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Eastern Europe
Pöyry Energy has been involved in many projects in Eastern Europe, particularly involving the Accession Countries. We have brought our expertise to bear in helping governments and companies comply with the myriad of new legislation that membership of the EU implies, across the fields of electricity, gas and carbon.
We have provided a new entrant to the Romanian electricity market with price forecasts and analysis of the market.
In addition to this, we have recently completed reports containing our price projections for the Turkish, Romanian and Bulgarian Electricity markets, up to the year 2025.
We have helped the Serbian government to understand the challenges facing their industry, the issues arising from desire to join the EU and possible models for industry reform.
To assist in this, Pöyry have developed an electricity model which currently covers Slovenia, Croatia, Hungary, Romania, Bosnia, Serbia, Montenegro, Kosovo, Bulgaria, Albania, Macedonia, Greece and Turkey (this list of countries is constantly being expanded; please contact us for the latest updates). It models the future operation of the European wholesale power market over the next 1-20 years and its interaction with fuel and carbon markets.
This model may also be used for projecting both physical operation (generator output, fuel use, electricity flows between countries, atmospheric emissions) and economic behaviour (electricity prices, generator revenues) on an hourly basis. The model uses linear programming theory to determine optimal generation and electricity flow between countries and regions, subject to constraints such as the need to meet demand, the capacity of electrical interconnectors between countries, emissions limits and power station generating capacity.
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