Transforming The Eu Power Sector
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Transforming The Eu Power Sector
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Author : Mihai Tomescu
language : en
Publisher:
Release Date :
Transforming The Eu Power Sector written by Mihai Tomescu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Europe and the global community are committed to a low-carbon future, a goal to be reached by mid-century. In 2009, the European Council set an objective to reduce EU-wide emissions of greenhouse gases (GHGs) to 80-95 % of the 1990 levels by 2050 (European Council, 2009). The electricity generating sector is at the heart of Europe's decarbonisation strategy and it is also the focus of this report. To date, power generation remains the largest GHG-emitting sector in Europe, being responsible for roughly one third of all energy-related GHG emissions and more than half of the verified emissions under the EU Emissions Trading Scheme (ETS) (EEA, 2015a; IEA, 2015). According to the European Commission's Energy Roadmap 2050, by mid-century, the currently available climate mitigation options can deliver a cost-effective decarbonisation of the power sector of 90-98 % compared with 2005 (EC, 2011c). To reach this goal, however, a fundamental change in the composition of Europe's electricity sector will be needed. With fossil fuels still contributing to roughly half of the electricity generated in Europe, moving away from a carbon‐intensive power supply over the next few decades will require a commitment to increase investment in clean technology, restructure the fossil fuel energy infrastructure and ensure a secure and affordable power supply. In this context, this report fills an important information gap by looking at: • the theoretical evolution of fossil fuel capacity by 2030 in the absence of strong drivers to counter present trends; • how this hypothetical evolution would fit in with the need to create a qualitatively different EU power sector by 2030 and beyond, in line with EU climate goals. The concept of 'lock-in' has been extensively used to study the effects of path dependencies and reinforcing effects in the context of transition studies. With regard to the energy system, lock-ins are usually understood as mechanisms inhibiting the diffusion and adoption of carbon-saving technologies (Klitkou, 2015; Frantzeskaki and Loorbach, 2010; Unruh, 2000). Throughout this report, the term 'lock-in' is used to refer to situations where the amount of fossil fuel capacity could exceed the levels that correspond to the EU's long-term decarbonisation objectives according to selected Energy Roadmap 2050 scenarios.
Transforming The Eu Power Sector
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Author : Mihai Tomescu
language : en
Publisher:
Release Date : 2016
Transforming The Eu Power Sector written by Mihai Tomescu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Europe and the global community are committed to a low-carbon future, a goal to be reached by mid-century. In 2009, the European Council set an objective to reduce EU-wide emissions of greenhouse gases (GHGs) to 80-95 % of the 1990 levels by 2050 (European Council, 2009). The electricity generating sector is at the heart of Europe's decarbonisation strategy and it is also the focus of this report. To date, power generation remains the largest GHG-emitting sector in Europe, being responsible for roughly one third of all energy-related GHG emissions and more than half of the verified emissions under the EU Emissions Trading Scheme (ETS) (EEA, 2015a; IEA, 2015). According to the European Commission's Energy Roadmap 2050, by mid-century, the currently available climate mitigation options can deliver a cost-effective decarbonisation of the power sector of 90-98 % compared with 2005 (EC, 2011c). To reach this goal, however, a fundamental change in the composition of Europe's electricity sector will be needed. With fossil fuels still contributing to roughly half of the electricity generated in Europe, moving away from a carbon‐intensive power supply over the next few decades will require a commitment to increase investment in clean technology, restructure the fossil fuel energy infrastructure and ensure a secure and affordable power supply. In this context, this report fills an important information gap by looking at: • the theoretical evolution of fossil fuel capacity by 2030 in the absence of strong drivers to counter present trends; • how this hypothetical evolution would fit in with the need to create a qualitatively different EU power sector by 2030 and beyond, in line with EU climate goals. The concept of 'lock-in' has been extensively used to study the effects of path dependencies and reinforcing effects in the context of transition studies. With regard to the energy system, lock-ins are usually understood as mechanisms inhibiting the diffusion and adoption of carbon-saving technologies (Klitkou, 2015; Frantzeskaki and Loorbach, 2010; Unruh, 2000). Throughout this report, the term 'lock-in' is used to refer to situations where the amount of fossil fuel capacity could exceed the levels that correspond to the EU's long-term decarbonisation objectives according to selected Energy Roadmap 2050 scenarios.
