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The European Energy Market and beyond: is green growth still an option?

This article explores the current state of the European energy market and questions whether green growth is still a viable option. It examines the role of gas and electricity distribution, renewable energy sources, and the economic impact of renewable support schemes. Additionally, it highlights the potential of natural gas as a reliable alternative in the face of climate change.

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The European Energy Market and beyond: is green growth still an option?

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  1. The European Energy Market and beyond: is green growth still an option? October 5th ,2012

  2. Gas Natural Fenosa Group Gas and electricity distribution and sales, 7,000 MW CCC, 1,900 MW hydro, 600 MW nuclear, 2,000 MW coal, 150 MW fuel-gas, 1,100 MW special regime, regasification, upstream. Moldova Egypt Australia Oman Italy Mexico Dominican Republic Gas sales and distribution, regasification projects Gas distribution 2,000 MW CCC Wind power projects Gas liquefaction Participation in liquefaction plant Electricity distribution 200 MW fuel-gas Guatemala Telecommunications Argentina Colombia France Nicaragua Brazil Gas and electricity distribution Electricity Distribution Gas Sales Gas distribution Gas distribution Panama Spain Electricity distribution and 30 MW hydro and fuel Puerto Rico Portugal Costa Rica Kenya Luxembourg Belgium South Africa Holland Angola Morocco 250 MW c.cycle + regasification 50 MW hydro Gas and electricity sales 110 MW (fueloil+gas) Integrated project Coal mining Gas transport Gas Sales Gas Sales Energy sales

  3. EU Energy Policy: Three pillars ? Are the three pillars balanced?

  4. EU Energy Policy: What has been achieved in the EU? Efforts are concentrated in the electricity sector Source: CEER Report on Renewable Energy Support in Europe, May 2011

  5. Economic Impact of RES in the EU

  6. Economic Impact of RES: The Spanish case (I) Renewable support schemes

  7. Economic Impact of RES : The Spanish case (II) Electricity system costs evolution System costs 2020 Forecast 2005 2010 Increase %Incr. 5.888 M 473% Spanish RES support (M€) 1.246 7.134 M€

  8. More than an economic impact: Integration of RES in the system 27 August 2009 9 November 2010 WindPower MW Combined Cycles (CCGTs) h • The intermittency and lack of firmness of renewable production requires high flexibility like the provided by the CCGTs • The progressive penetration of RES in the generation mix increases the need for this support or back-up

  9. More than an economic impact (II): Integration of RES in the system By taking the 50 cases with higher and lower wind coverage is confirmed that the combined cycle is the technology that supports the major variability

  10. Competiviness is a global thing. What about RES? Source: IFIEC Europe 11/2012

  11. Competiviness is a global thing. What about RES? The EU contributes so little... Source: Ignacio Perez Arriaga. Economic for Energy Workshop 2012

  12. Natural gas can be a reliable alternative USA: Henry hub. Shale gas influence Shale gas production has a growing impact on electricity generation Fuente: EC – JRC Jul 2012

  13. Conclusions • Climate Change is a big challenge. The electricity sector leads the transformation • RES have a strong impact on costs & to be integrated • A competitive energy sector is key for the growth of the economy • Gas is a secure, environment-friendly and reliable alternative

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