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erm model for water valuest Stochastic presentation of wind (not used in this)t Quite detailed unit presentationt Also heat areas for CHPt Primary and secondary reserves (dependant on wind)t See Meibom at DS1 on Thursday morning5Model weak pointst Hydro power– Presentation of hydro is not detailed enough– One reservoir water value modelt No load flows, static transmission limitst System prices, no market power etc. – Lower bound pricest Low regulation pricest Slow to solve whole year6Casesbase10%20%30%Wind capacity [GW]NO+SE+FIGermanyDenmark28.617.835.835.735.852.535.8Energy from wind NO+SE+FI+DK [TWh]16 49 87 119The modelled year has 2022 profile for hydro, wind, load and heat demandNot very windyAverage hydro year 7Assumptionst 17 €/CO2 tont Fuel price scenariot Planned transmission lines up to 2022– Fennoska II 800 MW– Storaebelt 600 MW – NorNed 700 MW (connected to Germany)– Some N