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The European Market for Pumped-storage Power Plants (Analyst Version) - Market Volumes – Projects – Strategies – Trends Product Image

The European Market for Pumped-storage Power Plants (Analyst Version) - Market Volumes – Projects – Strategies – Trends

  • Published: March 2010
  • Region: Europe
  • 126 Pages
  • Ecoprog

The European Market for Pumped-storage Power Plants

In the next ten years, the market for pumped-storage power plants will grow like never before. Until 2020, more than 60 new plants with an installed capacity of about 27 gigawatts will be constructed – which represents about the half of the current pumped-storage power plant stock and an investment volume of almost 26 billion euros.

The main reason for this beginning boom is the growing share of renewable energies of the total electricity generation – in the future, most notably, load fluctuations caused by energy from wind power and photovoltaics have to be compensated by storage.

The construction will focus on countries with proper natural conditions for pumped-storage power plants. Hence, first and foremost, facilities will be built in mountainous countries like Austria, Switzerland, Spain or Norway.

In the light of this development, ecoprog analysed the European market for pumped-storage power plants in detail. In doing so, we have not only included our own market knowledge, but also the expertise of public administrations, operators and plant manufacturers.

The up to date analysis READ MORE >

Preface for the analyst version
Preface
Management Summary

1 Background
1.1 Differentiation
1.2 Importance of pumped-storage power plants within the generation system
1.3 Problems of energy storage

2 Technology
2.1 Upper and lower reservoir (storage reservoirs)
2.2 Machine room
2.3 Extending/upgrading a storage power station to a pumped-storage power plant

3 Key economic figures
3.1 Investment costs
3.2 Operating costs
3.3 Revenues
3.4 Profit

4 Market factors and framework
4.1 Lengthy approvals decide on new pump storages
4.2 Development of renewable energies needs pumped-storage power plants
4.3 Pumped-storage power plants to be constructed for thermal baseload plants
4.4 Topographical preconditions
4.5 Development of transmission grids – precondition for new pump storages
4.6 At present, pumped-storage power plants are unrivalled in storing energy
4.7 Repowering and extension of pumped-storage and storage power plants
4.8 Public resistance against pumped-storage power plants

5 The market for pumped-storage power plants in Europe
5.1 Current plants
5.2 Market development

6 Competition
6.1 Turbine manufacturers
6.2 Operators

7 National markets
7.1 Austria
7.2 Belgium
7.3 Bulgaria
7.4 Czech Republic
7.5 Cyprus
7.6 Denmark
7.7 Estonia
7.8 Finland
7.9 France
7.10 Germany
7.11 Greece
7.12 Hungary
7.13 Iceland
7.14 Ireland
7.15 Italy 88
7.16 Latvia
7.17 Lithuania
7.18 Luxembourg
7.19 Malta
7.20 Netherlands
7.21 Norway
7.22 Poland
7.23 Portugal
7.24 Romania
7.25 Slovakia
7.26 Slovenia
7.27 Spain
7.28 Sweden
7.29 Switzerland
7.30 United Kingdom

