6th International Scientific Conference on Energy and Climate Change 9-11 October 2013, Athens (Hellas) Brief Overview of Electricity Prices in European.

6th International Scientific Conferenceon Energy and Climate Change

9-11 October 2013, Athens (Hellas)

Brief Overview of Electricity Prices in European Countries

Ms. Karine SargsyanEnergy Strategy Center of

Scientific Research Institute of Energy

Brief Overview of Electricity Prices in European Countries

Ms. Karine SargsyanEnergy Strategy Center of

Scientific Research Institute of Energy

PROJECT: Assistance to Energy Sector to Strengthen Energy Security and Regional Integration

PROJECT: Assistance to Energy Sector to Strengthen Energy Security and Regional Integration

IntroductionIntroduction

Observed:Observed: 3 333 European countries European countries

Observation Period:Observation Period: 2004-2009 2004-2009

Observation parameters:Observation parameters:

GDP, Population, Gross Inland Consumption GDP, Population, Gross Inland Consumption

of Hydro, Wind and Solar, Electricity pricesof Hydro, Wind and Solar, Electricity prices

Sources of information:Sources of information:

International Energy Agency, Key World International Energy Agency, Key World

Energy Statistics and Eurostat yearbooks.Energy Statistics and Eurostat yearbooks.

Country Data:Country Data:Average Annual GDP Growth (%)Average Annual GDP Growth (%)

The higher GDP growth (around of 9.26%) is recorded for Turkey.

Annual growth between 4% and 6%: from Poland (5.31%/year) to Greece (4.48%).

Annual GDP growth between 2-4%: the highest – Czech Republic (3.89%) and the lowest – Estonia (2.26%).

Growth less than 2%: Spain (1.70%) and complete the list Italy (-0.06%)

Country Data:Country Data:Population Population Average Annual Growth (%)Average Annual Growth (%)

Luxemburg – 2.13%,

Next group – 1.99% - 1.02% - from Iceland to Norway,

3rd group – Malta (0.98%) Turkey (0.03%)

Lowest group: -0.02% (Poland) to -0.59 (Lithuania)

Country Data:Country Data:Total Electricity Consumption (TWh)Total Electricity Consumption (TWh)

The higher Total Electricity Consumption growth (around of 14.7%) is recorded for Iceland.

Another country with high growth is Turkey - 5.42%.

First group is leading by Cyprus with 2.43% and concluding by Norway (0.17%).

The last group of countries have negative growth and varies from “-“0.22% for Romania to “-”1.82% for Slovenia.

Renewables:Renewables:Hydro Inland Consumption (1000 TOE)Hydro Inland Consumption (1000 TOE)

The Highest hydro inland Consumption has Norway.

The next countries with high inland consumption are Sweden and France.

Countries from Croatia to Turkey have negative growth of consumption.

Renewables:Renewables:Wind Inland Consumption (1000 TOE)Wind Inland Consumption (1000 TOE)

Consumption in Germany until 2007 growth very fast and depending on the climatic terms stay at the same level.

In Spain consumption growth from around 1300 to 3200.

Denmark – consumption changes a little.

In remaining countries growth were from around 1 to 600 TOE

Renewables: Solar Photovoltaic (PV)Renewables: Solar Photovoltaic (PV)Inland Consumption (1000 TOE)Inland Consumption (1000 TOE)

In Germany consumption increase from 48-566 TOE.

In Spain 2004-2007 the increase was small, from 2007 rapidly growth until 513 TOE.

In Italy also at first was small growth then it reach 58 TOE.

In remaining countries solar PV inland consumption growth was insignificant.

Analyses: Share of Renewable Energy inAnalyses: Share of Renewable Energy inGross Final Energy Consumption Gross Final Energy Consumption (%)(%)

The highest share was in United Kingdom – 20.11%

In first group are countries from Belgium (18.29%) to Italy (11.02%).

The next group started from 9.39% (Spain) and ends with 2.16% (Norway).

In Finland and Latvia there is small growth.

In Croatia the growth is negative – -2.64%

Analyses: Average Annual Growth ofAnalyses: Average Annual Growth ofElectricity Prices for HouseholdElectricity Prices for Household ( (%%))

Electricity prices most increase in Malta (20.67%).

In France growth was only 0.07%.

Negative growth of electricity prices has Portugal (-0.30%).

Quite increase of prices have countries from Latvia (14.47%) to Austria (7.06%).

