How could technological innovations play a role in bridging the energy production gap between carbon-neutral energy capabilities and rising energy demand under the European Green Deal’s net-zero 2050 target?

Details

Supervisors

Desmet, Carlos

Faculty

Louvain School of Management

Degree label

Master [120] : ingénieur de gestion, à finalité spécialisée

Abstract

This master’s thesis examines the potential of technological innovations to bridge the gap between current carbon-neutral energy capabilities and the rising energy demand under the European Green Deal’s net-zero 2050 target. The research evaluates both emerging and existing technologies in the energy sector, assesses their potential to reduce greenhouse gas (GHG) emissions, and explores the strategic and regulatory environments conducive to fostering these innovations. The methodological approach entails a comprehensive review of existing literature, qualitative empirical research conducted via semi-structured interviews with experts in the field of energy and innovation, and scenario analysis followed by thematic analysis. The findings indicate that key technological innovations, including biomethane, green hydrogen, blue hydrogen, and carbon capture, utilization, and storage (CCUS), are crucial for addressing the energy production gap. Emerging technologies such as nuclear fusion, agrivoltaics, and offshore energy solutions also demonstrate potential, although they currently face significant challenges. The discussion and conclusion highlight the necessity for continuous research to identify alternatives to greenhouse gas-emitting energy sources, adaptive policymaking to integrate new technological innovations, and sustained commitment to sustainability by individuals and industries.