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The Geographical Dependence of Power MarketsMegan Atkins
Learning Objectives
• To understand how regional differences in energy generation profiles can affect prices
• To compare the energy profile and prices of different EU countries
A3A4
A5B1 B2
B3B4 B5
Price
A6
B6
Demandin A
Demandin B
PA
PB
Price
Country A - Renewables Country B – Coal and Gas
A1 A2
Supply vs demand
Electricity sources
0
50
100
150
200
250
Germany UK Spain France
Gen
erat
ion
Cap
acity
(GW
) Biofuels + Waste
Renewables
Hydro
Gas
Oil
Nuclear
Coal
Coal
0
50
100
150
200
250
Germany UK Spain France
Gen
erat
ion
Cap
acity
(GW
) Biofuels + Waste
Renewables
Hydro
Nuclear
Gas
Oil
Coal
Nuclear
0
50
100
150
200
250
Germany UK Spain France
Gen
erat
ion
Cap
acity
(GW
) Biofuels + Waste
Renewables
Hydro
Nuclear
Gas
Oil
Coal
Renewables
0
50
100
150
200
250
Germany UK Spain France
Gen
erat
ion
Cap
acity
(GW
) Biofuels + Waste
Renewables
Hydro
Nuclear
Gas
Oil
Coal
cent/kWh
2017 EU prices
