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Elisabetta Cornago

@elisabettaco.bsky.social
5.1K followers 555 following 197 posts

Economist. Senior Associate at Agora Energiewende, Brussels. Working on EU energy policy, to boost electrification and achieve Europe's climate goals. Previously Centre for European Reform, OECD, IEA, Université Libre de Bruxelles.

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Reposted by Elisabetta Cornago
Ian Bond @cerianbond.bsky.social · 17/09/2026
Just over 24 hours to go! If QMV makes you go "OMG", you can't resist a good trilogue & you read the OJEU while drinking your morning OJ, this may be the job for you
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Centre for European Reform @centreeuropeanref.bsky.social · 14/09/2026
🚨🚨 LAST WEEK TO APPLY: Deadline for applications 18/09/26 🚨🚨 The @centreeuropeanref.bsky.social is looking for an EU institutions & EU politics fellow to join its research team in Brussels. Please see the #job description and details on how to apply below 👇 buff.ly/AbxXqg3
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Centre for European Reform @centreeuropeanref.bsky.social · 06/07/2026
As long as industry receives free EU ETS allowances, this handout should be conditional on recipients investing in clean tech to reduce their EU-originating emissions. New insight by @elisabettaco.bsky.social Read here: buff.ly/iYAV6yt
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Centre for European Reform @centreeuropeanref.bsky.social · 08/07/2026
While worries about the EU’s global competitiveness have taken centre stage at recent EU leaders’ summits, Europe is split over whether it should stay the course on carbon pricing. New @centreeuropeanref.bsky.social insight by @elisabettaco.bsky.social Read here: buff.ly/iYAV6yt
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Ian Bond @cerianbond.bsky.social · 09/07/2026
Excellent piece for @elisabettaco.bsky.social to sign off with, as she leaves @centreeuropeanref.bsky.social for @agoraew.bsky.social . In short, allowing European heavy industry to delay cuts to emissions won't help long-term competitiveness.
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Elisabetta Cornago @elisabettaco.bsky.social · 03/07/2026
A stronger carbon market is necessary for a more competitive European industry Why are we talking about the EU ETS in between a heatwave and the next? A 🧵 about my very final article as my time as energy and climate lead at @centreeuropeanref.bsky.social comes to an end:
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Akshat Rathi @akshatrathi.bsky.social · 17/06/2026
Every country in this list is less dependent on energy imports if it gets on track for a net-zero world, including the US. Though US gains are the least! From BNEF's New Energy Outlook for 2026.
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Akshat Rathi @akshatrathi.bsky.social · 17/06/2026
Worth remembering, gas for power plants is also mainly a US story. The rest of the world is looking elsewhere. From BloombergNEF's 2026 New Energy Outlook:
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Sander Tordoir @sandertordoir.bsky.social · 18/06/2026
John Springford and Anton Spisak have been building thé model to estimate the economic dividends (or not) from different UK-EU reset options. Great to see this work come to fruition. The GuardIan has the write-up of their work. www.theguardian.com/politics/202...
theguardian.com
Rejoining customs union would not fix damage caused by Brexit, research finds
Exclusive: Economists find Brexit caused 12% depression in UK exports, most of which is due to leaving single market
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Elisabetta Cornago @elisabettaco.bsky.social · 18/06/2026
@johnspringford.bsky.social and @antonspisak.bsky.social have fresh analysis on the cost of Brexit 10 years after the Brexit referendum 👇
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Elisabetta Cornago @elisabettaco.bsky.social · 27/05/2026
What can we learn from Europe's success stories in tech? What elements of their innovation pathways can be replicated in today's environment and what cannot? My colleague @james-r-green.bsky.social discusses it all in a new insight @centreeuropeanref.bsky.social.
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Centre for European Reform @centreeuropeanref.bsky.social · 27/05/2026
Brad Setser con il @sandertordoir.bsky.social ha tracciato per il @centreeuropeanref.bsky.social un quadro approfondito di quanto sta accadendo, in particolare, fra la Cina e la Germania. Ma la loro lezione si applica in genere all'intera UE e, in maniera molto specifica, all'Italia.
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La Cina si sta mangiando il Made in Italy (e l’Europa): perché abbiamo paura di difenderci?
La crescita cinese non garantisce affatto nuovi mercati all’Europa. Semmai, il contrario. La Cina sta metodicamente espellendo i produttori europei, ecco come
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Elisabetta Cornago @elisabettaco.bsky.social · 27/05/2026
Last week to apply! Economists with EU energy and climate policy in your heart and mind, do apply 👇
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Elisabetta Cornago @elisabettaco.bsky.social · 25/05/2026
Il governo sta spendendo un sacco di soldi per ridurre il prezzo dei carburanti: www.ilpost.it/2026/05/24/m....
ilpost.it
Il governo sta spendendo un sacco di soldi per ridurre il prezzo dei carburanti
Finora quasi 1,8 miliardi di euro, presi dai vari ministeri che hanno dovuto ridimensionare i loro progetti
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Elisabetta Cornago @elisabettaco.bsky.social · 20/05/2026
Berlin's dragging its feet in properly addressing the China shock is also holding back the EU. Sander and Brad analyse the second China shock and its impact on the German economy in a new paper 👇
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Anton Spisak @antonspisak.bsky.social · 19/05/2026
We're a small team @centreeuropeanref.bsky.social, but we do lots of fascinating policy work on important issues, in an intellectually rich and autonomous environment. What's not to like? Come and join us, or please spread the word.
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Anton Spisak @antonspisak.bsky.social · 19/05/2026
3. Operations and finance manager, a 11-month maternity cover based in London Closing date: Monday 1 June www.cer.eu/job/finance-...
cer.eu
Finance and Operations Manager - Maternity cover
