Read cwe2363_Spain_(IM) text version

Keynote addresses by:

Ministry of Economy ERSE CNE Nigeria LNG

Ministerio de Economía

4th Annual Conference

Key companies include*:

Bizkaia Energia BP España Centrica España Cepsa Gas Comercializadora Convergencia i Unió EDP Endesa ENI Gas and Power Eras Consulting Gas Natural Iberdrola Matrica Medgaz OMEL Partido Popular REN REE Sedigas Sonatrach Transgas Unesa Uría & Menéndez

* Companies in alphabetical order

Realising Potential in

THE IBERIAN ENERGY MARKET

­ The Iberian Market in the Mediterranean and Global Context

Como obtener el máximo rendimiento en el

MERCADO IBÉRICO DE LA ENERGÍA

Workshop: 26th January 2004 Conference: 27th and 28th January 2004 The Westin Palace Hotel, Madrid

Endorsed by:

w w w. t h e c w c g r o u p . c o m

4th Annual Conference

Realising Potential in THE IBERIAN ENERGY MARKET

­ The Iberian Market in the Mediterranean and Global Context

We are delighted to invite you to attend our 4th Iberian En ergy Conference. Whether currently participating in the you're domestic market or are an int ernational player looking at opportunities, we invite you entry to strengthen your strategic position at an event that wil comprehensive analysis of all l offer forces impacting the Iberian energy market both now and foreseeable future. in the The conference will offer val uable strategic level market insight, relationship develop planning in this currently unpre ment and dictable, but high return poten tial, market place, and will inc representation from key ins lude titutions and governments, major international energy pla domestic stakeholders and yers, international new entrants. The structure of the conferen ce will promote the discussio n and valuable analysis of the topical and up to date marke most t influences and opportunities , including: What challenges and opportu nities will the formation of the Iberian Energy Market offer to both domestic and international investors? Best Business practices ­ join t ventures, alliances or direct investment? Barrier and threat analysis ­ how to overcome them. The strategic roles played by Spain in the major gas player s Mediterranean and global strategies ­ How will the Ibe rian energy market benefit fro m these strategies? Potential and opportunity ana lysis for gas, LNG, renewabl es, power generation. Current and future forecastin g of the competitive climate . A political roundtable discus sing future energy policy. Long term forecasting for gro wth in both the gas and electr icity sectors. The conference promises an interactive, open and carefu lly considered agenda to en all participants enjoy a broad sure and balanced mix of networkin g, educational and business development value. Simultane ous translation will be availab le throughout. Looking forward to seeing you in Madrid in January!

Como obtener el máximo rendimiento en el MERCADO IBÉRICO DE LA ENERGÍA

Workshop: 26th January 2004 Conference: 27th and 28th January 2004 The Westin Palace Hotel, Madrid

Tracy Clark Project Leader CWC Europe Limited

workshop

WHY SUPPLY CONTRACTS AND PRICING MUST CHANGE IN THE DEREGULATED IBERIAN ENERGY MARKET?

Workshop: Monday 26th January 2004

09.30 10.00 13.30 14.15 17.00 Registration and coffee Introduction by Workshop leader Informal Networking Lunch Afternoon session Close of workshop

Workshop Leaders:

John Fahy, Managing Director, ERAS Consulting

John is the Managing Director of ERAS consultants. He was trained as an economist in the US and UK and has over 20 years experience as an investment banker, trader, analyst, project director, university lecturer and advisor in the oil, gas and petrochemicals industries. He has been involved in numerous energy projects worldwide for all of the major oil gas and power companies, as well as provided advice and technical support to governments and international agencies on a range of issues such as market deregulation, privatization, industry restructuring, fuel pricing and energy policy.

David Green, Technical Director, ERAS Consulting

David Green is the technical director of ERAS energy consultants. He has over 15 years experience worldwide working with oil, gas and power majors, governments and financial clients in providing solutions in marketing, project evaluation, operations research and building computer modeling platforms. He has been responsible for the technical development of ERAS's emPower platform as well as project evaluation, Monte Carlo simulation, energy derivatives and risk management models.

