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The position of Cogeneration in the energy market. “Economy vs. Environment and Security of Supply. Drs ing Teus van Eck Brussel, 4 april 2003, Cogen Europe annual Conference. Contents. Market situation Economy Environment Security of supply Opportunities and risks Recommendations.
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The position of Cogeneration in the energy market. “Economy vs. Environment and Security of Supply Drs ing Teus van Eck Brussel, 4 april 2003, Cogen Europe annual Conference.
Contents • Market situation • Economy • Environment • Security of supply • Opportunities and risks • Recommendations.
The balance. The Balance Environment Security of supply “Economy” The long en short term values???
Market Situation • Growing demand-growing supply? • Prosperity-welfare? • Where is the European Green Book?
Environment • Only Renewables or the lowest level of fossil fuel consumption and emissions for the total energy demand? • Energy savings or the fossile fuel use/emission level per unit electricity/heat?
Security of supply • Technical, availability fuels, the environment • Separate electricity production results in 45-75% waste heat • Political risks • Distributed vs. centralised generation
Heat Distribution E E E E F CHP Storage H Alternative Consumer F H Grid Consumer F Back-up/peak E= Electricity F= Fuel H= Heat H
Opportunities-Risks • Opportunities: Energy/emissions savings, security of supply, proven technology • Risks:Continuity of heat demand and or heat source, economy of scale, weak and uncertain position in electricity and fuel market, level playing field?, no structural financial valuation of environmental aspects
Some figures • 100 km by car –15 kg CO2 • 1 Dutch family with DH saves 1500 kg CO2/yr • 1 Windmill of 1 MW saves 700 ton CO2/yr • 1 MWth CHP saves 700 ton CO2/yr
Recommendation • A long term E.U. energy policy on base of a clear choice in the balance of economy, environment and security of supply translated in a minimum level of regulation or ???????