FSR

In this episode we spoke to Yan Qin, Lead Carbon Analyst at the London Stock Exchange Group LSEG. We discuss recent trends and drivers of EU carbon prices, interactions between gas and carbon prices and price trends in the Chinese national ETS. The interview was led by Marie Raude and Lea Heinrich, Research Associates at the Climate Team of the Florence School of Regulation. This podcast was recorded in Florence during the EUI Climate Week 2024.

"The fifth instalment of the ‘FSR Policy Briefcase’ explores the why, when, and how of carbon capture utilisation and storage (CCUS) in Europe. For this episode, regular hosts Leonardo Meeus and James Kneebone are joined by part-time Professor of FSR Christopher Jones. The conversation builds on the recent publication of Christopher's Policy Brief on this subject, linked below. CCUS technology and infrastructure has the highest value-add in the period during which Europe is still transitioning from fossil value chains to fully decarbonised value chains. For this reason, it needs to be deployed quickly, often retrofitted to existing industrial facilities. Christopher's Policy Brief presents a tentative vision for how a regulatory framework could be establsihed in time to maximise the effectiveness of CCUS technologies. See below for a link to the original Policy Brief https://cadmus.eui.eu/handle/1814/76181;jsessionid=9E2F6DCA9B2A1A82BF25195BD7A0034B"

The fourth instalment of the ‘FSR Policy Briefcase’ explores the subject of methane emissions, specifically the establishment of a Methane Regulation in the EU, as well as the increasing attention methane is receiving in the maritime sector, both maritime fuel emissions and leakages from LNG shipments. For this episode, regular hosts Leonardo Meeus and James Kneebone are joined by Andris Piebalgs of FSR and Maria Olczak of the Oxford Institute for Energy Studies (OIES), the conversation builds on the pair's recent publication of a Policy Brief on this subject. In a wide-reaching episode, the group discuss the extent of the methane emissions problem and why it has gained so much attention in recent years, the landmark inclusion of methane under the EU ETS, the complexity of regulating in an international sector like maritime, as well as some of the measurement technology used to ensure accountability. See below for a link to the original Policy Brief https://www.oxfordenergy.org/publications/the-decarbonisation-of-maritime-transport-navigating-between-a-global-and-eu-approach/

The third instalment of the ‘FSR Policy Briefcase’ explores European industrial policy following the energy crisis of 2021/22, specifically the role of clean hydrogen in the protection and continuation of existing energy-intensive industrial sectors as well as in generating new, clean industrial growth. For this episode, regular hosts Leonardo Meeus and James Kneebone are joined by Ilaria Conti of FSR and Jan Cornillie of the EUI's School of Transnational Governance (STG). The conversation builds on the recent publication of a Policy Brief on this subject, written by Jan, James, Ilaria, and Jos Delbeke. In a wide-reaching episode, the group discuss the state of play with the hydrogen sector in 2024, including the economic conditions, project-level progress, regulatory status, and the importance of capturing the intersectional and nuanced 'value' of clean hydrogen as not only a clean energy vector but also a vector for industrial transformation. See below for a link to the original Policy Brief https://cadmus.eui.eu/handle/1814/76564

The second instalment of the ‘FSR Policy Briefcase’ with Ellen Beckstedde and Emma Menegatti is a detailed discussion on the energy crisis of 2021/2022. Regular hosts Leonardo Meeus and James Kneebone are joined by electricity market experts Ellen Beckstedde and Emma Menegatti, both Research Associates at the Florence School of Regulation. The conversation covers the context and conditions that created the energy crisis in the first place, the various policy responses at EU and Member State level, as well as the proposed changes to the electricity market design aimed at safeguarding against future crises. Emma and Ellen also answer some listener questions and reflect on a few key outstanding issues for the electricity sector going forward. For more info on FSR's views on policy interventions during the energy crisis, see the links below https://cadmus.eui.eu/handle/1814/75089 https://cadmus.eui.eu/handle/1814/75580

In this episode we speak to Sanjay Patnaik, Director of the Center on Regulation and Markets (CRM), Bernard L. Schwartz Chair in Economic Policy Development, and Senior Fellow in Economic Studies at Brookings. We discuss the impact of the U.S. Inflation Reduction Act, opportunities for joint climate action between the U.S. and the EU, and the impact of climate policy on firm behaviour. The interview was led by Marie Raude and Lea Heinrich, Research Associates at the Climate Team of the Florence School of Regulation.

