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Energy transition

Fostering Effective Energy Transition 2023

Date of Editorial Board meeting: 
Publication date: 
Wednesday, June 28, 2023
Abstract in English: 
After a decade of progress, the global energy transition has plateaued amid the global energy crisis and geopolitical volatilities, according to the World Economic Forum's Fostering Effective Energy Transition 2023 report. The Energy Transition Index, which benchmarks 120 countries on their current energy system performance and on the readiness of their enabling environment, finds that while there has been broad progress on clean, sustainable energy, there are emerging challenges to the equity of the transition – just, affordable access to energy and sustained economic development – due to countries shifting their focus to energy security.
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72
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Global Energy and Climate Outlook 2020: A New Normal Beyond Covid-19

Date of Editorial Board meeting: 
Publication date: 
Friday, January 1, 2021
Abstract in English: 
This edition of the Global Energy and Climate Outlook (GECO 2020) puts its focus on analysing the impact of the Covid-19 outbreak on the transport sector as a whole. The transport sector has suffered the greatest slump in mobility demand of the history during the lockdown period, while the oil price has plummeted. This report explores the impacts of transport activity trends that may persist in the future from the structural changes induced by the Covid-19 pandemic, as well as of policy initiatives that may be adopted as enabling measures for low-carbon transport. While greenhouse gas emissions in this “New Normal” differ significantly compared to previous projections, the emissions gap towards a 2°C pathway is closed only by some 29%, thereby stressing the need of more ambitious collective action to maintaining global temperature change to well below 2°C.
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80
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GECO2015. Global Energy and Climate Outlook. Road to Paris. Assessment of Low Emission Levels under World Action Integrating National Contributions

Date of Editorial Board meeting: 
Publication date: 
Sunday, November 1, 2015
Abstract in English: 
This report presents the modelling work quoted in the EC communication "The Paris Protocol - a blueprint for tackling global climate change beyond 2020” in the EU’s Energy Union package. It examines the effects of a Baseline scenario where current trends continue beyond 2020, and of a Global Mitigation scenario in line with keeping global warming below 2°C. The analysis uses the POLES and GEM-E3 models in a framework where economic welfare is maximised while tackling climate change. In the Baseline, emissions trigger +3.5°C global warming. In the Global Mitigation scenario, all regions realise domestic emission cuts to stay below 2°C, with various profiles in 2020-2050 depending on their national characteristics. A significant transformation of the energy systems and non-energy measures enable regions at all levels of income to move to a low-emission growth pathway. Sectors linked (directly or indirectly) to carbon-intensive processes adjust their investments to be competitive in a low-emission environment. A significant number of regions draw economic benefits from shifting their expenditures on fossil energy imports to investments. GDP growth rates are marginally affected in most regions by global efforts to reduce emissions. Crucially, high growth rates are maintained in fast-growing low-income regions. Economic costs are reduced further when countries use emission permit auction revenues for other tax reductions. Delaying actions to stay below 2°C add large economic costs.
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182
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GECO 2016 Global Energy and Climate Outlook Road from Paris

Date of Editorial Board meeting: 
Publication date: 
Saturday, July 16, 2016
Abstract in English: 
Abstract
This report examines the effects on greenhouse gases emissions and international energy markets of a Reference scenario where current trends continue beyond 2020, of two scenarios where the UNFCCC Intended Nationally Determined Contributions have been included, and of a scenario in line with keeping global warming below a temperature increase of 2°C above pre-industrial levels. The report presents an updated version of the modelling work that supported DG CLIMA in the UNFCCC negotiations that resulted in the Paris Agreement of the COP21 in December 2015. In the Reference scenario, emissions trigger global warming above 3°C. In the INDC scenarios, regions adopt domestic policies that result in global changes in emissions and energy use, and would result, if pursued beyond 2030, in the long term in a global warming around 3°C; the INDCs cover 28-44% of the cumulated emissions reductions necessary to remain below a 2°C warming. In the 2°C scenario, all regions realise domestic emission cuts to stay below 2°C, with various profiles in 2020-2050 depending on their national characteristics. Reduction of non-CO2 emissions (34%), energy efficiency (20%) and the deployment of renewable energies (20%) are the main options contributing in the mitigation effort by 2030. A significant number of regions draw economic benefits from shifting their expenditures on fossil energy imports to investments in low-carbon and energy-efficient options. Global efforts to reduce emissions appears compatible with robust GDP growth is in most regions – in particular, high growth rates are maintained in fast-growing low-income regions. The analysis uses the JRC-POLES and JRC-GEM-E3 models in a framework where economic welfare is maximised while tackling climate change.
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133
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Accelerating Climate Action: Refocusing Policies through a Well-being Lens

Date of Editorial Board meeting: 
Publication date: 
Saturday, January 9, 2021
Abstract in English: 
This report builds on the OECD Well-being Framework and applies a new perspective that analyses synergies and trade-offs between climate change mitigation and broader goals such as health, education, jobs, as well as wider environmental quality and the resources needed to sustain our livelihoods through time. This report takes an explicitly political economy approach to the low-emissions transitions needed across five economic sectors (electricity, heavy industry, residential, surface transport, and agriculture) that are responsible for more than 60% of global greenhouse gas emissions. Synergies between emissions reduction and broader well-being objectives, such as reduced air pollution and improved health, increase the incentives for early mitigation action. At the same time, the impact of climate policies on issues such as the affordability of energy and jobs need to be taken into account to counter growing economic and social inequalities within and between countries. The report argues that reframing climate policies using a well-being lens is necessary for making visible such synergies and trade-offs; allowing decision-makers to increase the former and anticipate, manage and minimise the latter. This requires us to rethink societal goals in terms of well-being, reframe our measures of progress and refocus policy-making accordingly.
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Energiewende: From Germany’s Past to Europe’s Future?

Date of Editorial Board meeting: 
Publication date: 
Wednesday, February 15, 2017
Abstract in English: 
Germany’s historical experience explains how the energy transition (Energiewende) came about, and largely explains the resilience of the policies to abandon nuclear power and to scale-up renewables in the face of the challenges they have posed to Germany’s consumers, utilities, and international competitiveness. Whereas the success of the Energiewende to date has come from the way it takes a unifying approach to energy, environment, and labor policies, its success will require expanding the scope from a German to an EU-wide scale.
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Number of pages: 
12
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