EUSUSTELProject ID: 6602
European Sustainable Electricity; Comprehensive Analysis of Future European Demand and Generation of European Electricity and its Security of Supply
Total cost:EUR 749 340
EU contribution:EUR 749 340
The proposed project aims at providing a fully consistent framework for a secure electricity provision, that is at the same time environmentally friendly and affordable. The conclusions of the project must result in policy recommendations for the member states and the Commission. The methodology used mixes two directions of analysis. In a first (horizontal) one, the existing electricity systems of the 25 EU countries are analysed and national policy choices and future projections are studied. Next, vertically then, a subject-wise treatment is considered, whereby both the demand side as well as the supply side technologies and system integration are treated.
Furthermore, the regulatory and liberalised market framework for an integrated European electricity market is carefully examined and appraised. Based on these analyses, it is then in a combined approach attempted to summarise the 'static' overall social cost (private cost plus external cost) for electricity generation. Subsequently, these cost figures are used as input in carefully screened simulation models in order to perform some well-defined and contrasting scenarios, but in line with the regulatory framework of the energy market. From these results, it must be possible to obtain the 'most optimal solution' (from an economic-effectiveness point of view -including environmental burdens) for the electricity provision in Europe.