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Decarbonizing the European Electric Power Sector by 2050: A tale of three studies
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1028-3625
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EUI RSCAS; 2011/03; Loyola de Palacio Programme on Energy Policy; [Florence School of Regulation]; [Energy]
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DELARUE, Erik, MEEUS, Leonardo, BELMANS, Ronnie, D’HAESELEER, William, GLACHANT, Jean-Michel, Decarbonizing the European Electric Power Sector by 2050: A tale of three studies, EUI RSCAS, 2011/03, Loyola de Palacio Programme on Energy Policy, [Florence School of Regulation], [Energy] - https://hdl.handle.net/1814/15485
Abstract
If Europe is serious about climate change, it has to reduce its overall greenhouse gas emissions by
80% by 2050, thereby effectively going to a (near-) zero carbon energy and thus, electricity system.
The European Climate Foundation, Eurelectric, and the International Energy Agency have
consequently published a study elaborating on the final goal of this transition. The studies project
scenarios of how such a (near-) zero electricity system would look like and provide recommendations
on the policies needed to guide the transition. In this paper, we observe that these studies tell a tale
with many similarities. In spite of increased energy efficiency, the electricity demand is projected to
increase substantially, with up to 50% from today towards 2050, due to shifts from other sectors
towards electricity. This demand will be supplied by a minimum of 40% electricity generation by
RES, with the remainder being filled up with nuclear and fossils with CCS. The importance of grid
reinforcement, expansion, and planning in this context is emphasized in all three studies. While all
three studies further recommend relying on the EU ETS for the transition, the European Climate
Foundation and the International Energy Agency consider continuing with targets for RES in
combination with a more harmonized EU RES support scheme.
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Loyola de Palacio Programme on Energy Policy