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THE MOST ESTABLISHED TRADING EVENT
FOR THE CSEE REGION
IV
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18-19 June | Budapest, Hungary
N
350+
Attendees
30+
Countries
>60%
Traders
No 1
Energy Traders´ Party
Platinum Sponsor
Gold Sponsor
Silver Sponsors
Bronze Sponsors
www.energytradingcsee.com
Organised by
WELCOME
Dear colleague,
Energy Trading Central & South Eastern Europe has come a long way since its humble beginnings as a
small regional event 15 years ago - to the number 1 meeting place “ETCSEE” it is today.
Having absorbed the ideas and feedback from last year’s participants, we are aiming to bring you fresh
content and inspiring speakers from across the region.
After having organised the event in Prague for 3 consecutive years, we are moving to Hungary’s capital
Budapest - recognised as an important hub for trading.
With the initial deadline of the Internal Energy Market coming up, we will identify the progress made
over the past years to harmonise the CEE and SEE energy market. This year’s emphasis is on both the
obstacles and new trading opportunities on the rise, in particular in the Balkans and in Turkey.
We are co-locating this year’s event with EMART Turkey, adding a new attendee profile and expanding
the regional scope of the event.
The 15th anniversary edition of our famous Energy Traders’ Party will this year be hosted by our Platinum
Sponsor MVM, and we invite you and 350+ of your peers to join us for this ultimate networking
opportunity!
Make sure to put 18 & 19 June in your diary, I look forward to seeing you there!
Kind regards,
Nel Jonk
Project Manager – Energy Trading Portfolio
Synergy
PS: Register before April 26th on www.energytradingcsee.com/register and quote BR1
to save €400 off the full registration fee.
”
I look forward to hearing how
the new EU-wide gas market rules are being
implemented; market-based balancing should
create real opportunities for the region
”
Dr Colin Lyle, Board Member and Gas Committee
Chair, European Federation of Energy Traders
The formation of EPîAS is much anticipated,
but what is the way forward for the Turkish
electricity wholesale market? Throughout the
programme various updates will be given on
the New Electricity Market Law, as well as the
measurements necessary to improve liquidity
in the Turkish market.
For more information, go to page 6
or www.energytradingcsee.
com/turkey
Go to www.energytradingcsee.com for updates on the event
REGIONAL HIGHLIGHTS
Although the CEE and SEE region are traditionally faced with numerous obstacles in different countries,
we see many initiatives through which national governments and organisations work towards
a harmonised market. ETCSEE’s conference programme will feature these and discuss the way forward: Region-wide
On track with the EU ambition for a single
market? Join the debate on a feasible timeline for
market coupling between CEE and CWE
Hungary, Slovakia
Learn about Hungary &
Slovakia joining forces
in the completion of an
interconnector to join the
Hungarian and Slovak gas
systems
Poland
Protecting the market
from capacity shortages?
Develop insight on a capacity
mechanism to guarantee
a price for generating
backup electricity
Turkey
All eyes on Turkey - discuss
the impact of electricity
imports/exports on prices and
liquidity
Slovakia,
Czech Republic,
Hungary, Romania
Cross-border initiatives going
forward: hear about Romania
joining the CZ-SK-HU-RO
day ahead market
coupling project
in 2014
Romania
What’s new in Romania?
Hear about the launch of
a new intraday platform
& forward trading form
and what this means for
liquidity
Bulgaria, Serbia,
Croatia
Get Balkan’s latest on the
expected spot exchanges
We have a great speaker line-up of 30+ leading specialists who will discuss the above initiatives –
for more information see our speaker list and conference programme on pages 4 and 6.
