Brussels-based member-led association SolarPower Europe and Finnish university LUT have launched a new report entitled 100% Renewable Europe: How to make Europe’s energy system climate neutral before 2050. The study models a 100 per cent renewables scenario for Europe to reach climate neutrality before 2050. It is the first of its kind to model a fully renewable pathway to achieving climate neutrality for the European energy system, presenting three transition pathways, with varying levels of ambition.
A key finding of the report is that the low ambition pathway in Europe is a burden for society, from both a climate change and economic perspective. The 100 per cent renewable scenarios result in lower per unit energy costs and show that achieving climate neutrality by 2050 is more cost-effective compared to a lower level of ambition.
Read the full report here.