Abstract

The European Union needs to decarbonize its energy generation to reach its goals of climate change mitigation and energy security policies. In 2011, the European Commission published a road map to reduce greenhouse gases (GHG) by at least 80% by 2050. The road map foresees five pathways, and, across all of them, renewable energy generation plays a significantly stronger role today. The deployment of renewable energy sources (RES ) to generate electricity is one possible option to decarbonize energy generation. The goals of the European energy security policy require restructuring energy generation toward a greater share of lowcarbon energy generation. In October 2014, EU leaders agreed on the 2030 policy framework for climate and energy, which settles the GHG reduction target of 40% compared to 1990, as well as an increase of the share of renewable energy to at least 27% of EU energy consumption by 2030.

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