energy priorities for europa barroso_bron ec
Post on 14-Apr-2018
214 Views
Preview:
TRANSCRIPT
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
1/15
Energy priorities for Europe
Presentation of J.M. Barroso,President of the European Commission,to the European Council of 22 May 2013
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
2/15
Presentation of J.M. Barroso to the European Council, 22 May 2013 1
New realities in the global energy market
Fukushima
Shale gas
Impact of thefinancial crisis
Some countries phase outnuclear power production
Source: IEA
Fall in private investment,tight financing conditions
By 2030, world economyset to double and energy
demand to rise by 1/3
US oil and gas production
Unconventional gas Conventional gas
Unconventional oil Conventiona l oil
5
10
15
20
25
1980 1990 2000 2010 2020 2030 2035
mboe/d
Rising demandrising prices
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
3/15
Presentation of J.M. Barroso to the European Council, 22 May 2013 2
Prices affect competitiveness
Source: IEA
Trends in energy price indexes2005-2012
Electricity price index
Industry
EU38%
US-4%
EU22%
US8%
Electricity price index
Households
EU35%
US-66%
Gas price index
Industry
EU45%
US3%
Gas price index
Households
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
4/15
Presentation of J.M. Barroso to the European Council, 22 May 2013 3
Cement, lime and plaster
Basic iron and steel
Glass
Pulp, paper and paperboard
Non-ferrous metals (incl. aluminium)
Basic pharmaceuticals
Clay building materials
0 5 10 15 20 25
Energy-intensive industries are most exposed
Source: European Commission
Share of energy in % of production costs selected sectors in Germany (2010)
Wood and cork
Furniture
Average manufacturing
Consumer electronics
% of total production costs
Automotive
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
5/15
Presentation of J.M. Barroso to the European Council, 22 May 2013 4
Europe's dependence is set to increase
Source: IEA
Net oil and gas import dependence by region
2010 2035
0%
20%
40%
60%
80%
100%
20% 40% 60% 80% 100%
Oil imports
Gas imports
United States
ChinaIndia
European Union
Japan
20%Gas exports
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
6/15
Presentation of J.M. Barroso to the European Council, 22 May 2013 5
Our energy mix will evolve
EU gross inland consumption2011
EU gross inland consumption2030 (scenario)
14%
18%12%
33%22%
Oil
Solid fuels
Renewables
Nuclear
Gas
Source: European Commission
14%
10% 17%
35%24%
Oil
Solid fuelsRenewables
Nuclear
Gas
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
7/15
Presentation of J.M. Barroso to the European Council, 22 May 2013 6
Massive investments are required
Power generation: ~ 500 bn Transmission and distribution: ~ 600 bn
Distribution: ~ 400 bn
Transmission: ~ 200 bn
Renewables: ~ 310-370 bn
Source: European Commission
Total energy investment needs between 2010-2020:over 1 trillion
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
8/15
Presentation of J.M. Barroso to the European Council, 22 May 2013 7
0%
2%
4%
6%
8%
10%
12%
14%
16%
Business-as-usual s cenario Decarbonisation s cenario
Will there ever be cheap energy for Europe?
Source: European Commission
Energy costs to rise in all scenarios butEurope will benefit most from decarbonisation
(in % of GDP, annually until 2050)
%o
fGDP
EU today
Business-as-usualscenario 2050
Decarbonisationscenario 2050
Fuel imports Other energy purchase (domestic)
Investment in infrastructure Investment in energy efficiency
EU in 2050: energy costs at around 14% of GDP in both scenarios
-1.4%imports
+1.9%investment ininfrastructureand efficiency
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
9/15
Presentation of J.M. Barroso to the European Council, 22 May 2013 8
A "no regrets" scenario for Europe
Security ofsupply
Competitiveness
SustainabilityRenewable sources
Diversified supply
Competitive marketsSmart infrastructure
Energy efficiency
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
10/15
Presentation of J.M. Barroso to the European Council, 22 May 2013 9
Barrels ofoil the EUdoes nothave to
importper year
Money savedat
conservative73
EUR/barrelper year
=
2.6billionbarrels
193billion
=
Priority 1. Boosting energy efficiency
Benefits of EU energy savings target of 20% by 2020
1 000fewercoal
powerplants
=
GDPof
Finland
(in 2012)
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
11/15
Presentation of J.M. Barroso to the European Council, 22 May 2013 10
Priority 2. Completing the internal energy market
Source: European Commission
After 1 year After 5 years After 10 years
-0,8%
-0,6%
-0,4%
-0,2%
0,0%
0,2%
0,4%
0,6%
0,8%
1,0%
Estimated effects of opening gas & electricity markets(in % of GDP - ranges)
Effect on GDP
Effect on employment
Effect on inflation
% of GDP
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
12/15
Presentation of J.M. Barroso to the European Council, 22 May 2013 11
Priority 3. Smarter infrastructure
Source: European Commission
Rank Country Rank Country
BalticEnergy Market
InterconnectionPlan
Electricity
& Gas
North-South Gas Corridorin Western Europe North-South GasInterconnections& Oil Supply
South WesternElectricity Interconnections
Central / South EasternElectricity Connections
SouthernGas Corridor
North SeasOffshore Grid
Gas
Electricity and gas
Smart grids forelectricity in the EU
Oil and gas
Electricity
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
13/15
Presentation of J.M. Barroso to the European Council, 22 May 2013 12
Priority 4. Cost-effective use of renewable sources
Production costs versus subsidies for renewables(averages, in /MWh, latest year available)
Wind energy on-shore Solar energy (photovoltaics)
Subsidies over production costsProduction costs Subsidies below production costs
Source: Fraunhofer
0
20
40
60
80
100
120
140
SE UK IE LV DK NL EE MT RO ES CZ PL LT PT SI SK BG IT HU CY LU FI EL FR BE AT DE0
50
100
150
200
250
300
350
400
450
500
ES MT CY PT EL IT BG RO FR HU AT SI SK LV EE LT PL CZ DE IE LU DK NL UK BE SE FI
/MWh /MWh
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
14/15
Presentation of J.M. Barroso to the European Council, 22 May 2013 13
Priority 5. The external dimension
The example of the Southern Corridor
Corridor opening options (2018 - Shah Deniz II)
Nabucco-West
Trans-Adriatic Pipeline
Trans-Anatolian Pipeline &
South-Caucasus Pipeline
Corridor enlargement
Extension of transport routes
& new transport routes
-
7/30/2019 Energy Priorities for Europa Barroso_bron EC
15/15
top related