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Quantitative Assessment of the Impact of the Strategic Energy Technology Plan on the European Power Sector


Author Info

  • Tobias Wiesnethal


  • Arnaud Mercier

    (DG RTD)

  • Burkhard Schade


  • H. Petric
  • Lazlo Szabo
Registered author(s):


    The goal of this analysis is to capture the effect of increasing research, development and demonstration (RD&D) efforts for a set of low-carbon power technologies on the development of the European energy sector. The report finds that an increase in research efforts on a global level, that for the EU are in line with the RD&D investments proposed in the context of the European Strategic Energy Technology Plan, will contribute to reducing the costs of currently less mature low-carbon technologies, and therefore accelerate their market entry. Following from the lower technology investment costs, the economic rate of return of the additional SET-Plan investments in the EU would be positive, reaching around 15% for a time horizon between 2010 and 2030. The cumulative (discounted) benefit of the RD&D investments would be negative in early years before turning positive around the year 2020 and remaining so thereafter.

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    Bibliographic Info

    Paper provided by Institute for Prospective and Technological Studies, Joint Research Centre in its series JRC-IPTS Working Papers with number JRC61065.

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    Length: 48 pages
    Date of creation: Oct 2010
    Date of revision:
    Handle: RePEc:ipt:iptwpa:jrc61065

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    Related research

    Keywords: Quantitative assessment; SET Plan; RD&D; low-carbon power; Climate Policy; climate change; greenhouse gas emission (GHG); POLES; GEM-E3; scenario;

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