Flowbased joins physics of the power system to the market model, and essentially bridges the gap between the manual and precise power system analysis and the current NTC model.
From a Swedish point of view: It means, and that is now proven after a cold December in certain places of Sweden, that it is more expensive. Especially when Sweden is exporting electricity to e.g. Germany (which imports 70% of the country's energy supply), and by that it'll be a deficit of electricity in some parts of Sweden. Which makes the price higher (demand and supply). Sweden has 4 zones for pricing electricity. Zones 3 and 4 (the two south ones) are where the prices per kWh hits the roof. Finland is smart, they only have one zone for the whole country. It looks as the Finns aren't that greedy as the Swedes. Kudos! 👍 This EU directive with the so called 'flow-based capacity calculation method', has no positive impact on households. It is only beneficial to TSO (the transmission system operator) so they (in Sweden: Svenska Kraftnät) can sell the excess of GWh to other EU countries. Meanwhile the households are checking the hourly price on kWh, and wonder if they shall run a 40° washing machine or the dish washer now, or wait till after 1 o'clock in the night - when the price is at its lowest. This sux!
great popularization of this system, and great visualization
So what does this mean for the electricity price for consumers in the Nordic countries?
From a Swedish point of view:
It means, and that is now proven after a cold December in certain places of Sweden, that it is more expensive. Especially when Sweden is exporting electricity to e.g. Germany (which imports 70% of the country's energy supply), and by that it'll be a deficit of electricity in some parts of Sweden. Which makes the price higher (demand and supply).
Sweden has 4 zones for pricing electricity. Zones 3 and 4 (the two south ones) are where the prices per kWh hits the roof.
Finland is smart, they only have one zone for the whole country. It looks as the Finns aren't that greedy as the Swedes. Kudos! 👍
This EU directive with the so called 'flow-based capacity calculation method', has no positive impact on households. It is only beneficial to TSO (the transmission system operator) so they (in Sweden: Svenska Kraftnät) can sell the excess of GWh to other EU countries. Meanwhile the households are checking the hourly price on kWh, and wonder if they shall run a 40° washing machine or the dish washer now, or wait till after 1 o'clock in the night - when the price is at its lowest.
This sux!
You know how to solve the problem with not being able to have predictable and reliable generation? NUCLEAR POWER