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Europe: InnoEnergy start-ups created 1,741 jobs and brought energy access to 56,000 people

Пон., 10/22/2018 - 14:50

InnoEnergy, Europe’s sustainable energy engine supported by the EIT, has launched its inaugural impact report at The Business Booster (TBB) in Copenhagen. The report reveals that InnoEnergy’s work supporting energy start-ups is having a direct impact on Europe’s clean energy transition, with its start-ups having created 1,741 jobs across Europe and brought energy access to 56,000 people in developing countries since 2011.

Other key findings revealed in the report include that InnoEnergy´s assets will generate 1,147 GWh of power from clean energy sources, save 809.5m€ in energy costs and reduce carbon emissions by a total of 5.5m tons over 25 years, the equivalent to removing 47,000 cars from the road.

Elena Bou, Innovation Director at InnoEnergy, said during an exclusive press conference at TBB: “It is amazing to see the impact we are achieving together and to cement our position as the trusted innovation partner – guiding businesses on their journeys. Our 200 start-ups have brought innovative technologies to life that are meeting the energy challenges of our changing society. Whether it is by reducing greenhouse emissions or creating jobs, these companies are creating a noticeable impact on the way Europe thinks about, develops and uses sustainable energy.

Recent start-up success stories from the report include the Swedish wave power technology company CorPower Ocean, which has developed and tested a technology to turn waves into electricity with the aid of buoys.

Patrik Möller, CEO of CorPower, said during the press conference: “Wave energy is a huge opportunity for Europe to establish a new industry, with significant job creation and export business potential. In our recent deployment in Orkney, Scotland, we have just demonstrated fundamental improvements in survivability and efficiency.” CorPower is planning to build its first pilot arrays from 2021 to 2023 and pre-commercial farms from 2023.

André Moura, Founder & CEO of Pro-Drone, told the journalists: We have already carried out over 2,300 blade inspections in Europe and South America in our first year of commercial operation. We are proud to be delivering robust, high quality and safe inspections to over 15 clients with ambitious plans to grow globally in 2019.” Pro-Drone´s latest feature is an automatic damage identification tool that is helping inspectors to reduce their assessment time while improving their accuracy and robustness. Pro-Drone, the leading developer of automated drones for wind turbine blade inspections, on the other hand, is reducing the costs for onshore wind turbine services by €1,000 per inspection.

Lars Aagard, CEO of the Danish Energy Association, added: “Denmark has a strong history of green energy and innovation. The first modern windmill was born in Denmark and we also built the first offshore wind farms. These green milestones have only been possible because of a partnership between industry and government creating a stable framework for investors in the green solutions of tomorrow.

TBB is the only event that brings together sustainable energy innovators, established industry players, investors and public sector institutions. The sixth edition, taking place in Copenhagen on 17 -18 October, focuses on the theme “The Future is Now”. InnoEnergy has welcomed more than 700 attendees from over 40 countries to join 150 cutting edge sustainable energy innovations.

 

The post Europe: InnoEnergy start-ups created 1,741 jobs and brought energy access to 56,000 people appeared first on EnergyWorld Magazine.

Europe: A pre-accelerator program within the CEE organized by InnoEnergy

Пет., 10/19/2018 - 11:00

InnoEnergy, the innovation engine for sustainable energy across Europe, announces the second edition of the Primer pre-acceleration program for early-stage startups. The main goal is to get innovators from the Central and Eastern Europe to build their entrepreneurial skills and prepare their business to enter the acceleration and investment programs. The program sets a new and unified standard in terms of InnoEnergy’s pre-acceleration activities.

This 4 weeks program consists of 40 hours of theory and practical workshops led by professional mentors, industry experts, and experienced entrepreneurs. The topics range from legal and IP protection, to pitch deck design, to agile methodology, and more. Entrepreneurs learn how to choose and adapt appropriate business models, how to raise funds, and how to build a marketing and sales strategy. They also receive soft skills trainings, which include building leadership skills and team management. The program is adapted to the needs of participating startups.

Although there are many startups with great products that apply to our accelerator program, we have noticed that they are often missing critical business skills, which are needed for their market success – says Christo Balinow, InnoEnergy’s Business Development Director for CEE, Middle East and North America. – We created Primer, to fill this knowledge gap, and to increase the entrepreneurial potential in the region.

In each country, the Primer program ends with a local Demo Day, where all teams make a four minute pitch, followed by a three minute Q&A from the jury and audience. By the end of the program startups develop a set of deliverables that are required by potential investors, which include a letter of intent, a go-to-market strategy, a roadmap, and a competitive landscape.

The upcoming edition of the Primer will be run in all twelve InnoEnergy Hubs (Bulgaria, Croatia, Estonia, Greece, Hungary, Latvia, Lithuania, Romania, Serbia, Slovakia, Slovenia, Turkey). The first pilot edition of the program took place in the past spring in four countries: Hungary, Serbia, Slovakia, and Slovenia. Today, over 50 entrepreneurs have completed the Primer program.

The post Europe: A pre-accelerator program within the CEE organized by InnoEnergy appeared first on EnergyWorld Magazine.

Albania: Green economy pass through the human capital

Ср., 10/17/2018 - 15:59

By Lorenc Gordani, Legal Adviser in Albania Energy Market

The today Albanian energy market, similar to the transformation in many different fields of economy, has taken an in-deep reform that in some way were even difficult to be imagined only some times before. In practise, the country has adopted the same legal framework, integrating the institution and struggling to enforce the rule of law applied to the sector in all the European countries. An effort, first of all to our direct interest, but in same time, as part of integration process with the openness of the energy market in Albania, is giving a contribute to foster the opens of other countries in the South-East Europe.

