Please Note:
Schedule subject
to change.

For further information on any CERA Event, click on the Event link or contact CERA Registration for details.

CERA is pleased to announce the upcoming Global Power Forum Summit to be held at the Penha Longa Hotel and Golf Resort in Sintra, Portugal on June 1-3, 2008.

This invitation-only Summit, part of CERA's Global Power Forum, brings together a select community of the global power industry's top executives. With discussions and concise CERA analysis and commentary, the Global Power Summit has become the premier gathering of the global power community.

Panelists include:

• Jon Kimber, Head of Energy Efficiency, Centrica
• Fabrice Huré, Vice President, Electrical Energy Solutions, Schneider Electric
• Bill Vogel, CEO, Trilliant Incorported
• Younes Maamar , CEO, Office National d'Electricité (ONE), Morocco
• Peter Barker-Homek, CEO, Abu Dhabi National Energy Company- TAQA
• Ronan Huitric ,    Directeur Electricite TOTAL SA

For details regarding participation in this Summit or membership in the Global Power Forum, please contact Richard Morris at +1 617 866 5121.

Note: Summit agenda topics are subject to modification to address changing industry conditions.

Hotel form (pdf)
Activities form (pdf)
Event Brochure (pdf)

• Analysis of global power market trends

• Financial performance of power industry leaders

• Shifting themes in energy strategy

• Blind spots in the current investment environment


10:00 - 11:15 AM
Capital Cost Escalation:Drivers, Outlook and Impact
Infrastructure construction costs have risen substantially, just when many power companies around the globe are gearing up for a major investment cycle. CERA recently released our new Power Capital Cost Index (PCCI), which tracks the cost of building new power plants in North America. The PCCI rose from 100 in 2000, the base year, to 231 today; and conditions are similar internationally. In this session we discuss the status, outlook, and implications of cost escalation, addressing questions such as:

• What are the cost components of building coal, gas, nuclear, and wind power plants?

• What are the drivers of recent cost escalation, and where are they heading?

• What are the implications for the power industry in Europe, North America, and globally?

• How are power companies responding to the cost escalation, and what are the consequences?


11:30 AM - 1:00 PM
Special Executive Panel—Energy Efficiency: The Conservative Conundrum
Improved end-use energy efficiency is a key carbon abatement option. An important conclusion of our recent Multiclient Study Crossing the Divide: The Future of Clean Energy is that the supply side alone cannot meet global climate change goals: more needs to be done to deliver improved energy efficiency around the world.

Many energy conservation programs are in place but only a limited share of the full potential has been unlocked. Several barriers stand in the way of delivering that potential; but with climate change and energy security high on the agenda, companies will need to align their business strategy with the imperative for increased energy efficiency. In this panel we explore from a practitioner’s point of view what is really possible in energy conservation and what new technology can deliver. This panel also marks the launch of our new Multiclient Study Conservation Conundrum.


1:00 - 2:00 PM
Luncheon

2:00 - 5:00 PM
Social Event

7:00 PM
Gala Dinner; Penha Longa Resort: Guest Speaker Jorge Vasconcelos

Jorge Vasconcelos Chairman of NEWES, New Energy Solutions First president of the Portuguese Energy Regulatory Authority Co-founder and chairman of the Council of European Energy Regulators (CEER) First chairman of the European Regulators’ Group for Electricity and Gas (ERGEG)

In this session we attempt to answer the questions raised by this move to auctioning:

• What, if anything, can we learn from previous emissions auctions?

• What will the auctions look like and how frequently will they be held?

• How will these auctions affect the working capital of companies, and what market strategies may be available to manage this cost?

• What impact will auctioning have on power markets?


12:30 - 2:00 PM
Luncheon

2:15 - 3:45 PM
Executive Panel—Middle East and North Africa: Creativity to Drive Investments
Several factors contribute to the attractiveness of IPP schemes in the MENA region. But despite the challenges on many fronts (fuel constraints and evolving prices, domestic needs, global competition), the energy authorities still have to ensure that the needed investments will materialize in the right place at the right time. Moreover, the potential of energy efficiency measures and of alternatives is continuously assessed, adding to investment uncertainty in the region. As a result, and given the high demand growth rates for electricity and water expected in the region, creativity becomes important.

The goal of this panel is to share the experiences of the countries that have been launching creative initiatives in the region, especially regarding institutional reforms, alternative fuels, technology, and management and planning, to assess the impact of these measures on investment opportunities.


3:45 - 4:00 PM
Summary and Close