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Policy Contribution

Designing a new EU-Turkey strategic gas partnership

This Policy Contribution discusses what the EU and Turkey can expect from the establishment of a new strategic energy partnership. The authors focus on the Southern Gas Corridor, but also assess the impact of the Turkish Stream project.

By: and Date: July 1, 2015 Topic: Energy & Climate

• The European Commission’s February 2015 Energy Union Communication calls for intensified work on the Southern Gas Corridor (SGC) and the establishment of a new strategic energy partnership with Turkey. The presence of the European Union and Turkey in the region is complementary in a number of ways. Building on this could unlock the region’s gas export potential and make gas supplies to the EU and Turkey more secure.

• The EU should establish dedicated energy diplomacy taskforces with Turkey and each potential supplier in the region (Azerbaijan, Turkmenistan, Iran, Kurdistan Region of Iraq). This would allow the EU and Turkey to make use of their complementary diplomatic leverages to overcome barriers to regional gas trade.

• In parallel, the EU should establish with Turkey a dedicated financing mechanism to facilitate gas infrastructure investments, with a primary focus on the upgrade of the Turkish gas grid. The European Investment Bank might play a role in attracting private and institutional investors through its financing tools.

• The four ‘EU-Turkey Energy Diplomacy Taskforces’ and the ‘EU-Turkey Gas Infrastructure Financing Initiative’ would be initiatives of the recently started EU-Turkey Strategic High Level Energy Dialogue

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Podcast

Podcast

Exploding energy prices

Why the sudden spike in European electricity and gas prices?

By: The Sound of Economics Topic: Energy & Climate Date: September 23, 2021
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Blog Post

Is Europe’s gas and electricity price surge a one-off?

Surging natural gas prices in Europe, driven by rising demand and tight supply, are pushing up electricity prices; to prevent volatility, governments need to commit more clearly to a low-carbon future.

By: Simone Tagliapietra and Georg Zachmann Topic: Energy & Climate Date: September 13, 2021
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Opinion

EU climate plan should involve taxing pollution, not borders

Climate change and taxes may be some of the only true certainties in life. To protect ourselves better, we should make careful choices on how they interact.

By: Rebecca Christie Topic: Energy & Climate Date: September 6, 2021
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Blog Post

Hydrogen development strategies: a global perspective

Despite different strategies, the European Union, the United Kingdom, the United States, China and Japan all expect hydrogen to play a significant role in the decarbonisation of their economies by expanding its use in energy and transport systems.

By: Alicia García-Herrero, Simone Tagliapietra and Victor Vorsatz Topic: Energy & Climate Date: August 30, 2021
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Blog Post

Making sure green household investment pays off

Policies are needed to support green fuel switching by households; support should be phased out as the carbon price rises.

By: Ben McWilliams and Georg Zachmann Topic: Energy & Climate Date: July 19, 2021
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Blog Post

Vaccine diplomacy: soft power lessons from China and Russia?

The rocky start to the European Union’s vaccination rollout has allowed Moscow and Beijing to score political points in the Balkans and Central and Eastern Europe.

By: Michael Leigh Topic: European Macroeconomics & Governance, Global Economics & Governance Date: April 27, 2021
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Blog Post

How to extend carbon pricing beyond the comfort zone

Rapid emission cuts need a carbon price for the whole economy. This must be introduced in careful stages. 

By: Georg Zachmann Topic: Energy & Climate Date: April 1, 2021
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Policy Contribution

Navigating through hydrogen

Policymakers must address the need to displace carbon-intensive hydrogen with low-carbon hydrogen, and incentivise the uptake of hydrogen as a means to decarbonise sectors with hard-to-reduce emissions.

By: Ben McWilliams and Georg Zachmann Topic: Energy & Climate Date: April 1, 2021
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Past Event

Past Event

A new carbon pricing paradigm for the path to net zero

Which role carbon pricing could and should play in the future policy mix?

Speakers: Ottmar Edenhofer, Peter Liese, Sam Van den Plas, Beatriz Yordi Aguirre and Georg Zachmann Topic: Energy & Climate Date: March 9, 2021
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Policy Contribution

A whole-economy carbon price for Europe and how to get there

Putting carbon pricing at the centre of the EU climate policy architecture would provide major benefits. Obtaining these benefits requires a uniform, credible and durable carbon price – the economic first-best solution, however, several preconditions required to attain this solution are not yet met. This paper proposes a sequenced approach to ensure convergence of the policy mix on the first-best in the long run.

By: Ottmar Edenhofer, Mirjam Kosch, Michael Pahle and Georg Zachmann Topic: Energy & Climate Date: March 9, 2021
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Past Event

Past Event

Paris Reinforce: Central Asia and Caspian region Stakeholder Discussion Series #2

Second edition of the Paris Reinforce workshop with focus on Central Asian and Caspian (CAC) region.

Speakers: Gabriele Cassetti, Haris Doukas, Rocco De Miglio and Georg Zachmann Topic: Energy & Climate Date: March 2, 2021
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Past Event

Past Event

Paris Reinforce: Central Asia and Caspian region Stakeholder Discussion Series

New Paris Reinforce workshop with focus on Central Asian and Caspian (CAC) region.

Speakers: Gabriele Cassetti, Rocco De Miglio, Haris Doukas and Georg Zachmann Topic: Energy & Climate Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: December 9, 2020
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