As know the energy sector, after remove of the major legal obstacles to establishing organised electricity markets, has to adhere to a power exchange or, if economically justified, considering liquidity and economic viability, create an own power exchange, enabling wholesale market trade. As well as establishment of a functioning national balancing market based on above model; eliminate long-term contract in generation, and adopting national action plans for phasing out of regulate price in retail (since January 2016).

How can the above done? With the purpose to keep as much as possible concise, even the issues are complex and need many considerations, a radical game of change is a precondition. Lately, in its report that serve as a map for the Albanian government to achieve the goal of the 2030 development agenda the United Nations agency highlights that three platforms where to be focus: the governance and law, the green economy and investment in human capital.

Maybe due to my personal affinity with academia, I am mostly keen to the idea to start from investing in human capital, to make possible a fully liberalisation at least by 2025 (based to the target post from the new energy strategy). The potential is to our hand, but what we may aspect from the tomorrow when still today our universities do not have at all in their curricula any matter related to regulation of the power sector, market liberalisation and regional integration, sustainable development, efficiency and management of energy, management of renewable investments, etc.

In fact, the matter of the energy market, as interdisciplinary discipline is developing everywhere: in Albania somehow is primary the contribution of regulator with legal background, because within this stage of development, there is a need to lead politics, have investments and create market by laws (or better highly detail decrees). Normally, in developed countries, more space has given to economists, and in the most advanced by engineers, as someway in last is a matter of technology, innovation, electronic platforms, etc. However, the all make fundamental the role and contribute of the universities.

Since the first step towards market integration (or more precisely the market coupling) is seen to be done with Kosovo, it has to be start directly by building a join Energy Council. A body that will help to deal with the main challenges posted, advising the public authorities and helping in creating a regulatory tradition in the field of energy. In public field similar experiences are already present in national level such as the economic council or the investments, but similar experience are seen useful a in a lot of direction even by private initiatives frequently developed in academic level of universities (e.g. Economic Forum of Tirana).

Further, a lot has to be done to enable the public companies. Lastly, the WB has been involved with the reconstruction plan of the energy sector, and the acceleration of the reforms. A consultancy is supporting OSHEE (and of course other KESH and OST), with fully unbundling that need a better determine of the losses. However, the energy market consists of two parts strongly inherent to which other: the wholesale and retail market. The core of issues is that with the first have to do with some (mostly public) companies, but on retail side there are a lot small companies and sensitive consumer. To understand this last challenges, it can be remind that still many developed countries, are continuing to maintain the regulated tariffs (out of 19 from 28 countries).

And for concluding, keeping faith to the promise for staying concise, in the EU’s latest action plan, which has put in the spot the sustainable development and consumer attention, it was prepared a proposal up to 4600 pages! Then the task is rather challenging even only simply to handle all the matter, however, the experience up to here as to serve of something, especially if there will be a particular care on the improve and simplifies of the investment climate, boost the performance of private sector providing support for pre-feasibility study or business plans, combined with technical expertise and advisory to the promote the pilot projects, as well as the increase of access to finances. Nerveless, the all as to be made for the people and of course in last definitely is going to be made by the people.

The post Albania: Green economy pass through the human capital appeared first on EnergyWorld Magazine.

Romania: Electrica’s CEO is leaving the company

Вт., 10/16/2018 - 15:45

The Electrica SA Board of Directors and CEO Dan Cătălin Stancu agreed to terminate the collaboration starting November 1st, 2018.

The entire Board of Directors expresses full gratitude to Cătălin Stancu for his contribution to Electrica’s management,” said Elena Doina Dascălu, chairman of the Board of Electrica SA. “During his tenure, Catalin initiated significant changes that improved processes and working methods, generating performance for the future. He was a valuable person for Electrica in this challenging period. We want Catalin to be very successful in his future projects. ”

Cătălin Stancu said: “It was a privilege to lead Electrica during this transformation period. It was especially important to me, given that I had previously had a long history in the company, and therefore I strongly identified with it. I am convinced that we have taken many steps for the development and modernization of Electrica, confirmed by the current financial results. I wish the company to grow in the future. ”

The Board of Directors will immediately begin a transparent recruitment process through the Nomination and Remuneration Committee to select a successor. In order to ensure continuity, the Council appointed Mrs. Georgeta Corina Popescu as interim General Manager for a period of one year or until the appointment of a new General Manager. Mrs. Georgeta Corina Popescu is currently the General Manager of Muntenia Nord Electricity Distribution Company, part of Electrica Group.

The news came four days after Arielle Malard de Rothschild announced that she is leaving Electrica’s Board of Directors, due to additional responsibilities related to her core business.

The post Romania: Electrica’s CEO is leaving the company appeared first on EnergyWorld Magazine.

Europe: Facts and Figures Hydropower Balkans 2018

Пон., 10/15/2018 - 16:22

2nd annual International investment Summit and Exhibition “Hydropower Balkans 2018” (6-8 November 2018, Budva, Montenegro) is a dedicated platform bringing together ministers, major investors, decision-makers of flagship hydropower plants, and investment project initiators, as well as regulators, in a concerted effort to efficiently execute key projects for HPP construction and modernisation all over the Balkan region. Bronze sponsor: AndritzHydro.