The deregulation of the gas and power markets will inevitably lead to fundamental changes in the way business is conducted in the Iberian Peninsula. Gas supply and power purchase agreements will need to be restructured to reflect new market conditions. New price indexes and transparent benchmarks will evolve to reflect the market dynamics and risks of the region. New trading and financial instruments will emerge as essential tools for managing risk, valuing assets and pricing gas and power offerings.

Keynote Participation:

Mario Paulo, Head of Trading, Rede Eléctrica Nacional REN

Mário Paulo has a degree in civil engineering and masters in energy planning and economics. Mr Paulo has been head of the electricity-trading department of REN since 1999. He joined EDP, the power utility in Portugal in 1982, and has worked mainly in the construction of thermal power plants. In 1992 he worked for AIP, the Portuguese Industrial Association on different industrial projects. He also worked for the Ministry of Industry and Energy, from 1994 to 1996 on several national projects to support the implementation and development of natural gas transport and distribution networks, renewable energies and energy efficiency. From 1996 to 1997 he was the Assistant to the Secretary of State for Industry and Energy.

Why do contractual and pricing agreements have to change in the Iberian

Energy Market? How are the Gas Supply Purchase Agreement (GSA) and the Power Purchase Agreements (PPA) contracts going to change as a result of the deregulation of the Iberian Energy Market? A new basis will be needed to price gas in the Iberian Peninsular. What will it be? What new indexes and benchmarks are likely to emerge? Why do you need Iberian and Mediterranean price indexes rather than rely on broader European indexes? Why is it so important from the buyers and sellers perspective that forward/future markets develop in the Iberian Peninsular and the Mediterranean?

Who should attend? The workshop is essential for gas and power suppliers, shippers, buyers, traders, regulators, bankers and other practitioners who need to understand how the fundamentals of the Iberian market will change. This is a proactive workshop that underlines not only what will change but also how to take full advantage of the new market environment.

w w w. t h e c w c g r o u p . c o m

conference

Tuesday 27th January 2004

08.15 09.00 Registration and Coffee Chairman's opening remarks

ELECTRICITY ­ PRESENT CONSTRAINTS, FUTURE POTENTIAL AND IMPACT ON GAS DEMAND ELECTRICIDAD ­ LIMITACIONES ACTUALES, POSIBILIDADES FUTURAS Y EL IMPACTO EN LA DEMANDA DE GAS

The responsibility of the government, regulators, electricity companies, consumers etc is to guarantee the level of feasibility of the electricity system Mariano Cabellos Director General Adjunto, UNESA The constraints in infrastructure capacity are influencing investment in power generation, what measures are being taken to increase network capacity? How does REE propose to strengthen the transmission backbone in Spain? How can more blackouts be avoided and can deliverability be ensured? Can third party access be guaranteed in the future? Angel Landa Director General, REE Red Eléctrica de España Cross border connections The Iberian energy market and its implications for the networks Victor Baptista Member of the Board, REN Rede Eléctrica Nacional Questions and Answers 13.30 Lunch

KEYNOTE ADDRESSES ­ THE IBERIAN ENERGY MARKET AND ITS FUTURE EL MERCADO IBÉRICO DE LA ENERGÍA Y SU FUTURO

Has liberalisation led to true competition? The Iberian Energy Market Spain's energy market in the Iberian and European context View of the industry at present Senior Representative, Ministry of Economy

THE LATEST DEVELOPMENTS IN THE IBERIAN ENERGY MARKET ­ what opportunities and challenges lie in store? LOS ÚLTIMOS AVANCES EN EL MERCADO IBÉRICO DE LA ENERGÍA ­ ¿Cuáles son las oportunidades y desafíos que presentan?

The Portuguese energy market in the Iberian and European context Jorge Vasconcelos President, Entidade Reguladora dos Servicios Energéticos ERSE, Portugal What other measures are needed to ensure that competition is stimulated? The Iberian Market from a Spanish perspective Fernando Marti Vice President, National Energy Commission CNE Pricing issues ­ what challenges need to be resolved? The important role of the OMEL at present María Luisa Huidobro y Arreba Chief Executive Officer, OMEL Questions and Answers Coffee

Domestic Players Perspective Perspectiva de las empresas domésticas Problems And Opportunities In The New Iberian Market

Key problems in Iberian Market How is it linked to the futures market? Latest developments The strategy in building new capacity: CCGT's, Coal-fired plants...? The impact of gas supply and Kyoto protocol Will the new market help trading activities: Problems and oportunities José Luis Pastor Morate Responsible for Trading and the Iberian Market, Endesa How does Unión Fenosa view the returns of investing in generation? What key projects is Unión Fenosa involved in?

