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European Commission
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Net zero corporates and ESG
More details required for large-scale solar rollout in EU
Last week, our 'Financing net zero forum' gathered to discuss the role of private capital for the next wave of solar across Europe. Joining the meeting chair, Cornwall Insight's Daniel Atzori, were our guest panellists from a leading developer and the Global Infrastructure Investor Association (GIIA). With the European Commission...
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Low carbon generation
EU COVID-19 stimulus plan – EU ETS impacts and environmental policy developments
This article was originally published on 28 July 2020 in our ‘Irish energy market bulletin’ publication. Two weeks ago saw the European Commission’s proposed €750bn stimulus plan and revised €1.1tn proposal for the EUs next long-term budget (2021-2027) agreed upon by EU member states at the European Council. The plan...
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Low carbon generation
Sail away: Offshore wind vs. RESS
Last week the European Commission proposed a “Climate Law” enshrining in legislation the objective of achieving climate neutrality by 2050. In this week’s blog, we consider the role of wind in achieving this goal, and Irelands role in the European Green Deal. As we would expect, the green deal identifies...
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Commercial and market outlook
Editor’s Pick | EC presents European Green Deal for 2050 net zero target
The European Commission (EC) presented the European Green Deal on 11 December, which sets out how to make Europe the first climate-neutral continent by 2050. The EC said the deal, shown in Figure 1, provides a roadmap to move to a clean, circular economy and stop climate change, revert biodiversity...
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Low carbon generation
Guess who’s back? The Capacity Market and what happens next
On 24 October, the European Commission (EC) announced its decision to approve the GB Capacity Market (CM) after an investigation which lasted several months. While this is a positive outcome for holders of capacity agreements, the ~£1bn ‘back-payment’ bill comes at a difficult time for suppliers, who are facing up...
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Commercial and market outlook
Five things we learnt from Energy Spectrum | 659
In this week’s Energy Perspective, we set out the main developments in the GB Capacity Market since the November 2018 ruling by the European Court of Justice that led to its suspension including, most recently, the European Commission’s confirmation it is to undertake a full investigation into the scheme. The business case...
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Low carbon generation
Old friends: the hidden good side of the EU
As uncertainty around Brexit continues, it is important to reiterate some of the work that the EU and European Commission (EC) carries out behind the scenes of the energy industry. In particular, this week we look at the EU Sysflex project, which is being led by EirGrid and SONI, having...
