|Shaping the Electricity Market of the Future|
Climate-neutral electricity generation is both necessary and possible. It is necessary because the Federal Republic of Germany, together with the other Member States of the European Union, has committed itself to the target of reducing greenhouse gas emissions by at least 80 per cent from 1990 levels by 2050. This is the industrialised countries’ minimum contribution to the internationally agreed target of preventing global average temperature from rising more than 2°C above pre-industrial levels. This target can only be achieved by moving to a power system essentially based on renewable sources, as substantial emission reductions are easier and less expensive to implement in the electricity sector than in other sectors.