During the maternity leave of our director of finance and operations, we are seeking a finance and operations manager to work closely with the assistant director to support and manage our small, colla...
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Anton Spisak @antonspisak.bsky.social · 19/05/2026
2. Research fellow in European clean industrial policy, to be based in Brussels or London Closing date: Friday 29 May www.cer.eu/job/research...
cer.eu
Research fellow – economics, climate and industrial policy
The CER is looking for a economics, climate and industrial policy fellow to join its research team.
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Anton Spisak @antonspisak.bsky.social · 19/05/2026
Policy jobs! We have several excellent – and rare – openings at @centreeuropeanref.bsky.social in London and Brussels. 1. Senior research fellow in European energy economics and climate policy, based in Brussels Closing date: Friday 29 May www.cer.eu/job/senior-r...
cer.eu
Senior research fellow – energy and climate economics
The CER is looking for a senior energy and climate economics fellow to join its research team in Brussels.
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Elisabetta Cornago @elisabettaco.bsky.social · 12/05/2026
I was happy to contribute to this NYT story by Eshe Nelson. My main point: I think the shift to EVs, heat pumps and solar panels is likely to be sustained, because there are two factors at play here, driving the behavioural response: the price factor and the shock-awareness factor. 🧵
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Centre for European Reform @centreeuropeanref.bsky.social · 08/05/2026
“Households are now seeing that they are only one Trump-ignited war away from very expensive tank refueling or heating bills,” said @elisabettaco.bsky.social, an energy and climate policy expert at the @centreeuropeanref.bsky.social. www.nytimes.com/2026/05/08/b...
nytimes.com
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Centre for European Reform @centreeuropeanref.bsky.social · 21/04/2026
The #Hormuz blockage is keeping 20% of global oil supply off the global market: this amounts to an annual loss of up to 1,000 million tonnes of oil exports. @centreeuropeanref.bsky.social insight by @elisabettaco.bsky.social and @johnspringford.bsky.social Read here: buff.ly/7gKy4VB
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Zselyke Csaky @zecsaky.bsky.social · 17/04/2026
For a detailed analysis of what Orban’s departure means for Hungary and what the EU should do now, read this @centreeuropeanref.bsky.social insight www.cer.eu/insights/wha...
cer.eu
What Orbán’s departure means for Hungary and for Europe
Hungary’s voters have ended Viktor Orbán’s 16-year rule. Tisza’s win is a unique chance to restore democracy – and a time-limited opportunity for the EU to emerge stronger. 
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Zselyke Csaky @zecsaky.bsky.social · 16/04/2026
Magyar needs the EU but the EU needs Magyar, too. And in this mutual dependency, neither should lose sight of the rule of law. That's what I'm arguing in this @financialtimes.com op ed www.ft.com/content/8800...
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Zselyke Csaky @zecsaky.bsky.social · 15/04/2026
Reposting my longer analysis on the Hungarian election outcome & implications for Europe from yesterday. Two key arguments: ◾Magyar has the mandate to rebuild democracy but it will not be a fast process – nor should it be ◾The EU shouldn't drop the ball. Monitoring is key www.cer.eu/insights/wha...
cer.eu
What Orbán’s departure means for Hungary and for Europe
Hungary’s voters have ended Viktor Orbán’s 16-year rule. Tisza’s win is a unique chance to restore democracy – and a time-limited opportunity for the EU to emerge stronger. 
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Centre for European Reform @centreeuropeanref.bsky.social · 15/04/2026
If the #Hormuz strait remains closed, European governments should avoid the huge fossil fuel subsidies they provided in 2022, argue @elisabettaco.bsky.social and @johnspringford.bsky.social in their new @centreeuropeanref.bsky.social insight. Read here: buff.ly/7gKy4VB
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Centre for European Reform @centreeuropeanref.bsky.social · 15/04/2026
"Europe’s gas and electricity price rises have been modest so far, but we should not expect that to continue if the strait remains closed," @elisabettaco.bsky.social and @johnspringford.bsky.social wrote for the @centreeuropeanref.bsky.social think-tank. buff.ly/xTCbZmm
euronews.com
Energy prices set to rise as last Gulf Tankers reach Europe
Energy analysts have warned of surging energy prices beyond already elevated levels, as the last vessels carrying oil and natural gas from the Strait of Hormuz before the conflict have reached…
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Reposted by Elisabetta Cornago
Sander Tordoir @sandertordoir.bsky.social · 13/04/2026
This is the paper to read on the implications of the Hormuz energy shock for the European economy - and how to cushion the blow most effectively. The core idea - to draw lessons from the flaws of the 2022-2023 response - is spot on. By my colleagues Elisabetta and John. www.cer.eu/insights/ene...
cer.eu
Energy shock 2.0: Lessons from 2022 for the Hormuz crisis
If the Strait of Hormuz stays closed, Europe will face as serious an energy crisis as it did in 2022. This time, energy poverty policies must be more targeted, and electrification more ambitious.
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Elisabetta Cornago @elisabettaco.bsky.social · 14/04/2026
Excellent point by @bxlthor.bsky.social -- over the 2022-23 energy crisis, EU government's emergency measures cost them *three* times the current EU annual budget.
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Reposted by Elisabetta Cornago
Thorfinn Stainforth @bxlthor.bsky.social · 14/04/2026
We really need to stress how expensive it is to keep bailing out fossil fuel users! - In 2022-23 EU governments spent €540 billion on emergency measures to lower energy bills – most of which were untargeted measures to lower prices. - Looks like we may be headed down a similar road again.
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Reposted by Elisabetta Cornago
Centre for European Reform @centreeuropeanref.bsky.social · 14/04/2026
Europe's #gas and #electricity price rises have been modest so far, but we should not expect that to continue if the strait remains closed. #Hormuz New @centreeuropeanref.bsky.social insight by @elisabettaco.bsky.social and @johnspringford.bsky.social Read here: buff.ly/7gKy4VB
