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Ten Year Network Development Plan 2015 |

47

0

40

30

35

25

20

15

10

5

€/MWh

2015

2010

2020

2025

2030

2035 2040

FES 2014 low

WEO 2013 - current policies (CP)

Gas

0

120

100

80

60

40

20

€/tCO

2

2015

2010

2020

2025

2030

2035 2040

FES 2014 high

WEO 2013 - current policies (CP)

CO

2

Figure 4.11:

Prices for gas, coal, CO ² and oil

0

160

120

140

100

80

60

40

20

€/t

2015

2010

2020

2025

2030

2035 2040

FES 2014

WEO 2013 - current policies (CP)

Coal

0

140

120

100

80

60

40

20

€/bbl

2015

2010

2020

2025

2030

2035 2040

FES 2014

WEO 2013 - current policies (CP)

OIL

4.3.1.3 Scenarios for power generation sector

The definition of gas demand scenarios for power generation was based on the

Visions covered by ENTSO-E’s TYNDP 2014 (see Annex F for more details about

those visions):

\\

Vision 1 – “Slow Progress”

\\

Vision 3 – “Green Transition”

ENTSOG has applied a simplified methodology with country granularity. This

methodology is based on the assumption that some of the sources used to generate

electricity show low sensitivity to market conditions. In the case of nuclear energy,

generation is mainly base load, while for renewables like hydro, wind or solar, the

generation mostly depends on the availability of the driving sources. The contribu-

tion of other sources such as gas and coal

1)

is mainly driven by the relative fuel

prices.

1) This would also apply to oil-derived fuels. Given the marginal role of such sources in the European generation mix they

have been considered fixed. The only exception would be Estonia, where the split of the thermal gap is done between gas

and oil.