Pantelis Capros, Nikolaos Tasios, Alessia De Vita, Leonidas Mantzos, Leonidas Paroussos, (2012) "Transformations of the energy system in the context of the decarbonisation of the EU economy in the time horizon to 2050", Energy Strategy Reviews, Volume 1, Issue 2, September 2012, pages 85-96.
This paper presents the main energy-related projections for various scenarios quantified with the PRIMES energy system model, used for the impact assessment study accompanying “Roadmap for moving to a competitive low-carbon economy in 2050” published in March 2011 by the European Commission.
The analysis shows that decarbonising the EU economy in the time horizon to 2050 is feasible with currently known technologies provided that considerable restructuring in energy demand and supply sectors goes together with technology improvement. Energy system costs will have to increase, with capital costs increasing significantly. The results confirm that strategies combining all decarbonisation options are more cost-efficient than strategies excluding some options.
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