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Persistent link: https://www.econbiz.de/10011311215
The low-carbon transition, for example in line with the European Commission’s proposed Long-Term Strategy1 net-zero2 target by 2050 or the Commission President-elect ‘climate neutrality’ objective, will require a very large increase in electricity, especially for low-carbon solutions in...
Persistent link: https://www.econbiz.de/10012140154
Electricity will play a greater role in the transport and building sectors and all decarbonisation scenarios point to the increasing electrification of the energy system. To reach EU climate change targets, however, electricity will need to come increasingly from low carbon sources, especially...
Persistent link: https://www.econbiz.de/10014118852
By 2030, half of the EU's electricity demand will be covered by renewables and will need to be accompanied by flexible conventional back-up resources. Due to the high upfront costs inherent to renewables and the progressively lower running times associated with back-up capacity, the cost of...
Persistent link: https://www.econbiz.de/10012991811
As part of the “Clean Energy for All Europeans” package, the European Commission has proposed a Regulation on risk-preparedness in the electricity sector that aims to improve cooperation among member states in preventing, preparing for and managing electricity crises. To reap the benefits of...
Persistent link: https://www.econbiz.de/10012945341
This CEPS Special Report analyses the benefits that would result from more electricity trading in northern Europe – including the Nordic and Baltic states, Germany, the UK, Poland, the Netherlands and Belgium. It argues that trading electricity across national borders can bring down the cost...
Persistent link: https://www.econbiz.de/10014171379
Electricity trading can bring down the costs of the EU’s transition to a competitive low-carbon economy, in particular by facilitating the integration of renewable energy from variable sources. This CEPS Special Report finds, however, that insufficient grid infrastructure and regulatory...
Persistent link: https://www.econbiz.de/10014173573