Hydropower Balkans 2018 in facts and figures:

  • 200+ C-level executives of HPP and HPP operators, regional governments’ authorities, and leaders of equipment and technologies production;
  • Extended delegations from the Balkans flagship companies, namely:Bulgarian National Electric Company EAD, Macedonian Power Plants (ELEM), Elektroprivreda of the Republika Srpska, PPC, HIDROELECTRICA, HEP-Proizvodnja, VERBUND Hydro Power and others;
  • Among VIP guests: Bogdan-Nicolae Badea, President of Management Board, HIDROELECTRICA; Dietmar Reiner, Managing Director Energji Ashta, VERBUND;Momchil Vanov, CFO, Bulgarian Energy Holding; Ioannis Argyrakis, Director of hydroelectric generation department, PPC; Christopher Millward, Head for Europe, Middle East and North Africa, MIGA; Anastasia Markova, Director Electricity Production and Trade, Bulgarian National Electric Company EAD  and many others;
  • Regulatory representatives of the Balkan region countries: Ministry of Infrastructure and Energy of Albania, Ministry of Economy of Montenegro, Ministry of Energy of Romania, Ministry of agriculture, forestry and water economy of Macedonia, Regulatory Commission for Energy of Republic of Srpska and many others;
  • Onsite visitsto the Piva and Perucica HPPs.

 

Programme Highlights 2018:

  • Balkan greenfield projects with 2019-2025 implementation period: Albania, Serbia, Bosnia and Herzegovina, Macedonia, Croatia, Slovenia, Montenegro, Bulgaria, Romania and Kosovo
  • Energy Ministerial Meetingon international cooperation and effective implementation of the investment projects in the Balkans
  • Onsite visit to one of the most progressive HPPs in the Balkan region– explore effective project execution strategies!
  • Meeting the investors: project initiators will discuss collaboration opportunities with international investors within prescheduled meetings
  • Leaders’ debate: Single region implies consolidated energy market! Projections of governments, initiators and investors. Finance and investment landscape
  • Case studies from companies, successfully carrying out their projects for HPPs’ construction and modernization across the region
  • Tailor-made session and exclusive exhibition: innovative solutions and equipment in the context of greenfield and brownfield development
  • Unparalleled networking opportunities: gala dinner, exhibition, champagne roundtables, and face-to-face meetings
  • FAST AND EFFICIENT!Roadshow of breakthrough technologies and equipment

 

The post Europe: Facts and Figures Hydropower Balkans 2018 appeared first on EnergyWorld Magazine.

New report presents batteries with a brighter, greener future

Вт., 10/11/2018 - 13:10

A new report prepared for the European Commission presents the way for more sustainable batteries by exploring how new battery technologies could be designed to ensure strong performance for energy storage with minimal environmental impact. Design features which make batteries easier to reuse and recycle are key, it argues.

The report, Towards the Battery of the Future, also offers a glimpse into some of the battery technologies we could be using in future, discussing the environmental benefits and issues they bring.

The importance of batteries to our future is difficult to overstate. High-quality, innovative batteries are critical in efforts to cut greenhouse gas emissions through their role in storing secure supplies of low-carbon energy from renewable sources for our homes, businesses and vehicles. Batteries are also hugely important in helping power the expanding digital economy and an ever-growing number of portable electronics.

Marrying performance and sustainability
The pursuit of commercially competitive, high-performance batteries needs to go hand-in-hand with the quest to lower their environmental impact. The report explores a range of impacts exerted by current battery technologies that should be addressed by future designs. These include their greenhouse gas emissions, use of raw materials, toxicity and safety.

Choosing the right materials to make electrodes is one of the most important considerations for both performance and sustainability. We cannot rely on existing natural reserves of key ingredients for lithium-ion batteries – the most quickly growing form of technology on the battery market – in the long term, or in the event of a dramatic increase in demand. In time, raw supplies of these materials, including lithium, manganese, cobalt, nickel and natural graphite, are likely to dry up or suffer obstructions in vulnerable supply chains.

Packing as much energy as possible into a battery (that is, increasing its energy density) can provide a win-win solution to relieving pressure on resources and boosting the performance of batteries. A high-energy density can enable smaller, lighter batteries which need recharging less often, while also minimizing the amount of material used overall.

Circular economy designs
Moreover, many environmental issues presented by batteries can be mitigated, or even overridden, if batteries are effectively reused and recycled. These circular economy approaches to end-of-life treatment avoid many impacts of producing batteries, including greenhouse gas emissions, air pollution and resource use.

However, not all batteries are easy to reuse or recycle, notably lithium-ion, which has components that are difficult and energy-intensive to separate. A major change in the mindset of new battery development is recommended by the report, in which ease-of-disassembly for recycling and reuse is built into the design of batteries from day one.

Next-generation batteries
The report also outlines three novel technologies that we are likely to be using in the near future. Solid-state lithium batteries promise greater energy density and safety than existing lithium-ion technologies, while vanadium redox flow could come to be the predominant energy storage battery technology for stationary applications. Printed batteries, also explored, open up possibilities for a new generation of electronic devices, such as key components for the expanding Internet of Things.

European battery policy
Towards the Battery of the Future was produced by the University of the West of England (UWE) for Science for Environment Policy, the free news and information service from the European Commission’s DG Environment. It is published in the context of the European Commission’s proposal that the EU takes up the challenge of becoming a global leader in sustainable battery manufacturing.

In support of this ambitious goal, the European Commission convened the European Battery Alliance cooperation platform in October 2017 and endorsed a Strategic Action Plan on Batteries in May 2018 as part of the Europe on the Move package of sustainable mobility initiatives. The report is also highly relevant to the Batteries Directive, the only piece of EU legislation dedicated exclusively to batteries, which is currently under review.

 

The post New report presents batteries with a brighter, greener future appeared first on EnergyWorld Magazine.

InnoEnergy & Deloitte: Smog reduction could save European citizens €183bn by 2025

Ср., 10/10/2018 - 13:02

Radical new research results launched by InnoEnergy, Europe’s sustainable energy engine supported by the EIT, reveals that EU citizens are set to pocket €183bn by adopting innovative smog-reduction technologies over the next seven years.

