6th Balkan Energy Finance Forum (BEFF)

The 6th edition of EEL Events’ Balkan Energy Finance Forum took place in the Westin hotel in Zagreb, Croatia (16 – 17 October 2013). With over 180 delegates registered from 29 countries, this year’s forum united again key players from across the energy sector, tackling key issues facing the further development of the Balkan Energy market.

Special thanks should be given to our official sponsors The Green for Growth Fund, Southeast Europe, as well as our associate sponsors: REpower Systems, KOSTT, Karanovic & Nikolic, juwi, DEPA and exhibitor ZagrebTrans, who each provided great contributions throughout the two day event. 

After an introduction to the forum by Conference Chairwoman, Ms Ana-Maria Boromisa (Institute for Development and International Relations, Croatia); Mr Boris Makšijan (Ministry of Economy, Croatia) and Mr George Guran (Ministry of Economy, Romania) officially opened this year’s forum.

The first feature presentation of the day was provided by Mr Adam De Sola Pool (Environmental Investment Partners, Poland) who stressed the way that the past experiences shaped trends in energy investment, followed by Mr Nikolas Sofianos’ (IENE, Greece) overview of energy investment situation in the region. 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 Adam De Sola Pool (EIP), included representatives from Karanovic & Nikolic, ENTSO-E, REGEA, RWE Hrvatska d.o.o. and Croatian Chamber of Economy.

After refuelling during the first networking coffee break, the panel discussion (hosted by The Green for Growth Fund, Southeast Europe) on financing of energy efficiency and renewable energy projects followed, led expertly by Panel Chair, Mr Olaf Zymelka (KfW), and panellists from Finance in Motion, (Investment Advisor to the Green for Growth Fund), Banka Kombëtare Tregtare, Energy Community Secretariat, IFC, MACS Management & Consulting GmbH, Privredna banka Zagreb d.d. 

After a networking lunch break, attendees returned to the conference room for the feature session on ‘Renewable Energy – lessons learnt’. Mr Marco Testolin (REpower Systems SE), Nikola Gazdov (juwi) and Pasquale Silvestro (Tonucci & Partners) each provided feature presentations on the wind energy market, risks and opportunities for renewable energy investors and the importance of the legal predictability in renewable energy investments in Southeast Europe. Day one drew to a close with second session hosted by The Green for Growth Fund, Southeast Europe and panel discussion led by Mr Dominique Courbin, (EIB) with representatives from: Finance in Motion, (Investment Advisor to the Green for Growth Fund), Energy Eastern Europe Hydropower GmbH, enso hydro Gmb, IENE and Vestas Central Europe, who each provided their own perspectives on successful implementation of renewable projects in challenging environments. 

Day One closed with feature address by Conference Chairwoman, Ms Ana-Maria Boromisa, great applause and a cocktail reception hosted by the Green for Growth Fund, Southeast Europe allowing participants to relax over a glass of wine and canapés.

 

Day Two was opened by Conference Chairwoman, Ms Ana-Maria Boromisa, followed by Mr Andrej Šantić’s (Texo-Technology d.o.o.) overview of energy production in the production process emphasising new technology and innovation in service of green growth. Following a further networking break, the second morning session dedicated to the ‘Future of Gas’ swiftly got under way. Mr Dimitrios Manolis, (Public Gas Corporation (DEPA) presented a great overview of Gas competition in SEE: IGB - a factor for growth; and Ms Cecilia Wagner, Trans Adriatic Pipeline (TAP) proceeded to review interconnection possibilities with existing and planned infrastructure in the region. The following panel discussion, led by Mr Ronald Given (Wolf Theiss) allowed the audience to gain further insight to the Balkan gas market and then took to the stage outlining the natural gas and infrastructure developments. The panellist included representatives from: Plinacro d.o.o, Trans Adriatic Pipeline, Public Gas Corporation (DEPA) S.A., and Croatian Chamber of Economy. 

After lunch, ‘Electricity Pricing and Trading’ was discussed with opening presentation on Changing liquidity on the CEE/SEE OTC electricity markets provided by Ms Irina Peltegova (ICIS). Mr Naim Bejtullahu (KOSTT - Transmission, System and Market Operator J.S.C) illustrated issues of power security of supply in Kosovo stressing importance of cooperation with the Albanian market, followed by Ms Đulizara Hadžimustafić’s (Regulatory Commission for Electricity in Federation of Bosnia and Herzegovina) presentation on the opening of the Federation of BiH electricity market. The following expert panel was skilfully chaired by Mr Josip Marohnic (Karanovic & Nikolic) and included dynamic contributions from the following: HOPS d.o.o., KOSTT, EPS Supply, GEN-I, d. Croatia and RWE Hrvatska d.o.o. 

The conference closed with a final targeted discussion assessing what really needs to be done in the region. As previously stated and also summarised by Ms Chairwoman Ana-Maria Boromisa: the progress is slow and there are still many issues to be solved, and what we need are people and their patience, persistence and tenacity for better implementation…

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.

 

 

 

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