REALISING POTENTIAL IN THE IBERIAN ENERGY MARKET ­

The Iberian Energy Market set in a Mediterranean and Global context CÓMO OBTENER EL MÁXIMO RENDIMIENTO EN EL MERCADO IBÉRICO DE LA ENERGÍA ­ El Mercado Ibérico de la Energía en un Entorno Mediterráneo e Internacional

How have international events and factors affected the fulfilment of potential in the Iberian Energy Market? How have deregulation and other local influences restricted the growth of the Iberian Market? How can investors maximise potential? Are there any further opportunities for consolidation? John Fahy Managing Director, ERAS Consulting

Does Unión Fenosa provide all the gas for its generation projects? Will that always be their aim? How much gas will they need in the future? José María Domingo Blanquez Subdirector, General Unión Fenosa Generación Objectives established by the Spanish government in the Energy Planning Document 2002-2011 Iberdrola's strategic business plan 2001-2006 Update on the building of the CCGT plants and the renewable projects The Iberian market: present situation, potential and opportunities José Luis del Valle Director de Estrategia, Iberdrola EHN ­ major new projects in the future in Spain What plans do they have for investing abroad? Speaker to be confirmed

SPAIN ­ AN INTEGRAL PART OF THE MEDITERRANEAN AND GLOBAL STRATEGY OF KEY PLAYERS ESPAÑA ­ UNA PARTE ÍNTEGRA DE LA ESTRATEGIA TANTO MEDITERRÁNEA COMO GLOBAL DE LAS PRINCIPALES EMPRESAS

European companies are becoming increasingly present in the Spanish energy market through asset swaps, joint ventures and acquisitions. How important is Spain in the strategy of key players in the European and Mediterranean region. How will these changes effect the structure of the industry in the future? Who are going to be the future key players? ENI has bought 50% of Unión Fenosa gas ­ what challenges and opportunities do they envisage in Spain? Elena Polcri South Europe & Mediterranean Basin ­ Area Manager (International Development and Trading)

Electricidad Hidráulica de Navarra EHN

Project Financing for Wind Farms Framework for the successful financing of wind power projects Improvements to wide-known financing schemes Trends determining the future of wind power financing Manuel Cabrerizo Director, West LB

International Players Perspective Perspectiva de las empresas internacionales

The success of the first IPP in Spain An example of how potential can be realised in the challenging Iberian Market Jacinto Lobo Managing Director, Bizkaia Energía Setting up a CCGT plant in Spain and the legal milestones: The AES Cartagena Project Jorge Marti Moreno Lawyer, Uría & Menéndez 17.30 NETWORKING COCKTAIL RECEPTION/CÓCTEL

ENI Gas and Power

New opportunities provided by the liberalisation process in Portugal New direction for EDP as it joins with Gas de Portugal EDP has a strong presence in HidroCantábrico and now in Naturcorp What future challenges and opportunities does EDP see in the Iberian Energy Market and in the European and Mediterranean region Antonio Castro Director General, EDP Electricidade de Portugal Sonatrach is keen to become a shareholder in many present and future projects in Spain ­ Medgaz and Sagunto receiving terminal What is the importance of this presence and can it be seen as a forming part of a wider Mediterranean strategy and presence Ali Hached Executive Vice President, Sonatrach, Algeria

w w w. t h e c w c g r o u p . c o m

conference

08.30 09.10 Coffee Chairman's opening remarks

(continued)

Portugal The dynamics of the gas industry in Portugal New projects and gas supply in Portugal New terminals and storage facilities Carlos Mata Member of the Board, TRANSGÁS ­ Sociedade Portuguesa de Gás Natural, S.A. Gas Natural's gas procurement strategy What major projects is Gas Natural involved in? What time frame is Spain looking at for the potential gas bubble to be reabsorbed? Juan Mas Gas Procurement Director, Gas Natural Coffee 13.30 Lunch