Transforming The U S And Eu Electric Power Sectors
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Author : Sarah Ladislaw
language : en
Publisher:
Release Date : 2019
Transforming The U S And Eu Electric Power Sectors written by Sarah Ladislaw and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Electric power categories.
Across Europe and the United States, the electric power sector is undergoing a fairly profound transformation driven by a changing fuel mix, higher penetration of renewable energy resources, changing consumer preferences and interface with the electric power system, and evolving business models. Policy and regulatory frameworks need to be updated to reflect these changes and facilitate future transformation. In both places this transformation is uneven, with some localities moving along faster than others, and complex, driven by a variety of factors. While the transformation is multidimensional, two conversations relating to the long-term vision for the sector are central to navigating a path forward. First, what are the challenges and opportunities associated with higher penetration of renewable energy and distributed energy resources? Second, what are the opportunities and challenges associated with the electrification strategies, particularly for measures to electrify transport and industry? In addition, the increased digitalization of the energy sector writ large, and specifically the electric power sector, raises issues about access to data, cybersecurity, and grid resilience, all areas that have become an integral part of the conversation in the European Union and the United States on the transformation of the electric power sector. The following brief outlines some of the issues related to these topics that were discussed at a recent U.S./EU stakeholder workshop held at the Center for Strategic and International Studies in June 2019. The information and reflections here do not necessarily represent the views of the participants and are meant to serve as useful background to stimulate further discussion.
Energiewende Made In Germany
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Author : Christian von Hirschhausen
language : en
Publisher: Springer
Release Date : 2018-12-24
Energiewende Made In Germany written by Christian von Hirschhausen and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-24 with Business & Economics categories.
This book provides an in-depth analysis of the energy transformation process ongoing in Germany, now commonly referred to as energiewende, in the European context, with a focus on the electricity sector. It presents an expert look at the origins of the German energiewende, its concrete implementation, its impacts within the European context as well as medium and long-term perspectives. The authors, internationally recognized energy, electricity, and climate economists at the German Institute for Economic Research (DIW Berlin) and Berlin University of Technology, conclude that the first years of the energiewende have successfully laid the foundation for a renewables-based electricity system in Germany, but that challenges remain in relation to decarbonizing the electricity system and phasing out nuclear energy. The authors also provide ground-breaking insights to inform energy policy in other countries and at the European level. In the outlook, the authors explore upcoming issues, such as coupling between the electricity and other sectors, and behavioral changes of industry and households. The book addresses readers in the energy industry, energy and climate policymakers, regulators, and others interested in the low carbon energy system transformation in Germany, Europe, and worldwide.
Europe S Energy Transformation In The Austerity Trap
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Author : Béla Galgóczi
language : en
Publisher: ETUI
Release Date : 2015-09-28
Europe S Energy Transformation In The Austerity Trap written by Béla Galgóczi and has been published by ETUI this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-28 with Energy conservation categories.
Our planetary limits demand a radical transition from the energy-intensive economic model based on the extraction of finite resources, which has been dominant since the first industrial revolution, to a model that is both sustainable and equitable. Unfortunately however, energy transformation in Europe has, after a promising start, fallen hostage to austerity and to the main philosophy underpinning the crisis management policies in which overall competitiveness is reduced to the much narrower concept of cost-competitiveness. Regulatory uncertainty, design failures built into incentive systems, and unjust distribution of the costs, have also contributed to the reversal of progress in energy transformation currently observable across Europe. In this book three country case studies highlight the different facets of these conflicts, while additional light is thrown on the situation by an account of the lack of progress in achieving energy efficiency. By way of conclusion, a mapping of the main conflicts and obstacles to progress will be of help in formulating policy recommendations. Ambitious climate and energy policy targets should be regarded not as a burden on the economy but rather as investment targets able to pave the way to higher employment and sustainable growth. It is high time for this perception to be recognised and implemented in the context of Europe’s new Investment Plan, thereby enabling clean energy investment to come to form its central pillar. A shift in this direction will require an overhaul of the regulatory and incentive systems to ensure that the need for just burden-sharing is adequately taken into account.