The report, entitled Clean Air Challenge and produced in conjunction with Deloitte, comes in response to the European Commission’s findings that smog may account for as many as 1 in every 10 premature deaths in the world, and will cost the EU an €475bn between 2018 and 2025. That represents 2.9 per cent of average annual GDP.

Launched at an event with leading politicians and policymakers in Brussels, the report takes an in-depth look at the issue of air quality across the continent – highlighting concrete, innovative transport and heating solutions to protect European citizens from pollution and its impact on health.

Speaking at the event, Jerzy Buzek, Chair of the European Parliament Industry, Research and Energy Committee and former President of the European Parliament, says: “Smog is one of the most critical public health concerns of the century, accounting for as many as one in every ten premature deaths in the world – and over 400,000 premature deaths in Europe every year. The Clean Air Challenge report offers practical solutions that could help improve our citizens’ health and that could benefit the whole society. We must start implementing it throughout the EU without any delay.”

Diego Pavia, CEO at InnoEnergy, says: “It is shocking that in this day and age, smog should still pose such a risk to the health of our communities. Putting the huge economic cost to one side, there is no reason, with the technology that is becoming available to us, that citizens should not be able to breathe clean air. At InnoEnergy, we like to tackle problems head-on and this is no exception. Not only are we making available further research to better understand the issue and identify practical solutions, but we are also actively seeking opportunities to offer investment and wider support to ambitious businesses with passion and a plan to put a stop to smog.”

Irena Pichola, Partner, Leader of Sustainability Consulting Central Europe at Deloitte, says: “We must not forget that poor air quality affects people differently. For instance, there are huge regional variances in the causes and effects of smog, with most Western European smog coming from transportation, while heating produces the most pollution in the East. But, as mentioned in the report, wherever you look, the young are among the most affected. With an increase of 100 units of PM comes a reduction of average life expectancy of around 2.3 years among children by age 5. We are proud to work with InnoEnergy to look for solutions to an issue of such profound importance.”

The full report is available for download here: cleanair.innoenergy.com.

 

The post InnoEnergy & Deloitte: Smog reduction could save European citizens €183bn by 2025 appeared first on EnergyWorld Magazine.

The new Network Code for gas transmission, a big step towards functionality

Ср., 10/10/2018 - 09:42

A new Network Code for Gas Transmission enters into force on 1 October 2018, bringing important changes at the level of principles compared to the last versions of the Code, being able to finally make applicable this norm and contribute to ensuring the functioning of a liberalized market.

The Intelligent Energy Association in 2016 launched a country project called Starting over in the gas market with 10 steps, in order to build a real market and remove the pseudo market that is first of all detrimental to gas consumers. Following round table meetings organized in this period by the Association in order to debate the fact that We can have a fair gas price only with an objective Network Code and a functional market, it resulted that:

  1. a) There is a unanimous opinion at gas market level that We need a Network Code in Romania!
  2. b) Market participants have identified a number of causes of non-operation of the current Network Code in Romania, summarized in 7 categories (https://asociatiaenergiainteligenta.ro/?p=1131&lang=ro):
  3. Physical configuration of the current NTS and adjacent systems
  4. Legislative framework antagonistic to the old Network Code
  5. Incomplete and incoherent text of the old Network Code
  6. Nonexistence of flexibility mechanisms in the Romanian gas market
  7. Lack of IT platforms and modality for data transmission
  8. Sabotage of the Network Code implementation process
  9. Incompetence
  10. c) The Intelligent Energy Association has proposed a minimum set of principles to be taken over in the Network Code (https://asociatiaenergiainteligenta.ro/?p=1255&lang=ro):
  • separation of contracting for entry capacity from exit capacity,
  • entry capacity contracted exclusively by the system partner or its authorized representative (producer, storage operator, domestic importer),
  • exit capacity to be contracted by any system partner
  • trading of quantities to be made exclusively in the Virtual Trading Point (VTP), after gas introduction in the NTS and before delivery to the Distribution Systems from the NTS. For gas in the case of which the physical circuit does not interfere with the NTS, it is necessary to define other types of Trading Points, in distribution systems, in regional or local pipelines, in upstream pipelines etc.
  • ensuring the legal exception, on allowing natural or legal persons to trade intraday and ex-post imbalances, without holding commercial license, by introducing in the Gas Law the Exchange Titles,
  • establishing a Gas Market Operator, independent from the transmission activity, organized as company, licensed by ANRE and with regulated activity, which will have exclusively the role of counterparty in transactions, without being able to become owner of gas traded, and which will benefit from 0 profit from this activity. Thus, equidistance is ensured between the NU and TSO, and there is a possibility to sanction the TSO when it introduces imbalances in the NTS, respectively payment to other NU for gas consumed by the TSO and not received by the NU.

A summary initial evaluation of the New Network Code, given the aforementioned, shows that although some of the principles proposed to ensure the functioning of a Network Code in Romania have been taken over, and for which we believe an important step forward has been taken, there are still many elements that haven’t been addressed, which in our opinion raises multiple question marks on ensuring the normal functionality of this New Network Code. The Intelligent Energy Association plans to conduct a series of analyzes of the new Network Code, together with market participants, to establish in a fair and concrete manner the added value of this New Network Code. We believe this is necessary given the situations in the previous years, when due to existing ambiguities important shortcomings have occurred in the Security of the Natural Gas Sector in Romania, establishing additional payments for NU, some unjustified, which in the end were reflected in the price of gas to end-consumers, especially in the price paid by population.

 

The post The new Network Code for gas transmission, a big step towards functionality appeared first on EnergyWorld Magazine.

