Bruegel - Improving economic policy’s Post

Prior to 2022, Russia accounted for over 40% of the EU’s natural gas supply. Last year the country's share fell to approximately 15%. To achieve this the EU significantly reduced its demand and replaced Russia with other suppliers. But, at what cost? And which sectors have reduced their demand the most. And how? I put these and other questions to Ben McWilliams, an economist in the field of Energy and Climate Policy. He is an affiliate fellow at the Brussels-based independent economic think tank Bruegel - Improving economic policy. https://lnkd.in/eqciurGx

🚀 The 2024 #InformalMinisterialCouncil meeting is underway in Banja Luka! Important pre-meeting statements from the European Commission, EU Presidency, Energy Community leaders, and the Energy Community Secretariat set the stage for today's discussions 👉 https://bit.ly/3W8RCBy Key topics on today's agenda include electricity market coupling, carbon pricing, and winter preparedness ❄ Stay tuned for more updates!

The Center for Energy Research and Policy is pushing the ERC to consider increasing the reserve power capacity of the grid in order to mitigate future power outages. READ MORE: https://lnkd.in/gkAeHuBe

ICYMI: AGA President and CEO Karen Harbert shared the message of an "all of the above" approach to the future of energy in the US at CERAWeek this week. "One of the things that unites all of us on this stage is that for us to meet the vision of America being competitive we need all of us. Whoever is elected, either at the federal level or the state level, none of us are going away - not now, not in 2050 ... all of the sources of energy on this stage are going to be here ... in either administration the essentiality of achieving all of this depends on us." Learn more about the impact of natural gas in communities across America today at: https://buff.ly/3mXV5UP

The 7th day of Christmas reminds us of our work with "Styrel" together with Sweden's National Energy Authority, and the 7 levels priority they assign critical infrastructure to ensure safety and continuity in an energy crisis. You can read all about the project here: https://lnkd.in/e-YyCBvQ

🇪🇺 EU energy ministers met this week to discuss decarbonising the economy through a resilient, flexible and integrated electricity system 🌱🔋 Batteries and demand-side flexibility are ready to be deployed and can help the EU build a flexible power system, harnessing all the benefits of cheap, secure and clean power 🌪☀️ Key insights from our analysis of clean flexibility in the EU 🔍 ⚡ Early flexibility strategies and national objectives for storage and demand-side flexibility can facilitate investment decisions to unlock further clean flexibility deployment 🔜 ⚡ Power system modelling used in system planning could better represent clean flexibility, including via open and accurate input data 📊 Learn more on how the 🇪🇺 can accelerate its clean power system roll-out in our report: https://lnkd.in/dcSfTwhh

There were a lot of changes in the EU power sector in 2023, and this will be great event unpicking some of the major shifts.

Happening NOW. Ember's European Electricity Review Webinar! Come get the latest hopeful news about energy and climate ;)

TODAY, 7pm PDT, from Conversations Live with Stuart McNish: Energy and the environment — and complex challenges for the supply of electricity in B.C. Watch the webcast via https://ow.ly/hLfv50R3MWC

The wealth of a nation is measured, and determined, by access to affordable and plentiful energy. The war in Ukraine has been a wake-up call to western nations regarding the potential impacts and consequences of not preparing for the geopolitics of energy security – an area where Canada can potentially play a leading role. Energy technologies such as renewables, CCUS, hydrogen and SMRs have the potential to reshape energy ecosystems. These technologies are not only subject to the forces of commercial viability. They can be either advanced or held back depending on the political environment and which technologies are prioritized and how. Presenters on this session will examine both domestic and international implications of energy security, how we can develop realistic expectations about new technologies and their implementation, and Canada’s role in this new paradigm shift. Panel discussion: The politics of energy security and technologies Dan Balaban, President and CEO, Greengate Power Geneviève Carr, Executive Vice President, Transparency & Strategic Engagement, Canada Energy Regulator | Régie de l’énergie du Canada Hannah Thibedeau, Executive Communications Officer, Global Public Affairs; former National New Anchor, CBC Heather Exner-Pirot, Senior Fellow and Director of Natural Resources, Energy and Environment, Macdonald-Laurier Institute Discussion led by: Deborah Yedlin, President & CEO, Calgary Chamber of Commerce For more information, visit https://buff.ly/2P94jr8