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Energy Development Strategy until 2040

2020PolicyMitigationMore details
Sectors: Energy
This document replaces the 2010 Energy Strategy. It adopts the framework of the European Union's National Energy and Climate Plans. 

The strategy notably examines how to 1) decarbonise the country's energy system, 2) enhance energy efficiency, 3) improve research, innovation and competitiveness, 4) enhance legal and regulatory environment, and 5) integration and security of energy markets. It sets a number of quantified targets per scenario based on different levels of ambition, in particular on a coal phase-out by 2025 at the earliest. It also details the national and international financing schemes available to promote renewable energy sources and energy efficiency measures.
Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing

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Energy Development Strategy until 2040
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  • In the Green scenario in 2040 the Strategy decreases GHG emissions up to 61.5% vs. 2005 or 72.8% vs. BAU Economy-wide: Economy Wide · Target year: 2040
  • Increasing the usage of RES in a sustainable manner up to 45% in gross final energy consumption. Energy: Renewable Energy · Target year: 2040
  • The Strategy maximises energy savings up to 51.8% of primary and 27.5% of final energy by 2040Energy: Energy Efficiency · Target year: 2040

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.