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Europe's Energy Transition

Insights for Policy Making

By (author) Manuel Welsch
Format: Paperback / softback
Publisher: Elsevier Science Publishing Co Inc, San Diego, United States
Imprint: Academic Press Inc
Published: 19th Apr 2017
Dimensions: w 191mm h 235mm d 19mm
Weight: 610g
ISBN-10: 0128098066
ISBN-13: 9780128098066
Barcode No: 9780128098066
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Synopsis
Europe's Energy Transition: Insights for Policy Making looks at the availability and cost of accessing energy and how it significantly affects economic growth and competitiveness in global markets. The results in this book, from a European Commission (EC) financed project by INSIGHT_E, provide an overview of the most recent analyses, focusing on energy markets and their implications for society. Designed to inform European policymaking, elements of this book will be integrated into upcoming EC policies, giving readers invaluable insights into the cost and availability of energy, the effect of price increases affecting vulnerable consumer groups, and current topics of interest to the EC and ongoing energy debate. INSIGHT_E provides decision-makers with unbiased policy advice and insights on the latest developments, including an assessment of their potential impact.

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"The world has embarked on an unprecedented energy transition. Energy efficiency and renewable energy play a key role in this transition and Europe is leading the way. It is an unchartered journey, yet foresight is required what path to follow and which framework to put in place to enable such transition. New technologies, market designs and business models are needed. This book provides an excellent cutting-edge science based perspective on various aspects of the energy transition. It helps decision makers to better understand the relation between the physical economy and markets, consumer needs and technology innovation. Billions are at stake in financial terms, this book is a worthwhile investment to make sure the right decisions are taken." --Dr. Dolf Gielen, Director of the IRENA Innovation and Technology Centre in Bonn, International Renewable Energy Agency

"A key driving force has gained remarkable momentum in the discussion on energy system transformation: sustainability. The objective to combat climate change is putting environmental considerations higher on the agenda than ever before. In fact, it is already widely believed that integration of sustainability issues will be critical to the future commercial success in the energy business. Thus, European utilities are forced to change their business models, factoring in the shift from traditional mostly fossil-based and centralized power generation to a more renewable and increasingly de-central production landscape. As a result, their traditional long-term investment planning has become even more dependent on regulatory design. More joint-up thinking between industry and policy makers will be required in order to address current deficiencies originating from the patchwork of energy policies across Europe. Holistic analyses as endeavored by this book are key to establish the required knowledge amongst stakeholders as common basis to develop the regulatory framework that allows pursuing European sustainability targets in an effective and efficient way." --Dr. Andreas Schuler, Chief Risk Officer, Vice President Risk Management, Vattenfall

"This book represents a unique, value added contribution to the ongoing issues related to the transformation of the EU power system. Insights, thoughtful analysis, informed by solid analytics combine to offer decision makers, analysts, academics and business leaders rich information to chart a pathway forward." --Dr. Doug Arent, Executive Director, Joint Institute for Strategic Energy Analysis (JISEA) at the National Renewable Energy Laboratory (NREL)

"The energy system is undergoing a deep, structural, and pervasive transformation, posing a number of challenges to our business models, regulatory frameworks, and behavioural patterns. For Europe, this does present very distinctive challenges, notably due to the EU's unique complexity of multi-layer governance. By dissecting the very nature of this double complexity - the energy transition phenomenon and the EU's policy framework - "Europe's Energy Transition: Insights for Policy Making" responded to such a call for a comprehensive approach and provides a precious set of instruments for policy makers, researchers, and analysts at every governance level." --Dr. Fabian Zuleeg, Chief Executive and Chief Economist, European Policy Centre