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Europe: European Union Clean Energy Policy

Potential Implications of the EU 2050 Greenhouse Gas
Targets for Smart Energy and Transportation

The European Union has adopted a highly ambitious target of decarbonizing power generation and other key industrial sectors, in addition to 67% cuts in greenhouse gas (GHG) emissions from transport and up to 91% in reductions within the residential sector by 2050. To accomplish these goals, the EU embarked on a strategy of developing a holistic view of energy, transport, and efficiency – a departure from the traditional silo approach to policymaking. The roadmaps and white papers produced as part of this process provide several directional indicators on technology development in the EU, along with key targets that must be addressed at the member state level.

The implications of these policy documents cannot be underestimated, as they form a blueprint for the transition to a Smart Energy economy and a Smart Transport network within and across 27 countries, with a total population of 501 million people. This emerging policy framework will have a profound effect on the development of clean energy, the smart grid, and intelligent transportation systems.

This Pike Research white paper examines issues related to the EU 2050 targets and analyzes their implications alongside broader economic opportunities, such as creating a world-leading cleantech investment hub in the European Union and developing a robust energy infrastructure based on low-carbon technologies. The paper provides interpretation and analysis of policy trends as they relate to the development and adoption of emerging smart energy and transportation technologies and operational models.

What does this report answer?
•What are the current EU policy documents affecting smart grids and smart transportation development?
•What are the potential implications for technology development of the 2050 GHG emissions targets in the EU?
•Which technologies are likely to be further developed and deployed in the EU?
•Which will win in the EU – batteries or fuel cells?
•What are the EU 2050 GHG targets by sector?

Who needs this report?
•Policy makers
•Technology vendors
•Industry associations
•Government agencies
•Investor community
•Utilities

Table of Contents

1. Executive Summary

1.1 EU-27 Moves to a Low Carbon Economy

2. EU Low Carbon Economy Policy Background

2.1 Overview

2.2 2008 Energy and Emissions Profile

3. Implications of the EU Low Carbon Economy Policies

3.1 Overview

3.2 Energy

3.3 Transport

3.4 Energy Efficiency

3.5 Policy Discussion

4. Summary and Conclusions

4.1 Technology Development and Deployment

4.1.1 Shipping

4.1.2 Alternative Fuel Vehicle Refueling Technology

4.1.3 Residential

4.2 Development of Alternative Business Models

4.2.1 Energy Storage

4.2.2 Microgrids and Distributed Generation

4.3 Development of Alternative Consumption Models

4.3.1 The Use of ITS

4.3.2 Carbon Reduction at Residential Levels

5. Appendix I – Reference List
6. Acronym and Abbreviation List
7. Table of Contents
8. Table of Charts and Figures
9. Scope of Study and Sources and Methodology

List of Charts and Figures
•Final Energy Consumption by Sector and Country, EU: 2008
•Final Energy Consumption by Sector and Country, EU: 2008
•Percentage Gross Inland Consumption by Fuel by Country, EU: 2008
•Renewable Energy Penetration Share per EU Nation: 2008
•Final Energy Consumption by Mode of Transport, EU: 2008
•GHG Emissions by Sector, EU: 1990-2008
• GHG Emissions by Sector, EU: 2008
•High-Speed Rail Network in Europe: 2010
•EU Infrastructure Priority Areas for Electricity, Natural Gas, and Oil: 2011
•Roadmap of the EU Smart Cities Initiative

List of Tables
•GHG Reductions Compared to 1990 (% Reductions; 1990 = 100%): 2005-2050
•GHG Reductions Compared to 1990 (% Reductions; 1990 = 100%): 2005-2050
•Assessment of R&D Requirements for the Core Focused Transport Systems
•Final Energy Consumption by Sector and Country, EU: 2008
•Percentage Gross Inland Consumption by Fuel by Country, EU: 2008
•Renewable Energy Penetration Share per EU Nation: 2008
•Final Energy Consumption by Mode of Transport, EU: 2008
•Percentage GHG Emissions by Sector, EU: 2008

Posted in Renewable Energy, Research, Smart Energy
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