Integrating Smart Networks for the Energy Transition: Serving Society and Protecting the Environment
The Energy Roadmap 2050 of the European Commission and the Energy Union strategy fully support the aim of decarbonising the European economy. Building on the previous European Technology Platform on SG (Smart Grids) Vision, the European Energy Vision for 2030, the Strategic Energy Technology (SET) Plan, the ETIP SNET Vision for 2050 is:
A low-carbon, secure, reliable, resilient, accessible, cost-efficient, and market-based pan-European integrated energy system supplying the whole economy and paving the way for a fully CO2-neutral and circular economy by the year 2050, while maintaining and extending global industrial leadership in energy systems during the energy transition.
Implementing the ETIP SNET Vision 2050 will require major investments for the large-scale deployment of energy conversion and storage devices, the upgrade and extension of the energy networks, and the use of digital solutions. These costs will be offset by the optimized welfare to society through the coupling of the various energy networks and their components as well as the avoided costs of climate change in the upcoming decades, while utilising locally available resources. As estimated by the IEA, the costs of not acting now could be worth several times the cost of investing against climate change.
The ETIP SNET Vision 2050 is the basis for defining the specifications for further research and innovation needs in the transition from today towards Europe’s energy systems of the future. Its purpose is to inspire all stakeholders to discover the RD&I challenges associated with a 2050 low-carbon, fully-integrated, and circular pan-European energy system with the electricity system as its backbone.
ETIP SNET VISION 2050 AVAILABLE HERE!
ETIP SNET Vision 2050 Press Release
ETIP SNET Vision 2050 Infographic
ETIP SNET VISION 2050 launch event
The launch event was streamed live and is still available to view on Revolve’s Facebook page
The agenda for the launch event can be viewed HERE