Decarbonization Pathways for Europe

This document is a technical report detailing ENGIE's scenario for decarbonization pathways in Europe, addressing the pressing climate and ecological crises exacerbated by geopolitical challenges. It outlines the necessity for a 4% annual reduction in CO2 emissions to meet the European Union's 2030 targets, emphasizing the role of electrification, energy savings, renewable energy development, and decarbonized gases. The report presents a comprehensive methodology for modeling energy systems across 15 Western European countries through 2050, highlighting the importance of a balanced energy mix and the integration of various technologies. Key objectives include enhancing energy efficiency, increasing the capacity for renewable energy production, and ensuring the flexibility of the energy system. The report also discusses the anticipated rise in electricity demand due to electrification and the critical role of renewable sources in achieving energy sovereignty and reducing dependency on fossil fuels. It concludes with a call for collaborative efforts between private companies and public authorities to accelerate the energy transition.