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ID:
114313
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Publication |
2012.
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Summary/Abstract |
We use the multi-scale power system model LIMES-EU+ to explore coordinated long term expansion pathways for Renewable Energy (RE) generation, long distance transmission and storage capacities for the power sector of the Europe and Middle East/North Africa (MENA) regions that lead to a low emission power system. We show that ambitious emission reduction targets can be achieved at moderate costs by a nearly complete switch to RE sources until 2050, if transmission and storage capacities are expanded adequately. Limiting transmission capacities to current levels leads to higher storage requirements, higher curtailments, and to an increase in temporal and spatial electricity price variations. Results show an escalation of electricity prices if emission reductions exceed a critical value. Adequate expansion of transmission and storage capacities shift this threshold from 70% to 90% emission reductions in 2050 relative to 2010.
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2 |
ID:
125431
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Publication |
2013.
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Summary/Abstract |
This study assesses the prospects for presently available abatement technologies to achieve significant reductions in CO2 emissions from large stationary sources of CO2 in the EU up to year 2050. The study covers power generation, petroleum refining, iron and steel, and cement production. By simulating capital stock turnover, scenarios that assume future developments in the technology stock, energy intensities, fuel and production mixes, and the resulting CO2 emissions were generated for each sector. The results confirm that the EU goal for reductions in Greenhouse Gas Emission in the sectors covered by the EU Emission Trading System, i.e., 21% reduction by 2020 as compared to the levels in 2005, is attainable with the abatement measures that are already available. However, despite the optimism regarding the potential for, and implementation of, available abatement strategies within current production processes, our results indicate that the power and industrial sectors will fail to comply with more stringent reduction targets in both the medium term (2030) and long term (2050). Deliberate exclusion from the analysis of mitigation technologies that are still in the early phases of development (e.g., CO2 capture and storage) provides an indirect measure of the requirements for novel low-carbon technologies and production processes.
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