| Title | 1. An EU-wide Perspective on Public Investment in the Energy Transition |
|---|---|
| Contributor | Andrea Brasili(author) |
| Bertrand Magné (author) | |
| Ege Öndeş (author) | |
| Debora Revoltella(author) | |
| Annamaria Tueske(author) | |
| DOI | https://doi.org/10.11647/obp.0499.01 |
| Landing page | https://www.openbookpublishers.com/books/10.11647/obp.0499/chapters/10.11647/obp.0499.01 |
| License | https://creativecommons.org/licenses/by-nc/4.0/ |
| Copyright | Andrea Brasili; Bertrand Magné; Ege Öndeş; Debora Revoltella; Annamaria Tueske |
| Publisher | Open Book Publishers |
| Published on | 2025-12-08 |
| Long abstract | Staying the course on EU climate ambitions in a context of competitiveness, strategic autonomy concerns, and rising geopolitical tensions implies a fostered deployment of cleaner and more secure energy sources. This requires clarity on the path forward, concerted efforts among stakeholders, and a wise and timely usage of scarce public resources. While investment needs to reach mid- to long-term targets are well documented, details on current investment levels are lacking, thus creating uncertainty about the path on which the EU is embarking. Beyond existing data sources, more systematic and granular data collection on the state and pace of climate and energy transitions and on allocated resources is needed to boost the effectiveness of decision-making. More conducive regulatory frameworks and financing contributions are amongst the priority areas for immediate public intervention. Further, a clearer strategy establishing the respective role of the public and the private sector, but also of the EU and Member States, is key. |
| Page range | pp. 13–28 |
| Print length | 16 pages |
| Language | English (Original) |
Andrea Brasili is a Senior Economist at the European Investment Bank (EIB,
Luxembourg) where his research interests are both micro (firm level) data analysis
and macroeconomic developments, in particular those related to fiscal policy. He
received his PhD in Public Economics from the University of Pavia (Italy). Before
joining the EIB, he worked in the private sector (in Italian banks and asset management
companies) as a research economist, whilst still collaborating within academia.
Bertrand Magné is a Senior Economist in the Economics Department of the European Investment Bank. In 2023, Bertrand was appointed co-rapporteur of the EU Platform on Sustainable Finance and co-led the Subgroup on Monitoring Capital Flows to Sustainable Investments. He specializes in the green transition and policy assessment. He worked previously as Senior Economist and Energy Specialist in various international organizations (including the IEA, the OECD, and the UN). He is an Expert Advisor for the World Economic Forum. Bertrand holds a PhD from Toulouse School of Economics.
Ege Öndeş is a trainee at the European Investment Bank (EIB, Luxembourg) and
holds an MSc in Economic and Social Sciences from Bocconi University. He previously
interned at the European Bank for Reconstruction and Development (EBRD),
co-authoring the Transition Report 2024–2025 chapter on regional inequality and
special economic zones. His recent research focuses on industrial policy, development
finance, and energy transition.
Debora Revoltella has been Director of the Economics Department of the European Investment Bank (EIB) since April 2011. The Department comprises thirty economists and provides economic analysis and studies to support the bank in defining its policies
and strategies. Before joining the EIB, Debora worked for many years at CESEE, was head of the research department in COMIT, and later worked as Chief Economist for CESEE in UniCredit. Debora holds a PhD in Economics and has also worked as Adjunct Professor at Bocconi University. She is a member of the Steering Committees of the Vienna Initiative and CompNet, an alternate member of the Board of the Joint Vienna Institute, and a member of the boards of SUERF and the Euro 50 Group.
Annamaria Tueske is an Economist at the Economics Department of the EIB. Her
current work focuses on public investment, climate and energy economics and
sustainable finance. Prior to joining the EIB, Annamaria worked at the University
of Luxembourg, at the OECD and at the Fiscal Council of Hungary. Her academic
training focused on industrial organization, networks, and transport economics, she
graduated from the Toulouse School of Economics.