Romanian start-ups with electric storage solutions can win €100,000 cash prize from InnoEnergy

Вт., 10/09/2018 - 12:52

InnoEnergy today launches its global call for electric storage start-ups including from Romania. Fifteen of the most innovative, sustainable energy start-ups will receive a tailored package of added-value services and a €100,000 cash prize will be awarded to the best one.

Together with the European Battery Alliance (EBA), InnoEnergy aims to attract and support start-ups with innovative technology or business model concepts focused on electric storage. Of particular interest are electric storage innovations for application in transportation, for grid, distributed and mobile energy storage, or to deliver energy efficiency improvements and emissions reductions.

Successful applicants will receive a place on one of  InnoEnergy’s business creation programmes – the Highway or Boostway – and a tailored package of support, training, services and funding. The Highway uses a hands-on approach to support early stage start-ups in the go-to-market phase, helping ready products for commercialisation. The Boostway programme supports scale-ups to grow their businesses.

Launched in 2017, the EBA seeks to create a competitive and sustainable battery cell manufacturing value chain in Europe. InnoEnergy is working with more than 120 stakeholders within the EBA to achieve this ambition and help develop a new market that could be worth €250 billion a year by 2025.

Elena Bou, innovation Director at InnoEnergy, says: “Acting as a trusted partner, we’re here to give businesses the lift off they need to reach commercialisation. Through our unique ecosystem we offer start-ups unparalleled access to everything they need to make a resounding business success of their innovative ideas.”

Successful applicants will gain access to a network of more than 385 partners and including specialist business angels, InnoEnergy’s European VC community and public funding bodies. Start-ups also gain board-level advice and mentorship and a front-row seat at European energy events, including The Business Booster – InnoEnergy’s annual networking event where companies across the energy value chain attend to meet start-ups and innovations under one roof.

Bo Normark, InnoEnergy’s thematic leader for energy storage adds: “Europe needs innovative electric storage solutions to support the decarbonisation of transport and heat through electrification. It is our mission to find businesses with unique and innovative concepts, products and solutions that have the potential to be part of the sustainable battery cell manufacturing value chain.”

The call for start-ups is open until 30 October 2018. The application process consists of five phases; an initial application, an internal evaluation, a five-minute video pitch and an external expert assessment. Following the external assessment 30 applicants will pitch their idea to two parallel juries, and 15 winners will be selected. At the celebration event in February 2019 one winner will be awarded a prize of €100,000.

Applicants will be evaluated based on the following criteria:

  • Innovativeness of the business idea
  • Value proposition
  • Addressable market size
  • Scalability of product/service
  • Founding team and ownership structure
  • Competitive advantage
  • Impact potential
  • Ability to leverage on InnoEnergy as a partner

More details about the program are available here: https://electricalstorage.innoenergy.com/

 

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Europe: Join the Open Discussion on new hydropower hot spots – Caspian, Central Asia, Latin America and the Balkans

Ср., 10/03/2018 - 15:14

We’re delighted to announce the Open Hydropower Debate that will be held on 16th October 2018 in Gdansk, Poland.

Register for FREE https://www.hydropowercongress.com/en/debates/

Join the experts in hydropower industry to enjoy networking and evening cocktails. This is the perfect setting to consider all the pros and cons of working in hydropower industry in promising regions of Caspian and Central Asia, Latin America and the Balkans.

The Proposition: This house believes that new hydropower hot spots are not in Central Europe

The speakers are:

  • Proposition: Øystein Lilleland, Head of Global Market, Norconsult AS
  • Opposition: Ajay Chaudhary, Hydropower Account Leader, Mott MacDonald

During the debate you will:

  • Get the updates on the world’s emerging hydropower hot spots
  • Equip yourself with the information about flagship investment projects in Caspian, Central Asia, Latin America and the Balkans
  • Discuss the most significant issues, challenges and risk in hydropower industry of these regions
  • Explore the opportunities and prospects to gain a tangible advantage for your company to work in these new emerging markets

Event: Open Debate Hydropower Caspian and Central Asia, Balkans, Latin America
Date: 16 October, 2018
Venue: Gdansk, Poland, 17:30-19:30
Organiser: Vostock Capital

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Visit Piva and Perucica HPPs planned to be reconstructed over the next 5 years

Пон., 09/17/2018 - 11:20

Vostock Capital is happy to invite you to the onsite visit to Piva and Perucica HPPs, Montenegro, planned to be reconstructed over the next 5 years. The visitors will learn about the Operator EPCG’s investment programme for HPP reconstruction, as well as technologies, equipment used, and expected performance indicators. Besides, the participants will have the opportunity to get in touch with the Operator’s and HPPs’ decision-makers.

  • ONSITE VISIT TO PIVA HPP*, MONTENEGRO

HPP “Piva” is a reservoir dam facility with one of the largest concrete arch dam in the world. It was built in 1976. Installed power — 342 MW.

  • ONSITE VISITS TO PERUCICA HPP*, MONTENEGRO

HPP “Perućica” is the oldest large hydropower plant in Montenegro and was put into operation in 1960. Its installed capacity is 307 MW.           

* The number of participation passes on the onsite visit is strictly limited. Contact the organizer to learn about participation terms and conditions.

The participants of the onsite visit will visit two hydropower stations and learn about the operators’ investment plans on revitalization, technologies and equipment required for implementation, and what results of modernization are expected.

As a reminder, the onsite visits are organized in the run up to the 2nd International Summit and Exhibition “Hydropower Balkans 2018”, held in Budva, Montenegro, on November 6-8, 2018.

