{"id":1336,"date":"2020-05-03T09:50:51","date_gmt":"2020-05-03T07:50:51","guid":{"rendered":"https:\/\/kythira-windturbines.com\/?p=1336"},"modified":"2020-05-16T12:21:37","modified_gmt":"2020-05-16T10:21:37","slug":"falling-demand-affects-profitability-of-renewables","status":"publish","type":"post","link":"https:\/\/kythira-windturbines.com\/el\/falling-demand-affects-profitability-of-renewables\/","title":{"rendered":"\u0397 \u03c0\u03c4\u03ce\u03c3\u03b7 \u03c4\u03b7\u03c2 \u03b6\u03ae\u03c4\u03b7\u03c3\u03b7\u03c2 \u03b5\u03c0\u03b7\u03c1\u03b5\u03ac\u03b6\u03b5\u03b9 \u03c4\u03b7\u03bd \u03b1\u03c0\u03bf\u03b4\u03bf\u03c4\u03b9\u03ba\u03cc\u03c4\u03b7\u03c4\u03b1 \u03c4\u03c9\u03bd \u03b1\u03bd\u03b1\u03bd\u03b5\u03ce\u03c3\u03b9\u03bc\u03c9\u03bd \u03c0\u03b7\u03b3\u03ce\u03bd \u03b5\u03bd\u03ad\u03c1\u03b3\u03b5\u03b9\u03b1\u03c2"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1336\" class=\"elementor elementor-1336\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9ebfd8c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9ebfd8c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c94d84a\" data-id=\"c94d84a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c8d54d9 elementor-widget elementor-widget-text-editor\" data-id=\"c8d54d9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Greek alternative energy companies do not exist in an economic vacuum, but are directly affected by international events and, very specifically, by fluctuations in demand in the highly volatile world energy markets. The principal international event affecting investment at the moment is, of course, the Covid-19 pandemic.<\/p><p>One unexpected consequence affecting Greek wind farm enterprises has been the fall in the country\u2019s electricity consumption, directly attributable to the significant fall in industrial and economic activity.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4d176ec elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4d176ec\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5361005\" data-id=\"5361005\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ae26154 elementor-widget elementor-widget-text-editor\" data-id=\"ae26154\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This will have the inevitable result of forcing a reduction in the total amount of generated wind power, with a consequent hit to the industry\u2019s profitability. The explanation for this is simple. Because wind generated power is by its very nature fluctuating and uncertain, in order to avoid sudden, disastrous power shortfalls and blackouts, the Independent Power Transmission Operator, ADMIE (\u0391\u0394\u039c\u0399\u0395) must ensure that the output of online wind farms is precisely balanced by placing an equivalent number of thermal power plants on standby; should the power contributed by wind farms drop, the reserve capacity of one or more thermal plants must immediately be activated to ensure demand is not interrupted.<\/p><p>But as can be imagined, keeping thermal plants on standby is not a simple matter of flicking a switch; to capable of generating power at a moment\u2019s notice, considerable thermal energy must be constantly maintained. This is expensive, wasteful and also of course environmentally destructive.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-0d6e994\" data-id=\"0d6e994\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c3489bb elementor-widget elementor-widget-image\" data-id=\"c3489bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"856\" height=\"571\" src=\"https:\/\/kythira-windturbines.com\/wp-content\/uploads\/2020\/05\/Falling-demand.jpg\" class=\"attachment-large size-large wp-image-1339\" alt=\"\" srcset=\"https:\/\/kythira-windturbines.com\/wp-content\/uploads\/2020\/05\/Falling-demand.jpg 856w, https:\/\/kythira-windturbines.com\/wp-content\/uploads\/2020\/05\/Falling-demand-300x200.jpg 300w, https:\/\/kythira-windturbines.com\/wp-content\/uploads\/2020\/05\/Falling-demand-768x512.jpg 768w\" sizes=\"(max-width: 856px) 100vw, 856px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-967089d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"967089d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c3610e3\" data-id=\"c3610e3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1785176 elementor-widget elementor-widget-text-editor\" data-id=\"1785176\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Minimising the resultant cost and waste of energy requires highly sophisticated systems of control in thermal power plants \u2013 systems not currently available in Greek power plants. A Danish Energy Agency report notes that \u201cthe high share of wind power that has developed in Denmark over the last 25 years has provided an early incentive for increasing the flexibility of thermal power plants. From the power plants\u2019 perspective, the high fluctuation of residual load resulting from the high share of variable wind power generation leads to steep load gradients. It also requires fast start-ups at low cost, and as low minimum stable generation as possible. [\u2026] As a result, Danish coal power plants that had originally been designed as base load units have been transformed into some of the most flexible power plants in Europe\u201d.<\/p><p>Sources:<br \/>1. \u00ab\u0391\u03bd\u03b7\u03c3\u03c5\u03c7\u03af\u03b1 \u03b3\u03b9\u03b1 \u03c0\u03b9\u03b8\u03b1\u03bd\u03ad\u03c2 \u03c0\u03b5\u03c1\u03b9\u03ba\u03bf\u03c0\u03ad\u03c2 \u03c4\u03b7\u03c2 \u03c0\u03b1\u03c1\u03b1\u03b3\u03c9\u03b3\u03ae\u03c2 \u0391\u03a0\u0395 \u03bb\u03cc\u03b3\u03c9 \u03c7\u03b1\u03bc\u03b7\u03bb\u03ae\u03c2 \u03ba\u03b1\u03c4\u03b1\u03bd\u03ac\u03bb\u03c9\u03c3\u03b7\u03c2 \u03c1\u03b5\u03cd\u03bc\u03b1\u03c4\u03bf\u03c2\u00bb, World Energy News, 01\/04\/20:\u00a0https:\/\/worldenergynews.gr\/index.php?id=43886<br \/>2. \u201cIntergration of Wind Energy in Power Systems: A summary of Danish experiences\u201d. Danish Energy Agency, May 2017. Download pdf here:\u00a0https:\/\/ens.dk\/\u2026\/integration_of_wind_energy_in_power_system\u2026<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Greek alternative energy companies do not exist in an economic vacuum, but are directly affected by international events and, very specifically, by fluctuations in demand in the highly volatile world energy markets. The principal international event affecting investment at the moment is, of course, the Covid-19 pandemic. One unexpected consequence affecting Greek wind farm enterprises [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1339,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[71],"tags":[],"class_list":["post-1336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-renewable-energy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Falling demand affects profitability of renewables - Kythira Wind Turbines Information<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/kythira-windturbines.com\/el\/falling-demand-affects-profitability-of-renewables\/\" \/>\n<meta property=\"og:locale\" content=\"el_GR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Falling demand affects profitability of renewables - Kythira Wind Turbines Information\" \/>\n<meta property=\"og:description\" content=\"Greek alternative energy companies do not exist in an economic vacuum, but are directly affected by international events and, very specifically, by fluctuations in demand in the highly volatile world energy markets. 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