The European Commission has appointed CEEP as a member of its expert group on electrical interconnection targets. Ms. Ivona Štritof, Head of Regulatory Affairs, HEP Group, will be a permanent representative of our association, Prof. Madejewski – a candidate proposed by our member PSE S.A. – will serve as a substitute when required. The Director-General, Mr. Dominique Ristori, in his correspondence, declared that “the Commission had received a great number of high-quality applications”, so we at CEEP, are especially proud of this particular success, as it provides yet another signal of our effectiveness and status within the EU environment. The inaugural meeting of this high-level group will take place in Brussels on the 17th and 18th of October. The appointment is valid for two and a half years, and may be renewed once. Daivis Virbickas, CEO of LitGrid AB, a CEEP member, will be as well part of this experts group. One of the group's tasks will be to propose solutions to the European Commission, to overcome bottlenecks for the proposed 15% interconnection target by 2030, related in particular, to the financing of projects and permit granting procedures. The Commission seeks advice on how to break this down into regional, country, and/or border interconnection targets. CEEP agrees with the Commission that “well interconnected electricity infrastructure is a key condition for a fully integrated, competitive, and sustainable internal market for electricity in the EU. To reach the EU’s ambitious energy and climate targets by 2030, investments in energy grid infrastructure must be stepped up [...]
The President of the management board of HEP d.d., Mr Perica Jukić, answered the CEEP Report’s questions regarding CEEP membership, perspectives of the energy sector, and the added value of being part of the Central Europe Energy Partners project. HEP d.d., – Croatia’s leading energy company – has become the 25th member of Central Europe Energy Partners (CEEP) in February. CEEP Team: What do expect accomplishing accomplish as a CEEP member? Mr Perica Jukić (PJ): Being one of the youngest stakeholders on the EU energy market, I see CEEP membership as a two-sided opportunity for HEP. On the one hand, our goal is to position HEP on the EU’s internal market, to foster partnerships, and participate actively in the decision-making process at the EU level. Simultaneously, our target is to maintain a well-positioned role in the 'domestic' (Croatian) market. More precisely, our expectations are directed towards gaining higher efficiency in generation, transmission, distribution, and supply based on experience, or in co-operation with other CEEP members. CEEP Team: What will be the main challenges for the sector in which you’re active, in the forthcoming years? PJ: Due to the complex, multi-layered political situations on the European and global scene, the main challenges for the energy sector for the near future are reflected in providing continuous security of the diversified generation mix, exploring new energy sources, applying new technologies, and providing high environmental standards with acceptable costs for end-users. Shifting the balance from mainly East-West towards North-South, certainly opens up the prospects for companies from Central and South-Eastern Europe in securing independent, sustainable, and continuously diversified energy-mix supplies. CEEP Team: In [...]
HEP (Hrvatska elektroprivreda) – Croatia’s leading energy company – has become the 25th member of Central Europe Energy Partners (CEEP). Less than two years after Croatia joined the European Union, the country’s oldest power company strengthens the position of the major body representing the interests of Central Europe’s energy and energy-intensive industries. CEEP’s activity is particularly important for countries which joined the EU after 2004. In their energy mix, they are to a large extent dependent on fossil fuels or imports from outside the EU. CEEP actively seeks to reduce the disparities in economic conditions and development between the EU countries. It also advocates for the integration of energy systems in Europe through the North–South Corridor, combining Central Europe’s key parts of the energy and gas infrastructure. This is strategically important both for Croatia, whose dependency on energy import is 52.3%, as well as for the stability of the whole EU’s energy market having in mind, among others, Krk LNG Terminal. “At CEEP, we strongly believe that access to low energy prices is one of key drivers of economic growth. We make energy producers and consumers across the continent speak with one voice. With HEP onboard, this voice will be stronger, given the company’s position and Croatia’s role as one of the region’s energy bedrocks. Together with HEP, we share the understanding of the role of the energy sector in stimulating the economic growth in Europe. I am glad we will be working together on providing the EU with stable legal environment and the security of energy supplies,” said Paweł Olechnowicz, Chairman of the Board of Directors, Central Europe [...]
In a few words
We represent the widely understood Central Europe energy sector (electricity generation, distribution and transmission, renewables, gas, oil, heat generation and distribution, chemical industries, etc.), universities and scientific institutions.
Don’t miss the one of the region’s leading gas conference. This year, the Budapest LNG Summit will be organized on December 6, live and in person at the Hotel Marriott Budapest. As an established regional conference, the Budapest LNG Summit is ideally placed to take a prominent role in connecting policymakers and the business ecosystem from Central and Eastern Europe and beyond by providing a platform to discuss the driving trends of the gas industry and to identify the opportunities and challenges ahead of us.
A global energy crunch sent natural gas prices soaring and hitting record highs in the past month. What are the factors that are fueling the price surge? What can we expect in the long run and what are the main lessons to take away? Major stakeholders of the gas and LNG industry including high-level representatives of MET Group, Shell, ExxonMobil, Gazprom, SOCAR, Dentons, CEEGEX, FGSZ, GTSOU and Eustream will review how the sector has coped so far with the challenges and adjusted to the new normal.