Impacts of EU Taxonomy Implementation on the Energy Sector

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Impacts of EU Taxonomy Implementation on the Energy Sector

Popis výsledku v původním jazyce

This paper analyzes the implications of the EU Taxonomy, as the European Union (EU) instrument to mitigate climate change and reduce import dependency, for the European energy sector in the context of resource adequacy. Resource adequacy is assessed in the medium-term horizon using the case example of the Czech Republic (CZ) as a country facing a significant energy transition, as its resource mix is still largely made up of coal. The analysis is based on the country's energy balance and the available outlooks published in the energy concepts and strategic documents of the CZ. These outlooks are quantitatively analyzed and critically assessed. According to the current set of conditions for new resources resulting from the EU Taxonomy, there is a risk that in the medium term (2040) there will be no new resources, technologies and fuels available in the CZ that would comply with the conditions of the EU Taxonomy and at the same time cover the country's energy needs. This may lead to the situation where Czech Republic's electricity system will be inadequate in terms of generation and installed capacity sooner than would be the case if the implications of the EU Taxonomy were not considered. As a result of the EU Taxonomy, other European countries on the threshold of energy transition may face a similar problem and their energy security may be compromised. The results show that EU Taxonomy can have a significant impact on future development of European energy sector in the context of energy mix.

Název v anglickém jazyce

Impacts of EU Taxonomy Implementation on the Energy Sector

Popis výsledku anglicky

This paper analyzes the implications of the EU Taxonomy, as the European Union (EU) instrument to mitigate climate change and reduce import dependency, for the European energy sector in the context of resource adequacy. Resource adequacy is assessed in the medium-term horizon using the case example of the Czech Republic (CZ) as a country facing a significant energy transition, as its resource mix is still largely made up of coal. The analysis is based on the country's energy balance and the available outlooks published in the energy concepts and strategic documents of the CZ. These outlooks are quantitatively analyzed and critically assessed. According to the current set of conditions for new resources resulting from the EU Taxonomy, there is a risk that in the medium term (2040) there will be no new resources, technologies and fuels available in the CZ that would comply with the conditions of the EU Taxonomy and at the same time cover the country's energy needs. This may lead to the situation where Czech Republic's electricity system will be inadequate in terms of generation and installed capacity sooner than would be the case if the implications of the EU Taxonomy were not considered. As a result of the EU Taxonomy, other European countries on the threshold of energy transition may face a similar problem and their energy security may be compromised. The results show that EU Taxonomy can have a significant impact on future development of European energy sector in the context of energy mix.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

20704 - Energy and fuels

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2022

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of the 11th International Scientific Symposium on Electrical Power Engineering

ISBN

978-80-553-4104-0

ISSN

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e-ISSN

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Počet stran výsledku

7

Strana od-do

256-262

Název nakladatele

Technical University of Košice

Místo vydání

Košice

Místo konání akce

Stará Lesná

Datum konání akce

12. 9. 2022

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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