August 25, 2011 - The European Union has
adopted a highly ambitious target of decarbonizing power generation
and other key industrial sectors, in addition to 67% cuts in
greenhouse gas (GHG) emissions from transport and up to 91% in
reductions within the residential sector by 2050.
To accomplish these goals, the EU embarked on a strategy of
developing a holistic view of energy, transport, and efficiency - a
departure from the traditional silo approach to policymaking.
The roadmaps and white papers produced as part of this process
provide several directional indicators on technology development in
the EU, along with key targets that must be addressed at the member
state level.
The implications of these policy documents cannot be
underestimated, as they form a blueprint for the transition to a
Smart Energy economy and a Smart Transport network within and
across 27 countries, with a total population of 501 million
people.
This emerging policy framework will have a profound effect on
the development of clean energy, the smart grid, and intelligent
transportation systems.
Analysis in the Pike Research white paper focuses on the
implications of EU 2050 targets within several key sectors,
including the following:
- Technology development and deployment
- Shipping
- Alternative fuel vehicle refueling technology
- Residential energy markets
- Development of alternative business models
- Energy storage
- Microgrids and distributed generation
- Development of alternative consumption models
- Intelligent transportation systems
- Carbon reduction at residential levels
Pike Research's white paper, "European Union Clean Energy
Policy", examines issues related to the EU 2050 targets
and analyzes their implications alongside broader economic
opportunities, such as creating a world-leading cleantech
investment hub in the EU and developing a robust energy
infrastructure based on low-carbon technologies.
The paper provides interpretation and analysis of policy trends
as they relate to the development and adoption of emerging smart
energy and transportation technologies and operational models. A
full copy of the white paper is available for free download on the
firm's
website.
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