The Western European Electricity Market Outlook 2008: Country profiles of supply, demand, regulation and infrastructure

The Western European Electricity Market Outlook 2008: Country profiles of supply, demand, regulation and infrastructure

The Western European Electricity Market Outlook 2008
Country profiles of supply, demand, regulation and infrastructure

The changes in Western Europe's electricity markets stemming from liberalisation, EU enlargement, new market entrants and environmental issues continue to drive dynamism in the market.

The Western European Electricity Market Outlook 2008 is a newly updated management report that provides a comprehensive examination of the electricity market landscape in each of the major Western European markets and predicts future market trends. This report also provides an in-depth analysis of 19 highly dynamic Western European electricity markets, with detailed data on supply and demand balances. The country profiles also feature an overview of supply and demand, an examination of key governmental, legal and political influences on the sector and an analysis of international trading and infrastructure.

Use this report to identify and exploit new profit opportunities created by Western European electricity market expansion and anticipate future market risks.

This new report will provide you with

• Profiles of each country’s electricity infrastructure detailing installed capacity by plant type, power stations, transmission and distribution networks, ownership and also full colour maps of each country’s power grids.

• Electricity supply data in GWh including power production and capacity by fuel input, and import and export levels from 1990 to 2007

• Key electricity demand data in GWh by consumer type detailing residential and industrial usage including end-user demand data from 1990 with forecasts to 2020.

• Analysis of each country’s regulatory structures including EC directives, local legislation, market reforms, re-structure, tariffs, key players and foreign investment helping you to understand the Western European competitive landscape.

Some key findings from this report
• Nearly 30% of Germany’s electricity is produced from the country’s 19 nuclear power plants. The government is commited to phase out these plants by 2021, and is now encouraging further investment in renewable capacity, particularly wind.

• Greece has followed EU regulations regarding the liberalization of the electricity market. In July 2004 all non-household customers became eligible to choose their electricity supplier and by July 2007, the market was designated to be completely open.

• The Dutch market shows signs of being an oligopoly where vertical integration is widespread. Many of the Dutch industry’s major players are European utilities such as E.On and Electrabel.

• Full opening of the Swiss market is only scheduled for 2009 at the earliest. It remains closed to competition, although legislation was developed in 2007 towards greater liberalization.

• Finland’s electricity prices for both domestic and industrial consumers are among the lowest in Europe by a significant margin. Competition in the Finnish market began in 1997 with foreign investment quickly becoming significant.

