Lund University

The Electricity Based Economy 2050

The Electricity Based Economy is an agenda that gathers academia, industry and authorities to create a road map for the future of the electricity sector in order to achieve the vision of a carbon neutral Sweden in 2050.

Sweden’s total use of energy is largely comprised of non-renewable resources (fossil fuels) with significant greenhouse gas emissions. Climate change is an urgent threat that needs to be faced collectively and the use of non-renewable resources is an important component in this challenge. The Swedish government has set up a vision of a carbon neutral Sweden in 2050.

This is the starting point of the project The Electricity Based Economy 2050. In order to achieve the vision energy needs to be produced in new sustainable ways with a conversion from fossil fuels to sustainable production of energy. How the conversion to green energy will be done is not clear, but the road there may include an increased use of electricity. One possible scenario is that the use of electricity will be doubled while the total energy consumption is reduced. It is crucial to have a national road map for the switch to green energy, to have a picture of where the electricity sector needs to be in 2050 and a strategy for what needs to be done in order to reach the goal.

The aim of the agenda is to create this road map and support this with policy recommendations. We gather experts from academia, industry and governmental authorities to gain knowledge about the development of the electricity infrastructure, and find out how we can optimize availability and quality while meeting CO2 emission targets.

The agenda is general and looks at all types of electricity production and has a heavy presence of academia, which makes it stand out compared to other similar agendas. It is crucial that the development of infrastructure in Sweden is evidence based, so independent academic research is vital.

LU Open is coordinating The Electricity Based Economy 2050 as well as informing researchers at Lund University about the possibilities of the project.