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Welcome to <strong>POWER</strong>-<strong>GEN</strong> <strong>Europe</strong><br />
Thorsten Herdan, Managing Director, VDMA Power Systems<br />
Dear Colleagues,<br />
On behalf of VDMA Power Systems, the German information and communication platform for the<br />
manufacturers of gas and steam turbines, engine systems, hydropower, wind energy plants as well as fuel cells,<br />
we would like to invite you to the 20th <strong>POWER</strong>-<strong>GEN</strong> <strong>Europe</strong> and it’s co-located events in Cologne.<br />
The further development of power systems will be characterised by growth: The global demand for energy<br />
will continue to grow, as will the world-wide demand for e�cient and environmentally-friendly energy<br />
technologies. According to the VDMA power mix study, it can be expected that the construction of 800 GW of<br />
new electricity generating capacity will be needed in <strong>Europe</strong> alone in the period leading up to 2030. This will<br />
provide an ideal basis for the successful transformation of the <strong>Europe</strong>an electricity market.<br />
This need for new construction will require investment of more than €1000 billion over the next 20 years and<br />
will represent excellent growth opportunities for the industry.<br />
However, this also highlights the industry’s responsibility towards the provision of cost-e�cient and futureorientated<br />
solutions. The VDMA experts’ forecast emphasizes the necessity of making use of all available energy<br />
sources and technologies. During the period up to 2030, renewable energy’s share of the <strong>Europe</strong>an electricity<br />
generation mix will triple in comparison to 2007, from 16 per cent to 48 per cent. This will be backed by a supply<br />
mix in which 33% of the total demand for electricity is supplied by fossil-fuel power plants with a further 19 per<br />
cent being supplied by nuclear plants in order to ensure <strong>Europe</strong>an supplies in the long-term.<br />
However this ambitious development will only be possible with the expansion of the use of renewable energy<br />
sources as well as new build e�cient and �exible conventional power plants. The development of new storage<br />
methods to cover �uctuations in generation will also be needed. Furthermore, it will be necessary to decisively<br />
drive forward the conversion of the electricity supply grid, speed up permitting procedures and increase energy<br />
e�ciency in the various <strong>Europe</strong>an economies. Only in this way security of electricity supply can be assured in<br />
<strong>Europe</strong> in the long term.<br />
Ultimately, however, the development of an electricity mix will be in�uenced principally by the energy-policy<br />
parameters and market design within individual EU member states as well as the legal framework speci�ed by<br />
the EU as a whole. EU energy-policy parameters must be consistent in their formulation.<br />
In order to meaningfully discuss potential future technical trends and solutions, the industry needs a platform,<br />
which is widely accepted and well recognized by all stakeholders. In 2012, the co-located <strong>POWER</strong>-<strong>GEN</strong> <strong>Europe</strong>,<br />
Renewable Energy World <strong>Europe</strong> and Nuclear Power <strong>Europe</strong> events once again provide the premier <strong>Europe</strong>an<br />
platform for the energy industry. The number of exhibitors already committed to a presence this year con�rms<br />
this view. We wish all exhibitors and visitors a successful conference and exhibition this year, interesting<br />
discussions and contacts and, above all, a good business.<br />
Kind regards,<br />
Thorsten Herdan<br />
Managing Director, VDMA Power Systems<br />
www.powergeneurope.com 5