Grids as enabler of energy transition

Electricity Grids as an Enabler of the Energy Transition

The world of energy is undergoing a profound transformation. We are living through what is known as the energy transition, a shift that is often perceived as abstract but is, in fact, quite concrete. This transition refers to the increasing use of electricity in various sectors to replace fossil fuels, marking a significant step toward a cleaner and more sustainable energy future.

Electrification Across Sectors

The effects of electrification are becoming increasingly visible in everyday life. From electric vehicles in transportation to heating and cooling systems in homes, and even in the way we prepare food, electricity is taking center stage. In Romania, many households are already generating at least part of the electricity they consume, a trend that highlights the growing role of prosumers—individuals who both produce and consume energy.

Decisive Moments for Romania’s Energy Future

Romania is at a pivotal moment in deciding its energy future. The policies adopted today will shape the nation for the next 30 years. Energy projects, by their very nature, are long-term commitments that cannot be implemented overnight. Therefore, the time to act is now.

Failing to adopt the right public policies to support green energy and investment in electricity grids—which depend heavily on regulatory frameworks—would mean missing a critical opportunity for Romania. Without this support, the country risks falling behind others that are moving in the right direction, missing out on economic growth and improvements in the well-being of its population.

The Need for Digitalized and Resilient Grids

For green energy to reach consumers, a fundamental shift in how electricity grids are configured is essential. This transformation can only happen through digitalization. Future grids must not only be modernized but also reconfigured to manage electricity flows both to and from consumers. In a world where prosumers play an active role, grids need to be capable of distributing and managing energy in more dynamic ways than ever before.

Without a regulatory framework that incentivizes investment in this type of infrastructure, these goals will remain unfulfilled. The development of digitalized and resilient electricity distribution networks is crucial for Romania to thrive in an increasingly electrified economy.

Economic Growth Through Smart Grids

Countries that have invested heavily in renewable energy projects and electricity grids are reaping the rewards in the form of lower electricity prices. Spain, for instance, has emerged as a leader in this field, offering some of the best energy prices in Europe today.

Romania stands to benefit similarly if it acts quickly. Digitalized grids are not just about energy—they are economic growth enablers, and investing in them will enhance Romania’s competitiveness on the global stage.

Acting Now for a Sustainable Future

The window of opportunity is now. To achieve results by 2030, Romania must begin investing in clean energy production and grid integration immediately. This includes making the necessary upgrades to accommodate the energy produced by prosumers and ensuring that the energy is distributed efficiently to customers in an increasingly electrified economy.

The consequences of inaction are severe. If Romania fails to implement public policies that support green energy and grid investment, the country will miss its chance for economic growth and improved quality of life. More worryingly, it risks lagging behind countries that are moving ahead with the energy transition.

Long-Term Investments and Climate Impact

Energy projects are long-term by nature. If we do not invest in grids today, we will jeopardize the well-being of future generations. It is not just about energy; the stakes are also about mitigating the climate crisis, which is partly driven by high-carbon energy sectors. The consequences of continuing with business-as-usual—desertification, food and water shortages, extreme weather events, and rising temperatures—are already being felt, even in Romania.

The Cost of Inaction

The real cost is not in the energy transition itself but in the failure to transition. A future built on resilient, digitalized electricity grids and sustainable energy production will ensure economic prosperity, climate resilience, and a better quality of life for all. The decisions we make today will determine whether we seize this opportunity or sacrifice it.

Curated by PPC.

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Agenda FEL Energy Trilemma Workshop

13:30 – 14:00

Welcome coffee & networking

An informal opportunity for participants to meet and greet each other over coffee before the session begins.

14:00 – 15:00

Keynote speakers

Olivian Savin – Manager Communication & Marketing FEL Romania
Ștefan Gheorghe – Executive Director CNR-CME
Andrei Gurin – Sustainable Finance Unit, Team Leader – Taxonomy and Reporting, European Commission
Ana Nedea – Director of Strategy & Business Development, SIMTEL Team

15:00 – 15:20

Coffee break

15:20 – 16:30

Energy Trilemma Workshop

Olivian Savin – Manager Communication & Marketing FEL Romania

16:30 – 18:00

Networking wine tasting offered by Simtel Team

CEE Climate Connect Agenda

Date: October 17, 2024

Location: Representation of the European Commission in Romania, Lascăr 31 Business Center

Co-organized with the Representation of the European Commission in Romania and the EU Climate Pact, this Climate Change Summit side event is a speed networking session aimed at professionals and key stakeholders in Central and Eastern Europe. It offers a chance to quickly connect with influential people, build new relationships, and explore potential collaborations. The goal is to help participants make valuable connections that can support their work and initiatives in the region.

