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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: Green economy

• 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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By: The Sound of Economics Topic: Global economy and trade, Macroeconomic policy Date: January 26, 2022
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Where is Biden's climate policy?

A year after his inauguration, what has President Biden really achieved on climate?

Speakers: Samantha Gross, Dan Lashof, Michael Mehling and Simone Tagliapietra Topic: Green economy Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: January 25, 2022
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Policy Contribution

Decarbonisation of the energy system

Our analysis highlights that the current national energy and climate plans (NECPs) of EU countries are insufficient to achieve a cost-efficient pathway to EU-wide climate neutrality by 2050.

By: Georg Zachmann, Franziska Holz, Claudia Kemfert, Ben McWilliams, Frank Meissner, Alexander Roth and Robin Sogalla Topic: Green economy Date: January 13, 2022
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European governanceInclusive growth

12 Charts for 21

A selection of charts from Bruegel’s weekly newsletter, analysis of the year and what it meant for the economy in Europe and the world.

By: Hèctor Badenes, Henry Naylor, Giuseppe Porcaro and Yuyun Zhan Topic: Banking and capital markets, Digital economy and innovation, European governance, Global economy and trade, Green economy, Inclusive growth, Macroeconomic policy Date: December 21, 2021
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How serious is Europe’s natural gas storage shortfall?

Europe may not have enough natural gas in storage for the coming winter; close monitoring of the situation will be essential.

By: Georg Zachmann, Ben McWilliams and Giovanni Sgaravatti Topic: Green economy Date: December 21, 2021
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Opinion

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Policy focus should be on tackling uncertainties by being able to tackle as many scenarios as possible.

By: Maria Demertzis Topic: Macroeconomic policy Date: December 9, 2021
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Rising energy prices: European Union countries’ views on medium-term policies

Alongside short-term measures to shield consumers from rising energy prices, EU countries have set out their positions on medium-term measures to prevent recurrence. Here we summarise those positions.

By: Giovanni Sgaravatti, Simone Tagliapietra and Georg Zachmann Topic: Green economy Date: November 29, 2021
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A fireside conversation with Eni CEO Claudio Descalzi on decarbonisation.

Speakers: Claudio Descalzi and Guntram B. Wolff Topic: Green economy Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: November 29, 2021
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External Publication

European Parliament

Decarbonisation of energy

Determining a robust mix of energy carriers for a carbon-neutral EU

By: Ben McWilliams, Georg Zachmann, Franziska Holz, Alexander Roth, Robin Sogalla, Frank Meissner and Claudia Kemfert Topic: European Parliament, Green economy, Testimonies Date: November 22, 2021
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Keeping the energy policy triangle in balance is key to reach net-zero

Delivering policies that address energy security, competitiveness and sustainability is one of the most formidable challenges facing governments in the 21st century.

By: Simone Tagliapietra Topic: Green economy Date: November 9, 2021
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Energy transitions manifest themselves across space and time. While necessary targets for decarbonisation are apparent, the accompanying shifts in spatial organisation of economic activity are perhaps not as well understood.

By: Ben McWilliams and Georg Zachmann Topic: Green economy Date: November 8, 2021
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Opinion

The only quick-fix to Europe’s energy price crisis is saving energy

The only thing Europe can quickly do to prevent a potentially difficult winter is to actively promote energy conservation in both the residential and industrial sectors.

By: Simone Tagliapietra and Georg Zachmann Topic: Green economy Date: October 7, 2021
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