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A Carbon-Free Energy Society by 2050 What do we Expect from Policy Makers to Get there?”. William D’haeseleer K.U.Leuven Energy Institute. Climate-Change Driver. Annual energy related CO 2 worldwide emissions. 450 ppm scenario. IEA WEO 2009. Climate-Change Challenge.
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A Carbon-Free Energy Society by 2050 What do we Expect from Policy Makers to Get there?” William D’haeseleer K.U.Leuven Energy Institute
Climate-Change Driver Annual energy related CO2 worldwide emissions 450 ppm scenario IEA WEO 2009
Climate-Change Challenge To limit temperature increase to 2°C above pre-industrial level Ref: Jos Delbeke, CEU
False Start with Copenhagen? To limit temperature increase to 2°C above pre-industrial level OECD should decrease by30%in 2020 But after Copenhagen, no commitments and EU sticks to-20% Ref: Jos Delbeke, CEU
And the answer is… • Solutions must rely on technology • Clever combination of existing technologies • New, perhaps revolutionary technologies
All Means Will be Necessary Ref: IEA ETP 2010
Europe’s Challenge Reference: European Commission COM(2011) 112/4
Solutions ? Need paradigm shiftfor energy provision Completely different system by 2050-…: Maybe H2 as partly energy carrier (?) Maybe 2-nd & 3-rd gen biofuels successful (?) Maybe new synthetic liquid fuels from CO2 capture by means of solar light (?) But likely much more electrified! Balancing, flexibility Intelligent Grids (HV & LV), Storage
How to implement energy revolution? Must take the right decisions now to turn ocean liner ! Daring, visionary but consistent policies But thorny challenges & inconveniences How get to 2050?
Uncertainties Popular uprisings MENA How get to 2050?
Uncertainties Nuclear Accident Fukushima How get to 2050?
Uncertainties Stability of EURO zone? Need investments! How get to 2050?
Further complications… • Shale gas seems way to go… but…
Further complications… • Battle for future grids… which grids???
Challenges / Opportunities • Energy & GHG challenges force paradigm shift • New energy system creates opportunities for business • Should concentrate on niches and excel in those high-tech domains
Challenges / Opportunities • Combined approach needed: • Sustainable energy provision • Business involvement to shape the energy revolution Policy decisions, based on rational analyses, facts & figures are crucial