The energy transition – the transformation of the power sector from a fossil-based to a decarbonised world with renewables at the centre – is a joint European project. The power sector will play a crucial role in attaining the European climate targets, which aim to cut greenhouse gases by at least 40 percent by 2030 compared with 1990. In this analysis, we present the state of affairs in the European power sector in 2015. Where are we coming from? Where do we stand today? These are the two key issues that need answering. Key topics include power generation, power
consumption, emissions and prices. Overall, it is clear that the current power system is not yet fully equipped to deal with the main challenges ahead: securing power supply at a reasonable price with as little emissions as possible.
However, Europe is on the right path: more than a quarter of the electricity produced already comes from renewable energy sources.
This paper is mainly based on data retrieved from ENTSO-E and Eurostat. The data is still preliminary in nature or incomplete, which is often the case when it comes to European statistical data. We would therefore be glad to receive feedback and comments as to better data sources or methods concerning the available data sets.
