NEW YORK, July 7 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Green Energy in the Nordic Region: Renewable sources, capacity growth and future outlook

http://www.reportlinker.com/p0201026/Green-Energy-in-the-Nordic-Region-Renewable-sources-capacity-growth-and-future-outlook.html?d=CPDAIN57

Renewable energy in Nordic region constitutes 25.8% (384,131GWh) of the total energy production with Norway contributing the most. While Finland has considerable energy generation from renewables corresponding to 109,102GWh, Denmark produces least amount of renewable energy representing 33,783GWh in the Nordic region. All Nordic countries have set their individual RES target higher than that of EU's target of 20% RES in overall energy mix by 2020. Denmark has set a target to achieve 30% of energy from renewables by 2020, while Finland set that target at 38% and Sweden at 49%. The EU directive has not defined a target for Norway and Iceland, but the countries intend to become carbon-neutral by 2050.

This report documents the growth of the Nordic renewable energy market, showing its current status and potential.

This document gathers the statistical data on the different types of energy generation, combines and contrasts them against each other to show the clear leaders, drivers to change and future growth.

Key features of this report

• Overview of the Nordic electricity market with focus on renewable energy. Analysis of energy type volumes, capacity installed, and generation output in Nordic region.

• Growth of renewables – installed capacity and generation, government mandates and incentives.

• Information and analysis by renewable energy sector – wind, biomass, hydro, solar, geothermal, and biofuels.

• Installed capacity and generation, key players, drivers, resistors, and outlook for each renewable energy sector.

• Outlook for all Nordic countries primary energy supply with forecasts up to 2020.

Scope of this report

• Achieve a quick and comprehensive understanding of how Nordic market trends and legislation are influencing the development of the renewable energy market.

• Assess the emerging trends in renewable energy technology – wind, biomass, hydropower, solar, geothermal, and biofuels - capacity and generation.

• Quantify value and volume growth potential in Nordic electricity market and in energy generation technology type.

• Understand the major issues affecting the Nordic electricity industry in general and renewable electricity in particular.

• Predict the key growth areas in the Nordic renewable energy industry.

Key Market Issues

• EU Emission Reduction Targets: Historically, the EU's emission reduction targets are the primary drivers for implementation of policies that encouraged usage of renewable energy in the EU member states. The EU's directive on reducing GHG emissions through increased usage of renewable energy is expected to be met at individual country-level through their own policies.

• Renewable Energy Incentives and Mandates: In order to meet the emission reduction target laid out in the EU directive, Nordic countries have adopted their own strategies above the EU target of 20% RES in overall energy mix by 2020.

• Energy Security: All Nordic countries are slowly reducing their dependence on imported fossil fuels (specifically Denmark ) and promoting domestically-produced renewable energy.

• Energy Efficiency: Every Nordic country has national goal to increase energy efficiency, reduce energy demand and promote green energy.

Key findings from this report

1. The Nordic region comprising of Denmark, Finland, Iceland, Norway and Sweden is rich in renewable energy sources due to its favorable geography. Renewable energy in the Nordic region constitutes 25.8% (384,131GWh) to the total energy mix.

2. Government support through incentives such as favorable feed-in tariffs and subsidies will drive the growth of wind power in the Nordic region. Denmark is the leading wind power producer with an installed capacity of 3,163MW constituting 66.1% of the total Nordic region's wind capacity, however it grew at a CAGR of 0.4% during 2004–08.

3. Solar power in Nordic regions is at a nascent stage of development with only 25MW of solar PV installed capacity compared to an installed capacity of 9,533MW in the EU.

4. Biopower in the Nordic region is predominantly used as a source of heating followed by its usage in generation of electricity and transportation. Sweden is the leading producer of electricity and heat from biopower in the Nordic region and also leads in production of biofuels used for transportation.

