Gemeinschaftshaus der Nordischen Botschaften BerlinOctober 25, 2018

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22nd German Norwegian Energy ForumWhere is the Next Revolution coming from?

2 Where is the Next Revolution coming from?

Editorial

While natural gas will continue to be an important source of energy for the time being, renewable energy is already playing a larger role in our economies. Both Norway and Germany are providing innovative solutions to the renewable sector. «Where is the next revolution co-ming from?» is the title of the 22nd German Norwegian Energy Forum, which emphasizes that changes need to occur within politics, society and technology.

Current and future German Norwegian cooperation is important for reaching climate targets, and there are good examples of sectors with a promising future. Norway has a leading role within electrifica-

tion, not only in the power sector but especially in the transportation sector. Norway has a strong position in e-mobility and autonomous transport. As maritime nation, the mariti-me transport is undertaking a green shift with hydrogen, LNG and other energy efficient measures. The Norwegian offshore industry is looking to the ocean to harvest the offshore wind energy. Norway is in the lead of finding solutions for global challenges.

From the very beginning of the German Norwegian Energy Forum, our mission has been to connect representatives from politics, science, institutions and businesses.

German and Norwegian energy experts are committed to driving, impacting and influencing positive changes in this field, aiming to ensure access to affordable, reliable and sustainable energy regardless of country or region.

Innovation Norway and the Norwegian Embassy in Berlin, with actors from both Nor-way and Germany, will continue the work on creating a bilateral business network. The common goal is to strengthen the German Norwegian Energy Partnership and ensure a sustainable and secure energy supply in Europe.

Gerda Geyer Project Leader German Norwegian Energy Forum, Innovation Norway

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Programme Chair: Gerda Geyer, Innovation NorwayModerator: Samuel Stähle

12:00 Registration, Refreshments and Finger Food

12:30 Welcome Gerda Geyer, Senior Advisor Energy Markets, Innovation Norway Opening Address Presenting the Conclusions of the 2nd Executive Roundtable Petter Ølberg, Norwegian Ambassador to Germany Norwegian Energy Policy in Times of Decarbonisation Ingvil Smines Tybring-Gjedde, State Secretary, Norwegian of Ministry of Petroleum

and Energy Equinor´s Strategy to become a Broad Energy Company TorMartinAnfinnsen,SeniorVicePresident,MMPMarketing&Trading,Equinor Decarbonisation of Economies through Sector Coupling and Power-to-X Dr.VolkmarPflug,VicePresidentEnergyConsulting.SiemensAG,PowerandGasDivision Commission on Growth, Structural Change and Employment Dr. Stephan Krieger, Director International Relations, German Association of Energy and

Water Industries

Q&A with www.sli.do

14:00 Coffee Break

14:30 Key Elements for a Secure, Affordable and Integrated Energy System - When will Storage become a Business? Dr.AndreasSchröter,ExecutiveVicePresident,DNVGL–Energy

- Subsidy free Renewables: Hopes, Tales and the Truth Stefan Göbel, Managing Director, Statkraft Markets GmbH

- E-mobility contributing to Flexible Energy Systems PaalChristianMyhre,Co-Founder&CEOMeshcrafts

- HydrogenonitsWay–Norway´sandGermany’sRoadmap Jan Kjetil Paulsen, Senior Advisor, Bellona Foundation JanWegener,ProgramManagerEuropa,NOWGmbH

Discussion: When will we be a Smart and Sustainable Society?

16:00 Coffee Break

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Programme

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16:30 The Green Shift in Norway and the Role of Research and Innovation Rebekka Borsch, State Secretary, