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Future of the European Power Sector Without Russian Gas

30 Nov 2022
Evolve Stage (Hall 11.1)
Session: Delivering REPowerEU

The decreasing supply of Russian gas has caused a severe disturbance in the European energy markets. The EU Commission has been fighting to keep the market stable and protect the weakest industries and consumers. However, soon the focus on the European energy policy should shift beyond the energy crisis; to evaluate how we could speed up the REPowerEU implementation with the increased renewable target of 45% by 2030. Wärtsilä has a long experience in power system modelling. We have modelled so far 180 systems worldwide. Now, we have made a simulation – with PLEXOS, the energy modelling and forecasting software – on how Europe could survive without Russian gas going forward. We investigate the technologies that should be built in the EU member states by 2030 to provide uninterrupted power supply and to be able to fulfil renewable targets. Our model also evaluates the potential savings in emissions and electricity costs across Europe

Speakers
Ville Rimali, Director, Growth & Development, usiness Support - Wartsila
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Diamond Partner

  • Schneider Electric

 

Platinum Partner

  • Siemens AG

 

Gold Partners


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