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EUROPEAN FUTURE ENERGY FORUM
29 September 2010

FINANCE QUESTIONS STILL AT HEART OF RENEWABLE FUTURE, ACCORDING TO EUROPEAN FUTURE ENERGY FORUM

Press release: For immediate release
Photo 1: Steve Sedgwick, Anchor, CNBC
www.EuropeanFutureEnergyForum.com/images/CNBC_Steve_Sedgwick
Photo 2: Alexander O’Cinneide, Director, Masdar Clean tech Fund
www.EuropeanFutureEnergyForum.com/images/Alexander-O-Cinneide

FINANCE QUESTIONS STILL AT HEART OF RENEWABLE FUTURE, ACCORDING TO EUROPEAN FUTURE ENERGY FORUM

European energy ministers and industry leaders are meeting in London next month to discuss key issues of finance critical to the deployment of renewable energy. The cost implications of clean energy and where the money will come from to achieve drastic emissions reductions remains a big question.

Chris Huhne, Secretary of State for Energy and Climate Change, UK, Lykke Friis, Minister for Climate and Energy, Denmark, Pedro Marin, Secretary of State for Energy, Spain, and Carlos Zorrinho, Vice Minister for Energy and Innovation, Portugal will all be giving keynote addresses on Oct 19, 2010.

The ministers will then be joined by future energy movers and shakers from industry and leading NGOs in a fast-paced and exciting debate, chaired by CNBC’s Steve Sedgwick, looking at key regulatory areas and commercialising clean energy. Thomas Dalsgaard, Vice President, DONG Energy, Gilles Vermot-Desroches, Sustainable Development Senior VP, Schneider Electric and Matthew Chinn, Managing Director Energy Sector, UK and North West Europe, Siemens are amongst those representing the highest level of European energy executives.  Kumi Naidoo, Executive Director, Greenpeace International and David Nussbaum, CEO, WWF-UK, critical public opinion influencers, are expected to give strong opinions on the status of renewable energy and financing in Europe.
 
“Where is the money coming from to fund the new energy revolution?” asks Jo Tyler, Event Director, European Future Energy Forum. “We’re coming to London to find answers”.

Core financing sessions will continue on Oct 20, with four intensive panel discussions with Europe’s renewable energy experts and financiers starting with ‘Financing London Array: Masdar’s leading approach’ will be presented by Tushita Ranchan, Senior Adviser, Masdar. 

This session, will be followed by ‘Low carbon financing across Europe-the state of play’ will look at trends in renewable mergers and acquisitions, building consortia and the UK Green Investment Bank, chaired by Ben Caldecott, Head of UK and EU Climate Change Policy, Climate Change Capital. Panelists include Gregory Barker, Minister for Energy, Department for Energy & Climate Change, UK, Richard Simon-Lewis, Senior Director - Renewable Energy, Lloyds Banking Group and Alexander O’Cinneide, Director Masdar Clean Tech Fund.

When asked about the European Future Energy Forum, Masdar’s O’Cinneide said “London is important for us given its position as a European financial capital. We want to help environmental companies; we want to be a provider of capital to the most interesting cleantech companies in the UK and in general in Europe.

The ‘EU Policy, Regulation and Finance’ session will be one of the first public discussions by the European Commission of the National Renewable Energy Action Plans, submitted by member states this summer. This session will review the policy, regulatory and financial implications of executing these plans, including notable trends, financial attractiveness and what’s working in practice. Philip Lowe, Director-General Energy, European Commission will be joined by Christine Lins, Secretary-General, EREC (European Renewable Energy Council) and Nick Gardiner, Director Renewables, BNP Paribas Fortis for this 90 minute discussion.

Finally, the ‘Assessing private institutional capital for low carbon investments’ session will discuss institutional investor appetite, investment strategies working best in the markets and the fundraising climate for renewables and cleantech. Chaired by Tom Murley, Head of Renewable Energy Team, HgCapital, the panel will include Shaun Kingsbury, Partner, Hudson Clean Energy, Chris Hunt, Managing Director, Riverstone Renewables, Shai Weiss, Partner, Virgin Green Fund and David Russell, Co-Head Responsible Investment, USS.

Alongside the conference, EFEF 2010 will feature a prestigious exhibition that will accommodate thousands of visitors and offer up to 200 of the region’s leading renewable energy suppliers, space to demonstrate solutions and business opportunities for the environmental technology market.

The exhibition hall is also the meeting place for round table sessions, networking lunches, refreshment breaks and private business meetings. There are limited stands still available. See www.EuropeanFutureEnergyForum.com for further details and the full conference programme or contact the team on [email protected]

- ENDS-

Please contact:
Lindsey Bredin, PR Manager [email protected]
Jo Tyler, Event Director [email protected]
Rebecca Oxley, Marketing and Media Partnerships [email protected]