Renewable Energy in Europe: Utilities Trends to Watch 2012 – Generation and Networks

• Publication date: December 2011

A number of key developments in the European energy landscape will affect utilities in 2012. Utilities will need to proactively adjust for the impact of poor economic conditions, and adapt to tougher rules on decarbonization, energy efficiency, and consumer protection.With insight on the strategies key European players are adopting, you will have the industry int...

A number of key developments in the European energy landscape will affect utilities in 2012. Utilities will need to proactively adjust for the impact of poor economic conditions, and adapt to tougher rules on decarbonization, energy efficiency, and consumer protection.With insight on the strategies key European players are adopting, you will have the industry intelligence to maneuver and outperform in 2012 and beyond.Preparation activity for the smart grid will increase in 2012, as the smart grid vision is expected to be fully enabled by 2025 across Europe.With insight into how key developments in the European energy utility landscape will affect your business in 2012, you will be able to proactively adjust for the impact of the recession on end-user energy demand. This key industry drivers market research report looks at what the major opportunities will be in 2012 to help you plan your strategy to profit from them.Provides a comprehensive view of trends emerging in the European industry to help with business and strategy planning.Analyzes the impact of the region’s key developments and what strategies industry players should adopt as a consequence.

Renewable Energy Industry in Europe

OVERVIEW
•Catalyst
•Summary
•Methodology
POWER GENERATION ECONOMICS
•Over the coming decade levelized cost comparisons suggest that fossil fuels will continue to play an important role, and offshore wind and solar costs are expected to fall
•Declining rates of growth in EUR pean clean tech investment are expected, hindered by uncertain and slow-paced government support
POWER GENERATION MARKET TRENDS
•EUR pe faces tough additional capacity decisions in changing industry conditions, and Germany's exit from nuclear and transition to renewables will be a showcase to the world
•Coal will decline in Western EUR pe, but energy security needs and co-firing will ensure that unabated coal does not completely die out
- Biomass co-firing is becoming an increasingly interesting option for coal plant owners to consider
•CCS is the lifeline for coal and will face continued obstacles to its development through 2012, but the EU NER300 Scheme will provide an added boost
•Gas is the fuel of choice for power generators, and EUR pean shale gas exploration activity will increase in 2012
- Shale gas exploration is set to increase in 2012
•Nuclear is not dead post Fukushima: there will be added emphasis on safety, which will only add to rising costs
•Solar is fast approaching grid parity and concentrated solar power will see strong growth too, but is limited by EUR pean sunlight levels
- Concentrated solar power
•If it was not for cost, the future for wind would be entirely offshore; as costs decrease offshore wind will become increasingly attractive
•The biomass market is poised for growth
•Wave and tidal power is fast becoming ready for mass commercialization
•Hydroelectric power, especially pumped storage in Nordic and Alpine regions, promises the most growth to accompany intermittent renewables on the grid
•Geothermal energy is limited in EUR pe: Enhanced Geothermal Systems will dominate
•Microgeneration is set to grow but rests heavily upon feed-in tariffs, which are being cut across EUR pe
POWER GENERATION NETWORKS
•Preparation activity for the smart grid will increase in 2012, as it is expected to be fully enabled by 2025 across EUR pe
- The EUR pean super grid
- Germany
- UK
- Italy
- Electric vehicles
- Involvement of non-automotive segments in EV evolution
- Domestic charging: integration with the smart grid
CONCLUSION
•Author's view
- Summary of generation and networks trends in 2012
APPENDIX
•Disclaimer

TABLES
•Table: Fossil fuel emission levels (£/billion British thermal units of energy input), 1998
•Table: Predicted UK and EU offshore wind capacity (GW), 2011
•Table: Current offshore wind capacity and capacity under construction (MW), 2011
•Table: Interconnections for first phase of EUR pean supergrid (GW), 2011

