Energy market – Back to Competition
13 Feb 2025 @ 09:00 - 18:00
Thursday, 13 February 2025, from 09.00, Energynomics proposes the first meeting of this year, in a conference dedicated to the changes we anticipate from 1 April. The abolition or radical change of the energy price cap-and-compensation scheme marks a return to a competitive market, where prices are (to a greater extent) determined by commercial practices, with the potential to incentivise investment, efficiency and innovation.
Throughout the day, we will provide an overview of opportunities to diversify offerings and develop flexible products tailored to consumer needs. From their perspective, we will identify the most appropriate cost management strategies!
Access is allowed based on a €75 + VAT admission ticket
CONTEXT
The Romanian energy market is preparing for a fundamental change with the abolition or radical modification of the energy price cap-compensation scheme, starting 1 April 2025. This decision marks the return to a free and competitive market where prices are determined by market mechanisms, incentivising investment, efficiency and innovation.
Originally introduced to protect consumers from extreme price volatility, cap and trade-off measures have proved financially unsustainable and destructive to market dynamics. Financing them through exceptional levies on energy companies has significantly reduced the number of transactions, market liquidity and access to all potential sources of energy security. In addition, predictability for suppliers and consumers has been severely affected.
The removal of these measures creates an opportunity to re-adapt to a competitive environment capable of attracting investment in production, new technologies and infrastructure. Producers can capitalise on this new context to develop new capacities, in particular controllable and renewable, and to implement technological solutions that reduce costs. Transmission and distribution operators are also called to modernise networks and integrate smart technologies to support a diversified energy mix.
For suppliers and traders, increased competition offers opportunities to diversify their offerings and develop flexible products tailored to consumer needs. On the other hand, consumers, whether domestic or industrial, will need effective strategies to manage their costs, either by self-generation or by adopting digital technologies and other innovative solutions.
THEMES AND AGENDA
08.30-09.00 Guests registration
09.00-09.05 Introduction from the organisers
09.05-09.20 Keynote Speaker
09.20-09.35 Keynote Speaker
09.35-11.00 Policies and regulations for the energy transition
The impact of the removal of the cap on energy markets * The role of authorities in ensuring a predictable and competitive environment for market actors * Regional collaboration for energy security and access to cross-border markets * Legislative measures to support investments in renewables and flexible capacity * Regulating storage markets and integrating them into the energy mix
11.00-11.20 Networking break
11.20-11.40 Keynote Speaker
11.40-13.00 Energy generation and new investments
The impact on production costs and viability of energy projects * Investment prospects for new generation capacity development * The role of flexible power plants * New approaches to reducing imbalances and associated costs
13.00-13.20 Keynote Speaker
13.20-14.00 Business lunch
14.00-15.20 Energy supply and trading
Increased competition between suppliers – more varied offers * Evolution of trading strategies to manage volatility * Flexible product development – opportunities and obstacles * Forms of protection against price volatility * Role of forward and spot markets in price stabilisation and risk management * Integration of artificial intelligence and IoT in supply and demand management
15.20-15.40 Keynote Speaker
15.40-17.00 Consumers: households and C&I
Defining vulnerable consumers and forms of protection * Energy efficiency for household consumers * Cost efficiency strategies for industrial consumers * The role of prosumers * Forms of increasing energy control at consumer level * New business models encouraged by the free market * The potential of energy storage
17.00-18.00 Networking
EXPO AREA
Ideas energize action, but they are put to work in objects. The exhibition space allows the distribution of product brochures, the presentation of solutions and the results of the latest projects to those who need them.
PARTICIPATION
Access to the conference is open to all professionals in the Romanian energy industry and related sectors.
Practical examples will be presented, and guest speakers will answer questions from participants.
This conference is organized by Energynomics with the support of our partners.
Themes
Policies and regulations for the energy transition
- The impact of the removal of the cap on energy markets
- The role of authorities in ensuring a predictable and competitive environment for market actors
- Regional collaboration for energy security and access to cross-border markets
- Legislative measures to support investments in renewables and flexible capacity
- Regulating storage markets and integrating them into the energy mix
Energy generation and new investments
- The impact on production costs and viability of energy projects
- Investment prospects for new generation capacity development
- The role of flexible power plants
- New approaches to reducing imbalances and associated costs
Energy supply and trading
- Increased competition between suppliers – more varied offers
- Evolution of trading strategies to manage volatility
- Flexible product development – opportunities and obstacles
- Forms of protection against price volatility
- Role of forward and spot markets in price stabilisation and risk management
- Integration of artificial intelligence and IoT in supply and demand management
Consumers: households and C&I
- Defining vulnerable consumers and forms of protection
- Energy efficiency for household consumers
- Cost efficiency strategies for industrial consumers
- The role of prosumers
- Forms of increasing energy control at consumer level
- New business models encouraged by the free market
- The potential of energy storage