The decarbonisation of the EU economy requires immediate action to avoid methane emissions. Methane is a potent greenhouse gas (GHG), but if captured, it provides economic value to energy production. The EU efforts to decarbonise its energy system have so far mostly been concentrated on CO2 emissions mitigation. The Regulation (EU) 2018/1999 on the Governance of the Energy Union requires the European Commission to propose the EU strategic plan for methane, which will become an integral part of the EU long-term climate strategy. Methane emissions accounted for 11% of total EU GHG emissions in 2016 with agriculture, waste and energy sectors as the major sources. Since the mid-1990s methane emissions have been decreasing, partly due to the adoption of the first EU methane strategy published in 1996. However, the 1996 strategy was not a complete success, since it failed to bring about the expected level of emission cuts. Based on the analysis of lessons learned, the authors propose that the new EU methane strategy should adopt a new approach based on: a more transparent framework at international, EU and national levels; better coordination of policy measures targeting emissions in agriculture, waste and energy sectors, given that captured methane is a source of energy; setting a EU methane intensity target, which could be included in the revised EU climate pledge – Nationally Determined Contribution – which needs to be submitted by 2025; cooperation with key EU gas suppliers to obtain accurate estimates of gas industry emissions across the entire gas supply chain. It is important that these data are aggregated not only at a corporate, but also a national level to ensure that national policies and regulations are based on accurate methane estimates.
Following the EMD reform of 2024, the Commission is tasked to publish a report on the ‘possibilities of streamlining and simplifying the process of applying for a capacity mechanism’ by [...]
Capacity mechanisms are gaining momentum in Europe, and the latest EU electricity market reform further reinforces their role. The negative externalities exerted by these national mechanisms in interconnected zones might, [...]
The European Commission has confirmed plans to enshrine a 90% greenhouse gas (GHG) reduction target by 2040 into law, in line with the European Climate Law’s goal of achieving climate [...]
With 2023 being the hottest year documented and global emissions remaining at record-high levels, we are reminded about the importance of translating climate commitments into effective policies – across both [...]
This report summarises the insights collected during the workshop on “The role of carbon markets in reaching carbon neutrality”, which took place in June 2024. This workshop was part of [...]
The report prepared by Mr Draghi, former President of the European Central Bank and former Prime Minister of Italy, to the European Commission entitled “EU competitiveness: Looking ahead” (“the Draghi [...]
Join our community
To meet, discuss and learn in the channel that suits you best.