China’s National Carbon Market: a Game Changer in the Making?
As 2017 drew to close, China officially approved plans for its long-awaited national Emission Trading Scheme (ETS) and the National Development and Reform Commission (NDRC) outlined some of the implementation details[1]. Though it will be limited to the power sector (and combined heat and power, or CHP) at first, it will nevertheless be the world’s largest carbon market. It is expected to cover 1,700 companies representing approximately 30% of China’s total greenhouse gas (GHG) emissions. China’s CO2 emissions from fuel combustion amounted to approximately 8,796 metric tonnes of CO2 equivalent (MtCO2Eq.) in 2016, and seem to remain stable since 2014, though they appear to increase again in 2017[2]. Shanghai should host the national market exchange, which will be jointly owned by the governments of other provinces while Hubei should host the registry[3].
Decarbonizing Germany’s Power Sector: Ending Coal with a Carbon Floor Price?
Germany has a long tradition of climate policy programmes with ambitious greenhouse gas emission reduction targets and comprehensive climate and energy policy packages.
This target-driven policy approach is, however, increasingly facing challenges due to the lack of progress on greenhouse gas emission reductions in key sectors, i.e. the power, the transport and the building sector.
Europe in the Global Race for Electrical batteries
This study weighs up the different strategic approaches that Europe may adopt in the industrial race for electrical batteries, taking into account the demand potential for e-mobility and stationary storage, the global competitive landscape and the policy support for local players in Asia and the U.S.
The Landscape of Renewable Energy Sources in Europe in 2030
The study analyses the European rules designed to promote renewable energy, highlighting their innovations and the difficulties they will raise. The study highlights the consequences of some of the measures envisaged and pays particular attention to the electricity market.
Europe's Energy Transition - Insights for Policy Making
This book was authored by the Insight_e European consortium, in which the Ifri Center for Energy was involved between 2014 and 2017. It is based on the key research projects carried out over the last three years on the Energy Union, greenhouse gas emissions reduction policies, security of gas and electricity supplies and the societal dimensions of the energy transition.
Electricity storage in a redesigned market
Storage technologies have the potential to significantly support the EU’s electricity system, bringing a number of flexibility services. There are numerous electric energy storage (EES) technologies, tackling different magnitudes in terms of quantity of energy, ramp-up time, duration of discharge, costs, and lifetime.
A Point of View on the UK Energy Policy
The United Kingdom chose to leave the European Union at a crucial moment for the Energy Union, and in a period when the necessity of leading a coherent energy transition is strongly shared by EU countries. In the light of this conjunction of events, this study analyses the determining factors of the UK energy policy.
Electricity Security of Supply and Capacity Remuneration Schemes
In the context of liberalisation and the creation of a European electricity market, security conditions underlying the supply of electricity need to be reconsidered.
Business Models for Flexible Production and Storage
This report explores business models for storage solutions that may help the European energy system adapt to new challenges.
The European Union : When the Commission and Governments put the Future of Electricity Producers at Stake
RWE, EON, EDF, ENGIE and other large utilities are in financial turmoil. This situation, which would have been unlikely twenty years ago, is related to several failures in governance within the EU as well as to global evolutions. This Edito Energie analyses the situation of large European electricity producers in light of the European energy policy.
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