03.12.2012 Views

Offshore Electricity Infrastructure in Europe - European Wind Energy ...

Offshore Electricity Infrastructure in Europe - European Wind Energy ...

Offshore Electricity Infrastructure in Europe - European Wind Energy ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Annex d – details of results<br />

FiGuRe 13.13: maximum distance between hubs FOR asymmetRic w<strong>in</strong>d FaRm hubs capacity - diFFeRent pROFiles OF pRice<br />

diFFeRence (30% tO cOuntRy a, 50% tO eitheR cOuntRy, and 70% tO cOuntRy b) [€/mwh] (<strong>in</strong>teRcOnnectOR capacity OF<br />

500 mw, w<strong>in</strong>d FaRm capacity <strong>in</strong> cOuntRy 2 is twice the size OF the w<strong>in</strong>d FaRm <strong>in</strong> cOuntRy a)<br />

M<strong>in</strong>imum distance<br />

between hubs (km)<br />

400<br />

300<br />

200<br />

100<br />

0<br />

100 200 300 400 500 600 700 800 900 1,000<br />

30%<br />

50%<br />

which is compared), the more <strong>in</strong>frastructure costs will<br />

be saved by <strong>in</strong>terconnect<strong>in</strong>g hubs. The maximum beneficial<br />

distance between hubs therefore <strong>in</strong>creases with<br />

<strong>in</strong>creas<strong>in</strong>g direct <strong>in</strong>terconnector length (Figure 13.11).<br />

Impact of absolute price difference<br />

The higher the absolute price difference between the<br />

countries, the more the trade of electricity becomes<br />

important and the less the <strong>in</strong>terconnector cable<br />

should be constra<strong>in</strong>ed. For higher absolute price differences,<br />

the reduction <strong>in</strong> <strong>in</strong>frastructure costs due<br />

to the reduced cable length must be higher to cover<br />

the reduction <strong>in</strong> system benefits. The maximum distance<br />

between hubs <strong>in</strong> these cases is therefore lower<br />

(Figure 13.12).<br />

<strong>Electricity</strong> price profiles and w<strong>in</strong>d-price<br />

correlations<br />

• Unbalanced price profiles have no impact<br />

If the price difference is not balanced, which here<br />

means that the price is most of the time (>50% of<br />

the time) lower <strong>in</strong> one country, one of the legs (the<br />

one connect<strong>in</strong>g the country with lower prices) is not<br />

often loaded and <strong>in</strong>frastructure rema<strong>in</strong>s unused<br />

(the leg connect<strong>in</strong>g the country with lower prices).<br />

However, as the constra<strong>in</strong>ts on the cables are <strong>in</strong>dependent<br />

on the direction of the price difference<br />

W<strong>in</strong>d farm hub capacity (on either side) (MW)<br />

70%<br />

when the cable capacities are identical, this has<br />

no effect on the break—even distance. The constra<strong>in</strong>ts<br />

can be partly relieved by dimension<strong>in</strong>g one<br />

leg bigger and the other leg smaller.<br />

• Correlation between w<strong>in</strong>d and price imbalance <strong>in</strong>creases<br />

the impact.<br />

• As before with the tee-<strong>in</strong> solutions (paragraph<br />

4.4.1), a correlation between the w<strong>in</strong>d power production<br />

and the price imbalance has a negative<br />

effect on the economics of <strong>in</strong>tegrated solutions<br />

compared to the bus<strong>in</strong>ess as usual case. Similarly,<br />

an <strong>in</strong>verse correlation has a positive effect.<br />

Impact of asymmetric w<strong>in</strong>d farm hub<br />

capacities<br />

In Figure 13.13 the effect of asymmetric w<strong>in</strong>d farm<br />

hub capacities is analysed. The w<strong>in</strong>d farm hub <strong>in</strong> country<br />

A is 50% smaller than the w<strong>in</strong>d farm hub <strong>in</strong> country<br />

B. The w<strong>in</strong>d farm connection cable <strong>in</strong> country B is thus<br />

double the size of the connection cable <strong>in</strong> country A so<br />

that w<strong>in</strong>d power from both hubs can flow to the country<br />

with the highest prices most of the time (country<br />

B). Figure 13.13 confirms that when prices are more<br />

often higher <strong>in</strong> country B (30% of price difference balanced<br />

to country A), the trade is less constra<strong>in</strong>ed<br />

which leads to a higher maximum distance between<br />

hubs.<br />

136 <strong>Offshore</strong>Grid – F<strong>in</strong>al Report

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!