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Energy challenges
         for Europe




          Philip Lowe
          Director General for Energy
          European Commission
                                        1
Energy
Energy
THE GLOBAL SUPPLY CHALLENGE
- Increased energy demand and increased competition




                                                      2
THE COMPETITIVENESS CHALLENGE
   - Energy prices increase…
    Electricity prices for industry in selected industrialised countries (USD/MWh)




                                                                               ** Without tax

Affordability of energy of increasing concern for households and
                             business                          3
THE SECURITY OF SUPPLY CHALLENGE
- import dependency of the EU as a whole

in %           2005      2008       2020        2030    2005      2008       2020      2030

  100
                                                94,1%
                                        92,7%

   80            82,4%
                          84,3%
                                                                                         82,8%

                                                                               75,9%


   60                                                               62,3%

                                                          57,7%


   40


   20




                                  OIL                                       GAS
                                                                                                 4
THE SUSTAINABILITY CHALLENGE
                              - EU currently only on track for half of what is needed to tackle
                              climate change




                                                                                          Flat energy
                                                                                         consumption
Source: European Commission




                                                                                       40% reduction
                                                                                         compared
                                                                                         with 1990


                                                                                                  5
The EU ENERGY ROADMAP 2050


   Modelling exercise showing how to meet the
   competitiveness, security of supply and
   sustainability challenge in the 2050 perspective

   4 key messages:

   •Meeting climate change challenge not more costly
   than ignoring it

   •More electricity, more renewables
   •Internal market critical to transformation
   •No regrets: energy efficiency, smarter
   infrastructure, gas (at least for transition)

                                                       6
THE EU'S POLICY RESPONSE (1) – Open and integrated markets




                                                             7
THE EU'S POLICY RESPONSE (2) – Smarter infrastructure




                                                        8
THE EU'S POLICY RESPONSE (3) – Measures on energy
                   efficiency
    30
                    EED costs
Billion Euro '08




                                 •increased costs for investment in
                                  energy efficiency- €24 billion
             0                    annually
                                 •reduced costs for investment in
                                  energy generation and
                                  distribution - €6 billion annually
-30

                                 •reduced fuel expenditure - €38
                                  billion annually
                   EED avoided
                      costs
-60                                                                    9
THE EU POLICY RESPONSE (4) sustainable energy
                •Share of renewable energy
                      (% of total energy use)
                 2009 performance      2020 national target




%




                                                                                 10
                                                         Source: European Commission
THE EU'S POLICY RESPONSE (5) – Energy Research
    - EU Funding for sustainable energy (calls 2007-2011)

                   efficiency                                                                       Ocean

                                                                           RES –                    20,7 M€       PV
                                                                                                                50,6 M€
                                                                                                                                             bio-energy
                           Promotion
                             1,0 M€                                        power           CSP
                                       Industry
                                                                                          45,4 M€
                                        25,1 M€
                   Concerto                                                                                         Biomass
                                                                                                                    22,6 M€                        Algae
                    37,8 M€
                                                                                                       Wind                                       19,2 M€
                                                                                                      44,1 M€

                                                                   Renewable
                                          EeB
                          Poly-         33,4 M€                     electricity                                                                             Biorefineries
                        generation                                                                                                                          15 M€
                         14,7 M€
                                                                   generation
                                                    Energy          183,4 M€                                                        2nd
                                                                                                                                    generation                          Transport
                                                   efficiency                                                                                                             2,2 M€
                                                                                                                                    51 M€
                                                  and savings                                                                                                          Cross-
                                                                                  Renewable
grids & storage                                     112 M€
                                                                                      fuel
                                                                                                                                                                       cutting
                                                                                                                                                                        1,2 M€
                                                                                                                                                                1st
                                                                                  production                                                                    generation
           Studies                                                                  93,5 M€                                                                     4,9 M€
          Grid Infra.                                   Smart
           14,8 M€                                                                                                            Biomass
                              Wind Grid                 energy                                                                 7,0 M€
                             Integration                                      Renewables
                               38,0 M€                 networks                                                                     Geoth.
Storage
30,0 M€                                                117,8 M€      CCS/Clean for H&C                     Solar
                                                                                                                                    4,3 M€
                                                                                44,1 M€
                                                                        Coal                              Thermal
                                                                                                          25,7 M€                 Storage
                                                                       69,6 M€
                  Smartgrid-
                   Distrib.
                                                                                                                                   (+TP)
                                                                                                                                   7,1 M€        RES –
                   35,0 M€
                                                                  Policy                                                                         Heating/c
                                                                  2,2 M€
                                                                                                                                                                             11
                                                                                                                                                 ooling
CONCLUSION AND OUTLOOK