Table of Contents
The Western European Electricity Market Outlook
2008
Chapter 1 Austria 14
Market summary 14
Supply and demand balance 15
Supply overview 16
Demand overview 17
Regulatory structure 19
Infrastructure 21
Chapter 2 Belgium 28
Market summary 28
Supply and demand balance 29
Supply overview 30
Demand overview 31
Regulatory structure 33
Infrastructure 36
Chapter 3 Cyprus 40
Market summary 40
Supply and demand balance 41
Supply/Demand Overview 42
Regulatory structure 44
Infrastructure 45
Chapter 4 Denmark 50
Market summary 50
Supply and demand balance 51
Supply overview 52
Demand overview 53
Regulatory structure 55
Infrastructure 58
Chapter 5 Finland 64
Market summary 64
Supply and demand balance 65
Supply overview 66
Demand overview 67
Regulatory structure 69
Infrastructure 72
Chapter 6 France 76
Market summary 76
Supply and demand balance 77
Supply overview 77
Demand overview 79
Regulatory structure 81
Infrastructure 84
Chapter 7 Germany 90
Market summary 90
Supply and demand balance 91
Supply overview 91
Demand overview 93
Regulatory structure 95
Infrastructure 98
Chapter 8 Greece 106
Market summary 106
Supply and demand balance 107
Supply overview 108
Demand overview 109
Regulatory structure 112
Infrastructure 113
Chapter 9 Ireland 118
Market summary 118
Supply and demand balance 119
Supply overview 120
Demand overview 121
Regulatory structure 123
Infrastructure 126
Chapter 10 Italy 132
Market summary 132
Supply and demand balance 133
Supply overview 134
Demand overview 135
Regulatory structure 137
Infrastructure 141
Chapter 11 Luxembourg 148
Market summary 148
Supply and demand balance 149
Supply overview 150
Demand overview 151
Regulatory structure 153
Infrastructure 154
Chapter 12 Malta 158
Market summary 158
Supply and demand balance 159
Supply overview 160
Demand overview 161
Regulatory structure 163
Infrastructure 164
Chapter 13 Netherlands 168
Market summary 168
Supply and demand balance 169
Supply overview 170
Demand overview 171
Regulatory structure 173
Infrastructure 175
Chapter 14 Norway 180
Market summary 180
Supply and demand balance 181
Supply overview 182
Demand overview 183
Regulatory structure 185
Wholesale Environment 185
Infrastructure 186
Chapter 15 Portugal 190
Market summary 190
Supply and demand balance 191
Supply overview 192
Demand overview 193
Regulatory structure 195
Infrastructure 198
Chapter 16 Spain 204
Market summary 204
Supply and demand balance 205
Supply overview 206
Demand overview 207
Regulatory structure 209
Competition 210
Mergers 211
MIBEL 212
Implementation of EU Directives 213
Infrastructure 214
Chapter 17 Sweden 222
Market summary 222
Supply and demand balance 223
Supply overview 224
Demand overview 225
Regulatory structure 227
Infrastructure 229
Chapter 18 Switzerland 234
Market summary 234
Supply and demand balance 235
Supply overview 236
Demand overview 237
Regulatory structure 239
Infrastructure 241
Chapter 19 United Kingdom 246
Market summary 246
Supply and demand balance 247
Supply overview 248
Demand overview 250
Regulatory structure 251
Infrastructure 254
List of Figures
Figure 1.1: Austria’s power production by fuel input, 2007 16
Figure 1.2: Austria’s power production by fuel input, 1990–2007 17
Figure 1.3: Austria’s power consumption by sector, 2007 18
Figure 1.4: Austria, End User Demand, 1961-2004 18
Figure 1.5: Austria Power generation capacity by type, 1990-2007e 23
Figure 1.6: Power grid in Austria 24
Figure 1.7: Tirag Network Grid 24
Figure 1.8: Verbund Power Grid 25
Figure 2.9: Belgium power production by fuel input, 2007e 30
Figure 2.10: Belgium power production by fuel input, 1990-2007e 31
Figure 2.11: Belgium power end user demand, trends and forecast, 1990-2020 32
Figure 2.12: Belgium power end user demand, 2007e 32
Figure 2.13: Belgium power installed capacity by type, 1990-2006 36
Figure 2.14: Belgium Power Grid 38
Figure 3.15: Cyprus power production by fuel input, 1990-2007e 42
Figure 3.16: Cyprus’s power consumption by sector, 2007e 43
Figure 3.17: Cyprus power end user demand, 1998-2013 44
