Page 34 - European Energy Innovation - summer 2018 publication
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34  Summer 2018 European Energy Innovation

    CLEAN POWER

                                                                               small consumers and producers
                                                                               make deals.

                                                                               When electricity is set to be fully
                                                                               decarbonised, electrification is a no
                                                                               brainer. It makes it possible to power
                                                                               clean transport, improve air quality
                                                                               and bring solutions for buildings and
                                                                               industries.

                                                                               In cities, we could deploy large
                                                                               scale electric public transport which
                                                                               would greatly improve traffic and air
                                                                               quality. China deployed over just a
                                                                               few years’ time more than 150,000
                                                                               electric buses. It will undoubtedly
                                                                               require significant political will,
                                                                               but Europe can nevertheless do
                                                                               it. Cars will not only be electric,
                                                                               but they will also be shared,
                                                                               autonomous and connected. With
                                                                               Tesla launching its E-truck and
                                                                               significant developments on costs
                                                                               and size of batteries, the future of
                                                                               road freight seems to be more open
                                                                               to technology competition, or to
                                                                               a range of solutions: electric and
                                                                               hydrogen or green gas trucks could
                                                                               well coexist. The most difficult bits
                                                                               will be maritime and aviation. But
                                                                               we see already small electric and
                                                                               hybrid electric planes popping up for
                                                                               shorter flights which offer promising
                                                                               prospects. The first one came in
                                                                               2017 from Norwegian Avinor and
                                                                               announced that all short-haul flights
                                                                               will go 100% electric by 2040.

To achieve this clean power system,     resources. We will need a predictable  Electric solutions are also increasingly
we’ll need significant investments and  regulatory framework and a             available and cost-efficient to cool
that will come from different sources.  sustainable investment environment.    and heat buildings, and to replace
Utilities, service providers, but also  We will need to keep capital costs in  highly emitting industrial processes.
consumers will be betting on their      check, with no retroactive changes     As in transport, it is a matter of
own generation and storage, engaging    and provide longer term investment     tackling a segment at a time with
in peer-to-peer exchanges and local     signals through an upgraded market     tailor made solutions. Electricity can
energy communities. The same goes       design. Power Purchase Agreements      play a very significant role, but alone it
for grids. There is significant value   between large consumers and            won’t get us to a 100% decarbonised
embedded in power grids and they        electricity producers have a           European economy. The Paris
will be modernised and digitalised,     promising future as well, with 1.1 GW  Agreement has set the ambition, it
underpinning high electrification       contracted in the EMEA region in       is now time to innovate and create
levels and integrating decentralized    2017. In future aggregation will help  solutions for all sectors of the
                                                                               economy. Paris forces us to deliver
                                                                               and to join forces between sectors,
                                                                               industries and citizens. Because it will
                                                                               take all we have to reach it. l

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