WATCH THE WEBINAR: Europe’s Energy Transition: Sustainable Paths for Increased Climate and Energy Ambition
You may now watch GSEP's webinar presenting the findings of the study “Europe’s Energy Transition: Sustainable Paths for Increased Climate and Energy Ambition” realized by Enel Foundation, Compass Lexecon and Enerdata, which was held on November 18, 2020.
The European Union’s climate and energy scenarios are increasingly ambitious in light of the recent fall in technological costs of renewable energy sources (RES) and electric vehicles (EV). This increasing ambition is technically achievable if power and transport lead the way to 2030 and all sectors follow suit by 2050.
Within such a scenario, electricity will play a key role with electrification levels increasing to over 30% by 2030 and rapidly reaching 60% by 2050. Increasing the target to 55% by 2030 and 100% by 2050 would lead to a net annual total cost reduction of approximately 2% from an overall energy system perspective. However, realizing such scenarios at lower costs is possible if three critical enablers are put in place: 1) Increased RES penetration, digitalisation and flexibility on the supply side; 2) digitalisation of power grids to optimally integrate supply side variable RES while ensuring system wide energy efficiency; and 3) demand side flexibility to allow dynamic load shifting especially with the support of Vehicle to Grid technologies.
Daniele Agostini, Head of Energy and Low Carbon Policies, Enel Group
He is responsible for policy analysis and corporate position development on Energy Policies and Low Carbon Policies across the over 30 countries in which the Enel Group operates. In such role he is in charge of monitoring and assessing energy policy developments in the areas of energy markets, climate change, renewable energy and energy efficiency. Mr. Agostini is member of the Board of IETA, the International Emission Trading Association. He currently chairs the Eurelectric Electrification and Energy Efficiency Working Group, the Energy Transition, Sustainability and Climate Change committee of OME (the Mediterranean Energy Organisation), the Energy Markets Committee of the G20Y.
Giuseppe Montesano, Deputy Director, Enel Foundation
Giuseppe Montesano graduated in mechanical engineering and specialised in energy transformation and energy systems in 1985. After experiences in the electro-mechanic industry, he has worked for Enel since 1988, developing renewable energy projects, designing environmental and low-carbon strategies for the Group, and advising on regulatory matters. He has covered several managerial positions including Network and Tariff Regulation, Head of Environment, Head of European Regulation and Scenarios, Head of European Energy Policy. He also chairs Eurelectric’s Environment & Sustainable Development Policies Committee and is Vice-Chair of the Italian National Committee of the World Energy Council.