This study provides a comprehensive analysis of the market for electricity generation on a global basis.  Its aim is to provide a range of information, from detailed national analyses to overall industry trends, in order to quantify and forecast markets for electricity generation. Various types of generation are forecast on a global basis. Forecasts and trends are developed from a cross-reference of data points, gleaned from government and industry sources and other divergent data sources to arrive at a cogent and coordinated forecast.

REASONS FOR DOING THE STUDY

The global market for electricity generation is enormous and growing at a high rate.  It is also extremely complicated from a technical, policy/regulatory, and economic/financial perspective.  This report analyzes different geographic and technology markets in order to help readers identify the regions and technologies where they can find the most promising opportunities.

This report also seeks to address changing market dynamics in the industry, emerging geographies, and types of technologies that are forecast to grow in each region.  This study also provides insight into the market structure in each region. This provides support to companies that are identifying global markets ripe for opportunity, and markets where entry or competition will be particularly difficult.

SCOPE OF REPORT

This report presents an analysis of current and historical installed capacity of electricity generation in each country and region in the world.  This analysis is organized by technology type, and data are presented for 2010 and 2011, with forecasts to 2016.  These data are also presented organized by technology type.

This report also presents forecasts as to the size and growth of the electricity generation market in each country and region in the world.  This report includes an analysis of the major industry structure in each market by geography.  This includes the levels of privatization versus public ownership of the electricity generation industry in a given market.  It also covers the ways in which the markets function and the level of competition that is present.  Relevant regulatory organizations, controls, and issues are also presented.

Important government policies are presented as they relate to electricity generation and the industry in each country and region.  The projected effects of these policies on the forecast for electricity generation in each country and region are discussed.  International agreements and the effect of regional cooperation is important in the electricity generating industries of many countries in the world, and these are also discussed where they are relevant.

Industry trends in each technology market are discussed.  The direction of each industry in each country and region supplements the market forecasts in order to give the reader a sense of the trends driving each forecast.

A competitive analysis of the major firms involved in electricity generation around the globe is presented.  The firms that are analyzed include the major companies active in the major markets covered in this report.  These include independent power producers, electric utilities with generation businesses for their own consumption or for sale on the wholesale market, as well as integrated utility companies that have a strong presence in the electricity generation industry.

Market figures are based on total installed capital cost of generation and are projected at 2011 dollar value.  Inflation is not computed into the projection figures.

INTENDED AUDIENCE

This report is an invaluable tool for business planners, acquisitions specialists, licensing strategists, product managers, market research analysts, investors, investor consultants and anyone interested in the global electricity generation market, the industry structure, and industry participants across the globe.

The importance of identifying overall market trends, product opportunities, emerging geographies, M&A opportunities, and insights that provide guidance for sales growth or defensive moves cannot be overstated for a variety of constituents, including:

Established companies in the industry shall benefit from the contents, including corporate strategy, sales and marketing, business development, and R&D.

Emerging energy technology players in the segment must understand specific market dynamics in the nations and regions presented here.  They must also understand trends and how they relate to the future of global electricity generation.

Investment firms evaluating candidates for venture capital or hedged investments will gain insights as to the opportunity and risk that are being encountered in different industries across the globe.  This report will enable them to have an understanding of opportunities for investments in the global energy-generating sector.

Equity analysts are provided detailed forecasts for the next 5 years, substantiated by quantitative analysis that can support further analysis to product and regional forecasts over the short and long run.

