Solar power in the EU is projected to be the dominant renewable energy source by 2050 , with growth potentially increasing by up to eightfold, according to the Green Transition Scenarios report by Statkraft, a Norwegian leader in renewable energy. This growth will place solar power in the EU at the heart of the transition to a decarbonised European electricity system .
Solar energy in the EU will lead decarbonisation
The report, which was prepared by more than 50 experts, presents two possible scenarios: the ” Green Transition Scenario “, which assumes an optimistic and accelerated progress, and the “Delayed Scenario”, in which progress would occur more slowly.
In both cases, solar and wind energy will play a central role, with their generation capacity increasing by up to five times for wind and up to eight times for solar in the best case scenario. Thus, the share of renewable energies in the European electricity sector could reach 87% , achieving almost total decarbonisation by mid-century.
Spain, key in the EU’s energy transition
Statkraft, with a strong presence in Spain, plays a crucial role in driving the energy transition. The company has 1.4 GW of capacity in operation and construction in the country and has expanded its solar and wind energy projects. In Andalusia and Extremadura, Statkraft has deployed more than 800 MW in solar photovoltaic installations , while in regions such as Galicia, Navarra and Castilla y León it operates several wind farms totalling another 600 MW.
Challenges and solutions for a sustainable energy future
Decarbonisation poses considerable challenges in managing intermittent energy sources such as solar and wind. To meet these challenges, the report underlines the importance of developing storage solutions such as batteries, flexible hydropower and high connectivity between markets.
Statkraft experts predict that in the best-case scenario, a 36% reduction in total energy demand will be achieved thanks to efficiency improvements , despite an increase in electricity consumption driven by emerging technologies, electric vehicles and the production of green hydrogen.
On track to meet 2050 climate goals
Both Statkraft scenarios conclude that, despite potential geopolitical tensions and technological challenges, the transition to a clean and cost-effective energy system is viable. They also differentiate between established technologies, such as solar and wind power , and those that require more support to mature, such as offshore wind and hydrogen. With progress in these areas, Europe continues to chart a path towards sustainability and leadership in the fight against climate change.
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Source: Statkraft
Photo: Shutterstock
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