Activity Report 2012 - Eurelectric

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EURELECTRIC’s annUaL ConvEnTIon anD ConFEREnCE – IMpREssIons “We urgently need investment in Europe’s transmission and distribution grids, in new power plants, and in innovative technologies like smart grids. But policy as well as regulatory uncertainty is blocking access to capital.…” EURELECTRIC President and CEO of EnEL, Fulvio Conti, thus set the tone of the association’s annual industry event, hosted this year by Maltese member Enemalta on 4-5 June. The conference attracted over 400 delegates from industry, EU and international circles and was sponsored by EURELECTRIC Business Associates Accenture (Gold sponsor), Pöyry (Silver) and Ormazabal (Bronze). Entitled “Politics vs. Industry: on the Cliff Edge – Europe’s new Energy Challenges”, conference debates focused on how to render the industry “investable”, with several keynote speakers calling on EU decision-makers to reassure investors that an integrated and efficient energy market was still at the heart of the EU’s strategy to achieve a sustainable, competitive, low-carbon 46 eurelectric activity report <strong>2012</strong> economy by 2050. The transition to a “new era” for European energy in an increasingly difficult economic, financial and political climate was discussed at length in four specific sessions dedicated to analysing: i) global energy challenges, ii) mismatched European energy/ climate policy instruments, iii) financing of investments, and iv) the role of EU islands as “test beds” for mainland energy solutions. As in the past, the event also included the presentation of a EURELECTRIC industry and student award (see article on page 50). Preparations are now underway for the annual EURELECTRIC conference in Bologna next 3-4 June, hosted by EnEL and entitled “Innovative Investments: Re-energising Europe”.
Welcome and Opening Addresses “The energy sector is faced with increasing policy demands but electricity companies are having problems raising the necessary capital. A clear and stable long-term regulatory framework is key for the power sector to secure the large investments needed.” Fulvio Conti, EURELECTRIC President and CEO of EnEL “Malta is firmly committed to reaching the target of 10% renewables of energy consumption in 2020. But new investments are needed to help electricity prices reach more reasonable and stable levels in the coming years.” Tonio Fenech, Maltese Minister of Finance, the Economy and Investment “Surely the right reaction in the present situation is not to pit industry against politics, but to refocus politics and industry together on the overall objectives for energy policy. [...]The immediate challenge is to make energy markets work in a way which makes sense for suppliers, systems operators and consumers, while at the same time enabling us to stay on the path towards the 2050 low carbon energy objective.” Philip Lowe, Director General of the European Commission’s DG Energy, on behalf of EU Energy Commissioner Günther Oettinger 47
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Page 17 and 18: Allan BAkER is Managing Director -
Page 19 and 20: Energy Roadmap 2050: Testing new wa
Page 21 and 22: Nuclear stress tests: pushing for a
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Page 25 and 26: Wholesale markets: Getting the mark
Page 27 and 28: Interview with Inge BERnAERTS, Head
Page 29 and 30: 10 years EURussia/CIS cooperation
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Page 37 and 38: Should DSOs really be exclusively i
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Page 41 and 42: More specifically, EURELECTRIC beli
Page 43 and 44: EnERGy EFFICIEnCy In June 2011 the
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Page 67 and 68: EURELECTRIC output in numbers In 20

Activity Report 2012 - Eurelectric

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