Glossar

Methodology and data

Table of figures

Figure 1: Pumped-storage power plants in the energy business
Figure 2: Analysed area
Figure 3: Typical capacity fluctuations in an electrical grid
Figure 4: Example of load course development of a pumped-storage power plant
Figure 5: How a pumped-storage power plant works
Figure 6: Francis (pump) turbine
Figure 7: Pelton turbine
Figure 8: Kaplan turbine
Figure 9: Extension of a storage power station to a pumped-storage power plant
Figure 10: Allocation of investment costs for pumped-storage power plants
Figure 11: Examples for investment costs of new pumped-storage power plants
Figure 12: Operating costs of a pumped-storage power plant
Figure 13: Exemplary calculation of a pumped-storage power plant (300 MW)
Figure 14: Development of prices on the spot market 2010 (intraday)
Figure 15: Exemplary calculation of costs and revenues of a 300 MW pumped-storage power plant
Figure 16: Share of renewables of final gross energy consumption according to EU directive
Figure 17: Wind energy plant capacities in selected countries
Figure 18: Photovoltaic plant capacities in selected countries
Figure 19: Largest altitude differences in the European countries
Figure 20: Topography in Europe
Figure 21: Grid transfer capacity to and from Germany 2010
Figure 22: Extension of HVDC undersea connections in Europe
Figure 23: Existing pumped-storage power plants in Europe
Figure 24: Installed capacity of pumped-storage power plants in Europe
Figure 25: Installed capacity of pumped-storage power plants per 100,000 inhabitants
Figure 26: Average installed capacity per pumped-storage power plant
Figure 27: Number of pumped-storage power plants > 500 MW
Figure 28: Age of pumped-storage power plants in Europe
Figure 29: Average age of pumped-storage power plants by countries
Figure 30: Market development for the construction of pumped-storage power plants
Figure 31: Development of the market volume for pumped-storage power plants in Europe
Figure 32: Market volume by regions 2011-2020
Figure 33: Allocation of the market volume for pumped-storage power plants in Europe
Figure 34: Current projects of pumped-storage power plants in Europe 2011-2020
Figure 35: Market volume for pumped-storage power plants in Europe 2010-2020 (m euros)
Figure 36: Estimation of the market development in the individual European countries 2011-2020
Figure 37: Market shares of the largest turbine manufacturers for pumped storage power plants
Figure 38: Consolidation process of Andritz Hydro GmbH
Figure 39: Consolidation process of Voith Hydro GmbH
Figure 40: Market shares of the largest operators of pumped-storage power plants in Europe
Figure 41: Market shares of the operators of the largest new construction projects
Figure 42: Market forecast Austria
Figure 43: Power generation by energy sources in Austria
Figure 44: The biggest storage- and pumped-storage power plants in Austria
Figure 45: Project outlook Austria
Figure 46: Power generation by energy sources in Belgium
Figure 47: The biggest storage- and pumped-storage power plants in Belgium
Figure 48: Power generation by energy sources in Bulgaria
Figure 49: The biggest storage- and pumped-storage power plants in Bulgaria
Figure 50: Project outlook Bulgaria
Figure 51: Power generation by energy sources in Czech Republic
Figure 52: The biggest storage- and pumped-storage power plants in Czech Republic
Figure 53: Power generation by energy sources auf Cyprus
Figure 54: Power generation by energy sources in Denmark
Figure 55: Power generation by energy sources in Estonia
Figure 56: Project outlook Estonia
Figure 57: Power generation by energy sources in Finland
Figure 58: The biggest hydropower plants in Finland
Figure 59: Market forecast France
Figure 60: Power generation by energy sources in France
Figure 61: The biggest pumped-storage power plants in France
Figure 62: Market forecast Germany
Figure 63: Power generation by energy sources in Germany
Figure 64: Pumped-storage plants in the federal states of Germany
Figure 65: The biggest pumped-storage power plants in Germany
Figure 66: Project outlook Germany
Figure 67: Power generation by energy sources in Greece
Figure 68: Project outlook Greece
Figure 69: Power generation by energy sources in Hungary
Figure 70: Power generation by energy sources in Iceland
Figure 71: Power generation by energy sources in Ireland
Figure 72: Project outlook Ireland
Figure 73: Power generation by energy sources in Italy
Figure 74: The biggest Pump-storage and Storage Power Plants in Italy
Figure 75: Project outlook Italy
Figure 76: Power generation by energy sources in Latvia
Figure 77: Project outlook Latvia
Figure 78: Power generation by energy sources in Lithuania
Figure 79: Project outlook Lithuania
Figure 80: Power generation by energy sources in Luxembourg
Figure 81: Project outlook Luxembourg
Figure 82: Power generation by energy sources auf Malta
Figure 83: Power generation by energy sources
Figure 84: Market forecast Norway
Figure 85: Power generation by energy sources in Poland
Figure 86: Markprognose Portugal
Figure 87: Power generation by energy sources in Portugal
Figure 88: The biggest storage- and pumped-storage power plants in Portugal
Figure 89: Project outlook Portugal
Figure 90: Market forecast Romania
Figure 91: Power generation by energy sources in Romania
Figure 92: Project outlook Romania
Figure 93: Power generation by energy sources in Slovakia
Figure 94: The biggest pumped-storage und storage power plants in Slovakia
Figure 95: Project outlook Slovakia
Figure 96: Power generation by energy sources in Slovenia
Figure 97: Project outlook Slovenia
Figure 98: Market forecast Spain
Figure 99: Power generation by energy sources in Spain
Figure 100: The biggest storage- and pumped-storage power plants in Spain
Figure 101: Project outlook Spain
Figure 102: Market forecast Sweden
Figure 103: Power generation by energy sources in Sweden
Figure 104: Market forecast Switzerland
Figure 105: Power generation by energy sources in Switzerland
Figure 106: The biggest pumped-storage power plants und storage power plants in Switzerland
Figure 107: Project outlook Switzerland
Figure 108: Market forecast for the United Kingdom
Figure 109: Power generation by energy sources in the United Kingdom
Figure 110: The biggest storage- and pumped-storage power plants in the United Kingdom
Figure 111: Project outlook United Kingdom

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