This opening session will feature valuable insights from top-level policymakers and industry leaders into key questions on the transition, setting the stage for two days of in-depth exchanges on the most critical topics affecting the power sector and its partners. Theses questions include:
– Is the European policy framework on track to deliver a holistic response to the continent’s climate challenges?
This discussion aims to:
Affordability is key to ensure customer engagement in the energy transition and to make decarbonization a reality. In recent months, Europe has been experiencing rising wholesale electricity prices – predominantly caused by the increase of global natural gas prices. This, in turn, has led to consumer concerns and triggered political debate across the continent.
The electricity price surge has led to questions around the efficiency of the electricity market and whether some adjustments, improvements at wholesale and retail level are needed to make it fit for the energy transition.
This session will take stock of the state of play around electricity prices and market design at EU level and discuss how the power sector can actively contribute to this debate.
Digitalisation enables European power networks to become more connected, intelligent, efficient, reliable, and sustainable, while inevitably changing how we supply, purchase, and interact with electricity. Data collection and exchanges are growing exponentially, creating digital threats but also valuable opportunities for the power sector. Amid such a rapidly evolving context, this Power Talk will foster a discussion about the implications of Europe’s digital energy revolution, the new business models needed to make the best of it, and the policy frameworks required to facilitate these developments.
This workshop intends to explore:
We set out a vision in which protecting biodiversity and achieving ambitious climate and energy objectives go hand in hand. To tackle a multifaceted problem, we go beyond siloed thinking and reveal the best practices across Europe that bridge biodiversity, agriculture, funding, energy, data and economy.
Eurelectric’s landmark “Connecting the Dots” study identified that €375-€425 billion of investments are needed to make the distribution grids fit for purpose in an increasingly decarbonised, decentralised, and digitalised power system. While the study focused on investments needs and drivers, it remains open to which forms of investment can take place. DSOs, for instance, have a range of options to solve congestions – network tariff design, grid reconfiguration, tradition reinforcement, and flexibility procurement, among others. The feasibility and cost-effectiveness of each option shall be carefully considered and compared in the final investment’s decision.
The combination of changing climate conditions – including more frequent and intense extreme weather – and the growing importance of electricity in the clean energy transition, means that power sector resiliency is essential. The industry needs to boost resourcing to make power supplies more resilient to disruptions from weather, cyber attacks, and multi-factor events. Utilities, regulators, and policymakers will provide their insights on the future power system, the environment in which it will operate to identify critical resiliency and adaptation investments, and the creation of an associated regulatory framework.
The closing session will feature a discussion by industry leaders on the future of the sector, the challenges ahead, and the game-changing technologies at our disposal. Moderated by journalist Laura Shields, this concluding event will outline how the entire sector needs to raise its game in the race to clean energy and a net-zero future.
Should you need any further information on the Eurelectric Power Summit or our other events please contact us!