For more information, please go to www.energytradingcsee.com/regionalhighlights
SPEAKER LIST
NAME POSITION COMPANY
Willem Coppoolse
Head of Illiquid Gas Markets Origination,
Energy Management & Trading
András Deák
Associate Fellow - Russia and Energy Affairs
Joseph Florentin
New Projects Dept. Manager
Martin Georgiev
Head of Market Bulgaria/ Chairman
Burak Guler
Chairman Turkey Task Force
Selim GüvenAssistant General Manager responsible for Energy
Trading and Strategic Planning
György Harmati Strategic Director
Dennis Hesseling
Head of Gas
Aleksander Katancevic Partner
András Jenei
Advisor to the Minister for Energy
Arben Kllokoqi
Regulatory Advisor for Central and Eastern Europe
Pal Kovacs
Secretary of State
Ion Lungu
General Director/ Chair
Colin Lyle
Member of the Board
Audrey Mahuet
Director Product Design & Customer Care
Petar Maksimovic
Secretary General
Anita Orban
Ambassador-at-Large for Energy Security
Cagdas Ozan Ates
Head of Trading - Emerging Markets
Plamen Popov
Head of Power Trading CSEE
Konrad Purchala
Director Energy Market Development
Joachim Rahls
EFET Co-ordinator Austria & Chair of TF Gas
Aura Sabadus
Senior reporter SEE and Turkey
Uroš Sarjanović
Senior Trader
Jan Schmitt
Regulatory Affairs Analyst
Milan SedlacekHead of Regulation and Business Concept
Development
Michal Skalka
Director of Trading
Mark Stephens-Row Energy Account Manager
Jiří Strnad
Director, International Relations & Trade Services
Peter Styles
Member of the Board
Zoltan Uzonyi
Chairman
COUNTRY
GDF SUEZ Trading
France
Hungarian Institute of International AffairsHungary
Desfa
Greece
Alpiq Energy SE / ATEB
Bulgaria
EFET
Turkey
Akenerji
Turkey
MVM Zrt
Hungary
ACER
Slovenia
Stratega East
Switzerland
Ministry of National Development
Hungary
EDF Trading
UK
Ministry of National Development
Hungary
CEZ TRADE Romania/ AFEER
Romania
EFET
EPEXSpot
France
AERS
Serbia
Ministry of Foreign Affairs
Hungary
Danske Commodities
Denmark
Statkraft
Bulgaria
PSE Operator
Poland
EFET Deutschland
Germany
ICIS
UK
EFT Trade d.o.o.
Serbia
Gazprom MT
UK
Eustream
Slovak Republic
ČEZ, a.s.
Weather Services International
ČEPS (Czech TSO)
EFET
Energy Traders’ Association
Czech Republic
UK
Czech Republic
Hungary
”
“I look forward to discussing how the CEE and
SEE market further integrates with the CWE
region...
”
Michal Skalka, Director of Trading, CEZ
Go to www.energytradingcsee.com/speakerlist for the latest speaker line-up
PROGRAMME AT A GLANCE
Tuesday, 17 June 2014
Pre-Conference Seminar
EFET Workshop on Master Trading
Agreements & the Expanded Universe
of EFET Form Documentation
Wednesday, 18 June 2014
Thursday, 19 June 2014
OFFICIAL OPENING
Power Trading
Gas Trading
Market integration of the CEE region – on track
to complete the Internal Energy Market?
Country focus on
power trading &
emerging markets
Evolving commercial
opportunities for gas
trading
Power Trading
Gas Trading
The impact of new
EU rules to ensure
market integrity and
transparency
Strategic and
Regulatory
Developments
LUNCH
Pre-Conference Seminar
Power Trading
Gas Trading
National Traders’ Associations Summit
...continued
Can cross border
trading of electricity
survive in its current
form?
New infrastructure,
expanding markets
and advances in gas
trading
National versus European wholesale power
market design
Power Trading
Gas Trading
Impact of renewable
energy & emissions
allowances
...continued
WELCOME RECEPTION
ENERGY TRADERS’ PARTY
PRE-CONFERENCE EFET WORKSHOP ON MASTER TRADING AGREEMENTS
C
F T E R AT T
EA
E
N
Get specialised training and sign up for this intensive seminar targeted at anyone currently using or desiring
to become familiar with the EFET General Agreements concerning the Delivery and Acceptance of Electric
Power and Natural Gas.
