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100% renewable electricity by mid century in italy?

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  • Gianni Silvestrini

Abstract

Climate change will be in the future one of the most influential driving force for energy policies. In the electric sector will therefore be important to find solution to reduce carbon emission. With the shrinking share of nuclear power, Carbon Capture Sequestration will play an important role, although the largest contribution will come from renewable energies. Ambitious roadmaps and new targets have already been set - Germany plans to cover 80% of its electric demand with renewables by 2050 - based on studies indicating the possibility to achieve 100% of the electric demand through renewable energy by 2050. The capital required is significant, although over a long period (over 40 years) the economic impact of this transition will be limited. With an increasing renewable share and the need to convert a large electricity market, Italy should incorporate a longer-term perspective and vision and a broader geographical scope. After the nuclear referendum, it is important to discuss scenarios at national level coherent with international indications and climate change constraints and launch a revolutionary approach; but at present is lacking the clear vision of the future required to do so.

Suggested Citation

  • Gianni Silvestrini, 2012. "100% renewable electricity by mid century in italy?," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 0(1), pages 43-53.
  • Handle: RePEc:fan:efeefe:v:html10.3280/efe2012-001004
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    More about this item

    Keywords

    Fonti rinnovabili; politica energetica; cambiamenti climatici;

    JEL classification:

    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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