Agenda

Agenda

Energy Risk Europe Agenda

08:3008:50

Registration and refreshments

08:30 - 09:00

08:5009:00

Chair’s opening remarks

08:50 - 08:55

Stella Farrington | Moderator

Head of Content

Energy Risk

Stella Farrington has been writing about energy markets for 20 years, working at Futures World News and Dow Jones Newswires before moving to Energy Risk in 2004. She spent eight years as the editor of Energy Risk and the last six as a writer, before moving into her current role as Energy Risk’s Head of Content.

09:0009:45

What will be the regulatory fallout from the elevated commodity prices?

09:00 - 09:45

  • Regulatory responses to dampen the price effect on customers: energy price freezes, energy cost subsidies, reduced VAT on electricity and suspended generation tax
  • Drastic measures implemented: claw backs for inframarginal power producers in Spain, Romania and Italy.
  • The IEA and EU: emergency measures to limit the contagion effect of gas prices in electricity and optimize the electricity market design
  • What is the trading community´s view?
Jens Gobel

Director Gas, Power and Emissions Trading

Cepsa

Jens Gobel started his career at Enron Capital & Trading in the Continental European Power desk in London in 1998. Eventually Jens served in various roles in Origination, Trading and Principal Investments at Enron’s offices in London, Houston and Frankfurt. In 2002 he joined Statkraft Markets in Germany as Head of Structuring and eventually assumed more commercial responsibility as Head of Origination for Western Europe, managing director of Statkraft’s Hungarian affiliate and “Prokurist” for Statkraft Markets GmbH.

In 2008 he joined the Leadership Team of Shell Energy Trading where he was responsible for Power Trading Development. After the merger with Shell Energy Europe Jens became Head of Structured Trading Power at the merged entity Shell Energy Europe. He also served on the Board of the Shell UK Pension trust company and served on its Investment Committee.

Since July 2013 Jens has been with eni Trading And Shipping in London and currently serves as Head of Power and Emissions Trading. Since June 2015 Jens has also been a Deputy Chairman on the EEX Exchange Council.

 

Paul Dawson

Head of Regulatory Affairs

RWE Supply & Trading

Derek Bunn

Professor of Decision Sciences Management Science and Operations

London Business School

Richard Payne

Non-Executive

Cobblestone Energy

Richard serves as a non-executive at Cobblestone Energy supporting strategy development and execution.  Richard has over 25 years’ experience in the commodities industry as a commercial executive and consulting leader. 
He has worked at Rosneft Trading, at Rio Tinto and Cargill and was the MD of Accenture’s commodities trading consulting practice. 
Based in Geneva Richard is a British national and speaks French and German.  He has degrees from the University of Oxford and Henley Business School.

Klaus Prommersberger

Head of Risk Management Trading Regulation

Axpo Group

09:4510:30

Price volatility in the energy sector: is the economy staying on track?

09:45 - 10:30

  • Historical high of the energy price inflation in the euro area: how can we support consumers?
  • When will the energy price drop back below the record high set in 2021?
  • How does energy shortage affect the economy?
  • Financial-economics approach to forecasting the energy mix prices: what is the impact and evolution of supply chain risk?
  • How is price volatility affecting risk management?
  • How can counterparty and liquidity risk be actively managed?
  • Forecasting margin costs
Stella Farrington | Moderator

Head of Content

Energy Risk

Stella Farrington has been writing about energy markets for 20 years, working at Futures World News and Dow Jones Newswires before moving to Energy Risk in 2004. She spent eight years as the editor of Energy Risk and the last six as a writer, before moving into her current role as Energy Risk’s Head of Content.

Jo Burnham

SME Risk and Margining

OpenGamma

Frank van Doorn

VP Head of Trading

Vattenfall

Frank van Doorn, Vice President, Head of Business Unit Trading and General Manager for Vattenfall Energy Trading GmbH

Biography (August 2022):

Frank van Doorn is leading Vattenfall’s Trading Unit, which covers all the Group’s wholesale trading in power, gas, coal, biomass, carbon and green certificates. He started his career in the energy industry in 1998 as business analyst at Mobil Europe Gas, and after stints at EDF Trading, Essent and RWE, he joined Vattenfall in 2011. Since then, Frank has held several managerial positions in the Trading Unit, before taking up the responsibility for all trading activities in April 2018. Vattenfall is one of the main traders in the European Energy market.