2nd annual International Investment Summit and Exhibition “Hydropower Balkans 2018” (6-8 November 2018, Budva, Montenegro) is a dedicated platform bringing together ministers, major investors, decision-makers of flagship hydropower plants, and investment project initiators, as well as regulators, in a concerted effort to efficiently execute key projects for HPP construction and modernisation all over the Balkan region. Bronze sponsor: AndritzHydro.

Register now: https://www.hydropowerbalkans.com/registration/

 

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Upcoming Wind Power projects will be discussed at Open Russia Wind Power Debate this September

Ср., 09/12/2018 - 13:50

Open Russia: Wind Power Debates will be held on September 26 in Hamburg. Join the open discussion on Russia’s wind power potential to consider all the pros and cons of working in Russian market. Experts and participants will discuss 100 new wind power farms in Russia that will be construct by 2024.

Russia has huge technical and economic wind power potential — 16500 TWh/year. Following the Russian’s national programme outlining the support measures for renewables, 3.35 GW of wind power plants are to come online before 2024. The large-scale construction of wind power parks takes place in numerous regions of Russia: Rostov and Ulyanovsk regions, Krasnodar and Stavropol territories, Tatarstan Republic and others.

 

During the debate the participants will:

  • Get the information about Russian’s national strategy for construction wind power farms
  • Discuss the investment potential of Russian wind power industry
  • Identify the risks of working at Russian’s wind power market and how to overcome them
  • Learn about new wind power project planned in 2019-2024

Register for free: http://www.windrussiaconference.com/en/debates/

 

Open Russia LNG Debate is held prior to Wind Power Russia 2019 (27-28 February, Moscow)

Official website: http://www.windrussiaconference.com/en/

 

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Romanian cleantech and energy oriented SMEs invited to apply for funds from EIT InnoEnergy

Ср., 09/12/2018 - 10:19

EIT InnoEnergy, Europe’s sustainable energy engine supported by the EIT, today announces the cut-off date for applications to its 2018 Investment Round for supporting revolutionary, cleantech and sustainable energy innovations. Innovators looking for investment before the end of the year must apply by 4 October to receive their support in time.

The Investment Round targets SMEs with proven technology concepts that will transform the future of energy in Europe. Since launching the Round in 2011, EIT InnoEnergy has invested €190 million in projects spanning eight technology areas across Europe – resulting in €3 billion of forecasted sales. These are: Clean Coal and Gas Technologies, Energy Storage, Smart and Efficient Buildings and Cities, Energy Efficiency, Energy from Chemical Fuels, Smart Electric Grid, Renewable Energies and Nuclear Instrumentation.

On top of funding, EIT InnoEnergy offers applicants a trusted and proven, collaborative innovation platform and access to an energy innovation ecosystem of more than 385 industry partners from across the mix of sustainable energy solutions.

In Romania, Craft Bicycle, the national winner of this year’s edition of PowerUp! energy start-ups dedicated international competition, is taken into consideration by EIT InnoEnergy for potential investments. Craft Bicycle start-up reinvents the biking industry by building bamboo bikes.

 InnoEnergy considers commercialization as a priority business need of small and medium enterprises when carrying out an innovation project. Besides, it is extremely important to shorten time to market, products internationalization, to scale business activity up and to get an access to de-risked, predictable financing. That is how the current needs of SMEs in the energy innovation sector look like”, says Marcin Lewenstein, Innovation Officer in InnoEnergy Central Europe.

Product commercialization
EIT InnoEnergy task is to identify and enable access to partners who help them define and provide them with access to their target group when launching a new solution. Using the support, it is possible to accelerate a moment of the products start.

Scaling up and industralization
Starting with a large-scale production is one of the phases that requires more investment. EIT InnoEnergy provides knowledge and help avoid common mistakes that might hinder the industrialization process.

De-risked, predictable financing
In general, projects financed by EIT InnoEnergy require a development in technology or prototypes, so the economic investment is high. Cooperation with EIT InnoEnergy enables quick funding activation and efficient process of innovative product implementation.

Jakub Miler, CEO of EIT InnoEnergy Central Europe says: “It is our mission to accelerate the clean energy transition in Europe. So, we are identifying, investing in and partnering with the very best and brightest innovators in the sector to help them scale-up, reduce their time to market and ultimately commercialise their technology.

And I mean true partnership. We go beyond the mere contribution of cash to help our partners grow. Not only do we provide access to Europe’s leading network of cleantech and sustainable energy expertise, but we provide sustained support through marketing and other value-building services.”

Businesses can find out more about the Investment Round, including how to apply, at https://investmentround.innoenergy.com/aplicationcriteria.

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Europe: Major investment projects for the construction and modernisation of Hydropower Plants in the Balkans

Вт., 09/04/2018 - 16:25

A team of analysts from Vostock Capital has prepared a report on hydropower development projects in the Balkans.

Among the major investment projects:

  • Kosinj/Senj development project (Republic of Croatia)

Project envisages reconstruction of the Sklope HPP and the construction of new facilities: the Kosinj reservoir (vol. 330 mil m3), the Kosinj HPP (33.7 MW) and the Senj II HPP (380 MW). Additionally, several tunnels and canals are to be constructed. The compensation basin will be enlarged with a new basin to ensure additional volume of ca 2.1 million m3. The estimated investment is EUR 500 million and the envisaged construction period is 7 years.

  • Cebren and Galiste HPPs (Republic of Macedonia)

The Macedonian government has decided to set up a working group to provide recommendations on the construction of the Cebren and Galiste HPPs. The project is estimated to cost  EUR 220 million, and the HPPS will have capacity of 333/347MW and 193.5MW, respectively.

