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The Hellenic Wind Energy Association, HWEA / ELETAEN
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- Founded in 1990
- National representative of European wind energy
association WindEurope
- Members: Companies and Scientists of wind power
sector
- Nonprofit Organization (NPO)
Wind Energy in the region around the lignite center of Western - - PowerPoint PPT Presentation
Wind Energy in the region around the lignite center of Western - - PowerPoint PPT Presentation
Technical Meeting to Discuss the Concept of an Alternative Energy and Energy Storage Hub for Western Macedonia Wind Energy in the region around the lignite center of Western Macedonia: Current status, prospects and benefits Hellenic Wind Energy
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Total wind capacity connected to the grid (MW) per year
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27 27 39 107 237 276 293 408 480 602 749 849 996 1155 1323 1636 1749 1864 1976 2135 2368 2650 2825 3025 1994 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
The HWEA Wind Energy Statistics take into account the wind capacity which is in commercial or test operation in Greece and it is based on sources from the market actors.
S1 2019
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Wind capacity (MW) per year & per manufacturer
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- 50
50 100 150 200 250 300 350 1987 1989 1990 1991 1992 1993 1994 1995 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
ACCIONA ENERCON NEG Micon NORDEX VESTAS OTHERS SGRE General Electric EWT LEITWIND
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Spatial distribution of operating wind MWs
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Total wind capacity in Greece, 6/2019 : 3025MW
- ut of which….
Wind capacity in Macedonia & Thrace : 599MW or 20% of total
- ut of which
Wind capacity in Western Macedonia : 61MW or 2% of total
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The end of the lignite era…
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…and the beginning of the clean energy era
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Source: Global wind atlas
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Wind Energy development in Western Macedonia (1)
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Projects with: Operation License : 61MW
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Wind Energy development in Western Macedonia (2)
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Projects with: Operation License : 61MW Installation Lic. : 152MW
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Wind Energy development in Western Macedonia (3)
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Projects with: Operation License : 61MW Installation Lic. : 152MW EIA Approval : 796MW
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Wind Energy development in Western Macedonia (4)
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Projects with: Operation License : 61MW Installation Lic. : 152MW EIA Approval : 796MW Production Lic. : 746MW
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Wind Energy development in Western Macedonia (5)
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Projects with: Operation License : 61MW Installation L. : 152MW EIA Approval : 796MW Production L. : 746MW Applications PL : 378MW
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Licensing status Capacity (MW)
Application for Production License 377,6 Production License 746,5 EIA approval 795,7 Installation License 151,8 Operation License 61,3 Total 2132,9
Source: RAE/geo, downloaded 24/10/2019
Wind Energy development in Western Macedonia (6)
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Wind Energy development in Western Macedonia (7)
Wind energy projects selected in auctions : 100,95MW
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RES LCOE Versus Marginal Cost of Conventional Generation
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Source: LAZARD’ S LEVELIZED COST OF ENERGY ANALYSIS - VERSION 12.0
Certain Alternative Energy generation technologies, which became cost-competitive with conventional generation technologies several years ago, are, in some scenarios, approaching a LCOE that is at or below the marginal cost of existing conventional generation technologies
29 14 36 32 27 24 56 47 44 41 45 31 10 20 30 40 50 60 70 80 90 Onshore Wind Onshore Wind (Subsidized) Solar PV Solar PV(Subsidized) Coal Nuclear
Cost of Energy ($/MWh) Levelized Cost of New-Build Wind and Solar Marginal Cost of Existing Conventional Generation
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Comparison of Historical LCOE of Utility-Scale Generation Units
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Source: LAZARD’ S LEVELIZED COST OF ENERGY ANALYSIS - VERSION 12.0
LCOE analysis indicates significant historical cost declines for large scale Alternative Energy generation technologies driven by, among
- ther factors, decreasing supply chain costs, improving technologies and increased competition. Percentages in the graph represent the
total decrease in the average LCOE since 2009.