TABLE OF CONTENTS

CHAPTER ONE: INTRODUCTION 
    STUDY GOALS AND OBJECTIVES  1
    REASONS FOR DOING THE STUDY  1
    SCOPE OF REPORT  1
    INTENDED AUDIENCE  2
    METHODOLOGY AND INFORMATION SOURCES 3
    ANALYST CREDENTIALS  3
    RELATED REPORTS  4
    DISCLAIMER  4

CHAPTER TWO: SUMMARY 
  SUMMARY TABLE GLOBAL MARKET FOR ELECTRICITY
    GENERATION BY REGION, THROUGH 2016 ($ MILLIONS)  5
  SUMMARY FIGURE GLOBAL MARKET FOR ELECTRICITY
    GENERATION BY REGION, 2010-2016 ($ MILLIONS)  6
    SUMMARY (CONTINUED)  7

CHAPTER THREE: OVERVIEW 
     THE ELECTRICITY GENERATION INDUSTRY  8
     CONCEPTS IN THE INDUSTRY  9
          ENERGY AND POWER  9
          ELECTRICITY GENERATING REQUIREMENTS  9
          CAPITAL COSTS  10
          LEVELIZED COST OF ENERGY  10
     ELECTRICITY GENERATING TECHNOLOGIES  10
     LIFE CYCLE AND THE NATURE OF POWER SECTOR
        INVESTMENTS  11
     IMPORTANCE OF THE INDUSTRY  11
     FORESEEABLE FUTURE DEVELOPMENTS  12
     GOVERNMENT REGULATIONS  13
     EFFECT ON THE FUTURE  13
     UTILITY-SCALE ELECTRICITY STORAGE (UES) TECHNOLOGIES  13
     COSTS AND ECONOMIC VIABILITY  14
          PUMPED HYDROLOGIC STORAGE  15
          COMPRESSED AIR ENERGY STORAGE  16
     BENEFITS OF UTILITY-SCALE ELECTRICITY STORAGE
        TECHNOLOGIES 17
          GRID BENEFITS  17
               Load Leveling 18
  FIGURE 1 REPRESENTATION OF A DAILY LOAD CURVE  19
               Capacity Factor/Dispatch for Intermittent Renewables  20
               Peaking Power Support  21
           OFFSET OF NEEDED PEAKING POWER GENERATION
             CAPACITY  21
           OFFSET OF NEEDED RENEWABLE GENERATION
             CAPACITY  22
           ECONOMIC BENEFITS 23
                Energy Arbitrage  23
                Investment Deferral  23
           RENEWABLE ENERGY DISPATCH AND TIMING BENEFITS
             (ABILITY TO MEET RENEWABLE ENERGY TARGETS,
             ETC) 24
                Carbon Capture and Storage  24
                         Carbon Capture and Storage (Continued)  25
   TABLE 1 VALUE CUMULATIVE CAPITAL BASE OF CCS
     TECHNOLOGIES, THROUGH 2014 ($ BILLIONS)  26
      ALTERNATE ELECTICAL POWER STORAGE  27
   TABLE 2 ALTERNATIVE ENERGY STORAGE MARKET BY POWER
     SOURCE, CONSENSUS SCENARIO, THROUGH 2016 ($ MILLIONS)  28
      SMART GRID  28
           DEFINITIONS  28
           BENEFITS OF SMART GRIDS  28
                Direct Benefits  28
                         Benefits to Utilities  28
                                    Lower Capital Costs 29
                                    Reduced Operating Costs  29
                         Benefits to Users  30
                                    Improved Quality and Reliability  30
                                    Lower Costs  31

