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Scenario study suggests increased vehicle electrification in Europe increases demand for gas in power sector; limited ability for power-to-gas

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The study is based on a set of scenarios for 2050 of electrification in five European countries: Austria (AT), Belgium (BE), France (FR), Germany (DE) and the Netherlands (NL). Except for NL and possibly BE, the capacity of the gas networks will have to be extended.

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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2010 and 2015 LCOE ranges for solar and wind technologies. The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. Bottom: LCOE ranges for solar PV and wind technologies at three discount rates. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

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