2012 4th Annual Baltic Silver Sponsor and Cocktail Reception Host Energy Bronze Sponsor Summit Legal Partner Stronger together? 14-15 November 2012 Radisson Blu Olümpia Tallinn, Estonia Conference and Exhibition Associate Sponsors Join leading public and private sector experts in a dynamic networking environment to debate and solve the current issues facing the development of the Baltic Energy market. With increasing energy demands and dependency on imported energy, the Baltic States are looking for new supply options. National incumbents and international investors alike are looking to the unfolding opportunities in the Baltic States, but can the potential of LNG and Renewables be realised, and what future remains for Gas, Nuclear, Oil Shale and other sources? The 3rd EU Energy Package is driving changes in the structure of European energy markets, but what impact will this have on the Baltics for energy producers, transporters, traders and consumers? Gas is a fundamental energy source in the Baltic states, but recent price fluctuations and security of supply threats have left a few question marks, so what are the Baltic states doing to ensure affordable and regular supply? How far has BEMIP been achieved and what remains to be completed? Our 4th annual event will unite key players from across the energy industry, both from private and public sectors, tackling these key questions and other issues facing the development of the Baltic Energy market.The event will also address the bankability and viability of energy projects for private sector investors, including expert scrutiny of the risks and challenges from a range of international professionals, in addition to industry analysis and perspective from the leading regional energy companies. Whether you’re looking to enhance your presence in the Baltic market, investing in energy projects or want to find out about the future direction of the Baltic energy market, this event will exceed all your requirements. Events Ltd. Easy ways to register www.eelevents.co.uk [email protected] + 44 (0) 207 681 2889 Speakers Government and public sector speakers Easy ways to register Ando Leppiman, Deputy Secretary General, Ministry of Economic Affairs and Communications, Estonia Online Esa Härmälä, Director General, Energy Department, Ministry of Employment and the Economy, Finland www.eelevents.co.uk Dins Merirands, Director, Department of Energy, Ministry of Economics, Latvia Email Birute Vesaite, MP, Seimas of the Republic of Lithuania, Lithuania [email protected] Fax Pierre Dechamps, Adviser for Energy, Climate Change and the Environment, European Commission, Belgium + 44 (0) 207 681 2889 Telephone Feature speakers +44 (0) 207 275 8020 Antero Jännes, CEO and Chairman of the Board, Gasum, Finland Taavi Veskimägi, CEO, Elering, Estonia Rodney Kincaid, CEO, Balmoral Capital Holdings Inc., United States of America Jaakko Vähä-Piikkiö, Vice President in the Baltics, Heat Division, Fortum, Finland Tobias Kohler, Partner, Rödl & Partner, Lithuania Joop Jonkers, Manager Business Development, Vopak, The Netherlands Sergey Boyarkin, Programme Director, Rosatom, Russia Helena Wisden, Senior Trading Manager, Cheniere Energy, United Kingdom Jaanus Arukaevu, Strategy Manager, Eesti Energia, Estonia Viido Polikarpus, Marketing and Public Affairs Director, Energy Smart, Estonia Expert panellists Joachim Hockertz, Deputy General Manager, Lietuvos Dujos, Lithuania Hadley Barrett, CEO, Oxford Sustainable Group, Estonia Our 4th Annual Baltic Energy Justinas Šaltys, CEO, Finasta Corporate Finance, Lithuania Summit will enable you to learn Jean Sacreste, CEO - Russia and Baltic States, Dalkia, Russia about key market developments and opportunities from regional and Jukka Luukkanen, Head of Division Nordic, Baltic and EFTA Lending, European Investment Bank, Luxembourg international decision makers. Per Aage Jacobsen, Head of Energy Project Finance, DNB Bank, Norway Allan Parik, Head of the Corporate Banking, SEB, Estonia If you are interested in speaking, sponsoring or participating in this Bo Henriksson, Country Manager--Baltic States, ABB, Estonia event please contact your Yngve Söderlund, Senior Manager, Business Development, Energy Sector Lending, Nordic Investment Bank, Finland representative for more information. Simona Apostol-Siegl, Country Coordinator Baltics and Global Key Account Manager, , Austria UniCredit Leasing Project Manager Hando Sutter, Regional Manager Estonia, Latvia, Lithuania & Russia, Nord Pool Spot, Estonia Tom Popple Gregory Rubinchik, Senior Manager, KPMG, Latvia [email protected] +44 (0) 207 275 8020 Juha Hiekkala, Manager - Electricity Market Development, ENTSO-E (Fingrid), Finland Kaupo Lepasepp, Partner and Regional Head