Event Preview: Nordic Energy Day 2022
We are so happy to be able to welcome you back to a more traditional Montel event now that in-person conferences have returned! Read on for a brief overview of each session taking place on the day, find out who our guest speakers are this year and see which sessions will also be available over zoom.
Nordic Energy Day 2022 returns to it's usual home, hosted at the Radisson Blu Plaza in Oslo on 25th August. With 12 different presentations and panels running throughout the day, we will be covering all of the key issues driving Nordic energy markets, including: how the Nordic market fits into Europe's energy crisis, how quickly can Europe wean itself off Russian gas, when will carbon prices reach EUR 100/t? and much much more...
The future of the Nordic power market amid Europe’s energy crisis
Toini Løvseth, Energy Norway
09:40 - 10:00
The day's opening session will be hosted by Toini Løvseth, Market Director at Energy Norway. She will be assessing both the current and future state of Nordic power, as geopolitical tensions across Europe continue to place unprecedented pressure on energy prices.
How quickly can Europe wean itself off Russian gas?
Tobias Federico, Energy Brainpool GmbH
10:00 - 10:20
CEO of Energy Brainpool GmbH, Tobias Federico leads session two with a fascinating look into how and why Europe needs to diversify its methods of energy production. With tough market conditions expected this winter, just how soon could Europe start mitigating the price impacts of its current reliance on Russian gas supplies?
Yinfan Zhang, Baringa
10:20 - 10:40
Joining our two previous speakers for the morning panel, Yinfan Zhang, Nordic market advisory lead at Baringa, will be discussing the current energy crisis in Europe. Reflecting on his recent engagements with energy companies, financial institutions and large energy users in the region he will help them to make sense of the market volatility in the recent past and navigate the uncertain future.
Marcus Ferdinand, Greenfact
10:20 - 10:40
Our morning panel session is rounded off with Marcus Ferdinand, Head of Analysis at Greenfact, who will bringing his experience of carbon markets and green certificate trading to our discussion on the future of Nordic power markets.
Climate impacts on energy markets towards 2030
Kikki Kleiven, Bjerknes Centre for Climate Research,
University of Bergen
11:10 - 11:30
Director at the Bjerkens Centre, Kikki Kleiven will be outlining the impacts of the climate crisis and discussing the need to accelerate efforts in deploying technologies and solutions that bring near-term emission reductions at scale. Another interesting topic covered by Kikki will be how the energy sector is not only key to tackling climate change, but is also directly impacted by it, outlining the challenges and actions needed to address these challenges.
So close, yet still so far - when will prices hit EUR 110/t?
Ingvild Sørhus, Refinitiv
11:30 - 11:50
Lead EU Carbon Analyst at Refinitiv, Ingvild Sørhus will be providing an overview of carbon markets and analysing the various factors affecting the prices of EU ETS allowances. With continuing pressure on the cost of fuels, what will be the ceiling for ETS prices this winter?
Nordic power – what will be the key drivers in the current decade?
Marius Holm Rennesund, Thema Consulting Group
11:50 - 12:10
Understanding the reasons why energy prices fluctuate is key to knowing where they will go next. In his session, Marius Holm Rennesund, partner at the Thema Consulting Group will be taking a look at why energy issues are on the top of the political agenda, what the key drivers for Nordic power prices will be over the next ten years, how prices might develop and look into if or when large price spreads within the Nordics might diminish.
Hedging amid price area differences – when will
a functioning market emerge?
Mia Bodin & Gustaf Sundelius, Bodecker Partners
12:10 - 12:30
Co-Founder Mia and Partner Gustaf from Bodecker Partners join us for the final presentation in our analyst session. Together, they will be addressing the ways in which hedging takes place between different European price areas, as well as what needs to happen for a functioning market to take off in this space.
The Afternoon Sessions
All of our afternoon sessions will be live streamed, so if you can't make it to the morning or just want to follow our presentations after lunch, make sure to sign up here.
How can ACER make a difference – a TSO’s perspective.
Jim Vilsson, Energinet
14:00 - 14:20
Senior Economist at Energinet, Jim Vilsson will kick off the afternoon with a look at why both the EU and Nordic forward power market has gotten a lot of attention over the last year. He will be taking a closer look at ACER's proposed solution to falling market liquidity and paint the outline for what is to come in the future.
Investing into renewables amid geopolitical turmoil
Bhavuk Chugh, Centrica Energy Trading
14:20 - 14:40
Brought under pressure from an uncertain political environment, rising inflation and supply chain issues, the environment to invest in renewables has been challenged. Bhavuk Chugh, Centrica’s Head of Nordic Origination will discuss the risks and opportunities associated with renewable investments in these uncertain times.
Strong prices, high volatility – impact on heavy industry
Per-Eilert Vierli, Norsk Hydro
14:40 - 15:00
Per-Eilert Vierli, VP, Head of Energy Markets at Norsk Hydro will be taking a closer look at how the current market situation is affecting energy intensive industries. Questioning the role of policy, regulation and suitable incentives, join this session to understand more about the ways in which heavy industry can get involved in the climate fight and manage price risk in energy markets.
How to manoeuvre in the current market environment
a trader's view
Håkon Røhne, Axpo Nordic AS
15:40 - 16:00
Our last presentation of the day reflects on the ways in which significant changes in the energy markets over the last 12 months have affected the active commodity trader. Håkon Røhne, CEO at Axpo Nordic AS will also be outlining the challenges and opportunities Axpo sees going forward.
Wrap up panel session:
Trading Nordic power. How will competition evolve?
Jonas Törnquist, EPEX Spot
16:10 - 16:30
Drawing on EPEX SPOT’s rich expertise of operating power markets, Chief Operating Officer, Jonas Törnquist will outline the latest developments and innovations and share his thoughts on how Nordic participants can best prepare for the tense winter period.
Tom Darell, Nord Pool Group
16:10 - 16:30
CEO of the Nord Pool group, Tom Darell also joins our last discussion of the day to present the opinions of another market operator as we discuss the future possibilities for trading parties in Nordic energy markets.
Georg Aasen, Nasdaq
16:10 - 16:30
Rounding off our expert panel is Georg Aasen, Head of European Commodities at Nasdaq. With more than 10 years experience working in the commodities sector, he will be bringing insights from multiple markets to see where Nordic power could be headed.