Vattenfall:

Vattenfall is a leading European energy company, which has electrified industries, supplied energy to people’s homes, and modernized our way of living through innovation and cooperation for over 100 years. We now want to make fossil-free living possible within one generation. That's why we are driving the transition to a sustainable energy system through initiatives in renewable production and climate smart energy solutions for our customers. We are one of the main traders in the European Energy market.

Abraham Papakirillou

Director Risk Management

Public Power Corporation S.A.

Christophe Idareci

Head of Credit Risk EM&T

Centrica

Christophe heads the Credit Risk team at Centrica Energy Marketing & Trading, the entity in charge of energy trading operations for the Centrica group. He started his career in banking and has gained extensive international experience in the areas of credit risk, treasury and finance in several major energy trading houses.

Georges Panaghoulis

Head of Price Risk and Hedging

Island Oil Ltd

Georges Panaghoulis is the Head of Price Risk and Hedging at Island Oil Holdings, a physical supplier of marine fuel headquartered in Cyprus.

He has been working in Risk Management since 2015 where he has had various roles and been involved in the set-up of hedging procedures & strategies, exposure reports, clearing accounts, implementation of ETRM’s as well as derivatives trading and live price evaluation.

Georges is an Engineer specializing in Mechanics Energetics and started his career in 2011 as an Area Sales Manager, and he was in charge of developing sales for a manufacturer of flexible heating elements across various industries and applications.

Nathan Cole

Head Of Risk Management

Drax Power Ltd

Nathan Cole

Risk Management

Nathan is currently the Head of Wholesale and Treasury Risk at Drax Group. Nathan specialises in the oversight and management of market, credit and operational risk across the Energy, Banking and Treasury sectors. Previously, Nathan has established and managed risk functions in EMEA and Asia across the energy and banking sectors. He has over 10 years experience in Risk and over 20 years in the energy and Banking sectors.

Elisa Scarpa

Head of Market Analysis, Structuring & Pricing

EDISON, EDF GROUP

Julian Bouchard

Head of Corporate Energy Market Risks

EDF

Ilia Bouchouev

Managing partner

Pentathlon Investments

For nearly twenty years Ilia Bouchouev has been managing the global derivatives business for Koch Industries, the world second largest privately held company. Koch's derivatives group operates globally with trading desks in New York, Houston, London and Geneva with the focus on energy trading. Ilia also serves as a President of Koch Global Partners, proprietary trading group specializing in trading foreign exchange and interest rate derivatives. Ilia has PhD in Applied Mathematics, and has been a regular speaker at various industry conferences.

Harry Huang

Head of Gas, Power and Derivatives Trading

PetroChina International Co. Ltd

Harry Huang has over 20 years’ experience in the European energy industry. He is currently the Head of Trading for PetroChina International (London) Co. Ltd. In this role, he is responsible for the company’s trading in European physical gas and power as well as in all other energy derivatives including crude oil, refined products, carbon emissions and coal. Prior to joining PetroChina in 2013, Harry spent over 10 years with Statoil and held various positions in trading and structuring, including setting up their flexibility and options trading desk. His earlier career was with National Power PLC in the UK and TXU Europe Energy Trading in Switzerland where he had roles ranging from project management, analysis and risk management. Harry holds a bachelor’s degree from Tsinghua University in Beijing and a PhD from Imperial College in London

10:3011:00

Networking Break

10:30 - 11:00

11:0011:45

Digital strategy from definition to execution: how can you ensure your digitalisation journey is on track?

11:00 - 11:45

  • Data consumption has changed over the last few years, how to stay proactive in helping users make faster and more informed decisions?
  • Optimising your IT landscape: how to integrate your data and analytics to ensure the best use case for your AI and ML solution?
  • Tech and innovation strategies: how is digitalisation and automation impacting the industry?
  • What are the latest cybersecurity threats to the energy business and how risk managers are responding?  
  • Improving the efficiency of your processes: how digital solutions are adapting to the changing energy landscape?
Alex Whittaker

Risk Manager

Bonroy Petchem Co Ltd

Started in energy trading in 2006.  Over 16 years I have gained experience across all sides of the industry from busy financial and physical trading desks to professional services and presales at technology vendors, and advisory at consultancies.  The result is I have a well-rounded perspective based on lived experience as a client and end user, combined with the sales and marketing side of a vendor and consultant, as well as experience working on projects as a contractor.  Currently I am General Manager at a new commodities trading house with responsibility for all our risk, compliance, operations, and technology activity. 

