ROADMAP	  2050	  A	  prac/cal	  guide	  to	  a	  prosperous,	  low-­‐carbon	  Europe	                                     ...
Project Set-Up: organisations involved
THE DECARBONIZATION PATHWAYS ANALYSED ARESUSTAINABLE, TECHNICALLY FEASIBLE, AND HAVE APOSITIVE IMPACT ON THE ECONOMY
AT LEAST 80% CO2                                                                                                          ...
ELECTRICITY DEMAND 2050(EU-27 + Norway & Switzerland)
RES DIVERSITY CONTRIBUTES TO CONSISTENT SUPPLY
INTER-REGIONAL TRANSMISSION REQUIREMENTS    UK	   + 	            UK	   + 	      Ireland	              Ireland	  
AN EU APPROACH REQUIRES A THIRD LESS RESERVE CAPACITYMaximal reserve requirement1, GW                Region	              ...
CURTAILMENT IS KEPT LOW THROUGH GRID EXPANSION AND BACK-UPCAPACITY2050, GW                                        Transmis...
ANNUAL CAPEX DEVELOPMENT
COST OF ELECTRICITY
Summing Up
Commission Work Programme 2013                      The European Commission has                      announced a comprehen...
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Roadmap 2050 - A practical guide to a prosperous, low-carbon Europe

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Roadmap 2050 - A practical guide to a prosperous, low-carbon Europe

  1. 1. ROADMAP  2050  A  prac/cal  guide  to  a  prosperous,  low-­‐carbon  Europe     Tom  Brookes   NESC  EPA  Ireland,  Dublin,  November  14  2012     PROPRIETARY Any use of this material without specific permission of the European Climate Foundation is strictly prohibited
  2. 2. Project Set-Up: organisations involved
  3. 3. THE DECARBONIZATION PATHWAYS ANALYSED ARESUSTAINABLE, TECHNICALLY FEASIBLE, AND HAVE APOSITIVE IMPACT ON THE ECONOMY
  4. 4. AT LEAST 80% CO2 EMISSION REDUCTION1 Based on the McKinsey Global GHG Cost Curve2 Large efficiency improvements already included in the baseline3 CCS applied to 50% of industry (cement, chemistry, iron and steel, petroleum and gas, not applied to other industries)SOURCE: McKinsey Global GHG Abatement Cost Curve; IEA WEO 2009; US EPA; EEA; Roadmap 2050 Technical Analysis
  5. 5. ELECTRICITY DEMAND 2050(EU-27 + Norway & Switzerland)
  6. 6. RES DIVERSITY CONTRIBUTES TO CONSISTENT SUPPLY
  7. 7. INTER-REGIONAL TRANSMISSION REQUIREMENTS UK   +   UK   +   Ireland   Ireland  
  8. 8. AN EU APPROACH REQUIRES A THIRD LESS RESERVE CAPACITYMaximal reserve requirement1, GW Region   80%  RES   60%  RES   UK  &  Ireland   France     Iberia     Nordic   Benelux  &  Germany   Central-­‐Europe   Poland  &  Baltic   South  East  Europe   Italy  &  Malta   Total  EU27   281   191   Benefit  of  reserve  sharing   Total  with  reserve  sharing     183   125   between  regions   -­‐35%   -­‐35%   8     8    
  9. 9. CURTAILMENT IS KEPT LOW THROUGH GRID EXPANSION AND BACK-UPCAPACITY2050, GW Transmission  &  generation  capacity  requirements   RES  curtail-­‐ Pathways   DR,  %   Transmission   Back-­‐up  and  balancing     ment1,  %   Baseline   0   2 Requirements  on  top  of  the  baseline   80%  RES     0   3   10%  CCS   10%  nuclear   20   2   60%  RES     0   2   20%  CCS   20%  nuclear   20   1   9     9    
  10. 10. ANNUAL CAPEX DEVELOPMENT
  11. 11. COST OF ELECTRICITY
  12. 12. Summing Up
  13. 13. Commission Work Programme 2013 The European Commission has announced a comprehensive 2030 framework for energy and climate policies: •  To meet 80-95% GHG emission reduction objective in 2050 compared to 1990 •  To foster long term competitiveness, security of supply and sustainability •  To provide a long-term perspective for investments until 2030.

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