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Energy Technology Strategy 1995-2030: Opportunities arising from the threat of climate change

  • Authors: A. Soria
  • EUR Number: EUR 18063 EN
  • Publication date: 3/1998

Abstract

The key question analysed in this report is what will be the energy technologies that are likely to become crucial for energy planners, who consider with growing attention the necessity of limiting (with different degrees of intensity) the carbon emissions to the atmosphere. These technologies may be out of the market today, and could well be faced to enormous difficulties to become operative within a competitive energy market unless some measures aiming at facilitating its implementation are taken. These measures may be viewed as a necessary effort to conduct the status of the world energy system from a non-sustainable situation, in which the free-riding behaviour of some agents, the opacity of the market signals and the induced barriers to technology renewal towards a more efficient and reliable system, where costs and benefits are granted to the pertinent agents and the inefficiencies are charged with equity, so as to produce a combination of positive incentives. The passage from the present scheme to this improved situation is not automatic, and a sort of potential barrier has to be overcome. The task is to provide to policy makers an appropriate strategy so as this obstacle is overcome, ensuring a smooth and reliable transition to a environmental (climatic) safe energy exploitation schemes.

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