The European Union has made drastic shift from fossil fuels and get more energy from renewable sources, which increases the cost of electricity for the next two decades, according to a draft document seen by Reuters on Monday.
2050 Energy Road Map published by the end of 2050 to integrate a low-carbon roadmap published by the European Commission earlier this year in order to identify ways to reduce carbon dioxide emissions by more than 80 percent by half of the century.
"Today, the European energy system is based mainly on fossil fuels. This has to change," written 2050 Energy project roadmap.
"Most scenarios suggest that electricity prices will increase by 2030, but then decreases," he said.
The cost of energy expenditures could increase by as much as 15 percent of household income in 2030 and 16 percent in 2050, although this will include the capital costs and fuel costs of transportation.
A spokeswoman said the Commission does not comment on the proposed flight.
Environmental groups argue that the prices will be much cheaper renewable alternative to fossil fuels, period.
The roadmap lists a number of scenarios to reflect different levels of energy efficiency, renewable energy at different levels, a possible delay in the implementation of carbon capture and storage technology, nuclear energy and whether more or less is used.
Even without additional investments in renewable energy, investment costs rise, the draft notes. The EU has said elsewhere, the infrastructure requires major improvements.
In addition, alternative energy has the added benefit of reducing exposure to volatile fossil fuel prices and vulnerability to imported oil and gas as the dominant natural gas supplier Russia.
The scientists said carbon emissions would be reduced between 80 and 95 percent in 2050 to contain global warming to 2 degrees Celsius (3.6 degrees Fahrenheit) that scientists say is necessary to avoid the worst effects of climate change .
Electricity is an obvious way to decarbonisation of energy transport demand is relatively inelastic, although the nature finally sees the shift to electric vehicles.
Yet, the roadmap is needed for some oil investments precautions, including the refinery, many companies are willing to sell, because they are not profitable enough.
"Maintaining a foothold in the global oil market and to maintain domestic refineries, although production and consumption falls at home, it is important for the EU economy and security," he said.
MORE POWER
In all scenarios, the power plays a much larger, almost double its share in final energy demand by 36 to 39 percent in 2050.
Renewable energy also increases significantly in all scenarios, the achievement of at least 55 percent of the gross final energy consumption in 2050, up 45 percentage points from the current level of 10 percent .
In a scenario of high renewable energy, it would increase to 97 percent in 2050.
However, the use of coal could fall to very low levels, while the gas that emits only half the carbon dioxide that coal used for energy production, has a valuable role as a transition fuel until 2030 or 2035.
The importance of shale gas is clear, however, because it is still in the early stages of exploration, said project.
EU member Poland seeks to develop its huge reserves of shale gas, but environmentalists have expressed concern about hydraulic fracturing, and fracturing process for the extraction of shale gas.
The European Commission has commissioned a legal study to determine whether EU legislation is sufficient to cover all problems.
Much wider use of renewable energy at the same time could change the role of lender of utilities, said the project, the continuation of the discussion on the possible use of bonds to fund.
"Long term investors should be in more institutional investors in financing energy investments," he said.
All scenarios depended on the conclusion of a global climate agreement, the project said. EU environment ministers last week, said the blockade was open to signing a new phase of the Kyoto climate change agreement, provided that other countries have signed too.
"If a coordinated response to climate change among the biggest players in the world can not strengthen in the coming years, the question is how far the EU must continue with a transition-oriented energy decarbonization" is said.
He also noted the EU for 2020 will be reached around 2050-scenarios.
Three in the EU by 2020 are to reduce carbon emissions by 20 percent, 20 percent comes from renewable energy sources and a third objective - which, unlike the other two non-binding - to improve efficiency of 20 percent.
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