CO2 Emissions, Power Generation and Renewables in Eastern Europe in 2020

  • Fredrik Pettersson


The purpose of this paper is to explore the costs for reducing CO, emissions from the power sector in a number of Eastern European countries in 2020. A linear programming model is used and it is based on the underlying assumptions of the so-called RAINS model. The results, based on an exogenously given 15 percent reduction target for CO, emissions, show that the marginal costs for switching from a carbon intense fuel to either a low-carbon or a renewable energy source differ heavily among the countries studied. Overall, there is a relatively large potential for fuel shifts in the power sector and renewable resources could be further utilized in order to attain European climate policies.