BMI View: The future of the country’s power sector is largely dependent on nuclear and renewables, although gas has a key role to play over the medium term, as it will help reduce reliance on coal in electricity generation. However, both sectors have experienced setbacks. There is an increasing level of uncertainty within the country’s renewable regulatory framework, with the Government threatening further cuts in subsidies for the sector, with risks deterring potential investors. We anticipate sluggish growth across the majority of segments within the renewables industry in 2013. In addition, expected delays over the expansion of the Temelin nuclear …
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