To reach net zero as required by the EU Climate Law of 2021, the scale of investment in Europe (and across the globe) must be drastically ramped up in the last half of this decade. Interim targets have already been missed. The challenges to raise the predicted investments of over 650 billion euros – a large percentage of which must be mobilised by the private sector – requires an urgent rethink of the role of commercial long-term contracts in securing rapid and deep decarbonisation in the energy transition. This article contends that a new approach to long-term contracts in European competition policy must be urgently developed, based on new facts, new realities and a revised reasoning.
Electrification has moved from a sectoral aspiration to the backbone of the European Union’s decarbonisation strategy, because it alone enables a sustainable break with imported fossil fuels. Yet as this [...]
The energy consumers are entering a new era of digitalisation in the energy market, and as a result, gaining access to innovative offers and services that were before non-existent to [...]
The literature on a ‘just transition’ has grown exponentially over the last decade. The success of the just transition scholarship is due to the earlier endorsement and dissemination of a [...]
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