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James Green @james-r-green.bsky.social · 14/04/2026
For the second time this decade, Europe is facing an energy crisis. Policy-makers should- -Encourage the public to reduce energy consumption -Accelerate Europe’s electrification -Provide targeted support to households Excellent piece by @elisabettaco.bsky.social & @johnspringford.bsky.social
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John Springford @johnspringford.bsky.social · 14/04/2026
It's *really* important that diplomacy to open the Strait of Hormuz succeeds. @elisabettaco.bsky.social and I think long-term closure of the strait would lead to an energy shock of a similar scale to 2022, but with weaker domestic demand www.cer.eu/insights/ene...
cer.eu
Energy shock 2.0: Lessons from 2022 for the Hormuz crisis
If the Strait of Hormuz stays closed, Europe will face as serious an energy crisis as it did in 2022. This time, energy poverty policies must be more targeted, and electrification more ambitious.
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Elisabetta Cornago @elisabettaco.bsky.social · 13/04/2026
@johnspringford.bsky.social has more on the macroeconomics of this fossil fuel shock below 👇
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Ian Bond @cerianbond.bsky.social · 13/04/2026
Extremely important and timely piece by my colleagues @elisabettaco.bsky.social & @johnspringford.bsky.social .
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Centre for European Reform @centreeuropeanref.bsky.social · 13/04/2026
In a new @centreeuropeanref.bsky.social insight, @elisabettaco.bsky.social and @johnspringford.bsky.social find that if the Strait of #Hormuz remains closed, the energy crisis could be worse than it was in 2022. #energycrisis Read here: buff.ly/7gKy4VB
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Elisabetta Cornago @elisabettaco.bsky.social · 13/04/2026
New insight from @johnspringford.bsky.social and me. Second fossil fuel crisis in 5 years, and again due to a war someone else started - a bitter déjà vu for Europe. Governments be drawing the right lessons from the 2022-23 crisis, and design policy support accordingly.
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Elisabetta Cornago @elisabettaco.bsky.social · 07/04/2026
Really? No comment?
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Centre for European Reform @centreeuropeanref.bsky.social · 02/04/2026
The failure of the #WTO 'reform ministerial' exposed just how hard meaningful reform has become. But it also revealed where the multilateral trade system may be heading next. New @centreeuropeanref.bsky.social insight by @antonspisak.bsky.social Read here: buff.ly/ozfBGS1
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Ian Bond @cerianbond.bsky.social · 01/04/2026
Spread the word. I've had the privilege of working for @cergrant.bsky.social, @centreeuropeanref.bsky.social's founding director, for 13 years. After 28 years in charge, he will step down at the end of the year. It will take someone with outstanding qualities to replace him. Details on our website.
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Elisabetta Cornago @elisabettaco.bsky.social · 01/04/2026
The Hungarian election is coming up, and there is some hope for the opposition party. What are the implications for the EU? My brilliant colleague @zecsaky.bsky.social has got you covered with everything you need to know 👇
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Charles Grant @cergrant.bsky.social · 16/03/2026
Here are 10 consequences of the US-Israel attack on Iran - a thread. US soft power is damaged. To launch an attack without clear aims or an exit strategy has upset allies - in Europe, Gulf & Asia - who must bear the economic, political and military consequences. /1
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Elisabetta Cornago @elisabettaco.bsky.social · 09/03/2026
The fossil fuel shock has asymmetric impacts across regions -- US/Canada much less affected as net exporters. China/Korea/Japan highly dependent on imported oil/gas, but less exposed than Europe. www.ft.com/content/9c17...
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Elisabetta Cornago @elisabettaco.bsky.social · 06/03/2026
No better time for Europe to take electrification seriously - which is why I am excited to moderate a discussion on Europe's power as an electrostate with @adrianhiel.bsky.social, @tpellerincarlin.bsky.social, Paula Rey Garcia and Frauke Thies. Join us on March 18!
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Centre for European Reform @centreeuropeanref.bsky.social · 05/03/2026
"The closure of Qatari LNG facilities and disruption in the Strait of Hormuz are affecting a large chunk of global LNG supply," said @elisabettaco.bsky.social, assistant director at the @centreeuropeanref.bsky.social. www.euronews.com/my-europe/20...
euronews.com
Iran war revives spectre of energy crisis in Europe
The European Union is staring down the prospect of a new energy crisis as the United States and Israel wage war on Iran, rattling gas markets. #EuropeNews
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Sander Tordoir @sandertordoir.bsky.social · 04/03/2026
New piece on Chinese tech investment in Europe — fittingly out the day the Commission publishes the Industrial Accelerator Act, kicking off months of legislative wrangling. A look at the data and recent cases shows Europe has learned to block Chinese takeovers of tech & semiconductor assets. 1/
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Jan Rosenow @janrosenow.bsky.social · 04/03/2026
Europe remains one of the economies most exposed to volatility in global energy markets. The EU still depends on imported fossil fuels for close to 60% of its energy needs. Among large economies, only Japan and South Korea have higher levels of energy import dependence.
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FT Edit @ftedit.ft.com · 03/03/2026
Conflict in the Middle East has sent gas prices surging across Europe and Asia. But the spike remains modest compared with 2022 when Putin's Ukraine invasion sent prices almost seven times higher. Read the full story on #FTEdit 👉 How serious is the Middle East gas price shock? ft.trib.al/K7RVfvL
Three side-by-side line charts titled “Natural gas prices have surged in Europe and Asia this week”, showing daily prices rebased to 100 in September 2025.