                          Roadmap 2050 decarbonisation scenarios deliver
                           on all energy policy objectives, even without a
                           global climate change agreement

                          Make the Internal Energy Market work

                          Use energy better

                          Prepare for more electricity, more RES
                           and      smarter grids

                          Innovation: new fuels and uses

                          Define the 2030 Framework

                                                                   12
                            Energy
                            Energy

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What are the energy challenges for Europe?

  • 1. Energy challenges for Europe Philip Lowe Director General for Energy European Commission 1 Energy Energy
  • 2. THE GLOBAL SUPPLY CHALLENGE - Increased energy demand and increased competition 2
  • 3. THE COMPETITIVENESS CHALLENGE - Energy prices increase… Electricity prices for industry in selected industrialised countries (USD/MWh) ** Without tax Affordability of energy of increasing concern for households and business 3
  • 4. THE SECURITY OF SUPPLY CHALLENGE - import dependency of the EU as a whole in % 2005 2008 2020 2030 2005 2008 2020 2030 100 94,1% 92,7% 80 82,4% 84,3% 82,8% 75,9% 60 62,3% 57,7% 40 20 OIL GAS 4
  • 5. THE SUSTAINABILITY CHALLENGE - EU currently only on track for half of what is needed to tackle climate change Flat energy consumption Source: European Commission 40% reduction compared with 1990 5
  • 6. The EU ENERGY ROADMAP 2050 Modelling exercise showing how to meet the competitiveness, security of supply and sustainability challenge in the 2050 perspective 4 key messages: •Meeting climate change challenge not more costly than ignoring it •More electricity, more renewables •Internal market critical to transformation •No regrets: energy efficiency, smarter infrastructure, gas (at least for transition) 6
  • 7. THE EU'S POLICY RESPONSE (1) – Open and integrated markets 7
  • 8. THE EU'S POLICY RESPONSE (2) – Smarter infrastructure 8
  • 9. THE EU'S POLICY RESPONSE (3) – Measures on energy efficiency 30 EED costs Billion Euro '08 •increased costs for investment in energy efficiency- €24 billion 0 annually •reduced costs for investment in energy generation and distribution - €6 billion annually -30 •reduced fuel expenditure - €38 billion annually EED avoided costs -60 9
  • 10. THE EU POLICY RESPONSE (4) sustainable energy •Share of renewable energy (% of total energy use) 2009 performance 2020 national target % 10 Source: European Commission
  • 11. THE EU'S POLICY RESPONSE (5) – Energy Research - EU Funding for sustainable energy (calls 2007-2011) efficiency Ocean RES – 20,7 M€ PV 50,6 M€ bio-energy Promotion 1,0 M€ power CSP Industry 45,4 M€ 25,1 M€ Concerto Biomass 22,6 M€ Algae 37,8 M€ Wind 19,2 M€ 44,1 M€ Renewable EeB Poly- 33,4 M€ electricity Biorefineries generation 15 M€ 14,7 M€ generation Energy 183,4 M€ 2nd generation Transport efficiency 2,2 M€ 51 M€ and savings Cross- Renewable grids & storage 112 M€ fuel cutting 1,2 M€ 1st production generation Studies 93,5 M€ 4,9 M€ Grid Infra. Smart 14,8 M€ Biomass Wind Grid energy 7,0 M€ Integration Renewables 38,0 M€ networks Geoth. Storage 30,0 M€ 117,8 M€ CCS/Clean for H&C Solar 4,3 M€ 44,1 M€ Coal Thermal 25,7 M€ Storage 69,6 M€ Smartgrid- Distrib. (+TP) 7,1 M€ RES – 35,0 M€ Policy Heating/c 2,2 M€ 11 ooling
  • 12. CONCLUSION AND OUTLOOK  Roadmap 2050 decarbonisation scenarios deliver on all energy policy objectives, even without a global climate change agreement  Make the Internal Energy Market work  Use energy better  Prepare for more electricity, more RES and smarter grids  Innovation: new fuels and uses  Define the 2030 Framework 12 Energy Energy