Download or read book EEAG Revision Support Study written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report supports the European Commission's revision of the EEAG and section 7 of the GBER. It consists of 3 study items that address distinct questions: Study Item 1: The measurement of cost-effectiveness (EUR per tonne of CO2 avoided) allows for the assessment of relative decarbonisation benefits of policies, but may not always capture their overall environmental impact. Wind, solar and energy efficiency have similar cost-effectiveness, while cogeneration of heat and power is less cost-effective. Fo cusing on decarbonisation objectives only, multi-technology auctions improve cost-effec tiveness by prioritising less costly technologies. If potential inframarginal rents and dy namic effects are also considered, then technology-specific auctions may exhibit lower carbon mitigation costs in some cases. Study Item 2: Research on operating and investment aid is reviewed, with the finding that for environmentally friendly energy aid, some distortions have arisen from the nature of aid, but that both investment and especially operating aid can yield positive outcomes. Analysis of four actual schemes with operating or investment aid suggests that precise scheme design matters for success and often evolves with time. Three aid schemes are examined for industrial decarbonisation. Aid levels of 40% for fixed aid intensity are deemed unlikely, if the maximum aid intensities remain unchanged, to provide sufficient support for several industrial decarbonisation routes. Study Item 3: Empirical studies support the relevance of electro-intensity and trade in tensity for eligibility of energy-intensive users for levy exemptions in the EEAG. The anal ysis of levies from 2011 to 2018 highlights their large heterogeneity across sectors, coun tries and over time. Scenarios harmonising levies to the highest levy and abolishing ex emptions lead to a substantial decrease in profits. A limited profit decrease is predicted when levies change by a percentage value, an absolute level or are partially harmonised to a threshold.

Download or read book State aid guidelines for environmental protection and energy EEAG written by Catherine Banet and published by Centre on Regulation in Europe asbl (CERRE). This book was released on 2020-09-22 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Europe’s energy State aid guidelines no longer reflect the market reality and need to be carefully revised. This study looks at the existing rules and provides recommendations for the revised guidelines to effectively contribute to accelerating the decarbonisation of Europe’s economy. It calls on the European Commission to pursue a combined approach that looks at reinforcing both common objectives and specific State aid measures. Since the approval of the latest Guidelines for State Aid for Energy and Environmental Protection (EEAG) in 2014, the EU institutions have agreed to accelerate the decarbonisation process to reach a climate-neutral economy by 2050. This strong impetus heavily influences the energy market where we see new economic models and types of actors emerging, and where there has been significant technological progress over the past years. The energy and environmental protection State aid guidelines no longer reflect the market’s reality and need to be revised carefully. As Brussels is about to kick off the revision of the EEAG, this report provides recommendations for new rules that effectively contribute to fast-tracking the transition towards low carbon energy systems in a cost-efficient way. Above all, Brussels should align the new rules with its 2030 climate and energy transition targets. “The EEAG reform should combine approaches that look both at common objectives and specific aid measures. This requires a significant evolution of the current regime whilst ensuring smooth continuity. Defining clear criteria to assess the contribution of a specific State aid measure to the ‘common interest’ is of utmost importance. The revised EEAG should strengthen these assessment criteria, including for specific aid measures. They must promote technology neutrality and consider the energy system’s resilience. Among the assessment criteria, the application of the proportionality test should be improved.” - Catherine Banet, author of the report The Guidelines are part of a bigger ecosystem of rules. The EEAG work in close interaction with the general block exemption Regulation (GBER) which allows the Commission to exempt prior State aid notification – and approval – in specific cases. This has proven to be efficient and should be maintained. If, during the review, a different approach is chosen, it may impact the entire architecture of the hard and soft law ecosystem of the EU state aid regime. The Clean Energy Package for All Europeans is a driver of the reflection behind the revision of the Guidelines. The scope of application of the EEAG should reflect and build upon the provisions laid down in this package. At the same time, the new Guidelines have the challenging task of anticipating the impacts of moving climate targets from the European Green Deal and the upcoming rules to achieve them, such as the revised renewable energy directive, the revised alternative fuels infrastructure directive, the implementation of the sector integration strategy and the Hydrogen strategy. Finally, enforcing the rules is just as important as setting the right rules. The report notes that, on several occasions in its recent case law, the Court of Justice of the EU has reversed some of the European Commission’s approval decisions, with major impacts on markets. The revised Guidelines should be set and applied so as to eliminate the risk of reversals of the Commission’s decisions as much as possible. “The COVID-19 crisis is just one example of the deep uncertainties and changes our society is going through. Europe should be prepared for more disruption. We need to build a more resilient energy system that can cope with such unexpected external shocks. The energy state aid Guidelines should be an integral part of a long term sustainable recovery roadmap.” - Catherine Banet, author of the report.

