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Energy Technology Perspectives 2008 - Enea

Energy Technology Perspectives 2008 - Enea

ACT Scenarios•

ACT Scenarios• Energy CO 2 emissions in 2050 backto the level of 2005• Revision of ACT as published inETP2006‣Options with a marginal cost up toUSD 50/t CO 2 – worldwide(+20 USD/bbl oil)‣Cost estimate has doubled fromETP2006• This implies a significantlyadjusted energy systemIn support of the G8 Plan of Action © OECD/IEA - 2008ENERGYTECHNOLOGYPERSPECTIVES2 0 0 8Scenarios &Strategiesto 2050INTERNATIONALENERGYAGENCY

Blue Scenarios• -50% energy related CO 2in 2050,compared to 2005• This could be consistent with 450 ppm(depending on post-2050 emissions)• Options with a marginal cost of up to USD200/t CO 2needed (+80 USD/bbl oil)‣ Significantly higher cost with lessoptimistic assumptions• Blue is uncertain, therefore a number ofcases needed• Blue is only possible if the whole worldparticipates fully• This implies a completely different energysystemIn support of the G8 Plan of Action © OECD/IEA - 2008ENERGYTECHNOLOGYPERSPECTIVES2 0 0 8Scenarios &Strategiesto 2050INTERNATIONALENERGYAGENCY

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