Power to Gas: Electric Congestion

Save this PDF as:

Size: px
Start display at page:

Download "Power to Gas: Electric Congestion"

Transcription

1 Power to Gas: Electric Congestion Cis Vansteenberge Power to Gas: Electric Congestion - 26/11/2014 1

2 Introduction Technical congestion Economic congestion Case study Zeebruges Conclusions Content Power to Gas: Electric Congestion - 26/11/2014 2

3 Introduction Technical congestion Economic congestion Case study Zeebruges Conclusions Content Power to Gas: Electric Congestion - 26/11/2014 3

4 Introduction Total electric consumption in Belgium (2013): 80,6 TWh Monitored capacity [MW] (march 2013) Average production [MWh] (march 2013) Power to Gas: Electric Congestion - 26/11/2014 4

5 Introduction Daily production (march 2013) Power [MW] ADJUSTABLE Natural gas Hydro PRIORITY Wind Solar Other renewable MUST RUN Nuclear Coal Industrial CHP Time [hh:mm] Power to Gas: Electric Congestion - 26/11/2014 5

6 The economy of electricity Introduction Energy providers in Belgium buy and sell energy on two types of markets Endex Forward or day ahead market Price on daily basis, announced the day ahead at 2 p.m. Belpex Spot market Instantanuous price on hourly basis Susceptible on energy shortages and surpluses Reflects the balance of the grid Power to Gas: Electric Congestion - 26/11/2014 6

7 Introduction Technical congestion Economic congestion Case study Zeebruges Conclusions Content Power to Gas: Electric Congestion - 26/11/2014 7

8 Technical congestion Technical congestion on the grid Mismatch between production and consumption results in frequency variation Instability of the Belgian grid Power to Gas: Electric Congestion - 26/11/2014 8

9 Technical congestion Technical congestion on transmission grid Balancing the grid by adjusting the frequency Instantanuous adjustments by means of primary control (Carried out mainly by natural gas plants) If must run and renewables exceed load congestion of the grid Power to Gas???? Power to Gas: Electric Congestion - 26/11/2014 9

10 Introduction Technical congestion Economic congestion Case study Zeebruges Conclusions Content Power to Gas: Electric Congestion - 26/11/

11 Market operation Economic congestion Energy providers have to predict the day ahead consumption Technical constraint:! demand and supply have to be in balance! Discrepancy in forecast and actual demand has to be bought from Belpex market Power to Gas: Electric Congestion - 26/11/

12 Market operation Economic congestion Priority on renewables, but difficult to predict Renewables have a significant influence on spot market price Example: 16 th of june, Price ( /MWh) Negative prices!! Time (h) June October December Power to Gas: Electric Congestion - 26/11/

13 Price duration curve Economic congestion Economically interesting for P2G Price [ /MWh] Hours [h] Power to Gas: Electric Congestion - 26/11/

14 Introduction Technical congestion Economic congestion Case study Zeebruges Conclusions Content Power to Gas: Electric Congestion - 26/11/

15 Case study Zeebruges Composition of Belgian wind energy: Onshore Offshore Total Monitored capacity Jan MW 195 MW 930 MW Monitored capacity Dec MW 490 MW 1487 MW Produced energy GWh 1240 GWh 3050 GWh Share of total production ,25 % 1,54 % 3,78 % Monitoredcapacitynow (Nov.) 1120 MW 710 MW 1830 MW Power to Gas: Electric Congestion - 26/11/

16 Description Case study Zeebruges (Direct coupling) Arrival of all Belgian offshore wind energy Power to Gas: Electric Congestion - 26/11/

17 Case study Zeebruges Wind profile = Monitored capacity Power [MW p.u.] Day of the year Power to gas unit can flatten capricious wind profile! Power to Gas: Electric Congestion - 26/11/

18 Case study Zeebruges Goal: Implement a Power to gas unit in Zeebruges to convert a share of the offshore wind energy to hydrogen Making profit Grid stabilizing Price [ /MWh] Hours [h] Power to Gas: Electric Congestion - 26/11/

19 Case study Zeebruges Variable trigger price Finding the balance between price and operating time Price [ /MWh] Hours [h] Operation time Power to Gas: Electric Congestion - 26/11/

20 Direct coupling Case study Zeebruges Technical parameters: Power wind offshore: 700 MW (Nov. 14) Power elektrolyzer: MW Efficiency elektrolyzer: 70% (47 kwh e 1 kg H 2 ) Min. power elektrolyzer: 20% P nom Water consumption neglected Byproducts: Heat 1 MWh e 0,3 MWh heat Oxygen 47 kwh e 8 kg O 2 Power to Gas: Electric Congestion - 26/11/

21 Direct coupling Case study Zeebruges Financial parameters: Costs Electricity [EUR/MWh] Variable price Belpex Investment [EUR] 1500 x Cap. [kg/day] Operation and maintenance [EUR] 5 % of investment Revenues H 2 [EUR/kg] 3 Heat [EUR/MWh e ] 10 O 2 [EUR/kg] 0,04 Extra Economic lifetime 10 years Interest 5 % Power to Gas: Electric Congestion - 26/11/

22 Case study Zeebruges Direct coupling Ex.: Elektrolyzer = 280 MW, trigger = 80 EUR/MWh Vermogen Power installatie H2 [MW] Power Vermogen wind Wind [MW] Price Prijs Belpex [EUR/MWh] [/MWh] Dag van het jaar Day of the year Power to Gas: Electric Congestion - 26/11/

23 Direct coupling Operating hours Case study Zeebruges Operating hours [h] Aantal draaiuren [h] Vermogen installatie [MW] Power installation [MW] Power to Gas: Electric Congestion - 26/11/

