|
Session |
back |
| Tuesday 1 April 2008 |
|
|
|
| |
 |
|
Introduction
Recent events have demonstrated how the price of energy can be highly volatile, and that it is necessarily dependent on a multiplicity of factors. In some cases these are totally external to the traditional play of supply and demand. In electricity, gas and emissions markets across the European Union price now depends in part on unpredictable policy decisions, rapidly changing regulatory rules and imperfectly harmonised transmission access mechanisms.
EFET member companies are active in calling for an end to the uncertainty attributable to policy inconsistencies, for greater trust in the functioning of wholesale markets and for regulatory regimes, which deliver clearer signals for investments. In this 2nd annual Summit for energy trading and origination managers, we shall debate how EU policy, or at least the imperfect manner of its implementation in individual European countries, may continue to jeopardise the natural development of European energy markets.
|
|
|
|
| 18:00 |
|
Opening session
Trading and Originations Managers’ Survey: results and analysis
Peter Styles, Carmen Oprea, Ilaria Conti, EFET
|
|
|
|
| 20:00 |
|
Dinner
“A third package of electricity and gas liberalisation legislation: Making sure market entrants obtain the access they have always hoped for.”
Guest speaker: Heinz Hilbrecht, Director, DG TREN, European Commission
|
|
Session |
back |
| Wednesday 2 April 2008 |
|
|
|
| |
|
|
|
| 08:45 |
|
Welcome
by Paul Van Son, chairman EFET/ Jan Van Aken, Secretary General EFET
|
| 09:00 |
|
Keynote session: Greater regulatory independence, competence and coordination: milestones on the road to perfect wholesale energy competition?
“Sharpening the focus of energy regulatory intervention across Europe: How ACER could help the market”
Guest speaker: Walter Boltz, Vice-President of ERGEG (European Regulators' Group for Electricity and Gas)
Chair: Peter Cameron, Professor of International Law & Policy, Centre for Energy, Petroleum and Mineral Law and Policy, University of Dundee, UK
Panelist: Jonas Tornquist, Head of Transmission and Regulation, EDF Trading, UK
|
| 10:00 |
|
Power grid access: is a solution in sight for hedging cross border transmission pricing risks?
“What could traders expect the priorities of ENTSO (electricity) to be in the next three years?”
Guest speaker: Pierre Bornard, Chairman of the ETSO (European Transmission System Operators' Association) Steering Committee
Chair: Peter Styles, Board member EFET
Panellists: Juan Alba, Head Regulatory Affairs, Endesa, Spain and
Rupen Tanna, Co-Head Commodities Trading Europe, Merrill Lynch Commodities Europe, UK
|
|
|
|
| 11:30 |
|
Gas hubs – will the EC and ERGEG regional initiatives lead to pricing, which is reliable and transparent, based on greater liquidity?
Guest panellist: Ingolf Hoven, Director of Gas and Oil Trading, E.ON Energy Trading, Germany
Chair: Colin Lyle, Board member EFET
Other panellist: Doug Wood, BP Gas Marketing, UK
|
| 12:15 |
|
The market in EU emissions allowances – a foundation stone for a European energy price index and a reliable indicator for generators considering their post-2012 investments?
Chair: Jorg Spicker, Member of the Board, ATEL Energie, Germany
Guest panelists: Michela Beltracchi, European Policy Coordinator, IETA
Panellists: Paul Dawson, Director, Citi Group, UK
Marc Wallraff, Vice President Commodity Markets, E.ON Energie, Germany
Vera Blei, Editorial Director, European Gas & Power, Platts, UK
|
| 13:00 |
|
Lunch
|
| 14:30 |
|
The value of post-2010 tradable instruments evidencing renewable generation: towards a new EU market in green power?
Chair: Egbert Laege, Director Dispatch and Prompt Trading, E.ON Trading, Germany
Panellists: Claes Hedenström, President RECS (Renewable Energy Certificate System) International
|
| 15:15 |
|
National security concerns, consumer expectations and the pressure of world hydrocarbon demand: the true enemies of progress towards EU price competition in power and gas?
Guest panellist: Alexander Gee, DG Competition, European Commission
Chair: Jan Haizmann, Secretary and Cho-chairman EFET legal Committee and Supervisory Board
Panelist: Jorg Spicker, Member of the Board, ATEL Energie, Germany
|
| 16:00 |
|
Wrap-up session: How can politicians and regulators best contribute to reducing the price uncertainties arising from current European energy policy?
Chair: Peter Cameron
Panellist: Thomas Niedrig, Head Short Term Position Management, RWE Trading, Germany
|
|