11:4512:30

Decarbonization mega trends: best strategies in structuring a carbon desk

11:45 - 12:30

  • How to make carbon trading global? Are carbon customs an alternative?
  • The role and impact of the decarbonization agenda on our markets.
  • How to source the carbon market and where do we get our carbon credits from?
  • Is the fast rise in carbon prices helping accelerate the green transition?
  • How can hydrogen become a reliable energy source for industries that are hard to decarbonise using electricity?

 

 

Federico Tondi

Head of technology innovation

Shell

Peter Styles

Chairman of the Electricity Committee

EFET

Since 2000 Peter has been a Board Member of the European Federation of Energy Traders (EFET) and Chairman of the Electricity Committee of EFET. Since 2010 he has been an Honorary Associate at Dundee University,where he is attached to the Global Faculty. His career in the 1980s and 1990s encompassed project work in upstream oil and gas, power plant development, the management of a gas pipeline business and the establishment of the first and largest pan-European energy trading business.

PANEL: Electricity trading market overview

Moderator: Peter Styles, Chairman of the Electricity Committee, EFET

12:3014:00

Lunch networking break and briefings

12:30 - 14:00

14:0014:45

Portfolio risk management: identifying opportunities in the changing energy landscape

14:00 - 14:45

  • How can you accelerate towards net-zero using portfolio risk management in a volatile environment?
  • Where are the top investors putting their money?
  • How can you use portfolio risk management to reduce risks given the uncertainty?
  • Asset valuation: which stocks are actually clean and green?
  • The equity and oil markets: indicators for the crises of 2020 and 2022

 

Sid is the Chief Researcher at Chartis Research with more than 20 years of experience in the financial, energy and commodities markets in various functions across the trade and software development lifecycles. He has held various roles in product development, trading, risk management, software development and consulting in banks, hedge funds, and risk advisory and software firms, including Standard Chartered Bank, TCG Group, HCL and Cognizant.

Sid’s specific areas of interest and research include risk data, model risk management, quantitative models in illiquid markets, high-performance analytics, energy and commodity trading risk, market structure design, new computational models, and the use of innovative mathematical methods in various emerging areas of risk management .He has a MBA from the Indian Institute of Management and is a qualified Chartered Alternative Investment Analyst CAIA, Financial Risk Manager (FRM) ,Energy Risk Professional (ERP), Member of GARP and CIPM from the CFA institute.

 

14:4515:30

ESG and climate risk : looking ahead to 2030

14:45 - 15:30

  • How to build your sustainability programme: main trends and where are we heading?
  • ESG reporting criteria: how can you reach a more consistent and complete reporting and transparency?
  • The impact of climate investing on fossil fuel firms, what to look for?
  • How to overcome a lack of historical data?
  • Managing climate risk: finding the right solution for your organisation
Stuart Large

Business Development Director

Jupiter Intelligence

Stuart Large, Business Development Director.

Based just outside London, Stuart operates in the Energy, Mining, and Industrial sectors, covering the Europe, Middle East and African markets for Jupiter Intelligence.

Stuart has more than twenty years of experience in Business Development and Product Management, providing technical solutions to challenges in Oil & Gas, Energy, Security, Infrastructure, Smart Cities and Transportation.

Christian De Santis

Chief Financial Officer

Vårgrønn AS

Since 2015, he is VP Accounting, Finance and Control of Eni Trading and shipping Inc. (ETS US), an oil & gas trading company based in Houston; during 2019, he also has the same role with Eni Transporte y Suministro México, S. de R.L. de C.V..

He spent most part of his 15+ years career within the oil & gas trading business.

From 2018 until June 2015, he had various roles within the new Eni Trading and Shipping SpA (holding company of ETS US), the primary energy trading Company of Eni based in Italy with branches in London, Brussels and Singapore; he primarily supported the Company to implement and streamline the Accounting and Back Office processes.

During the above period, he was also the Chief Financial Officer of an Italian upstream  Company providing on shore and off shore engineering services.

At the earliest stage if his career (2003), he joined the Eni Advisory Team managing the Eni Group transition from Italian Gaap to IFRS so to became an IFRS and US Gaap subject expert.

Navin Rauniar

Partner and managing director

Tata Consultancy Services

Navin Rauniar leads the Libor transition initiative of Tata Consultancy Services' banking, financial services and insurance business unit. He has 18 years of industry experience assisting large investment banks and capital market clients in responding to risk and regulatory requirements. Rauniar has significant experience working on cross-functional programmes spanning front office, risk,finance and compliance groups and speaks regularly at Libor transition events. He holds a bachelor’s degree in social sciences and economics from Brunel University in London.

