Integrated-Market-Model Contribution of the Thügagroup to the creation of a German Electricity Market Model 2.0

Transcription

1 Integrated-Market-Model Contribution of the Thügagroup to the creation of a German Electricity Market Model 2.0 Eva Hennig Brussels, 22 July 2013

2 The Thüga network encloses 450 municipalities and 90 municipal utility companies Target partnership model Cooperation among cities 450 Cities and municipalities Represented in 12 federal states Responsible for the living space of 8 million people Cities and municipalities are the majority shareholders of 90 municipal utilities Entrepreneurial network: Thüga group 2

3 The Thüga group constitutes the largest municipal network in Germany Key figures of the Thüga group (2012) Thüga-shareholdings (the Thüga group) Revenue: 22.3 billion Investments: 1.0 billion Gas sales: 116 billion kwh Electricity sales: 43 billion kwh Water sales: 287 million m 3 Gas customers: 2.1 million Electricity customers: 3.6 million Water customers: 0.9 million 105 Wind Generators with 204 MW Employees: Key figures of Thüga AG (2012) Equity: 2.6 billion Investment result: 340 million Profit and loss transfer: 415 million Employees: 267 3

4 Key parameters for the development of the proposed model Strong elements in favour of competition Free of discrimination against any market participant Technology neutral Full acceptance of German renewable energy targets Shared responsibility for security of supply between all producers Compatible with the European energy markets 4

5 Due to missing economical incentives Investments in guaranteed capacities will not happen Simplified presentation of the current dilemma on the production side Less investment in security of supply Increasing share of Renewables (80 % in the future) Profitability of conventional plants is reduced Renewable injection reduces operating times of conventional plants and lowers the merit-order-price 5

6 In the Integrated-Market-Model the consumer chooses his level of security of supply Production Market Demand Guaranteed Production: Conventional Power plants Dispatchable Renewable Power Plants (e.g. Biomass) Storage Unsecured Production: Renewable Power Plants (mainly PV and Wind) Supply of Electricity ( /MWh) Offers for guaranteed capacity ( /kw) Offers for unsecured capacity ( /kw) Commodity Market Joint-Energy- Market (JEM) Capacity-Market Guaranteed Capacity (EEX/OTC/Futures) Unsecured Capacity (e.g. auctions/tenders) Demand for Electricity ( /MWh) Demand for guaranteed capacity ( /kw) Demand for unsecured RES Capacity ( /kw) Large consumers, industry shippers & suppliers State/Regulator Medium and small Business Residential Political targets for renewable electricity production 6

7 The Integrated-Market-Model fosters a variety of entrepreneurial activities and the state to steer and set targets Consumer Supplier Producers State Consumers define their required level of secure supply and pay for it accordingly Demand side management and energy efficiency measures become more important to consumer to actively influence his bill New Business models with new products Can act as broker to buy security of supply certificates for the his costumers Storage New technologies can be developed e.g. P2G to convert unsecured capacity Unsecured capacity can be converted into guaranteed capacity trough pooling Shared responsibility for security of supply between all producers Conventional plants generate new income Direct marketing for RES commodities Auctions/tenders allow the state to steer RES deployment cost effectively Location of renewable power plants can be influenced and coordinated with grid situation Secure the European integrity of the model with the other member states 7

8 We believe that in the Integrated-market-model all actors share the responsibility to keep prices and security of supply in balance Eva Hennig Thüga AG