In this paper, we analyze the implications of fully or nearly fully decarbonizing the European electric system by 2050. Future power mixes trajectories are computed with a 5 year time step at country level using eTIMES-EU, a bottom-up optimization model for the EU power sector. By comparing a near carbon neutral case (TGT90) with a fully decarbonized system (NEUTR), we discuss the additional costs, capacities and trading implications. Increasing the ambition from 90% mitigation goal to strict neutrality requires 32.6% more investments in 2050, 394 GW additional solar capacity in 2050 and more reliance on trade between countries.
Keywords optimization, long-term energy planning, decarbonization, interconnected electric system