Day 2 Wednesday 28th January 2004

ROUNDTABLE DISCUSSION ­ POLITICS AND ENERGY LA POLÍTICA Y LA ENERGÍA

Roundtable Chairman: Hermenegildo Altozano Partner, Denton Lupicinio La política de cada partido en las elecciones principales Posibles cambios, nuevas oportunidades. El futuro del mercado de la energía en España y en el Mercado Ibérico PP (Partido Popular) ­ Don Vicente Martínez Pujalte PSOE (Partido Socialista Obrero Español) ­ Senior representative CIU (Convergencia i Unió) ­ Don Joseph Sánchez Llibre

Gas infrastructure ­ LNG Terminals and proposed pipelines

Medgaz ­ latest developments. How will the Medgaz pipeline change the balance of demand for LNG in the future Pedro Miró President, Medgaz On overview of the terminals in Spain? Plans for future terminals. Capacity rights in terminals in Spain Pipeline connections from the terminals D. Javier Alcaide Director de Estudios y de Planificación

Keynote Address

Proximity to the market makes supplies more economical What further plans do they have to supply the Iberian market? Andrew Jamieson Managing Director

Nigeria LNG POTENTIAL IN THE GAS MARKET ­ Gas Trading Strategies, LNG versus piped, new and present terminals OPORTUNIDADES EN EL MERCADO DEL GAS ­ Estrategias Comercializadoras de Gas, LNG vs gasoductos y las presentes y nuevas plantas de regasificación An overview of the gas industry

Spain Future gas supply predictions Will security of supply be an issue? Antonio Llardén President, Sedigas ­ Asociación Técnica Española de la Industria del Gas

ENAGAS, el Gestor Técnico del Sistema Gasista Español. RETAILING, RISK, PRICING AND HUBS COMERCIALIZACIÓN, RIESGO, PRECIOS Y HUBS

Cepsa Gas' experience as a new entrant in the Spanish gas market José Luis Ortega Commercial Director, Cepsa Gas Comercializadora The perspective of a new entrant. What is Centrica's experience in the Spanish market? Alan Wyatt Managing Director, Centrica Energia, Spain How important is demand forecasting in the success of the retailers in the Iberian Market? Prem Chandran and Prudence Mauthoor

Matrica

16.00 Conference ends

LA CONFERENCIA DISPONDRÁ DE UN SERVICIO DETRADUCCIÓN SIMULTANEA THE CONFERENCE WILL BE SIMULTANEOUS TRANSLATED THROUGHOUT

corporate branding & hospitality

CWC Europe Limited, through its commitment to producing only strategic, premium conference programmes, can offer a range of sponsorship opportunities to enhance your company's strategic advantage. Our sponsorship packages can offer any combination of corporate branding; complimentary delegate places; networking opportunities, arrangement of private meetings; exclusive briefings and interactive workshops. As companies have different requirements and budgets we can also create a specific package to suit your individual needs. We are especially keen to discuss your current business and marketing objectives for the market and are always eager to investigate how we can best manage speaker, branding and alliance opportunities at the event to help you achieve these goals.

f o r t h c o m i n g e v e n t s f r o m C WC

4th Annual World LNG

4-5 December 2003 · St Regis Grand, Rome

2nd Annual LNG North America

May 2004 · Omni Houston Hotel, Houston, USA

3rd Annual Global GTL Summit

18-20 May 2004 · The Carlton Tower Hotel, London, UK

For more information on how you can become involved in this event, please contact Hernan Perez on: Tel: +44 20 7089 4163 Fax: +44 20 7089 4201 E-mail: [email protected]

For more information on how you can become involved in these events, please contact Paul Morris on: Tel: +44 20 7089 4183/4200 Fax: +44 20 7089 4201 E-mail: [email protected]

About The CWC Group

The CWC Group is the market leader in providing premium products and services for the oil, gas, power and investment sectors, particularly in emerging markets. We are the founders of the World LNG and World GTL series and responsible for innovative events where industry's certainties have been challenged by the emerging interaction between all energy sectors. Our events have become the natural meeting point for all the energy industry players. Through a unique and distinguished network of contacts, The CWC Group works to promote industry opportunities and links by uniting senior-level executives and government representatives across the globe.

