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CEREC 2007

The aim of CEREC (Central European Regional Energy Conference) 2007 is to review the results and failures of the Hungarian and European energy market transformation. In 2007 the liberalization of the energy sector will be a question of utmost/paramount importance. Where and how can the companies purchase at easy terms? We are going to (map) give a picture/review of power relations and ambitions of the different market groups and we will examine/analyse the possible scenarios for 2007. As an additional issue, we will address separately the matter of security of supply as well as the long term contracts.
Indeed, the multinational energy groups support the market liberalization, but at the same time they fear of having their production capacities operating at a market-basis/liberally. Certainly, the most important question of the forthcoming years and decades is to know how the continental energy systems must be operated in an open-market context in order to meet these requirements.

MAGYAR NYELVŰ VÁLTOZAT





CEREC 2007 1
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CEREC 2007 1
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Date:

2007. május 17.
Place: Pólus Palace*****, Göd (30 minutes from the centre of Budapest)

Plan of the programme

9:00 a.m. Registration

9:30 a.m. Welcome
Mr. György FELKAI
, Chairman of the conference, Energy market communication consultant

9:35 a.m. P1 – Opening speech
Full liberalization on the market, but when?

Is there an independent Hungarian energy politic? 1st July – The day of full market opening: waiting for miracle or a significant step?

Mr. Balázs FELSMANN, Under-Secretary of State, Ministry of Economy and Transport

9:50 a.m. Questions

9:55 a.m. Section 1
Russia and/ or the European Union?


Keynote speeches:
Security of supply, dependency or independency?

Presenters in the topic:
András GYÜRK, Member of European Parliament
Péter OLAJOS, Member of European Parliament
Igor Szergejevics SZAVOLSZKIJ, Ambassador of the Russian Federation
György PODOLÁK, Head of the economic task force of the Hungarian Socialist Party
István SZENT-IVÁNYI, Member of European Parliament

10.45 Roundtable discussion
Politic or business is Hungary’s gas-supply?


Energy dependency, safety of supply, union strategic, function of Russia

Participants of the section:
Balázs FELSMANN, András GYÜRK, Péter OLAJOS, Igor Szergejevics SZAVOLSZKIJ, György PODOLÁK, István SZENT-IVÁNYI

Chairman of this section:
Mr. József Péter MARTIN, Figyelő Business weekly, editor in chief

11:15 Questions

11:25 a.m. Coffee break

11.45 a.m. Section 2
Who and how can benefit from gas liberalization?


This section is about the following questions:
Will the gas cost be reduced/because of the liberalization? Will liberalisation result in reducing gas cost? How should we act in the future in order to reduce our energy bill?

Chairman of this section:
Mr. Richárd HLAVAY, Figyelő Business weekly

Keynote presentation/lecture for the section:
Gas liberalization in practice
Is there any alternative to the traditional gas purchasing? How much is it secure to buy non-Russian gas? How secure is the gas supply other than Russian? Why is it advantageous for the consumer?

Speaker: Mr. István GÓCZI, Director of EMFESZ (First Hungarian Natural Gas and Energy Trade and Service Provider LTD.)

Participants of the section:
Mr. Laszló BALASSY, Citigroup, Head of Corporate Banking and Corporate Finance Hungary, South Central Europe and Baltics
Mr. István GÓCZI, CEO, EMFESZ
Mr. Ferenc HORVÁTH J., CEO, Hungarian Energy Office
Mr. Gábor SZABADOS, CEO, Hungarian Mining Office
Mr. György SZABÓ, CEO, TXM Kft.

12:35 p.m. P3 – Energy Security and Markets: UK in a broader context
Example of the English office

In Germany there is a strict control over the energy traders by means of holding down the prices of network access in order to protect the consumers’ interests, while in Britain only the fair market behavior is controlled and maintained, the market is being continuously monitored and they are trying to orientate the consumers in their choice.

Mr. Alistair BUCHANAN, CEO of Ofgem, Great Britain

12:55 p.m. Questions

1 p.m. P4 –

Mrs. Catherine OULES – Managing Director, Co-Head of CEEMEA Power, Energy, Chemicals, Metals and Mining industries, Citi Group

1:20 p.m. Questions

1:25 p.m. P5 – Security of supply, how State regulation can help?

How will the full market opening of 1st July 2007 affect the supply security? What will be the role of the State and how will it change/modify regarding supply security? What does it mean for the consumer?

Mr. Ferenc HORVÁTH J., CEO, Hungarian Energy Office

1:45 p.m Questions

1:50 p.m Lunch break

Section 3. – New market environment- new solutions

2:45 p.m. P6 – Local Authorithy energy-efficiency programs

Mr. Balázs Tóth, CEO, ELMIB Zrt.

3:05 Questions

3:10p.m. P7– Construction of a security storage in Hungary

What can we expect from it? How the investment will be carried out? How will the owners operate it? Will there be an opportunity for others than MOL to take part in this investment?

Mr. Ferenc DEBRECENI CEO, Biztonsági Földgáztároló Zrt. (Security Gas Storage Public Company)

3:30 p.m. Questions

Section 2 Regulation and prices

3:35 p.m. P8 – Anti-competition elements of the Hungarian energy model

From the very beginning they were very critical about gas and energy regulation but their proposals were not really taken into account, neither transposed/integrated/incorporated into the legislation.

Ms. Márta NAGY, Vice-president of Hungarian Competition Authority

3.55 p.m. P9 – Is the Hungarian stream-market possible for liberalization?

Is it possibble to compete with the long term contracts?

Mr. Péter Kaderják, Corvinus University, former president of Hungarian Competition Authority

16.15 p.m. Questions

16.25 Closing of Conference
Afterword of the chairman




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