Georg Zachmann headshot 2023

Georg Zachmann

Bruegel Senior Fellow

Georg Zachmann is a Senior Fellow at Bruegel, where he has worked since 2009 on energy and climate policy. His work focuses on regional and distributional impacts of decarbonisation, the analysis and design of carbon, gas and electricity markets, and EU energy and climate policies. Previously, he worked at the German Ministry of Finance, the German Institute for Economic Research in Berlin, the energy think tank LARSEN in Paris, and the policy consultancy Berlin Economics.

Disclosure of interests

Declaration of interests 2023

Declaration of interests 2021

Declaration of interests 2019

Declaration of interests 2018

Declaration of interests 2017

Declaration of interests 2016

Declaration of interests 2015

Declaration of interests 2014

Declaration of interests 2013

Declaration of interests 2012

Featured work

Book

Sparking Europe’s new industrial revolution: A policy for net zero, growth and resilience

This book assesses what must be done to implement industrial policy in a way that will achieve overarching goals while minimising distortions.

Philippe Aghion, Ketan Ahuja, Chad P. Bown, Uwe Cantner, Chiara Criscuolo, Antoine Dechezleprêtre, Mathias Dewatripont, Ricardo Hausmann, Guy Lalanne, Ben McWilliams, Dani Rodrik, Simone Tagliapietra, Alessio Terzi, Cecilia Trasi, Laura Tyson, Reinhilde Veugelers, Georg Zachmann and John Zysman
Opinion piece

Europe must now strike a deal on energy prices

Europe must move beyond blocking agreement on a coordinated solution and undermining EU unity in the face of Russian aggression.

Simone Tagliapietra, Georg Zachmann and Jeromin Zettelmeyer
Report

How it can be done

What would be the economic consequences of a complete halt to Russian gas imports?

Rüdiger Bachmann, David Baqaee, Christian Bayer, Moritz Kuhn, Andreas Löschel, Ben McWilliams, Benjamin Moll, Andreas Peichl, Karen Pittel, Moritz Schularick and Georg Zachmann
Policy Brief

How to make the EU Energy Platform an effective emergency tool

The platform could become an effective emergency tool to safeguard Europe’s gas supply, but policymakers need to address challenges to make it work.

Walter Boltz, Klaus-Dieter Borchardt, Thierry Deschuyteneer, Leigh Hancher, François Lévêque, Jean Pisani-Ferry, Ben McWilliams, Axel Ockenfels, Simone Tagliapietra and Georg Zachmann
Podcast

An embargo on (most) Russian oil

A timely reflection on the EU’s latest round of sanctions banning Russian oil imports.

Luis Garicano, Giuseppe Porcaro, Simone Tagliapietra and Georg Zachmann
Book

Greening Europe’s post-COVID-19 recovery

This Blueprint includes some of the Group’s most prominent voices on the different aspects of the multidimensional issue of green recovery.

Jean Pisani-Ferry, Georg Zachmann, Guntram B. Wolff, Laurence Boone, Simone Tagliapietra, Ottmar Edenhofer, Thomas Wieser, Ian Parry, Antoine Dechezleprêtre, Klaas Lenaerts, Robert Stavins, Mirjam Kosch, Michael Pahle, Laurence Tubiana, Sabine Mauderer and Tomasz Koźluk
Book

Instruments of a strategic foreign economic policy

Study for the German Federal Foreign Office produced by Bruegel, the Kiel Institute for the World Economy and DIW Berlin.

Georg Zachmann, Guntram B. Wolff, Marcel Fratzscher, Kerstin Bernoth, Gabriel Felbermayr, Niclas Poitiers, Alexander Sandkamp, Mia Hoffmann, Pauline Weil, Katrin Kamin, Malte Rieth, Jacqueline Dombrowski and Sebastian Horn
External publication

Perspective of comprehensive and comprehensible multi-model energy and climate science in Europe

A comprehensive and comprehensible multi-model framework offers a real example of “collective” science diplomacy, as an instrument to further support

