Electricity is key to the challenge of climate change. With its potential for carbon-neutrality, electricity is an ideal vector to decarbonise the European economy. Electricity and high-efficient end-use electric technologies such as electric cars, heat pumps and efficient industrial applications will therefore play a rising role in the functioning of modern societies, thus combating climate change, achieving greater energy efficiency and creating economic growth and jobs.
In March 2009, 61 CEOs of the electricity sector representing more than 70% of the European generation output committed their companies to carbon-neutrality by 2050. The “Power Choices” study, released in June 2010, confirmed that it was technically and economically feasible to deliver this commitment. Beyond Europe, electric industry leaders from the USA, Japan, Canada and Australia also committed to large reductions in carbon and have set an industry goal of developing national or regional emission reduction trajectories towards a low-carbon future based on a common measure of carbon emission intensity.
This Programme proposes concrete measures and solutions that policy-makers and industry can pursue to reach these goals. The proposals are linked to a target date to the extent possible to drive delivery of the required outcomes.