Energy | Technical Report
Cost-effective decarbonisation study
24 November 2020
This study is a review of current EU energy policy and its implementation, in order to determine the lessons that can be learned in terms of developing an energy policy that meets the objective of sustainability (i.e. meeting the CO2 reduction targets set in the light of the EU’s Paris commitments) but at the same time delivers on competitiveness (generating competitive prices and creating jobs, fairness (ensuring fair prices for citizens and sharing fairly any burden between citizens across the EU) as well as energy security. In addition, the role of energy technologies has been analysed across different energy scenarios aiming at complying with Paris agreement targets and supported by detailed modelling. Having verified the discrepancies of these energy scenarios in terms of technological decarbonisation potential and needed investments, we provide evidence of the future costs of certain strategic energy technologies towards a cost-effective EU decarbonisation. In particular, we focus on the future costs of renewable electricity and hydrogen technologies. We first analysed the potential future uses of electricity and hydrogen across scenarios and then the assumptions on future costs of these technologies (e.g. levelized costs, technical potential), drawing conclusions on their cost-competitiveness and on the need for further policy support.
logo cadmus Read it on Cadmus Download in open access

LATEST FSR PUBLICATIONS

Technical Report
In this special issue we focus on the digitalisation of infrastructure, and different infrastructure industries are analysed. Common challenges will be identified, as well as the specificities of each sector. [...]
Book
Bridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It [...]
Working Paper
Ofcom identified significant competition concerns in the UK pay TV market and proposed regulatory remedies to address them. For about ten years it tried to get these measure implemented. However, [...]
Other
Most existing Emissions Trading Systems (ETSs) include their own specific Price Control Mechanism (PCM): a design feature which steers the allowance price into a desired range. Divergences along five key [...]
Other
The environmental ambition of an ETS may be assessed considering three dimensions: emissions coverage, stringency and determinacy. Allowance prices are an imperfect metric for the stringency of an ETS. Yet, [...]
Technical Report
The EU Clean Energy Package (CEP) was finalised in June 2019 after the publication of its final texts in the Official Journal of the European Union, following trilogue negotiations between [...]

Join our community

To meet, discuss and learn in the channel that suits you best.

scroll

top