The agreements and the related EFET library of supplemental documentation, are the industry standard
throughout Europe for the trade of physical power and gas.
•Get introduced to & learn the history of EFET’s form documents
•Clarify specific issues with the industry experts on the agreements
•Understand the provisions, key risk allocation philosophies and mechanics of the documents
To attend this workshop, separate registration is required. For more information, please go to
www.energytradingcsee.com/efetworkshop
Go to www.energytradingcsee.com/efetworkshop for a detailed agenda
P
Presenter: Brett Hillis, Partner, Reed Smith
HO
Tuesday 17 June 10.00 - 18.00 hrs
W ORKS
CERT
NG
IFI
AT
DI
& THE EXPANDED UNIVERSE OF EFET FORM DOCUMENTATION
CONFERENCE PROGRAMME
DAY 1: WEDNESDAY 18 JUNE AM
Official Opening - Integrating Central and South Eastern Europe into the single EU energy market
Chairman: Peter Styles, Member of the Board, EFET
09:30
Keynote speech
Pal Kovacs, Secretary of State, Ministry of National
Development, Hungary
09:50A trader’s view on an integrated CEE and SEE
market
György Harmati, Strategic Director, MVM Zrt, Hungary
10:10Market integration of the CEE region – on track to
complete the Internal Energy Market?
-M
arket coupling of Czech, Slovak, Hungarian and
Romanian day-ahead markets
- T arget Model implementation in the CEE region
(NWE+CEE Market Coupling): current development from
ČEPS perspective
-C
ompletion of the IEM – anticipated synergies and key
issues
Jiří Strnad, Director, International Relations & Trade
Services, ČEPS (Czech TSO), Czech Republic
Power Trading - The impact of new EU rules to
ensure market integrity and transparency
Chairman: Peter Styles, Member of the Board, EFET
10:30Panel discussion - Do CEE and SEE national market
designs conform to the EU Target Models for power
and gas?
- Over what timescale can day-ahead power market
coupling be extended to all of south-east Europe? And
are TSOs ready to use a common grid model to calculate
available cross border transmission capacity?
- How can cross border intraday grid access for power
traders and gas traders be improved in the whole
region?
- Gas sector transparency: is the disclosure of information
about availability and use of infrastructure up to
standard
- Final consumer energy tariffs: are governments ready
to release their grip on consumer prices and place their
trust in the operation of the wholesale market?
Panelists: above speakers
11:00
Coffee break
Gas Trading - Strategic and regulatory
developments
Chairman: Colin Lyle, Member of the Board, EFET
11:30 Integrating Central and South East Europe into the
single EU gas market
- The challenges ahead
12:00
New regulatory regime with EMIR and REMIT
- Realistic timeline for a CSEE region?
-A
iming at: greater transparency, confidence and lowering Dennis Hesseling, Head of Gas, ACER, Slovenia
the risks
12:00
SEE Regional investment plan
- Grey areas and uncertainties
Joseph Florentin, New Projects Dept. Manager, Desfa,
- What has been achieved so far?
Greece
Arben Kllokoqi, Regulatory Advisor for Central and Eastern
Europe, EDF Trading, United Kingdom
11:30
Keynote regulatory developments
Senior representative regulator
12:30Lunch
12:30 Lunch
Go to www.energytradingcsee.com for the full conference agenda
CONFERENCE PROGRAMME
Power Trading - The impact of new EU rules to
ensure market integrity and transparency
DAY 1: WEDNESDAY 18 JUNE PM
Gas Trading - Strategic and regulatory
Developments
Can cross border trading of electricity survive in its current
form?
Chairman: Michal Skalka, Director of Trading, CEZ, Czech Republic
ew infrastructure, expanding markets and advances in gas
N
trading
Chairman: Colin Lyle, Member of the Board, EFET
14:00 Intraday trading across borders - prospects for better
access and more transparency?
