Powering Europe - European Wind Energy Association
Powering Europe - European Wind Energy Association
Powering Europe - European Wind Energy Association
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analysis<br />
fiGURE 9: EnDoGEnoUs inVEstMEnts foR DiffEREnt sCEnaRios Until 2020<br />
150<br />
Investment capacities [1000 MWe]<br />
45<br />
40<br />
35<br />
30<br />
25<br />
20<br />
15<br />
10<br />
5<br />
0<br />
Austria<br />
Belgium<br />
Czech<br />
Different effects can be seen in the hydropower-dominated<br />
countries Sweden, Finland and Norway to those<br />
seen in the thermal-based countries on the <strong>Europe</strong>an<br />
continent.<br />
In addition to the extreme price differences for Poland,<br />
Czech Republic, Hungary and Slovakia, as described<br />
above, Figure 8 also indicates that wind energy lowers<br />
the price more in some hydro-based countries, namely<br />
Finland, Sweden, Norway and Portugal. Here, a largescale<br />
implementation of wind power means there is a<br />
greater need for flexible production within the country<br />
rather than for exporting hydro power to deliver balancing<br />
services in neighbouring countries. This means<br />
trade flows from these countries to neighbours are decreased<br />
in the <strong>Wind</strong> scenario (see Figure 13).<br />
Consequently, large-scale wind implementation increases<br />
the incentive to invest in more grid capacity<br />
Denmark<br />
Finland<br />
France<br />
Germany<br />
Hungary<br />
Endogenous investments<br />
Italy<br />
Netherlands<br />
Norway<br />
Poland<br />
Portugal<br />
Slovakia<br />
Slovenia<br />
Spain<br />
Lignite Reference 2020<br />
Lignite WIND 2020<br />
Coal Reference 2020<br />
Coal WIND 2020<br />
Gas Reference 2020<br />
Gas WIND 2020<br />
Sweden<br />
Switserland<br />
i.e. in more interconnection capacity between different<br />
price areas.<br />
Other results<br />
Investments<br />
Large wind power investments supersede the additional<br />
investments in conventional power plants that<br />
would otherwise be needed in order to match power<br />
supply and demand. The types of technologies that<br />
are replaced depend on the investments that would<br />
have been made without the large-scale deployment<br />
of wind power.<br />
Due to an increase in power demand and plans to decommission<br />
some nuclear power plants and old conventional<br />
plants additional investments in conventional<br />
power are expected to be needed.<br />
Estonia<br />
Latvia<br />
Lithuania<br />
UK<br />
<strong>Powering</strong> <strong>Europe</strong>: wind energy and the electricity grid