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Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent

February 6, 2023 by Simon Göss

A fortnight ago we published Simon Göss’s explainer of the big changes happening to the EU’s Emissions Trading Scheme (ETS). That article covered the new rules coming in for the existing EU ETS, and the implementation of the new carbon border adjustment mechanism (CBAM). This article explains the introduction of an EU ETS II that extends emissions trading to the buildings sector, road transport and the usage of fuels in other, as of now not … [Read more...]

Filed Under: Energy, Markets, Policies Tagged With: budgets, buildings, emissions, ETS, EU, EUETS, fuels, InnovationFund, ModernisationFund, revenues, roads, SocialClimateFund, transport

Can the Czech Republic revive its clean energy ambitions?

November 1, 2022 by Modern Energy Union

Although an early enthusiast for solar in 2009 the Czech Republic’s clean energy ambitions stalled. The share of green electricity was only 12% last year, with solar contributing 3% and wind just 1%. The current government is now reviving the nation’s drive towards carbon-free energy. Will new Czech policies along with EU initiatives like REPowerEU, the Green Deal and the Modernisation Fund successfully breathe new life into the Czech transition? … [Read more...]

Filed Under: Energy, Promoted content, Renewables Tagged With: Czech, electricity, GreenDeal, ModernisationFund, PlasmaGasification, power, REPowerEU, solar, syngas, transition, wind

Fit for 55: Does squeeze on gas make coal exit harder? Event summary + video

May 26, 2021 by Matthew James

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...]

Filed Under: Energy, Events, Expert Panel Tagged With: biomass, CarbonPrice, CEE, coal, Czechia, EEAG, EU, EUETS, gas, Germany, grids, Hungary, jobs, lignite, MMF, ModernisationFund, NRRP, Nuclear, Poland, Slovakia, spain, UK

Coal exit: EU policy revisions must face both tech and socioeconomic obstacles

April 20, 2021 by Pieter de Pous

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...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: CarbonPrice, CEE, coal, Czechia, EEAG, EU, EUETS, Germany, grids, Hungary, lignite, ModernisationFund, Poland, Slovakia, spain, UK

“The Role of the EU ETS in Decarbonisation to 2030” [written summary of the panel discussion]

March 26, 2021 by Sara Stefanini

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...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: CarbonPrice, coal, EUETS, lignite, ModernisationFund, PGE, Poland, renewables, solar, wind

“The Role of the EU ETS in Decarbonisation to 2030” [Energy Post event video]

March 26, 2021 by Arasan Aruliah

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...]

Filed Under: Energy, Oil, Gas & Coal, Videos Tagged With: CarbonPrice, coal, EUETS, lignite, ModernisationFund, PGE, Poland, renewables, solar, wind

An EU ETS that lifts carbon prices too high can make clean energy transitions harder

March 17, 2021 by Wanda Buk

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...]

Filed Under: Energy, Oil, Gas & Coal, Policies Tagged With: buildings, CarbonPrice, coal, decarbonisation, EUETS, investment, lignite, ModernisationFund, Poland, transport

Most read this week

  • Critical Minerals: will there be enough to meet the 2050 net-zero emissions target? by Lilly Yejin Lee | posted on March 14, 2023
  • U.S. IRA: what can Europe do to stop its firms relocating to America? by Charles Wessner | posted on March 17, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Germany: does the LNG infrastructure build-up deliver energy security or go too far? by Julian Wettengel | posted on March 13, 2023
  • Blending Hydrogen into the gas network: the challenges of pipeline fractures, faster flow rate + more by NREL | posted on March 10, 2023
  • Fulfilling U.S. wind and solar ambitions will use under 1% of its land (that’s less than the fossil fuel footprint) by Steve Clemmer | posted on March 16, 2023
  • What is the future of Woody Biomass in the EU energy mix? by Simon Göss | posted on March 21, 2023
  • Analysis: U.S. IRA subsidies put two-thirds of Europe’s battery production pipeline at risk by Transport & Environment | posted on March 9, 2023
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Buildings “Energy Performance Certificates”: piloting new tools to ramp up renovations by Patricia Contreras Tejada | posted on March 20, 2023
  • EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more by Alex Schmitt | posted on December 6, 2022
  • Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent by Simon Göss | posted on February 6, 2023
  • Hydrogen’s innovation pipeline: signals strong ahead of World Hydrogen Summit in Rotterdam, May 9-11, 2023 by Ian Shine | posted on March 21, 2023
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021
  • “Combustion” can make cathodes for lithium-ion batteries more cheaply, quicker, using less energy by Nancy Stauffer | posted on March 15, 2023
  • Germany is developing a strategy for Carbon Capture and Storage to meet its 2045 net zero target by Simon Göss | posted on February 23, 2023
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  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • Electricity Market Design: how can reforms accelerate the transition and help cut energy prices? by Simon Göss | posted on February 13, 2023

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      Recent Posts

      What is the future of Woody Biomass in the EU energy mix?

      Silicon Valley Bank failed. Don’t blame the Climate Tech it backed

      Hydrogen’s innovation pipeline: signals strong ahead of World Hydrogen Summit in Rotterdam, May 9-11, 2023

      Buildings “Energy Performance Certificates”: piloting new tools to ramp up renovations

      U.S. IRA: what can Europe do to stop its firms relocating to America?

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