Scenarios for an Energy Policy Concept of the German Government
In this working paper 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.
|Date of creation:||30 Dec 2010|
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