Armin Haas

A SuperSmart Grid for climate and energy security

The SuperSmart Grid What Matters?

One Question and Five Answers

A SuperSmart Grid for climate and energy security

1. Climate Matters

• Europe wants to reduce CO2 emissions by 80% by 2050

• Power system: Reductions of this magnitude hardly possible with conventional technologies, nor with CCS

A SuperSmart Grid for climate and energy security

2. Renewable Potentials Matter

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Germany Italy France Benelux

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A SuperSmart Grid for climate and energy security

2. Renewable Potentials Matter

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Nordic region IberianPeninsula

British Isles Eastern Europe

Efficiency

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A SuperSmart Grid for climate and energy security

2. Renewable Potentials Matter

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N. Africa

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A SuperSmart Grid for climate and energy security

3. Costs Matter

• Cost estimates for REN from North Africa to Europe range from 4 to 15 €c/kWh

• From a cost perspective, the SuperSmart Grid is a realistic option

A SuperSmart Grid for climate and energy security

4. Investments Matter

• With costs in the range of 4 to 15 €c/kWh, financial markets signal that they will be willing to raise the capital needed

• They are willing to do so provided they can expect investment security

A SuperSmart Grid for climate and energy security

5. Policy Matters

• For investment security, a reasonable political framework will be needed

• With a reasonable political framework, the SuperSmart Grid will grow organically