Electricity Market Design: Commission launches consultation on reform to support a clean and affordable energy transition

This article is brought to you in association with the European Commission. Today, the European Commission is launching a public consultation on the reform of the European Union’s electricity market design to better protect consumers from excessive price volatility, support their access to secure energy from clean sources, and make the market more resilient. The current […]

Deal on establishing the Social Climate Fund to support the energy transition

This article is brought to you in association with the European Parliament. On Saturday night, Parliament and Council reached a provisional agreement to set up a new fund to help vulnerable citizens most affected by energy and transport poverty. Negotiators agreed to establish the Social Climate Fund (SCF) to benefit vulnerable households, micro-enterprises and transport users […]

Political Declaration on establishing the Just Energy Transition Partnership with Viet Nam

This article is brought to you in association with the European Commission. 1. The Governments of the Socialist Republic of Viet Nam, together with the International Partners Group, consisting of the European Union, the United Kingdom of Great Britain and Northern Ireland, the United States of America, Japan, the Federal Republic of Germany, the Republic of […]

Green Deal: EU agrees new law on more sustainable and circular batteries to support EU’s energy transition and competitive industry

This article is brought to you in association with the European Commission. The Commission welcomes the provisional political agreement reached between the European Parliament and the Council aiming to make all batteries placed on the EU market more sustainable, circular and safe. The agreement builds on the Commission’s proposal from December 2020 and addresses the social, economic and […]

Energy transition: Here’s why the race to net zero is affordable

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Writer, Formative Content The relationship between the cornerstones of the energy trilemma – sustainability, affordability and security – have become strained since Russia’s invasion of Ukraine, with governments becoming increasingly preoccupied with energy independence and affordability. […]

Energy Transition: Commission announces three Energy Compacts at UN High-Level Dialogue in New York

This article is brought to you in association with the European Commission. At the UN High-Level Dialogue on Energy this week in New York, Executive Vice-President for the European Green Deal, Frans Timmermans and Commissioner for Energy, Kadri Simson presented three Energy Compacts, in partnership with the International Energy Agency and the International Renewable Energy Agency. […]

Batteries are a key part of the energy transition. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Writer, Formative Content Demand for battery storage has seen exponential growth in recent years. But the battery technical revolution is just beginning, explains Simon Engelke, founder and chair of Battery Associates. Investment has poured into the […]

Why ‘floating wind’ is key to the energy transition and how to get it onto the sea quickly

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mo Chatterji, Project Fellow, Scale360° and Senior Consultant at Kearney, World Economic Forum & Rebecca Meier, Senior Consultant, Kearney Floating wind, which uses turbines located at sea but not attached to the ocean floor, has several key advantages […]

System value can power the energy transition in emerging markets

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Valentin de Miguel, Senior Managing Director for Strategy & Consulting Lead for Growth Markets, Accenture Countries are starting from different baselines and in different conditions on their energy transition journeys. The World Economic Forum’s System Value framework can […]

A ‘system value’ approach can accelerate the energy transition. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Henrik Andersen, Chief Executive Officer of Vestas Wind Systems A/S and Chair, Electricity Industry Action Group The pandemic has presented us with an opportunity to accelerate the energy transition. ‘System value’ is a method of measuring the impact […]

3 ways to accelerate the energy transition

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kim Fausing, President and CEO, Danfoss We are running out of time to meet the Paris Agreement and achieve the United Nations Sustainable Development Goal (SDG) 7 on sustainable energy – “ensure access to affordable, reliable, sustainable and modern […]

How electrification can supercharge the energy transition

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Davide Puglielli, Senior Manager, Strategy and Mergers and Acquisitions, Enel No matter which country you’re in, the energy transition is underway. It is taking slightly different shapes and may progress from different starting points depending on the area, […]

How do we design an inclusive energy transition?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Steve Dahlke, PhD Candidate, Mineral and Energy Economics, Colorado School of Mines & Morgan Bazilian, Director, Payne Institute for Public Policy, Colorado School of Mines The need to accelerate the global energy transition is urgent, as highlighted by the […]

The countries most ready for the global energy transition

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Harsh Vijay Singh, Project Lead, System Initiative on Shaping the Future of Energy, World Economic Forum Geneva Countries around the world are upping the share of renewables in their energy mixes. The bad news is, they’re not doing it […]