24 Direct coupling Annual profit Case study Zeebruges 700 x Vermogen van de installatie [MW] Power H2[MW] Profitable Prijs triggerwaarde [/MWh] Price trigger [EUR/MWh] Power to Gas: Electric Congestion - 26/11/

25 Direct coupling Optimal parameters? Case study Zeebruges keur Profit [EUR] Netto winst [] 2 x ,89 EUR/kg Price H2 [EUR/kg] Kostprijs H2 [/kg] EUR/MWh Trigger [EUR/MWh] Prijs trigger [/MWh] Vermogen installatie [MW] 28 MW Day of the year Power to Gas: Electric Congestion - 26/11/

26 Introduction Technical congestion Economic congestion Case study Zeebruges Conclusions Content Power to Gas: Electric Congestion - 26/11/

27 Conclusions Potential profit with direct coupling, but low! Investment cost seems to be the bottleneck Great uncertainty about the exactitude of the economic parameters H 2 market not taken into account Without selling of heat and O 2 not profitable!! Grid coupling will be more expensive due to grid contributions Future developments? (Renewables, electricity price, ) Power to Gas: Electric Congestion - 26/11/

28 Power to Gas: Electric Congestion - 26/11/

Power Generation. Lilian Macleod Power Supply Manager National Grid

Power Generation. Lilian Macleod Power Supply Manager National Grid Power Generation Place your chosen image here. The four corners must just cover the arrow tips. For covers, the three pictures should be the same size and in a straight line. This text box and image can

More information

Berlin, June 14, 2013 2nd Annual Electricity Price & Load Forecasting Forum 13-14 June Tim Buber

Berlin, June 14, 2013 2nd Annual Electricity Price & Load Forecasting Forum 13-14 June Tim Buber Merit Order of Energy Storages by 2030 The Impact of Storage Technologies and Market Regulation on Future Electricity Prices and the Value of Flexibility Berlin, June 14, 2013 2nd Annual Electricity Price

More information

FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE

FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE Power generation from renewable energy in Germany assessment of 2015 Prof. Dr. Bruno Burger Fraunhofer Institute for Solar Energy Systems ISE Freiburg,

More information

Volatility, risk and risk premium in German and Continental power markets

Volatility, risk and risk premium in German and Continental power markets Volatility, risk and risk premium in German and Continental power markets Stefan Judisch / Andree Stracke RWE Supply & Trading GmbH 22 nd January 2015 RWE Supply & Trading PAGE 0 Agenda 1. What are the

More information

Short-term solar energy forecasting for network stability

Short-term solar energy forecasting for network stability Short-term solar energy forecasting for network stability Dependable Systems and Software Saarland University Germany What is this talk about? Photovoltaic energy production is an important part of the

More information

Enlarged Wind Power Statistics 2010 including Denmark, Germany, Ireland and Great Britain

Enlarged Wind Power Statistics 2010 including Denmark, Germany, Ireland and Great Britain 1 Enlarged Wind Power Statistics 2010 including Denmark, Germany, Ireland and Great Britain Background This work is based on hourly time series for wind power output in Denmark, Germany, Ireland and Great

More information

Power market integration. Geir-Arne Mo Team Lead Nordic Spot Trading Bergen Energi AS

Power market integration. Geir-Arne Mo Team Lead Nordic Spot Trading Bergen Energi AS Power market integration Geir-Arne Mo Team Lead Nordic Spot Trading Bergen Energi AS 1 Geir-Arne Mo Some background information: Working for Bergen Energi since 2015 Team Lead Nordic Spot Trading I work

More information

Electricity Prices Panel

Electricity Prices Panel Electricity Prices Panel Presentation to CCRE Roundtable Hockley Valley March 27, 214 Amir Shalaby, Vice President, Power System Planning March 27, 214 Today s Journey to Residential Bills Part I: Electricity

More information

DESCRIPTION OF EPEX SPOT MARKETS INDICES

DESCRIPTION OF EPEX SPOT MARKETS INDICES DESCRIPTION OF EPEX SPOT MARKETS INDICES Updated on October 2015 SUMMARY 1 ABOUT... 3 2 DAY-AHEAD AUCTION INDICES... 4 2.1 European Electricity Index (ELIX)... 4 2.2 German/Austrian Physical Electricity

More information

The Norwegian Power System

The Norwegian Power System The Norwegian Power System Presentation for Energy Science week, Tokyo 2015 Prof. Olav B. Fosso Director of the Energy Strategic Research Area NTNU Email: olav.fosso@ntnu.no Web: http://www.ntnu.edu/energy

More information

Reasons for the drop of Swedish electricity prices

Reasons for the drop of Swedish electricity prices Reasons for the drop of Swedish electricity prices Project for Svensk Energi Dr. Lion Hirth Neon Neue Energieökonomik GmbH Karl-Marx-Platz 12, 12043 Berlin, Germany hirth@neon-energie.de Summary report

More information

Summary results Elia Febeliec EnergyVille Demand Response Survey

Summary results Elia Febeliec EnergyVille Demand Response Survey Elia Febeliec EnergyVille Demand Response Survey EnergyVille is an International Applied Research Centre for Advanced Energy Technology, a cooperation between VITO, KULeuven and IMEC. http://www.energyville.be

More information

Design and Operation of Power Systems with Large Amounts of Wind Power, first results of IEA collaboration

Design and Operation of Power Systems with Large Amounts of Wind Power, first results of IEA collaboration Design and Operation of Power Systems with Large Amounts of Wind Power, first results of IEA collaboration H. Holttinen, P. Meibom, A. Orths, F. Van Hulle, C. Ensslin, L. Hofmann, J. McCann, J. Pierik,

