PWC a Policy Roadmap for Europe - March 2010

8/9/2019 PWC a Policy Roadmap for Europe - March 2010

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PwC

100% renewable electricityA 2050 vision and roadmap for Europe and North Africa

March 2010


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Slide 2

100% renewable electricity: A 2050 vision and roadmap for Europe and North Africa

PricewaterhouseCoopers LLP

March 2010

Agenda

Introduction1

The 2010 / 2050 Transition and Roadmap2

Conclusions and next steps3


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Slide 3



March 2010

Good EU-wide policy

cohesion and alignment

What is the context and opportunity?

Introduction

Ageing infrastructure Security of supply Climate change

Change in the makeupand structure of thepower sector

?An opportunity to achieve100% renewable electricity

for Europe and North Africa

Roadmap

Need to stay within a2oC temperatureincrease

1


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Slide 4



March 2010

2010 / 2050: Todays starting point, tomorrows vision

2010

Demand challenges Power grid / power mix

Imports / security of supply

Emerging EU energy policy

Power market structure

REN electricity costs

Fossil fuel subsidies

2050

Regional power system

Decarbonised electricity generation

Unified European power market unitedwith NA

Most suitable sites / technologies

Affordable electricity / no energypoverty

Development of a Green market

Introduction1


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Slide 5



March 2010

A simplified market model

Government

Policy

Investment &

Finance

Infrastructure

& Planningh

Market

Structure

Supply

Chains

Generation

CapacityGrid

CapacityDemand

EnablingAreas

DeliveryAreas

Introduction1

R&D


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Slide 6



March 2010

Breaking down this down into manageable steps

2010 2020 2030 2040 2050

End-

2010

20122015

2020

2030

2040

2050

%R

ENgenera

tioninpowersecto

r

100%

50%

75%

25%

Current

state

Long term

milestones andvision

Medium term milestones, linkinginto existing EU 2020 targets

Short termmilestones

Introduction1


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Slide 7



March 2010

A roadmap to 2050

Introduction1


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Slide 8



March 2010

Key FindingsEnabling Area 1 Government Policy

Permission processes and public concern

Other EU Directives grid regulation

Sharing best practice / lessons learned

Building of institutional capacity across NAGrid

General

REN Directive (esp. Art 9, electricity imports)

Setting of binding regional 2030, 2040 and 2050targets

Long term policy, support schemes / incentives

Development of further technical guidelines



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Slide 9



March 2010

Key FindingsEnabling Area 2 Market Structure

Harmonisation of grid regulation

Increasing coordn between TSOs and Natl Grids

Managing electricity supply and demand

Supply chain constraints

New entrant network connectionGrid

General

Regionalisation / unification of EU power markets

Real time pricing and support schemes(dispatchability)

Grid connection for REN electricity

Increasing cooperation with North Africa



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Slide 10



March 2010

Key FindingsEnabling Area 3 Finance & Investment

Technology cost reductions

Project proposal development

HVAC and HVDC supply chain

Energy efficiencyGrid

General

Accessing all sources of financing

Information sharing, standardisation of tools

Development of bespoke products e.g.insurance

R&D and demonstration plant investments



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Slide 11



March 2010

Key FindingsEnabling Area 4 Infrastructure & Planning

Development of 3-5 regional Super Grids

Demonstration projects (transmission)

Reinforcing HVAC lines, new DC links to NorthAfrica

North African grid developmentGrid

Long term planning for regional grid expansion

Mandate to introduce new technologies, supportR&D

Commercial scale demo projects (generation)

Natural and strategic decommissioning of FF plants

General



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Slide 12



March 2010

Key FindingsOther Opportunities and Consequences

Governance and regulation

Engagement with the public

Other North African opportunities

Cost reductionGrid

General

Security of supply

Costs Environmental concerns

Sustainable development

Climate change



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Slide 13



March 2010

What is the context and opportunity?

Good EU-wide policy

cohesion and alignment

Ageing infrastructure Security of supply Climate change

Change in the makeupand structure of the

power sector

?

An opportunity toachieve 100%renewable electricity

for Europe andNorth Africa

Need to stay within a

2oC temperatureincrease

Roadmap

Conclusions and next steps3


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This presentation has been prepared for general guidance on matters of interest only, and does not constituteprofessional advice. You should not act upon the information contained in this presentation without obtainingspecific professional advice. No representation or warranty (express or implied) is given as to the accuracy orcompleteness of the information contained in this publication, and, to the extent permitted by law,PricewaterhouseCoopers LLP, its members, employees and agents do not accept or assume any liability,responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance onthe information contained in this publication or for any decision based on it.

2010 PricewaterhouseCoopers LLP. All rights reserved. 'PricewaterhouseCoopers' refers toPricewaterhouseCoopers LLP (a limited liability partnership in the United Kingdom) or, as the context requires, thePricewaterhouseCoopers global network or other member firms of the network, each of which is a separate andindependent legal entity. Design: 1000150_strategy design

PwC

PricewaterhouseCoopers

Sustainability and Climate [email protected]

+44 7711 828 845

Gus Schellekens

Thank you

The report can be downloaded from: www.pwc.com and www.SuperSmartGrid.net

Documents

PWC a Policy Roadmap for Europe - March 2010