In Europe and the UK, prices hover around 100 through autumn 2025, dip below 90 around January 2026, then spike sharply in early March 2026 to roughly 180–195.

In Asia, prices follow a similar pattern but rise less steeply, climbing from around 100 to about 130–135 in early March 2026.

Sources: Refinitiv and S&P Global Energy.Two-panel line chart titled “The natural gas price rally still has a long way to go to match 2022”.

Top panel shows the European benchmark gas price over the past six months (€/MWh), fluctuating mostly between €27 and €35 before rising sharply in late February 2026 to about €58.

Bottom panel shows weekly prices over the past five years. Prices surge dramatically in 2022, peaking above €300 per MWh, then fall back and stabilise mostly between €20 and €60 through 2023–2025. The recent 2026 uptick, marked on the far right, remains far below the 2022 peak. Source: Refinitiv.
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Ian Bond @cerianbond.bsky.social · 24/02/2026
I wrote a piece for @centreeuropeanref.bsky.social to mark 4 years of Russia's full-scale war against Ukraine, on lessons European leaders shd learn & the priorities they shd act on. Maybe most important: Europe needs to be on the pitch, not in the stands: Ukraine’s security is our security.
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Ian Bond @cerianbond.bsky.social · 24/02/2026
A pleasure to speak to Victoria Vdovychenko of @camgeopolitics.bsky.social & Andy Hunder of AmCham Ukraine. One point that jumped out at me: the extent to which Putin has targeted US investments in Ukraine (factories etc). One might have thought that the US president would tell him to stop, but...🤷
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