Energy

This WP constitutes the knowledge exchange dimension of a two-year political economy project funded by the Institute for New Economic Thinking (INET). It is Led by Professor of Energy and Climate Change, Michael Grubb, this WP will interrogate the economic and environmental consistency of recent energy policy developments across Europe and how future policy might be optimised, by pursuing knowledge exchange which builds on analysis relating to three intersecting agendas: consistency in electricity and gas market developments, restructuring and procurement strategies; GB-EU electricity and gas trading arrangements; and economic foundations for industrial decarbonisation via electro-intensive industrial processes. Topics may include the state of the EU-UK energy relationship and North Seas Energy Cooperation (NSEC), the regional and global implications of the proposed Carbon Border Adjustment Mechanism (CBAM), its implications for international trade and its compatibility with climate justice, or the implications of the US Inflation Reduction Act, a coherent EU-UK response and ramifications for WTO compatibility.

Planned tasks/activities:  

• Curation of cross-disciplinary discussions to test, enhance and extend the insights and analysis generated by the INET project 
• Co-organisation of knowledge exchange workshops with policy communities across Europe 
• The translation of research insights for non-specialist policy audiences via policy briefs   

Images: Facility in foggy environment, Katerini, Greece, Photo by Jason Blackeye on Unsplash.