Czech Republic Power market overview

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4.1 The Czech Republic Main findings Wind energy in the Czech Republic L Wind energy development in the Czech Republic boomed up to 2010, then declined sharply due mainly to the sudden imposition of grid restrictions and difficulties in obtaining EIA approvals. L Wind energy deployment is now lagging below the growth trajectory set out in the NREAP.

Financing J Numerous commercial banks are experienced in wind energy financing. Regulatory framework L Obtaining permits is generally a long and cumbersome process.

Sites L Only 15% to 20% of the most suitable wind farm sites in the Czech Republic are unaffected by environmental planning restrictions. Supply chain J The Czech Republic has a significant national wind energy industry, covering manufacturing, construction and services. K The Czech wind energy sector is dominated by independent developers and financial institutions. There are fewer domestic and foreign utilities than in most other European markets.

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