Europe Energy Transition Market Analysis by Sectors (Power, Electrical Vehicles, Renewable Fuels, Hydrogen and CCS/CCU) and Trends
Europe has the potential to be the leading region in the five main sectors needed for energy transition, two of which are currently at a high development stage, namely renewable energy and electric vehicles. Further policies and actions need to be implemented to increase its capacity in the other three sectors. The energy supply sector is also the main responsible for the CO2 emissions in the region.
Scope
Regional Energy Transition in Europe
Policies supporting energy transition
Power renewable capacity and generation by 2035 and thermal decommissioning capacity
Electric vehicles market and growth
Renewable refineries in the EU
CCS capacity and main industries adopting CCS
Main hydrogen developments and hycdrogen capacity in Europe
Key Highlights
Renewables accounted for 48% of the European power market in 2021 and are expected to increase to 66% by 2030.
As several countries have strict policies on phasing out coal and reducing fossil fuel use and emissions, there is firm progress on decommissioning thermal capacity.
The transportation sector is the second largest GHG emission contributor in the EU, accounting for almost 20% of the total emissions in the region.
There are over 80 CCS projects being planned in the EU, most of which are planned to be in the North Sea, holding an annual abatement potential of 80 million tonnes of CO2.
Hydrogen accounts for a 20% share of the global capacity.
Reasons to Buy
Identify the last trends, policies and leaders in energy transition technologies.
Develop market insight of current, in development and announced capacity and latest trends of each of the sectors.
Understand the potential market growth and policy support for renewable power, hydrogen, renewable refineries, CCS, EVs.
Facilitate the understanding on where the market is growing as it positioned as one of the main topics of the international agenda.
Key Players
Table of Contents
List of Tables
List of Figures
Get in touch to find out about our multi-purchase discounts
reportstore@globaldata.com
Tel +44 (0) 20 7947 2960
Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.
Still undecided about purchasing this report?
Testimonial
“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.
GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”
“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”
Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.
Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.