Main findings
Mitigation potential
2050 projections of power and industrial high temperature heating sectors:
- Projected no-action emissions based on current energy mix: 352.6 MtCO2e /year.+
- Using only local measures, reaching zero emissions in the modelled sectors requires an average abatement cost of USD15.10 /tCO2e.
- Most important needle mover is onshore wind, with parallel development of open field PV and storage technologies to accelerate emissions reductions.
- Average cost of achieving zero emissions in collaborative scenarios tested here range from USD10.70 - USD12.60/tCO2e
+Emissions are the annualized value for a 30-year project starting in 2050 (i.e., divided by 30 from the total project emissions)