$275 $243 $227 $216 $205 $205 $192 $191 $183 $179 $123 $107 $95 $96 $104 $116 $117 $117 $148 $151 $168 $157 $159 $174 $145 $124 $150 $151 $140 $140 $111 $111 $111 $102 $105 $112 $108 $102 $102 $102 $76 $107 $104 $116 $116 $116 $100 $98 $97 $91 $83 $96 $95 $75 $74 $74 $65 $63 $60 $58 $359 $248 $157 $125 $104 $79 $64 $55 $50 $43 $135 $124 $83 $72 $70 $59 $55 $47 $45 $42
$20 $60 $100 $140 $180 $220 $260 $300 $340 $380 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Mean LCOE ($/MWh) Gas Peaker (35%) Nuclear (23%) Solar Thermal (17%) Coal (9%) Geothermal (21%) Gas - Combined Cycle (30%) Solar PV (88%) Wind (69%)
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Comparison of Historical LCOE of RES
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Source: LAZARD’ S LEVELIZED COST OF ENERGY ANALYSIS - VERSION 12.0
In light of material declines in the pricing of system components (e.g., panels, inverters, turbines, etc.) and improvements in efficiency, among other factors, wind and large scale solar PV have seen dramatic historical LCOE declines; however, over the past several years the rate of such LCOE declines have started to flatten.
$169 $148 $92 $95 $95 $81 $77 $62 $60 $56 $101 $99 $50 $48 $45 $37 $32 $32 $30 $29 $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
LCOE ($/MWh)
Range of Unsubsidized Wind LCOE
$394 $270 $166 $149 $104 $86 $70 $61 $53 $46 $323 $226 $148 $101 $91 $72 $58 $49 $46 $40 $0 $50 $100 $150 $200 $250 $300 $350 $400 $450 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
LCOE ($/MWh)
Range of Unsubsidized Solar PV LCOE Wind 9-Year Percentage Decrease: (69%) Large Scale Solar 9-Year Percentage Decrease: (88%)
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Wind auctions in Greece, RV in €/MWh
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68,18 55,00 59,09 71,93 65,37 69,18
69,53 58,58 60,00 67,32
50,00 55,00 60,00 65,00 70,00 75,00 80,00
July 2018 3<Wind≤50 MW December 2018 3<Wind≤50 MW April 2019 Wind>50MW July 2019 3<Wind≤50 MW
The lowest and highest bid and the weighted average of the bids of each RES auction conducted in Greece so far is presented.
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LCOE is sensitive to the CF%
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The performed sensitivity analysis of the LCOE for various levels of capacity factor, indicates the importance of exploiting the windiest areas.
76 70 65 60 56 53 50 47 45 43 41
30,00 35,00 40,00 45,00 50,00 55,00 60,00 65,00 70,00 75,00 80,00
20% 22% 24% 26% 28% 30% 32% 34% 36% 38% 40% LCOE (€/MWh) Capacity Factor (%)
Sensitivity Analysis of the LCOE of a typical wind farm
Key Assumptions Capacity (MW) 50 Fixed O&M (€/kW-year) 35 Municipal tax (% of turnover) 3% Balancing cost (€/MWh) 4 O&M Escalation Rate 1% Capital Structure Debt 70% Cost of Debt 3,4% Equity 30% Cost of Equity 7,0% Taxes and Tax Incentives: Tax Rate 20% Economic Life (years) 20 Depreciation (years) 10 Loan tenor (years) 15 Capex EPC Costs (€/kW) 1.100 Important note: The analysis is based on general assumptions and should not be considered as an advice or a proposed binding policy direction.
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76 70 65 60 56 53 50 47 45 43 41
30,00 35,00 40,00 45,00 50,00 55,00 60,00 65,00 70,00 75,00 80,00
20% 22% 24% 26% 28% 30% 32% 34% 36% 38% 40% LCOE (€/MWh) Capacity Factor (%)
Sensitivity Analysis of the LCOE of a typical wind farm
LCOE is sensitive to the CF%
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The performed sensitivity analysis of the LCOE for various levels of capacity factor, indicates the importance of exploiting the windiest areas.