Figure 3.18: Cyprus power generation capacity by type, 1990-2006 47
Figure 3.19: Cyprus, Transmission Grid 47
Figure 4.20: Denmark, Power Production by Fuel Input, 2007 52
Figure 4.21: Denmark’s power production by fuel input, 1990-2007 53
Figure 4.22: Denmark’s power sector by consumption proportions, 2007 54
Figure 4.23: Denmark’s power consumption trend and forecast, 1990-2020 54
Figure 4.24: Denmark’s power installed capacity by type, 1990-2006 58
Figure 4.25: Eastern Danish Grid 60
Figure 4.26: Western Danish Grid 61
Figure 5.27: Finland’s power production by fuel input, 2007 66
Figure 5.28: Finland’s power production by fuel input, 1990-2007 67
Figure 5.29: Finland’s sector by consumption proportions, 2007 68
Figure 5.30: Finland’s power consumption trend and forecast, 1990-2020 68
Figure 5.31: Finland’s power installed capacity by type, 1990-2006 73
Figure 5.32: Fingrid OY Transmission Grid 74
Figure 6.33: France’s power production by fuel input, 2007 78
Figure 6.34: France’s power production by fuel input, 1990-2007 79
Figure 6.35: France power end user demand, trends and forecast, 1990-2020 80
Figure 6.36: France power end user demand, 2007 80
Figure 6.37: France power installed capacity by type, 1990-2006 85
Figure 6.38: France, RTE 400kV and 225kV Network 87
Figure 7.39: Germany, Power Production by Fuel Input, 2007 92
Figure 7.40: Germany’s power production by fuel input, 1990-2007 93
Figure 7.41: Germany’s power consumption trend and forecast, 1990-2020 94
Figure 7.42: Germany’s power sector by consumption proportions, 2007 94
Figure 7.43: Germany’s power installed capacity by type, 1990-2006 101
Figure 7.44: German Power Grid 102
Figure 7.45: German Distribution Areas Power Grid 103
Figure 7.46: Germany network extension up to 2015 103
Figure 8.47: Greece’s power production by fuel input, 2007e 108
Figure 8.48: Greece’s power production by fuel input, 1990-2007e 109
Figure 8.49: Greece’s power consumption by sector, 2007e 110
Figure 8.50: Greece power end user demand, 1993-2020 111
Figure 8.51: Greece power generation capacity by type, 1990-2007e 115
Figure 8.52: Greece’s transmission grid 115
Figure 8.53: Greek power stations 116
Figure 9.54: Ireland’s power production by fuel input, 2007e 120
Figure 9.55: Ireland’s power production by fuel input, 1990-2007e 121
Figure 9.56: Ireland’s power consumption by sector, 2007e 122
Figure 9.57: Ireland power end user demand, 1990-2020 122
Figure 9.58: Ireland power generation capacity by type, 1990–2007e 128
Figure 9.59: Ireland’s power grid 129
Figure 10.60: Italy’s power production by fuel input, 2007 134
Figure 10.61: Italy’s power production by fuel input, 1990–2007 135
Figure 10.62: Italy’s power consumption by sector, 2007 136
Figure 10.63: Italy power end user demand, 1990–2020 136
Figure 10.64: Italy power generation capacity by type, 1990–2007e 143
Figure 10.65: Italy’s 380kV grid 144
Figure 10.66: Italy’s 220kV grid 145
Figure 11.67: Luxembourg’s power production by fuel input, 2007e 150
Figure 11.68: Luxembourg’s power production by fuel input, 1990-2007e 151
Figure 11.69: Luxembourg’s power consumption trends and forecast, 1990-2020 152
Figure 11.70: Luxembourg’s power sector by consumption proportions, 2007e 152
Figure 11.71: Luxembourg’s power generation capacity by type, 1990-2005 155
Figure 12.72: Malta power production by fuel input, 2007e 160
Figure 12.73: Malta power production by fuel input, 1990-2007e 161
Figure 12.74: Malta power end user demand, trends and forecast, 1990-2020 162
Figure 12.75: Malta power end user demand, 2007e 162
Figure 12.76: Malta power installed capacity, 1994-2006 165
Figure 12.77: Maltese Transmission Grid 166
Figure 13.78: Netherlands power production by fuel type, 2007 170
Figure 13.79: Netherlands power production by fuel type, 1990-2007 171
Figure 13.80: Netherlands power sector by consumption proportions, 2007 172
Figure 13.81: Netherlands power consumption trend and forecast, 1990-2020 172
Figure 13.82: Netherlands power installed capacity, 1990-2006 175
