Past Events - 2002 -

 1st Investment Conference CD-Rom with Conference Proceedings

Agenda

 Press Materials

Brochure

Sponsors

Speakers

Conference Themes

Power Privatization and Competition Barriers to Entry - Investment Experiences Market Power, Service Quality Pricing Policies Pricing Methodologies and Approaches Investor Perspectives on Pricing Practices Electricity, Gas, District Heating Regional Electricity Trade Congestion Management and Interconnection Baltics, CIS countries, CENTREL, Southeast Europe

Atmosphere for a One-on-One Dialogue

Breakout groups, small panels, and informal social events will provide you with numerous opportunities to discuss the investment climate with the key decision makers in each country who design tariffs, develop licensing instruments, and oversee cross-border trade. The conference will conclude with a special networking session that will allow participants to engage in individual country-specific discussions regarding investment opportunities and regulatory requirements.

Learn about the EU and US perspective

We are also excited to bring you the leaders of energy regulation in the US and the European Union. High-ranking members of the National Association of Regulatory Utility Commissioners (NARUC) and the Council of European Energy Regulators (CEER) will participate in this event.

Who Should Attend this Event?

Utility Industry Financial Industry Economists Investment Bankers Lawyers Consultants Utility Regulators Regulatory Staff Consumer Groups Media

Welcome to the 1st Energy Regulation & Investment Conference for Central/Eastern Europe and the Commonwealth of Independent States (CEE/CIS)!

I am delighted to launch the Energy Regulation & Investment Conference designed to provide power sector professionals with the opportunity to interact with senior energy regulators from more than 20 countries and learn about the investment and regulatory climate in the CEE/CIS region.

Our conference will feature three major themes. These topics will be addressed in plenary sessions, panel discussions, and innovative concurrent session tracks that target three sub-regions and three energy sectors.

Privatization & Competition - There are abundant investment needs in the region both in the form of privatization possibilities and new projects. What is the best strategy to approach these opportunities? Investors, representatives of utilities, regulators, and privatization officials in the region will share with you their ideas and experiences during three sub-regional roundtables.

Pricing & Investment Policies - Despite many challenges, independent regulators in CEE/CIS countries have demonstrated significant progress and achievements in the tariff/pricing area. Our focused breakout sessions will examine current tariff structures and new policies that apply to the pricing of electricity, gas, and district heating services.

Regional Electricity Trade - Many ERRA member countries are preparing for the integration of their energy systems with the European Union (EU) and international energy markets. We are delighted to have members of the Council of European Energy Regulators (CEER) from Western Europe join us to explore the implications of these larger electricity trading systems for regulators and the regional and institutional development dimensions.

In addition to these highlights, our conference will feature a Welcome Reception on April 24 and a special Danube River Cruise Reception on April 25. These events combined with the small group discussions promise you ample opportunity to network with regulators and industry alike.

My special thanks to our sponsors and to the U.S. National Association of Regulatory Utility Commissioners and the U.S. Agency for International Development for their technical and financial assistance.

Sincerely,

Dr. Peter Kaderjak
Chairman, ERRA

Agenda

Wednesday, April 24, 2002

15:00 - 17:00 Registration 18:00 - 19:30 Welcome Reception

Thursday, April 25, 2002

07:30 - 08:30 Registration Conference Opening 08:30 Welcoming Remarks President Zsigmond Jarai, Hungarian National Bank 08:45 Introductory Remarks Chairman Peter Kaderjak, ERRA (President, Hungarian Energy Office) Mrs. Eva Hegedus, Deputy State Secretary, Ministry of Economic Affairs Dr. Robert Ichord, Chief, Energy & Infrastructure, Europe and Eurasia, USAID President William Nugent, National Association of Regulatory Utility Commissioners (NARUC) 09:30 Keynote Address President Jean Lemierre, European Bank for Reconstruction and Development 09:45 Keynote Address: Organization and Regulation of Energy Markets in the European Union President Jorge Vasconcelos, Council of European Energy Regulators (President, Energy Regulatory Authority, Portugal) 10:00 Coffee Break (Sponsored by KWI) Plenary Session I: Privatization & Competition Moderator: Mr. Branko Terzic, Managing Partner, Resources, Energy and Infrastructure, Deloitte & Touche, USA 10:30 Opportunities for Investment - National Privatization Plans Mr. Anthony Marsh, Director, Power and Energy Utilities, Infrastructure Division, EBRD 10:50 Status of Electricity Markets and Competition Dr. Gabor Szorenyi, Deputy Director, Hungarian Energy Office 11:15 Panel: Investment Opportunities & Barriers in the Region Moderator: Mr. Graham Shuttleworth, Director, NERA Economic Consulting, United Kingdom Presenter: Mr. Branko Terzic, Managing Partner, Resources, Energy and Infrastructure, Deloitte & Touche, USA Respondents: Mr. Wolfgang Strassburg, Vice President, RWE Aktiengesellschaft, Germany Mr. David Herne, UES Board; Portfolio Manager, Brunswick Capital Management, Russia Mr. Steve Wolf, Vice President and Managing Director, Central & Eastern Europe, NRG Energy, Inc., Czech Republic 12:30 Lunch

