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Energy policy scenarios to reach challenging climate protection targets in the German electricity sector until 2050

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Author Info

  • Nagl, Stephan
  • Fürsch, Michaela
  • Paulus, Moritz
  • Richter, Jan
  • Trüby, Johannes
  • Lindenberger, Dietmar

Abstract

In this article we demonstrate how challenging greenhouse gas reduction targets of up to 95% until 2050 can be achieved in the German electricity sector. In the analysis, we focus on the main requirements to reach such challenging targets. To account for interdependencies between the electricity market and the rest of the economy, different models were used to account for feedback loops with all other sectors. We include scenarios with different runtimes and retrofit costs for existing nuclear plants to determine the effects of a prolongation of nuclear power plants in Germany. Key findings for the electricity sector include the importance of a European-wide coordinated electricity grid extension and the exploitation of regional comparative cost effects for renewable sites. Due to political restrictions, nuclear energy will not be available in Germany in 2050. However, the nuclear life-time extension has a positive impact on end consumer electricity prices as well as economic growth in the medium term, if retrofit costs do not exceed certain limits.

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Bibliographic Info

Article provided by Elsevier in its journal Utilities Policy.

Volume (Year): 19 (2011)
Issue (Month): 3 ()
Pages: 185-192

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Handle: RePEc:eee:juipol:v:19:y:2011:i:3:p:185-192

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Web page: http://www.elsevier.com/locate/inca/30478

Related research

Keywords: Roadmap 2050; GHG reduction; Renewable energies; Carbon capture and storage; Power plant fleet optimization;

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References

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  1. Moreno, R. & Barroso, L.A. & Rudnick, H. & Mocarquer, S. & Bezerra, B., 2010. "Auction approaches of long-term contracts to ensure generation investment in electricity markets: Lessons from the Brazilian and Chilean experiences," Energy Policy, Elsevier, vol. 38(10), pages 5758-5769, October.
  2. Finon, Dominique & Pignon, Virginie, 2008. "Electricity and long-term capacity adequacy: The quest for regulatory mechanism compatible with electricity market," Utilities Policy, Elsevier, vol. 16(3), pages 143-158, September.
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Cited by:
  1. Fürsch, Michaela & Malischek, Raimund & Lindenberger, Dietmar, 2012. "Der Merit-Order-Effekt der erneuerbaren Energien - Analyse der kurzen und langen Frist," EWI Working Papers 2012-14, Energiewirtschaftliches Institut an der Universitaet zu Koeln.
  2. Fürsch, Michaela & Lindenberger, Dietmar & Malischek, Raimund & Nagl, Stephan & Panke, Timo & Trüby, Johannes, 2011. "German Nuclear Policy Reconsidered: Implications for the Electricity Market," EWI Working Papers 2011-12, Energiewirtschaftliches Institut an der Universitaet zu Koeln.

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