|
|
|
Février 2018 - Où va l'Europe ?
Energy Transition in Europe
By Colette LEWINER
Independent Board Director at EDF, Bouygues Group (including Colas), Nexans, Eurotunnel, Ingenico
Successive European legislative packages, as well as subsidized renewables deployment, impacted on electricity markets, which became unstable with concerns about security of supply. These packages also failed to deliver what was their first objective –benefits for end-users – as the latter are paying for renewables subsidies through higher electricity prices. Reforms are needed and the article analyses the new European legislative package issued and suggests more actions to restore a sustained market. It analyses also the main technology progress that have enabled wind and solar energy spectacular costs reductions and the drivers for future costs decreases. Combined with competitive mass storage development and digitalization technologies, those lower cost renewables should get in the future a significant share of the electricity mix contributing to decarbonized energy consumption. Nuclear energy is a good dispatchable, carbon free complement and should not be shut down, except for safety reasons.
Télécharger gratuitement l'article
Retour au sommaire
February 2018 - Where is Europe headed?
Energy Transition in Europe
Colette Lewiner,
Independent Board Director at EDF, Bouygues Group(including Colas), Nexans, Eurotunnel, Ingenico
Successive European legislative packages, as well as subsidized renewables deployment, impacted on electricity markets, which became unstable with concerns about security of supply. These packages also failed to deliver what was their first objective – benefits for end-users – as the latter are paying for renewables subsidies through higher electricity prices.
Reforms are needed and the article analyses the new European legislative package issued and suggests more actions to restore a sustained market.
It analyses also the main technology progress that have enabled wind and solar energy spectacular costs reductions and the drivers for future costs decreases. Combined with competitive mass storage development and digitalization technologies, those lower cost renewables should get in the future a significant share of the electricity mix contributing to decarbonized energy consumption.
Nuclear energy is a good dispatchable, carbon free complement and should not be shut down, except for safety reasons.
Retour au sommaire
|
|