![]() Larger upfront capital costs for wind and solar in the power system are offset by avoided carbon costs and avoided costs associated with new nuclear and fossil capacities. This analysis reveals that an expanded and (~95%) clean power system in Europe can be achieved by 2035 at no extra cost above stated plans. The term Europe is used in this study to refer to the collection of countries included in the power system modelling: EU27 + UK + Norway + Switzerland + the Western Balkan six (AL, BA, KX, ME, MK, RS). ![]() The latter two pathways expand clean electrification, but differ in their assumptions about available technologies and the levels of energy savings resulting from societal change. ![]() The other two pathways – Technology Driven and System Change – are computed to minimise cost while remaining within a carbon budget compatible with the Paris Agreement climate goals. The Stated Policy pathway is aligned with stated national policies until 2035. This report summarises the results of three modelled pathways for the European power sector. ![]() Crucially, the costs of competing routes are assessed, including the costs of developing the power system according to current plans. Key metrics are quantified in order to benchmark progress, while accounting for a range of uncertainties. This study explores the least-cost pathways to a clean power system in Europe, compatible with the Paris Agreement climate goals (1.5C).ĭetailed, country-by-country, hour-by-hour power system modelling confirms the feasibility of almost completely decarbonising Europe’s power sector by 2035, while expanding the electricity supply. ![]()
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