wec bulgarian energy day 18 th june 2010 climate change policy beyond 2012
TRANSCRIPT
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WEC Bulgarian Energy Day
18th June 2010
Climate change policybeyond 2012
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The WEC 3 A’s
WEC: To promote the sustainable supply
and use of energy for the greatest
benefit of all
• Energy Accessibility
• Energy Availability
• Energy Acceptability
The 3 As are influenced by
by several issues. In recent
WEC studies we highlighted
Market design, Carbon
trading, Vulnerability.
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Main sectors in EU-27:
Energy supply and transport
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European share on global GHG-emissions
USA21%
OECD-Europe15%
Japan4%
Russia9%
China21%
India4%
Other Asia5%
Middle East5%
Africa3%
Latin America3%
Rest10%
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Comparison of the electricity generation
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0.50
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1.50
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2.50
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4.50
USA EU-27 China India World
Indexed kWh/capita (World=1) Indexed g CO2/kWh (World=1) Indexed (World = 1)
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Key messages:
• GHG emissions are globally still rising
• Major contributor is the fossil fuel combustion,especially for electricity production.
• Technological solutions are present, but need time until they will contributelargely to a further GHG reduction
• Europe will be part of the solution mainlyin terms of clean technology development.
• An effective combat against climate changeneeds a global solution. Europe can show the wayand demonstrate efforts, but other important regionsshould move and establish their pathways.
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Technology contributions
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Scenario results for 2030
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Power Sector Investments
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Cost implications
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Climate change has in the end to be solved by technology
- There is a huge portfolio of technologies at demand and supply side that have the potential to reach deep cuts in GHG emissions;
- Technology must be accompanied by life style changes;
- All these technologies must be accessible without exclusion;
- Electricity is the only energy vector that can be further decarbonised in the foreseeable future through a range of technologies and offers the prospect of low carbon road transport through the hybrid and electric vehicle and of contributing to low carbon heating through heat pump systems.
- Technology diffusion will not come by itself, there is a need for a whole range of policy measures including education and information, providing a long term price signal for GHG emissions, efficiency standards, R&D, incentives and support schemes;
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Conclusions and recommendations
- We need a global price on CO2 emissions
- We need more support for climate friendly technologies
- Investments are key – longer horizons needed
- Re-balancing necessary: Security of supply and Affordable energy
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