BEYOND 2020 — STRATEGIES AND COSTS FOR TRANSFORMING THE EUROPEAN ENERGY SYSTEM

The Energy Modeling Forum 28 (EMF28) study systematically explores the energy system transition required to meet the European goal of reducing greenhouse gas (GHG) emissions by 80% by 2050. The 80% scenario is compared to a reference case that aims to achieve a 40% GHG reduction target. The paper investigates mitigation strategies beyond 2020 and the interplay between different decarbonization options. The models present different technology pathways for the decarbonization of Europe, but a common finding across the scenarios and models is the prominent role of energy efficiency and renewable energy sources. In particular, wind power and bioenergy increase considerably beyond current deployment levels. Up to 2030, the transformation strategies are similar across all models and for both levels of emission reduction. However, mitigation becomes more challenging after 2040. With some exceptions, our analysis agrees with the main findings of the "Energy Roadmap 2050" presented by the European Commission.

[1]  T. Rutherford,et al.  Feasible climate targets: The roles of economic growth, coalition development and expectations ☆ , 2009 .

[3]  Sergey Paltsev,et al.  European-led climate policy versus global mitigation action. Implications on trade, technology, and energy. , 2013 .

[4]  D. P. van Vuuren,et al.  Transforming the European energy system: member states' prospects within the EU framework. , 2013 .

[5]  Elmar Kriegler,et al.  The role of Asia in mitigating climate change: Results from the Asia modeling exercise , 2012 .

[6]  Pantelis Capros,et al.  COST CONCEPTS FOR CLIMATE CHANGE MITIGATION , 2013 .

[7]  Jan Christoph Steckel,et al.  The economics of decarbonizing the energy system—results and insights from the RECIPE model intercomparison , 2012, Climatic Change.

[8]  Christoph Böhringer,et al.  Efficiency, Compensation, and Discrimination: What is at Stake When Implementing the EU Emissions Trading Scheme? , 2003 .

[9]  Sergey Paltsev,et al.  The future of U.S. natural gas production, use, and trade , 2011 .

[10]  Franklin Farell Roadmap to a Single European Transport Area: Towards a competitive and resource efficient transport system , 2014 .

[11]  Tom Kober,et al.  Implications of different climate protection regimes for the EU-27 and its member states through 2050 , 2012 .

[12]  Robert J. Lempert,et al.  Confronting Surprise , 2002 .

[13]  T. Koljonen,et al.  The impact of residential, commercial, and transport energy demand uncertainties in Asia on climate change mitigation , 2012 .

[14]  Kristian Lindgren,et al.  Carbon Capture and Storage From Fossil Fuels and Biomass – Costs and Potential Role in Stabilizing the Atmosphere , 2006 .

[15]  Andreas Löschel,et al.  EU climate policy up to 2020: An economic impact assessment , 2009 .

[16]  Danièle Revel,et al.  Annual European Union greenhouse gas inventory 1990-…2011 and inventory report 2013 , 2013 .

[17]  Michael Grubb,et al.  Induced Technological Change: Exploring its Implications for the Economics of Atmospheric Stabilization: Synthesis Report from the innovation Modeling Comparison Project , 2006 .

[18]  Socrates Kypreos,et al.  The Economics of Low Stabilization: Model Comparison of Mitigation Strategies and Costs , 2010 .

[19]  M. Tavoni,et al.  Technology innovation and diffusion in “less than ideal” climate policies: An assessment with the WITCH model , 2012, Climatic Change.

[20]  Pantelis Capros,et al.  Transformations of the energy system in the context of the decarbonisation of the EU economy in the , 2012 .

[21]  Andrea Schröder,et al.  An electricity market model with generation capacity expansion under uncertainty , 2012 .

[22]  Andreas Löschel,et al.  Promoting Renewable Energy in Europe: A Hybrid Computable General Equilibrium Approach , 2006 .

[23]  Competitive low carbon economy in 2050 , 2013 .

[24]  Hannah Förster,et al.  European Energy Efficiency and Decarbonization Strategies Beyond 2030 – A Sectoral Multi-Model Decomposition , 2013 .

[25]  Jessica Strefler,et al.  The value of bioenergy in low stabilization scenarios: an assessment using REMIND-MAgPIE , 2014, Climatic Change.

[26]  Sergey Paltsev,et al.  The MIT Emissions Prediction and Policy Analysis (EPPA) Model: Version 4 , 2005 .

[27]  Bas Eickhout,et al.  Stabilizing greenhouse gas concentrations at low levels: an assessment of reduction strategies and costs , 2007 .

[28]  S. Mima,et al.  European climate -- energy security nexus: A model based scenario analysis , 2012 .

[29]  M. Laughton,et al.  Economics of Renewable Energy Sources , 1990 .

[30]  Claudia Kemfert,et al.  German Nuclear Phase-Out Policy: Effects on European Electricity Wholesale Prices, Emission Prices, Conventional Power Plant Investments and Electricity Trade , 2012 .

[31]  Michael Hübler,et al.  The EU Decarbonisation Roadmap 2050: What Way to Walk? , 2013 .

[32]  Gunnar Luderer,et al.  Managing the Low-Carbon Transition - From Model Results to Policies , 2010 .

[33]  R. Sands,et al.  Bio-electricity and land use in the Future Agricultural Resources Model (FARM) , 2014, Climatic Change.

[34]  Gabrial Anandarajah,et al.  TIAM-UCL Global Model Documentation , 2011 .

[35]  M. Tavoni,et al.  A World Induced Technical Change Hybrid Model , 2006 .