More information

The Liberalized Electricity Market

The Liberalized Electricity Market 1. The market When the electricity market is liberalized, electricity becomes a commodity like, for instance, grain or oil. At the outset, there is as in all other markets a wholesale market and a retail

More information

Energy Infrastructure Day. Why does a consultant become shareholder of a Power-to-Gas company? Hans Poser, Munich, 6 November 2014

Energy Infrastructure Day. Why does a consultant become shareholder of a Power-to-Gas company? Hans Poser, Munich, 6 November 2014 Energy Infrastructure Day Why does a consultant become shareholder of a Power-to-Gas company? Hans Poser, Munich, 6 November 2014 Average wind and PV production will be close to average demand around noon

More information

GLOSSARY. Issued by Nord Pool Spot

GLOSSARY. Issued by Nord Pool Spot GLOSSARY Issued by Nord Pool Spot Date: September 29, 2011 Glossary Nord Pool Spot Area Price Balancing market Bidding area Bilateral contract Block bid Whenever there are grid congestions, the Elspot

More information

Integrating End-User and Grid Focused Batteries and Long-Term Power-to-Gas Storage for Reaching a 100 % Renewable Energy Supply

Integrating End-User and Grid Focused Batteries and Long-Term Power-to-Gas Storage for Reaching a 100 % Renewable Energy Supply Integrating End-User and Grid Focused Batteries and Long-Term Power-to-Gas Storage for Reaching a 100 % Renewable Energy Supply M. Hlusiak, Ch. Breyer 7 th International Renewable Energy Storage Conference

More information

Fortum a leading power and heat company in the Nordic area

Fortum a leading power and heat company in the Nordic area Fortum a leading power and heat company in the Nordic area Mikael Lilius President and CEO Fortum Corporation Finnish Blue Chip Seminar - Enskilda September 4, 2008 Helsinki Strong financials and share

More information

ESC Project: INMES Integrated model of the energy system

ESC Project: INMES Integrated model of the energy system ESC Project: INMES Integrated model of the energy system Frontiers in Energy Research, March, 2015 Dr. Pedro Crespo Del Granado Energy Science Center, ETH Zürich ESC 19/03/2015 1 Presentation outline 1.

More information

CONTRACTEREN VAN ENERGIE EN DE MOGELIJKHEDEN TOT KOSTENREDUCTIE

CONTRACTEREN VAN ENERGIE EN DE MOGELIJKHEDEN TOT KOSTENREDUCTIE VOKA - SUMMER SCHOOL SMART GRIDS FLANDERS CONTRACTEREN VAN ENERGIE EN DE MOGELIJKHEDEN TOT KOSTENREDUCTIE Lieven Bloeyaert info@3e.eu www.3e.eu 15 YEARS EXPERIENCE IN 4 SECTORS Who we are 2 STRENGTH OF

More information

Statistical Survey 2012

Statistical Survey 2012 1 Wind Power in Denmark, Germany, Ireland, Great Britain, France and Spain Preface This text supplements Wind Power and Spot Prices: German and Danish Experience 2006-2008 1 and Statistical Surveys 2009

More information

Swedish electricity certificate system

Swedish electricity certificate system Energikontor Sydost AB Framtidsvägen 10 A 351 96 Växjö +46 (0) 455 30 32 24 +46 (0) 766 20 92 47 lennart.tyrberg@energikontorsydost@se www.energikonotorsydost.se Swedish electricity certificate system

More information

Merit Order of Energy Storages by 2030 The Impact of Technological Megatrends on Future Electricity Prices. Berlin, November 27, 2012

Merit Order of Energy Storages by 2030 The Impact of Technological Megatrends on Future Electricity Prices. Berlin, November 27, 2012 Merit Order of Energy Storages by 2030 The Impact of Technological Megatrends on Future Electricity Prices Berlin, November 27, 2012 1 Agenda Project Structure The Concept of the Functional Energy Storage

More information

Demand Response Market Overview. Glossary of Demand Response Services

Demand Response Market Overview. Glossary of Demand Response Services Demand Response Market Overview Glossary of Demand Response Services Open Energi has partnered with Tarmac to provide Demand Response What s inside... Market Overview Balancing Electricity Supply and Demand

More information

The Norwegian-Swedish Electricity Certificate Market ANNUAL REPORT 2013

The Norwegian-Swedish Electricity Certificate Market ANNUAL REPORT 2013 The Norwegian-Swedish Electricity Certificate Market ANNUAL REPORT 2013 2 Contents Preface 3 The Nordic electricity market 5 Key figures for 2013 6 How the electricity certificate market works 7 Goal fulfilment

More information

INVESTING IN A TRANSITIONING SECTOR

INVESTING IN A TRANSITIONING SECTOR INVESTING IN A TRANSITIONING SECTOR Eurelectric conference Jon Moore, CEO NEW INVESTMENT IN CLEAN ENERGY 24-14 ($BN) 32% 17% $318bn -7% $294bn 16% -9% $31bn.5% $272bn $268bn 17% 46% 36% $175bn $25bn $26bn

More information

GERMAN ENERGY TRANSITION: BEST PRACTICES IN SECURING A RELIABLE AND EFFICIENT ENERGY SUPPLY AND SEIZING NEW MARKET OPPORTUNITIES

