Policy Roadmap to 2050 A 100% renewable electricity supply for Europe and North Africa is possible
Linking Renewables with a SuperSmart Grid in Europe and North Africa
The opportunity exists to harness all forms of renewable power at scale across Europe if this is supported by a single European power market united with a similar market in North Africa. This is the result of a new report released this week examining the potential for powering Europe and North Africa with renewable electricity exclusively by 2050. International energy and climate experts from PricewaterhouseCoopers LLP in collaboration with researchers of the Potsdam Institute for Climate Impact Research (PIK), the International Institute for Applied Systems Analysis (IIASA) and the European Climate Forum (ECF) report that the transformation of the power sector would address energy security and supply concerns while decarbonising electricity generation and at the same time contribute to a substantial reduction in energy poverty.
For the first time this study has formulated a policy roadmap towards a 2050 goal of achieving a 100% renewable power sector in Europe and North Africa. The researchers studied the market in terms of financial, infrastructure and government policy milestones for policy makers and business to answer the “what if” question.
The roadmap addresses four critical areas of intervention: Policy, Markets, Investments and Infrastructure. Political leadership is the key element for achieving the vision. It has the ability to foster a stable, long term and transparent regulatory framework that will promote confidence with investors and enable the build-up of the required supply chain and grid infrastructure.
Download the complete report here 100-renewable_electricity-roadmap
An overview of the method used to develop the policy roadmap and details of the key messages that have emerged to date are provided here.
Key messages:
- The development of Europe wide business cases by 2015 for renewables and grid infrastructure projects at a European level, that include long term renewable (REN) and climate targets
- The build-up of significant renewable energy generation capacity by 2015 to harvest wind and solar potentials
- Phasing out of fossil fuel subsidies by 2020 and the development of a strategic timeline for phasing out financial support for renewable technologies
- Setting up of REN targets for North Africa by 2020
- The creation of a single European power market by 2020
- Strategic decommissioning of fossil fuel plants in the EU and North Africa beginning in 2030, leading to their wholesale replacement by large scale renewable power generation by 2040.“