- The intraday market: status on current changes
and evolutions
- The increasing role of the intraday market
- Challenges for cross-border intraday trading
Audrey Mahuet, Director Product Design & Customer
Care, EPEX Spot, France
14:00Regulation in the spotlight: South Stream’s potential
impact on the regional market
- Commitments, credibility and potential pitfalls of the
project
- A difficult terrain for market expansion – the SEE region
- Regulation benchmarks and their implications on the
markets
- Unintended implications, unlocking old infrastructure
András Deák, Associate Fellow - Russia and Energy Affairs,
Hungarian Institute of International Affairs, Hungary
14:30 Power market coupling in South-Eastern Europewhat to expect?
- Current status of national power balances
- Generation stuck changes – newcomers and
decommissioning
- Interconnections and TSOs’ role
- Market coupling scenarios
Plamen Popov, Head of power trading CSEE, Statkraft,
Bulgaria
15:00TSO view on the developments in the Polish traded
markets
- Loop flows, phase shifters and plans for coordinated
redispatch of generating plant
- the Polish capacity mechanism
Konrad Purchala, Director Market Development PSE
Operator, Poland
15:30
Coffee break
16:00Panel discussion – Can cross border trading of
electricity survive in its current form?
Previous speakers & Cagdas Ozan Ates, Head of Trading –
Emerging Markets, Danske Commodities, Denmark
16:45Renewable targets and carbon emissions allowances
- impact on the market?
Speaker to be announced
17:10The power of weather – weather forecasting in the
age of renewables
Mark Stephens-Row, Energy Account Manager, Weather
Services International, United Kingdom
17:30
Welcome Reception
19:30
Energy Traders’ Party sponsored by
14:30Impact of infrastructural changes on gas trading in
the CEE and SEE region
Speaker to be announced
15:00
Gas trading in Turkey
Burak Guler, VP Energy Trading, KOLIN Construction
Tourism Industry and Trading Co. Inc., Turkey
15:30
Coffee break
16:00Can trading deliver security of gas supply?
A Hungarian perspective
- Impact of energy market integration on energy security
issues
- Advantages of an integrated energy market
- Infrastructural, legal and regulatory issues
Anita Orban , Ambassador-at-Large for Energy Security,
Ministry of Foreign Affairs, Hungary
16:30Panel Discussion: How will balancing markets be
established in C & SE Europe?
- Market-based balancing with daily cash-out settlement
is required by the EU Network Code, but how will it be
done in CSEE?
- Who will provide the flexibility needed for balancing
when supply options are limited?
- How should gas storage be integrated into balancing
market?
- W ill each country have its own balancing market, or are
there better solutions?
-W
hat transitional measures can we expect, and how will
these affect gas trading?
Panelists:
Milan Sedlacek, Head of Regulation and Business Concept
Development, Eustream, Slovak Republic
Dennis Hesseling, Head of Gas, ACER, Slovenia
Joseph Florentin, New Projects Dept. Manager,
Desfa, Greece,
Jan Schmidt, Regulatory Affairs Analyst, Gazprom
Marketing & Trading Limited, UK
17:30
Welcome Reception
19:30
Energy Traders’ Party sponsored by
Go to www.energytradingcsee.com for the full conference agenda
CONFERENCE PROGRAMME
Power Trading - Focus on Turkey
DAY 2: THURSDAY 19 JUNE AM
Gas Trading - Evolving commercial opportunities
for gas trading
Chair: Aura Sabadus, Senior Reporter Turkey, ICIS, UK
Chairman to be announced
09:30The way forward in the Turkish Electricity Wholesale
Market
- 2013 performance & 2014 outlook, commentary on
drivers
- Update on New Electricity Market Law
- Status of energy exchange EPİAS
Selim Güven, Assistant General Manager responsible for
Energy Trading and Strategic Planning, Akenerji, Turkey
09:30
Overall hub development in the CEE region
Willem Coppoolse, Head of Illiquid Gas Markets
Origination, Energy Management & Trading, GDF SUEZ
Trading, France
10:00 Panel discussion – Opportunities for energy trading
in Turkey
- What are the obstacles that need to be overcome?
