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 to 1990.
For this analysis, Sandbag and Agora Energiewende joined forces and present the state of affairs in the European power sector in 2016: Where are we coming from? Where do we stand today? Key topics include power generation, power consumption, CO2 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: almost 30 percent of the electricity produced already comes from renewable energy sources.