The first installment of the ‘FSR Policy Briefcase’ features the recent flagship Policy Brief ‘Energy policy ideas for the next European Commission: from targets to investments’ written by some of the most senior researchers at the Florence School of Regulation. Lead author and FSR Director Leonardo Meeus joined Research Associate James Kneebone for a wide-ranging conversation on some of the key ideas in the paper, as well as to reflect on some of the feedback already received. For more information, see the full paper ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ https://cadmus.eui.eu/handle/1814/75989 Date of recording 24.01.2024

In this podcast episode, we speak to Professor Ignacio Perez-Arriaga, Interim-Director of the African School of Regulation, and Professor Simone Borghesi, Director of the Florence School of Regulation - Climate, about their expectations and assessments of the COP. Live from Dubai they share with us their main highlights and takeaways from the first days of the conference. https://fsr.eui.eu/the-fsr-at-cop28-live-updates/ This podcast episode is an initiative of the African School of Regulation and the Florence School of Regulation. The interview was led by Chiara Canestrini, Lea Heinrich and Zita Ohikere.

In this FSR Podcast, Research Associate James Kneebone is joined by Johanna Schiele of DG CLIMA to discuss the recently launched 'European Hydrogen Bank' auction and the European Commission's approach to hydrogen financing moving forwards. Johanna is an auction design expert, and was instrumental in designing and implementing the European Hydrogen Bank, the first EU-wide auctions for renewable hydrogen production, financed via the Innovation Fund. Previous to joining the Commission, Johanna worked in the power sector and as a researcher on auctions and clean tech funding. She holds a BA from Oxford University and an MPA from Harvard University. Learn more about the European Hydrogen Bank https://ec.europa.eu/commission/presscorner/detail/en/IP_23_5982 Submit a bid for the auction https://ec.europa.eu/info/funding-tenders/opportunities/portal/screen/programmes/innovfund

In this podcast we interviewed Hannah Lewis, Head of Policy for the UK Emissions Trading Scheme, and Sam Reed, Head of Scope Expansion for the UK Emissions Trading Scheme at the UK Department for Energy Security and Net Zero. In this interview we ask our guests about the latest developments in the UK emissions trading system as well as about its potential for future evolution. The interview was led by Marie Raude and Lea Heinrich, Research Associates at the Climate Team of the Florence School of Regulation.

Tune in to our latest podcast episode featuring Marzia Sesini, a Senior Research Associate at the Florence School of Regulation, as she discusses her recent article, "A Bumpy Road to Solidarity: Existing and New Complexities." In this insightful interview, led by Andris Piebalgs, they delve into the vital role of solidarity within the energy sector. They reflect on the challenges posed by an unparalleled energy crisis and examine the necessary adjustments to fortify EU solidarity arrangements.

In this podcast we interviewed Suzana Carp, Deputy Executive Director of Cleantech for Europe. In the interview we ask Suzana about the impact of the EU ETS on investments in clean technologies and the implications of the much-debated Carbon Border Adjustment Mechanism for the clean technology industry. The interview was led by Marie Raude and Lea Heinrich, Research Associates at the Climate Team of the Florence School of Regulation.

In this podcast we interviewed Prof. Ottmar Edenhofer, Professor of the Economics of Climate Change at the Technical University of Berlin, Director of the Potsdam Institute for Climate Impact Research (PIK), and Director of the Mercator Research Institute on Global Commons and Climate Change in Berlin (MCC). In this interview we ask Prof. Edenhofer about the social implications of the EU ETS II and about the Social Climate Fund. One take-away is that using the ETS revenues for social compensation will be key to sustain public support for carbon pricing. The interview was led by Marie Raude and Lea Heinrich, Research Associates at the Climate Team of the Florence School of Regulation.

In this podcast, we asked Vassilis Sakas and Konstantinos Kotsalo (European Dynamics), what has already been achieved with Work Package 6, the main challenges faced, the main requirements they have identified for the decentralized middleware layer, and what solutions have been adopted to develop it. The overall objective of this WP is to set the basis of the work to be done in the ONENET proposal. That is to say, it will look back to the market solutions and digital platforms presented so far in the EU pilot projects, revisit European policy frameworks, summarize their contributions and benefits, and build on this information to sketch the new products and business use cases proposed in the ONENET approach. These products and business use cases will engage strongly the consumers in order to maximize the flexibility resources that the grid operators can use to meet the clean energy challenges. The differences among EU markets will be reviewed and specific priorities for KPIs, Scalability and Replicability of Onenet solutions will be devised in order to enable the pan-EU integration of these new services and products digitally procured for system operation. Read more about OneNet project: https://onenet-project.eu/

