Copyright

Andrea Brasili; Bertrand Magné; Ege Öndeş; Debora Revoltella; Annamaria Tueske

Published On

2025-12-08

Page Range

pp. 13–28

Language

  • English

Print Length

16 pages

1. An EU-wide Perspective on Public Investment in the Energy Transition

Chapter of: More with More: Investing in the Energy Transition: 2025 European Public Investment Outlook(pp. 13–28)
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.

Contributors

Andrea Brasili

(author)
Senior Economist at European Investment Bank
https://orcid.org/0000-0002-6917-4194

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

(author)
Senior Economist at European Investment Bank

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

(author)

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

(author)
https://orcid.org/0000-0002-8193-9399

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

(author)
https://orcid.org/0009-0005-7544-0400

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.