Powering Europe - European Wind Energy Association
Powering Europe - European Wind Energy Association
Powering Europe - European Wind Energy Association
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fiGURE 8: aVERaGE wholEsalE PRiCEs PER CoUntRy foR2020<br />
Wholesale price [€ cents per kWh]<br />
20<br />
18<br />
16<br />
14<br />
12<br />
10<br />
8<br />
6<br />
4<br />
2<br />
0<br />
Austria<br />
Belgium<br />
Czech<br />
Wholesale prices<br />
Denmark<br />
In both scenarios and in most countries, input data<br />
assumptions are made so that the amount of new deployment<br />
of wind energy is larger than the increase in<br />
power demand, and that wind energy will replace the<br />
most expensive power plants. This will lower the average<br />
price levels.<br />
In the EU the expected price level for 2020 is around<br />
8.9 €cent/kWh for the Reference Scenario (Figure<br />
8), with a significant higher price in the Czech Republic,<br />
Poland, Hungary and Slovakia. In the latter countries,<br />
the average price is about 50% higher than the<br />
EU average. The main reason for their high average<br />
price levels are that these countries base their generation<br />
very much on coal power, which means there<br />
are relatively high carbon costs. In these countries,<br />
some old power plants are very inefficient and therefore<br />
emit significantly more carbon. In addition, for<br />
Finland<br />
France<br />
Germany<br />
chApTEr 6 themeritordereffectoflarge-scalewindintegration<br />
Average wholesale prices in 2020<br />
Hungary<br />
Italy<br />
Netherlands<br />
Norway<br />
Poland<br />
Portugal<br />
Slovakia<br />
Slovenia<br />
Spain<br />
Sweden<br />
Reference 2020<br />
WIND 2020<br />
Price difference<br />
Switserland<br />
the Czech Republic and Poland, power demand in<br />
the Reference scenario exceeds the country’s power<br />
capacity. Highly expensive technologies therefore<br />
have to produce power in order to cover demand.<br />
These two countries are net importers of electricity,<br />
mainly from Germany and Slovakia. As a consequence<br />
of its large amounts of exports to Poland,<br />
the Czech Republic and Hungary, Slovakia has also<br />
become a high price region. And Hungary also lacks<br />
its own generation capacities, so it imports from<br />
high price regions like the Czech Republic and Slovakia<br />
(see more details on page 150, Trade flows).<br />
In the <strong>Wind</strong> scenario, average prices are about 18%<br />
lower than in the Reference scenario. The EU average<br />
price is around 7.3 €cent/kWh in the <strong>Wind</strong> scenario.<br />
Again, the Czech Republic, Poland, Hungary and Slovakia<br />
have higher prices than the EU average, but only<br />
around 15% higher, which is a smaller price difference<br />
than in the Reference scenario.<br />
Estonia<br />
Latvia<br />
Lithuania<br />
UK<br />
100<br />
90<br />
80<br />
70<br />
60<br />
50<br />
40<br />
30<br />
20<br />
10<br />
0<br />
Price difference in %<br />
149