Power Sector Transformation Pathways
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Author : Sadie Cox
language : en
Publisher:
Release Date : 2020
Power Sector Transformation Pathways written by Sadie Cox and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Economic development categories.
The Future European Energy System
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Author : Dominik Möst
language : en
Publisher: Springer Nature
Release Date : 2021-02-23
The Future European Energy System written by Dominik Möst and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-23 with Business & Economics categories.
This open access book analyzes the transition toward a low-carbon energy system in Europe under the aspects of flexibility and technological progress. By covering the main energy sectors – including the industry, residential, tertiary and transport sector as well as the heating and electricity sector – the analysis assesses flexibility requirements in a cross-sectoral energy system with high shares of renewable energies. The contributing authors – all European energy experts – apply models and tools from various research fields, including techno-economic learning, fundamental energy system modeling, and environmental and social life cycle as well as health impact assessment, to develop an innovative and comprehensive energy models system (EMS). Moreover, the contributions examine renewable penetrations and their contributions to climate change mitigation, and the impacts of available technologies on the energy system. Given its scope, the book appeals to researchers studying energy systems and markets, professionals and policymakers of the energy industry and readers interested in the transformation to a low-carbon energy system in Europe.
Energy Transformation
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Author : Claude Turmes
language : en
Publisher: Biteback Publishing
Release Date : 2017-07-13
Energy Transformation written by Claude Turmes and has been published by Biteback Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-13 with Political Science categories.
The European Union has powerful resources at its disposal to tackle global warming; together, the countries of the EU are global leaders in the use of renewables. Why, then, has there been such slow progress in actually enforcing energy policy changes? Energy Transformation reveals the bitter political battles fought inside EU institutions over the past fifteen years between the architects of energy transition - those who develop solutions against the grave impetus of global warming - and the saboteurs, who infiltrate the highest European levels of decision-making to slow down the system transformation. Claude Turmes, a prominent MEP on environmental issues, explores a field marked equally by progress and setbacks, from the enthusiasm of the early 2000s to the relapse of the post-2008 economic crisis, with each progressive proposal facing corporate lobbying and high-stakes pressure. It is vital - now more than ever - to understand what we, as industrialised nations, should do. This is a fight not only for the economy, but for democracy and the future of the planet. With the ever-accelerating impact of global warming causing irreversible damage, the time to act is now.
Global Renewables Outlook Energy Transformation 2050
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Author : International Renewable Energy Agency IRENA
language : en
Publisher: International Renewable Energy Agency (IRENA)
Release Date : 2020-04-01
Global Renewables Outlook Energy Transformation 2050 written by International Renewable Energy Agency IRENA and has been published by International Renewable Energy Agency (IRENA) this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-01 with Technology & Engineering categories.
This outlook highlights climate-safe investment options until 2050, policies for transition and specific regional challenges. It also explores options to eventually cut emissions to zero.
A Liberal Actor In A Realist World
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Author : Andreas Goldthau
language : en
Publisher: Oxford University Press, USA
Release Date : 2015
A Liberal Actor In A Realist World written by Andreas Goldthau and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Business & Economics categories.
Since 1992, the European Union has put liberalisation at the core of its energy policy agenda. This aspiration was very much in line with an international political economy driven by the neo-liberal (Washington) consensus. The central challenge for the EU is that the energy world has changed, while the EU has not. The rise of Asian energy consumers (China and India), more assertive energy producers (Russia), and the threat of climate change have securitized the IPE of energy, and turned it more 'realist'. The main research question is therefore: 'What does a liberal actor do in a realist world?' The overall answer as far as the EU is concerned is that it approaches energy challenges as a problem of market failure: imperfect competition on the supply side; inadequate supply of public goods on the demand side and in terms of infrastructure; and large externalities that arise both from non-energy events and from large-scale consumption of fossil fuels. A Liberal Actor in a Realist World assesses the changing nature of the global political economy of energy and the European Union's response, and the external dimension of the regulatory state. The book concludes that the EU's soft power has a hard edge, which is derived primarily from its regulatory power. This works best when it targets companies rather than governments, and it is more effective in the 'Near Abroad' than at the global level. This makes the EU emerge an actor in its own right in the global political economy of energy - a 'Regulatory Power Europe'.