This week, Policy Dispatch chats with Agora Energiewende expert and FORESIGHT's own Michaela Holl about the EU's response to the ongoing energy crisis
Sky-high energy prices have threatened to bankrupt households and businesses alike, prompting governments and the European Union to dig into their pockets and design new energy and economic policies meant to quell the crisis.
There is a lot of uncharted territory to cover. Governments have never had to replace energy supplies at such short notice and so comprehensively before. The EU has never had to build policies that skim off the huge revenue profits made by energy companies. Sacred cows like electricity market rules are suddenly on the chopping block. It is an exciting time to track these developments.
Business as usual also continues to some extent for legislators and policymakers. How has the current situation affected work on issues like long-term renewables deployment and energy savings targets? Is the crisis proving to be a disruptive or galvanising influence on policies that aim to make Europe the first climate-neutral continent?
Policy Dispatch caught up with FORESIGHT-regular Michaela Holl from Agora Energiewende to discuss all of this and more. Once you’ve listened to this episode, be sure to check out the latest edition of Watt Matters, which goes into even more detail about how all these measures are going to affect energy utilities.
Enjoy the dispatch!
If you have any thoughts or questions about anything that has been discussed in this week’s episode, you can reach us at our Twitter accounts:
Michaela Holl
Sam Morgan
Anna Gumbau
@Policy Dispatch
FORESIGHT Climate & Energy
Listen and subscribe to Policy Dispatch wherever you get podcasts. Follow us on Twitter at @Policy Dispatch or email us at show@policydispatch.com
Art director: Trine Natskår.
Show notes:
FORESIGHT Policy Section
In this episode of Watt Matters, we make sense of the short and long-term measures that Brussels is proposing to alleviate Europe's energy price crisis and its impact on the EU's energy companies
A review of the European Union’s fiscal rules in 2022 could open the door for massive public investments into the energy transition. A political fight over the direction of that amendment will dictate just how ambitious Europe can afford to be with its green policies
Without a European grid up to the task of not only meeting more demand for electricity, but also assimilating it from distributed renewables, green electrification of heating and transport is stymied from the start. Decarbonisation requires new infrastructure, yet the public is having none of it.
The European Union’s “Energy Efficiency First Principle” was designed to maximise the potential of energy sources and increase investor appetite but it has struggled to jump from principle to practice. But new rules and a shift in geopolitics look set to propel the efficiency maxim to top billing