GERMAN ENERGY TRANSITION: BEST PRACTICES IN SECURING A RELIABLE AND EFFICIENT ENERGY SUPPLY AND SEIZING NEW MARKET OPPORTUNITIES GERMAN ENERGY TRANSITION: BEST PRACTICES IN SECURING A RELIABLE AND EFFICIENT ENERGY SUPPLY AND SEIZING NEW MARKET OPPORTUNITIES DIRK VAHLAND / ENERGY MANAGEMENT OVERVIEW 1 German energy transition 2 Negative

More information

Contracts for Difference - the new support regime for low carbon generation

Contracts for Difference - the new support regime for low carbon generation Contracts for Difference - the new support regime for low carbon generation James Taylor Raj Bavishi 11 November 2014 UK Incentive Regimes Small scale Feed in Tariffs and the Renewables Obligations have

More information

FINDING YOUR CHEAPEST WAY TO A LOW CARBON FUTURE. The Danish Levelized Cost of Energy Calculator

FINDING YOUR CHEAPEST WAY TO A LOW CARBON FUTURE. The Danish Levelized Cost of Energy Calculator FINDING YOUR CHEAPEST WAY TO A LOW CARBON FUTURE The Danish Levelized Cost of Energy Calculator Low carbon transition is a multifaceted challenge involving political, technical and economic elements. Denmark

More information

Concepts and Experiences with Capacity Mechanisms

Concepts and Experiences with Capacity Mechanisms Concepts and Experiences with Capacity Mechanisms Manuel Baritaud, International Energy Agency Conference Capacity Mechanisms: Experiences in Various European Countries Bundesministerium fur Wirtschaft

More information

STENSEA. Stored Energy in Sea. The Feasibility of an Underwater Pumped Hydro Storage System. Dr. Andreas Garg Christoph Lay Robert Füllmann

STENSEA. Stored Energy in Sea. The Feasibility of an Underwater Pumped Hydro Storage System. Dr. Andreas Garg Christoph Lay Robert Füllmann STENSEA Stored Energy in Sea The Feasibility of an Underwater Pumped Hydro Storage System Presentation IRES, 12 November 2012 Dr. Andreas Garg Christoph Lay Robert Füllmann 1 Market Status Quo and Forecasts

More information

Customer Bill Impacts of Generation Sources in Ontario. Canadian Wind Energy Association

Customer Bill Impacts of Generation Sources in Ontario. Canadian Wind Energy Association Customer Bill Impacts of Generation Sources in Ontario Prepared for: Canadian Wind Energy Association February 15, 2013 poweradvisoryllc.com 978 369-2465 Table of Contents Executive Summary... i 1. Introduction

More information

The Nordic Electricity Exchange and The Nordic Model for a Liberalized Electricity Market

The Nordic Electricity Exchange and The Nordic Model for a Liberalized Electricity Market The Nordic Electricity Exchange and The Nordic Model for a Liberalized Electricity Market 1 The market When the electricity market is liberalized, electricity becomes a commodity like, for instance, grain

More information

Your guide to electricity pricing in Ontario

Your guide to electricity pricing in Ontario Your guide to electricity pricing in Ontario A guide designed to help you understand and decipher the components of your electricity bill for your Ontario-based commercial or manufacturing business. -

More information

REDUCING ENERGY CONSUMPTION AND PEAK POWER IN BELGIUM

REDUCING ENERGY CONSUMPTION AND PEAK POWER IN BELGIUM REDUCING ENERGY CONSUMPTION AND PEAK POWER IN BELGIUM With the support of: info@3e.eu www.3e.eu PRESENTATION CONTENT Outline Objective Background Energy efficiency: examples in 3 sectors Residential: electric

More information

Market Coupling: a method with implicit advantages. B. Den Ouden CEO, Amsterdam Power Exchange Spotmarket BV (APX)

Market Coupling: a method with implicit advantages. B. Den Ouden CEO, Amsterdam Power Exchange Spotmarket BV (APX) Market Coupling: a method with implicit advantages B. Den Ouden CEO, Amsterdam Power Exchange Spotmarket BV (APX) Daily spot market Prijs Vraag Aanbod Conditional bids marktprijs 24x + blocks: Daily program

More information

Simulation of parabolic trough concentrating solar power plants in North Africa

Simulation of parabolic trough concentrating solar power plants in North Africa Simulation of parabolic trough concentrating solar power plants in North Africa And its contribution to a 100% renewable energy supply for Germany in 2050 BY: Daniel Horst Outline Simulation program CSP

More information

Power-to-Gas: Technology and Business Model Progress Presentation to the IPHE Workshop

Power-to-Gas: Technology and Business Model Progress Presentation to the IPHE Workshop Power-to-Gas: Technology and Business Model Progress Presentation to the IPHE Workshop Daryl Wilson Chief Executive Officer Hydrogenics Corporation 1 Technology & Business Model Progress The Key Points

More information

Natural Gas and Electricity Coordination Experiences and Challenges

Natural Gas and Electricity Coordination Experiences and Challenges 1 Natural Gas and Electricity Coordination Experiences and Challenges Challenges Facing the New England Power System Gordon van Welie, President and CEO, ISO New England 2015 IEEE Power & Energy Society

More information

FLEXIBLE FUEL USE IN RENEWABLE THERMAL SYSTEMS - OPPORTUNITIES AND COSTS

FLEXIBLE FUEL USE IN RENEWABLE THERMAL SYSTEMS - OPPORTUNITIES AND COSTS FLEXIBLE FUEL USE IN RENEWABLE THERMAL SYSTEMS - OPPORTUNITIES AND COSTS Monica Havskjold, Erik Trømborg (presenting author), Torjus Folsland Bolkesjø og Åsa Grytli Tveten RERC Session Renewable Energy