FIGURES
•Figure: Comparative levelized costs of renewable power generation in the UK (£/MWh), 2011
•Figure: Comparative cost of renewable power generation in the UK (£/MWh), 2017f
•Figure: Comparative levelized cost of electricity in the UK (£/MWh) 2010–2023f
•Figure: Organisation for Economic Co-operation and Development: EUR pe Electricity Generation (billion kWh), 2010–20f
•Figure: Organisation for Economic Co-operation and Development EUR pe Capacity (GW), 2010–18f
•Figure: Nuclear capacity growth projection (GW), 2010–2020f
•Figure: Projected renewable power generation capacity in the EU (GW), 2009 and 2020f
•Figure: Projected total wind power capacity onshore and offshore (GW), 2005–2020f
•Figure: Calculated average annual growth for capacity of biomass electricity, all biomass input categories (percentage per year), 2005–20f
•Figure: Projected tidal, wave, and ocean energy electric capacity (MW), 2005–20f
•Figure: Schematic for smart grid, 2011
•Figure: Global next generation smart grid technology market sales ($bn), 2010–20f



Companies mentioned
Aquamarine Power, Deutsche Post DHL, EUR pean Investment Bank, General Mills, Inc., Hutchison 3G UK Limited, Metcash Limited, OAO Gazprom, Renault SA, Siemens Aktiengesellschaft, Unit 4 N.V., WPP Group plc

Geothermal Energy in Europe

Europe Western Europe Generation, Geothermal, Kwh Per Capita

• $ 250
• Industry data
• February 2013

Yearly, From 1999 To 2021
By Business Monitor International
Source: BMI

• Industries : Renewable Energy
• Countries : Europe

Europe Western Europe Capacity, Geothermal, % Of Total Non-hydroelectric Renewables Capacity

• $ 250
• Industry data
• February 2013

Yearly, From 1999 To 2021
By Business Monitor International
Source: BMI

• Industries : Renewable Energy
• Countries : Europe

Europe Cee Generation, Geothermal, Kwh Per Capita

• $ 250
• Industry data
• February 2013

Yearly, From 1999 To 2021
By Business Monitor International
Source: BMI

• Industries : Renewable Energy
• Countries : Europe

Europe Cee Capacity, Geothermal, % Of Total Non-hydroelectric Renewables Capacity

• $ 250
• Industry data
• February 2013

Yearly, From 2007 To 2021
By Business Monitor International
Source: BMI

• Industries : Renewable Energy
• Countries : Europe

Europe Western Europe Generation, Geothermal As % Of Total Non-hydropower Renewables Generation

• $ 250
• Industry data
• February 2013

Yearly, From 1999 To 2021
By Business Monitor International
Source: BMI

• Industries : Renewable Energy
• Countries : Europe

Renewable Energy in Europe

Europe Western Europe Generation, Non-hydropower Renewables, Twh

• $ 250
• Industry data
• February 2013

Yearly, From 1999 To 2021
By Business Monitor International
Source: BMI

• Industries : Renewable Energy
• Countries : Europe

Europe Western Europe Generation, Non-hydropower Renewables, Kwh Per Capita

• $ 250
• Industry data
• February 2013

Yearly, From 1999 To 2021
By Business Monitor International
Source: BMI

• Industries : Renewable Energy
• Countries : Europe

Europe Western Europe Capacity, Non-hydroelectric Renewables, Mw

• $ 250
• Industry data
• February 2013

Yearly, From 1999 To 2021
By Business Monitor International
Source: BMI

• Industries : Renewable Energy
• Countries : Europe

Europe Cee Generation, Non-hydropower Renewables, Kwh Per Capita

• $ 250
• Industry data
• February 2013

Yearly, From 1999 To 2021
By Business Monitor International
Source: BMI

• Industries : Renewable Energy
• Countries : Europe

Europe Cee Capacity, Non-hydroelectric Renewables, Mw

• $ 250
• Industry data
• February 2013

Yearly, From 2007 To 2021
By Business Monitor International
Source: BMI

• Industries : Renewable Energy
• Countries : Europe