of the Competition and Regulatory Team, SORAINEN, Estonia Conference Producer Stephanie Gryszan-Brindley Märt Ots, Director General, , Estonia Estonian Competition Authority [email protected] Inese Ikstena, Commissioner, Public Utilities Commission, Latvia +44 (0) 207 275 8020 Henning Gloystein, Senior Correspondent, Head of European Power and Gas, Thomson Reuters, United Kingdom Business Development Paal Aschjem, Chairman, Norwegian-Estonian Chamber of Commerce and FICE, Estonia Stanislav Polikarpov Paulis Barons, President, Latvian Wind Energy Association / Latvian Union of Local Governments, Latvia [email protected] +44 (0) 207 275 8063 Chairman Andrei Belyi, Associate Professor at the Centre for the EU Russia Studies (CEURUS) of the University of Tartu, Events Ltd. Academic Director of Jean Monet Energy & Environment Programme, Guest Lecturer at the University of Dundee (Centre for Energy, Petroleum, Mineral Law and Policy), Senior Expert at the Polinares Project Event partners Easy ways to register Lietuvos vėjo www.eelevents.co.uk elektrinių asociacija [email protected] + 44 (0) 207 681 2889 Agenda: Day 1 Ministerial roundtable, market overview, financing energy infrastructure Easy ways to register 08:30 Registration and coffee 09:10 Chairman’s welcoming address Online Andrei Belyi, University of Tartu, Estonia www.eelevents.co.uk Email 09:20 Ministerial Address and Roundtable [email protected] - National energy policies and future strategy Fax - Where from and how will energy be secured? + 44 (0) 207 681 2889 - The future of renewables in foreseeable future Telephone - The place of Nuclear in the Baltics - The role of LNG and future of gas market +44 (0) 207 275 8020 Confirmed participants: Ando Leppiman, Deputy Secretary General, Ministry of Economic Affairs and Communications, Estonia Dins Merirands, Director, Department of Energy, Ministry of Economics, Latvia Esa Härmälä, Director General, Energy Department, Ministry of Employment and the Economy, Finland Birute Vesaite, MP, Seimas of the Republic of Lithuania, Lithuania 10:10 Norwegian Energy Directive and opportunities in the Baltic Region Paal Aschjem, Norwegian-Estonian Chamber of Commerce and Foreign Investors’ Council in Estonia (FICE) Future energy mix: a regional overview Ambassador representation: 10:20 The EU and Baltic States: Future co-operation British Embassy in Estonia - Overcoming obstacles facing implementation of Directives - EU‘s commitment to financing system change in the Baltics Embassy of Canada to Latvia, Lithuania, and Estonia - Furthering integration of EU energy markets - Encouraging low carbon generation and meeting 2020 goals Embassy of the Czech Republic Pierre Dechamps, European Commission, Belgium in Tallinn 10:40 Future Energy Mix: regional trends and future expectations Embassy of Finland in Tallinn - How to overcome the increasing demand-supply imbalance German Embassy in Tallinn - Where from and how will energy be secured? - The future of renewables in foreseeable future Embassy of Greece in Tallinn - The place of Nuclear in the Baltics Embassy of Japan in Estonia 11:00 Networking coffee break Embassy of the Kingdom of the Netherlands in Tallinn Financing energy infrastructure Embassy of the Republic of Poland in Tallinn 11:40 Financing energy projects: the role of the banking sector - Mechanisms available and requirements of financiers Embassy of Sweden in Tallinn - Understanding the incentives: government support, funds, FITs, subsidies - Importance of due diligence Embassy of Latvia to Estonia - Can the Baltics provide ROI? Embassy of the United States of America in Tallinn 11:55 How can developers make energy projects more attractive for investors - Requirements and deal structures - Experience of US, European and Asian markets Rodney Kincaid, Balmoral Capital Partners Inc., United States of America 12:10 Panel Discussion: investors’ and financiers perspective of the Baltics - Why do banks invest? - How do you choose the right financing mechanism? - What are the requirements of investors and financiers? - How can projects be made more attractive? - Utilising EU funds - Typical issues that make projects fail - Stability and cash flows Panel Chair: Gregory Rubinchik, KPMG, Latvia Events Ltd. Panellists: Jukka Luukkanen, European Investment Bank, Luxembourg Yngve Söderlund, Nordic Investment Bank, Finland Allan Parik, SEB, Estonia Per Aage Jacobsen, DNB Bank, Norway Justinas Šaltys, Finasta Corporate Finance, Lithuania Simona Apostol-Siegl, UniCredit Leasing, Austria Easy ways to register www.eelevents.co.uk 13:00 Networking lunch break [email protected] + 44 (0) 207 681 2889 Agenda: Day 1 Meeting growing gas demand: challenges and opportunities Easy ways to register 14:00