5th Annual Baltic Energy Summit (BES)
Special thanks should be given to our official sponsors Gasum , Finland, as well as our associate sponsors: RAO Nordic, Finland and E.ON, Estonia.
After an introduction to the summit by Conference Chairwoman, Ms Laura Huomo (Roschier Attorneys Ltd, Finland), Mr Esa Harmala (Ministry of Employment and the Economy of Finland), Mr Daniel Pavluts (Ministry of Economics of te Republic of Latvia) and Mr Ando Leppiman (Ministry of Economic Affairs and Communications for Estonia) officially opened this year’s conference.
The first feature presentation of the day was provided by Mr Tomas Gardfors (Norton Rose Fullbright LLP, United Kingdom) who gave a regional overview of the Baltic and Nordic energy markets stressing the importance of the legal predictability in energy investments for energy investors, followed by Dr Grzegorz J. Wasiewski's (White and Case, Poland) perspective of the Polish energy market. The following panel discussion facilitated further discussion and analysis of market trends, regulatory changes and opportunities and challenges for investors. This panel, chaired by Mr Gregory Rubinchik (KPMG, Latvia), included representatives from the Estonian Competition Authority, The European Investment Bank (Finland) and The Nordic Investment Bank (Finland).
After a networking coffee break, attendees returned to the conference room for the feature session on ‘Gas Market Developments'. Mr Mario Nullmeier (E.ON Global Commodities, Estonia) and Mr Antero Jannes (Gasum, Finland) each provided feature presentations on the challenges and opportunities faced by the regional gas market.
After refuelling during the lunch break, 'Supplying the region' was discussed with opening presentation on Gazprom and PGNiG - two friends or two brothers provided by Mr Piotr Syryczinsky (WS Atkins - polska sp. z.o.o., Poland). Ms Helena Wisden (Cheniere Energy, United Kingdom) then took to the stage outlining LNG's role in the future energy mix.
Following this session’s close and a further networking break, the last session of the first day 'New trade opportunities' got under way. Mr Henning Gloystein (Thomson Reuters, United Kingdom) provided an insight into the European gas markets in a global LNG context followed by Mr Pekka Karinen's (Kaasuporssi Oy, Finland) and Mr Haroldas Nauseda's (UAB GET Baltic, Lithuania) joined presentation on regional gas exchange and the importance of the market integration. The following panel discussion, led by Mr Henning Gloystein allowed the audience to gain further insight to the common gas market and then took to the stage outlining the natural gas and infrastructure developments. The panellist included representatives from: Gasum (Finland), Cheniere (United Kingdom), E.ON Global Commodities (Estonia) and WS Atkins - Polska sp. z.o.o. (Poland).
Day One closed with feature address by Conference Chairwoman, Ms Laura Huomo, great applause and a cocktail reception hosted by Gasum (Finland) allowing participants to relax over a glass of wine and canapés.
Day Two was opened by Conference Chairwoman, Ms Laura Huomo, followed by Mr Taavi Veskimagi's (Elering, Estonia) opening presentation on Building common Nordic-Baltic electricity market and Mr Thor Erik Grammeltvedt proceeded further on the first steps towards market coupling in North Western Europe. Ms Marja Rasi-Kurronen (RAO Nordic, Finland) illustrated the electricity trading approach between Russia and the Nordic countries and possible implementation in the Baltic region. The following panel discussion led by Ms Annette Berkhahn Blyhammar (Poyry Managment Consulting AB, Sweden) with representatives from: Fingrid Oy (Finland), Baltic Energy Partners OU (Estonia), Energy Market Authority (Finland) and Nord Pool Spot (Estonia) facilitated further discussion and analysis of electricity trading and pricing.
The following session was opened by Mr Wolfgang Krewel's (Alstom Grid, Germany) presentation on challenges and solutions for connecting Europe to renewables proceeded by the panel discussion on feasibility of renewable projects and its' implementation in challenging environments. Mr Tomas Gardfors enthusiastically chaired the following financing panel discussion, encouraging extensive audience participation, whilst drawing out a few “rosy” words from representatives from: Public Utilities Commission (Latvia), the Estonian Development Fund, Greenpeace Nordic (Finland) and Alstom Grid (Germany).
After a networking lunch break, attendees returned to the conference room for the feature session on ‘Regional wind power: WASTE or WASTED'. Mr Miguel De Vasconcelos Ferreira, (Megajoule, Portugal), Mr Dmitri Vassiljev (Nelja Energia AS, Estonia) and Mr Hadley Barrett (Oxford Sustainable Group) each provided feature presentations on the wind energy market, risks and opportunities .Mr Feodor Gurvits (Airice Oy, Finland) opened this session's panel discussion allowing further insight into the wind sector and how investors can “realise” the substantial opportunities available and overcome inherent challenges. Panellists included representatives from: the Finnish Wind Power Association, Oxford Sustainable Group (Finland), Nelja Energia AS (Estonia), Estonian Power Association and Magajoule (Portugal).
The conference closed with a final comment by Ms Chairwoman Laura Huomo.
EEL Events thanks all who sponsored, partnered, and attended our successful 6th Balkan Energy Finance Forum 2013 and look forward to welcoming you back next year.