CHAPTER FOUR: TECHNOLOGIES
     INTRODUCTION  32
     COST DATA AND MARKET FORECASTS  32
     ASSUMPTIONS  33
     DATA SOURCES  34
     SUMMARY  34
  TABLE 3 ASSUMED COSTS OF GENERATING TECHNOLOGIES
    ($/KW)  34
     COAL  35
           PULVERIZED COAL  35
           INTEGRATED GASIFICATION COMBINED CYCLE (IGCC)  36
           IGCC WITH CARBON CAPTURE AND STORAGE (IGCC-CCS)  36
  TABLE 4 CAPITAL COST OF COAL TECHNOLOGIES ($/KW, $/KW-
    YR, $/MWH)  36
           REPRESENTATIVE SUBTECHNOLOGY AND COST  36
     NATURAL GAS  37
           NATURAL GAS TURBINE (CT)  37
            NATURAL GAS COMBINED CYCLE (NGCC)  37
   TABLE 5 COST OF NATURAL GAS TECHNOLOGIES ($/KW, $/KW-
     YR, $/MWH)  37
            REPRESENTATIVE SUBTECHNOLOGY AND COST  38
      NUCLEAR  38
   TABLE 6 COST OF NUCLEAR TECHNOLOGIES ($/KW, $/KW-YR,
     $/MWH)  38
      HYDROPOWER  39
   TABLE 7 COST OF HYDROPOWER TECHNOLOGIES ($/KW, $/KW-
     YR, $/MWH)  39
      SOLAR  39
            SOLAR THERMAL  40
            SOLAR PV CRYSTALLINE 40
            SOLAR PV THIN FILM  40
   TABLE 8 COST OF SOLAR TECHNOLOGIES ($/KW, $/KW-YR,
     $/MWH)  40
            REPRESENTATIVE SUBTECHNOLOGY AND COST  40
      WIND  41
            ONSHORE WIND  41
            OFFSHORE WIND  41
   TABLE 9 COST OF WIND TECHNOLOGIES ($/KW, $/KW-YR,
     $/MWH)  42
            REPRESENTATIVE SUBTECHNOLOGY AND COST  42
      BIOMASS  42
            BIOMASS COMBINED CYCLE (BCC)  42
            BIOMASS BUBBLING FLUIDIZED BED REACTOR (BBFB)  43
   TABLE 10 COST OF BIOMASS TECHNOLOGIES ($/KW, $/KW-YR,
     $/MWH)  43
      GEOTHERMAL  43
   TABLE 11 COST OF GEOTHERMAL TECHNOLOGIES ($/KW, $/KW-
     YR, $/MWH)  44

CHAPTER FIVE: INDUSTRY STRUCTURE 
    DRIVING FORCES IN THE INDUSTRY  45
         GOVERNMENT REGULATIONS AND POLICIES 45
               Rate Regulation  46
               Development Priorities  46
               Environmental Regulations  47
         ELECTRICITY MARKET STRUCTURE  48
               Privatization  48
               Competition 49
         TECHNOLOGY DEVELOPMENTS  50
               New Generation Technologies 50
               Incremental Developments in Existing Technologies  50
         FUEL PRICES 50
         STRATEGIES FOR STAYING COMPETITIVE  51
              MANAGING GOVERNMENT REGULATIONS AND
                 DEVELOPMENT PRIORITIES  51
                    Entering Into Profitable Long-Term Supply Contracts  52
                    Manage Fuel Supply and Fuel Price Risk  52
                    Managing Competitive Markets  52
                    Export Knowledge and Technology 53
         SHIFTS IN THE INDUSTRY  53
         IMPACT ON/OF OTHER INDUSTRIES  54
              FUELS  54
              COMMODITY PRICES  54
              EFFECT ON THE ECONOMY AS A WHOLE  55

