Sinking to Zero
The updated EU long-term climate strategy with its net-zero emissions objective and the IPCC’s Special Report on the 1.5°C target prompt a renewed strategic look at negative emissions and carbon capture. Reaching net-zero greenhouse gas emissions requires more carbon sinks and other approaches to remove CO2 from the atmosphere. Furthermore, it will also require carbon […]
Composition and drivers of energy prices and costs in energy intensive industries
CEPS led a major study commissioned by the European Commission on the composition and drivers of energy prices and costs in energy intensive industries. Based on data collected from 189 plants over a 10-year period (2008-2017), the study shows energy prices and costs borne by EU producers operating in 11 energy intensive subsectors: bricks and roof […]
Five myths about an EU ETS carbon price floor
This policy insight outlines different perspectives on the past performance of the EU Emissions Trading System (ETS) in terms of its allowance price, analyses how the recent reform responded to related challenges , and considers the case for introducing a carbon price floor in the EU ETS. The main part of the paper identifies five […]
The European Battery Alliance
This contribution offers some insights into the strategy adopted by the European Battery Alliance, which was launched in 2017, and the challenges it faces before the review of the Clean Mobility Package is published. Author: Aurélie Faure-Schuyer On 11 October 2017, Vice President for Energy Union Maroš Šef?ovi? launched the European Battery Alliance (EBA), aiming to […]
Transforming Energy-Intensive Industries: Reflections on innovation, investment and finance challenges
The clean energy transition – necessitated by the Paris Agreement and implemented in the EU through the Energy Union strategy – is changing the industrial landscape in Europe. Viewed through the lens of competitiveness, this transition brings about threats as well as opportunities. This transition also leads to increased integration and linkages between climate and […]