To achieve this aim and set the Principality on the route to carbon neutrality by the 2050 deadline, the national action plan focuses mainly on the three sectors that emit the most greenhouse gas, namely road transport, waste treatment and energy use in buildings. These account for approximately 90% Contact online >>
To achieve this aim and set the Principality on the route to carbon neutrality by the 2050 deadline, the national action plan focuses mainly on the three sectors that emit the most greenhouse gas, namely road transport, waste treatment and energy use in buildings. These account for approximately 90% of the country''s emissions.
This energy transition requires all of us to act responsibly to protect our environment, while improving our quality of life and safeguarding our health. This means that we will have to adopt new habits - using clean energy and being more restrained in our modes of consumption.
In addition to this approach, H.S.H. the Sovereign Prince has decided to create the Energy Transition Mission to manage projects to limit greenhouse gas emissions and develop renewable energies.
It reflects the determined commitment of the State, which therefore also becomes everyone''s commitment, without hindering the economic development of our country, but, on the contrary, developing new opportunities.
To achieve this, we must be imaginative, creative and free from preconceived ideas, to enable our country to become a more responsible society that is more restrained in energy consumption; a society that is based on renewable energies; a society that is totally committed to decarbonisation.
For more information, see: PDF1.8 MBPlaquette de la Mission pour la Transition Energétique (French only)
The National Green Fund was created in early 2016. It is funded by part of the State''s budgetary surplus and a contribution from electricity consumption. The aim of this funding is to provide the Principality with the financial means for long-term action to achieve its energy transition.
The White Paper on Energy Transition is the first stage in involving the Monegasque community. This aim of this approach is to collect and bring together the views, actions and expectations of key players in Monaco in order to define the shared roadmap that will lead us towards 2050.
Between August and December 2016, 59 organisations and almost 90 people were interviewed. In January 2017, five collective workshops were organised by sector of activity with the aim of reaching a shared diagnosis, identifying levers and prioritising the actions to be taken. The issues and lines of action identified by the participants are presented in the White Paper on Energy Transition document published on 23 March 2017.
Total energy supply (TES) includes all the energy produced in or imported to a country, minus that which is exported or stored. It represents all the energy required to supply end users in the country. Some of these energy sources are used directly while most are transformed into fuels or electricity for final consumption.
Energy production includes any fossil fuels drilled and mined, which can be burned to produce electricity or used as fuels, as well as energy produced by nuclear fission and renewable power sources such as hydro, wind and solar PV. Bioenergy - which here includes both modern and traditional sources, including the burning of municipal waste - is also an important domestic energy source in many countries.
Imports, particularly of fossil fuels like oil, natural gas and coal, make up an important part of the energy supply in many countries. Countries that rely heavily on imported energy may be vulnerable to supply disruption from external events such as the Covid-19 pandemic and the war in Ukraine. In countries that export large amounts of energy, falling energy prices can also cause major economic shocks.
Energy sources, particularly fossil fuels, are often transformed into more useful or practical forms before being used. For example, crude oil is refined into many different kinds of fuels and products, while coal, oil and natural gas can be burned to generate electricity and heat. Other forms of transformation, such as extracting gas or oil from coal, play a relatively minor role in the energy systems of most countries.
One of the most important types of transformation for the energy system is the refining of crude oil into oil products, such as the fuels that power automobiles, ships and planes.
Another important form of transformation is the generation of electricity. Thermal power plants generate electricity by harnessing the heat of burning fuels or nuclear reactions – during which up to half of their energy content is lost. Renewable power sources generate electricity directly from natural forces such as the sun, wind, or the movement of water.
Total final consumption (TFC) is the energy consumed by end users such as individuals and businesses to heat and cool buildings, to run lights, devices, and appliances, and to power vehicles, machines and factories. It also includes non-energy uses of energy products, such as fossil fuels used to make chemicals.
Some of the energy found in primary sources is lost when converting them to useable final products, especially electricity. As a result, the breakdown of final consumption can look very different from that of the primary energy supply (TES). Both are needed to fully understand the energy system.
The sectoral breakdown of a country''s energy demand, which is based on its economy, geography and history, can greatly impact its energy needs and which energy sources it relies on to meet those needs – such as fueling automobiles, heating or cooling homes or running factories.
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