A project that proposes an EU-wide decarbonised power grid by 2050 will be launched in Brussels today to an audience of European leaders.
Roadmap 2050 is commissioned by the European Climate Foundation and is based on extensive technical, economic and policy analyses conducted by five consultancies: Imperial College London, KEMA, McKinsey & Company, Oxford Economics and AMO – the office of Metropolitan Architecture (OMA's) research studio.
The report outlines the reasons behind why a zero-carbon power sector is required to meet the commitment of reaching an 80-92% reduction in CO2 emissions by 2050.
The project then aims to chart a policy roadmap for the next 5-10 years based on the near-term implications of this commitment, the OMA said in a statement.
The report's findings show that by 2050, the simultaneous presence of various renewable energy sources within the EU can create a complementary system of energy provision ensuring energy security for future generations.