More information

Contracts for Difference Round Guidance

Contracts for Difference Round Guidance 30th June 2014 Contracts for Difference Round Guidance Contracts for Difference Allocation Round 1 2014 CFD Round Guidance 3 rd October 2014 National Grid Delivery Body Page 1 CFD Allocation Round Guidance

More information

Danish Energy Model RE Policy Tools MAIN Asian Dialog, Bali January 20-22 2014. Mr. Henrik Breum Special Advisor

Danish Energy Model RE Policy Tools MAIN Asian Dialog, Bali January 20-22 2014. Mr. Henrik Breum Special Advisor Danish Energy Model RE Policy Tools MAIN Asian Dialog, Bali January 20-22 2014 Mr. Henrik Breum Special Advisor Agenda Danish Energy Model RE Policy Tools Introduction The Danish Energy Model Past, now

More information

The Real Cost of Electrical Energy. Outline of Presentation

The Real Cost of Electrical Energy. Outline of Presentation 2 Outline of Presentation Data Sources Electricity Demand and Supply Cost to Meet Demand Profile Electricity Pricing Cost Impact of Dispatching Generation (Load Following) Simplifying Assumptions Electricity

More information

Generation Expansion Planning under Wide-Scale RES Energy Penetration

Generation Expansion Planning under Wide-Scale RES Energy Penetration CENTRE FOR RENEWABLE ENERGY SOURCES AND SAVING Generation Expansion Planning under Wide-Scale RES Energy Penetration K. Tigas, J. Mantzaris, G. Giannakidis, C. Nakos, N. Sakellaridis Energy Systems Analysis

More information

Procurement Category: Energy. Energy Market Forces: Friend or Foe?

Procurement Category: Energy. Energy Market Forces: Friend or Foe? Procurement Category: Energy Energy Market Forces: Friend or Foe? As dynamic energy pricing becomes more prevalent in the industry, multi-site organizations are presented with new challenges, as well as

More information

Power to Gas - an economic approach?

Power to Gas - an economic approach? Power to Gas - an economic approach? Manfred Waidhas, Siemens AG,, 91058 Erlangen DPG Conference, Berlin, March 17, 2015. Unrestricted / Siemens AG 2015. All Rights Reserved. Integration of renewable energy...will

More information

Progress'with'the'UK'Electricity' Market'Reform'(EMR) :

Progress'with'the'UK'Electricity' Market'Reform'(EMR) : Progress'with'the'UK'Electricity' Market'Reform'(EMR) : Prof.&Michael&Pollitt& Cambridge*Judge*Business*School* & CEEP& Beijing&Institute&of&Technology& 12&May&2015& Outline: Introduction&and&background&

More information

Energinet.dk and the Danish Energy System

Energinet.dk and the Danish Energy System Energinet.dk and the Danish Energy System South African delegation Fredericia, 22 October 2015 Peter Jørgensen, Vice President 22 October 2015 Energinet.dk and the Danish Energy System 1 Agenda Introduction

More information

27 March 2013. Benchmarking study of electricity prices between Belgium and neighbouring countries

27 March 2013. Benchmarking study of electricity prices between Belgium and neighbouring countries 27 March Benchmarking study of electricity prices between Belgium and neighbouring countries Table of contents Foreword 1 Executive summary 2 About this study 8 Methodology 8 General overview 8 Specific

More information

Glossary of Terms Avoided Cost - Backfeed - Backup Generator - Backup Power - Base Rate or Fixed Charge Baseload Generation (Baseload Plant) -

Glossary of Terms Avoided Cost - Backfeed - Backup Generator - Backup Power - Base Rate or Fixed Charge Baseload Generation (Baseload Plant) - Glossary of Terms Avoided Cost - The incremental cost Flint Energies would pay for the next kilowatt-hour of power in the open marketplace for energy. Flint Energies Board of Directors sets this Avoided

More information

Implementation. Senior Expert Bioenergy

Implementation. Senior Expert Bioenergy Development of Renewable Energy Implementation in the Netherlands Kees Kwant Senior Expert Bioenergy 1 Governmental Plan 18 Sept 2007 2% efficiency/year i improvement More power from coal, but clean, CCS

More information

This seeks to define Contracts for Difference (CfDs) and their relevance to energy related development in Copeland.

This seeks to define Contracts for Difference (CfDs) and their relevance to energy related development in Copeland. Contracts for Difference and Electricity Market Reform LEAD OFFICER: REPORT AUTHOR: John Groves Denice Gallen Summary and Recommendation: This seeks to define Contracts for Difference (CfDs) and their

More information

Current and expected contribution of RES-E in NA countries

Current and expected contribution of RES-E in NA countries Arab Republic of Egypt Ministry of Electricity & Energy New & Renewable Energy Authority (NREA) Current and expected contribution of RES-E in NA countries Ehab Ismail Ameen General Manager of Planning

More information

Recent developments of feed-in systems in the EU A research paper for the International Feed-In Cooperation

Recent developments of feed-in systems in the EU A research paper for the International Feed-In Cooperation 1 Recent developments of feed-in systems in the EU A research paper for the International Feed-In Cooperation January 2012 A report commissioned by the Ministry for the Environment, Nature Conservation

More information

China s Future Generation Assessing the Maximum Potential for Renewable Power Sources in China to 2050 REPORT FEBRUARY

China s Future Generation Assessing the Maximum Potential for Renewable Power Sources in China to 2050 REPORT FEBRUARY REPORT FEBRUARY 2014 China s Future Generation Assessing the Maximum Potential for Renewable Power Sources in China to 2050 William Chandler, Chen Shiping, Holly Gwin, Lin Ruosida, Wang Yanjia Entri about

