On May 18, 2021, Energy Post hosted an expert panel with the European Commission, E3G, CERRE and PKEE (the Polish Electricity Association, who also sponsored the discussion). It looked at some of the key EU support mechanisms offered to countries/companies transitioning away from coal, including the EU ETS' Modernisation Fund, the Just Transition Fund  and also how State Aid Guidelines (EEAG) contribute. We asked Stefaan Vergote (Senior Advisor … [Read more...]
Coal exit: EU policy revisions must face both tech and socioeconomic obstacles
By 2030, the EU must cut its emissions by at least 55% compared to 1990 levels. Agreeing on the target was hard enough. Much harder will be agreeing on the design of the rules, regulations and financial support needed to achieve it. Pieter de Pous at E3G scopes out the major decline already experienced by coal - the worst emitting energy source - before looking at the challenges faced by heavy coal users in Central and Eastern Europe (CEE). The … [Read more...]
“The Role of the EU ETS in Decarbonisation to 2030” [written summary of the panel discussion]
Here you can read a summary of the online discussion from March 19th 2021 on the current debate over the review of the EU ETS. The full video is available here. Of primary concern for fossil-dependent lower income nations is the carbon price rising so high that it reduces available budget for investment in clean energy. If that happens there’s clearly a problem. The counter argument is that there are other funding mechanisms available, and more … [Read more...]
“The Role of the EU ETS in Decarbonisation to 2030” [Energy Post event video]
Here you can watch our video of the online discussion from March 19th 2021 on the current debate over the review of the EU ETS. Of primary concern for fossil-dependent lower income nations is the carbon price rising so high that it reduces available budget for investment in clean energy. If that happens there’s clearly a problem. The counter argument is that there are other funding mechanisms available, and more than one pathway for successful … [Read more...]
An EU ETS that lifts carbon prices too high can make clean energy transitions harder
This coming Friday 19th March, 11.00 to 12.30 CET, we have an online panel discussion plus audience Q&A on "The Role of the EU ETS in Decarbonisation to 2030". All are invited. We will dig into how the EU ETS is being shaped to ensure it meets its primary objective, the decarbonisation of Europe. To help set it up, Wanda Buk, Vice-President for Regulatory Affairs at PGE Group answers questions that are being asked of Poland’s position and its … [Read more...]
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