Key questions answered

1. What are the drivers shaping and influencing new capacity installed in the Nordic energy industry?

2. What is the potential of renewable energy technologies in the Nordic region? What are the opportunities?

3. What is the policy framework governing the renewable energy market?

4. Which renewable energy technology types are likely to grow?

5. What is the potential of various renewable energy technologies?

List of Tables

Green Energy in the Nordic Region

Executive Summary 10

Market overview 10

Denmark 11

Finland 11

Iceland 12

Norway 12

Sweden 13

Outlook 14

Chapter 1 Market overview 16

Summary 16

Overview of the electricity sector 17

Overview of renewable energy 18

Wind power 20

Solar power 21

Biopower 21

Hydropower 22

Geothermal 23

Chapter 2 Denmark 26

Summary 26

Overview 26

Wind power 30

Key players 31

Drivers of wind power 31

Resistors of wind power 32

Solar power 33

Key players 33

Drivers of solar power 34

Resistors of solar power 34

Biopower 35

Key players 35

Drivers of biopower 35

Resistors of biopower 36

Hydropower 36

Geothermal 37

Chapter 3 Finland 40

Summary 40

Overview 40

Wind power 43

Key players 44

Drivers of wind power 44

Resistors of wind power 45

Solar power 45

Key players 45

Drivers of solar power 45

Resistors of solar power 46

Biopower 46

Key players 46

Drivers of biopower 47

Resistors of biopower 47

Hydropower 48

Key players 49

Drivers of hydro power 49

Resistors of hydro power 50

Geothermal power 50

Chapter 4 Iceland 52

Summary 52

Overview 52

Hydropower 54

Key players 56

Drivers of hydropower 56

Resistors of hydropower 56

Geothermal 56

Key players 58

Drivers of geothermal 58

Resistors of geothermal 58

Chapter 5 Norway 62

Summary 62

Overview 62

Wind power 65

Key players 66

Drivers of wind power 66

Resistors of wind power 67

Solar 67

Biopower 69

Key players 69

Drivers of biopower 69

Resistors of biopower 70

Hydropower 71

Key players 71

Drivers of hydropower 71

Resistors of hydropower 72

Chapter 6 Sweden 74

Summary 74

Overview 74

Wind power 77

Key players 78

Drivers of wind power 78

Resistors of wind power 79

Solar power 80

Key players 80

Drivers of solar power 81

Resistors of solar power 81

Biopower 81

Key players 82

Drivers of biopower 83

Resistors of biopower 84

Hydropower 84

Key players 85

Drivers of hydropower 86

Resistors of hydropower 86

Geothermal power 86

Chapter 7 Outlook 90

Summary 90

Nordic region renewable energy outlook 90

Wind power 91

Solar power 92

Biopower 92

Hydropower 93

Geothermal 94

Appendix 98

Glossary 98

Index 100

List of Figures

Figure 1.1: Energy generation in the Nordic region (%), 2008 17

Figure 2.2: Denmark energy consumption (GWh), 2008 27

Figure 2.3: Denmark Wind power cumulative installed capacity (MW), 2004–08 31

Figure 3.4: Finland energy consumption (GWh), 2004–08 41

Figure 3.5: Finland wind power cumulative installed capacity (MW), 2004–08 44

Figure 3.6: Finland hydropower installed capacity (MW), 2004–08 49

Figure 4.7: Iceland final energy consumption (GWh), 2004–08 53

Figure 4.8: Iceland hydropower installed capacity (MW), 2004–08 55

Figure 4.9: Iceland geothermal electricity installed capacity (MW), 2004–08 57

Figure 5.10: Norway final energy consumption (GWh), 2005–08 63

Figure 5.11: Norway wind power cumulative installed capacity (MW), 2004–08 65

Figure 5.12: Norway solar PV cumulative installed capacity (MW), 2004–08 68

Figure 6.13: Sweden final energy consumption (GWh), 2008 75

Figure 6.14: Sweden wind power cumulative installed capacity (MW), 2004–08 78

Figure 6.15: Sweden hydropower installed capacity (MW), 2004–08 85

List of Tables

Table 1.1: Energy generation in the Nordic region (%), 2008 17

Table 1.2: Electricity generation in the Nordic region (GWh), 2008 18

Table 1.3: Electricity generated from renewable energy in the Nordic region, (GWh), 2008 19

Table 1.4: Wind power installed capacity (MW), 2004–08 20

Table 1.5: Hydropower generation in Nordic region (GWh), 2004–08 22

Table 2.6: Denmark energy consumption (GWh), 2005–08 27

Table 2.7: Electricity generation in Denmark (GWh), 2004–08 28

Table 2.8: Denmark wind power cumulative installed capacity (MW), 2004–08 30

Table 3.9: Finland energy consumption (GWh), 2004–08 41

Table 3.10: Electricity generation in Finland (GWh), 2004–08 42

Table 3.11: Finland wind power cumulative installed capacity (MW), 2004–08 43

Table 3.12: Finland hydropower installed capacity (MW), 2004–08 48

Table 4.13: Iceland final energy consumption (GWh), 2004–08 53

Table 4.14: Electricity generation in Iceland (GWh), 2004–08 54

Table 4.15: Iceland hydropower installed capacity (MW), 2004–08 55

Table 4.16: Iceland geothermal electricity installed capacity (MW), 2004–08 57

Table 5.17: Norway final energy consumption (GWh), 2005–08 63

Table 5.18: Electricity generation in Norway (GWh), 2005–08 64

Table 5.19: Norway wind power cumulative installed capacity (MW), 2004–08 65

Table 5.20: Norway solar PV cumulative installed capacity (MW), 2004–08 67

Table 6.21: Sweden final energy consumption (GWh), 2005–08 75

Table 6.22: Electricity generation in Iceland (GWh), 2004–08 76

Table 6.23: Sweden wind power cumulative installed capacity (MW), 2004–08 77

Table 6.24: Sweden hydropower installed capacity (MW), 2004–08 85

Companies mentioned

To order this report:

Renewable energy Industry: Green Energy in the Nordic Region: Renewable sources, capacity growth and future outlook

More  Market Research Report

Check our  Company Profile, SWOT and Revenue Analysis!

Nicolas Bombourg

Reportlinker

Email: nbo@reportlinker.com

US: (805)652-2626

Intl: +1 805-652-2626

SOURCE Reportlinker

Back to top

RELATED LINKS
http://www.reportlinker.com