Building a global energy sector with Net Zero emissions by 2050 will require an unprecedented transformation in the way energy is produced, transported and stored.
The following ASSET studies take a forward-looking perspective on the trends that will shape the evolution of power systems in the near and long term.
The flexibility of a power system is its ability to accommodate predictable as well as unpredictable changes in energy generation (e.g., coming from variable renewable energy sources (RES)) and demand in a way that meets reliability standards and avoids costly curtailment.
This study estimates which, where, when and how much storage and flexibility will be needed in the European power system to meet 2030 goals, including:
Several factors are impacting the power systems all around the world. These factors have already introduced major changes in the power system, and it is expected that fundamental changes will continue to occur in the upcoming decades. The following study covers:
The PRIMES model (operated by the Energy Economy Environment Modelling Lab (E3M)) delivers the scenarios illustrating the potential impact of energy and climate policies, long-term targets and decarbonization pathways for the operation of the European energy system.
Although we may not have foresight into all the technologies that will be deployed to achieve full decarbonization of the EU energy system, our expert study investigates novel technology pathways, examines their current costs and performance and forecasts their evolution. To this aim, we analyzed:
Sectoral integration involves combined actions towards low carbon transition in more than one sector, aiming at exploiting synergies between them. This study analyzes the importance of sectoral integration to achieve the long-term clean energy transition and meet the emission reduction pledges for 2050. The objective is to identify the impact that sectoral integration could have on the cost and the infrastructure requirements of the energy system. The study explores the following applications:
The European Commission’s hydrogen strategy brings different strands of policy action together to create an enabling environment to scale hydrogen supply and demand for a climate-neutral economy. It highlights clean hydrogen and its value chain as essential areas for unlocking investment that will foster sustainable growth and jobs. It aims to install at least 6 GW of renewable hydrogen electrolyzers by 2024 and at least 40 GW of renewable hydrogen electrolyzers by 2030, and foresees industrial applications and mobility as the two main markets. This report provides the following:
The ASSET project provides studies in support of EU policy-making, research, and innovation in the field of energy.
Let's support a clean and affordable energy transition for all.