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Industry Advisory Panel holds its last session of 2018 in Bucharest

On 27 November 2018 the Energy Charter Industry Advisory Panel (IAP) held its 41st meeting in Bucharest, Romania. The meeting was hosted by Transgaz and the Romanian Energy Center. The IAP Bucharest session was well attended by representatives of energy companies, associations, international organisations, and financial institutions.

The main theme of the event was:

“Improving energy security and developing cross-border energy systems. The role of innovation and new technologies”

The participants discussed current challenges and opportunities for energy security namely: the role of emerging technologies and innovation in enhancing energy security, increasing role of digitalisation and the threat of cyber-security, accelerating energy transition and sector coupling. The participants also focused on issues such as the removal of institutional and regulatory barriers to innovation and the importance of investment in innovative projects that will transform the use and supply of energy in the decades to come.

The IAP meeting was followed by the Statutory Session of the Energy Charter Conference during which the IAP Chairman presented the annual report of the Panel after successful year of 2018. 

The Industry Advisory Panel is the expert consultative body to the Energy Charter Conference, providing policy advice from energy companies, international business associations and financial institutions on energy investment and the functioning of energy markets. The Panel includes members from all sectors of the energy industry and from a wide range of signatory and observer countries to the Energy Charter Treaty.