Energy and Water and Waste Water Markets in Poland and in the CEE Region Attract Investments Despite the Crisis, States Frost & Sullivan
By Prne, Gaea News NetworkWednesday, July 8, 2009
WARSAW, Poland -
The current economic slowdown has affected many industry sectors but not all investments have been put on hold. EU compliance deadlines, growing energy consumption, an ageing infrastructure and EU funding are the major factors stimulating the Energy and Water and Wastewater sectors in Poland in the Central Eastern European (CEE) region.
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To highlight the significant investment growth opportunities in the Energy and Water industries and to examine major market drivers and restraints, Frost & Sullivan recently hosted a well-attended breakfast briefing at the Warsaw office.
Poland, which exhibits the highest growth in wind energy of all CEE countries and intends to source 15% of its energy from renewables by 2020, is poised to focus on concurrently developing a number of alternatives such as biomass, biogas or hydro.
“Wind energy is the most mature form of renewable energy, and, due to historical decreases in cost/kW, has the most potential to contribute to the 2020 renewable energy targets,” stated Gouri Kumar. Demand for renewable energy in CEE countries is vital for the EU to reach its 2020 target.
Also discussed was the Power Generation Market in Poland. Frost & Sullivan research analyst Maciej Jeziorski believes that a huge injection of capital expenditure into the energy sector in Poland, particularly in new generation capacity and transmission system, is needed.
“Coal plants using cleaner technologies with higher efficiency, renewable energy sources and nuclear energy are some of the attractive options,” states Jeziorski. “Accordingly, the power generation market presents great opportunities for investments in the not too distant future.”
Frost & Sullivan research analyst Tomasz Zagdan discussed Water and Wastewater in Poland and other CEE countries, revealing that Municipal Water and Wastewater treatment is not currently compliant with EU legislation. An estimated euro 40.2 billion injection into the Water and Wastewater infrastructure between 2007 and 2013 would be needed to ensure compliance in the new EU-12 member states. In total, more than PLN 61 billion in investments is needed to complete projects in Poland planned for 2007 - 2015.
“Regardless of the economic slowdown, legislative drivers continue to catalyze growth of the market,” Zagdan specified. However he added that, “The W&WW sector in the CEE region continues to lag 10-15 years behind Western Europe.”
To receive the full presentation of this event, please email Joanna Lewandowska at joanna.lewandowska@frost.com with the following information: your full name, company name, title, telephone number, e-mail, address, city, state and country.
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CONTACT: Joanna Lewandowska Corporate Communications P: +48-22-390-41-46 E: joanna.lewandowska@frost.com www.frost.com
Source: Frost & Sullivan
Joanna Lewandowska, Corporate Communications of Frost & Sullivan, +48-22-390-41-46, joanna.lewandowska at frost.com. Logo: https://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO
Tags: Frost & Sullivan, Poland, United Kingdom, Warsaw