The Lisbon Energy Summit has announced a speaker line-up consisting of key global energy community influencers and disrupters. Providing a programme filled with C-level participants from companies including GALP, EDP, EasyJet, Octopus Energy, LNEG & Tellurian, attendees will hear from genuine decision makers, delivering insights on balancing energy security and achieving net zero ambitions, the decarbonisation of existing energy systems and investing in new renewable energy sources.
Some of the key speakers participating at the 3-day conference describe the challenges and opportunities they are currently facing surrounding the path to net-zero, and explain what delegates can expect to learn when they speak as part of the programmes agenda.
A chat with one of the Speakers, Biraj Borkhataria: Head of European Energy Research, RBC Capital Markets
1. We are clearly in a vital period for the energy industry so much so that the term ‘poly-crisis’ has been regularly used. What do you believe is the key challenge for the industry and the transition towards a green future?
The key challenge for industries in Europe is to remain competitive over the longer term with other regions, while still acknowledging the climate pledges made by many Governments on the continent. Balancing these competing forces will require stable fiscal frameworks and the right incentives to push corporates, consumers and other stakeholders in the right direction.
2. Portugal was among the first countries in the world to set 2050 carbon neutrality goals and is a global leader on the path to achieving targets. How do you feel other nations can successfully follow in Portugal’s footsteps going forwards?
It is early stages in Portugal’s journey to net zero, but a thriving renewables with many incumbents and generally pro-business environment set it up well for success.
3. Is regulation the biggest barrier in promoting new business models developing for renewable energy development and where do you believe greater cross border regulatory uniformity could help drive innovation in business models?
We are currently in the midst of a beauty parade for Government subsidies across multiple regions, as many attempt to attract investment for low carbon energy and infrastructure. A consistent and stable regulatory environment will be need to drive capital investment and help re-build Europe’s energy system.
4. Lastly, we are delighted that you are on board as a speaker and looking forward to hearing from you in Lisbon. What are the key points that you will be discussing as part of your session and what are you personally looking to gain from the event?
I run RBC’s energy research franchise in Europe and as a team we cover the Global Integrated Energy Majors, alongside key energy transition related themes such as renewable fuels, hydrogen and carbon capture. I also oversee RBC’s European gas and LNG research product, and have written several notes on the Energy Trilemma – the balance between de-carbonization, energy security and costs, which I would expect to be a recurring theme for the Lisbon Energy Summit.
Biraj joined RBC’s energy research team in 2013 and is currently Head of European Energy Research, covering the large cap integrated energy companies while also leading RBC’s coverage on European Natural Gas and Global LNG. He has published a number of reports on the energy transition and the energy trilemma. Biraj studied mathematics with economics at University College London and is a CFA charterholder.