5th Emerging Europe Energy Summit
22 - 23 October 2009City | Prague ( Czech Republic )
Improving the balance between energy supply and demand is crucial to boost and sustain economic development in emerging Europe. This requires a strong commitment by the countries of the region towards market oriented reforms in order to: improve overall energy conservation and efficiency, reduce an excessively high energy intensity of production compared to international standards, strengthen national institutional capacities and adapt legislation and regulation to EU norms and practices.
Countries in the region should be prepared to draw fully on the substantial gains which can result from energy trading among themselves and with their neighbors. This implies that the current fragmentation of energy supply is overcome through cooperation among the various entities concerned and through physical connection/reconnection of the network.
A regional approach to energy supply, therefore, offers significant advantages both in terms of improved utilization of existing energy supply and production capacities as well as optimizing future investments.
After more than a decade of market liberalisation huge barriers remain and prevent sufficient levels of competition. Meanwhile the emerging Europe is faced with a massive investment challenge. Growing demand and cyclical developments require new investments in the energy sector in the coming years. There is also a need to reinforce internal networks in order to meet Europe?s ambitious renewable challenges, which are driven by targets set in the EU?s renewable package for 2020.
In this context, leading executives from across the region?s major energy operating companies, government representatives, national and regional regulatory bodies, financiers, policy makers, project developers, journalists etc. will assemble to provide insight and create an exceptional networking opportunities.
The 5th Emerging Europe Energy Summit, now firmly established as a leading industry event, will provide a platform for industry leaders to discuss the strategic direction of the sector and to bring a new perspective on the issues, trends, investments and the latest developments across the region.
This year?s edition of the Summit will offer a valuable feedback to the key leaders of the energy sector in emerging Europe and contribute to the development of a healthy investment and business climate with high-quality dialogue between governmental and corporate players and in close cooperation with all relevant energy bodies.
Source Languages | English