Instruments for the Energy Transition

The European Commission has just issued its proposal for energy and climate goals for 2030. They foresee a decarbonisation largely driven by the Emission Trading System, with an EU-wide renewables target. In the event we would like to discuss the role of multiple instruments in a cost-effective and resilient transition. Based on his new book Planetary Economics, Prof Michael Grubb (U Camb, Ofgem) will present an 'Integrating approach to energy/climate policy' that rests on three pillars (i) Standards and Engagement, (ii) Markets and Pricing and (iii) Strategic investment. Prof. Grubb argues that without sufficient attention to all three pillars, and their interactions, transition is bound to fail.

Dominique Ristori, Director General at DG Energy, will discuss the role and interplay of instruments that should enable the long-term decarbonisation strategy of the European Union. This shall kick-off a discussion on the panel and with the floor on an appropriate mix of instruments.

Speakers

• Michael Grubb, University of Cambridge, Ofgem
• Discussant: Dominique Ristori, Director General at DG Energy
• Chair: Georg Zachmann, Research Fellow at Bruegel

Event materials

Presentation by Michael Grubb Download

Practical details

• Venue: Bruegel, Rue de la Charité 33, 1210 Bruxelles
• Time: 27 February 2013, 12:30 - 14:00. Lunch will be served at the end of the event.
• Contact: matilda.sevon[at]bruegel.org