CHAPTER SIX: MARKETS BY TECHNOLOGY
     SUMMARY  56
  TABLE 12 GLOBAL CUMULATIVE ELECTRICITY GENERATING
    CAPACITY, THROUGH 2016 (GW)  56
          SUMMARY (CONTINUED)  57
  TABLE 13 GLOBAL MARKET FOR ELECTRICITY GENERATION,
    THROUGH 2016 ($ MILLIONS) 58
     COAL  58
          ROLE IN THE ELECTRICITY INDUSTRY  58
          INDUSTRY TRENDS  59
  TABLE 14 GLOBAL COAL ELECTRICITY GENERATING CAPACITY,
    THROUGH 2016 (GW) 59
                     Coal Electricity Generation in Non-OECD Asia and the
                          US  59
                     Coal Electricity Generation in OECD Europe and OECD
                          Asia  60
          COAL INDUSTRY FORECAST  61
  TABLE 15 GLOBAL COAL ELECTRICITY GENERATION INDUSTRY
    FORECAST, THROUGH 2016 ($ MILLIONS)  61
     NATURAL GAS  62
          ROLE IN THE ELECTRICITY INDUSTRY  62
          INDUSTRY TRENDS  62
  TABLE 16 GLOBAL NATURAL GAS ELECTRICITY GENERATION
    CAPACITY, THROUGH 2016 (GW)  63
          NATURAL GAS ELECTRICITY GENERATION INDUSTRY
               FORECAST  63
  TABLE 17 GLOBAL NATURAL GAS ELECTRICITY GENERATION
    INDUSTRY FORECAST, THROUGH 2016 ($ MILLIONS)  64
                     US  64
                     Mexico, Brazil and Central and South America  64
                     OECD Europe  65
                     Russia  65
                   Non-OECD Europe and Eurasia other than Russia  65
                   India  65
                   Africa and the Middle East  65
   LIQUID FUELS  66
        ROLE IN THE ELECTRICITY INDUSTRY, INDUSTRY
             TRENDS, FORECAST  66
TABLE 18 GLOBAL LIQUID FUEL ELECTRICITY GENERATION
  CAPACITY, THROUGH 2016 (GW)  66
   NUCLEAR  67
        ROLE IN THE ELECTRICITY INDUSTRY  67
        INDUSTRY TRENDS  67
                   Fukushima Daiichi and the Future of Nuclear Power 67
                             Fukushima Daiichi and the  (Continued) 68
                   Diversifying Electricity Generation  69
                   Project Risk and Uncertainty  69
        EXISTING CAPACITY  69
TABLE 19 GLOBAL NUCLEAR ELECTRICITY GENERATION
  CAPACITY, THROUGH 2016 (GW)  70
        NUCLEAR ELECTRICITY GENERATION INDUSTRY
             FORECAST  70
TABLE 20 GLOBAL NUCLEAR ELECTRICITY GENERATION
  INDUSTRY FORECAST, THROUGH 2016 ($ MILLIONS)  70
   HYDROPOWER  71
        ROLE IN THE ELECTRICITY INDUSTRY  71
        INDUSTRY TRENDS  72
TABLE 21 GLOBAL HYDROPOWER ELECTRICITY GENERATION
  CAPACITY, THROUGH 2016 (GW)  72
        HYDROPOWER ELECTRICITY GENERATION INDUSTRY
             FORECAST  73
TABLE 22 GLOBAL HYDROPOWER ELECTRICITY GENERATION
  INDUSTRY FORECAST, THROUGH 2016 ($ MILLIONS)  73
   WIND  73
        ROLE IN THE ELECTRICITY INDUSTRY  73
        INDUSTRY TRENDS  74
TABLE 23 GLOBAL WIND ELECTRICITY GENERATION CAPACITY,
  THROUGH 2016 (GW) 74
        WIND ELECTRICITY GENERATION INDUSTRY FORECAST  75
TABLE 24 GLOBAL WIND ELECTRICITY GENERATION INDUSTRY
  FORECAST, THROUGH 2016 ($ MILLIONS)  75
   SOLAR  76
        ROLE IN THE ELECTRICITY INDUSTRY  76
        INDUSTRY TRENDS  76
TABLE 25 GLOBAL SOLAR ELECTRICITY GENERATION CAPACITY,
  THROUGH 2016 (GW) 77
   TABLE 26 GLOBAL SOLAR ELECTRICITY GENERATION CAPACITY,
     THROUGH 2016 (GW) 77
           SOLAR ELECTRICITY GENERATION INDUSTRY
             FORECAST  78
   TABLE 27 GLOBAL SOLAR ELECTRICITY GENERATION INDUSTRY
     FORECAST, THROUGH 2016 ($ MILLIONS)  78
   TABLE 28 GLOBAL SOLAR ELECTRICITY GENERATION INDUSTRY
     FORECAST, THROUGH 2016 ($ MILLIONS)  79
      GEOTHERMAL  80
           ROLE IN THE ELECTRICITY INDUSTRY  80
           INDUSTRY TRENDS  80
   TABLE 29 GLOBAL GEOTHERMAL ELECTRICITY GENERATION
     CAPACITY, THROUGH 2016 (GW)  81
           GEOTHERMAL ELECTRICITY GENERATION INDUSTRY
             FORECAST  81
   TABLE 30 GLOBAL GEOTHERMAL ELECTRICITY GENERATION
     INDUSTRY FORECAST, THROUGH 2016 ($ MILLIONS)  81
   TABLE 31 GLOBAL GEOTHERMAL ELECTRICITY GENERATION
     INDUSTRY FORECAST, THROUGH 2016 ($ MILLIONS)  82
      BIOMASS  82
           ROLE IN THE ELECTRICITY INDUSTRY  82
           INDUSTRY TRENDS  83
   TABLE 32 GLOBAL BIOMASS ELECTRICITY GENERATION
     CAPACITY, THROUGH 2016 (GW)  83
           BIOMASS ELECTRICITY GENERATION INDUSTRY
             FORECAST  84
   TABLE 33 GLOBAL BIOMASS ELECTRICITY GENERATION
     INDUSTRY FORECAST, THROUGH 2016 ($ MILLIONS)  84