09:30 – 10:00

Welcome Coffee

An informal opportunity for participants to meet and greet each other over coffee before the session begins.

10:00 – 10:15

Welcome Remarks

Roxana Cojocaru, Executive Director, Social Innovation Solutions
Mara Roman, Deputy Head, Representation of the European Commission in Romania
Ana-Maria Pălăduș, Vice President, REPER21, National Coordinator for the EU Climate Pact in Romania

10:15 – 10:45

Participant Introductions

In this session, each participant will have the opportunity to introduce themselves briefly, sharing their role, the organization they represent, and their key areas of focus related to climate action and sustainability. This session is designed to give attendees a better understanding of who is present and to start identifying potential points of collaboration.

10:45 – 12:00

Facilitated Networking Activities

This interactive segment will guide participants through structured networking exercises, encouraging meaningful exchanges and collaboration opportunities. Activities will include:

  • Speed Networking: A fast-paced series of short, one-on-one conversations where participants can quickly introduce themselves and discuss mutual interests.
  • Group Discussions: Participants will be divided into small groups based on shared topics of interest (such as energy, agriculture, or urban sustainability) to explore ideas and possible synergies.
  • Collaboration Mapping: Using a visual tool, participants will highlight potential collaborations within the group, allowing them to identify common goals and resources that can be shared for future projects.

These activities are designed to help attendees make impactful connections in a short amount of time and foster potential long-term partnerships.

12:00 – 12:30

Lunch

A relaxed networking lunch where participants can continue their conversations and deepen connections made during the morning sessions.

ESG Leaders Forum Agenda

09:00 - 10:00

Registration and Welcome Coffee

10:00 - 10:15

Introduction and Welcome Address

Philippe Thibaud

Deputy CEO, BRD - Groupe Societe Generale

Philippe Gabulon

CEO, Societe Generale Global Solution Centre in Romania and Deputy CEO for SG GSC in India

Ciprian Stanescu

President Social innovation Solutions

Mihaela Frăsineanu

State Counselor, Prime Minister's Chancellery

10:15 - 10:45

Panel 1: Legislation

Codruț Nicolau

Founder, Sustain Future

Elena Cargnello

Member of the Board of Directors | Cogenio

Mihaela Frăsineanu

State Counselor, Prime Minister's Chancellery

10:45 - 11:15

Panel 2: Sustainable Finance & Investment

Aleksandra Palinska

Executive Director at Eurosif

Andrei Gurin

Sustainable Finance Unit, Team Leader – Taxonomy and Reporting, European Commission

Iuliana Tiba

Director Social Environment and Positive Financing Division BRD Groupe Société Générale

11:15 - 11:45

Panel 3: ESG Measurement and Reporting

Alexander Stevens

CEO, Greenomy

Fenya Sourla

Co-founder, COO & ESG Expert at Dataphoria

Kaisa Karjalainen

Director of the Mission Zero Academy (MiZA)

11:45 - 12.30

Panel 4: Examples of Good Practice in Business

Tiberiu Dănețiu

Corporate Affairs and Media Retail Director, Auchan Romania

Ioana Botezatu

Head of CSR, Societe Generale Global Solution Centre (SG GSC) India and Romania

Raluca Mocanu

Sustainability Leader, IKEA România

Boualem Saidi

Senior Bayer Representative for the Country Group and Managing Director of Bayer SRL Romania

12:30 - 13.00

Coffee Break

13.00 - 14.00

Breakout Sessions (3 simultaneous topics)

Room 1: Legislation
Room 2: How to make Sustainable Financing work (workshop led by Theresa Spandel, on implementation of the CSRD)
Room 3: ESG Measurement and Reporting in Practice (session led by Alexander Stevens)

14.00 - 15.00

Networking Lunch

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