Conall Heussaff

🇮🇪 Research Analyst, Energy and Climate Policy 💡 @bruegel_org

[Conall Heussaff @c_heussaff]

🆕@Bruegel_org: Europe’s 2040 climate target faces four critical risks. How can they be managed?🌍
With PRISMA project colleagues: @GunnarLuderer, @RobertPietzcker, @JohannesEmm, Rupert Way, Renato Rodrigues and Severin Reissl.
https://t.co/XOOylFiG9R

[The Parliament Magazine @Parlimag]

In a recent op-ed, @Bruegel_org’s @c_heussaff argues that a 2040 emissions target could be at the heart of the EU's climate goals. But addressing trade, economic and social risks is key to its success. https://t.co/TETWgctR1X

[Ben McWilliams @McwilliamsBen]

Cooperation with the EU on energy & climate issues just became a lot more attractive for the UK and Labour Party.

With @c_heussaff @Tagliapietra_S we shared some first thoughts on how this might look

https://t.co/vZBB1SM5Yw

[Conall Heussaff @c_heussaff]

@RichardOllingtn @jackrdsn @DrSimEvans Another driver may be how the UK allocates costs between consumers (e.g. household, small business and industrial). In Germany's case, households pay nearly twice as much per unit compared to industrial. I have not checked for UK but they might follow a "fairer" allocation

[Conall Heussaff @c_heussaff]

Required reading for those trying to make sense of the US election result in the frame of EU and global energy and climate policy, by my colleagues @Tagliapietra_S and @CeciliaTrasi

[Simone Tagliapietra @Tagliapietra_S]

NEW 🚨 What does Trump’s return imply for EU energy and climate policy? A first assessment.

@Bruegel_org @CeciliaTrasi

https://t.co/W1qZo0CaMI

[Ben McWilliams @McwilliamsBen]

🆕Interesting research finds a tripling in smart energy tariffs available for European consumers.

Flexible demand is crucial for future system of EVs, heat pumps and renewables

[Ben McWilliams @McwilliamsBen]

🆕 Companies in the USA are investing more (≈ 2bn quarterly) into solar manufacturing facilities than European counterparts since the announcement of the inflation reduction act.

A finding from joint research with @rhodium_group and @Bruegel_org available 👇

https://t.co/0NMHAVPQrz

[Conall Heussaff @c_heussaff]

Another reason for energy transition optimism: the Global South is adding renewables to its electricity mix at a much faster rate than the Global North.

- from the RMI's 'Powering Up the Global South' report, https://t.co/bpMbwSgi70

[Cecilia Trasi @CeciliaTrasi]

The green transition demands strategic collaboration. The Clean Trade and Investment Partnerships offer a promising path. Yet, governance gaps must be addressed to ensure their full potential. With @Tagliapietra_S
https://t.co/2pMFSP1oIJ

[Conall Heussaff @c_heussaff]

@Peters_Glen Fully agree that data centres are small fry on a global level (at least until 2030), although their demand is very localised and can cause issues for specific countries and systems if not properly managed (like in my native Ireland where DCs are 21% of power demand)

[Georg Zachmann @GeorgZachmann]

.@Keliauskaite and myself discuss three options on the future of Ukrainian gas transit:
1) no more transit
2) Azeri-mirrage
3) tight EU framework

As 1) is politically very challenging, 2) is too 'dirty', 3) Vol-limits and tariffs might be a compromise.
https://t.co/YK3FniVitQ

[Colin Mckerracher @colinmckerrache]

Here's where EV adoption sits today.

[Fatih Birol @fbirol]

After the Age of Coal & Age of Oil, the world is moving rapidly into the Age of Electricity ⚡️

Electricity has recently grown 2x as fast as total energy demand. But from now to 2035, it's set to grow 6x as fast, driven by EVs, ACs, chips, AI & more

More: https://t.co/fggEfiaGJ5

[Conall Heussaff @c_heussaff]

Looking forward to presenting this morning at ECEMP on our stakeholder engagement strategy in @iam_compact

[IAM COMPACT @iam_compact]

📢#ECEMP2024 is here! Let's meet!
🪧Room 1: Energy Policy
🕙11:30-13:00 (Parallel Sessions I)
🎓Session: Advancing policy-relevant, stakeholder-driven integrated assessment modeling through a novel approach: the Policy Response Mechanism!
🧐 Presenter: @c_heussaff
#iamcompact

[IAM COMPACT @iam_compact]

#SaveTheDate | The 2024 edition of the European Climate and Energy Modelling Forum (#ECEMP2024) is starting tomorrow and @iam_compact will be there!
✨Don't miss out our sessions!✨
#iamcompact #energymodeling #climatechangemitigation
#ClimateCrisisAction

[Conall Heussaff @c_heussaff]

Essential clean techs continue to slide down the cost curve, as pointed out by my colleague Jacob below.
This is perhaps the best reason for optimism about the energy transition, as we point out in our recent paper on the EU's bold 2040 climate target⬇️
https://t.co/XOOylFjdZp

[Jacob F Kirkegaard @jfkirkegaard]

Probably the best news you’ll read today - @GoldmanSachs projecting another almost 50% decline in EV battery packs by 2026. EV total price to drop what 1/3 in price just from that? EV transition will accelerate, oil will never recover losing transportation sector demand #peakoil

[Simon Evans @DrSimEvans]

WOW – The IEA has boosted its latest renewable forecast by another 16%

Just 9 months ago, in January 2024, its Renewables 2023 report forecast 3,200GW of capacity – mainly wind and solar – would be built around the world during the five years 2024-2028.

Now, in Renewables 2024, it's significantly increased that forecast, to 3,700GW over the same five years – and a massive 5,500GW by 2030.

It's now forecasting two-thirds more renewable capacity being built than just two years ago.

https://t.co/nO2vaQ8Blx

[Ben McWilliams @McwilliamsBen]

📰 Identifying areas for EU-UK energy and climate cooperation w/ @c_heussaff @Tagliapietra_S @Bruegel_org

1⃣ Electricity markets (push for smooth trade)
2⃣ Carbon markets (avoid unhelpful trade barriers)
3⃣ International climate diplomacy (leverage shared ambition)

More details on all at https://t.co/0dGHrYQoUO

[Conall Heussaff @c_heussaff]

Ireland is a global leader when it comes to the technical challenge of integrating variable renewables into the power sector 🇮🇪

- from the @IEA Renewables 2024 report

[Conall Heussaff @c_heussaff]

🆕@Bruegel_org: Europe’s 2040 climate target faces four critical risks. How can they be managed?🌍
With PRISMA project colleagues: @GunnarLuderer, @RobertPietzcker, @JohannesEmm, Rupert Way, Renato Rodrigues and Severin Reissl.
https://t.co/XOOylFiG9R

[PubAffairs EU Debates, News & Opinions 🇪🇺 @PubAffairsEU]

[Policy Brief] #Energy & #Climate: #Europe’s 2040 climate target: four critical risks and how to manage them, by @c_heussaff, @JohannesEmm, @GunnarLuderer, @RobertPietzcker, Severin Reissl, Renato Rodrigues & Rupert Way | Bruegel
https://t.co/7wgp5VUcop