The 27th Annual National Conference "Energy and Development», organized by IENE and to be held on November 14 and 15, 2023, at the Divani Caravel Hotel in Athens, will focus on the interaction of energy security with geopolitics and the challenges involved in the transformation of the energy sector. The 27th Annual National Conference "Energy and Development», organized by IENE and to be held on November 14 and 15, 2023, at the Divani Caravel Hotel in Athens, will focus on the interaction of energy security with geopolitics and the challenges involved in the transformation of the energy sector. Detailed information on the agenda, the speakers, as well as on the participation in the major annual event of the Institute of ENErgy for SE Europe are available on its website (see here).
Once again, the "Energy and Development" conference, which has been established as one of Greece’s main events for energy policy and business, will cover a wide range of topics, including oil, electricity and gas market, RES, decarbonation etc., while discussing the economic, social and geopolitical implications of pursued policies. As usual the conference is expected to attract a large number of senior executives and experts from the energy sector of Greece and from abroad.
As the war in Ukraine enters its second year, the EU's energy security for next winter remains a big gamble. Furthermore, the International Energy Agency (IEA) warned in a report in mid-July, that if Russia decided to completely stop the flow of natural gas, the situation could become most difficult for Europe during the winter period 2023-2024 - especially in low temperature conditions - even if its storages facilities were almost 100% full. Thus, the surge in energy prices and the consequent overall burden on the budgets of member states will once again bring to the fore issues related to inflation, fiscal stability and social cohesion in Europe.
In this context, the energy autonomy of the EU is becoming not only a matter of strategic choice but is also presents a great challenge. As it will be thoroughly discussed in this year's "Energy and Development" conference, this setting will have to be contrasted with the goals set by the policies for green transition, as summarized in the ambitious REPower EU plan. Therefore, the conference is expected to discuss if RES are sufficient for the EU's energy sufficiency or whether they should be supplemented by the utilisation of the hydrocarbon deposits of the continent. Also, this year the conference will analyze EU energy efficiency policies for buildings, transport and industry, examining, at the same time, how much they contribute to the development of the European and especially of the Greek economy. Moreover, in the light of increased demands on energy security, issues related to energy infrastructure will be examined, both for electricity and also for oil and natural gas. Cutting-edge technologies, such as hydrogen will also receive ample attention.
But also with regard to the domestic agenda, the "Energy and Development" of 2023 will discuss the significant challenges faced by RES, as their high penetration in Greece’s electricity grid brings to the table, and rather urgently, a number of issues (PPAs, energy storage, management of RES generated electricity etc.).
As far as Greece is concerned, but also with implications at EU level, this year's conference will discuss the new scenario that potentially opens up in hydrocarbons. The recent seismic findings south and southwest of Crete, in combination with the discovered gas potential of Cyprus and Israel, could soon transform the Eastern Mediterranean into a major producing area similar to the North Sea, a development that will upgrade Greece's geostrategic role and enhance its position as a pilar of European energy security.
At the same time, the transformation of the energy sector is highlighted through latest developments in the electricity and natural gas markets in Greece and generally in Europe, as these took shape during last winter, but also through the emergence and promotion of new technologies. Consequently, this year's IENE "Energy and Development" conference will analyse issues related to energy software used for energy production-demand management, but also the use of hydrogen and biomethane as well as synthetic fuels and carbon capture, storage and utilization (CCUS) applications, which are already appearing on the energy agenda. Furthermore, new issues such as digitalization and, in particular, artificial intelligence, which aspire to drastically change every aspect of human activity, will be discussed in some depth at the conference.
In this context, the requirements posed by energy security and strategic autonomy as well as the issues raised by energy transformation, are expected to impact energy investment decisions. Hence the approach that should be adopted by investors in the energy sector in Greece and the EU need to be discussed. Finally, the conference will cover the strategies that should be followed in relation to employment in the energy sector, given its strategic role in the economy.
Helleniq Energy is among the basic sponsors of the 27th Annual National Conference "Energy and Development", whereas DESFA, ENSco and KG Law Firm are some of the supporters of the event.
