Private-Public-Partnership for the Austrian green electricity promotion system

Transcription

1 Green Electricity Clearing & Settlement Company Private-Public-Partnership for the Austrian green electricity promotion system Responsible for implementation & handling of the system in accordance with the Austrian renewable electricity law Horst Brandlmaier Executive Director

2 Introduction statement Preliminary remarks/statements: Many experts consider the promotion of renewable electricity production by feed-in tariffs as more efficient than for example investment grants (common perception). Reasons Investors are less exposed to price volatility of the market (especially wind-, sun- or hydro power, less valid for biomass power plants) Investors have more investment reliability and can set up more confident business plans (pay back rate can be planned more reliable) Creditors or donors have more confidence in the creditworthiness of their debtors Reliable, less speculative framework for investments more effect! Promotion systems for renewable electricity power plants based on feed-in tariffs, are quite complicated to handle. Somebody has to take the risk of balance energy, handle the daily forecast and the clearing of the load-flows, run a huge billing system and report to the stakeholders. Investors (applicants) or public administration are not able to handle this, therefore a independent and reliable institution has to take this task (under supervision of the ministry and the regulator PPP-Model)

3 o before 1998 o o History & Development of the Austrian renewable energy promotion system Before liberalisation of the electricity market Many different conveying/subsidising systems each province/land 1998 ElWOG Act that liberalised the Austrian electricity market, according to the EU-guidelines 47 ElWOG still allowed the local province-governments to implement their own renewable energy subsidising systems Subsidising system = feed-in tariffs (Swizerland, Germany, Austria, SEE-region...) 2002 National law promoting renewable electricity (ÖSG) Targets of the act: Harmonisation of 9 promotion system, continuity, cost effectivness and raising RE-production up to 78,1% According to the Renewable Energy Directive 2001/77/EG (EE-RL) and according to the Kyoto protocol Target: Increasing the RE rate from 70% to 78,1%, based on 56 TWh national consumption monitoring reports to the commission The promotion system was handled by the 3 TSO s (Verbund-APG, TIWAG, VKW) operating as clearing-companies in each control area

4 History & Development of the Austrian renewable energy promotion system o 2006 Amendment of the renewable electricity act OeMAG was appointed after a tender, to be the authorised green electricity trader and legal successor of the 3 TSO s (Verbund-APG, TIWAG, VKW). The colums of the law: Contracting obligation and obligation to pay the produced and fed in electricity of accepted renewable energy plants fixed feed-in tariffs Right of OeMAG to distribute the energy to the electricity traders (proportional to the energy consumption) also fixed prices Co financed by fees for metering points (according to the grid level) New: Cap for new power plants contingent for applications o 2007 Small amendment of the renewable electricity act Only repairing some sections/articles o 2008 Amendment of the renewable electricity act The law is not yet notified by the EU-Commission. The new renewable energy directive (EE-RL, in construction) is not yet considered

5 Incorporation and licensing OeMAG was established in 2006 The concession for handling the renewable electricity in Austria was given by the ministry at the end of September 2006, start October 2006 The contract for handling the investment grants for combined heat & power and middle hydro plants was given by the ministry in October 2007 Some economic key figures Total turnover in 2007: 658 Mio; in 2008 und 680 Mio Total of the balance sheet 2008: 147 Mio Administration volume between and plants, approximately 1000 different feed-in tariffs and many different calculation systems

6 Central duties & responsibilities A) Balance Group Responsible Forecast of production capacity (each ¼ h) and schedule management Balance energy management risk taker and minimizing Quantity Calculation of the settlement quotas (according to energy consumption) Allocation of the renewable electricity to the trades (forcasted load flow progr.) Changes of producers between balance group and traders B) Renwable Electricity Trader Technical and financial clearing & settlement Monthly billing to each producers o Arround plants o Appr different tariffs Customer service, contract handling, Data base hosting Homepage & Information (electronic application) IT & Datamanagement Statistics & Reporting to stakeholder

7 Austrian promotion model Data- and cash-flow scheme Quelle: E-Control GmbH

8 Data- & cash-flow

9 Energy statistik Feed-in volume and costs (brutto) 2008 Quelle: E-Control GmbH

10 Feed-in volume 2008 each category

11 Monthly feed-in volume each category

12 History & Development Small hydro Other green elec. producers Total green electr. over BGR

13 Installed capacity each category (2008/2007)

14 Challenge forecast effectivness (problem weather forecast & individual characteristics of the plant) Forecast of rainfall & river stage Feed-in Datas Forcast small hydro

15 Examples for small hydro plants

16 Challenge forcast effectivness (minimizing plan variances) Cut off reports Forecast of weather changes Forecast modells for wind Forecasted power flow

17 Examples wind and photovoltaik

18 Investment promotion Investment grants 2008 (second branch) Combined heat & power and middle hydro plants Quelle: E-Control GmbH

19 Duties & responsibilities volume of approved projects o o Targets: 60 Mio for combined H&P: additional MW till 2014, high efficiency, reduction of primary energy carrier and reduction of CO2 50 Mio for middle hydro (10-20 MW): additional 150 MW till 2014 Project audit & monitoring (technical, formal & economical): Technical & formal expertises (national law and guidelines) o o o Maximum installed Capacity, available work, environmental impact, efficency of power production, reduction of primary energy carrier and reduction of CO2, Business plan and economic calculations, plausibility of investment costs Legal permissions of the plant (construction, environment, ) Handling of the agreed investment grants o Approved projects 1 middle hydro plant (2 plants are not yet approved) o Capacity 15 MW o Applied investment grant 6 Mio 6 combined heat & power (driven by gas or waste) o Capacity MW o Applied investment grant 38,3 Mio

20 Examples for approved projects (combined heat & power, middle hydro) Waste incineration plant with a separation plant waste to energy facility, CHP-plant with high effeciency. Gas driven combined heat & power with high energy efficeny and reduction of primary energy carrier input, according to the guideline Middle hydro plant, between an allowed (constructet) maximum capacity bigger than 10 MW up to 20 MW. Combined heat & power plant burning concentrated waste liquor from paper/cellulose industry.

21 Thank you for your attention! OeMAG Abwicklungsstelle für Ökostrom AG Alserbachstraße 14-16, 1090 Wien Dr. Horst Brandlmaier, MBA Tel.: +43 (0) Fax: +43 (0)