Overview:

European electricity demand was volatile through 2009, with some countries seeing slight declines in demand. However, the longer term forecast is continued growth for the Western European electricity market as new power plants come on-stream.

‘The Western European Electricity Market Outlook 2010’ is an updated management report that provides a comprehensive examination of the electricity market landscape in each of the major Western European markets and predicts future market trends. This report also provides an in-depth analysis of 19 highly dynamic Western European electricity markets, with detailed data on supply and demand balances. The country profiles also feature an overview of supply and demand, an examination of key influences on the sector and an analysis of international trading and infrastructure. Use this report to identify and exploit new profit opportunities created by Western European electricity market expansion and anticipate future market risks.

Key features of this report

• Profiles of each country’s electricity infrastructure including power generation capacity by fuel input and electricity networks.
• An understanding of the Western European electricity market.
• Power supply data in TeraWatt-hours as well as production, interconnectors, imports and exports by country.
• Power demand data by consumer type divided into residential, non-residential and power generation in TeraWatt-hours.
• An overview of the wholesale electricity trading market in each country focussing on the market owners and operators, the active players, liquidity and future prospects.
• Power demand forecasts for each country to 2020, in addition to market trends detailing power production and demand by sector.

Key findings of this report

• Austrian government has planned capacity addition of around 7,508MW by 2017, planned addition for hydro and nuclear is around 2,693MW and 2,940MW respectively.
• Belgium’s high-voltage transmission network is made up of 380kV, 220kV, 150kV, 70kV, 36kV and 30kV lines and underground cables. Currently, the high-voltage transmission network consists of 2,765km of underground cables and 5,614km of overhead lines.
• Nearly two thirds of Denmark’s power production is sourced from coal. However, Denmark is also a pioneer in renewable energy and is one of the most prolific users of wind energy in the EU. Given its role as a producer of natural gas, Denmark is also a significant user of natural gas in the power generation sector.
• The vast majority of French power generation capacity is nuclear. France’s 58 nuclear reactors, located at 19 power stations, have a total capacity of over 63,260MW. Two more nuclear plants are planned by 2017.
• TenneT is the Dutch TSO and operates parts of the grid above 110 kV. There are 12 Distribution Network Operators owning and managing the middle and low voltage grids. Most DNOs are still in the hands of the supply companies. The Dutch transmission grid consists of 2,003kms of 380kV and 683kms of 220kV lines.

Key questions answered by this report

• How has power production and consumption changed over time?
• Where does each country source its imported electricity from?
• How has liberalization affected national electricity markets?
• What are the key developments in electricity infrastructure?
• Who are the key players in market?

