The global
energy market faces new risks in an era of strong demand,
tight capacity and high prices - these risks and the appropriate
responses to them will be tackled during the Summit proceedings.
Oil and
gas transit is indispensable for ensuring secure energy
flows, and transit issues are rapidly gaining importance
with the increased interdependency and integration of
energy markets.
The Summit
will facilitate the dialog between parties regarding the
existing barriers to regional electricity trade and possible
means of addressing them through multilateral cooperation
among governments in the Emerging European countries,
with a specific focus on how these barriers might be removed
and what economic benefits stand to be gained as a result.
Emphasis will be placed upon the present structure of
national electricity markets in Emerging Europe and the
present volume and growth dynamics of cross-border trade
in electricity will also be assessed.
Among the main themes of discussion will be the role of
market integration in reducing investment risks, the role
of regulatory bodies in removing obstacles to trade and
investments in the power sector and the challenges of
ensuring proper regulation of competitive electricity
markets.
The Summit will examine patterns of change in the conditions
for energy investment across the Emerging European countries
taking into consideration the importance of a stable legal
and regulatory framework in assessing long-term risk,
return and fostering the confidence necessary for major
investment decisions across the region.
The Summit delegates will analyze the range of approaches
being taken within different national energy industries
in the Emerging European countries – the status
of liberalisation efforts across the region; the emergence
of new competitors; new requirements and the lessons being
learned as incumbent players to market shifts.
The 2nd
Emerging Europe Energy Summit will provide a forum which
identifies, discusses and forecasts developments in the
energy sector among the Emerging European countries.