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Jan 16, 2025 | 
bruegel.org | Georg Zachmann |Ben McWilliams |Ugnė Keliauskaitė |Giovanni Sgaravatti
Electrification is at the heart of the EU’s agenda as it works towards deep decarbonisation and economic competitiveness. However, electricity demand has remained stagnant, representing less than a quarter of final energy demand. To meet ambitious goals, the EU must electrify sectors like transport, heating, and industry. Key policies are under discussion, including the Electrification Action Plan and the proposed Electrification Bank to support industrial projects.
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Dec 11, 2024 | 
bruegel.org | Jean Pisani-Ferry |Simone Tagliapietra |Ugnė Keliauskaitė |Ben McWilliams
The crisis at Northvolt, a Swedish battery maker that in November filed for Chapter 11 protection against creditors in the United States, is a warning for the European Union over the future direction of its industrial policy. After its founding in 2017, Northvolt – a partner in the flagship EU industrial policy initiative the European Battery Alliance – became a symbol of the EU’s clean-tech ambitions and its goal of creating a competitive, homegrown battery value chain.
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Dec 5, 2024 | 
bruegel.org | Georg Zachmann |Simone Tagliapietra |Ben McWilliams |Ugnė Keliauskaitė
The international process for coordinating the fight against global warming is in trouble. The United States is likely to withdraw again from the Paris Agreement on climate change, pushing multilateralism and the rules-based order deeper into crisis. Global emissions continue to rise. Developed countries are more directly feeling the short-term cost of decarbonisation policies. The main hope remains technology that cuts the cost of decarbonisation, making compromise easier.
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Nov 25, 2024 | 
bruegel.org | Georg Zachmann |Ben McWilliams |Ugnė Keliauskaitė |Giovanni Sgaravatti
The author is grateful for earlier comments on this draft to Ignacio Garcia Bercero, Stephen Gardner, Conall Heussaff,Philipp Jäger, Ben McWilliams, Lucio Pench, Simone Tagliapietra, Pierre Wunsch and Georg Zachmann. One consequence of a major reform of the European Union’s emissions trading system in 2023 is that energy-intensive industries (EIIs) will ultimately be exposed fully to carbon pricing.
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Oct 17, 2024 | 
bruegel.org | Ugnė Keliauskaitė |Georg Zachmann |Ben McWilliams |Giovanni Sgaravatti
On 1 January 2025, a major contract governing the transit of Russian gas through Ukraine will end, with significant implications for remaining Russian gas exports to some European Union countries.
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Jul 24, 2024 | 
bruegel.org | Ugnė Keliauskaitė |Ben McWilliams
By 2030, the European Union must reduce emissions from the heating and cooling of buildings – responsible for 13 percent of EU emissions – by the equivalent of the annual emissions of Slovakia. In this episode of The Sound of Economics, Rebecca Christie sits down with Michael Pahle, Marion Santini and Giovanni Sgaravatti to discuss how greener buildings can play contribute to Europe’s decarbonisation efforts.
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Jul 19, 2024 | 
bruegel.org | Georg Zachmann |Ben McWilliams |Ugnė Keliauskaitė |Giovanni Sgaravatti
Giovanni gave a testimony to the public hearing of the Section for Economic and Monetary Union and Economic and Social Cohesion (ECO) of the European Economic and Social Committee (EESC) on 18 July 2024. LanguageEnglishDatasetThis dataset aggregates daily data on European natural gas import flows and storage levels.
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Jul 15, 2024 | 
bruegel.org | Simone Tagliapietra |Ben McWilliams |Ugnė Keliauskaitė
This is the first of a series of Bruegel-Rhodium Group quarterly briefings to compare clean tech deployment and manufacturing trends in Europe and the United States. Financial support from the Children's Investment Fund Foundation is gratefully acknowledged. The European Union and United States have both witnessed revivals of industrial policy focused on clean technology supply chains in the past couple of years.
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Jul 8, 2024 | 
euractiv.it | Ben McWilliams |Giovanni Sgaravatti |Simone Tagliapietra |Ugnė Keliauskaitė
Gli edifici e i trasporti sono i due settori più importanti da decarbonizzare per raggiungere gli obiettivi climatici dell’UE per il 2030. Tuttavia, sono anche quelli che hanno un impatto più diretto sui cittadini dell’UE nella loro vita quotidiana, poiché la scelta di intraprendere una ristrutturazione energetica o di acquistare un nuovo veicolo elettrico è una decisione che comporta un costo significativo.
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Jul 8, 2024 | 
bruegel.org | Ugnė Keliauskaitė |Ben McWilliams |Georg Zachmann
Meeting Europe’s 2030 climate targets will require massive clean-electricity investment. To facilitate these investments, state-backed de-risking schemes such as contracts for difference (CfDs) are needed. Their role in supporting renewables has been consolidated by the European Union’s recently agreed electricity market design reform. Under such state-backed schemes, the distribution of costs between the market and the state will depend on the balance of supply and demand.
