Energy security impacts of decreasing CHP capacity in Finland

Kristo Helin, Jaakko Jääskeläinen, Sanna Syri

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

5 Citations (Scopus)
173 Downloads (Pure)

Abstract

Finland, as part of the Nordic electricity market, is experiencing an era of low electricity market prices. This has practically removed all condensing power capacity from the electricity market. The Finnish combined heat and power (CHP) capacity is facing a similar trend. Some industry experts argue that the described trend could induce serious energy security issues. In this paper, we analyse a scenario where the average electricity spot price remains under 30 /MWh throughout the 2020s and energy use of coal is phased out by 2030, resulting in a notable decrease in CHP capacity. We assess the energy security implications in the scenario on a national and multi-national level. Additionally, we present a case study of Helsinki to give examples of the identified energy security issues on a city level. The results provide policy makers insight in decision making regarding the operating environment of CHP production in Finland.

Original languageEnglish
Title of host publication15th International Conference on the European Energy Market, EEM 2018
Number of pages5
Volume2018-June
ISBN (Electronic)9781538614884
DOIs
Publication statusPublished - 20 Sep 2018
MoE publication typeA4 Article in a conference publication
EventInternational Conference on the European Energy Market - Lodz, Poland
Duration: 27 Jun 201829 Jun 2018
Conference number: 15

Publication series

NameInternational Conference on the European Energy Market
PublisherIEEE
ISSN (Print)2165-4077
ISSN (Electronic)2165-4093

Conference

ConferenceInternational Conference on the European Energy Market
Abbreviated titleEEM
CountryPoland
CityLodz
Period27/06/201829/06/2018

Keywords

  • Cogeneration
  • Energy resources
  • Energy security
  • Power generation
  • Sustainable development

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