Mechthild WörsdörferDirector - Energy Policy – DG ENEREuropean Commission3rd Member States' Gas Forum 09/04/2014

An ambitious Vision for our Energy System in 2030

2Presentation of J.M. Barroso to the European Council, 20-21 March 2014

Europe's priorities

Our goals

Need for cost-effective and joint solutions

Predictability for policy-makers

and investors

Speaking with one voice

Why a 2030 framework now?

Competitiveness

Security of supply Sustainability

20 % GHG

40 % GHG

20% RES

20 % EE

≥ 27 % RES

2014

2020

2030 New Key Indicators

New governance system

A renewed ambition for 2030

4Presentation of J.M. Barroso to the European Council, 20-21 March 2014

Gas increased role in EU power generation

<10 11-20 20-30 30-40 40-50 >500 MW

50,000 MW

100,000 MW

150,000 MW

200,000 MW

250,000 MW

300,000 MW

Years

Power generating capacities in the EU in 2013 (in years)

Coal Oil Gas Nuclear Renewables(including hydro)

Source: Platts Power Vision

300.000 MW

250.000 MW

200.000 MW

150.000 MW

100.000 MW

50.000 MW

0 MW

50.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

40.00%

45.00%

2000 2005 2010 2015 2020 2025 2030

Role of Gas in the 2030 scenarios (1)

Gas in future energy mix: shares of GIC

Oil

Gas

RES

Solids

0

200

400

600

800

1000

1200

1400

1600

2000

2005

2010

2015

2020

2025

2030

2035

2040

2045

2050

GW net

Solar and other

Wind

Hydro

Biomass

Peak devices

Gas/Oil Conv.

CCS gas

CCGT

CCS solids

Solids

Nuclear0

100

200

300

400

500

600

2001-10 2011-20 2021-30 2031-40 2041-50

Capacity additions (GW net)

Solar and other

Wind

Hydro

Biomass

Gas/Oil Conv.

CCGT

CCS

Solids

Nuclear

Future power capacities

Role of Gas in the 2030 scenarios (2)

7Presentation of J.M. Barroso to the European Council, 20-21 March 2014

Connecting and diversifying

Reaping the benefits of a fully integrated energy market up to 2030

Internal market: € 43 - 70 bn per year in gas and

electricity

Potential for renewable energy

Future potential for gas sources

Potential forshale gas

Hydroelectric

Wind offshore

Wind onshore

15 years of the EU current gas consumption

250 years of the EU current gas consumption

5 years of the EU current gas consumption

Solar

8Presentation of J.M. Barroso to the European Council, 20-21 March 2014

Next steps

Follow-up on the European Council conclusions:

European Council to agree on the 2030 framework by October 2014 at the latest.

For June European Council, progress should be made on:- Impact at MS level of EU-wide targets for GHG reductions and RES; - Mechanisms which will result in an overall fair effort sharing;- Measures to prevent potential carbon leakage in order to ensure the competitiveness of Europe's energy-intensive industries; - A review of the Energy Efficiency Directive and an energy efficiency framework.

Interconnection objectives to be attained by 2030

In-depth study on EU Energy Security and comprehensive plan for the reduction of EU energy dependence by June 2014.