Breakout Session: Privatization & Competition Roundtables 14:00 Concurrent Breakout Groups by Region This session will allow participants to learn about privatization and competition in three sub-regions. Each group will start with a discussion of a specific country case study: Poland in Central/Eastern Europe, Romania in Southeast Europe and Ukraine in the CIS. The second half of each breakout session will include short individual country regulatory updates and discussion on general sub-regional trends and issues, such as market power, service quality, incentives, liberalization and restructuring, among others. Time   Central Eastern Europe Southeast Europe Commonwealth of Independent States   country > topic \/ Czech, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia Albania, Bosnia, Bulgaria, Croatia, Macedonia, Romania, Serbia Armenia, Georgia, Kazakhstan, Kyrgyz Republic, Moldova, Russia, Ukraine 14:00 Introductory Remarks by Moderators: General Trends & Common Problems of the Region Chairman Vidmantas Jankauskas, Lithuanian Control Commission Dr. Robert Ichord, Chief, Energy & Infrastructure, Europe & Eurasia, USAID Mr. James Ellison, General Director, AES Ekibastuz, Kazakhstan 14:10 Session A: Country Case Studies on Privatization & Competition Poland Romania Ukraine President Leszek Juchniewicz (Ph.D) Energy Regulatory Authority, Poland President Ion Lungu, Romanian Electricity and Heat Regulatory Authority Chairman Yuri Prodan, National Electricity Regulatory Commission, Ukraine (on behalf of Commissioner Lubov Goncharova, NERC) 14:30   Minister Wieslaw Kaczmarek, Ministry of the Treasury, Poland, Poland Alexander Sandulescu, Director, Tariff Department, Electricity & Heat Regulatory Authority, Romania (on behalf of Secretary Iulian Iancu, Secretary of State for Energy, Ministry of Industry and Resources) Mr. Leonid Kalnichenko, Deputy Head, State Property Fund, Ukraine 14:50   Mr. Grzegorz Gorski, President of the Board, Electrabel Polska, Poland Mr. Billy Johansson, President, AB Electro-Invest, Romania Mr. Nikolai Rachyn, Advisor, Chairman of the Division Centrenergo, Ukraine 15:10 Country Case Studies - Q&A Poland Case Study Q & A Romania Case Study Q & A Ukraine Case Study Q & A 15:30 Coffee Break       16:00 Session B: Energy Regulatory Country Updates and General Discussion Central Eastern Europe Southeast Europe Commonwealth of Independent States 17:30 Sessions Conclude 19:00 Danube River Cruise Reception (Sponsored by Csepeli Aramtermelo - an NRG Subsidiary)

Friday, April 26, 2002

Plenary Session II: Pricing & Investment Policies Moderator: Mr. Walter Boltz, Director, Electricity Control, Ltd., Austria 08:30 Pricing Methodologies and Approaches Mr. Konstantin Petrov, Senior Consultant, KEMA Consulting, The Netherlands 08:50 Price Developments in the Region - A Comparative Analysis Mr. James Gallagher, Chief of Retail Competition, New York Public Service Commission, USA 9:10 Panel: Investor Perspectives on Electricity and Gas Pricing Practices Presenter: Mr. Jean-Claude Dorcimont, Vice President, Tractebel S.A., Belgium Respondents: Mr. Istvan Bakacs, Member of the Board, EON Hungary Mr. Daniel Dumont, General Representative, Electricite de France (Hungary) Mr. Ian Benfield, Regulations Manager, TXU-Europe 10:00 Coffee Break (Sponsored by KEMA Consulting)

