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Solar Energy Perspectives - IEA

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Chapter 11: Testing the limits<br />

Figure 11.3 Seasonal variations of the European electricity demand and of the electricity<br />

generation from solar, wind, and a 60%-wind 40%-PV generation mix<br />

Normalised power<br />

Normalised power<br />

1.6 1.3<br />

1.4 1.2<br />

1.2 1.1<br />

1.0<br />

0.8<br />

0.6<br />

2000 2002 2004 2006 2008<br />

Seasonal variations of solar<br />

electricity generation<br />

Seasonal variations of wind<br />

electricity generation<br />

1.0<br />

0.9<br />

0.8<br />

2000 2002 2004 2006 2008<br />

Generation from a 60%-wind<br />

power and 40%-PV<br />

Seasonal variations of the demand for<br />

electricity in EU-27 around the average<br />

Note: The average values are normalised to 1.<br />

Source: Heide et al. 2010.<br />

Key point<br />

Wind power is abundant in winter; PV electricity is abundant in summer.<br />

Daily variations in the generation of electricity from both PV and wind are important to<br />

consider. Large penetration rates of wind power and PV would likely require large storage<br />

capacities, on top of the flexibility factors considered in Chapter 3 (see Box: Harnessing<br />

Variable RE on page 41). Electricity storage would have two related, but somewhat distinct<br />

objectives: i) to minimise curtailment of renewable electricity; and ii) to help meet demand<br />

peaks. Although electricity shortages do not have to be avoided at any cost, the history of<br />

shortages suggests there is a significant value in avoiding them. By contrast, some curtailment<br />

of either wind power or PV power might be acceptable as long as the economic losses it<br />

entails are lower than the marginal costs of additional storage capabilities only rarely needed,<br />

such as in the rare event of simultaneous large PV and large wind power generation.<br />

To assess storage needs, one must make some assumptions relative to generating<br />

capacities other than solar. For example, one may consider a global generation of 25 000<br />

TWh from wind power. Wind power has very large technical potential and its costs will<br />

likely be lower than, or similar to, most alternatives, i.e. in a range of USD 50/MWh to<br />

USD 100/MWh in the long run, depending on the shares of on-shore and offshore wind<br />

farms and the actual learning curve of offshore wind power. Hydropower and geothermal<br />

electricity are more limited by geography. It is assumed that hydropower plus tidal and<br />

other marine energies would provide 10 000 TWh/year of electricity. Another 2 000 TWh<br />

would come from burning natural gas in balancing plants (blended with the 2 000 TWh<br />

of solar hydrogen). The remaining 10 000 TWh would come from a mix of base load,<br />

201<br />

© OECD/<strong>IEA</strong>, 2011

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