Electricity

ENTSO-E Winter Outlook: Supply risks possible in six European countries

ENTSO-E Winter Outlook supply risks possible in six European countries

Photo: Neuro Image from Pixabay

Published

December 5, 2022

Country

Comments

comments icon

0

Share

Published:

December 5, 2022

Country:

Comments:

comments icon

0

Share

The European Network of Transmission System Operators (ENTSO-E) sees risks in securing a balance between the supply and demand of electricity this winter in Cyprus, Finland, France, Ireland, Malta, and Sweden.

ENTSO-E’s warning is part of the Winter Outlook 2022-2023, an analysis of the security of electricity supply on a pan-European level.

The organization stressed that the outlook is quite different from previous years due to several unique factors – the war in Ukraine, the summer drought, and the low nuclear availability in Europe, especially France.

The European electricity system remains highly dependent on gas

Authors of the outlook identified the adequacy risks and pointed out that they are higher compared to previous winters.

“The main system stresses are identified in the Irish, France, Southern Sweden, Finland, Malta and Cyprus systems where loss of load expectation (the expectation that available generation capacity will be inadequate to supply customer demand at any given moment – LOLE) has risen to higher levels than previous winters and there are simultaneous scarcity situations in various countries,” according to the report.

The electricity system remains highly dependent on gas, with minimum gas needs for electricity adequacy equal to approximately one third of total European usable gas storage. However, favorable weather conditions may relieve reliance on gas for the power system, the outlook reads.

Nuclear availability and coal supply must be closely monitored

Some additional risks may materialize and they have a substantial impact on the adequacy situation, especially if they coincide.

“Close follow-up is needed on the uncertainties around nuclear availability in France, Sweden and Finland, as well as coal supply in Germany and Poland,” according to the document.

Lowering electricity demand peaks by 5% will decrease the adequacy risk

ENTSO-E said that cutting the electricity demand peaks by 5%, as specified in Regulation (EU) 2022/1854 as an emergency intervention to address high energy prices, would significantly decrease the adequacy risk.

Continuous and close dialogue between transmission system operators and European and national authorities is ongoing to enable timely coordination and support risk preparedness efforts at all levels, ENTSO-E said.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Green for Growth Fund financial impact targets 2023

Green for Growth Fund tops its financial, impact targets in 2023

15 July 2024 - The Green for Growth Fund kept mitigating climate change and promoting sustainable economic growth last year in its 18 markets

Energy permit not needed for power plants under 1 MW in BiH

15 July 2024 - The Ministry of Energy, Mining and Industry has adopted the rulebook on issuing energy permits and it entered into force on July 6

koncar croatia siemens energy

Končar, Siemens Energy launch new joint venture

15 July 2024 - Croatia’s firm Končar and Siemens Energy have signed a joint venture agreement on the establishment of the Končar - Transformer Tanks

heatwave power exchange prices see europe serbia

What is behind electricity price spike in SEE: grid issues, and something more

13 July 2024 - Record high temperatures aren't the main cause of the record price increase on power exchanges, ranging from 50% to 170%