. The future of nuclear
and renewables in the country looks increasingly uncertain ..."
BMI View: Improved regulatory clarity, strong government support and ambitious targets for nonhydropower
renewables will make France one of our European renewables outperformers over the next
decade. The passing of the energy transition in bill will help catalyse inve ..."