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- ItemAlternative carbon price trajectories can avoid excessive carbon removal([London] : Nature Publishing Group UK, 2021) Strefler, Jessica; Kriegler, Elmar; Bauer, Nico; Luderer, Gunnar; Pietzcker, Robert C.; Giannousakis, Anastasis; Edenhofer, OttmarThe large majority of climate change mitigation scenarios that hold warming below 2 °C show high deployment of carbon dioxide removal (CDR), resulting in a peak-and-decline behavior in global temperature. This is driven by the assumption of an exponentially increasing carbon price trajectory which is perceived to be economically optimal for meeting a carbon budget. However, this optimality relies on the assumption that a finite carbon budget associated with a temperature target is filled up steadily over time. The availability of net carbon removals invalidates this assumption and therefore a different carbon price trajectory should be chosen. We show how the optimal carbon price path for remaining well below 2 °C limits CDR demand and analyze requirements for constructing alternatives, which may be easier to implement in reality. We show that warming can be held at well below 2 °C at much lower long-term economic effort and lower CDR deployment and therefore lower risks if carbon prices are high enough in the beginning to ensure target compliance, but increase at a lower rate after carbon neutrality has been reached.
- ItemEnvironmental co-benefits and adverse side-effects of alternative power sector decarbonization strategies([London] : Nature Publishing Group UK, 2019) Luderer, Gunnar; Pehl, Michaja; Arvesen, Anders; Gibon, Thomas; Bodirsky, Benjamin L.; de Boer, Harmen Sytze; Fricko, Oliver; Hejazi, Mohamad; Humpenöder, Florian; Iyer, Gokul; Mima, Silvana; Mouratiadou, Ioanna; Pietzcker, Robert C.; Popp, Alexander; van den Berg, Maarten; van Vuuren, Detlef; Hertwich, Edgar G.A rapid and deep decarbonization of power supply worldwide is required to limit global warming to well below 2 °C. Beyond greenhouse gas emissions, the power sector is also responsible for numerous other environmental impacts. Here we combine scenarios from integrated assessment models with a forward-looking life-cycle assessment to explore how alternative technology choices in power sector decarbonization pathways compare in terms of non-climate environmental impacts at the system level. While all decarbonization pathways yield major environmental co-benefits, we find that the scale of co-benefits as well as profiles of adverse side-effects depend strongly on technology choice. Mitigation scenarios focusing on wind and solar power are more effective in reducing human health impacts compared to those with low renewable energy, while inducing a more pronounced shift away from fossil and toward mineral resource depletion. Conversely, non-climate ecosystem damages are highly uncertain but tend to increase, chiefly due to land requirements for bioenergy.
- ItemTightening EU ETS targets in line with the European Green Deal: Impacts on the decarbonization of the EU power sector(Amsterdam : Elsevier Science, 2021) Pietzcker, Robert C.; Osorio, Sebastian; Rodrigues, RenatoThe EU Green Deal calls for climate neutrality by 2050 and emission reductions of 50–55% in 2030 in comparison to 1990. Achieving these reductions requires a substantial tightening of the regulations of the EU emissions trading system (EU ETS). This paper explores how the power sector would have to change in reaction to a tighter EU ETS target, and analyses the technological and economic implications. To cover the major ETS sectors, we combine a detailed power sector model with a marginal-abatement cost curve representation of industry emission abatement. We find that tightening the target would speed up the transformation by 3–17 years for different parts of the electricity system, with renewables contributing 74% of the electricity in 2030, EU-wide coal use almost completely phased-out by 2030 instead of 2045, and zero electricity generation emissions reached by 2040. Carbon prices within the EU ETS would more than triple to 129€/tCO2 in 2030, reducing cumulated power sector emissions from 2017 to 2057 by 54% compared to a scenario with the current target. This transformation would come at limited costs: total discounted power system costs would only increase by 5%. We test our findings against a number of sensitivities: an increased electricity demand, which might arise from sector coupling, increases deployment of wind and solar and prolongs gas usage. Not allowing transmission expansion beyond 2020 levels shifts investments from wind to PV, hydrogen and batteries, and increases total system costs by 3%. Finally, the unavailability of fossil carbon capture and storage (CCS) or further nuclear investments does not impact results. Unavailability of bioenergy-based CCS (BECCS) has a visible impact (18% increase) on cumulated power sector emissions, thus shifting more of the mitigation burden to the industry sector, but does not increase electricity prices or total system costs (<1% increase). © 2021 The Authors