Georg Zachmann, Haris Doukas, Ajay Gambhir, Dirk-Jan van de Ven, Alexandros Nikas, Glen Peters, Mikel Gonzalez-Eguino, Evelina Trutnevyte, Konstantinos Koasidis, Henrik Lund, Jakob Zinck Thellufsen, Didier Mayer, Luis Javier Miguel, Noelia Ferreras Alonso, Ida Sognnæs, Enzo Colombo, Mark Howells, Adam D. Hawkes, Machteld Van Den Broek and Alexandros Flamos
Blog post

Lessons learned from the electricity tracker

Since the beginning of the COVID-19 crisis, Bruegel’s new tool has gauged the impact of the crisis on economic activity by tracking changes in electri

Georg Zachmann and Ben McWilliams
Podcast

The EU-Russia-China energy triangle

Russia wants to export more gas to China, should the EU be concerned? This week, Nicholas Barrett is joined by Georg Zachmann to discuss the EU-Russia

Nicholas Barrett and Georg Zachmann
Opinion piece

Schaut in die Region!

Die deutsche Industriepolitik folgt bisher keiner klaren Strategie, sondern ist von Unternehmensinteressen getrieben. Das ist der falsche Weg.

Georg Zachmann
Event

Bruegel Annual Meetings 2019

Bruegel's 2019 Annual Meetings will be held on 4-5 September and feature the launch of Bruegel's Memos to the New European Commission.

Book

Remaking Europe: the new manufacturing as an engine for growth

Europe needs to know how it can realise the potential for industrial rejuvenation. How well are European firms responding to the new opportunities for

Dalia Marin, Reinhilde Veugelers, Carlo Altomonte, Georg Zachmann, Silvia Merler, Simone Tagliapietra, J. Scott Marcus, Uuriintuya Batsaikhan, Georgios Petropoulos, Albert Bravo-Biosca, Justine Feliu, Robert Kalcik, Filippo Biondi, Valeria Negri, Maciej Bukowski and John Morales
Opinion piece

Nord Stream 2 can wait

Gazprom is pushing ahead with plans to build a second gas pipeline under the Baltic sea, straight form Russia to Germany. Supporters claim that Ukrain

Georg Zachmann
Blog post

Is the oil price-GDP link broken?

Oil prices fell to a 12-year low at the beginning of 2016. We find that the drop in the past two years was primarily driven by expectations. In fact,

Georg Zachmann and Domenico Favoino Favoino
Event

Re-powering electricity markets

Europe talks a lot about energy market reforms, but what is the global context? Which measures would be most effective in delivering the kind of energ

Blog post

The Russian pipeline waltz

This is an eventful period for EU-Russia gas relations. Six months ago Russian President Vladimir Putin surprised the energy world by dismissing the l

Georg Zachmann and Simone Tagliapietra
Blog post

A European gas market for everyone

The European energy landscape has changed markedly in 2014. Now the EU must rethink its relationship over gas with Russia and Ukraine.

Georg Zachmann and Agata Łoskot-Strachota
Blog post

Eastern promises: The IMF-Ukraine bailout

Ukraine is in a dire economic situation. In 2013, its twin deficits – which have persisted for several years – reached a new record. The budget defici

Georg Zachmann
Video

Bruegel year in review - 2013

Jean Pisani-Ferry, André Sapir, Zsolt Darvas, Reinhilde Veugelers, Georg Zachmann, Guntram B. Wolff, Karen Wilson, Mario Mariniello and Suparna Karmakar
Blog post

Empirics of energy competitiveness

The loss of competitiveness because of elevated energy costs is concentrated in a limited number of sectors. The cost of subsidising energy-intensive

Georg Zachmann
Book

EU-Korea Economic Exchange

Articles published during the Bruegel/Korea Institute of Finance project on ‘EU-Korea policy responses to the global financial and economic crisis and

Jean Pisani-Ferry, Nicolas Véron, Zsolt Darvas, Reinhilde Veugelers, Georg Zachmann, Shahin Vallée and Mario Mariniello
Blog post

Eine schwierige Beziehung

Bruegel-Forscher Georg Zachmann zu politischen und ökonomischen Hintergründe des Streits zwischen EU und Gazprom

Georg Zachmann
Policy Brief

How wide is the Mediterrenean?

This Policy Contribution provides up-to-date evidence of the strong heterogeneity in the relationships between the five biggest EU economies with the

Georg Zachmann