Global Study on Green Industrial Policy for Energy Transition

Governments are utilizing industrial policy to promote low-carbon economic sectors and facilitate the energy transition based on a study outlining different green industrial policy approaches. Energy aggregators are playing a crucial role in managing flexible power loads and monetizing assets for businesses and households, as exemplified by National Grid's successful demand flexibility services expansion. MEPs in the European Parliament are focusing on energy and environment issues, with key committees being Industry, Research and Energy (ITRE) and Environment (ENVI). Discussions are ongoing regarding the potential implementation of carbon tariffs in the U.S., supported by both conservative and bipartisan efforts. Public resistance to climate change policies affecting natural gas availability is evident, with Washington state witnessing a significant pushback against measures limiting natural gas use in favor of electricity.