'Climate-Energy-Industry’ Working group

Past event

Climate, Energy & Sustainability
starts
ends

Summary

The second meeting of Friends of Europe’s Climate-Energy-Industry Working Group, held one week after the European Commission published its proposals for a 2030 climate and energy package, focused on energy prices and economic competitiveness.

About

About

The second meeting of Friends of Europe’s Climate-Energy-Industry Working Group, held one week after the European Commission published its proposals for a 2030 climate and energy package, focused on energy prices and economic competitiveness.

Schedule

Schedule

Registration of participants and lunch
Debate on European economic competitiveness
Expand Debate on European economic competitiveness

Welcome by

Giles Merritt

Founder

Introduction by

Mogens Peter Carl

Chair of the Working Group

IMPLICATIONS OF THE NEW ENERGY/CLIMATE PACKAGE

How well does the new energy/climate package of proposals address climate, energy and competitiveness concerns? What does it mean for national energy strategies and, in particular, country-based support for renewables? What conclusions should we draw from the Commission’s report on energy prices and costs in Europe?

Short presentation by

Mechthild Wörsdörfer

Deputy Director-General for Energy at the European Commission

Reactions by

Laura Cozzi

Chief Energy Modeller of the International Energy Agency (IEA)

Mogens Peter Carl

Chair of the Working Group

PART II: NEXT STEPS: IDENTIFYING SOLUTIONS

  1. Reducing the negative impact of national energy decisions on energy costs
    The gap in energy prices between Europe and its international competitors is widening due to a combination of external factors and policies, and a rise in energy prices in Europe driven mainly by taxes/levies and network costs. How can we cut energy costs and reduce the negative impact of some national policies and strategies on energy prices? Who should bear the financial burden of the energy transition? Should we change our taxation and state aid policy?
  2. Mitigating international competitiveness distortions
    How can Europe avoid carbon leakage and maintain domestic production in energy-intensive goods if the energy price differentials persist in the future? To what extent can we overcome competitiveness and price distortions via trade and climate negotiations? What is Europe’s comparative advantage and how can we utilise our strengths to remain an economic leader?
  3. Helping vulnerable industries adapt to the low-carbon future
    Who are the national, sectorial and corporate winners and losers of the energy transition and in which category do energy-intensive industries fit? How can we compensate vulnerable industries and help them adapt to the low-carbon future and take advantage of new opportunities the transition offers?

Co-Moderators

Giles Merritt

Founder

Mark Lewis

Managing Director, Head of European Utilities Research at Barclays Investment Bank and member of the Task Force on Climate-related Financial Disclosures (TCFD)

Wrap up and next steps
Speakers

Speakers

Giles Merritt
Giles Merritt

Founder

Show more information on Giles Merritt

Giles Merritt is the Founder of Friends of Europe, and was its Secretary General between 1999 and 2015, and its Chairman between 2016 and 2020.

A former Financial Times Brussels Correspondent, Giles Merritt is a journalist, author and broadcaster who has for over four decades specialised in European public policy questions. In 2010 he was named by the Financial Times as one of its 30 most influential “Eurostars”, together with the European Commission’s President and NATO’s Secretary General.

Giles Merritt joined the Financial Times in 1968, and from 1972 until 1983 he was successively FT correspondent in Paris, Dublin/Belfast, and Brussels. From 1984 to 2010 he was a columnist for the International Herald Tribune (IHT), where his Op-Ed page articles ranged widely across EU political and economic issues.

In 1982 he published “World Out of Work”, an award-winning study of unemployment in industrialised countries. In 1991, his second book “The Challenge of Freedom” about the difficulties facing post-communist Eastern Europe was published in four languages. His book “Slippery Slope: Europe’s Troubled Future” (Oxford University Press 2016), was shortlisted for the European Book Prize.

Photo of Mark Lewis
Mark Lewis

Managing Director, Head of European Utilities Research at Barclays Investment Bank and member of the Task Force on Climate-related Financial Disclosures (TCFD)

Show more information on Mark Lewis

Prior to his current position at Barclays, Mark Lewis was Chief Energy Economist at Kepler Cheuvreux and Managing Director and Global Head of Energy Research at Deutsche Bank, where he worked for 14 years. Lewis has nearly 20 years’ experience as a financial analyst covering energy and environmental markets, and has also worked as an academic at London University. His research on power, gas, and emissions was ranked Number 1 by Energy Risk magazine in its 2011, 2010, 2009 and 2008 surveys. He is currently an active member of the G20 industry-led Task Force on Climate-Related Financial Disclosure (TCFD).

Mechthild Wörsdörfer
Mechthild Wörsdörfer

Deputy Director-General for Energy at the European Commission

Show more information on Mechthild Wörsdörfer

Building on her decades-long experience in energy policy, Mechthild Wörsdörfer is in charge of the European Commission’s work on the coordination of the just and green energy transition. Before taking up her current position, she worked as the director for sustainability, technology and outlooks at the International Energy Agency. Prior to that, Wörsdörfer worked on a wide range of energy files at the European Commission, from renewables, energy efficiency and innovation to the 2030 Energy and Climate Framework. She previously served in the cabinet of Erkki Liikanen, during his term as European Commissioner for Enterprise Policy and Information Society.

Laura Cozzi
Laura Cozzi

Chief Energy Modeller of the International Energy Agency (IEA)

Show more information on Laura Cozzi

As Chief Energy Modeller, Laura Cozzi oversees the International Energy Agency’s (IEA) outlooks and forecasts. She is in charge of ensuring the consistency of the modelling work and the resulting messages. Cozzi is also Head of the Demand Outlook Division, responsible for producing the annual World Energy Outlook: the IEA flagship publication that is regarded as the gold standard in energy analysis. The Division produces medium- to long-term energy demand, efficiency, power generation, renewables and environmental analysis for this report and other publications.

Insights

view all insights

Next Event

view all events
Track title

Category

00:0000:00
Stop playback
Video title

Category

Close

We use cookies to improve your online experience.
For more information, visit our privacy policy

Africa initiative logo

Dismiss