  • Vrilo HPP (Bosnia and Herzegovina)

EPHZHB held a groundbreaking ceremony for the Vrilo pumped-storage hydropower plant on the Šuica sinking river near Tomislavgrad on 16 July 2018. The Vrilo pumped-storage hydropower plant to be built in an investment worth EUR 89.1 million, is designed to have two units with a total installed capacity of 66 MW, with operations planned to begin in 2023.

Request the full list of investment projects: http://www.hydropowerbalkans.com/en/request-the-full-list-of-investment-projects/

Please note that these and other investment projects will be highlighted at the 2nd International Summit and Exhibition “Hydropower Balkans 2018” (November 6-8, Budva, Montenegro).
If you would like to participate in the summit as a sponsor, exhibitor, speaker or delegate, or if you have any comments, please contact me on the details below.

 

Contact person: Forum Director Milana Stavnaya
Email: MStavnaya@vostockcapital.com
Tel. +44 207 394 3090
Website: http://www.hydropowerbalkans.com/

 

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Europe: Why the future is DLTs and Blockchain 

Пон., 09/03/2018 - 15:45

The hype behind blockchain has reached a full-blown frenzy but it certainly is the new tech on the block. We recently sat down with Oliver Oram, CEO from Chainvine for a chat about why this tech is so important now more than ever in the energy trading sector amongst other topics looking at DLTs and data security.

Join us in this interview below as Oliver also gives us a sneak peek of his topic ahead of the 10th ETOT Summit this October!

  1. DLTs and blockchain generate an enormous amount of interest within the energy trading sector. What do you believe is the greatest benefit of embracing this technology (for the utilities and trading companies)? 

    The greatest benefit will come from the capability of the technology to eliminate the need for intermediaries since contacts can be made between peers.

    Also, [Blockchain] provides the capability to scale up the system quite easily with no risk of sharing more than intended providing an Integrated Platform that all ‘untrusting’ parties can access.

    This has not been possible before where competitors would not want to share their systems with competitors – the advantage of this can’t be overstated.

  2. Security of data is often a concern for commodity and energy trading companies. What are the best practices in that field? 

    Security of data is better achieved with Blockchain since parties involved in a transaction can utilise the required level of encryption – e.g. two parties doing business can easily encrypt using PublicPrivate keys before the data goes to the Blockchain.

    Therefore while the encrypted data is available, only parties with the correct private key can see the data. Private chains such as Corda and Hyperledger also allow the creation of channels where data is only available to relevant parties. DLT technology provides many ways of implementing security – Also as we all know – no system is secure – every system can be secured!

  3. You’ll be leading a blockchain workshop on the third day of ETOT to help IT practitioners integrate these new tools into their overall IT strategy. Could you give us a sneak peek at what you’ll cover during the session? 

    We will be looking at existing cases where testing and integration has gone on, also we will address the different ways in which one can test and try the technology perhaps internally or through small agile tech start-ups.

    We will also address the many different flavours of Blockchain or just look at the point that Blockchain is in some people’s opinions a subset of  distributed ledger technology and the word is now used to describe the whole sector.

 

To find out more about the session, visit ETOT programme’s page here

 

The post Europe: Why the future is DLTs and Blockchain  appeared first on EnergyWorld Magazine.

Europe: How ‘Cloud-y’ is energy trading getting?

Пон., 09/03/2018 - 13:07

As energy trading companies move more and more activities to the cloud, we sat down with Amir Soufizadeh, heading the Commodities and utilities Practice at BJSS, to get his thoughts on the pitfalls to avoid when migrating to the cloud, his take on security concerns, and his vision on the current and upcoming industry trends.

Many companies are currently implementing cloud solutions. What would you say are the main pitfalls to avoid in that field?

Implementing cloud is like any change activity, you have to consider both people and process as well as the technology.
Many companies who have tested cloud solutions on a few workloads, and found it to deliver some immediate benefits, then fall down when implementing a bigger change, which then leads to a stall in implementation. Ensuring the right skills, operational model and control of costs are important key factors to consider and plan for well in advance. Another key aspect is the security which is as always should be on top of the agenda when implementing cloud solutions but the security boundary often moves from the data centre to the individual developer or engineer who has to be security aware more so than ever.

IT and back office professionals often talk about data security as being a great source of concern. What do you say to your clients when they bring this up? What are the top measures to avoid being vulnerable, especially when working with the cloud?

Security in the cloud is a top concern for most organisations. Although there is an argument that the cloud data centres are inherently more secure than most organisations due to the investment made by cloud operators, the risks of a breach are still there.

We are helping many of our clients develop a cloud foundation layer that provides the business with standards and patterns for cloud adoption. A successful cloud foundation layer deals with people, operations, governance, cost and finance, platform and most notably security. All functional owners need an understanding of the security principles as applied to cloud, and we’re seeing security awareness increasingly being taken on as an education activity across the business.

Following the adoption of a cloud foundation layer and awareness, we see the implementation of security policies and patterns made available to all involved in cloud engineering, and the establishment of a cloud security governance capability that not only reviews the initial design but does it continuously. In summary, organisations need to adopt a cloud foundation layer to provide structure, develop an education program to provide awareness, and define cloud security policies, standards and patterns to provide enablement.

Apart from cloud computing, what do you see as trending in energy trading? What are your clients focusing on at the moment?

Largely driven by market uncertainty, the security of supply, and volatility of global pricing, many large players are looking towards a future in renewable energy. The appeal is that these energy sources will become more affordable and reliable than their traditional rivals. Utility players also aim to enhance their predictive analytics capabilities. This will boost customer knowledge and will allow firms to offer more advanced energy management solutions. Driving effective IT/OT integration will be critical to enable data and operations to work together seamlessly. Another area of focus is Blockchain, which has the potential to greatly disrupt the utilities sector. This will result in changes to the existing business environment, decentralisation and democratisation of legacy business processes.  In summary, the utilities industry is well into a substantial transformation. Consumers will expect to benefit from these changes, so a top priority for most energy firms will be to use digital channels, collect data in real-time, and embrace analytical data sources and collection methods.