- T imeframe of establishing the power exchange
Selim Güven, Assistant General Manager responsible for
Energy Trading and Strategic Planning, Akenerji, Turkey
Aura Sabadus, Senior reporter SEE and Turkey, ICIS, UK
& panelists to be announced
11:00 Coffee break
Power Trading - Focus on the Balkans
Chairman: Aleksander Katancevic, Partner, Stratega East, Switzerland
11:30Developing the energy wholesale markets in Croatia
- Implications of EU access
- Status of energy exchange
Speaker to be announced
12:00 Establishing power exchanges in the Western
Balkans
- The way forward in the Balkan energy wholesale markets
- The role of power exchanges in Serbia and Croatia
Petar Maksimović, Secretary General, Energy Agency
of the Republic of Serbia, Serbia
Uroš Sarjanović, Senior trader, EFT Trade d.o.o., Serbia
and Panelists to be announced
10:00Gas hub operators and exchanges – Panel
discussion of new developments and changes
to come
- Coming changes in capacity trading due to NC CAM
- Which steps towards EU gas market integration?
- Further actions on the way to legal enforcement of the
network code in 2015
Panelists:
Joachim Rahls, EFET Co-ordinator Austria & Chair of TF
Gas, EFET Deutschland, Germany
Bernhard Seiberl, Chief Operating Officer, CEGH, Austria
Goetz Lincke, Managing Director, PRISMA European
Capacity Platform, Germany
11:00
Coffee break
11:30
New momentum for Shale Gas in Europe?
- Is the U.S. Shale Revolution to be continued?
- Russia and Shale Gas
- The future of Hungarian Shale Gas
András Jenei, Advisor to the Minister for Energy / Ministry
of National Development, Hungary
12:00Trends and developments in the SE Europe gas
market
Speaker to be announced
12:30Lunch
12:30Lunch
Go to www.energytradingcsee.com for the full conference agenda
CONFERENCE PROGRAMME
DAY 2: THURSDAY 19 JUNE PM
Official Closing Session - EFET and national traders associations’ panel discussion
Chairman: Peter Styles, Member of the Board, EFET
Last year at ETCSEE 2013, a first panel discussion with
EFET and several national traders’ associations was wellreceived. It meant a first step to further cooperation
between the different organisations. In June the
discussion will be continued. What could be the role of
the organisations to improve trading opportunities in the
region and what are challenges of mutual interest?
Panelists:
Zoltan Uzonyi, Chairman of Traders’ Association, Hungary
Martin Georgiev, Head of Market Bulgaria/ Chairman,
Alpiq Energy SE / ATEB, Bulgaria
Ion Lungu, General Director/ Chair, CEZ TRADE Romania/
AFEER, Romania
Panelists from Poland & Turkey to be announced
14:00EFET and national traders associations’ panel
discussion
16:00
Round Table Discussion on National Obstacles
- What are the market challenges and trading barriers of
mutual interest?
- Opportunities for cooperation between national power
traders’ groups
- Turkey as an emerging energy hub – current challenges
Round Table Discussion on European aspects
- The influence of renewable energy penetration and the
EU ETS
- Fears about market supervision and financial regulation
in light of the political deal for MIFID II
- Future EU policymaking prospects
- What does REMIT mean for the SEE/CEE area? - Fear of
market fragmentation
End of conference
Pre-event Networking
Why wait until 18-19 June? Start networking now!
New this year is our exclusive pre-event LinkedIn networking group– a
subgroup of our 2000+ strong member group on LinkedIn.
