DIGITAL ERA OF ENERGY 6 GAS MARKETS IN EASTERN EUROPE 8 EU NEW HYBRID ENERGY SYSTEM 24 The next five years can become extremely dynamic “Gazprom’s” positions on the markets of Eastern New paradigm of the future EU energy system could for the European energy market. The “Clean Energy European countries will remain high owing to the be the use of excess electricity generated from the for All Europeans” will launch powerful mechanisms traditional partners of a Russian company. Under sun and wind to produce hydrogen gas with its further of decarbonization, push changes in the principles of certain scenarios, “Gazprom” may increase its presence transportation via gas transportation system and functioning of the energy market from centralized to in these markets. accumulation in the European system of underground distributed generation, and cause the emergence of a gas storage facilities. new active and mass player — the prosumer. ENERGY CORPORATE MAGAZINE CEPCONSULTPARTNER S.R.O. | # 2 DECEMBER 2019 -FEBRUARY 2020 | THE MAIN TOPIC THE THE NEXT FIVE YEARS CAN BECOME DIGITAL EXTREMELY DYNAMIC FOR THE ERA OF EUROPEAN ENERGY ENERGY MARKET. AS AN OPPORTUNITY AND A CHALLENGE |EDITORIAL COMMENT| |EDITORIAL COMMENT| On November 15th, 2018 at the Morava of the consulting agency into the Slovak Marian Meško, the Honorary Consul conference hall of Austria Trend consulting services market, to present of Lithuania in the Slovak Republic, Hotel,Bratislava, our commercial the groundwork on the main directions noted the prospects of increasing project presented its portfolio of of the company’s competitive services, interest of the business and government consulting services for the business as well as to establish business contacts of Slovakia in consulting services in community of Slovakia and other in the informal atmosphere of the project management in energy, energy European countries in cooperation reception. efficiency and non-financial risksin view LOOKING with Lithuanian consulting company The moment of entering the local and of termination of the financial assistance UAB Centre of Energy Partnership regional consulting services markets period from the EU structural funds and (CEP). The purpose of the official for Cepconsult is assessed as successful. financial institutions for Slovakia. DEEPER, presentation was to indicate the entry In a welcoming address for the guests, At the turn of 2019-2020, factors of SEEING FURTHER AND OFFERING MORE ew views of the market of tra- We are pleased to share our knowledge ditional energy resources (oil, not only within professional community, natural gas, coal) in Europe, but also on the pages of the corporate business analysis of EU ener- magazine “Energy Partner”, the first gy policy in the scope of the issue of which examined the real level N“Clean Energy Package”, business op- of US financial participation in the portunities in Europe under the chal- global “green economy”, analyzed the lenges of global climate policy, deprecia- issues of concerns of the gas distribution tion of the loan portfolio at the expense industry in Ukraine, reviewed markets of “green” borrowings, forecast of busi- promising for investment in renewable ness development in the conditions of energy, considered the role of natural geopolitical changes – are the services gas in relations between Russia and the offered by Slovakian consulting compa- European Union, etc. The magazine is ny Cepconsult s.r.o. available to our clients and partners in Founded in April 2019 in Slovakia, printed publications and online. Cepconsult s.r.o. put together a team of Cepconsult s.r.o. strives to become experts in the field of economics, energy, an attractive partner for companies sustainable development issues and non- operating in the European energy GENERATING STATION financial risks in a short period of time market by offering professional services CLASSIFICATION OF POWER STATIONS which allows the company to provide regarding issues of energy and climate services on marketing, consulting, policy of the EU, relationships between 5.9 % information and lobbying to companies key public and corporate actors, analysis THERMAL RENEWABLE ENERGY 44.4 % interested in business in the European and forecast of geopolitical, security 5.2 % energy markets. In the long term, it and corporate risks and opportunities. is planned to develop a new direction We anticipate opening a representative - “business training and short-term office in Bratislava in the nearest time, Nuclear Thermal Biomass Osmosis Solar Wind Hydroelectricity Marine Pumped storage business education”. More information where strategic interests of consumers, 22.2 % and the portfolio of consulting services transistors and energy producers from can be found on the^ website: