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Roadmap 2050: a practical guide to a prosperous, low ...

Roadmap 2050: a practical guide to a prosperous , low-carbon Europe Volume I: technical and economic assessment Full documentation April, 2010 CONFIDENTIAL AND PROPRIETARY Any use of this material without specific permission of the European Climate Foundation is strictly prohibited 2 Scope of this document SOURCE: Team analysis In scope Forward pathways by decennium from 2010 to 2050 on energy demand, power demand, power supply and emissions for EU-27 A baseline as well as decarbonized pathways, ranging in share of renewable energy versus thermal and nuclear energy Plausible description of how an economy-wide GHG reduction of at least 80% could be realized Detailed assessment of decarbonized power sector, covering the technical design, cost of electricity Implications of decarboniz

3 Highlight of findings 80% reduction target technically feasible but challenging: Implementation would be a major challenge with all emitting sectors required to transform themselves, introducing technology and investment risks, along with major political and regulatory challenges.

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