generation and transmission interconnections 4 july, 2013 virgilijus poderys ceo of litgrid ab
TRANSCRIPT
Internal electricity market
Energy industry
Sustainability
Energy security
Competitiveness
Renewable energy sources
Security of energy supply
R&D achievements
Grid batteries
Carbon capture systems
Offshore wind parks
Small scale nuclear power plants
Fourth generation nuclear power plants
Vehicle-to-grid
Smart grid (smart metering)
North West Europe price coupling due in November
...
Investments into R&D in utility business
4
more than 7 times lower than the EU average among other industries
more than 25 times lower than in the EU technological industries
the lowest income from innovative products among all other major industries
(Institute for Prospective Technological Studies of the European Commission's Joint Research
Centre)
no a utility company in the top list of the world’s most innovative companies
Why is it so?
5
Historic market design
Policy making
Regulatory environment
‘As regulated companies, TSOs have limited access to the financial benefits of technological innovation. The lack of explicit regulation means that R&D expenses are often treated as any other operating expense. In fact, the drive towards increasing cost-effectiveness tends to reduce R&D allotments on a yearly basis.’ (an extract from ENTSO-E R&D Roadmap 2013-2022, p. 27)
What should be done?
6
let the market play its role
fix and improve EU ETS
harmonize subsidy schemes for RES in all Europe and integrate RES into the
European market
introduce SMART regulation
Nordic countries (zonal) 1 GW
2016 Baltic peak demand and cross-border capacities
4,9 vs 4,8 GW
Poland (central dispatch) 0,5 GW
3rd countries0,6 GW
Nordic countries(zonal) 0,7 GW
3rd countries (nodal) 2 GW
Baltic electricity markets in 2016 – crossroad of energy flows
7
► Lithuania is the crossroad in Baltic-Nordic-Polish-Russian/Belarusian market