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How Eurobonds can raise trillions for recovery and the Green Deal

April 29, 2020 by Luca Bonaccorsi

EU nations have lined up for and against any form of Eurobonds, including Coronabonds, that would mutualise vast amounts of debt across all the member states. Yet vast amounts are needed to recover from this unexpected and unprecedented global slump caused by the Coronavirus pandemic. Where will it come from? Luca Bonaccorsi at Transport & Environment explains EC president Ursula von der Leyen’s proposal for how the EU budget (on its own, … [Read more...]

Filed Under: Energy, Investment, Policies Tagged With: coronabonds, Coronavirus, EU, Eurobonds, GreenDeal, Macron, Merkel, vonderLeyen

EU needs clear European Green and Solidarity Pact by September

April 24, 2020 by Marc-Antoine Eyl-Mazzega

Stark predictions around the unprecedented economic challenges facing Europe (and the world) are starting to take shape. The possible solutions must keep pace with them. Here, Marc-Antoine Eyl-Mazzega at the IFRI Centre for Energy & Climate lays out those challenges and robust policy answers that can keep us on a net-zero emissions track while stimulating economies, creating jobs, and maintaining social justice. It’s no surprise that there is … [Read more...]

Filed Under: Energy, Investment, Policies Tagged With: coronabonds, Coronavirus, ETS, EU, Europe, Germany, GreenDeal, Italy, JustTransition, oil, solar, SolidarityPact, spain, stimulus

Regulatory challenges to foster cross-border trade in electricity systems with increasing shares of renewables

April 21, 2020 by Machiel Mulder

The share of renewable generation in Europe’s power system is rising fast, but interconnection is not keeping up. Join us on May 19, 2020 to discuss this and related issues. More wind and solar makes the supply of electricity much more dependent on the weather. Nobody wants to build capacity only to switch it off when there’s too much heading onto the local grid. This could put an extra strain on delivering the Green Deal. One solution is to … [Read more...]

Filed Under: Energy, EU Policy, Events, Grids, Markets, Renewables, Smartgrids, Transport and energy Tagged With: efficiency, electricity, ENTSO-E, EU, Green Deal, grids, markets, Online panel discussion, prices, renewables, solar, Transmission, TSO, wind

Stimulus opportunity: Hand all carbon taxes to households

April 15, 2020 by Gerard Wynn

Governments worldwide now have the opportunity to radically rethink how household consumption can be stimulated, and where that money can come from. And every serious politician knows a radical change in fiscal policy is a rare opportunity to shape perceptions and values. This could be that moment for carbon taxes. Gerard Wynn at IEEFA first notes the success they have had in reducing emissions in the EU. With a rise in the CO2 price on the … [Read more...]

Filed Under: Energy, Policies Tagged With: carbontax, CO2, Coronavirus, emissions, EU, EUETS, policies, UK

How do we accelerate EU decarbonisation now?

April 2, 2020 by Andrei Marcu

The economic stimulus needed to overcome the current pandemic requires significant resources. But it comes at a time when we need to accelerate the energy transition, which is currently part of the European Green Deal and will also require an increase in resources. Andrei Marcu at ERCST examines how the transition will be funded, what are the sources of funding and how they relate to and will be impacted by the current health situation. A range … [Read more...]

Filed Under: Energy, Investment, Policies Tagged With: electricity, ETS, EU, funding, GreenDeal, JustTransition

Europe needs its own EV battery recycling industry

March 25, 2020 by Raphaël Danino-Perraud

Europe needs its own battery recycling industry, and the EU’s European Battery Alliance should make it happen, says Raphaël Danino-Perraud writing for the IFRI Centre for Energy & Climate. For economic, strategic and environmental reasons, today’s overwhelming dependence on outsourcing – in this case to Asia - for battery manufacture and recycling needs to change. To start with, Asia provides over 90% of global car battery output, half coming … [Read more...]

Filed Under: Energy, Storage, Transport and energy Tagged With: Asia, batteries, China, EU, Europe, EVs, policies, recycling, storage, transport, Umicore

New EU Industrial Strategy focuses on emissions, but is it enough?

March 19, 2020 by Johanna Lehne

This month the European Commission released its new EU Industrial Strategy to set the direction of travel for the EU economy in the context of the European Green Deal. Energy-intensive industries - like steel, cement, aluminium, paper and chemicals - account for roughly 17% of EU emissions and have struggled to reduce them in recent years. But Johanna Lehne at E3G doubts the strategy is enough to meet the ambition of becoming the first … [Read more...]

Filed Under: Energy, Industry, Policies Tagged With: aluminium, batteries, cement, chemicals, emissions, EU, GreenDeal, hydrogen, industry, paper, policies, steel

EU Green Deal: meeting targets by lowering non-EU neighbour emissions too

March 13, 2020 by Marc-Antoine Eyl-Mazzega

The EU‘s Green Deal and its increasingly ambitious transition policies cannot be limited to its member states, writes Marc-Antoine Eyl-Mazzega at the IFRI Centre for Energy & Climate. For its emissions targets to be met in a meaningful way the EU needs to ensure its neighbours to the east and in North Africa follow. The danger is that carbon intensive industries simply shift to those neighbours, and their products get imported back in. … [Read more...]

Filed Under: Energy, Policies Tagged With: Algeria, CO2, egypt, emissions, EU, GreenDeal, investment, Morocco, policies, Russia, turkey, Ukraine

Are national fossil fuel car bans compatible with EU laws, intra-trade, movement?

