Research and Markets: Philippines Power Report Q1 2012: vast renewables potential, steady expansion of thermal portfolio and a commitment to hydroelectric supply

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/419b18/philippines_power) has announced the addition of the "Philippines Power Report Q1 2012" report to their offering.

Nuclear energy remains a possibility for the Philippines, with plenty of interest from Asian countries in salvaging the unfinished Bataan nuclear plant or building a new facility. There are doubts that the nuclear option will be taken up, particularly in view of the country's vast renewables potential, the steady expansion of its thermal portfolio and a commitment to additional hydroelectric supply.

Business Monitor International's Philippines Power Report provides industry professionals and strategists, corporate analysts, power associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Philippines's power industry.

The government of the Philippines continues to reshape its power industry and energy portfolio. State-owned assets are being sold off in order to bring in new investors, which will ease the burden on the country to increase its thermal, hydro and geothermal/wind capacity. There is a risk of supply growing too slowly to keep up with demand unless greater commitments are made towards large-scale hydro, renewables and, possibly, nuclear expansion.

Key trends and recent developments:

• During the period 2011-2016, the Philippines' overall power generation is expected to increase by an average of 5.44% year-on-year (y-o-y), reaching 92.6TWh by 2016.
• An initial assessment by the Philippines Department of Energy (DoE) has placed the country's total wind potential at 76GW (across a 10,000sq km area).
• Following assumed real GDP growth of about 4.1% in 2011, BMI forecasts average annual growth of 4.5% between 2011 and 2021.
• BMI does not expect the Philippines to develop a significant power supply shortfall during the forecast period, with some scope for a limited generation surplus.

Key Topics Covered:

• SWOT Analysis
• Global Industry Overview
• Regional Industry Overview
• Industry Forecast Scenario
• Key Policies/Market Structure
• Business Environment
• Competitive Landscape
• Company Monitor

Companies Mentioned:

• Napocor
• The National Transmission Corporation (TransCo)
• First Gen
• Aboitiz Power
• Ayala Corporation
• Mirant
• Meralco
• EDC
• AES

For more information visit http://www.researchandmarkets.com/research/419b18/philippines_power