Episode 7 | Rethinking long-term contracts for the energy transition: Part 2

The seventh episode of the ‘FSR Policy Briefcase’ unpacks the subject of ‘long-term contracts’ in the electricity sector and explores some of the ways that a fresh look at this tool could help deliver the energy transition.

For this episode, regular hosts Leonardo Meeus and James Kneebone are joined by part-time Professor of FSR Jean-Michel Glachant. The conversation builds on the recent publication of his Technical Report on this subject, co-authored with Guillaume Dezobry, Leigh Hancher, and Emma Menegatti.

This episode follows last month’s ‘part 1’ episode recorded with Leigh Hancher on the same subject. Part 2 focuses broadly on the application of long-term contracts, or ‘LTCs’ as they are more commonly referred to, as well as some of what Jean-Michel considers to be the limitations and unknowns for LTCs and their role in bringing security and competitiveness to European industry. We learn about how LTCs could have helped during the previous energy crisis, and travel back in time even further to 2006 to hear Jean-Michels views on the ‘Sector Inquiry’ he contributed to at the time, and how those experiences relate to present day.

The full report can be found here: cadmus.eui.eu/bitstream/handle/1…ence=1&isAllowed=y