1. A SuperSmart Grid for climate and energy security Armin Haas The SuperSmart Grid What Matters? One Question and Five Answers

2. A SuperSmart Grid for climate and energy security 1. Climate Matters Europe wants to reduce CO 2 emissions by 80% by 2050 Power system: Reductions of this magnitude hardly possible with conventional technologies, nor with CCS

3. A SuperSmart Grid for climate and energy security 2. Renewable Potentials Matter TWh/a

4. A SuperSmart Grid for climate and energy security 2. Renewable Potentials Matter TWh/a

5. A SuperSmart Grid for climate and energy security 2. Renewable Potentials Matter TWh/a

6. A SuperSmart Grid for climate and energy security 3. Costs Matter Cost estimates for REN from North Africa to Europe range from 4 to 15 €c/kWh From a cost perspective, the SuperSmart Grid is a realistic option

7. A SuperSmart Grid for climate and energy security 4. Investments Matter With costs in the range of 4 to 15 €c/kWh, financial markets signal that they will be willing to raise the capital needed They are willing to do so provided they can expect investment security

8. A SuperSmart Grid for climate and energy security 5. Policy Matters For investment security, a reasonable political framework will be needed With a reasonable political framework, the SuperSmart Grid will grow organically