 

Amir will be leading a session on cloud computing during ETOT 2018, alongside Karim Alnakkash, PowerShift Lead at EDF Energy.
To find out more about the session, visit ETOT programme’s page

The post Europe: How ‘Cloud-y’ is energy trading getting? appeared first on EnergyWorld Magazine.

Europe: Join the Open Discussion on new hydropower hot spots – Caspian, Central Asia, Latin America and the Balkans

Вт., 08/28/2018 - 11:56

Open Debate Hydropower Caspian and Central Asia, Balkans, Latin America will be held on October 16, 2018 in Gdansk, Poland.

Sufficient hydro resources make Caspian, Latin America, Central Asia and the Balkans regions the most promising emerging hydropower markets. While the industry in these regions offers great opportunities, it also comes with complex challenges and risks that vary significantly depending on region, country, type and scale of projects.

Join the debate to provide yourself with information on new hydropower hot spots – Caspian, Central Asia, Latin America and the Balkans for free: https://www.hydropowercongress.com/en/debates/

The Proposition: This house believes that new hydropower hot spots are not in Central Europe

During the debate you will:

  • Get the updates on the world’s emerging hydropower hot spots
  • Equip yourself with the information about flagship investment projects in Caspian, Central Asia, Latin America and the Balkans
  • Discuss the most significant issues, challenges and risk in hydropower industry of these regions

Explore the opportunities and prospects to gain a tangible advantage for your company to work in these new emerging markets

Event: Open Debate Hydropower Caspian and Central Asia, Balkans, Latin America
Date: 16 October, 2018
Venue: Gdansk, Poland, 17:30-19:30
Organiser: Vostock Capital

 

The post Europe: Join the Open Discussion on new hydropower hot spots – Caspian, Central Asia, Latin America and the Balkans appeared first on EnergyWorld Magazine.

Europe: Major investment projects for the construction and modernization of Hydropower Plants in the Balkans

Пон., 08/27/2018 - 11:33

A team of analysts from Vostock Capital has prepared a report on hydropower development projects in the Balkans.

Among the major investment projects:

  • Kosinj/Senj development project (Republic of Croatia)

Project envisages reconstruction of the Sklope HPP and the construction of new facilities: the Kosinj reservoir (vol. 330 mil m3), the Kosinj HPP (33.7 MW) and the Senj II HPP (380 MW). Additionally, several tunnels and canals are to be constructed. The compensation basin will be enlarged with a new basin to ensure additional volume of ca 2.1 million m3. The estimated investment is EUR 500 million and the envisaged construction period is 7 years.

  • Cebren and Galiste HPPs (Republic of Macedonia)

The Macedonian government has decided to set up a working group to provide recommendations on the construction of the Cebren and Galiste HPPs. The project is estimated to cost  EUR 220 million, and the HPPS will have capacity of 333/347MW and 193.5MW, respectively.

  • Vrilo HPP (Bosnia and Herzegovina)

EPHZHB held a groundbreaking ceremony for the Vrilo pumped-storage hydropower plant on the Šuica sinking river near Tomislavgrad on 16 July 2018. The Vrilo pumped-storage hydropower plant to be built in an investment worth EUR 89.1 million, is designed to have two units with a total installed capacity of 66 MW, with operations planned to begin in 2023.

Request the full list of investment projects: http://www.hydropowerbalkans.com/en/request-the-full-list-of-investment-projects/

Please note that these and other investment projects will be highlighted at the 2nd International Summit and Exhibition “Hydropower Balkans 2018” (November 6-8, Budva, Montenegro).
If you would like to participate in the summit as a sponsor, exhibitor, speaker or delegate, or if you have any comments, please use the contact info below.

Contact person: Forum Director Milana Stavnaya
Email: MStavnaya@vostockcapital.com
Tel. +44 207 394 3090
Website: http://www.hydropowerbalkans.com/

 

The post Europe: Major investment projects for the construction and modernization of Hydropower Plants in the Balkans appeared first on EnergyWorld Magazine.

Romania: Transgaz to invest 360 million euros in pipeline for taking over Black Sea gas

Пет., 08/24/2018 - 13:18

Transgaz is going to invest 360 million euros in building the Tuzla-Podisor pipeline for taking over the gas to be extracted from the Black Sea and transport it to the export pipelines, inform the company managers in the activity report for H1.

“The major objective of this investment is to build a telescopic pipeline for natural gas transmission between Tuzla and Podisor, to measure 308.3 in length and 1200 and 1000 DN respectively, which will link the natural gas resources available on the Black Sea shore with the Bulgaria-Romania-Hungary-Austria corridor, ensuring thus the possibility of transmitting the natural gas to Bulgaria and Hungary through the existing interconnections Giurgiu-Ruse (with Bulgaria) and Nadlac-Szeged (with Hungary),” shows the abovementioned document.

Moreover, this pipeline will interconnect with the current international pipeline for natural gas transmission Tranzit 1 (Isaccea-Negru Voda).

So far, the company carried out the feasibility and environmental impact studies and obtained the building authorization for this project. The final decision related to the investment will be taken this year, with the actual construction works to be carried out in 2019-2020.

Transgaz estimates that commissioning and going into operation in this pipeline case will take place in 2020, although the timetable for the project development could later suffer modifications, depending on the development of the upstream offshore projects.

The post Romania: Transgaz to invest 360 million euros in pipeline for taking over Black Sea gas appeared first on EnergyWorld Magazine.

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