CHAPTER SEVEN: INTELLECTUAL PROPERTY LANDSCAPE FOR ENERGY GENERATION 
      TRENDS BY TECHNOLOGY FOR ALTERNATIVE ENERGY
        PATENTS 85
  FIGURE 2 PATENT APPLICATIONS BY TECHNOLOGY, <1980-2005
     (NUMBER/)  86
  FIGURE 2 (CONTINUED)  87
          TRENDS BY TECHNOLOGY FOR  (CONTINUED)  88

CHAPTER EIGHT: REGIONAL ANALYSIS OF THE GLOBAL MARKET
     INTRODUCTION  89
          GLOBAL ELECTRICITY GENERATION TRENDS  90
     SUMMARY  90
  TABLE 34 GLOBAL ELECTRICITY GENERATING CAPACITY,
    THROUGH 2016 (GW) 91
   TABLE 35 GLOBAL ELECTRICITY GENERATION CAPACITY
     ADDITIONS BY COUNTRY/REGION, 2011-2016 (GW)  92
   TABLE 36 GLOBAL MARKET FOR ELECTRICITY GENERATION,
     THROUGH 2016 ($ MILLIONS) 93

CHAPTER NINE: NORTH AMERICA 
     UNITED STATES  94
          INDUSTRY STRUCTURE  95
          GOVERNMENT POLICIES AND REGULATIONS 95
                  The DOE and ARPA-E  96
                            The DOE and APRPA-E (Continued)  97
  TABLE 37 ADVANCED RESEARCH PROJECTS AGENCY ­ ENERGY
    (ARPA-E) (FUNDING PROFILE BY SUBPROGRAM)  98
          EXISTING GENERATION  98
  TABLE 38 US CUMULATIVE ELECTRICITY GENERATING
    CAPACITY, THROUGH 2016 (GW)  99
          INDUSTRY FORECAST  99
  TABLE 39 US MARKET FOR ELECTRICITY GENERATION,
    THROUGH 2016 ($ MILLIONS) 100
     CANADA  101
          INDUSTRY STRUCTURE  102
          GOVERNMENT POLICIES AND REGULATIONS 102
          EXISTING GENERATION  103
  TABLE 40 CANADIAN CUMULATIVE ELECTRICITY GENERATING
    CAPACITY, THROUGH 2016 (GW)  104
          INDUSTRY FORECAST  104
  TABLE 41 CANADIAN MARKET FOR ELECTRICITY GENERATION,
    THROUGH 2016 ($ MILLIONS) 105
     MEXICO  106
          INDUSTRY STRUCTURE  106
          GOVERNMENT POLICIES AND REGULATIONS 106
          EXISTING GENERATION  107
  TABLE 42 MEXICAN CUMULATIVE ELECTRICITY GENERATING
    CAPACITY, THROUGH 2016 (GW)  107
          INDUSTRY FORECAST  108
  TABLE 43 MEXICAN MARKET FOR ELECTRICITY GENERATION,
    THROUGH 2016 ($ MILLIONS) 108
                  Industry Forecast (Continued)  109