Download or read book Routledge Handbook of Energy Communities and Smart Cities written by Maciej M. Sokołowski and published by Taylor & Francis. This book was released on 2023-09-08 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook examines the regulatory, social, financial, and technological issues pertaining to energy communities in smart cities. Evidencing the emergence of new imperatives at the intersection of sustainability, resilience, innovation, and legal issues, energy communities embody the thrust of the user-centred digital transformation our societies are subjected to today. By bridging the energy communities debate with smart cities research, this Handbook positions itself at the heart of the conversation on energy sustainability, climate action, and “just transition”. Drawing on contributions from across the globe, this book offers both a birds-eye and a detailed inter- and multidisciplinary insight into the emergence of energy communities and their evolution in the smart city context. Technological and regulatory aspects of this transition are explored from a variety of conceptual and empirical perspectives. Case studies evidencing developments in the Global South and the Global North embellish the conversation. Questions of climate change, energy efficiency, renewable energy sources, emissions’ reduction, and corresponding policy frameworks are discussed. Dedicated to all those interested in climate action, energy transition, sustainable development, and smart cities, this Handbook will be of interest to policymakers, lawyers, energy and urban experts, researchers, and students.

Download or read book EU State Aid Law written by Pier Luigi Parcu and published by Edward Elgar Publishing. This book was released on 2020-02-28 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent State Aid Modernization has decentralized the enforcement of State aid law. In particular, under the General Block Exemption Regulation a number of aid schemes do not require the preventive “check” by the European Commission, while national courts play a growing role in private enforcement of State aid law. This insightful book analyzes the enforcement of State aid law in the aftermath of the State Aid Modernization, identifying a number of emerging trends at the national and EU level.

Download or read book Capacity Mechanisms in the EU Energy Markets written by Leigh Hancher and published by Oxford University Press. This book was released on 2022-10-13 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capacity remuneration mechanisms (or simply capacity mechanisms) have become a fact of life in member states' energy markets and are one of the hottest topics in the wider European regulatory debate. Concerned about the security of electricity supply, national governments are implementing subsidy schemes to encourage investment in conventional power generation capacity, alongside already heavily subsidized renewable energy sources. With the increasingly connected European electricity markets, the introduction of a capacity mechanism in one country not only tends to distort its national market but may also have unforeseeable consequences for neighbouring electricity markets. As these mechanisms are adopted by member states with limited supra-national coordination as well as consideration for the cross-border impact, they tend to cause serious market distortions and put the future of the European internal electricity market at risk. This second edition will take stock of how capacity mechanisms have actually worked so far and consider the consequences they have for the European internal electricity market. It will include a detailed overview of national capacity mechanisms, their implications for the EU internal market, and will outline the nature of market failures which are likely to occur in the European electricity markets. This edition is intended to serve as a point of reference for regulators and policy-makers on how to design optimal capacity mechanisms in Europe. It will be an invaluable resource for anyone interested in energy market design, regulation, and competition issues.

Download or read book Comparative Renewables Policy written by Elin Lerum Boasson and published by Routledge. This book was released on 2020-10-29 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Challenging one-eyed technology-focused accounts of renewables policy, this book provides a ground-breaking, deep-diving and genre-crossing longitudinal study of policy development. The book develops a multi-field explanatory approach, capturing inter-relationships between actors often analyzed in isolation. It provides empirically rich and systematically conducted comparative case studies on the political dynamics of the ongoing energy transition in six European countries. While France, Germany, Poland and the United Kingdom opted for ‘technology-specific’ renewables support mixes, Norway and Sweden embarked on ‘technology-neutral’ support mixes. Differences between the two groups result from variations in domestic political and organizational fields, but developments over time in the European environment also spurred variation. These findings challenge more simplistic and static accounts of Europeanization. This volume will be of key interest to scholars and students of energy transitions, comparative climate politics, policy theory, Europeanization, European integration and comparative European politics more broadly, as well practitioners with an interest in renewable energy and climate transition. The Open Access version of this book, available at: https://www.taylorfrancis.com/books/e/9780429198144, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Download or read book The European Dimension of Germany s Energy Transition written by Erik Gawel and published by Springer. This book was released on 2019-02-07 with total page 559 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the interactions between Germany’s energy transition and the EU’s energy policy framework. It seeks to analyze the manifold connections between the prospects of the proclaimed “Energy Union” and the future of Germany’s energy transition, and identifies relevant lessons for the transformation at the EU level that can be learned from the case of Germany, as a first-mover of transforming energy systems towards renewables. The various repercussions (political, economic and systemic) from the national transition are explored within the EU context as it responds to the German transition, taking into account both existing frictions and potential synergies between predominantly national sustainability policies and the EU’s push towards harmonized policies within a common market. The book’s overall aim is to identify the most critical issues, in order to avoid pitfalls and capitalize on opportunities.