Media Partners

w w w. t h e c w c g r o u p . c o m

REALISING POTENTIAL IN THE IBERIAN ENERGY MARKET

Workshop: 26th January 2004 Conference: 27th and 28th January 2004 The Westin Palace Hotel, Madrid

HOW TO BOOK Telephone

+44 20 7089 4200

to reserve your place

Fax

your completed form to

+44 20 7089 4201

E-mail Post

PLEASE USE BLOCK CAPITALS

Please tick relevant choice(s)

Conference only y1,749 + IVA @ 16% Workshop only y725 + IVA @ 16% Conference & Workshop y2,075 + IVA @ 16% Online access to conference documentation (for non-attending delegates only) y399 + VAT @ 17.5%

your details to us at

[email protected]

the completed form together with payment to:

Capital Worldwide Communications (Europe) Ltd, 3 Tyers Gate London SE1 3HX

www.thecwcgroup.com HOTEL INFORMATION

Date: Venue: Tel: Fax: 27th-29th January 2004 The Westin Palace Hotel Plaza de las Cortes 7 28014 Madrid, Spain + (34) 91 360 8000 + (34) 91 360 8100

Mr/Mrs/Ms/Other Company Position E-mail Address

Name

ATT AC HY OU VAT Reg. No. RB US INE SS

Postcode

CA RD

ACCOMMODATION

The conference fee does not include accommodation. A limited number of reduced rate rooms have been reserved for delegates. An accommodation booking form will be sent to you with your confirmation letter.

Country

Nature of business Telephone Fax

BOOKING CONDITIONS

A confirmation letter and invoice will be sent to you on receipt of your booking. Payment must be received before the conference date. If payment is not received, delegates will be asked to guarantee payment at registration with a personal credit card. Your fee includes documentation, lunch and refreshments. If you are unable to attend, a substitute delegate is always welcome. If you cancel your place more than one month before the event, we shall charge an administration fee of £100 + VAT @ 17.5%. No refunds can be made if you cancel within one month of the event. Cancellation must be made in writing and will be acknowledged in writing. It may be necessary for reasons beyond the control of the organisers to alter the content, timings or venue. Capital Worldwide Communications (Europe) Ltd will not accept liability for any transport disruption or individual transport delays and in such circumstances the normal cancellation restrictions apply.

PAYMENT ­ FULL PAYMENT MUST BE RECEIVED PRIOR TO THE START OF THE

CONFERENCE, WITHOUT WHICH ENTRANCE WILL BE PROHIBITED

Cheque: I enclose a cheque made payable to CWC Europe Limited for Bank Transfer:

Keynote All Bank Transfers must be marked clearly with the name of the delegate and event. addresses by: debit my credit card. (Please tick and complete details below) Credit card: Please

Ministry of Economy

Name on card

Sterling account no: 80366846. Euro account no: 7515839. Sort code: 20-78-58. Barclays Bank plc, Slough, England.

)

x

z

ERSE CNE

DATA PROTECTION

CardNigeria LNG number Expiry date Today's date de Economía Ministerio

4th Annual Conference

Key companies include*: Billing address

Signature

Realising Potential i

Postcode

The personal information provided by you will be held on a database and may be shared with companies in the CWC Group. Sometimes your details may be made available to external companies for marketing purposes. If you do not wish your details to be used for this purpose, please write to Kate McHugh, Database Administration, Capital Worldwide Communications (Europe) Ltd, 3 Tyers Gate, London, SE1 3HX

Registered Office: Capital Worldwide Communications (Europe) Ltd, 3 Tyers Gate, London, SE1 3HX

Bizkaia Energia BP España Centrica España Cepsa Gas

THE IBERIAN ENERGY

Code: TC/PM/REYVIS

Country

23632756873

Information

cwe2363_Spain_(IM)

8 pages

Find more like this

Report File (DMCA)

Our content is added by our users. We aim to remove reported files within 1 working day. Please use this link to notify us:

Report this file as copyright or inappropriate

306341