Overview
The European Green Deal will mobilise over €1 trillion in funds over the new decade, with the European Commission mandating that all Member States must achieve a 55% GHG emission reduction by 2030 on 1990 levels. This represents a significant leap in ambition versus the previous 40% reduction target, with a long-term goal to achieve net-zero.
Additionally, the United Kingdom is now charting its own course outside the EU and has committed to achieve a staggering 68% greenhouse gas emission cut by 2030.
As European and national energy regulators, utilities, solar and wind developers and institutional and private investors lay out the foundations of these unprecedented efforts to decarbonise the continent’s energy matrix, Wood Mackenzie will gather the protagonists of the European energy industry to understand the implications of this revolutionary wave of investments as the region focuses on battling COVID-19 and economic recovery.
What does the European Green Deal mean for solar, wind and storage development across the continent? What emerging clean energy technologies will be winners in the new decade? Will green hydrogen deliver on its potential and how quickly can electrolyser technology scale and become commercially available?
Agenda themes
- How the European Green Deal will reshape the energy mix: How will it be financed and what It means for the power sector across Europe
- Defining renewable development across Europe over the next decade: How the Bloc’s revised 2030 decarbonisation targets will affect large-scale solar, Onshore Wind and Offshore Wind
- Building grid flexibility: Incentivising long-duration energy storage and capacity markets and other flexibility mechanisms
- Assessing the UK’s ICE phaseout by 2030: How the EV revolution will impact the power sector
- Redefining European energy market designs in high penetration scenarios for solar and onshore and offshore wind to mitigate price cannibalisation
- The role of green hydrogen in Europe’s 2030 50-55% emission reduction by 2030: forecasted plant development, investment and use cases
- Next-generation technologies for solar and wind technology: What is the next phase in LCOE reduction
- Towards a single energy market: Furthering renewable integration across Europe through enhanced transnational interconnection infrastructure
This will be the inaugural European edition of our Power & Renewables Conference and the first event of 2021 covering the European Green Deal and the implications of this revolutionary public investment package. All sessions will be broadcasted in CET.