Long Term Strategy for 2050 (LTS).

This Long-term Strategy for the year 2050 is a Road Map for Climate and Energy issues, which the government developed, in addition to National Energy and Climate Plan (NECP), in the context of the country's participation in the collective European goal of a successful and sustainable transition to a climate-neutral economy by the year 2050, seeking to ensure that this transition improves the quality of citizens’ life, enhancing the competitiveness of the economy and industry, while addressing environmental challenges. The aim of this Long-term Strategy is to present the available technological solutions that can be applied in the domestic field, in order to adapt the measures according to technological progress and structure of final energy consumption in the branches of economic activity after the year 2030. In this light, the Long-term Strategy examines the range of available options and different scenarios for the development of the energy system, for the necessary energy transition, in order to achieve a drastic reduction of greenhouse gas emissions, the productive reconstruction of the economy of the country, the promoting a sustainable bio-economy, strengthening the competitiveness of the economy and industry, through research and innovation, with the aim of a digitised circular economy.
This Strategy is structured as follows: 1) The climate neutrality of the European Union and the goals for 2050. 2) Objective of the Long-term Strategy. 3) Methodology. 4) Quantitative results of scenarios, including: greenhouse gas emissions, structure of emissions by sector, energy intensity indicators, primary energy production and supply and overview by sector. 5) Policy key-points for the long-term strategy and goals for 2050. 6) Appendices. Following its scenario planning to achieve the emission targets in 2050 at the national level, the Strategy identifies the following Policy priorities: improvement of energy efficiency in all sectors; development of renewable energy sources in all sectors and especially in the power generation sector; elimination of carbon dioxide emissions from burning solid fuels in power generation; electrification of transport; development of domestic biomass fuels and gas with advanced techniques; expansion of interconnections for electricity and renewable energy systems; bio-economy. The Strategy defines scenarios for energy consumption, production and supply and greenhouse gas emissions in different sectors, including: industry, agriculture, transport, power generation, residential and public sectors building, focusing on thermal use of water, biomass consumption, oil and fossil fuels consumption, use of industrial waste, biogas and biomass for combustion in industrial processes, biofuels consumption. The Strategy offers innovative policies and techniques and alternative solutions for improving energy efficiency: development of renewable energy sources (RES); circular economy on a large scale; development of chemical storage of electrical energy through hydrogen; production and disposal of climate-neutral hydrocarbons; application of capture, use and storage of carbon dioxide.