DAY ONE: Monday 7 July
8.30 Registration
9.00 Chairman’s welcome address and opening remarks
Anthony Hobley, Partner and Head of Climate Change,
Norton Rose
9.10
KEYNOTE ADDRESS: The EU Commission’s review
of Phases I and II
• Overview of national allocations in Phase II
• Lessons learned from Phase I
• Future extensions and improvements
Johannes Enzmann, DG Environment, European Commission
9.40
Phase II allocations: the first six months
• Teething problems, how can we smooth the path in the future?
• New developments
• Early trends in EUA prices and trading activity
Miles Austin, Head of European Regulatory Affairs, EcoSecurities
10.15
Linkages to external markets
• Non-EU countries, including Norway, other regional schemes
(NZ, Australia, US)
• Market linkages: Price formation in the EU ETS – the global
carbon market and energy markets (gas, coal, power)
Anne-Franziska Sinner, Senior Consultant, Econ Pöyry
10.50 Morning break
11.20
PANEL DISCUSSION: Implementing Phase II – industry’s
perspective
• How the scheme is working in practice
• What is successful and what isn’t
• Experience of different industry sectors
Tony Rooke, Senior Consultant, Sustainability and Climate
Change, Logica
Andy Kelly, Business Development Manager, Centrica Energy
Dr Jean-Yves Caneill, EDF, France - invited
12.10
Carbon trading and the oil sector
• How do they interact?
• Interaction between oil prices and carbon prices
• Potential for generating project-based credits – e.g. from flaring
reductions
David Hone, Group Climate Change Advisor, Shell International
12.45 Chairman’s summary remark
12.50 Lunch
2.10
PANEL DISCUSSION: Potential for using JI and
CDM credits in the EU ETS
• Recent developments in the JI and CDM markets
• CER prices vs EUA prices
• Likely volumes of project-based credits to be used in the ETS
Clemens Heuttner, Camdex
Jan Paul van Aken, Project Advisor, Carbon Credits, SenterNovem
James Graham, Director, Commercial Division, Camco International
3.00
Legal and regulatory issues for Phase II
• Legal and regulatory impacts on Phase II pricing
• Addressing the lack of standard documentation for EUA –
CER swaps
• Preparing for Phase III
Anthony Hobley, Partner and Head of Climate Change, Norton Rose
3.40 Afternoon break
4.10
CASE STUDY: ‘Opting in’ to Phase II, the first six months’
experiences
• Other sectors beyond the core five that all countries
currently include
• What movements have there been in this area?
Philippe Rosier, President, Orbeo
4.40
Eastern European states in the EU ETS
• How new member states are engaging with the scheme
• Impact on trading and supply of allowances
• Potential for JI projects in Eastern Europe
Tomas Chmelik, Policy and Market Analysis,
Environmental Products, CEZ
5.15 Chairman’s closing remarks
5.25 Close of day one, followed by evening networking drinks
reception
DAY TWO: Tuesday 8 July
8.30 Registration
9.00 Chairman’s welcome address and opening remarks
Michael Wriglesworth, Senior Advisor, Climate Change,
Centre for European Policy Studies
9.10
EU ETS review, evolution of the scheme beyond 2012
• Looking towards Phase III
• Plans for introducing more gases and more industry sectors
• Phase III and the prospects for a global carbon market.
Peter Zapfel, Coordinator for Carbon Markets and Energy,
DG Environment, European Commission
9.40
Verification, compliance and strategic issues
• Lessons from the latest monitoring and reporting period
• Common problems in measuring and monitoring emissions
Robert Dornau, Director of Climate Change Programme, SGS
10.15
The spot market – coming of age?
• Will Phase II see strong growth in this market?
• What factors will influence spot trading (weather,
fuel prices etc)?
Sascha Bloemhoff, Commercial Director, Climex
10.50 Morning coffee break
11.20
CASE STUDY: Fuel switching
• Examining the interaction of electricity, coal, gas and
carbon prices
• What carbon price is needed to trigger significant
fuel switching?
• Contrasting generators’ behaviour in Phase I and Phase II
Katrin Fuhrmann, Energy Analyst, Fortis Bank
11.50
PANEL DISCUSSION: Risk management
• Exchange-traded vs OTC hedging contracts
• How trading strategies have evolved
• The role of hedge funds in the EU ETS – what do they
bring to the market?
Gavin Tait, Head of Emissions Trading, ABN AMRO
Two further panellists to be confirmed
12.40 Chairman’s summary remarks
12.50 Lunch
2.10
CASE STUDY: Aviation in the EU ETS
• Expected entry of airlines into the EU ETS in 2011
• How the sector is preparing for this
• Likely impact on EU Allowance prices
Udeke Huiskamp, Energy Capital Markets, Deloitte Financial Advisory Services
2.40
CASE STUDY: Impact of the scheme on electricity prices
• Cap on carbon emissions, significance in the face of rising
electricity prices
• How will the power sector respond to tighter emission caps
in Phase II?
• Changes in approach for Phase III
Dr Bill Kyte OBE, Advisor, Climate Change, Eon-UK
3.10 Afternoon break
3.40
EU ETS and global trading trends
• EU and non-EU trading programmes
• Challenges and opportunities in linking with the EU ETS
Michaela Beltracchi, European Policy Co-ordinator,
IETA
4.15
PANEL DISCUSSION: Phase III – preparing for further
expansion
• What’s next after aviation?
• Prospect for greater harmonisation
• Scope for shipping and road transport to be covered?
• The case for including forestry credits in the EU ETS
David Hone, Group Climate Change Advisor, Shell International
Michael Wriglesworth, Senior Advisor, Climate Change,
Centre for European Policy Studies
Greg Janetos, Head of Carbon Programme, Sustainable Forestry Management
5.05 Chairman’s closing remarks
5.15 Close of conference
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