Download or read book The Euro Trap written by Hans-Werner Sinn and published by Oxford University Press, USA. This book was released on 2014 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a critical assessment of the history of the euro, its crisis, and the rescue measures taken by the European Central Bank and the community of states. The euro induced huge capital flows from the northern to the southern countries of the Eurozone that triggered an inflationary credit bubble in the latter, deprived them of their competitiveness, and made them vulnerable to the financial crisis that spilled over from the US in 2007 and 2008. As private capital shied away from the southern countries, the ECB helped out by providing credit from the local money-printing presses. The ECB became heavily exposed to investment risks in the process, and subsequently had to be bailed out by intergovernmental rescue operations that provided replacement credit for the ECB credit, which itself had replaced the dwindling private credit. The interventions stretched the legal structures stipulated by the Maastricht Treaty which, in the absence of a European federal state, had granted the ECB a very limited mandate. These interventions created a path dependency that effectively made parliaments vicarious agents of the ECB's Governing Council. This book describes what the author considers to be a dangerous political process that undermines both the market economy and democracy, without solving southern Europe's competitiveness problem. It argues that the Eurozone has to rethink its rules of conduct by limiting the role of the ECB, exiting the regime of soft budget constraints and writing off public and bank debt to help the crisis countries breathe again. At the same time, the Eurosystem should become more flexible by offering its members the option of exiting and re-entering the euro - something between the dollar and the Bretton Woods system - until it eventually turns into a federation with a strong political power centre and a uniform currency like the dollar.

Download or read book Central Banking at a Crossroads written by Charles Goodhart and published by Anthem Press. This book was released on 2014-12-01 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reflects on the innovations that central banks have introduced since the 2008 collapse of Lehman Brothers to improve their modes of intervention, regulation and resolution of financial markets and financial institutions. Authors from both academia and policy circles explore these innovations through four approaches: ‘Bank Capital Regulation’ examines the Basel III agreement; ‘Bank Resolution’ focuses on effective regimes for regulating and resolving ailing banks; ‘Central Banking with Collateral-Based Finance’ develops thought on the challenges that market-based finance pose for the conduct of central banking; and ‘Where Next for Central Banking’ examines the trajectory of central banking and its new, central role in sustaining capitalism.

Download or read book The Modernisation of State Aid for Economic and Social Development written by Bruno Nascimbene and published by Springer. This book was released on 2018-11-28 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the recent modernisation of EU State aid law from various perspectives, and considers both substantive and procedural aspects. It also discusses the reasons for, and the goals and future implications of the modernisation programme, including the evolution of the concept of State aid. The ambitious reform programme was launched in 2012 and has now been almost fully implemented by virtue of the adoption of new rules of procedure in July 2013, and exemption in June 2014. The book highlights the main aspects of this sector reform, which include the Commission’s change of attitude towards so-called positive aid, i.e. those able to promote economic growth, and the intention to focus on matters of greater systematic extent. These objectives also imply a third aspect: increasing the intensity of the control powers conferred on the Commission with regard to that aid that prove to be harmful to competition and the internal market. The book also examines the greater responsibility given to States for self-assessment of their economic policy measures, and explores the resulting impact on, and challenges posed to the administrations of the Member States. The book’s second part is devoted to the application State aid rules in the area of services of general economic interest, with a special focus on aid in the field of social health and infrastructure.

Download or read book Remaking Europe written by Reinhilde Veugelers and published by . This book was released on 2017-09-30 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: How well are European firms responding to the new opportunities for growth, and in which global value chains are they developing these new activities? The policy discussion on the future of manufacturing requires an understanding of the changing role of manufacturing in Europe's growth agenda.

