Model-based analysis of decarbonising the EU economy in the time horizon to 2050

Capros, P; Tasios, N; De Vita, A; Mantzos, L; Paroussos, L

dc.contributor.author	Capros, P	en
dc.contributor.author	Tasios, N	en
dc.contributor.author	De Vita, A	en
dc.contributor.author	Mantzos, L	en
dc.contributor.author	Paroussos, L	en
dc.date.accessioned	2014-03-01T02:11:26Z
dc.date.available	2014-03-01T02:11:26Z
dc.date.issued	2012	en
dc.identifier.issn	2211467X	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/29900
dc.subject	Climate policy	en
dc.subject	Energy analysis	en
dc.subject	Energy modelling	en
dc.subject	Energy policy	en
dc.title	Model-based analysis of decarbonising the EU economy in the time horizon to 2050	en
heal.type	journalArticle	en
heal.identifier.primary	10.1016/j.esr.2012.06.003	en
heal.identifier.secondary	http://dx.doi.org/10.1016/j.esr.2012.06.003	en
heal.publicationDate	2012	en
heal.abstract	This paper describes the methodology of using the PRIMES energy system model to quantify various scenarios accompanying the "" Roadmap for moving to a competitive low-carbon economy in 2050"" published in March 2011 by the European Commission. The paper focuses as well on emission and cost implications.The model based analysis finds that the decarbonisation of the energy system is possible with technologies known today; the power generation sector reduces emissions the most, but also demand side sectors reduce their emissions considerably. Despite considerable restructuring towards using electricity, transportation shows residual emissions by 2050 mainly due to the long-distance road freight transport and aviation. The energy system costs for decarbonisation were found to represent between 0.24 and 1.63 percentage points of cumulative GDP over the time period 2010-2050 higher than in a Reference scenario case which obtains the Climate and Energy package targets in 2020 and a long-term target of 40% emission reductions compared to 1990. The cost range depends on the timely availability of certain decarbonisation options (e.g. CCS, electrification in transportation) and on the extent of emission reduction actions worldwide. © 2012 Elsevier Ltd.	en
heal.journalName	Energy Strategy Reviews	en
dc.identifier.doi	10.1016/j.esr.2012.06.003	en
dc.identifier.volume	1	en
dc.identifier.issue	2	en
dc.identifier.spage	76	en
dc.identifier.epage	84	en