6th Annual Baltic Energy Summit 2014

The 6th annual edition of the Baltic Energy Summit took place in the Crowne Plaza Hotel in Helsinki (26-27 November). With over 70 international delegates, this year's event united key players from across the energy sector, tackling the current issues facing further energy security in the region.

Special thanks should be given to our Official International Legal Sponsor Norton Rose Fulbright (UK) as well as the Associate Sponsor Axpo Oy (Finalnd) who each provided great contributions throughout the two day event.

After an introduction to the summit by the conference Chairwoman, Ms Laura Huomo (Roschier, Finland), the first feature presentation of the day was given by Mr Alan Whitaker (Poyry Management Consulting, Norway) who provided an insight into the European decarbonisation policies and their influence on the Baltic market. This was followed by Mr Kalle Kukk 's (Elering, Estonia) overview on what is needed for removing the Baltic Energy Island status and more synchronised operation with Continental Europe. Latest developments in the Estonian energy sector were discussed by Mr Mart Ots (Estonian Competition Authority, Estonia) followed by the first networking coffee break.

The gas market session was opened by  the presentation delivered by Ms Olga Vaisanen (Gasum Oy) on the latest developments of the Nordic gas infrastructure, followed by Mr Letitia Blanot's (Cheniere Energy Inc., UK) elaboration on possibilities and challenges for diversification of gas sources as one of the solutions for achieving more secured gas supply. Consequently, Mr Grzegorz Wasiewski (White & Case, Poland) gave his views on shale gas with regard to regional legal and regulatory framework applicable to shale gas extraction and current developments in Poland. After a refuelling lunch break, diversification of gas supply was further investigated by looking into the latest LNG developments by Mr Joop Jonkers (Vopak LNG Projects, The Netherlands) and Mr Rolandas Zukas (SC Klaipedos, Lithuania). The session continued with the an overview of challenges in the Baltic gas market respectively given by Mr Marko Allikson (Baltic Energy Partners OU/220 Energia OY, Estonia) and was concluded by the energetic panel discussion on regional responses to the Ukraine gas crisis, chaired by Mr Tomas Gardfors (Norton Rose Fulbright, UK). Other panellists included: Mr Marti Haal (AS Alexela Energy, Estonia), Ms Annette Berkhahn (Accenture, Sweden), Mr Marko Allikson (Baltic Energy Partners OU/220 Energia OY, Estonia) and Mr Joop Jonkers (Vopak LNG Projects, The Netherlands).

After Ms Laura Huomo's closing remark, the delegates relaxed over a glass of wine, taking another chance to further discuss hot topics and network during the cocktail reception.

Following Ms Laura Huomo's introduction to day two of the summit, Mr Herkko Plit (Ministry of Employment and the Economy, Finland) provided a welcoming speech to our delegates outlining the latest developments of the Finnish energy market and opportunities for further regional cooperation. 

The electricity session commenced with an insight into the Baltic electricity market by Mr Gatis Junghans (Elektrum EESti OU, Latvenergo AS, Latvia) and continued with Mr Matti  Ahtosalo's (Axpo Finalnd OY, Finland) presentation on possible penetration of Nordic energy market players into the Baltics. The integrated Baltic power market and cross-border trading is further debated by Mr Sami Oksanen (Nord Pool Spot, Finland) and the role of nuclear power, arguments for and against by Mr Viktor Balyberdin (SKM Market Predictor, Norway). After refreshing networking coffee break, overviews on investment in infrastructure and alternative financing structure in the energy space are provided by Mr Ville Poukka (Danske Bank, Finland) and Mr Tomas Gardfors (Norton Rose Fulbright, UK). The panel discussion which preceded the lunch break, led by Mr Jussi Uskola (Fortum, Finland), looked into overcoming current challenges and future opportunities for the regional electricity markets. Mr Tomas Schmidt (European Investment Bank , Finland), Mr Aivaras Simkunas (Axpo Nordic AS, Finland) and Mr Yngve Soderlund (Nordic Investment Bank, Finland) debated about the feasibility of completing BEMIP, synchronisation of the network and the effect of new generation sources on prices.

In accordance with the last topic discussed, the conference continued with the unconventional energy sources session, commencing with Ms Dace Cirule's (Law Office FORT, Latvia) perspective on potential for biomass projects. Mr Siim Paist (Nelja Energia, Estonia) presented existing and planned offshore wind projects in Estonia followed by the case study on bringing solar to the Baltics by Mr Christer Nyman (Soleco Ltd., Finland). They all joined Mr Gregory Rubinchik (KPMG, Latvia) in the panel discussion on the future of renewables in the Baltics, current opinions and availability of projects.

The conference was concluded by our Chairwoman, Ms Laura Huomo, who pointed out main opportunities and challenges for achieving greater regional energy security.

E.E.L. Events would like to thank all sponsors, media partners and participants for their contribution to the success of the event and to invite you to join us next year in investigating new challenges facing Baltic energy markets.

If you are interested in accessing the conference presentations - contact us for more information

Speaking Opportunities for 2015:  Plans for our 2015 events has commenced, if you would like to be involved as a speaker, sponsor, host, exhibitor or delegate for upcoming events, please contact:

Agnieszka Pawlowska
Project Manager

Joe Canty
Business Development Manager