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This year鈥檚 SITE Development Day conference will focus on the Russian war on Ukraine. We will discuss the situation in Ukraine and neighbouring countries, how to finance and organize financial support within the EU and within Sweden, and how to deal with the current energy crisis.

Against the background of fast rising gasoline and diesel prices in 2022, a number of European countries have reduced fuel tax rates, often in the form of temporary 鈥済as tax holidays鈥�. In this policy brief, SITE researchers Julius Andersson and Celina Tippmann, analyse the tax incidence by comparing the gasoline price development in Sweden to that in Denmark, where the fuel tax rate remained unchanged.

The concern of Russian gas supply disruption and its implications has never been as serious. Chlo茅 Le Coq, Professor at the University of Paris II Panth茅on-Assas (CRED) and a Research Fellow at the Stockholm Institute of Transition Economics (SITE), discusses how nudging energy consumers to lower their demand may support the plans of the European Commission (EC).

The recent record-high gas prices have triggered legitimate concerns regarding the EU鈥檚 energy security, especially with dependence on natural gas from Russia. This brief discusses the historical and current risks associated with Russian gas imports. SITE researchers Chlo茅 Le Coq and Elena Paltseva argue that decreasing the reliance on Russian gas may not be feasible in the short-to-mid-run, especially with the EU鈥檚 goals of green transition and the electrification of the economy. To ensure the security of natural gas supply from Russia, the EU has to adopt the (long-proclaimed) coordinated energy policy strategy.

The need for urgent climate action and energy transformation away from fossil fuels is widely acknowledged. Yet, current country plans for emission reductions do not reach the requirements to contain global warming under 2掳C. What is worse, there is even reasonable doubt about the commitment to said plans given recent history and existing future investment plans into fossil fuel extraction and infrastructure development. This policy brief shortly summarizes the presentations and discussions at the SITE Development Day Conference, held on December 8, 2021, focusing on climate change policies and the challenge of a green energy transition in Eastern Europe.

Policy brief: As the dramatic consequences of climate change are starting to unfold, addressing the intermittency of low-carbon energy sources, such as solar and wind, is crucial. The obvious solution to intermittency is energy storage. However, its constraints and implications are far from trivial. Developing and facilitating energy storage is associated with technological difficulties as well as economic and regulatory problems that need to be addressed to spur investments and foster competition. With these issues in mind, the annual Energy Talk, organized by the Stockholm Institute of Transition Economics, invited three experts to discuss the challenges and opportunities of energy storage.

This year鈥檚 SITE Energy Talks 鈥� Energy Demand Management: Insights from Behavioral Economics, was devoted to discussing how consumers make energy efficiency decisions and what incentives can be used to change consumer behaviour.

Thomas Sterner, Professor of Environmental Economics at the University of Gothenburg, gave a presentation on technological development, geopolitical and environmental issues in our energy future at SITE Energy Talks, concerning the rapidly increasing level of carbon content, new technological development, the impact of low oil prices and the most promising ways to stop emissions.

The 11th SITE Energy Talks on the 24th of October will be devoted to discussing the technological development of energy industry and, geopolitical and environmental challenges in our energy future.

by Chlo茅 Le Coq (with Henrik Orzen and Sebastian Schwenen), published in the Journal of Regulatory Economics