This paper analyses the energy system and cost implications of moving beyond the 20% greenhouse gas emission target agreed in the EU’s Climate and Energy package of 2008. The paper states that due to the economic crisis the cost of going beyond the 20% target to a 25% or 30% domestic target...

This paper analyses the energy system and cost implications of moving beyond the 20% greenhouse gas emission target agreed in the EU’s Climate and Energy package of 2008. The paper states that due to the economic crisis the cost of going beyond the 20% target to a 25% or 30% domestic target...

Energy system models based on experience curves are superior to conventional models in their treatment of the dynamics of technological development. However, assuming perfect foresight means that future learning rates are known with certainty, which is not realistic. An optimising model for the...