*** Please note, the Italian data is incorrect due to a change in ENTSOE reporting and how the category ‘Renewables’ was classified. ***
Today, Sandbag releases a review of the European power sector in 2015.
2015 saw a record increase in renewables generation, equal to 2.5% of European electricity demand. But despite this, power sector CO2 emissions are expected to fall by only about 0.5%.
Our ETS emissions forecast to 2020 remains unchanged, which is for emissions to fall 21% from 2014 to 2020. This equates to 30% economy-wide CO2 cuts by 2020, far surpassing the EU target of 20% cut by 2020.