CHAPTER TEN: EUROPE
    OECD EUROPE  110
         INDUSTRY STRUCTURE  110
         GOVERNMENT POLICIES AND REGULATIONS 111
         EXISTING GENERATION  112
   TABLE 44 OECD EUROPE'S CUMULATIVE ELECTRICITY
     GENERATING CAPACITY, THROUGH 2016 (GW)  113
            INDUSTRY FORECAST  113
   TABLE 45 OECD EUROPEAN MARKET FOR ELECTRICITY
     GENERATION, THROUGH 2016 ($ MILLIONS)  114
      RUSSIA  115
            INDUSTRY STRUCTURE  115
            GOVERNMENT POLICIES AND REGULATIONS 115
            EXISTING GENERATION  116
   TABLE 46 RUSSIA'S CUMULATIVE ELECTRICITY GENERATING
     CAPACITY, THROUGH 2016 (GW)  117
            INDUSTRY FORECAST  117
   TABLE 47 RUSSIAN MARKET FOR ELECTRICITY GENERATION,
     THROUGH 2016 ($ MILLIONS) 118
      NON-OECD EUROPE AND EURASIA OTHER THAN RUSSIA  118
            INDUSTRY STRUCTURE  118
            GOVERNMENT POLICIES AND REGULATIONS 119
            EXISTING GENERATION  120
   TABLE 48 NON-OECD EUROPEAN AND EURASIAN (OTHER THAN
     RUSSIA) CUMULATIVE ELECTRICITY GENERATING CAPACITY,
     THROUGH 2016 (GW) 120
            INDUSTRY FORECAST  120
   TABLE 49 NON-OECD EUROPEAN AND EURASIAN (OTHER THAN
     RUSSIA) MARKET FOR ELECTRICITY GENERATION, THROUGH
     2016 ($ MILLIONS)  121

CHAPTER ELEVEN: ASIA
     JAPAN  122
          INDUSTRY STRUCTURE  122
          GOVERNMENT POLICIES AND REGULATION  122
          EXISTING GENERATION  123
  TABLE 50 JAPAN'S CUMULATIVE ELECTRICITY GENERATING
    CAPACITY, THROUGH 2016 (GW)  124
          INDUSTRY FORECAST  124
  TABLE 51 JAPANESE MARKET FOR ELECTRICITY GENERATION,
    THROUGH 2016 ($ MILLIONS) 125
     SOUTH KOREA  125
          INDUSTRY STRUCTURE  126
          GOVERNMENT POLICIES AND REGULATION  126
          EXISTING GENERATION  126
  TABLE 52 SOUTH KOREA'S CUMULATIVE ELECTRICITY
    GENERATING CAPACITY, THROUGH 2016 (GW)  127
          INDUSTRY FORECAST  127
  TABLE 53 SOUTH KOREAN MARKET FOR ELECTRICITY
    GENERATION, THROUGH 2016 ($ MILLIONS)  128
      CHINA  128
           INDUSTRY STRUCTURE  129
           GOVERNMENT POLICIES AND REGULATIONS 130
           EXISTING GENERATION  131
   TABLE 54 CHINA'S CUMULATIVE ELECTRICITY GENERATING
     CAPACITY, THROUGH 2016 (GW)  131
           INDUSTRY FORECAST  132
   TABLE 55 CHINESE MARKET FOR ELECTRICITY GENERATION,
     THROUGH 2016 ($ MILLIONS) 133