Ritika Wattan

Head of Strategy

SSE

Ritika is a strategy and business transformation executive experienced across consultancy and energy industry. In her current role she is the Head of Strategy and Planning for SSE’s Energy Solutions Business Unit which involves shaping strategic positioning of ECS in the market place and in line with the future energy market developments and ensuring alignment of the portfolio with strategic priorities.

Prior to this she has performed variety of roles in organisations including British Gas / Centrica, Logica / CGI and Tata Consultancy Services within strategy and transformation and brings with her wide experience of delivering high impact programmes targeted at innovation, operational efficiencies and customer centricity.

Ritika enjoys reading and is an avid traveller - one of her most memorable trips being a solo trek to the region of the notorious Eyjafjallajökull volcano (aka E15) in Iceland!

 

Qualifications:

Competitive Strategy and Innovation - London School of Economics

Master’s in Business Administration - Symbiosis University, India

 

15:3016:00

Networking Break

10:30 - 11:00

16:0016:45

The Russian Ukraine crisis and its impact on European regulation?

16:00 - 16:45

  • Will the energy crisis accelerate accelerate/decelerate the global energy transition objectives?
  • What are the global implications for regional pricing, flows, and the energy mix?
  • Energy security versus decarbonization targets
  • Will we see a partial renationalisation of the European energy industry?
  • Evolving role of global participants and interim supply and demand dynamics: How to stay on top of it all?
  • Will the EU’s green deal be watered down: How fiercely is the EU going to uphold green agenda regulations?
  • How is the conflict influencing the energy markets
Federico Tondi

Head of technology innovation

Shell

Ahmed Mehdi

Visiting Research Fellow

Oxford Institute for Energy Studies

Ahmed Mehdi is Managing Director at Renaissance Energy Advisors, a leading energy advisory firm which works with trading houses, International Oil Companies (IOCs) and financial institutions across the energy value chain. He also serves as Principal at Benchmark Mineral Intelligence, the world’s leading pricing agency dedicated to li-ion battery metals. He previously worked as an advisor to BHP Petroleum and PricewaterhouseCoopers (PwC) in London. He also serves as a Visiting Fellow at the Oxford Institute for Energy Studies (OIES). He was educated at the University of Oxford (St Antonys College) and University College London (UCL). 

Ritika Wattan

Head of Strategy

SSE

Ritika is a strategy and business transformation executive experienced across consultancy and energy industry. In her current role she is the Head of Strategy and Planning for SSE’s Energy Solutions Business Unit which involves shaping strategic positioning of ECS in the market place and in line with the future energy market developments and ensuring alignment of the portfolio with strategic priorities.

Prior to this she has performed variety of roles in organisations including British Gas / Centrica, Logica / CGI and Tata Consultancy Services within strategy and transformation and brings with her wide experience of delivering high impact programmes targeted at innovation, operational efficiencies and customer centricity.

Ritika enjoys reading and is an avid traveller - one of her most memorable trips being a solo trek to the region of the notorious Eyjafjallajökull volcano (aka E15) in Iceland!

 

Qualifications:

Competitive Strategy and Innovation - London School of Economics

Master’s in Business Administration - Symbiosis University, India

 

16:4517:30

Renewables and other alternatives: how to measure the risks and opportunities?

16:45 - 17:30

  • How is your organization adapting to the new ecosystem and growing complexities?
  • US vs Europe:  what is the appetite in investing?
  • Will the EU’s energy mix come from renewables by 2030?
  • When will hydrogen costs meet the same level as conventional energy sources?
  • Cutting energy consumption by 13%: the role and importance of market design in enabling major transitions to happen?
Peter Styles

Chairman of the Electricity Committee

EFET

Since 2000 Peter has been a Board Member of the European Federation of Energy Traders (EFET) and Chairman of the Electricity Committee of EFET. Since 2010 he has been an Honorary Associate at Dundee University,where he is attached to the Global Faculty. His career in the 1980s and 1990s encompassed project work in upstream oil and gas, power plant development, the management of a gas pipeline business and the establishment of the first and largest pan-European energy trading business.

PANEL: Electricity trading market overview

Moderator: Peter Styles, Chairman of the Electricity Committee, EFET

Francesco Benvenuto

Head of Energy Management

Falck Group

17:3019:00

Cocktail reception

17:30 - 19:00