Renewable Energy Sources in Greece, within the

crisis environment

4th InnoForum, May 2012, Athens, Greece

 2011 HWEA Wind Statistics

Total installed MW per year

1626,5

1320,4

1154,6

996,0

849,5
748,9

602,5
480,1
407,9

275,9 292,2
234,1
105,8
18,7 25,3 25,9 26,6 38,1
0,8 1,1 1,5 3,9

1987 1989 1990 1991 1992 1993 1994 1995 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

The HWEA Wind Statistics take into account the wind capacity which are in commercial or test operation in
Greece and it is based on sources from the market actors.
 2011 HWEA Wind Statistics

Installed MW per region

CENTRAL (STEREA) GREECE 521,30

PELOPONNESE 300,30

EASTERN MACEDONIA & THRACE 240,55

CRETE 174,20

WESTERN GREECE 123,55

IONIAN ISLANDS 73,20

SOUTHERN AEGEAN SEA 66,01

CENTRAL MACEDONIA 41,00

NORTHERN AEGEAN SEA 31,36

WESTERN MACEDONIA 24,00

THESSALIA 17,00

ATTICA 14,06
 2011 HWEA Wind Statistics

Installed MW per wind energy producer

EDF 272,03
IBERDROLA Rokas 250,68
TERNA Energy 241,52
ENEL 172,45
ELLAKTOR 126,75
PPC Renewables 60,55
EUNICE 59,8
RF ENERGY 58
ACCIONA 43,61
BABCOCK & BROWN 42
PROTERGIA 35,6
ENERCON 27,5
WP IWECO 26,85
BCI 24,65
JASPER ENERGY 22,06
GAMESA 21,93
IKTINOS 19,8
ENVITEC 16,05
ENTEKA 15,02
PLASTIKA KRITIS 11,9
WRE 10,2
AEROTECHNIKI 10,2
RENINVEST 10
OTHERS <10 47,4
 2011 HWEA Wind Statistics

Installed MW per year per supplier

350

300

250

200

150

100

50

0
1987 1989 1990 1991 1992 1993 1994 1995 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

-50
ACCIONA ENERCON GAMESA NEG Micon NORDEX SIEMENS VESTAS OTHERS
 2011 HWEA Wind Statistics

2010 Installed MW per supplier 2011 Installed MW per supplier

6 0
52,65

ACCIONA ACCIONA
63,85
58,9 ENERCON ENERCON
139,95
GAMESA GAMESA
NORDEX 68,6 NORDEX
VESTAS VESTAS

0
38 50

Total new capacity installed in 2010: Total new capacity installed in 2011 :
166,75 MW 311,20 MW
 2011 HWEA Wind Statistics

Installed MW per wind supplier Market share per supplier

3%
VESTAS 797,98
5%
ENERCON 350,84 ΛΟΙΠΟΙ
10%
NORDEX
SIEMENS 196,2
49% 12% GAMESA
GAMESA 155,05 SIEMENS

NORDEX 78,15 ENERCON

22% VESTAS
ΛΟΙΠΟΙ 48,31

0 200 400 600 800 1000

PV Statistics 2011 - HELAPCO
 RES Statistics 2011 – Ministry EECC

ΕΓΚΑΤΕΣΤΗΜΕΝΗ ΙΣΧΥΣ
Installed Capacity 2011 [MW]
(MW)
3000

2500

2000

1500

1000

500

0
ΑΙΟΛΙΚΑ ΒΙΟMAZA ΜΗΥΣ Φ/Β ΣΥΝΟΛΟ
2009 1171,11 40,80 182,91 48,22 1443,04
2010 1297,75 41,05 197,13 202,24 1738,17
2011 1635,87 44,53 205,63 625,57 2511,60
Without RES, the cost of capital is reduced. However the fuel cost and the CO2
payments are increased. The latter increase is bigger from the cost of capital reduction
even for a relative low CO2 price (20 €/tn )
Πηγή: Εργαστήριο Ενέργειας Οικονομίας Περιβάλλοντος ΕΜΠ,
http://www.eletaen.gr/drupal/sites/default/files/meleti_emp.pdf
 Πηγή: ΕC Working documents SEC 2008(57) 23.1.2008
http://ec.europa.eu/energy/climate_actions/doc/2008_res_working_document_en.pdf
Πηγή: Wind Energy and Electricity Prices, POYRY – EWEA, April 2010
http://www.eletaen.gr/drupal/sites/default/files/ewea/MeritOrder.pdf
 • RES reduce the wholesale price
(System Marginal Price – 9.5 € /
ΜWh according to Primes
simulation for 2011) and thus they
reduce the suppliers cost

• RES contribute capacity in the

system (capacity credit) and thus
they save capacity payments for
conventional power units

• The SMP does not represent the

actual generation cost.

• The actual additional cost/benefit

of RES is not properly represented
in the retail bills.

Πηγή: Εργαστήριο Ενέργειας Οικονομίας Περιβάλλοντος ΕΜΠ,

http://www.eletaen.gr/drupal/sites/default/files/meleti_emp.pdf
 2009 2010 Σύνολο διετίας

Σύνολο πληρωμών προς ΑΠΕ 313 385 698,0

Σύνολο σημερινού ΕΤ-ΑΠΕ με την υπόθεση
ότι ισοσκελίζει ο λογαριασμός κάθε έτος 104 127 231,0

Σύνολο κατανάλωσης (GWh) 55,1 55,2 110,3

ΕΤ-ΑΠΕ με ορθότερο υπολογισμό 50,7 66,2 116,9

Επιδότηση εμπορίας 53,3 60,8 114,1

Ποσά σε εκατ. Ευρώ

 Period Benefit

Total RES investments 2011-2020 13,4 δισ. €

Benefit in the balance of current accounts
(ισοζύγιο τρεχουσών συναλλαγών) due to
imported fuels savings 2011-2020 5 δισ. €

CO2 Savings 2011-2020 1,5 δισ. €

Additional GDP 2020 due to RES 2020 3,1 – 4 % units

Additional GDP 2020 due to RES 2020 8,6 - 11 bil. €

Aggregated increase of GDP due to RES 2011-2020 34 - 61 bil. €

 Period Benefit

New employment up to 2020 50.000 - 54.000

Benefit for the commerce balance due to RES

installed during the period 2011-2010 2011-2035 10 bil. €
from -0,5% of GDP is
Benefit on the General Government Deficit becomes +0,3% up to
due to RES on 2020 2020 +1% of GDP
Benefit on the Public Deficit due to RES on
2020 2020 15-20 %units of GDP

Payments to local societies due to RES 2020 70 mil. €

RES reduce the total generation cost

The role of the National Action Plan for RES is crucial

RES contributes significant macroeconomics and development

benefits