- ItemDeep decarbonisation of buildings energy services through demand and supply transformations in a 1.5°C scenario(Bristol : IOP Publ., 2021-5-12) Levesque, Antoine; Pietzcker, Robert C.; Baumstark, Lavinia; Luderer, GunnarBuildings energy consumption is one of the most important contributors to greenhouse gas (GHG) emissions worldwide, responsible for 23% of energy-related CO2 emissions. Decarbonising the energy demand of buildings will require two types of strategies: first, an overall reduction in energy demand, which could, to some extent, be achieved at negative costs; and second through a reduction of the carbon content of energy via fuel switching and supply-side decarbonisation. This study assesses the contributions of each of these strategies for the decarbonisation of the buildings sector in line with a 1.5°C global warming. We show that in a 1.5°C scenario combining mitigation policies and a reduction of market failures in efficiency markets, 81% of the reductions in buildings emissions are achieved through the reduction of the carbon content of energy, while the remaining 19% are due to efficiency improvements which reduce energy demand by 31%. Without supply-side decarbonisation, efficiency improvements almost entirely suppress the doubling of emissions that would otherwise be expected, but fail to induce an absolute decline in emissions. Our modelling and scenarios show the impact of both climate change mitigation policies and of the alleviation of market failures pervading through energy efficiency markets. The results show that the reduction of the carbon content of energy through fuel switching and supply-side decarbonisation is of paramount importance for the decarbonisation of buildings.
- ItemCommon but differentiated leadership: strategies and challenges for carbon neutrality by 2050 across industrialized economies(Bristol : IOP Publ., 2020) Schreyer, Felix; Luderer, Gunnar; Rodrigues, Renato; Pietzcker, Robert C.; Baumstark, Lavinia; Sugiyama, Masahiro; Brecha, Robert J.; Ueckerdt, FalkoGiven their historic emissions and economic capability, we analyze a leadership role for representative industrialized regions (EU, US, Japan, and Australia) in the global climate mitigation effort. Using the global integrated assessment model REMIND, we systematically compare region-specific mitigation strategies and challenges of reaching domestic net-zero carbon emissions in 2050. Embarking from different emission profiles and trends, we find that all of the regions have technological options and mitigation strategies to reach carbon neutrality by 2050. Regional characteristics are mostly related to different land availability, population density and population trends: While Japan is resource limited with respect to onshore wind and solar power and has constrained options for carbon dioxide removal (CDR), their declining population significantly decreases future energy demand. In contrast, Australia and the US benefit from abundant renewable resources, but face challenges to curb industry and transport emissions given increasing populations and high per-capita energy use. In the EU, lack of social acceptance or EU-wide cooperation might endanger the ongoing transition to a renewable-based power system. CDR technologies are necessary for all regions, as residual emissions cannot be fully avoided by 2050. For Australia and the US, in particular, CDR could reduce the required transition pace, depth and costs. At the same time, this creates the risk of a carbon lock-in, if decarbonization ambition is scaled down in anticipation of CDR technologies that fail to deliver. Our results suggest that industrialized economies can benefit from cooperation based on common themes and complementary strengths. This may include trade of electricity-based fuels and materials as well as the exchange of regional experience on technology scale-up and policy implementation.
