Energy is the lifeblood of our civilization Quotation from an - PowerPoint PPT Presentation

Energy mix and transition to a low-carbon economy Energy is the lifeblood of our civilization Quotation from an energy-related OPINION of the EESC Gerd Wolf – Conference European Energy Community – Road Map 2050 - 31.January 2012

� EU-27 results Reference scenario: GDP, energy consumption and CO2 emissions 40 years back and ahead (1990 = 100) 300 GDP 250 200 Gross energy 150 consumption 100 CO2 50 emissions 0 1970 1980 1990 2000 2010 2020 2030 2040 2050 1

� Context: Low-Carbon Economy Roadmap (Mar 2011) 100% 100% Basis of scenarios 80% domestic GHG Power Sector 80% 80% reduction in 2050 Current policy Residential & Tertiary Efficient 60% 60% pathway: Industry -25% in 2020 40% 40% -40% in 2030 -60% in 2040 Transport 20% 20% Non CO 2 Agriculture Non CO 2 Other Sectors 0% 0% 1990 2000 2010 2020 2030 2040 2050 2 2

� Context: Low-Carbon Economy Roadmap (Mar 2011) 100% 100% Basis of scenarios 80% domestic GHG Power Sector 80% 80% reduction in 2050 Current policy Residential & Tertiary Efficient 60% 60% This implies an even pathway: Industry -25% in 2020 greater challenge and a 40% 40% -40% in 2030 -60% in 2040 risky blood-letting Transport 20% 20% Non CO 2 Agriculture Non CO 2 Other Sectors 0% 0% 1990 2000 2010 2020 2030 2040 2050 3 3

Energy mix and transition to a low-carbon economy Will this blood-letting weaken our condition or will it prove therapeutic in the long term? Can we develop an energy mix which is robust, powerful, competitive and diverse enough to fulfill our expectations? Will we find satisfactory solutions even outside the electricity sector? How can the Energy Community contribute to this task?