March 12, 2020 by Eoin Bannon

A growing number of EU nations are announcing laws to phase out the sale of new fossil fuel cars within the next 20 years. But are the proposed bans compatible with EU laws, or even workable given cross border trade and movement rights? If you are Dutch, why not buy your new petrol car in Belgium, then drive it back to the Netherlands? How do you enforce CO2 targets with foreign haulage fleets transiting through your nation? Eoin Bannon at … [Read more...]

Filed Under: Energy, Transport and energy Tagged With: CO2, Denmark, diesel, emissions, EU, EVs, France, gasoline, Germany, Ireland, NL, Norway, petrol, policies, transport

UK’s COP26 Presidency will be the first big test of its post-Brexit diplomatic skills

March 2, 2020 by Lucien Chabason and Lola Vallejo

November’s COP26 will arguably be the most important since the Paris Climate Agreement of 2015. By then, all signatory nations are required to submit their new and improved nationally determined contributions (NDCs) that set a credible pathway towards reducing their emissions. So far only the Marshall Islands, Suriname, and Norway have done so. Lucien Chabason and Lola Vallejo at IDDRI ask whether the UK teams behind their new COP26 President, … [Read more...]

Filed Under: Energy, Policies Tagged With: adaptation, Brazil, Brexit, China, COP26, emissions, EU, finance, India, NDCs, transport, UK, US

Norway’s “Northern Lights” project: creating the CCS business model

February 14, 2020 by Lee Beck

Northern Lights, a carbon capture and storage (CCS) project backed by the Norwegian government, is drilling test wells in the North Sea to find suitable places to store CO2. Project partners include Shell and Total, and others are joining them. CO2 will be shipped to an onshore terminal from which it is piped to the subsea wells. Once established, the plan is for other European countries to send their CO2 too. The project will also create the … [Read more...]

Filed Under: Carbon Capture, Energy Tagged With: CCS, CCUS, cement, CO2, emissions, EU, NorthernLights, Norway, Shell, Total, waste-to-energy

Defining green investments, ending greenwash: the EU’s new Taxonomy Regulation

February 13, 2020 by Luca Bonaccorsi

When the EU Commission’s new Taxonomy Regulation is approved, expected in March, it will provide the legal framework to define what is a truly ‘green’ investment. As Luca Bonaccorsi at Transport & Environment explains, right now asset managers and national authorities are free to define what is green, allowing some to greenwash investments in things like oil and pesticides. The Taxonomy's purpose is to reduce ambiguity and therefore increase … [Read more...]

Filed Under: Energy, Investment Tagged With: aviation, biofuels, ESG, EU, EVs, gas, investments, Nuclear, oil, shipping, TaxonomyRegulation

Tech-Neutral Auctions for Renewable Energy: are poorly defined rules creating loopholes?

February 12, 2020 by Bastian Lotz, Silvana Tiedemann, Lars Jerrentrup and Lion Hirth

The EC’s Environmental and Energy State Aid Guidelines 2014-2020 (EEAG) require Member States to implement technology-neutral auctions as part of their renewable energy support schemes. However, the reality looks quite different, write Bastian Lotz and Silvana Tiedemann from Navigant (a Guidehouse company), Lars Jerrentrup of Aurora Energy Research, and Lion Hirth from Neon. Most Member States continue to use technology-specific auctions, using … [Read more...]

Filed Under: Energy, EU Policy, Renewables Tagged With: auctions, EEAG, EU, policies, renewables, support

The EU can support Central and East Europe’s transition

February 5, 2020 by Felix Heilmann, Rebekka Popp and Ada Ámon

Six Central and East European nations, heavily dependent on coal, have been very cautious about the pace of the EU’s transition. For them - Bulgaria, Czechia, Hungary, Poland, Romania and Slovakia - the political and economic disruption looks far harder to bear. E3G has just released a report that suggests this picture can change. The report’s authors – Felix Heilmann, Rebekka Popp and Ada Ámon – explain that coal is becoming less profitable, … [Read more...]

Filed Under: Energy, Policies Tagged With: Bulgaria, coal, Czechia, EU, gas, GreenDeal, grids, Hungary, JustTransition, Nuclear, Poland, renewables, Romania, Russia, Slovakia

EU pathway to 3m EV charge points by 2030

January 15, 2020 by Nico Muzi

Right now the EU has around 185,000 public charge points, which is enough for today’s market (seven cars for each point). The current policy scenario targets 33m electric cars by 2030 (44m for climate neutrality). Transport & Environment’s Nico Muzi summarises their latest report that plots their ambitious pathway. It’s driven by the forceful idea of a European ‘right to plug’, and enabled by their new Public Charging Supply metric, using a … [Read more...]

Filed Under: Energy, Transport and energy Tagged With: buildings, EU, EVs, grids, infrastructure, JustTransition, policies, transport

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        Recent Posts

        Could big U.S. subsidies for Hydrogen create perverse incentives, raise emissions?

        Belgium: commercially viable Rooftop Solar for social housing. No installation subsidies, lower bills

        Concrete supercapacitor: works like a battery, much cheaper, easy to make

        Agrivoltaics: GWs of solar power from farmland using strategically placed panels (and raising crop yields)

        Industry’s EU ETS reforms and CBAM: how firms can turn the rising cost of carbon into competitive advantage

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