In other countries growth was from 6.25% (Denmark) to 2.16% (Germany)

Analyses: Electricity Prices for HouseholdAnalyses: Electricity Prices for Householdfor 2010 for 2010 (Euro per kWh)(Euro per kWh)

Highest (€Highest (€cc /kWh): /kWh):

Malta – 16.15Latvia – 15.97Greece – 15.89

Lowest (€Lowest (€cc /kWh): /kWh):

France – 6.75Slovakia – 6.95

Average: Average: 11.8 €c/kWh

Conclusions (Summary Table)Conclusions (Summary Table)

Region/Country El.cons/GDP,

kWh/$ El.cons/pop.,kWh/capita

Share of RES, %

of which

Hydro Wind Solar Germany 0.28 6 781 12% 3% 7% 1% Belgium 0.33 7 908 2% 0% 1% 0% Bulgaria 1.73 4 401 11% 10% 1% 0% Czech Republic 0.85 6 103 4% 4% 0% 0% Denmark 0.21 6 248 20% 0% 19% 0% Estonia 0.99 5 951 3% 0% 2% 0% Ireland 0.22 6 022 14% 3% 11% 0% Greece 0.37 5 540 13% 9% 4% 0% Spain 0.39 6 004 26% 10% 14% 2% France 0.33 7 494 14% 12% 2% 0% Croatia 0.58 3 709 41% 41% 0% 0% Italy 0.29 5 271 18% 15% 2% 0% Cyprus 0.42 6 251 0% 0% 0% 0% Latvia 0.58 2 875 54% 53% 1% 0% Lithuania 0.67 3 430 5% 4% 1% 0% Luxembourg 0.27 14 447 3% 1% 1% 0% Hungary 0.67 3 773 1% 1% 1% 0% Malta 0.42 4 405 0% 0% 0% 0% Netherlands 0.26 6 897 4% 0% 4% 0% Austria 0.30 7 947 65% 62% 3% 0% Poland 0.57 3 591 3% 2% 1% 0% Portugal 0.41 4 815 31% 16% 15% 0% Romania 0.87 2 267 32% 32% 0% 0% Slovenia 0.48 6 096 38% 38% 0% 0% Slovakia 0.85 4 926 16% 16% 0% 0% Finland 0.58 15 241 16% 16% 0% 0% Sweden 0.46 14 141 52% 50% 2% 0% United Kingdom 0.21 5 693 4% 1% 3% 0% Iceland 1.46 51 179 0% 0% 0% 0% Norway 0.58 23 558 111% 110% 1% 0% Switzerland 0.22 7 962 58% 58% 0% 0% FYR Macedonia 1.61 3 467 18% 18% 0% 0% Turkey 0.46 2 296 23% 22% 1% 0%

ConclusionsConclusions

The highest rate of average yearly The highest rate of average yearly growth for solar PV panels’ and wind growth for solar PV panels’ and wind farms’ electricity production has United farms’ electricity production has United Kingdom (20.1%)Kingdom (20.1%)

Additional 8 countries have the above Additional 8 countries have the above rates higher than 10% – from 18.3% rates higher than 10% – from 18.3% (Belgium) to 11.0% (Italy)(Belgium) to 11.0% (Italy)

These rates for another 15 countries are These rates for another 15 countries are varying between 9.4% and 2.2% (starting varying between 9.4% and 2.2% (starting from Spain and completing the list by from Spain and completing the list by Norway)Norway)

ConclusionsConclusions

During 2004-2009 practically all the During 2004-2009 practically all the countries have increased their electricity countries have increased their electricity prices for residential customersprices for residential customers

Huge average price growth is recorded Huge average price growth is recorded for Latvia (14.5% per year)for Latvia (14.5% per year)

Greece, Ireland, UK and Czech Republic Greece, Ireland, UK and Czech Republic have growth rates above 10% per yearhave growth rates above 10% per year

ConclusionsConclusions

For the remaining countries this For the remaining countries this indicator is varies from 9.1% (Hungary) indicator is varies from 9.1% (Hungary) to 2.2% (Germany)to 2.2% (Germany)

Only France stands alone in the number Only France stands alone in the number of selected countries with 0.07% of of selected countries with 0.07% of growth of electricity price for residential growth of electricity price for residential sectorsector

Thank you!Thank you!

Energy Strategy Center ofScientific Research Institute of Energy

5/1 Myasnikyan avenue, 0025 Yerevan, ArmeniaPhone/Fax: +374-10 559-664

E-mail: [email protected]@energinst.am

Energy Strategy Center ofScientific Research Institute of Energy

5/1 Myasnikyan avenue, 0025 Yerevan, ArmeniaPhone/Fax: +374-10 559-664

E-mail: [email protected]@energinst.am