The electrification of the energy system is a crucial point of the clean energy transition in the European Union. The installed electricity capacity in European countries amounted to roughly 1,050 gigawatts in 2020, but three scenarios that investigate decarbonization pathways show that this figure has to grow remarkably by 2040. The Fit for 55 (FF55) and REPowerEU scenarios forecast an installed power capacity of 2,584 and 2,933 gigawatts by that year to achieve net-zero emissions by 2050. By comparison, Radical Action indicates that 3,484 gigawatts of electricity capacity should be installed in the EU by 2040 to achieve carbon neutrality by that year.
Electricity generation capacity installed in the European Union in 2020 with a forecast to 2040, by scenario
(in gigawatts)
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Energy Monitor. (June 20, 2023). Electricity generation capacity installed in the European Union in 2020 with a forecast to 2040, by scenario (in gigawatts) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396215/electricity-capacity-by-scenario-european-union/
Energy Monitor. "Electricity generation capacity installed in the European Union in 2020 with a forecast to 2040, by scenario (in gigawatts)." Chart. June 20, 2023. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396215/electricity-capacity-by-scenario-european-union/
Energy Monitor. (2023). Electricity generation capacity installed in the European Union in 2020 with a forecast to 2040, by scenario (in gigawatts). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396215/electricity-capacity-by-scenario-european-union/
Energy Monitor. "Electricity Generation Capacity Installed in The European Union in 2020 with a Forecast to 2040, by Scenario (in Gigawatts)." Statista, Statista Inc., 20 Jun 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396215/electricity-capacity-by-scenario-european-union/
Energy Monitor, Electricity generation capacity installed in the European Union in 2020 with a forecast to 2040, by scenario (in gigawatts) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396215/electricity-capacity-by-scenario-european-union/ (last visited November 13, 2024)
Electricity generation capacity installed in the European Union in 2020 with a forecast to 2040, by scenario (in gigawatts) [Graph], Energy Monitor, June 20, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396215/electricity-capacity-by-scenario-european-union/