More information

Emerging market for Green Certificates

Emerging market for Green Certificates Emerging market for Green Certificates Dr Marianne OSTERKORN, Director of REEEP Dr Xavier LEMAIRE, SERN/REEEP CONTENT 1. What is a certificate system? 2. How certificates system works 3. What are the benefits

More information

Renewable Electricity in California in September 2015

Renewable Electricity in California in September 2015 Renewables International. www.renewablesinternational.net Renewable Electricity in California in September 2015 Bernard CHABOT Renewable Energy Expert and Trainer E-mail: Bernard_Chabot@yahoo.fr 1 Summary

More information

Germany. Key issues. 1. General overview

Germany. Key issues. 1. General overview Germany Key issues High volumes of renewables have changed the way the electricity market in Germany operates. In 2012 direct marketing increased, in particular in onshore wind, due to a change of the

More information

RENEWABLE ENERGY DEVELOPMENT IN LITHUANIA ACHIEVEMENTS AND DRAWBACKS

RENEWABLE ENERGY DEVELOPMENT IN LITHUANIA ACHIEVEMENTS AND DRAWBACKS RENEWABLE ENERGY DEVELOPMENT IN LITHUANIA ACHIEVEMENTS AND DRAWBACKS Ieva Kuodė Ministry of Energy of the Republic of Lithuania SOLINVEST 2015-06-02 RES TARGETS BY 2020 23% the share of energy from renewable

More information

Adapting Gas-Power Generation to New Role in Low-Carbon Energy Systems

Adapting Gas-Power Generation to New Role in Low-Carbon Energy Systems Adapting Gas-Power Generation to New Role in Low-Carbon Energy Systems Sandra Scalari Enel Ingegneria e Ricerca SpA Copenhagen, May 27-28 th 2014 Enel Presentation Generation Shift & Market in Europe Enel

More information

Microgrids and their destructuring effects on the electrical industry. Prof. Damien Ernst University of Liège May 2014

Microgrids and their destructuring effects on the electrical industry. Prof. Damien Ernst University of Liège May 2014 Microgrids and their destructuring effects on the electrical industry Prof. Damien Ernst University of Liège May 2014 1 Microgrid: what is it? A microgrid is an electrical system that includes one or multiple

More information

Economic Loss. IEW, 19 June 2013. Institute of Economic Studies Charles University in Prague, Czech Republic. Economic Loss

Economic Loss. IEW, 19 June 2013. Institute of Economic Studies Charles University in Prague, Czech Republic. Economic Loss Institute of Economic Studies Charles University in Prague, Czech Republic IEW, 19 June 2013 Research topic Research question How much money was lost in Czech PV subsidies? (The cost of decreasing CO2

More information

Ubiquitous Computing in Business Processes Part V

Ubiquitous Computing in Business Processes Part V Ubiquitous Computing in Business Processes Part V Prof. Dr. Lutz Heuser AGT Germany Prof. Dr. Zoltán Nochta SAP AG Darmstadt January 16, 2015 Outline 1. Smart Grids and Energy Management Overview Common

More information

FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE

FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE Electricity production from solar and wind in Germany in 2011 Prof. Dr. Bruno Burger aunhofer Institute for Solar Energy Systems ISE eiburg, Germany August

More information

RENEWABLE ENERGY INFEED R Herman, M Malengret and CT Gaunt University of Cape Town, South Africa

RENEWABLE ENERGY INFEED R Herman, M Malengret and CT Gaunt University of Cape Town, South Africa RENEWABLE ENERGY INFEED R Herman, M Malengret and CT Gaunt University of Cape Town, South Africa Technology and tariffs for renewable energy in-feed at LV and MV Ron Herman : Performance of LV feeders

More information

Germany Energy efficiency report

Germany Energy efficiency report Germany Energy efficiency report Objectives: 231 TWh of end-user energy savings by 216 Overview 29 2-29 (% / year) Primary intensity (EU=1) 1 99 + -1.3% - CO 2 intensity (EU=1) 16 - -1.6% - CO 2 emissions

More information

Disclaimer: All costs contained within this report are indicative and based on latest market information. 16 th March 2015

Disclaimer: All costs contained within this report are indicative and based on latest market information. 16 th March 2015 Disclaimer: All costs contained within this report are indicative and based on latest market information 16 th March 2015 FD SUMMARY The make up of the electricity bill is changing, with non-commodity

More information

Wind Power and District Heating

Wind Power and District Heating 1 Wind Power and District Heating New business opportunity for CHP systems: sale of balancing services Executive summary - Both wind power and Combined Heat and Power (CHP) can reduce the consumption of

More information

Curtailment of renewables and its impact on NTC and storage capacities in 2030

Curtailment of renewables and its impact on NTC and storage capacities in 2030 Fakultät für Wirtschaftswissenschaften, Lehrstuhl für Energiewirtschaft, Prof. Dr. Möst Curtailment of renewables and its impact on NTC and storage capacities in 2030 www.ee2.biz, David Gunkel, Dominik

More information

OBSTACLES TO GREEN ELECTRICITY GENERATION BUSINESS

OBSTACLES TO GREEN ELECTRICITY GENERATION BUSINESS OBSTACLES TO GREEN ELECTRICITY GENERATION BUSINESS Arta Denina¹, Janis Zvanitajs² Riga Technical University Faculty of Engineering and Management Meza str. 1/7, Riga, LV-1048, Latvia E-mail: ¹arta.denina@gmail.com,

More information

FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE

FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE Electricity production from solar and wind in Germany in 2014 Prof. Dr. Bruno Burger aunhofer Institute for Solar Energy Systems ISE eiburg, Germany December

