by Shane Henson — January 4, 2012—The European Union (EU) now has a clear-cut path toward achieving its stated goal of cutting emissions by at least 80 percent by 2050 without disrupting energy supplies or the economy. The EU’s goals and strategies are outlined in the long-awaited Energy Roadmap 2050.
Outlining the consequences of a carbon-free energy system, the document reveals that switching most of Europe’s energy to renewables would be just as cost efficient as continuing to use fossil fuels, which will mean energy ministers can invest even more confidently in the clean revolution.
The roadmap uses new energy model scenarios to show renewables and energy efficiency are “no regrets” policies, which sends the urgent signal to investors and policy makers to start developing immediately to reap the benefits to their fullest potential.
EU’s leadership says the four future “decarbonization scenarios” the roadmap is built around are based on increased levels of energy efficiency, renewable, nuclear energy, and carbon capture and storage (CCS).
While none of these scenarios is likely to prevail by itself, the findings all show very positive outcomes for Europe if renewables dominate its future energy mix. Analysis showed:
- Decarbonization is technically and economically achievable, costing less than current policies in the long term.
- Energy efficiency and renewables are critical to meeting Europe’s 2050 emissions targets.
- Investing early avoids costly charges later on.
- Any costs will be outweighed by sustainable investment, related green jobs and greater energy security.
- Energy efficiency and renewables are critical to meeting Europe’s 2050 emissions targets.