CHAPTER TWELVE: PACIFIC AND INDIAN OCEAN REGION
     AUSTRALIA/NEW ZEALAND  134
          INDUSTRY STRUCTURES  134
          GOVERNMENT POLICIES AND REGULATIONS 135
          EXISTING GENERATION  136
  TABLE 56 AUSTRALIA/NEW ZEALAND'S CUMULATIVE
    ELECTRICITY GENERATING CAPACITY, THROUGH 2016 (GW)  136
          INDUSTRY FORECAST  137
  TABLE 57 AUSTRALIAN/NEW ZEALAND MARKET FOR
    ELECTRICITY GENERATION, THROUGH 2016 ($ MILLIONS)  137
     INDIA  137
          INDUSTRY STRUCTURE  138
          GOVERNMENT POLICIES AND REGULATIONS 139
          EXISTING GENERATION  140
  TABLE 58 INDIA'S CUMULATIVE ELECTRICITY GENERATING
    CAPACITY, THROUGH 2016 (GW)  140
          ELECTRICITY GENERATION INDUSTRY FORECAST  141
  TABLE 59 INDIAN MARKET FOR ELECTRICITY GENERATION,
    THROUGH 2016 ($ MILLIONS) 141
     NON-OECD ASIA OTHER THAN CHINA AND INDIA  142
          INDUSTRY STRUCTURE  143
          GOVERNMENT POLICIES  143
          EXISTING GENERATION  144
  TABLE 60 NON-OECD ASIAN (EXCEPT CHINA AND INDIA)
    CUMULATIVE ELECTRICITY GENERATING CAPACITY,
    THROUGH 2016 (GW) 144
          INDUSTRY FORECAST  145
  TABLE 61 NON-OECD ASIA'S (EXCEPT CHINA AND INDIA) MARKET
    FOR ELECTRICITY GENERATION, THROUGH 2016 ($ MILLIONS) 145

CHAPTER THIRTEEN: EMERGING MARKETS/REST OF WORLD 
    THE MIDDLE EAST  146
         INDUSTRY STRUCTURE  146
         GOVERNMENT POLICIES AND REGULATIONS 147
         EXISTING GENERATION  147
   TABLE 62 THE MIDDLE EAST'S CUMULATIVE ELECTRICITY
     GENERATING CAPACITY, THROUGH 2016 (GW)  148
           INDUSTRY FORECAST  148
   TABLE 63 MIDDLE EASTERN MARKET FOR ELECTRICITY
     GENERATION, THROUGH 2016 ($ MILLIONS)  149
      AFRICA  149
           INDUSTRY STRUCTURE  150
                     Industry Structure (Continued)  151
           GOVERNMENT POLICIES AND REGULATIONS 152
           EXISTING GENERATION  153
   TABLE 64 AFRICA'S CUMULATIVE ELECTRICITY GENERATING
     CAPACITY, THROUGH 2016 (GW)  153
           INDUSTRY FORECAST  153
   TABLE 65 AFRICAN MARKET FOR ELECTRICITY GENERATION,
     THROUGH 2016 ($ MILLIONS) 154
      BRAZIL  154
           INDUSTRY STRUCTURE  155
           GOVERNMENT POLICIES AND REGULATIONS 155
           EXISTING GENERATION  156
   TABLE 66 BRAZIL'S CUMULATIVE ELECTRICITY GENERATING
     CAPACITY, THROUGH 2016 (GW)  156
           INDUSTRY FORECAST  157
   TABLE 67 BRAZIL MARKET FOR ELECTRICITY GENERATION,
     THROUGH 2016 ($ MILLIONS) 157
      CENTRAL AND SOUTH AMERICA EXCEPT BRAZIL  157
           INDUSTRY STRUCTURE  158
           GOVERNMENT POLICIES AND REGULATION  159
           EXISTING GENERATION  160
   TABLE 68 CENTRAL AND SOUTH AMERICA'S (EXCEPT BRAZIL)
     CUMULATIVE ELECTRICITY GENERATING CAPACITY,
     THROUGH 2016 (GW) 161
           INDUSTRY FORECAST  161
   TABLE 69 CENTRAL AND SOUTH AMERICAN (EXCEPT BRAZIL)
     MARKET FOR ELECTRICITY GENERATION, THROUGH 2016 ($
     MILLIONS)  162