Key Assumptions Capacity (MW) 50 Fixed O&M (€/kW-year) 35 Municipal tax (% of turnover) 3% Balancing cost (€/MWh) 4 O&M Escalation Rate 1% Capital Structure Debt 70% Cost of Debt 3,4% Equity 30% Cost of Equity 7,0% Taxes and Tax Incentives: Tax Rate 20% Economic Life (years) 20 Depreciation (years) 10 Loan tenor (years) 15 Capex EPC Costs (€/kW) 1.100 Western Macedonia Important note: The analysis is based on general assumptions and should not be considered as an advice or a proposed binding policy direction.
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76 70 65 60 56 53 50 47 45 43 41
30,00 35,00 40,00 45,00 50,00 55,00 60,00 65,00 70,00 75,00 80,00
20% 22% 24% 26% 28% 30% 32% 34% 36% 38% 40% LCOE (€/MWh) Capacity Factor (%)
Sensitivity Analysis of the LCOE of a typical wind farm
LCOE is sensitive to the CF%
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The performed sensitivity analysis of the LCOE for various levels of capacity factor, indicates the importance of exploiting the windiest areas.
Key Assumptions Capacity (MW) 50 Fixed O&M (€/kW-year) 35 Municipal tax (% of turnover) 3% Balancing cost (€/MWh) 4 O&M Escalation Rate 1% Capital Structure Debt 70% Cost of Debt 3,4% Equity 30% Cost of Equity 7,0% Taxes and Tax Incentives: Tax Rate 20% Economic Life (years) 20 Depreciation (years) 10 Loan tenor (years) 15 Capex EPC Costs (€/kW) 1.100 Western Macedonia Important note: The analysis is based on general assumptions and should not be considered as an advice or a proposed binding policy direction.
Weighted average of all final bids for wind projects in Western Macedonia, participated in the auctions 7/2018-7/2019: 66,8 €/MWh
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The case of south Evia, July 2018
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At the end of 2017, there were wind farms of total capacity 218.7 MW in south Evia island, which were constructed in the period 1998-
- 2017. On top of that, a capacity of 28.2 MW had been constructed,
but not yet put into commercial operation. Total power of wind farms 218.7 MW Direct permanent jobs locally 62 Total benefit from operation 16.5 mil. € Total benefit from the special tax 3% 21.7 mil. € Total benefit from construction 44.4 mil. € Total local benefit from the S. Evia W/Fs 82.6 mil. € Annual average (1998-2017) 4.2 mil. € / year For comparison reasons, it is mentioned that the first modern-type private gas station of 400MW installed in Greece, created approx. 32 permanent jobs, i.e. 0.08 jobs/MW versus 0.3 local jobs/MW from the wind farms in south Evia (almost 4 times more).
http://eletaen.gr/en/the-local-benefits-from-wind-farms-in-south-evia-greece/
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Wind jobs statistics in Greece, June 2009
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Total power of wind farms
- approx. 1,200 MW
Jobs at wind investors/owners (development, construction, operation) 0.49 permanent jobs /MW Jobs at WTGs manufacturers (sales, O&M) 0.32 permanent jobs /MW Jobs at towers manufacturing 0.19 permanent jobs /MW Total 1 permanent job /MW
Source: GAREP
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Western Macedonia as part of our broader Wind Vision
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Full implementation of the 100% proven energy resource of Greece….. which is its wind potential…. both onshore and offshore Development of a strong local supply chain, especially for wind offshore (incl. floating) incorporating our naval- industry tradition, shipyards, cable industry, OMS infrastructure Large international interconnections Foreign and local investments Producer and exporter of green electricity Strong contributor to the Europe’s energy independence Geopolitical reinforcement and sustainable economic growth
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