EU 2050 low-carbon energy future: visions and strategies

Leonardo Meeus, Isabel Azevedo, Claudio Marcantonini, Jean-Michel Glachant () and Manfred Hafner

No 2011/11, RSCAS Working Papers from European University Institute

Abstract: The 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.

Keywords: climate change; EU energy policy; 2050 energy system; decarbonization (search for similar items in EconPapers)
Date: 2011-03-28
New Economics Papers: this item is included in nep-ene, nep-env and nep-eur
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:rsc:rsceui:2011/11

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