It is no secret that utilities are currently dealing with immense challenges. European strategy and goals for 2030 and 2050 will enable the transition towards a low-carbon energy supply, however with this comes challenges. Emergent new players and distributed generation as well as changing demand patterns are all impacting business models tremendously.
The Opening Keynote during the Summit, on day one of European Utility Week 2017, examined those key strategic themes causing shifts in the utility business model. It also featured those key enablers from the industry who have been appointed to help orchestrate this change and guide the industry forward.
The Opening Keynote set the stage for what was to come during the strategic Summit across the 3-day programme. The Opening Keynote panel discussion, which took place after the Opening Keynote, was a true reflection of the choice of the “consumer”; how to empower people by understanding their energy choices and the shift of ownership in the value chain.
“The global electricity system stands at a critical juncture in the midst of transition. Whether consumers become empowered to expedite this transition, or resist it, remains an open-ended question. I am excited to take part in the opening keynote of EUW17 to help explore industry perspectives on both transitions and the topic of consumers and prosumers.”
Benjamin Sovacool, Professor of Energy Policy, University of Sussex, Brighton, United Kingdom; Professor of Business and Social Sciences, Aarhus University, Herning, Denmark
Top sector experts in line up for European Utility Week Keynote Opening
Mr. Adnan Z. Amin, Director-General of IRENA, will open the Official Keynote for EUW 2017
Flexibility is the word for the Smart Grid, but in order to achieve it, solid rules and regulations are needed. The first session explores the Clean Energy package and the ways in which it influences the European and the Local energy market. The second focuses on ways to accelerate the transition of consumer to prosumer and define what is of value for the emerging new customer type. In the third session we focused on ways to finance and create new business in a clean world, and finally in the fourth session we concentrated on new technologies and how they improve the integration of renewables into the Intelligent Grid.
“As central players driving forward the energy transition process, DSOs must be in touch wit all those that really matter. EUW is definitely one of the best places to do it.”
João Torres, CEO of EDP Distribuição and President of EDSO
The transformation of the old and semi-obsolete business models of mere electricity deliverance towards the new and exciting customer-friendly model is happening right now. We followed this transition by building, during the first session, the customer–utility partnership and learning some very valuable cross-industry lessons. During the second session, we focused on defining the most valuable asset in the retail market as well as finding out the sectors that will open up to electrification. The third session was devoted to new technologies but from a Business Executive’s perspective, while in the fourth session we played the survival game, defining the business models that will survive the dawning of the new Energy world.
Flexibility to allow the New Grid to be more Resilient and business models to grow
“The traditional model of an infl exible energy system with unidirectional electricity fl ows from power stations to consumers, is giving way to a whole new paradigm: Thanks to digitalisation and new services, a consumer-driven market participation of distributed, flexible and decarbonised energy solutions is picking up speed. We are moving to a smart energy system where demand and supply fully interact.”
Frauke Thies, Executive DirectorSmart Energy Demand Coalition, Belgium
The concept of Smart City is changing, as it is not just focused on providing more efficient services, but on transforming cities into digital platforms for innovative citizen services. Since Utilities play a crucial role in the transformation, our first session was a roadmap on leadership and business guidelines for Utilities within Smart Cities. E-mobility dominated our second session, while our third session focused more on regulations and new energy markets that will help the Smart Cities meet their carbon neutral ambitions. Our fourth and final session was completely devoted to the citizens of the Smart Cities, their rights, their responsibilities and above all their transformation to informed consumers.
Is E-mobility a challenge or an opportunity?
“It’s time for the smart new Urban Solutions Providers! I look forward to the discussions at EUW how decarbonisation and digitization can help to meet Cities needs and which role Utilities can play, especially when it comes to e-mobility and how much an opportunity it really is.”
Marie-Theres Thiell, CEO of Innogy Hungaria
The flow of data through smart devices and with the help of IoT, will transform the Energy Market in ways we can only imagine right now. This track aimed to push our imagination to the limits. In the first session we learned that Utilities are irrelevant, while in the second we toyed with the idea of data and explored the numerous ways by which data create value. The third session focused on forging new opportunities by creating new, data-driven businesses, and the fourth and final session speculated on data economy and the smooth digital transition for Utilities.
What are the key players in the Energy Sector doing right now with blockchain? And why does it matter?
“First Energy Web Foundation members have realized the opportunity and decided to support the joint development out of different motivation. It matters because it will bring enormous effi ciency increases and promises to be the grid management solution for a 100% renewables driven world. There is no other technology available that has similar promises and no other event than EUW‘17 where so many of the key players are discussing the industry developments.”
Ewald Hesse, CEO & Founder, GridSingularity
Electrifying format for the Keynote closing!
For the first time ever, the Closing Keynote during the Summit was open to everyone in 2017!
Taking place on the Energy Revolution Europe Hub on the exhibition floor, keynote speakers discussed electrification of the EV market in Europe, integrated smart charging home solutions and e-car sharing.
No business or sector can live off their past glories. New ideas and strategies are needed to give us an edge in our respective fields; this is where the involvement of young, dynamic and creative people is vital. The Closing Keynote was your key to hearing the latest solutions happening in the energy landscape by the most influential experts conversing with policy makers from the European Commission on climate change and those students eager to make their mark on the industry.Full Summit Programme