Chapter 1 Austria 14
Market summary 14
Supply and demand balance 15
Supply overview 16
Demand overview 18
Wholesale trading 19
Infrastructure 19
Generation capacity 19
Electricity networks 21
Chapter 2 Belgium 23
Market summary 23
Supply and demand balance 24
Supply overview 25
Demand overview 27
Wholesale trading 28
Infrastructure 29
Generation capacity 29
Electricity networks 30
Chapter 3 Cyprus 32
Market summary 32
Supply and demand balance 33
Supply overview 34
Demand overview 34
Infrastructure 36
Generation capacity 36
Electricity networks 37
Chapter 4 Denmark 38
Market summary 38
Supply and demand balance 39
Supply overview 40
Demand overview 42
Infrastructure 43
Generation capacity 43
Electricity networks 45
Chapter 5 Finland 47
Market summary 47
Supply and demand balance 48
Supply overview 49
Demand overview 51
Wholesale trading 52
Infrastructure 53
Generation capacity 53
Electricity networks 54
Chapter 6 France 55
Market summary 55
Supply and demand balance 56
Supply overview 57
Demand overview 58
Wholesale trading 60
Infrastructure 61
Generation capacity 61
Electricity networks 62
Chapter 7 Germany 64
Market summary 64
Supply and demand balance 65
Supply overview 66
Demand overview 67
Infrastructure 69
Generation capacity 69
Electricity networks 71
Chapter 8 Greece 74
Market summary 74
Supply and demand balance 75
Supply overview 76
Demand overview 78
Infrastructure 79
Generation capacity 79
Electricity networks 80
Chapter 9 Ireland 82
Market summary 82
Supply and demand balance 83
Supply overview 83
Demand overview 86
Wholesale trading 87
Infrastructure 87
Generation capacity 87
Electricity networks 89
Chapter 10 Italy 91
Market summary 91
Supply and demand balance 92
Supply overview 92
Demand overview 95
Infrastructure 96
Generation capacity 96
Electricity networks 97
Chapter 11 Luxembourg 100
Market summary 100
Supply and demand balance 101
Supply overview 102
Demand overview 104
Infrastructure 105
Generation capacity 105
Electricity networks 106
Chapter 12 Malta 107
Market summary 107
Supply and demand balance 108
Supply overview 109
Demand overview 111
Infrastructure 112
Generation capacity 112
Electricity networks 114
Chapter 13 The Netherlands 116
Market summary 116
Supply and demand balance 117
Supply overview 118
Demand overview 120
Wholesale trading 120
Infrastructure 121
Generation capacity 121
Electricity networks 122
Chapter 14 Norway 124
Market summary 124
Supply and demand balance 125
Supply overview 126
Demand overview 128
Wholesale trading 129
Infrastructure 130
Generation capacity 130
Electricity networks 131
Chapter 15 Portugal 133
Market summary 133
Supply and demand balance 134
Supply overview 135
Demand overview 137
Wholesale trading 138
Infrastructure 138
Generation capacity 138
Electricity networks 140
Chapter 16 Spain 142
Market summary 142
Supply and demand balance 143
Supply overview 144
Demand overview 146
Wholesale trading 147
MIBEL 147
Infrastructure 148
Generation capacity 148
Electricity networks 149
Chapter 17 Sweden 151
Market summary 151
Supply and demand balance 152
Supply overview 153
Demand overview 155
Wholesale trading 156
Infrastructure 157
Generation capacity 157
Electricity networks 158
Chapter 18 Switzerland 161
Market summary 161
Supply and demand balance 162
Supply overview 163
Demand overview 166
Infrastructure 167
Generation capacity 167
Electricity networks 168
Chapter 19 United Kingdom 170
Market summary 170
Supply and demand balance 171
Supply overview 172
Demand overview 174
Wholesale trading 175
Infrastructure 176
Generation capacity 176
Electricity networks 177
Appendix 179
Definitions 179