More information

Comparison of Renewable Portfolio Standards (RPS) Programs in PJM States

Comparison of Renewable Portfolio Standards (RPS) Programs in PJM States Regulation or Legislation Geographic Eligibility Reporting Period Banking Credit Multipliers Technology - Specific (set asides) NJ MD DC PA DE HB 1308 / SB 869 (2004) Bill 15-747 (4/12/2005) SB 1030/Act

More information

A vision of sustainable energy future: A multi-energy concept of smart energy systems Central European Student and Young Professionals Congress

A vision of sustainable energy future: A multi-energy concept of smart energy systems Central European Student and Young Professionals Congress A vision of sustainable energy future: A multi-energy concept of smart energy systems Central European Student and Young Professionals Congress Tomislav Capuder, PhD Faculty of Electrical Engineering and

More information

2010 STATE OF THE MARKET REPORT

2010 STATE OF THE MARKET REPORT 2010 STATE OF THE MARKET REPORT FOR THE ERCOT WHOLESALE ELECTRICITY MARKETS POTOMAC ECONOMICS, LTD. Independent Market Monitor for the ERCOT Wholesale Market August 2011 TABLE OF CONTENTS Executive Summary...

More information

The energy transition in the power sector: State of affairs 2015

The energy transition in the power sector: State of affairs 2015 The energy transition in the power sector: State of affairs 2015 Review of major developments in Germany Patrick Graichen, Mara Marthe Kleiner, Christoph Podewils BERLIN, 7 JANUARY 2016 Key Findings 1

More information

Energy [R]evolution vs. IEA World Energy Outlook scenario

Energy [R]evolution vs. IEA World Energy Outlook scenario Energy [R]evolution vs. IEA World Energy Outlook scenario New set of scenarios takes climate crisis into account World Energy Outlook (WEO) 2008 for the first time takes the climate crisis really into

More information

LEVELIZED COST OF ENERGY LCoE CALCULATOR

LEVELIZED COST OF ENERGY LCoE CALCULATOR Dec, 2015 LEVELIZED COST OF ENERGY LCoE CALCULATOR METHODOLOGY, ASSUMPTIONS AND GUIDELINES Contents 1 Foreword...4 2 Introduction and summary...5 3 Methodology and assumptions...9 3.1 Technology data...

More information

Vattenfall Full Year 2013 results

Vattenfall Full Year 2013 results Vattenfall Full Year 2013 results Øystein Løseth, CEO and Ingrid Bonde, CFO Press conference, 4 February 2014 2013 Highlights Net sales increased 2.6% to SEK 172bn (167) Underlying EBIT increased 1.3%

More information

MANITOBA [IYDRO. Corporate Risk Management Middle Office Report Sept 2009

MANITOBA [IYDRO. Corporate Risk Management Middle Office Report Sept 2009 MANITOBA [IYDRO Corporate Risk Management Middle Office Report Sept 2009 A. Credit On-going review and advisory support continued to be provided to PS&O (Power Sales and Operations) credit function to

More information

Brazilian Smart Grid: Regulatory Issues and R&D Projects

Brazilian Smart Grid: Regulatory Issues and R&D Projects Brazilian Smart Grid: Regulatory Issues and R&D Projects André Pepitone da Nóbrega Director Brussels, Belgium June 18th, 2012 Brazilian Electric Power Highlights Source: BIG/ANEEL Apr/2012, PDE 2020 Facilities

More information

6 Oktober 2010... KIVI Niria congres Offshore Wind De uitdaging. Eneco wind. Ernst van Zuijlen

6 Oktober 2010... KIVI Niria congres Offshore Wind De uitdaging. Eneco wind. Ernst van Zuijlen 6 Oktober 2010... KIVI Niria congres Offshore Wind De uitdaging Eneco wind Ernst van Zuijlen Eneco Targets... Maximise the use of renewable energy 2012: 25% of electricity produced sustainable (50% wind)

More information

Grid Integration Challenges of Renewable Energy Sources and Prospective Solutions. Andreas Ulbig Power Systems Laboratory ETH Zurich, Switzerland

Grid Integration Challenges of Renewable Energy Sources and Prospective Solutions. Andreas Ulbig Power Systems Laboratory ETH Zurich, Switzerland Grid Integration Challenges of Renewable Energy Sources and Prospective Solutions Andreas Ulbig Power Systems Laboratory ETH Zurich, Switzerland Frontiers in Energy Research, ETH Zurich, 30 October 2013

More information

4. Comparison with DECC (2014) Estimated impacts of energy and climate change policies on energy prices and bills

4. Comparison with DECC (2014) Estimated impacts of energy and climate change policies on energy prices and bills Energy prices and bills - supplementary tables Contents: 1. Energy prices and bills 2. Assumptions 3. Scenarios to 2030 4. Comparison with DECC (2014) Estimated impacts of energy and climate change policies

More information

EPEX SPOT reaches in 2015 the highest spot power exchange volume ever

EPEX SPOT reaches in 2015 the highest spot power exchange volume ever PRESS RELEASE EPEX SPOT reaches in 2015 the highest spot power exchange volume ever New, integrated exchange reaches a total of 566 TWh traded, up by 19% UK and France power markets flourish, reaching

More information

Convegno nazionale di apertura 2014 IL FOTOVOLTAICO IN ITALIA ALLA SFIDA DEL MERCATO: NUOVI BUSINESS MODEL PER L ERA DELLA GRID PARITY

Convegno nazionale di apertura 2014 IL FOTOVOLTAICO IN ITALIA ALLA SFIDA DEL MERCATO: NUOVI BUSINESS MODEL PER L ERA DELLA GRID PARITY Convegno nazionale di apertura 2014 IL FOTOVOLTAICO IN ITALIA ALLA SFIDA DEL MERCATO: NUOVI BUSINESS MODEL PER L ERA DELLA GRID PARITY Fiera Milano 7 maggio 2014 New business models for the PV industry

More information

We Need for Electricity Markets?

