The Electrical Energy Transition in Europe: Risks, Impacts, and Scenarios for its Future Implementation

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Abstract
The energy transition brought on by climate change has been accelerated by EU members, and public agencies have played an amazing role in this process. Corporate initiatives, directed by policies and directives based on stability at the European level, take precedence over the efforts of public authorities in this politically driven process. Presenting a comprehensive overview of the electrical energy technologies under development and their potential applications to enhance the stability and dependability of Europe’s interconnected power system is the aim of this study. The European power system has seen significant growth in the use of renewable energy sources (RES), and the closure of power plants that predominantly used fossil fuels as a result of the EU’s 2030 aims to reduce net greenhouse gas emissions by at least 55 %. Due to the highly expected unpredictability of RES, this ecologically friendly transition is unfortunately occurring without the necessary investment in energy storage technologies, increasing the possibility for a major blackout.
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  • Technical University of Sofia

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