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Renewable Energy Sources in Greece, within the crisis environment. Panagiotis Papastamatiou. HELLENIC WIND ENERGY ASSOCIATION. 4rth InnoForum , Athens Information Technology, 25 May 2012. 2011 HWEA Wind Statistics.

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Renewable Energy Sources in Greece, within the crisis environment

Panagiotis Papastamatiou

HELLENIC WIND ENERGY ASSOCIATION

4rth InnoForum, Athens Information Technology, 25 May 2012


2011 HWEA Wind Statistics environment

The HWEA Wind Statistics take into account the wind capacity which are in commercial or test operation in Greece and it is based on sources from the market actors.





2011 HWEA Wind Statistics environment

Total new capacity installed in 2010:

166,75 MW

Total new capacity installed in 2011 :

311,20 MW




RES Statistics environment2011 – Ministry EECC

Installed Capacity 2011 (MW)


THE AVERAGE GENERATION COST IN 2020 IS LESS environment

IF WE ACHIEVE RES TARGETS

Without RES, the cost of capital is reduced. However the fuel cost and the CO2 payments are increased. The latter increase is bigger from the cost of capital reduction even for a relative low CO2 price (20 €/tn )

Πηγή: Εργαστήριο Ενέργειας Οικονομίας Περιβάλλοντος ΕΜΠ, http://www.eletaen.gr/drupal/sites/default/files/meleti_emp.pdf


THE FEED-IN-TARIFF IS THE MOST COST AND GROWTH EFFECTIVE RES SUPPORT MECHANISM

Πηγή: ΕC Working documents SEC 2008(57) 23.1.2008

http://ec.europa.eu/energy/climate_actions/doc/2008_res_working_document_en.pdf


Πηγή SUPPORT MECHANISM: Wind Energy and Electricity Prices, POYRY – EWEA, April 2010

http://www.eletaen.gr/drupal/sites/default/files/ewea/MeritOrder.pdf


…. SUPPORT MECHANISMand IN GREECE

  • RES reduce the wholesale price (System Marginal Price – 9.5€ /ΜWh according to Primes simulation for 2011) and thus they reduce the suppliers cost

  • RES contribute capacity in the system (capacity credit) and thus they save capacity payments for conventional power units

  • The SMP does not represent the actual generation cost.

  • The actual additional cost/benefit of RES is not properly represented in the retail bills.

Πηγή: Εργαστήριο Ενέργειας Οικονομίας Περιβάλλοντος ΕΜΠ, http://www.eletaen.gr/drupal/sites/default/files/meleti_emp.pdf


WHAT HAPPENED DURING 2009-2010 SUPPORT MECHANISM

Ποσά σε εκατ. Ευρώ





CONCLUSIONS SUPPORT MECHANISM

RES reduce the total generation cost

The role of the National Action Plan for RES is crucial

RES contributes significant macroeconomics and development benefits



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