EU 2050 low-carbon energy future: visions and strategies
AbstractThe aim of this paper is to identify the main challenges regarding the achievement of a low-carbon energy system in the EU by 2050. We analyze the visions presented by stakeholders and existing strategies of member state to achieve this transition. The five main challenges identified are the following: 1// energy efficiency - to ensure ambitious energy savings; 2// GHG emissions - to go towards a nearly zero-carbon electricity system; 3// renewable energy - to push effective technologies into the market; 4// energy infrastructure - to ensure timely investment in the electricity transmission grid capacity across borders; 5// energy markets - to guarantee timely investment in electricity generation back-up capacity. We also find that member states are already pursuing different strategies in dealing with these challenges. This creates risks for a European energy policy fragmentation. It also opens new opportunities for cooperation among member states so that the European Commission could demonstrate how to produce European added value.
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Bibliographic InfoPaper provided by European University Institute in its series RSCAS Working Papers with number 2011/11.
Date of creation: 28 Mar 2011
Date of revision:
climate change; EU energy policy; 2050 energy system; decarbonization;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-10-01 (All new papers)
- NEP-ENE-2011-10-01 (Energy Economics)
- NEP-ENV-2011-10-01 (Environmental Economics)
- NEP-EUR-2011-10-01 (Microeconomic European Issues)
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