Breakout Session: Pricing & Investment Roundtables 10:30 Concurrent Breakout Groups by Sector This session will allow participants to learn about pricing and investment in three energy sectors. The first group will focus on regulatory treatment of financial losses in the electricity sector. The second group will discuss issues related to combined heat and power production. The third group will analyze issues related to gas trading. Following these sector specific case studies, participants will be able to discuss additional pricing issues in specific regions or countries.   Breakout Group Electricity Electricity & District Heating Gas 10:30 Introductory Remarks by Moderators: General Trends & Common Problems of the Region Chairman Vardan Movsesyan, Energy Commission, Armenia Mr. Alexander Sandulescu, Director, Tariffs, Commercial Regulations and Consumer Protection Department, Romanian Electricity and Heat Regulatory Authority Mr. Tibor Hejj, Vice President, AT Kearney   Sector Case Study topic> Post-Privatization Process: Regulatory Treatment of Nonpayment, Theft, Commercial Losses Cost Allocation: Combined Heat and Power Production Managing the Risk of Gas Price Volatility 10:40 Speakers Mr. Florin Gugu, Director, Tariffs Department, Romanian Electricity and Heat Regulatory Authority Vice Chairman Vygintas Sidzikauskas, National Control Commission for Prices and Energy, Lithuania Mr. Laszlo Varro, Chief Economist, Consumer Protection and Pricing Department, Hungarian Energy Office 11:00   Mr. Ignasio Ibarra, President, Union Fenosa/Moldova Mrs. Aniko Pogany, Director of Strategy and Business Development, Pannon Power, Hungary Commissioner Stan Wise, Georgia Public Service Commission, USA 11:20   Mr. Andrej Juris, SeniorConsultant, NERA Economic Consulting Mr. Hezy Ram, Executive Vice President, Ormat Industries, Karaganda Group, Karaganda, Kazakhstan Commissioner Angel Semerdjiev, State Regulatory Commission, Bulgaria; Chairman Vidmantas Jankauskas, National Control Commission for Prices and Energy, Lithuania 11:40 General Discussion       12:30 Session Concludes       12:30 Luncheon Keynote Address Mr. Pedro de Sampaio Nunes, Director, Directorate C, Directorate-General for Energy & Transport, European Commission

Plenary Session III: Regional Electricity Trade Moderator: Dr. Charles Zimmermann, Nexant, Inc. 14:00 Introductory Remarks President William Nugent, National Association of Regulatory Utility Commissioners, USA 14:10 Implications and Preparations for Neighboring Countries Commissioner Juan Ignacio Unda, National Energy Commission of Spain 14:40 Overview Regarding Current Developments of Regional Electricity Trade in the CEE/NIS Region Mrs. Maria Manicuta, Director, Licenses, Authorization and Technical Regulations Department, Romanian Electricity and Heat Regulatory Authority 14:50 Panel: Regional Trade Developments & Perspectives Respondents: Mr. Juha Kekkonen, ETSO Steering Committee Chairman Mr. Karoly Gerse, Commercial Director, Magyar Villamos Muvek (MVM), Hungary Commissioner Sergio Garribba, Regulatory Authority for Electricity and Gas, Italy 15:30 General Discussion 15:50 Conference Concluding Remarks Chairman Peter Kaderjak, ERRA Individual Networking Sessions (Coffee Break) 16:00 More than 50 Energy Regulators and select privatization officials from 20 countries in the region will be available for individual discussions and consultations. This final session will provide participants with a unique opportunity to discuss their investment plans and regulatory issues with key regulatory decision makers in the electricity and gas sectors. 17:30 Conference Concludes

Materials

Press Clippings

• Interfax Hungary, April 25
  • English
• Interfax Hungary, April 26
• English
• Magyar Hirlap
  • Hungarian
  • English
• Magyar Nemzet
  • Hungarian
  • English
• Nepszabadsag
  • Hungarian
  • English
• Portfolio
  • Hungarian
  • English
• ERA Magazine - Swedenergy
  • Swedish