Connect with fellow energy trading professionals on Linkedin who are
all attending ETCSEE 2014! Debate about the latest developments in
the CSEE region & make appointments with your peers who you would
like to meet on 18-19 June in Budapest.
So make sure to plan ahead & don’t forget to sign up for our pre-event
networking group straight after registering.
To start networking, go to www.energytradingcsee.com/
socialmedia
Go to www.energytradingcsee.com for the full conference agenda
VISIT THE EXHIBITION
Connect
with colleagues, prospects and clients during the
multiple lunches & networking breaks
Save time,
a sk your questions face-to-face & go back to the office
with fresh ideas on solutions such as REMIT & EMIR
compliance regulation, optimizing energy assets, &
weather forecasting solutions
“KELER CCP as the
innovative regional clearing
house with EMIR licence looks
forward to meet the pre-eminent
regional traders and energy
exchanges. ”
Károly Mátrai, CEO, KELER CCP
Source
those key partners to support your business strategy
among 30+ exhibitors
Uncover
new opportunities for your business
Review
t he day and mingle with 350+ market’s key decision
makers during the networking reception at the close
of the first day
“WSI looks forward to
engaging with the South East
European energy market and
building new relationships. ”
Tony Ramsay, European Sales
Manager, WSI
Confirmed sponsors & exhibitors include:
“Alpiq looks forward to
participating and being again a
gold partner of ETCSEE, which is an
ideal platform to interact with clients,
partners and other market participants.
In addition, the conference provides a
structured overview of various energy
related topics and current trends which
will be useful for potential extension of
our business activities. ”
Peter Dworak, Head of Business Unit
Portfolio Optimisation CEE, Alpiq
For sponsorship and exhibition opportunities please contact Stéphane de Voogd at
[email protected] or +31 346 290 787
REGISTRATION AND VENUE
ETCSEE 2014 will be held at the
InterContinental Budapest in Hungary’s
beautiful capital – not only a city of
thermal baths, cafés, and striking turn-ofthe-century architecture but also one of
the region’s most important trading hubs!
For venue details go to
www.energytradingcsee.com/venue
BEST RATE
Smart Rate
April 26
€1299
Standard Rate
May 17
€1399
Late Rate
June 17
€1499
Onsite Rate
June 18
€1699
SPECIAL GROUP DISCOUNTS
GET SPECIALIZED TRAINING
Are you planning to attend the conference with your
colleagues? Take advantage of our special discounted corporate
plans and save up to 25%
on your conference registration.
Add even more value to your attendance and extend your
knowledge by signing up for the pre-conference
EFET workshop on June 17th.
To register your team or for any questions, please contact:
Kim Vickery at [email protected] or +31 346 290 815
Add a full day of interactive learning
to your registration for only €999
at www.energytradingcsee.com/efetworkshop
CONTACT US
Conference
Nel Jonk
Project Manager
+31 346 590 901
[email protected]
Exhibition/Sponsoring
Stéphane de Voogd
Sales Manager
+31 346 290 787
stephane@synergy-events.
com
General Information
Jojanneke van de
Meerendonk
Project Coordinator
+31 346 290 782
[email protected]
Marketing
Eva van de Pol
Marketing Executive
+31 346 290 803
[email protected]
Registration
Kim Vickery
Client Relations Manager
+31 346 290 815
[email protected]
Visit www.energytradingcsee.com/register and book your place today!
YOU ARE INVITED TO THE ENERGY TRADERS’ PARTY
ERS
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MVM is proud to host this year’s ETCSEE Energy Traders’ Party,
taking place in one of Budapest’s hotspots. As one of the major
Hungarian marketplayers in the energy industry, we stimulate
the networking and development of business opportunities with
350+ key decision makers during this evening.
We hope you will enjoy it!
Bring a
pocket full of
business cards
and get ready
to connect!
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Unwind with your peers after a hard day’s work at the no. 1
meeting point where all CSEE traders come together!
Secure your party ticket now! Go to www.energytradingcsee.com/register