Investor Response to Consumer Elasticity

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CEESA
Coherent Energy and Environmental System Analysis
Senior Research Specialist Poul Erik
Morthorst Risø National Laboratory The Technical
University of Denmark
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Development of Long Term Sustainable Energy
System Scenarios
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Organisation I

• Funded by the Strategic Research Council as a 4
  year project
• Partners

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Organisation II

• Subdivided into 5 Work Packages
• WP 1 Long term sustainable energy system
  scenarios Definition and Development
• WP2 Renewable Energy in Transportation,
  especially biomass
• WP3 The Future Electric Power System
  Centralized and/or Decentralized Solutions
• WP4 Market Development and Public Regulation
  instruments to implement the sustainable
  scenarios
• WP5 Environmental Assessment of Energy Scenarios
  - LCA

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WP-interactions
Development of Preliminary Scenarios Preliminary
LCA-screening
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WP-interactions
Final Scenarios including LCA-analyses
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100 Renewable Scenarios
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100 Renewable Scenarios

• Three scenarios
• Mostly Wind
• Mostly Biomass
• High Demand

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Scenarios developed for the Danish association of
Engineers
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(No Transcript)
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Main Issues

• How do we implement and regulate the large
  amounts of wind energy in the energy system?
• How do we achieve a considerable amount of energy
  Conservation?
• Is there a conflict between large savings in room
  heating and utilisation of the district heating
  and natural gas networks?
• Will we have a centralised or a decentralised
  power system structure in the future?
• New fuels have to be introduced in transportation

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Wind power in Western Denmark
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Wind power in Western Denmark
Wind Power covered approx. 44 of Power
consumption in January in Western Denmark
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Wind power in Western Denmark
Wind Power covered approx. 44 of Power
consumption in January in Western Denmark
and 36 on average in Denmark
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Impact on Spot Price
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Main Issues

• How do we implement and regulate the large
  amounts of wind energy in the energy system?
• How do we achieve a considerable amount of energy
  Conservation?
• Is there a conflict between large savings in room
  heating and utilisation of the district heating
  and natural gas networks?
• Will we have a centralised or a decentralised
  power system structure in the future?
• New fuels have to be introduced in transportation