CAKE on V TECHCO Forum
On 27-th of November 2024, representatives of KOBIZE/CAKE had the opportunity once again to participate in the next 5th edition of the TECHCO FORUM Conference organized by the Polish Chamber of Chemical Industry in a thematic block devoted to energy transition – regulations, costs and technologies.
Maciej Pyrka, Head of the Strategy, Analysis and Auction Team of KOBIZE/CAKE gave a presentation entitled. “EU ETS Reform after 2030: “Challenges and Opportunities on the Road to Climate Neutrality.” In his presentation, he outlined the current challenges in EU climate policy and regarding the future of the EU ETS, the depletion of the allowance pool by around 2040, possible solutions such as the establishment of a European Central Carbon Bank (ECCB), and presented the latest results of the work and analysis of CAKE and LIFEVIIEW2050.
- A new analysis developed by CAKE as part of the LIFE VIIEW2050 project – “LINKING EU ETS WITH OTHER CARBON PRICING MECHANISMS” is available at the LINK
- The recording of the part titled. “EU ETS Reform Beyond 2030: Challenges and Opportunities on the Road to Climate Neutrality” is available: LINK
Robert Jeszke, Deputy Director of IOŚ-PIB, CEO of KOBIZE/CAKE was one of the speakers in the panel discussion: “Regulatory environment in the context of Polish industry determinants: RED III, EUETS, CBAM – challenges, opportunities, forecasts, strategies”. During his speech, he stressed the need to increase the competitiveness of the European Union in the area of new technologies, which are the foundation of a low-carbon economy. He also pointed out the key role of low-cost hydrogen electricity and energy storage, enabling efficient use of surplus production from RES. He pointed out that in the long term, national surpluses of energy from RES can be achieved with the support of nuclear power, which will provide a stable base for the energy system. In addition, he pointed to the need to develop a hydrogen economy, while warning of the risk of dependence on hydrogen imports from outside Europe, which could lead to a repeat of the problems known from the gas sector. He also stressed the importance of CO₂ sequestration technologies, which will help offset the EU’s remaining emissions and possibly reduce costs in the EU ETS (if included in the system), and pointed out that the development of new technologies will require access to rare earth resources. In the context of climate policy, he pointed out that it can become an opportunity to build the competitiveness of EU industry if it focuses on investing in low-carbon and innovative technologies needed for the future. Poland and Europe need to develop innovative industrial sectors, go beyond the patterns and build competitive advantages in key areas.
- For more information, visit the website of the Polish Chamber of Chemical Industry: Strona główna | TECHCO Forum
- Agenda: Agenda 2024 | TECHCO Forum