Future bioenergy trade in the EU: modelling trading options from a cost-effectiveness perspective

• The purpose of this paper is to analyse under what conditions, with respect to CO2 emission-reduction and biofuels-for-transport targets, the trading in the EU of CO2 credits and solid and/or liquid biofuels is cost-effective from the perspective of an optimisation energy systems model. We use the PEEP model covering the EU27 (except Bulgaria, Malta, and Cyprus) to generate insights about the cost-effectiveness of different options under different policy scenarios. Trade in CO2 credits is a cost-effective option, in all relevant policy scenarios. Trade in some biofuels (mainly from Central and Eastern European countries to the EU15) is cost-effective in all assessed scenarios. In the case of CO2 targets (whether national or at the EU level) there is trade in solid biofuels. When biofuels-for-transport targets are also implemented, trading both solid and liquid biofuels is cost-effective.

Ämnesord

TEKNIK OCH TEKNOLOGIER  -- Annan teknik -- Övrig annan teknik (hsv//swe)

ENGINEERING AND TECHNOLOGY  -- Other Engineering and Technologies -- Other Engineering and Technologies not elsewhere specified (hsv//eng)

SAMHÄLLSVETENSKAP  -- Annan samhällsvetenskap -- Övrig annan samhällsvetenskap (hsv//swe)

SOCIAL SCIENCES  -- Other Social Sciences -- Other Social Sciences not elsewhere specified (hsv//eng)

Nyckelord

Biofuels

Bioenergy trade

CO2 credits

Electricity

EU

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