This is a best prospect industry sector for this country. Includes a market overview and trade data.
Overview
The Czech Clean Tech market is primarily driven by EU regulation and spending is boosted by funding from the EU. The Czech Republic is historically an industrialized country, employing almost 38 percent of its economically active population in the industrial, the highest proportion of any country in the EU. Additionally, the Czech Republic produces 50 percent of its energy using fossil fuels, 32 percent in nuclear power plants and only 11 percent comes from renewable sources.
Given Czech Republic’s dependance on non-renewable energy sources and heavy industry, particularly in the automotive sector, the country is expected to face considerable challenges in reaching net zero carbon emissions by 2050 in accordance with the European Green Deal.
Opportunities
As the Czech Republic will need to reach net zero carbon emissions by 2050, there are opportunities for U.S. exporters of Clean Technology solutions across a range of sub-sectors, notably for U.S. exporters of environmental technology solutions.
Amplified by its high industrial output, the Czech Republic suffers from water scarcity. Additionally, around 16.6 percent of Czech households are also not connected to sewers and existing water treatment facilities. These facilities are planning to upgrade existing systems to reduce nitrogen and phosphorus wastewater levels in accordance with EU regulation, thus creating opportunities for U.S. producers of wastewater systems.
Due to the need to reach net-zero carbon emissions by 2050, manufacturing plants in the Czech Republic will be required to employ more sophisticated air pollution control technologies. This is likely to create opportunities for U.S. exporters of air pollution control technologies.
Leading Sub-Sectors:
- Energy: Smart Grid, Clean Energy, Decarbonizing Solutions, Energy Efficient Solutions, Energy Storage
- Advanced Manufacturing: Manufacturing Technologies, Research & Development
- Design & Construction: Green Construction & Design, Sustainable Materials & Products
- Automotive: Smart Mobility & Intelligent Transportation Systems, Electric Vehicles
- Environmental Technology: Environmental Technologies & Services
- Agriculture: Precision Agriculture
Resources
The Czech Environmental Information Agency
https://www.cenia.cz/czech-environmental-information-agency/
https://www.cenia.cz/czech-environmental-information-agency/#_aktuality
CzechInvest: EcoTech Section