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Published: 6/7/2016. Updated: 6/7/2016

The Sector of the Renewable Energy in 2014


Market players

In 2014, the number of the power plants using the renewable energy resources reached 2267, among these 88 percent were the solar power plants, 4.3 – the hydro power plants, 6.1 – the wind power plants. The biogas and biofuel power plants covered an insignificant share in the market structure – 1.2 and 0.4 percent, respectively. 

Quantities

The quantity of electricity produced in 2014 by using the renewable energy resources equaled 1 465 GWh: the biggest quantity of electricity was produced in the wind power plants – 43.5 percent, and in the hydro power plants – 26.8 percent. The quantity of electricity produced in the biofuel power plants and in the biogas power plants constituted 24.8 percent, in the solar power plants – 5 percent.


In 2014, the installed capacity of the power plants producing and supplying to the networks the energy produced from the renewable energy resources reached 564 MW: the installed capacity of the solar power plants was 69.3 MW, the wind power plants – 285 MW, the hydro power plants – 127 MW, the biofuel power plants – 62 MW, of the biogas power plants – 20.5 MW. The biggest share in the market structure of the total installed capacity was held by the wind power plants – 50.4 percent, the smallest – by the biogas power plants (3.2 percent).

Figure 1. Installed capacity of the power plants, MW

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Source – NCC. 

Support

The production of energy from the renewable energy resources is supported through the Public Service Obligations (PSO). In 2014, this amount equaled EUR 64.79 million.    

Investments

In 2014, the investments in the sector of the renewable energy resources reached EUR 7.8 million, from this amount 82 percent were the investments in the electricity production facilities, 1.4 percent – the investments made to connect the producers to the transmission and distribution networks, 16.7 percent – other investments related to electricity production.
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