RT Journal Article T1 Reflecting the energy transition from a European perspective and in the global context—Relevance of solar photovoltaics benchmarking two ambitious scenarios A1 Breyer, Christian A1 Bogdanov, Dmitrii A1 Ram, Manish A1 Khalili, Siavash A1 Vartiainen, Eero A1 Moser, David A1 Román Medina, Eduardo A1 Masson, Gaëtan A1 Aghahosseini, Arman A1 Mensah, Theophilus N.O. A1 Lopez, Gabriel A1 Schmela, Michael A1 Rossi, Raffaele A1 Hemetsberger, Walburga A1 Jäger-Waldau, Arnulf AB Multiple energy-related crises require a fast transition towards a sustainable energy system. The European Green Deal aims for zero CO2 emission by 2050, while accelerating climate change impacts obligate a faster phase-out of fossil fuels. Energy transition studies for Europe at and near 100% renewable energy are used as a benchmark for two newly introduced scenarios for Europe reaching zero CO2 emissions by 2050 and 2040. A technology-rich energy system model was applied in hourly resolution for Europe in 20 interconnected regions and in full sector coupling covering all energy demands. The results reveal a cost-neutral energy transition towards 2050 based on declining levelised cost of electricity and a pathway with 9% higher energy costs leading to 17% lower total CO2 emissions with an accelerated energy transition by 2040. The two scenarios find shares of solar photovoltaic (PV) in total generation of 61%–63% by 2050, the highest ever estimated for Europe, still below the highest global average shares ranging between 75% and 77% form three independent studies. The central energy system components are solar PV, wind power, batteries, electrolysers and CO2 direct air capture for carbon capture and utilisation. The core characteristic of the European energy future may be best described by a power-to-X economy, which may evolve on the global scale to a solar-to-X economy. SN 1062-7995 YR 2023 FD 2023-12 LA eng NO Breyer , C , Bogdanov , D , Ram , M , Khalili , S , Vartiainen , E , Moser , D , Román Medina , E , Masson , G , Aghahosseini , A , Mensah , T N O , Lopez , G , Schmela , M , Rossi , R , Hemetsberger , W & Jäger-Waldau , A 2023 , ' Reflecting the energy transition from a European perspective and in the global context—Relevance of solar photovoltaics benchmarking two ambitious scenarios ' , Progress in Photovoltaics: Research and Applications , vol. 31 , no. 12 , pp. 1369-1395 . https://doi.org/10.1002/pip.3659 NO Publisher Copyright: © 2022 The Authors. Progress in Photovoltaics: Research and Applications published by John Wiley & Sons Ltd. NO The work for this paper has been carried out under the framework of the European Technology and Innovation Platform for Photovoltaics (ETIP PV) and in collaboration with SolarPower Europe. The authors gratefully acknowledge the LUT University Research Platform ‘GreenRenew’, which partly funded this research. DS TECNALIA Publications RD 29 jul 2024