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EMERGING ENERGY MARKETS
conference organized by Eesti Pank,
Ministry of Economic Affairs and Communications
and Global Interdependence Center (GIC)
Conference Center of the Swissôtel Tallinn
August 21, 2008
PROGRAM
| 09:00 - 09:15 |
Opening remarks, Andres Sutt, Deputy Governor, Eesti Pank |
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| 09:15 - 09:45 |
Keynotes: Juhan Parts, Estonian Minister of Economic Affairs and Communications:
"Energy policy challenges in the Nordic-Baltic region" |
| 09:45 - 10:15 |
Keynotes: Jean-Claude Schwartz, Policy Officer, DG TREN C1, European Commission:
"The 2020 Sustainable Energy Agenda"
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| 10:30 - 12:00 |
SESSION 1: Nordic and Baltic energy balance and energy market networks |
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The first panel will provide an overview of Nordic energy market and market infrastructures |
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Chair: Einari Kisel, Deputy Secretary General of Energy, Estonian Ministry of Economic Affairs and Communications |
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Discussants:
Yngve Söderlund, Senior Manager, Europe & Eurasia, Nordic Investment Bank:
"Demand for Investments to Secure Electricity Supply versus Investment Risks in the Baltic Sea Region"
Mario Baldassarri, Professor of Economics, University of Rome "La Sapienza":
"Global energy prices, supply situation and the European Union"
Natalia Soczo, Energy policy expert, Mol Group:
"Russia and the European Energy Supply"
Timo Tyrväinen, Chief Economist, Aktia Sparbank Abp:
"Central Bank Policy in Response to Exogenous Energy Shocks"
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| 13:30 - 15:00 |
SESSION 2: Energy policies and alternative sources in the European and Nordic context - a market view |
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The second panel will discuss solutions to address energy risks in today's volatile environment and key challenges in
diversifying energy supplies |
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Chair: David R. Kotok, Member of the Board of Directors, GIC |
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Discussants:
Sandor Liive, CEO, Eesti Energia:
"Baltic energy supplies"
Martti Kätkä, Director, The Federation of Finnish Technology Industries:
"Energy Policies and Alternative Sources in the European and Nordic Context - A Market View"
Jason Schenker, Risk Management Specialist, McKinsey Group:
"Solutions to Mitigate Energy Risk"
Christopher E.Jylkka, Partner, Boston Energy Group:
"An American Perspective on Wind Development"
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| 15:30 - 17:00 |
SESSION 3: Monetary policy and energy costs |
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How do energy policy and costs affect inflation and central bank decision making? |
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Chair: Andres Sutt, Deputy Governor, Bank of Estonia |
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Discussants:
Kevin Cheng, Economist, IMF:
"Global inflation and commodity prices"
Martin Bijsterbosch, Principal Economist, European Central Bank:
"Policy in Response to Exogenous Energy Shocks"
Jan Kubicek, Advisor to the Board, Czech National Bank:
"Outlook for Energy Consumption in the Czech Republic in the Context of the Convergence Process" |

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