Figure 13.83: Dutch Power Grid 178
Figure 14.84: Norway’s power production by fuel input, 2007e 182
Figure 14.85: Norway’s power production by fuel input, 1990-2007e 183
Figure 14.86: Norway’s power consumption trends and forecast, 1990-2020 184
Figure 14.87: Norway’s power sector by consumption proportions, 2007e 184
Figure 14.88: Norway’s power generation capacity by type, 1990-2005 187
Figure 14.89: Norway Power Grid 188
Figure 15.90: Portugal power production by fuel input, 2007e 192
Figure 15.91: Portugal power production by fuel input, 1990-2007e 193
Figure 15.92: Portugal power end user demand, trends and forecast, 1990-2020 194
Figure 15.93: Portugal power end user demand, 2007e 194
Figure 15.94: Portugal power installed capacity by type, 1975-2005 198
Figure 15.95: Portugese Power Grid 200
Figure 15.96: Portugese Power Grid 201
Figure 16.97: Spain, Power Production by Fuel Input, 2007 206
Figure 16.98: Spain’s power production by fuel input, 1990-2007 207
Figure 16.99: Spain’s power consumption by sector, 2007 208
Figure 16.100: Spain power end user demand, 1990-2020 208
Figure 16.101: Spain power generation capacity by type, 1990-2007e 218
Figure 16.102: Spanish Power Grid 219
Figure 16.103: Spanish Power Stations 220
Figure 17.104: Sweden, Power Production by Fuel Input, 2004 224
Figure 17.105: Sweden’s power production by fuel input, 1990-2007e 225
Figure 17.106: Sweden’s power sector by consumption proportions, 2007e 226
Figure 17.107: Sweden’s power consumption trend and forecast, 1990-2020 226
Figure 17.108: Sweden’s power installed capacity by fuel type, 1990-2005 230
Figure 17.109: Swedish Power Grid 231
Figure 18.110: Switzerland’s power production by fuel input, 2007e 236
Figure 18.111: Switzerland’s power production by fuel input, 1990-2007e 237
Figure 18.112: Switzerland’s power consumption by sector, 2007e 238
Figure 18.113: Switzerland power end user demand, 1990-2020 238
Figure 18.114: Switzerland power generation capacity by type, 1990-2006e 242
Figure 18.115: Swiss Power Grid 243
Figure 18.116: Swiss Power Grid 243
Figure 19.117: United Kingdom’s power production by fuel input, 2007 248
Figure 19.118: United Kingdom’s power production by fuel input, 1990-2007 249
Figure 19.119: United Kingdom’s power consumption trend and forecast, 1990-2020 250
Figure 19.120: United Kingdom’s power sector by consumption proportions, 2007 251
Figure 19.121: United Kingdom’s power installed capacity by type, 1990-2006 255
Figure 19.122: United Kingdom Power Grid 259
Figure 19.123: UK Network Interconnectors 260
List of Tables
Table 1.1: Austria Power supply and demand balance, 2006-07e* (GWh) 15
Table 1.2: Belgium power supply and demand balance, 2006-07e*(GWh) 29
Table 1.3: Cyprus Power supply and demand balance, 2006-07e* (GWh) 41
Table 1.4: Denmark Power supply and demand balance, 2006-07e* (GWh) 51
Table 1.5: Finland Power supply and demand balance, 2006-07e* (GWh 65
Table 1.6: France Power supply and demand balance, 2006-07e* (GWh) 77
Table 1.7: Cross-border lines from the RTE Network 87
Table 1.8: Germany Power supply and demand balance, 2006-07e (GWh) 91
Table 1.9: Greece Power supply and demand balance, 2006-07e* (GWh) 107
Table 1.10: Ireland Power supply and demand balance, 2006-07e* (GWh) 119
Table 1.11: Italy Power supply and demand balance, 2006-07e* (GWh) 133
Table 1.12: Luxembourg Power supply and demand balance, 2006-07e* (GWh) 149
Table 1.13: Malta Power supply and demand balance, 2006-07e* (GWh) 159
Table 1.14: Netherlands Power supply and demand balance, 2006-07 (GWh) 169
Table 1.15: Norway Power supply and demand balance, 2006-07e* (GWh) 181
Table 1.16: Portugal Power supply and demand balance, 2006-07e* (GWh) 191
Table 1.17: Spain Power supply and demand balance, 2006-07 (GWh) 205
Table 1.18: Sweden Power supply and demand balance, 2006-07 (GWh) 223
Table 1.19: Switzerland Power supply and demand balance, 2006-07e* (GWh) 235
Table 1.20: United Kingdom Power supply and demand balance, 2006-07e* (GWh) 247