IAM COMPACT , our new project funded under the European Union’s Horizon Europe Research and innovation funding programme has officially kicked-off!
Vision & aim: The project’s vision is to expand the modelling comfort zone to account for deep uncertainties and disruptive events or innovations. To do so, IAM COMPACT aims to support the assessment of global climate goals, progress, and feasibility space, as well as the design of the next round of Nationally Determined Contributions (NDCs) and policy planning beyond 2030 in EU, major emitters, and non-high-income countries, through integrating a diverse ensemble of national and global Integrated Assessment Models (IAMs) and other sectoral energy system models.
The kick-off meeting: During the kick-off meeting, which took place in Glyfada, Greece on the 8th and the 9th of September 2022, an overview of the project’s vision and objectives was provided.
In particular, during the first day, the focus was on presenting main information regarding the participating partners and their role in the project. Representatives from all the 22 partners (universities, research institutions, private organisations & companies, etc.) participated in the meeting and highlighted the expertise of their institution as well as their contribution to the project’s aim.
During the second day, a detailed overview of the project’s workplan was provided through analysing individual Tasks in each Work Package (WP) and the necessary actions to support their implementation and to align with the first year’s Deliverables and Milestones.
Opportunities & challenges: Key highlights of the discussions that took place during the kick-off meeting were the emerging opportunities and challenges that the project will face during the next 3 years.
The development of real-world policy-relevant pathways, the improvement of modelling capacities, and the development of deep-dives into sectoral issues, including electricity markets, transport, industry, etc., were pointed out as important opportunities for the project. On the other hand, some key challenges for the project will be the unpredictability of the next years caused by the impact of the COVID-19 pandemic and the Russian invasion of Ukraine, the energy crisis in the EU, etc.