A new report by Energy Systems Catapult has found Net Zero by 2050 is possible with support for innovation and scale-up across three essential areas – Low Carbon Technology, Land Use and Lifestyle.
The Innovating to Net Zero report modelled 100s of potential pathways to 2050 – ramping up or down different technologies and behaviour changes – to understand the combinations, interactions and trade-offs of competing decarbonisation approaches.
The internationally peer-reviewed Energy System Modelling Environment (ESME) is the UK’s leading techno-economic whole system model – which as been used by the Committee on Climate Change (CCC), industry, academia and the UK Government. ESME is independent of sector interests and identifies cost-optimised decarbonisation pathways across the whole system.
Energy Systems Catapult Insight and Evidence lead Scott Milne, said: “Last year the UK became the first major economy in the world to commit to a ‘Net Zero’ emissions target by 2050.
“Now for the first time, we’ve modelled hundreds of potential pathways to get to Net Zero by 2050, ramping up or down different technologies and behaviour changes – to understand the different combinations, interactions and trade-offs of competing decarbonisation options to reach the most cost-optimised approaches.
“Broadly each potential pathway uses a combination of two different approaches: a top-down technology focused approach or a bottom-up behaviour focused approach.
“However, what stands out is – no matter which pathway the UK takes – innovation, investment and incentives across low carbon technology, land use and lifestyle is essential to achieve Net Zero.
“And there are massive economic opportunities for the UK to lead the world in these areas.”
For more information and the full Innovating to Net Zero report, click here.