Pasi Vainikka (VTT) - Energiainvestoinnit ennen, nyt ja tulevaisuudessa 18022016

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…ENNEN, NYT JA TULEVAISUUDESSA

17.2.2016Smart Energy Transition –seminaari,Aalto-yliopiston kauppakorkeakoulu

Pasi Vainikka

Johtava tutkija, VTTDosentti, LUT

/ TOPICS 1. COP21. What did we agree?

2. Energy and electricity

3. Architecture• Physical• Internet of energy

4. The energy market. Pricing.

5. Energy security & Warfare

What did we agree in Paris 2015?

Country pledges for 2030

/ THE OPTIONS FOR ENERGY SOURCES

NUCLEAR

CCS

RENEWABLES

/ARCHITECTURE

SOLAR AND WIND

NEOCARBONISATION

BRIDGING

STORAGE

/ LESSON #1: COMBUSTION IS HISTORY, ELECTRIFY EVERYTHING

ENERGY MARKET = ELECTRICITY MARKET

CONSUMPTION & PRODUCTION

/ HOW DOES IT LOOK IN

OPERATION

Source: Nordpool, 2012

Production follows consumption every second

Finland, February 2012

Case: East Japan 2050

Source: Breyer, C., Bogdanov, D., 2014. North-East Asian Super Grid for 100% Renewable Energy power supply.

/ IT’S THE INTERNET OF EVERYTHING, MAN

THE ENERGY CLOUD

RESIDENTIAL COMMERCIAL

INDUSTRIAL

POWER PLANT

ONE-WAY POWER SYSTEM

TRANSMISSION

/ LESSON #2: A REAL TIME ELECTRICITY MARKET CAN BE

ESTABLISHED

SO REAL TIME, IT IS IN FACT A POWER MARKET

/ EXAPLE OF PROGRESS

/ DENMARK JULY 2015

From hourly averages 2015 Q1-Q2: - Wind from consumption: ’ONLY’ 43%- For selected hours 140% from consumption- Capacity factor: 34%, 2940h- Installed capacity: 4900 MW

/ LESSON #3: HOW THE PRICE IS FORMED? VALUE IS

IN THE SERVICES

END OF THE ’BRETTON WOODS OF ENERGY’

/ ENERGY SECURITY

• It is a 80% fossil world

THE ENERGY CLOUD

RESIDENTIAL COMMERCIAL

INDUSTRIAL

POWER PLANT

ONE-WAY POWER SYSTEM

TRANSMISSION

/ LESSON #4: ENERGY SECURITY GETS A NEW

MEANING

FROM PHYSICAL ASYMMETRY TO CYBER SECURITY

/ DO WE KNOW HOW GOOD THE MARGINAL ENERGY ONLY MARKET IS IN CAPACITY ADDITIONS?

Historical power generation capacityFIN+SWE+NOR

1950-1980

Capacity additionsFIN+SWE+NOR

Capacity additionsNOR

Capacity additionsSWE

Capacity additionsFIN

/ LESSON #5: (CURRENT) MARKET BASED CAPACITY

ADDITIONS DO NOT MAKE SENSE

AND WE HAVE NOT EVEN DISCUSSED CONSUMPTION &

STORAGE YET

http://www.hs.fi/paakirjoitukset/a1455255331872

/ TOPICS 1. COP21. What did we agree?

2. Energy and electricity

3. Architecture• Physical• Internet of energy

4. The energy market. Pricing.

5. Energy security & Warfare

EMISSION-FREEFUTURE NOW

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