On 3rd July 2017 one of our partners in MEDEAS consortium, Margarita Mediavilla, from UVa, traveled to Bilbao (Spain) to meet the members of TRANSriskproject (Transitions pathways and risk analysis for climate change mitigation and adaption strategies). TRANSrisk is a research project that started in September 2015 under the umbrella of the EU Horizon 2020 program and shares several goals and objectives with MEDEAS. Its aim is to create a novel assessment framework for analyzing costs and benefits of transition pathways, where uncertainty is at the heart of policy design rather than accounted for through sensitivity analysis at the end of the analysis.
Margarita Mediavilla attended one of the meetings that the Basque Centre for Climate Change (BC3) hosted in its headquarters in Bilbao with several members of TRANSrisk consortium. She gave a talk on “Assessing the risks of a 100% renewable energy transition in the EU” explaining the objectives of MEDEAS project and showing the recent results of UVa’s group in relation to MEDEAS-World model. Moreover, she participated in an open discussion on the ways TRANSrisk and MEDEAS projects have learned from the risk associated to the transition to a low carbon economy.