- ItemReviewing the Market Stability Reserve in light of more ambitious EU ETS emission targets(Amsterdam [u.a.] : Elsevier Science, 2021) Osorio, Sebastian; Tietjen, Oliver; Pahle, Michael; Pietzcker, Robert C.; Edenhofer, OttmarThe stringency of the EU's Emission Trading System (ETS) is bound to be ratcheted-up to deliver on more ambitious goals as formulated in the EU's Green Deal. Tightening the cap needs to consider the interactions with the Market Stability Reserve (MSR), which will be reviewed in 2021. We analyse these issues using the model LIMES-EU. First, we examine how revising MSR parameters impacts allowance cancellations. We find that varying key design parameters leads to cancellations in the range of 2.6–7.9 Gt – compared to 5.1 Gt under current regulation. Overall, the bank thresholds, which define when there is intake to/outtake from the MSR, have the highest impact. Intake rates above 12% only have a limited effect, and cause oscillatory intake behaviour. Second, we analyse how more ambitious climate 2030 targets can be achieved by adjusting the linear reduction factor (LRF). We find that the LRF increases MSR cancellations substantially up to 10.0 Gt. This implies that increasing its value from currently 2.2% to only 2.6% could be consistent with an EU-wide target of −55% by 2030. However, MSR cancellations are subject to large uncertainty, which increases the complexity of the market and induces high price uncertainty.
- ItemEconomic mitigation challenges: How further delay closes the door for achieving climate targets(Bristol : IOP Publishing, 2013) Luderer, Gunnar; Pietzcker, Robert C.; Bertram, Christoph; Kriegler, Elmar; Meinshausen, Malte; Edenhofer, OttmarWhile the international community aims to limit global warming to below 2 ° C to prevent dangerous climate change, little progress has been made towards a global climate agreement to implement the emissions reductions required to reach this target. We use an integrated energy–economy–climate modeling system to examine how a further delay of cooperative action and technology availability affect climate mitigation challenges. With comprehensive emissions reductions starting after 2015 and full technology availability we estimate that maximum 21st century warming may still be limited below 2 ° C with a likely probability and at moderate economic impacts. Achievable temperature targets rise by up to ~0.4 ° C if the implementation of comprehensive climate policies is delayed by another 15 years, chiefly because of transitional economic impacts. If carbon capture and storage (CCS) is unavailable, the lower limit of achievable targets rises by up to ~0.3 ° C. Our results show that progress in international climate negotiations within this decade is imperative to keep the 2 ° C target within reach.
- ItemREMIND2.1: transformation and innovation dynamics of the energy-economic system within climate and sustainability limits(Katlenburg-Lindau : Copernicus, 2021) Baumstark, Lavinia; Bauer, Nico; Benke, Falk; Bertram, Christoph; Bi, Stephen; Gong, Chen Chris; Dietrich, Jan Philipp; Dirnaichner, Alois; Giannousakis, Anastasis; Hilaire, Jerome; Klein, David; Koch, Johannes; Leimbach, Marian; Levesque, Antoine; Madeddu, Silvia; Malik, Aman; Merfort, Anne; Merfort, Leon; Odenweller, Adrian; Pehl, Michaja; Pietzcker, Robert C.; Piontek, Franziska; Rauner, Sebastian; Rodrigues, Renato; Rottoli, Marianna; Schreyer, Felix; Schultes, Anselm; Soergel, Bjoern; Soergel, Dominika; Strefler, Jessica; Ueckerdt, Falko; Kriegler, Elmar; Luderer, GunnarThis paper presents the new and now open-source version 2.1 of the REgional Model of INvestments and Development (REMIND). REMIND, as an integrated assessment model (IAM), provides an integrated view of the global energy–economy–emissions system and explores self-consistent transformation pathways. It describes a broad range of possible futures and their relation to technical and socio-economic developments as well as policy choices. REMIND is a multiregional model incorporating the economy and a detailed representation of the energy sector implemented in the General Algebraic Modeling System (GAMS). It uses non-linear optimization to derive welfare-optimal regional transformation pathways of the energy-economic system subject to climate and sustainability constraints for the time horizon from 2005 to 2100. The resulting solution corresponds to the decentralized market outcome under the assumptions of perfect foresight of agents and internalization of external effects. REMIND enables the analyses of technology options and policy approaches for climate change mitigation with particular strength in representing the scale-up of new technologies, including renewables and their integration in power markets. The REMIND code is organized into modules that gather code relevant for specific topics. Interaction between different modules is made explicit via clearly defined sets of input and output variables. Each module can be represented by different realizations, enabling flexible configuration and extension. The spatial resolution of REMIND is flexible and depends on the resolution of the input data. Thus, the framework can be used for a variety of applications in a customized form, balancing requirements for detail and overall runtime and complexity.