In the next decades, a deep decarbonisation of energy and transport systems is urgently needed to limit the global temperature rise. In general, the main quantitative numbers and policy options for mitigating the global climate challenge - including the remaining CO2 budget - are known and available on the silver tableau. However, the ambitions and the pace of implementation of the corresponding measures vary in the different regions of the world. The CO2 price signal will undoubtedly play a decisive role in this context. This webinar focuses - after a brief introduction on carbon pricing mechanisms currently in place around the world - mainly on the role of carbon pricing for energy technology exchange and the resulting fuel switching in energy and transport systems in Europe. In addition, two possible future business cases are presented that demonstrate - depending on the CO2 price development - the profitability of decommissioning gas distribution grids as a means for local, deep decarbonisation of cities, and hydrogen production for the transport sector and heavy industry based on hydropower. All quantitative modelling results presented have already been published and are based on comprehensive peer review processes. Therefore, there is no reason to be afraid of the (high) CO2 prices that take some getting used to.
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Hans Auer, Energy Economics Group (EEG), TU-Wien
Hans Auer is an Associate Professor in Energy Economics at Technische Universität Wien (TU Wien), Austria. He studied electrical engineering, holds a PhD as well as a venia docendi in energy economics. Since the beginning of his academic career for more than 25 years, Hans has been focusing in research and teaching on various aspects of energy system transition, energy policies, energy market modelling, notably in the context of grid and market integration of renewable and new energy technologies.
Karlo Hainsch, CoalExit Research Group, TU Berlin
Topic: What CO2 price paths does the open source energy system model GENeSYS-MOD demand for feasible solutions for a climate-neutral European energy and transport system?
Karlo Hainsch holds a MSc in industrial engineering from Technische Universität Berlin (TU Berlin). Currently he is a PhD student at TU Berlin and is part of the CoalExit research group examining the transition from fossil fuels towards renewable energy sources across the entire energy system. His research focusses on energy system modelling with a main emphasis on scenario development. Karlo is one of the developers of GENeSYS-MOD, an open-source energy system model being used for long-term projections of national, international and global energy systems featured in various German and European projects.
Sebastian Zwickl-Bernhard, Energy Economics Group (EEG), TU-Wien
Topic: Shifting profitability boundaries and new balances in the energy transition due to rising CO2 prices - upcoming new business cases
Sebastian Zwickl-Bernhard holds a MSc in electrical and control engineering from Technische Universität Wien (TU Wien). Currently he is a PhD student and junior research scientist at TU Wien. His research interests comprise open source energy and climate system modelling at several scales (temporal, spatial) and granularity levels. At Energy Economics Group (EEG) at TU Wien Sebastian is one of the key model developers in different ongoing European and national research projects studying transition pathways and new balances in climate-neutral energy and transport systems.
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Event Date: September 27, 2021
Event Time: 10:00 - 11:00 AM Eastern Time
Carbon Pricing Shaping Carbon-Neutral Energy & Transport Systems: Technology Exchange, Business Cases
Speakers: Hans Auer, Karlo Hainsch, Sebastian Zwickl-Bernhard