Download or read book EU Environmental and Planning Law Aspects of Large scale Projects written by European Environmental Law Forum. Conference and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments, companies, environmental associations and citizens all over the European Union (EU) are struggling with large scale projects. On the one hand large scale projects can contribute to economic development, on the other hand they often also raise environmental concerns. Because of their size and potential impact, large scale projects usually lead to heavy debates and quickly become of great symbolic value. Consequently, large scale projects are excellent examples of the difficulty to balance economic development with environmental protection. The types of large scale projects, planned as well as 'under construction' in the EU, are very diverse. One can think of all kinds of infrastructure projects (motorways, railways, waterways, stations, ports, airports, ...), building projects (offices, housing projects, sports stadiums, redevelopment of brownfields, ...), waste projects (incineration, landfill, ...), energy projects (electricity and gas networks, wind farms, biogas installations, heat networks, extraction projects, ...), climate projects (CDM projects, ...), water projects, etc. In order to promote the legal thinking about all kinds of environmental and planning law aspects of large scale projects, Hasselt University and KU Leuven, Campus Brussels jointly hosted from 10 to 12 September 2014 the second European Environmental Law Forum (EELF) Conference, with as central topic Environmental and Planning Law Aspects of Large Scale Projects". The conference focused more specifically on the following aspects: -The role of spatial and environmental planning -Permitting and review procedures -Critical sectoral regimes -Horizontal measures. This book offers a selection of the contributions presented at the EELF Conference. They have all been submitted to two double-blind peer reviews. The book is subdivided into six main themes: 1. General 2. Public participation 3. Environmental impact assessment 4. Water 5. Nature 6. Land use."

Download or read book The Political Economy of Clean Energy Transitions written by Douglas Arent and published by Oxford University Press. This book was released on 2017 with total page 631 pages. Available in PDF, EPUB and Kindle. Book excerpt: A volume on the political economy of clean energy transition in developed and developing regions, with a focus on the issues that different countries face as they transition from fossil fuels to lower carbon technologies.

Download or read book The Manufacture of Veneer written by Forest Products Laboratory (U.S.) and published by . This book was released on 1962 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Successes and Failures in EU Cohesion Policy an Introduction to EU Cohesion Policy in Eastern Central and Southern Europe written by Ida Musiałkowska and published by . This book was released on 2020-10-02 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regions in the EU's Eastern and Southern peripheries tend to perform badly across many rankings from economic development, to quality of government, social justice and innovation potential, despite the fact that the vast majority of EU structural funding has been spent in these countries. However, these countries followed different development trajectories and reacted differently to the economic crisis. Some of them still struggle, others thrive, others, after years of structural transformation, are stuck in a middle-income trap. Successes and failures as a result of EU cohesion implementation are a valuable source of feedback for future plans. Southern part of the EU, and Central and Eastern Europe provide an excellent opportunity to evaluate them, The whole implementation exercise is sometimes challenging to accomplish, as both the public and private sectors have low absorption capacity. In contrast, positive experiences also emerged. Regions in Central and Eastern European countries witnessed improvements in the form of change in GDP per capita, benchmarked against the EU average during the years 2008-2015, while Southern Europe improved similarly between 2000-2008. In this volume, the authors cover a variety of aforementioned problems and experiences of either all member states, with special attention to peripheral countries, or to sectoral or regional problems in selected countries. The book begins with an overview of the issues of economic convergence and quality of life in all member states. It also addresses political aspects of EU cohesion policy, including involvement of civil society into this public policy, as well as relationships between cohesion policy support and EU identification. The final section discusses an important novelty in the framework of EU cohesion policy, namely the JESSICA initiative, that is, an instrument offering repayable and recyclable funding targeted at economically-viable and sustainable urban development projects.

Download or read book Energy Roadmap 2050 written by European Commission and published by Office for Official Publications of the European Communities. This book was released on 2012 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: People's well-being, industrial competitiveness and the overall functioning of society are dependent on safe, secure, sustainable and affordable energy. The energy infrastructure which will power citizens' homes, industry and services in 2050, as well as the buildings which people will use, are being designed and built now. The pattern of energy production and use in 2050 is already being set.

Download or read book Between Compliance and Particularism written by Marton Varju and published by Springer. This book was released on 2019-02-08 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines how the interests of the member states, which provide the primary driving force for developments in European integration, are internalised and addressed by the law of the European Union. In this context, member state interests are taken to mean the policy considerations, economic calculations, local socio-cultural factors, and the raw expressions of political will which shape EU policies and determine member state responses to the obligations arising from those policies. The book primarily explores the junctions and disjunctions between member state interests defined in such a manner and EU law, where the latter expresses either an obligation for the member states to comply with common policies or an acceptance of member state particularism under the common EU framework.