Transition to new sources of energy: technologies, costs and geopolitics

Europe has the leadership in trying to solve what is believed to be the main […]

16/07/2018

Europe has the leadership in trying to solve what is believed to be the main global problem of our times; climate change caused by increasing greenhouse gas emissions from fossil fuel combustion. A commitment it took seriously when the scientific discussion emerged on this field at the beginning of the ‘70s, strengthened over the following decades until the Paris agreement of December 20151. The opportunity for jobs and increased GDP is immense. Many European Union policies are defined to combat climate change and it is one of the priorities, along with Energy Union, defined by the Commission in 2014 for 2020. Moreover, the Commission in 2011 approved the Road Map to 2050 that aims at reducing CO2 emissions between 80% and 95% compared to 1990 level by 2050.


 

Europe can boast important achievements since its emissions in 2016 were already 22% lower than in 1990, however the reduction trend stopped recently and inverted in 2017 with a sudden increase of 1.8%2, according to the preliminary estimates of Eurostat, driven mostly by a robust recovery of energy consumption. The target of 20% reduction by 2020 has already been reached, while that of 40%3 seems now more distant. The present paper after a brief analysis of the present energy market  conditions, emphasises that the process of transitioning to a lower carbon society at its most challenging phase. Initial decarbonisation was easier in the first phase from 1990 onward until few years ago, as there were large opportunities to improve energy efficiency and to close some of the most polluting plants. For instance several out-dated coal power stations in central and eastern Europe were replaced by modern plants using gas. In the countries with the biggest GDP in Europe, a huge jump of renewable energy sources (RES) took place due to generous subsidy schemes. Nevertheless renewables are becoming more and more competitive compared to conventional fuels. The latest roadmap from IRENA, prepared with the European Commission shows that the EU could cost effectively double its RES share.

Read the study

 

 

 

 

Find all related publications
Publications
20/06/2022

Talking Green in Europe

Lessons on re-framing the public debate on the climate crisis
13/06/2022

Just Transition & Revitalisation – A New EU Strategy for Rural Areas

How can EU actions support the revitalisation of rural areas? How can EU institutions put […]
10/05/2022

How to address Europe’s green investment gap

This policy brief presents the combined findings of the three policy studies on climate investment […]
28/03/2022

Talking Green Hungary

Public perception of a just green transition in Hungary
Find all related events
Events
Past
03 - 04/06/2022
Stockholm (Sweden)

Just Transition: The path to a healthy planet for the prosperity of all

Stockholm (Sweden), 3 June 2022 Urgent action is needed to prevent the breakdown of our climate and […]
12/05/2022

Policy Measures for a Just Transition

12 May 2022 Ideas for Designing a Structural Transformation to Reduce Inequalities Policy discussions in […]
25/04/2022

Circular Economy Book Launch (Latvian version)

25 April 2022 FEPS is glad to release the English version of the panel discussion hosted by the Freedom […]
Find all related news
News
28/09/2021

FEPS joins the European Alliance for a Just Transition

We are delighted to announce that FEPS joins the European Alliance for a Just Transition […]
28/04/2020

FEPS article series on intergenerational solidarity and the need for climate justice

This article series aims to inform on the ways in which intergenerational solidarity can be […]
27/04/2020

New Policy Report on the Green Deal: achieving sustainability and equity in a post-COVID-19 era

The Foundation for European Progressive Studies (FEPS), together with the Institute for European Environmental Policy […]
28/10/2019

UNited for Climate Justice – New York Conference

On the occasion of this year’s annual conference taking place on the fringes of the […]
Find all related in the media
In the media

Leaders Must Choose a Just Energy Transition and a Social Europe

by Euractiv 30/05/2022

The circular economy and green jobs

by ENCOMPASS 25/05/2022

Da Prodi a Rodrigues, domani al via la ’Terza conferenza sul futuro dell’Europa’

by La Nazione 25/05/2022

€10 trillion in green public investments to grow out of climate change

03/11/2021