Table of figures
Figure 1: Austria, power production by fuel input (TWh), 1990─2009e 16
Figure 2: Austria, power production by fuel input (%), 2009e 17
Figure 3: Austria, power sectoral consumption (%), 2009e 18
Figure 4: Austria, power consumption, historic and forecast (TWh), 1990─2020f 19
Figure 5: Austria, power generation capacity by fuel input (%), 2008 21
Figure 6: Belgium, power production by fuel input (TWh), 1990─2009e 25
Figure 7: Belgium, power generation by fuel input (%), 2009e 26
Figure 8: Belgium, power sectoral consumption (%), 2009e 27
Figure 9: Belgium, power consumption historic and forecast (TWh), 1990─2020f 28
Figure 10: Belgium, power generation capacity by fuel input (%), 2008 30
Figure 11: Cyprus, power production by fuel input (TWh), 1990─2009e 34
Figure 12: Cyprus, power sectoral consumption (%), 2009e 35
Figure 13: Cyprus, power consumption historic and forecast (TWh), 1990─2020f 36
Figure 14: Denmark, power production by fuel input (TWh), 1994─2009e 40
Figure 15: Denmark, power production by fuel input (%), 2009e 41
Figure 16: Denmark, power sectoral consumption (%), 2009e 42
Figure 17: Denmark, power consumption historic and forecast (TWh), 1990─2020f 43
Figure 18: Denmark, power generation capacity by fuel input (%), 2008 44
Figure 19: Finland, power production by fuel input (TWh), 1990─2009e 49
Figure 20: Finland, power production by fuel input (%), 2009e 50
Figure 21: Finland, power sectoral consumption (%), 2009e 51
Figure 22: Finland, power consumption historic and forecast (TWh), 1990─2020f 52
Figure 23: Finland, power generation capacity by fuel input (%), 2008 53
Figure 24: France, power production by fuel input (TWh), 1990─2009e 57
Figure 25: France, power production by fuel input (%), 2009e 58
Figure 26: France, power sectoral consumption (%), 2009e 59
Figure 27: France, power consumption historic and forecast (TWh), 1990─2020f 60
Figure 28: France, power generation capacity by fuel input (%), 2009 62
Figure 29: Germany, power production by fuel input (TWh), 1990─2009e 66
Figure 30: Germany, power production by fuel input (%), 2009e 67
Figure 31: Germany, power sectoral consumption (%), 2009e 68
Figure 32: Germany, power consumption historic and forecast (TWh), 1990─2020f 69
Figure 33: Germany, power generation capacity by fuel input (%), 2008 71
Figure 34: Greece, power production by fuel input (TWh), 1990─2009e 76
Figure 35: Greece, power production by fuel input (%), 2009e 77
Figure 36: Greece, power consumption by sector (%), 2009e 78
Figure 37: Greece, power consumption historic and forecast (TWh), 1990─2020f 79
Figure 38: Greece, power generation capacity by fuel input (%), 2008 80
Figure 39: Ireland, power generation by fuel input (TWh), 1990─2009e 84
Figure 40: Ireland, power generation by fuel input (%), 2009e 85
Figure 41: Ireland, power consumption by sector (%), 2009e 86
Figure 42: Ireland, power consumption historic and forecast (TWh), 1990─2020f 87
Figure 43: Ireland, power generation capacity by fuel input (%), 2008 89
Figure 44: Italy, power production by fuel input (TWh), 1990─2009e 93
Figure 45: Italy, power production by fuel input (%), 2009e 94
Figure 46: Italy, power consumption by sector (%), 2009e 95
Figure 47: Italy, power consumption historic and forecast (TWh), 1990─2020f 96
Figure 48: Italy, power generation capacity by fuel input (%), 2008 97
Figure 49: Luxembourg, power production by fuel input (TWh), 1990─2009e 102
Figure 50: Luxembourg, power production by fuel input (%), 2009e 103
Figure 51: Luxembourg, power sectoral consumption (%), 2009e 104
Figure 52: Luxembourg, power consumption historic and forecast (TWh), 1990─2020f 105
Figure 53: Luxembourg, power generation capacity by fuel input (%), 2008 106
Figure 54: Malta, power production by fuel input (TWh), 1990─2009e 109
Figure 55: Malta, power production by fuel input (%), 2009e 110
Figure 56: Malta, power sectoral consumption (%), 2009e 111
Figure 57: Malta, power consumption historic and forecast (TWh), 1990─2020f 112
Figure 58: Malta, power generation capacity by fuel input (%), 2009 114
Figure 59: The Netherlands, power production by fuel input (TWh), 1990─2009e 118
Figure 60: The Netherlands, power production by fuel input (%), 2009e 119
Figure 61: The Netherlands, power sectoral consumption (%), 2009e 120
Figure 62: The Netherlands, power generation capacity by fuel input (%), 2008 122
Figure 63: Norway, power production by fuel input (TWh), 1990─2009e 126
Figure 64: Norway, power production by fuel input (%), 2009e 127
Figure 65: Norway, power sectoral consumption (%), 2009e 128
Figure 66: Norway, power consumption historic and forecast (TWh), 1990─2020f 129
Figure 67: Norway, power generation capacity by fuel input (%), 2008 131
Figure 68: Portugal, power production by fuel input (TWh), 1990─2009 135
Figure 69: Portugal, power production by fuel input (%), 2009 136
Figure 70: Portugal, power sectoral consumption (%), 2009 137
Figure 71: Portugal, power consumption historic and forecast (TWh), 1990─2020f 138
Figure 72: Portugal, power generation capacity by fuel input (%), 2009 140
Figure 73: Spain, power production by fuel input (TWh), 1990─2009e 144
Figure 74: Spain, power production by fuel input (%), 2009e 145
Figure 75: Spain, power consumption by sector (%), 2009e 146
Figure 76: Spain, power consumption historic and forecast (TWh), 1990─2020f 147
Figure 77: Spain, power generation capacity by fuel input (%), 2009 149
Figure 78: Sweden, power production by fuel input (TWh), 1990─2009e 153
Figure 79: Sweden, power production by fuel input (%), 2009e 154
Figure 80: Sweden, power sectoral consumption (%), 2009e 155
Figure 81: Sweden, power consumption historic and forecast (TWh), 1990─2020f 156
Figure 82: Sweden, power generation capacity by fuel input (%), 2008 158
Figure 83: Switzerland, power production by fuel input (TWh), 1990─2009e 164
Figure 84: Switzerland, power production by fuel input (%), 2009e 165
Figure 85: Switzerland, power sectoral consumption (%), 2009e 166
Figure 86: Switzerland, power consumption, historic and forecast (TWh), 1990─2020f 167
Figure 87: Switzerland, power generation capacity by fuel input (%), 2008 168
Figure 88: UK, power production by fuel input (TWh), 1990─2009e 172
Figure 89: UK, power production by fuel input (%), 2009e 173
Figure 90: UK, power consumption by sector (%), 2009e 174
Figure 91: UK, power consumption historic and forecast (TWh), 1990─2020f 175
Figure 92: UK, power generation capacity by fuel input (%), 2008 177

