The Annual Report of the Institute, which was approved by the AGM of June 26 is now available here. The Report provides a comprehensive account of IENE activities during last year and contains a wealth of information on the Institute’s programmes, research work, conferences and workshops organised by the Institute, as well as links and common actions undertaken jointly with other organisations. Also, detailed reference is made to the Institute’s “information feed” which includes all the newsletters, special reports and analyses which the Institute regularly sends out to its members and associates.
Furthermore, the Report describes in some detail the research and studies which were carried out by the Institute in 2024, and the publications which have resulted and posted on its website. Special reference is made on a relatively new type of activity which concerns “ Advisory Services”. Taking stock of its vast experience and considerable expertise in the study and analysis of geopolitical developments and energy market operation, as well as its knowledge on energy infrastructures and related investments, the Institute is branching out to include a range of Advisory Services among its activities.
As part of its Advisory Services the Institute also provides certification on the issuance of Green Bonds,as a certified verifier by Climate Bond Initiative of the UK.
The Annual Accounts, which includes the balance sheet for 2024, are also included in the Annual Report. Last year was a good year for the IENE, with net turnover of € 462.252,15, which was the highest level achieved over the last 10 years, with +14.3 % growth compared to 2023. The earnings before interest,taxes,depreciation and amortisations ( EBITDA) amounted to € 24.664 while the profits after taxes were reported as € 18.742.
The Annual Report for 2024 concludes with a chapter which addresses the crucial challenges facing IENE in the years ahead. It covers key issues related to the functioning of the organisation which is IENE as it examines : the need for reorganising and strengthening of internal operations, the mobilisation and expansion of the Institute’s regional partner network, the advancing of strategic research and forecasting capabilities, the improvement and upgrading of Human Resources and of course achieving the Institute’s long term financial sustainability.
Finally, the Annual Report makers reference to IENE’s “ Vision 2030” project,which is a strategic document under preparation, and presents a clear view concerning the development of the Institute in the immediate future, while it covers research and activity goals as well as the relevant funding needs and how these can be secured.