CHAPTER FOURTEEN: COMPANY PROFILES 
    SUMMARY  163
    COMPANIES  163
         AES CORP  163
              Overview  163
              Corporate Strategy  164
         AES GENER SA  164
              Overview  164
         CEZ AS  164
     Overview  165
     Corporate Strategy  165
CHINA RESOURCES POWER HOLDINGS CO LTD  165
     Overview  165
     Corporate Strategy  165
CHINA YANGTZE POWER CO LTD 166
     Overview  166
     Corporate Strategy  166
CONSTELLATION ENERGY GROUP, INC  166
     Overview  166
     Corporate Strategy  167
DATANG INTERNATIONAL POWER GENERATION CO,
   LTD  167
     Overview  167
     Corporate Strategy  167
DOMINION RESOURCES, INC  167
     Overview  168
     Corporate Strategy  168
EON AG  168
     Overview  168
     Corporate Strategy  168
ELECTRICITÉ DE FRANCE  169
     Overview  169
     Corporate Strategy  169
ELETROBRAS  169
     Overview  170
     Corporate Strategy  170
ENDESA SA  170
     Overview  170
     Corporate Strategy  171
ENEL SPA  171
     Overview  171
     Corporate Strategy  171
ENERGIE BADEN-WÜRTTEMBERG AG  172
     Overview  172
     Corporate Strategy  172
ENERSIS SA  172
     Overview  172
     Corporate Strategy  173
ESKOM HOLDINGS LTD  173
     Overview  173
     Corporate Strategy  173
EXELON CORP  174
     Overview  174
     Corporate Strategy  174
HUANENG POWER INTERNATIONAL  174
     Overview  174
     Corporate Strategy  175
IBERDROLA SA 175
     Overview  175
     Corporate Strategy  175
INTERNATIONAL POWER PLC  175
     Overview  176
     Corporate Strategy  176
J-POWER/ELECTRIC POWER DEVELOPMENT CO, LTD 176
     Overview  176
     Corporate Strategy  176
MIDAMERICAN ENERGY HOLDINGS CO  177
     Overview  177
NEXTERA ENERGY, INC  177
     Overview  177
     Corporate Strategy  178
NRG ENERGY INC 178
     Overview  178
     Corporate Strategy  178
NTPC LTD  179
     Overview  179
     Corporate Strategy  179
PUBLIC SERVICE ENTERPRISE GROUP INC  179
     Overview  179
     Corporate Strategy  180
RUSHYDRO JSC  180
     Overview  180
     Corporate Strategy  180
RWE AG  181
     Overview  181
     Corporate Strategy  181
SAUDI ELECTRICITY COMPANY  181
     Overview  181
     Corporate Strategy  182
SCOTTISH & SOUTHERN ENERGY PLC  182
     Overview  182
     Corporate Strategy  182
SEMPRA ENERGY  182
     Overview  183
     Corporate Strategy  183
SOUTHERN COMPANY  183
     Overview  183
     Corporate Strategy  183
TATA POWER CO, LTD  184
     Overview  184
     Corporate Strategy  184
TOKYO ELECTRIC POWER CO, INC  184
     Overview  185
     Corporate Strategy  185
VATTENFALL AB  185
     Overview  185
     Corporate Strategy  186