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ENTSO-E - Power System for a Carbon Neutral Europe This document presents a comprehensive Vision developed by ENTSO-E, of what would be necessary to achieve a Power System fit for a Carbon Neutral Europe. It builds on our previous ENTSO-E Vision 2030, on the long term Ten-Year Network Development Plan (TYNDP) scenarios, and on our RDI Roadmap, and it includes TSOs common intelligence on trends, scenarios, challenges, technology, and innovation. Download PDF file  In a fully carbon neutral economy, electricity will be the main and most efficient energy carrier, but it will need to be coupled with other energy sectors. The system of the future will be based on three key elements, all essential for a sustainable, resilient and affordable power system: * Carbon Neutral Energy Sources, providing the bulk of the power generation, and for the most part weather-dependent. * System Flexibility Resources, to efficiently complement the weather dependent generation and the increase in overall complexity. * The Power Grid, connecting generators, consumers and flexibility resources across Europe, and enabling a fully integrated European Energy Market.  This future power system in Europe will be: * A System of Systems, which will need strong ooperation between transmission and distribution, and amongst different energy systems. All operators will be key enablers and facilitators to make this future energy system work. * At the same time more European and more Local, with TSOs providing a critical interface between both dimensions. In this Vision we show that a Power System for a Carbon Neutral Europe is within our reach, but four key elements will need to change to make this reality possible: * With the development of large-scale system flexibilities, both short and long duration, that will need to be timed with the future system needs and the gradual phase-out of fossil fuel generation. * With an operation of the system that will rise up to the challenge of this much more complex System of Systems, including the management of flexibilities, through innovation and cooperation. * With a regulatory framework, planning and permitting procedures that will facilitate the timely deployment of the necessary investments, and encourage efficiency and innovation. * With a market design as a key enabler, that must evolve to allocate value where and when it will be most needed for the energy system, while reflecting different consumers` needs and preferences. The scale of change is such that we need to act now. To transform this vision into reality as soon as possible, we will need a strong cooperation across the whole energy industry, and a permanent dialogue with consumers, stakeholders and public authorities at European, national and local level. TSOs, through ENTSO-E, propose this work as a basis to start building this future together! Download PDF file |