The Commission presents the Energy Roadmap 2050 for a competitive energy production
The Energy Roadmap 2050 presented by the Commission explains the consequences of a carbon free energy system and the policy framework needed. According to the Commission, the Roadmap will allow Member States to make the required energy choices and create a stable business climate for private investment, especially until 2030.
The European Commission presented the Energy Roadmap 2050 which can help to achieve the goal of cutting emissions by over 80% by 2050. Based on the analysis of a set of scenarios, the document describes the consequences of a carbon free energy system and the policy framework needed. In particular, the analysis is based on illustrative scenarios, created by combining in different ways the four main decarbonisation routes (energy efficiency, renewables, nuclear and CCS). None is likely to materialise but all scenarios clearly show a set of "no regrets" options for the coming years. The European Commission already adopted on 8 March a Plan aimed to improve energy efficiency in the European Union.
The Commission presents this roadmap with the aim of achieving the low-carbon 2050 objectives while improving Europe's competitiveness and security of supply. Member States are already planning national energy policies for the future, but it is necessary to join forces in coordinating their efforts within a broader framework. The Roadmap will be followed by further policy initiatives on specific energy policy areas in the coming years, starting with proposals on the internal market, renewable energy and nuclear safety next year.
According the roadmap, decarbonisation of the energy system is technically and economically feasible. Furthermore, energy efficiency and renewable energy are critical. Irrespective of the particular energy mix chosen, higher energy efficiency and important rising shares of renewables are necessary to meet the CO2 targets in 2050. The roadmap also underlined that early investments cost less. Investment decisions for the necessary infrastructure up to 2030 must be taken now, as infrastructure built 30-40 years ago needs to be replaced. Furthermore, the investments made now will pave the way for the best prices in the future. The document also highlights the need of economies of scale because a European approach will result in lower costs and secure supply compared to national parallel schemes. This includes a common energy market which should be completed by 2014.