Table of tables
Table 1: Austria, power supply and demand balance (TWh), 2008─09e 15
Table 2: Austria, system capacity 22
Table 3: Belgium, power supply and demand balance (TWh), 2008─09e 24
Table 4: Belgium, system capacity 31
Table 5: Cyprus, power supply and demand balance (TWh), 2008─09e 33
Table 6: Denmark, power supply and demand balance (TWh), 2008─09e 39
Table 7: Denmark, system capacity 46
Table 8: Finland, power supply and demand balance (TWh), 2008─09e 48
Table 9: Finland, system capacity 54
Table 10: France, power supply and demand balance (TWh), 2008─09e 56
Table 11: France, power transmission lines 63
Table 12: Germany, power supply and demand balance (TWh), 2008─09e 65
Table 13: German, system capacity 73
Table 14: Greece, power supply and demand balance (TWh), 2008─09e 75
Table 15: Greece, system capacity 81
Table 16: Ireland, power supply and demand balance (TWh), 2008─09e 83
Table 17: Ireland, cross-border electricity links 90
Table 18: Italy, power supply and demand balance (TWh), 2008─09e 92
Table 19: Italy, system capacity 99
Table 20: Luxembourg, power supply and demand balance (TWh), 2008─09e 101
Table 21: Malta, power supply and demand balance (TWh), 2008─09e 108
Table 22: The Netherlands, power supply and demand balance (TWh), 2008─09e 117
Table 23: The Netherlands, system capacity 123
Table 24: Norway, power supply and demand balance (TWh), 2008─09e 125
Table 25: Norway, system capacity 132
Table 26: Portugal, power supply and demand balance (TWh), 2008─09 134
Table 27: Portugal, power transmission lines 141
Table 28: Spain, power supply and demand balance (TWh), 2008─09e 143
Table 29: Spain, system capacity 150
Table 30: Sweden, power supply and demand balance (TWh), 2008─09e 152
Table 31: Sweden, system capacity 160
Table 32: Switzerland, power supply and demand balance (TWh), 2008─09e 162
Table 33: Switzerland, system capacity 169
Table 34: UK, power supply and demand balance (TWh), 2008─09e 171
Table 35: UK, system capacity 178