https:// traditional and alternative sources are cepconsult.com. crossed. SLOVAKIA energy and ecology infographics 2 CORPORATE MAGAZINE Cepconsult s.r.o. EP #2, Decemder 2019-February 2020 3 |EDITORIAL COMMENT| |CONTENT| medium-sized business striving to work MAIN TOPIC successfully in a changing environment 24 in the European market. Cepconsult The digital era is willing to offer timely assessment of financial and professional capabilities, of energy as strengths of the company, attractive an opportunity niche areas for development of company activities. Our company will undertake and further support and provide timely a challenge information on possible new challenges for business resulting from changes in geopolitical realities or business conditions in a particular country. We research and adapt information about new opportunities for attracting financial resources at acceptable ratesto the needs of our customers; we offer unique cases for specific needs and always work according to an individual program. instability in the global economy may intensify. At the European level, it is expected to reformat the transit routes LOOKING DEEPER, BELARUS NUCLEAR for fossil fuels, to further promote CORPORATE 2 seeing further 19 increase of the role of renewable energy and offering more POWER PLANT sources in the energy balance of the MAGAZINE “BELNPP”, leading EU countries and strengthen CEPCONSULT its prospects responsibility of states for the impact on and challenges the environment. Adapting power market S.R.O. # 2 for the country actors to the new operating conditions 6 HEAD OF will require fresh ideas and creative december 2019 - UKRAINIAN approaches to solving professional february 2020 problems in which Cepconsult team is NGO «Sergiy Dronov THE NEW HYBRID ready to offer its services. 26 Due to a combination of knowledge Human Rights Center» ENERGY SYSTEM and experience in the energy, finance, Editor Maksym Nedria of the European Union education and consulting sectors, CEO & co-founder Cepconsult has unique capabilities for a Cepconsult s.r.o. comprehensive analysis of the situation GAS MARKETS Mliekarenska 8, 821 09 8 of both large companies, small and Bratislava IN CENTRAL AND Slovak Republic SOUTH-EASTERN 28 MEDIUM-TERM t.: +421 919 480 943 EUROPE PRIORITIES e-mail: [email protected] are on the path for the transformation of transformation of the EU www.cepconsult.com energy system We value each of our clients highly and strictly adhere to the corporate ethics of relationships, confidentiality and protection of rights in accordance with the requirements of European legislation. By combining our own knowledge and 15 FUTURE OF GAS 30 NEW experience with the business ideas of our clients, we strive to achieve mutual INFRASTRUCTURE PROJECT benefit in accordance with the “win-win” principle and adhere to the approach in Central Eastern and South for industrial use embedded in our corporate slogan “Together we can”. Eastern Europe of hydrogen in the EU 4 CORPORATE MAGAZINE Cepconsult s.r.o. EP #2, Decemder 2019-February 2020 5 |THE ISSUES OF THE BRANCH| |THE ISSUES OF THE BRANCH| the financial burden on the complete the process of expenses. employees of gas distribution consumer in winter, as the separating the distribution Equal payments throughout network operators will be consumer will make equal service from the sale of gas the year will allow gas able to receive a salary of HEAD OF payments throughout the itself as a commodity. The distribution network about UAH 13,500 per year. It should be noted relevant steps are envisaged operators to obtain the month, which amounts to that the formation of tariffs by the Law of Ukraine “On resource they need to the average salary in the on the basis of capacity is the Natural Gas Market” and maintain and modernize industry. UKRAINIAN provided by the Law of are a part of the Third Energy their networks. In turn, this At the same time, NEURC Ukraine “On the Natural Package of the European will increase the safety and did not provide for up-to- Gas Market”. Similar Commission, which Ukraine uninterrupted distribution date compensation for losses approaches to the payment has committed to comply of natural gas. of gas distribution companies NGO of gas transportation are with in the framework of With the adoption of the in the proposed tariffs. Last already applied at the the implementation of the new methodology, there year alone, they suffered market, for instance, by EU-Ukraine Association will be an opportunity to losses of more than UAH 4,5 «SERGIY DRONOV the state operator of gas Agreement. The consumer direct funds for raising billion. With the proposed transportation system will see how much he pays salaries for employees of gas rates of funding, losses will HUMAN RIGHTS