In this podcast, we interviewed Stefano De Clara, Head of Secretariat at the International Carbon Action Partnership (ICAP). ICAP is an international forum for governments and public authorities that have implemented or are planning to implement emissions trading systems (ETS). Every year ICAP publishes a Status Report describing the latest developments in emissions trading around the world and in this episode, we speak about the latest Status Report of 2023. One key take-away is that carbon markets have shown much resilience in the past year, despite the global energy crisis. The interview was led by Marie Raude and Lea Heinrich, Research Associates at the Climate Team of the Florence School of Regulation.

One year after the first episode with Milan Elkerbout from CEPS (see link below), this new episode continues the discussion with him. The interview focuses on the reform of the European Union Emissions Trading System (EU ETS) agreed upon by the European Parliament and the Council in December 2022 and the extent to which the energy crisis and the high carbon prices affected the political deal reached. Milan Elkerbout (CEPS) works as a Research Fellow and Head of the climate policy programme at CEPS, a think tank in Brussels. His research focuses on EU climate policy, particularly the EU ETS. Albert Ferrari, a Research Associate at FSR Climate, interviewed him. The two questions covered in the podcast are: - the most significant changes in the reform of the EU emissions trading system in the Fit for 55 Package; - the growing concern about carbon prices' distributional impacts and acceptability and how to tackle this issue. More info: - Elkerbout M. (2021), A tale of two prices: What higher energy costs and the ETS price mean for a just transition, CEPS Policy Insights n°2021-13: https://www.ceps.eu/wp-content/uploads/2021/09/PI2021-13_Energy-costs-and-ETS-price.pdf - What role for the EU ETS in the European Green Deal? | Milan Elkerbout (CEPS); Podcast episode Spot on Climate https://soundcloud.com/fsregulation-energy-and-climate/what-role-for-the-eu-ets-in-the-european-green-deal-milan-elkerbout-ceps - Project LIFE COASE: https://fsr.eui.eu/life-coase-project/

In this FSR Podcast, research associate James Kneebone is joined by Ronnie Belmans for a deep dive on some of the nuanced issues surrounding the integration of 'clean molecules' into the EU's energy system. Ronnie has more than 40 years of experience in the energy sector, including as a professor at KU Leuven, co-founder and former CEO of EnergyVille as well as advisor here to the Florence School of Regulation. He was also chair of the board for Elia and the Flemish energy regulator. Ronnie’s work focuses on techno-economical aspects of power systems, electrical energy and regulatory affairs, as well as smart grids, and security of energy supply. In this wide-ranging conversation, James and Ronnie discuss everything from the difference between renewable hydrogen as an end in itself and the finished products we need it to produce, to the relationship between electrification and bioenergy. Ronnie also reflects on the tension between the economic and industrial imperative to push for the scale-up of a clean tech sector and the implications for the cost and sustainability of our energy system. Finally, the pair look at some of the social and planning implications of the build-out of large-scale clean molecule value chains, including the issue of 'NIMBY' and even 'NUMBYism', as well as the potential health and safety risks associated with storing and handling millions of tonnes of often poisonous and volatile products." If you want to learn more about the "clean molecules" visit: https://fsr.eui.eu/course/clean-molecules-for-the-energy-transition/

In this podcast, Andris Piebalgs (FSR) interviews Andrei Belyi (University of Eastern Finland) the author of the article: "Gazprom's gas exit".

In this podcast, Carlos Batlle (FSR Part-time Professor and Visiting Scientist at MIT) explores what a just energy transition in the EU means. This podcast is part of the EU Green Deal online course – 2022 edition. To learn more about the course, please visit: https://fsr.eui.eu/course/the-eu-green-deal/ The next edition is taking place on 18 April - 4 July 2023

The energy transition requires a more flexible electricity system in terms of energy production and consumption. One of the most relevant challenges of the transition is the increase in computational costs for system management. To keep the system balanced, system operators have to forecast and manage an increasing share of energy production from variable energy sources. The role of demand-side flexibility will also play an increasing role. In this podcast, Luciana Marques (VITO) and Daniele Stampatori (EUI) explore the importance of computational tools to face these emerging challenges and opportunities. Read more about OneNet project: https://onenet-project.eu/