For some time now, CEPS has participated in a project funded by the European Commission called 'Adaptation and Mitigation Strategies: Supporting European Climate Policy' (ADAM). One research stream within the ADAM project focuses on the implications of mitigation and adaptation strategies for...

This Policy Brief looks at a concrete proposal on how to use markets to secure against risks in European gas supplies. Its aim is to come up with a crisis response mechanism to gas disruptions, which is still missing in the current Directive 2004/67/EC concerning measures to safeguard security...

The EU emissions trading scheme (EU-ETS) introduced in 2005 is the only mandatory cap-and-trade system operating in the world today. Lessons could be taken from the EU stance which allows for flexibility in rules and realises emission reductions with firm commitments by stakeholders.This CEPS...