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IENE's Session in the WEC/RNC «Energy Trilemma» Conference in Bucharest Focused on the Energy Policies & Strategies of Romania

IENE's Session in the WEC/RNC «Energy Trilemma» Conference in Bucharest Focused on the Energy Policies & Strategies of RomaniaThe Institute of Energy for SE Europe (IENE), in co-operation with the World Energy Council's Romanian National Member Committee (WEC/RNC) organized on Thursday, April 25, 2013, the “Energy Trilemma” conference, in the capital of Romania, Bucharest . Within the framework of its co-operation with WEC , IENE organized the second of the Conference’s two sessions, which focused on “Energy Policies & Strategies in SE Europe: Focus on Romania”

The Institute of Energy for SE Europe (IENE), in co-operation with the World Energy Council's Romanian National Member Committee (WEC/RNC) organized on Thursday, April 25, 2013, the "Energy Trilemma” conference, in the capital of Romania,Bucharest.Within the framework of its co-operation with WEC, IENE organized the second of the Conference’s two sessions, which focused on "Energy Policies & Strategies in SE Europe: Focus on Romania”.

In pursuing its regional role and its interests of the energy agenda of the entire SE Europe, IENE co-operated closely with WEC/RNC in the organization of this special session, aiming at an overall assessment of the energy sector of Romania. It should be noted that the World Energy Council’s definition of energy sustainability is based on three core dimensions – energy security, social equity, and environmental impact mitigation. These three goals constitute an "Energy Trilemma”, providing a clear framework to deliver the energy transformation and make sustainable energy systems a reality. As part of the World Energy Trilemma process, the WEC has developed an Energy Sustainability Index, which captures and aggregates country-level data to outline the relative energy erformances and contextual attributes of WEC member countries. The findings of the Index analysis on Romania were presented in the Bucharest"Energy Trilemma” conference.

The session on "Energy Policies & Strategies in SE Europe: Focus on Romania”, organized by IENE, opened with remarks by the session’s chairman, Dr. John Desypris, Chairman of the Institute, followed by Dr. Radu Dudau, Executive Director, Romania Energy Center (ROEC), who provided an overall overview of Romanian energy policies and their impact on SE Europe with special reference on gas.

Mr. Dimitris Manolis, Director of International Activities & International Projects Monitoring, DEPA S.A., Greece, presented the company’s role in SE Europe and, specifically, its contribution to the promotion of natural gas interconnections between the countries of the region. Mr. Mark Beacom, Director General, Sterling Resources, Bucharest, analysed the prospects of the oil and natural gas sectors in Romania, which are of strategic importance, with Romania being the oldest hydrocarbon-producing country in Europe.

Mr. Robert Cruceru, Executive Director, Romanian Photovoltaic Industry Association (RPIA), described the prospects of developing the photovoltaic sector in the country, as well as its efforts to fulfil the its 20-20-20 RES targets, striving, at the same time, with severe bureaucratic and financing obstacles.

Mr. Costis Stambolis, IENE’s Executive Director, focused on the regional supply of natural gas and the need of creating a competitive natural gas market in SE Europe, where Romania plays a key role. He, also, presented the Institute’s proposal for creating a regional natural gas hub.

Finally, Mr. Cosmin Calin, Executive Director Corporate Unit of Banca Romanesca, subsidiary of the National Bank of Greece, referred to the role that financial sector is playing in the development of RES in Romania.

Following the above presentations, a lively discussion followed, co-ordinated by IENE’s Chairman, Dr. John Desypris.

During the first session of the conference, presentations were made by: Mr. Mihai Patarniche, Director of the National Center of Gas Dispatching of Transgaz SA, Mr. Gheorghe Marius Stroia, Director of Bucharest Gas Market Operation Direction of Transgaz SA, Dr. Stefan Gheorghe, General Manager of Transelectrica SA, Dr. Silvia Vlasceanu, General Manager of the Federation of Associations of Romanian Energy Utilities (ACUE), Dr. Ion Lungu, General Manager of CEZ Trade and Dr. Carmencita Constantin, Energy & Environment Division Director at the Institute for Studies and Power Engineering (ISPE).

The event was sponsored by Greece’s Public Gas Corporation S.A. (DEPA S.A.), by Banca Romanesca and by EGNATIA ROM , whereas its media partners included www .energia .gr and www.seenews.com ( SEENews ) websites.

On the occasion of its participation in the Energy Trilemma Conference, IENE hosted an evening cocktail reception onApril 24, at the Radisson Blue Hotel in downtown Bucharest, which was attended by many distinguished representatives of Romania’s energy sector.


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