The Renewable Energy Sector in Cyprus

Transcription

1 Energie The Renewable Energy Sector in Cyprus Dr. Isabelle Riesenkampff, German Energy Agency (dena) Cologne, 29 November 2010 Conference Solar Industry in the Republic of Cyprus

2 Outline: The Renewable Energy Sector in Cyprus Introduction: About the German Energy Agency (dena) 1. The Big Picture: Oil Imports and Growing Energy Demand 2. The Big Opportunity: Solar Energy Potential in Cyprus 3. The Big Issue: Energy Policy 4. Conclusion

3 Introduction: About the German Energy Agency (dena)

4 Ownership Structure of the German Energy Agency dena Federal Republic of Germany 50% KfW Bankengruppe 26% Represented by the Federal Ministry of Economics and Technology in consultation with: The Federal Ministry of Food, Agriculture and Consumer Protection The Federal Ministry for the Environment, Nature Conservation and Nuclear Safety Allianz SE 8% Deutsche Bank AG 8% DZ BANK AG 8% The Federal Ministry of Transport, Building and Urban Development Management Stephan Kohler Chief Executive Andreas Jung

5 Fields of Competence and Activity at dena.

6 The Renewable Energy Export Initiative Launched by the German Parliament in 2002 and operated by the Federal Ministry of Economics and Technology Main objectives: to contribute to climate protection to stimulate the acceptance of renewable energy in other countries to showcase Germany s technical and business expertise in the field of renewable energy to provide comprehensive support to SMEs as they tap foreign markets

7 1. Oil Imports, Growing Electricity Demand, New Capacity

8 Electricity Generation in 2007 by Source in GWh Heavy dependency on imported oil. Source: Statistical Service of the Republic of Cyprus, 2009

9 Costs for oil imports: 1990 until 2007 in Mio. Euros electricity supply mainly based on oi escalating costs for imported oil in the recent years up to one billion in 2007 Source: Ministry of Commerce, Industry and Tourism, 2007

10 Projected electricity demand until 2015 in GWh Electricity supply to amount to 4,786 GWh in 2007 can reach within an increasing electricity demand 8,470 GWh in Source: EAC, 2007 electricity supply in GWh (projected)

11 2. Renewable Energy Potential in Cyprus

12 Solar Energy Potential in Cyprus 1. Theoretical potential: Annual days of sunshine: 300 Global Irradiation ø: 1,700 kwh/m² 2. Utilization of grid-connected PV: ~ 2.694,8 kw (in 2009) Source: EU PVGIS, 2010 Source: ESTIF, Cyprus is one of the leading countries in the use and construction of solar water heating systems. 92% of households are equipped with solar water heaters and 53% of hotels have installed large solar water heating systems.

13 3. Energy Policy Framework:

14 RES Targets: Status Quo Mandatory targets set by the EU-Directive on the Promotion of the use of energy from renewable sources 13% share of RES on the final consumption of energy in At least 10% share of renewable energy of final consumption of energy in transport by Indicative Target set by the RES- electricity European Directive from % Share of RES on gross electricity consumption by 2010

15 Promotion Scheme for Renewable Electricity until 2013: Feed-In Scheme for PV, CSP, Wind and Bio energy. RES / Capacity PV / until 20 kwp Euro per generated kwh - (duration 20 years) 0,36 (or 0,21 with investment subsidy) Investment Subsidy 55% of eligible costs. maximum Euro PV / 21 until 150 kwp 0,34 - Windpower 0,16 grid connected small Wind turbines < 30kW; 15-35% of eligible costs (according to the size of the enterprise). Maximum amount Euro per unit CSP 0,26 Not defined yet Biomass 0,13 55% of eligible costs. Maximum amount Euro per unit Biogas 0,11 55% of eligible costs. Maximum amount Euro per unit Source: gtai, 2010

16 Electricity Policy Targets Priority: Diversification of energy supply and increasing the share of renewable energies in production of electricity. New capacities for electricity generation from RES Technologies 2011 to to Wind energy 165 MW 210 MW 300 MW Photovoltaic 25 MW 100 MW 192 MW CSP 25 MW 75 MW 75 MW Bioenergy 8 MW 15 MW 17 MW Total 223 MW 400 MW 584 MW Source: Actionplan 09, 2010

17 Investments in Electricity Infrastructure until 2013 June 2010: The European Investment Bank provided a EUR 200 million loan to the Electricity Authority of Cyprus for reinforcing and extending the electricity transmission and distribution networks throughout Cyprus. The project consists of a four-year investment programme ( ) aimed at meeting the growing demand while reducing also transmission and distribution losses. Source: GENI, 2010

18 CONCLUSION: Energy Situation Economic growth implies an increasing energy demand in the coming years. Oil is still the main source of electricity generation, renewable energies only play a minor role so far. (0,3% in 2008) Reinforcing and extending the electricity transmission and distribution network is necessary. The use of biomass and biogas is limited. Promotion of wind energy is in the focus of the government. Promotion of solar energy is coming into the focus as well: For 2020 nearly 600 MW newly installed RES-capacities planned 192 MW new capacities attributed to photovoltaic 75 MW new capacities attributed to solar thermal systems

19 Energie Thank you!