PROPRIETARY Any use of this material without specific permission of the European Climate Foundation...

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PROPRIETARYAny use of this material without specific permission of the European Climate Foundation is

strictly prohibited

ROADMAP 2050A practical guide to a prosperous, low-carbon Europe

Administrator

ROADMAP 2050 PARTNERS

Transmission System Operators

NGOs

Manufacturers

Plus 40 more companies, NGOs and research institutes

Core Working Group participants Further outreach

Siemens

WWF

KEY STAKEHOLDERS WERE INVOLVED BY PROVIDING INPUT AND REVIEWING RESULTS

Utilities

THE DECARBONIZATION PATHWAYS ANALYSED ARE SUSTAINABLE, TECHNICALLY FEASIBLE, AND HAVE A POSITIVE IMPACT ON THE ECONOMY

1 Based on the McKinsey Global GHG Cost Curve2 Large efficiency improvements already included in the baseline3 CCS applied to 50% of industry (cement, chemistry, iron and steel, petroleum and gas, not applied to other industries) SOURCE: McKinsey Global GHG Abatement Cost Curve; IEA WEO 2009; US EPA; EEA; Roadmap 2050 Technical Analysis

AT LEAST 80% CO2 EMISSION REDUCTION

ENERGY EFFICIENCY & FUEL SHIFT GIVE OVERALL DEMAND

ELECTRICITY DEMAND 2050(EU-27 + Norway & Switzerland)

Energy production mix over the year, TWh per week

40% RES30% CCS

30% nuclear

60% RES20% CCS

20% nuclear

80% RES10% CCS

10% nuclear

THREE SPECIFIC PATHWAYS MODELED INCLUDING BOTH GENERATION AND GRID COSTS

RES DIVERSITY CONTRIBUTES TO CONSISTENT SUPPLY

COMBINING REGIONAL DEMAND CURVES REDUCES VOLATILITY

INTER-REGIONAL TRANSMISSION REQUIREMENTS

1313

3

2

2

1

2

2

0

20

0

20

0

20

0

Requirements on top of the baseline

2050, GW

CURTAILMENT IS KEPT LOW THROUGH GRID EXPANSION AND BACK-UP

CAPACITY

40% RES 30% CCS30% nuclear

80% RES 10% CCS10% nuclear

60% RES 20% CCS20% nuclear

Transmission & generation capacity requirements

Transmission Back-up and balancing RES curtail-ment1, %DR, %Pathways

Baseline

ANNUAL CAPEX DEVELOPMENT

COST OF ELECTRICITY

LONG TERM EU27 GDP

DECARBONIZING THE ECONOMY SAVES MONEY