We Need for Electricity Markets? How Much European Regulation Do We Need for Electricity Markets? Brüssel, 06 March 2013 Professor Dr. Justus Haucap Heinrich-Heine University of Düsseldorf 1 The German Energiewende Tsunami in Japan on

More information

Wind and solar reducing consumer bills An investigation into the Merit Order Effect

Wind and solar reducing consumer bills An investigation into the Merit Order Effect Switch for Good Wind and solar reducing consumer bills An investigation into the Merit Order Effect Executive summary Concerns over the cost of renewable subsidy schemes have led to significant policy

More information

1: Levelized Cost of Energy Calculation. Methodology and Sensitivity

1: Levelized Cost of Energy Calculation. Methodology and Sensitivity 1: Levelized Cost of Energy Calculation Methodology and Sensitivity What is LCOE? Levelized Cost of Energy (LCOE) is the constant unit cost (per kwh or MWh) of a payment stream that has the same present

More information

Analysis of the EU Renewable Directive by a TIMES-Norway

Analysis of the EU Renewable Directive by a TIMES-Norway Analysis of the EU Renewable Directive by a TIMES-Norway NorRen Summer School Arne Lind Institute for Energy Technology 07.08.2012 Outline The EU Renewable Directive (RES) Definition Targets Implications

More information

Contents. Wind power sector facts. Growth drivers. Immediate challenges. Innovative and global response

Contents. Wind power sector facts. Growth drivers. Immediate challenges. Innovative and global response Wind power sector 'Keys to competitiveness on the international stage ESADE-Deloitte Jorge Calvet, Chairman of Gamesa Madrid, 1 July 2010 Contents 5 5 5 1 Wind power sector facts Growth drivers Immediate

More information

Germany's energy transition: Status quo and Challenges.

Germany's energy transition: Status quo and Challenges. Ulrich Benterbusch Germany's energy transition: Status quo and Challenges. 2 nd Session Group of Experts on Renewable Energy, UNECE, Geneva 1 Agenda. Energy transition: Status quo and official goals. German

More information

FACT SHEET. NEM fast facts:

FACT SHEET. NEM fast facts: (NEM) operates on one of the world s longest interconnected power systems, stretching from Port Douglas in Queensland to Port Lincoln in South Australia and across the Bass Strait to Tasmania a distance

More information

Study on flexibility in the Dutch and NW European power market in 2020

Study on flexibility in the Dutch and NW European power market in 2020 Study on flexibility in the Dutch and NW European power market in 2020 A REPORT PREPARED FOR ENERGIENED April 2010 Frontier Economics Ltd, London. April 2010 Frontier Economics i Study on flexibility

More information

Wind Cluster Management for Grid Integration of Large Wind Power

Wind Cluster Management for Grid Integration of Large Wind Power 1 Wind Cluster Management for Grid Integration of Large Wind Power B. Lange, M. Wolff, R. Mackensen, K. Rohrig German-Egyptian Symposium Wind Energy and Integration Overview 2 Challenges for the Integration

More information

SCALE ENERGY STORAGE SYSTEMS

SCALE ENERGY STORAGE SYSTEMS Course on Integrating Renewable Energy Sources into Emerging Electric Power Systems (16-20 May, 2011) IIT Mandi LARGE SCALE ENERGY STORAGE SYSTEMS By : Dr. R.P. Saini Associate Professor Alternate Hydro

More information

OUTLOOK FOR NATURAL GAS IN EUROPE

OUTLOOK FOR NATURAL GAS IN EUROPE 6th German-Norwegian Energy Conference OUTLOOK FOR NATURAL GAS IN EUROPE Dr. Berit Tennbakk, Partner, RETROSPECT FALLING AND CONVERGING GAS PRICES HISTORICAL DEVELOPMENT MAIN DRIVERS Financial crisis Fukushima

More information

GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 2013

GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 2013 GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 213 FACT PACK GUY TURNER HEAD OF ECONOMICS AND COMMODITIES APRIL 26, 213 GLOBAL RENEWABLE ENERGY MARKET OUTLOOK, 26 APRIL 213 1 INTRODUCTION This year s Global Renewable

More information

Skyrocketing Electricity Cost in Denmark

Skyrocketing Electricity Cost in Denmark 1 Skyrocketing Electricity Cost in Denmark There is a lot of evidence that electricity for households is more expensive in Denmark than anywhere else in the EU. However, most of the household price is

More information

HYDROPOWER AND POWER-TO-GAS STORAGE OPTIONS: THE BRAZILIAN ENERGY SYSTEM CASE

HYDROPOWER AND POWER-TO-GAS STORAGE OPTIONS: THE BRAZILIAN ENERGY SYSTEM CASE HYDROPOWER AND POWER-TO-GAS STORAGE OPTIONS: THE BRAZILIAN ENERGY SYSTEM CASE Larissa de S.N.S. Barbosa1,2, Javier Farfan Orozco3, Dmitrii Bogdanov3, Pasi Vainikka2, Christian Breyer3 1University of São

More information

Technical challenges and R&D in the field of electricity supply systems

Technical challenges and R&D in the field of electricity supply systems Technical challenges and R&D in the field of Scientific officer of Projektträger Jülich at the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) Alexander.Folz@bmu.bund.de

More information