Previous reports suggest that achieving Europe’s 2050 emission reduction targets will be neither easy nor cheap, and that there may be significant barriers to implementing the changes that will be necessary.
The European Gas Forum was formed to contribute new insights to this critical issue. The Forum’s objective for its study was to create an integrated fact-base to support the development of lowest-cost options within the framework of Europe’s 2050 objectives. It represents the collective view of the working groups of this study but does not reflect that of individual companies or organizations.
The study accepts emission reduction targets as ‘given’, even where those targets may be very hard to deliver in practice. It also takes into account several constraints that place upper and lower limits on the pace of implementation and on the mixes of conventional and new technologies for power generation in Europe. The study emphasises cost-effectiveness, and offers a technical analysis to support the formulation of the necessary steps to achieving the targets.
This report is intended to facilitate a transparent debate about how to best achieve the emission reductions targeted by the EU. It summarises the findings of the study conducted by the members of the European Gas Forum. It provides policy makers and industry players with descriptions of three potential comprehensive pathways (the ‘optimised’ pathways) to achieving the 80% CO2 abatement targets by 2050, and the derived intermediate target by 2030. Comparisons are made between these ‘optimised’ pathways and others that have been published previously.
Download report pdf: Making the Green Journey Work