IDC Energy Insights analyst, Gaia Gallotti at Smart Utilities Scandinavia, 20 - 21 March, Copenhagen

Framingham, (PresseBox) - As the 2012 holder of the EU presidency, Denmark has unveiled its ambitious plans of raising the CO2-reduction target from 20 to 40 per cent by 2020, with the aim of complete phasing out of all fossil fuel use by 2050. It's neighbors have also taken active steps towards decarbonisation, with electrification of heat already widespread in Sweden and Norway's high level of hydropower to be utilised as a backup capacity for intermittent renewables.

For a successful transition to smart energy the region has a few key issues to address:

- District heating and electric vehicles should reduce domestic consumption of fossil fuels by 80%
- Electricity is generated at household level, which will give rise to VPPs and new-age smart domestic appliances
- Onshore and offshore wind farms are the cornerstone to meet EU decarburization targets
- Liberalised electricity markets ask for new business models and regulatory frameworks

In the opening keynote of Smart Utilities Scandinavia, Anders Stouge, VP of Danish Energy Association, will present on the Danish energy roadmap and its economic and environmental impact. IDC Energy Insights will discuss the findings of ongoing research on Electric Vehicles: Are Plug-in Electric Vehicles Finally Becoming a Reality? During the presentation, Gaia Gallotti, Senior Research Analyst, EMEA, IDC Energy Insights will share:

- Pilot Initiatives Carried Out By European Utilities
- Evolving Customers & PEVs
- PEV / PHEV Rollout Forecast
- Business Models Under Evaluation

Per-Olaf Granstrom, Secretary General, EDSO for Smart Grids will expand on smart grid developments in Europe, with an emphasis on the Nordic region; the ensuing panel will debate on the key features of the region's energy matrix and market mechanisms and will be led by European Commission EURELECTRIC, Swedish Energy Markets Inspectorate, and BKK Nett, to name a few.

The aim of the conference is to explore the full potential of the multi-billion euro smart energy sector, where progressive utilities, new market entrants and cutting-edge technologies are opening up unparalleled commercial opportunities for savvy players in this highly dynamic space. To achieve this, market mechanisms need to be put in place to encourage growth and commercialisation of the sector while not exposing it to unnecessary risks.

View the full conference programme here

Event dates and location: 20 - 21 March, 2012, Copenhagen, Denmark

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