Key points Spring 2020 edition

• Decarbonisation requires electrification – increased electricity consumption will trigger investments in renewables.

• The cost reduction for solar power continues to exceed all expectations.

• The elcertificate goal of 46.4 TWh new renewable production from 2012 to 2030 has already been reached by a wide margin.

• We provide an overview of all renewables projects under development in the Nordic region, both wind power, solar, hydro and bio CHP.

• We assess the onshore wind power potential in Norway, Sweden, Finland and Denmark.

Report Content

The new Nordic Renewable Outlook includes renewable investments potentials and expected renewable development in Norway, Sweden, Finland and Denmark, in addition to the usual analysis of the Electricity Certificates market.

• Comprehensive database with a detailed overview of more than 100 TWh potential onshore wind projects pending or with approval.

• Overview of large projects under construction as well as the expected onshore wind, large hydro, bio and wind power projects to take an investment decision.

• Merit order overview of Nordic renewable investments from 2019 to 2030.

• Overview of PPAs associated with Nordic renewable investments.

• Expected electricity certificate price development: weather risk, technological, financial and political risk.

• Complete monthly and annual el certificate balance up to 2045 for all technologies, with according phase-out and accumulate balance development.

The analysis is available as pdf and paper versions, including a spreadsheet with all relevant calculations from the analysis.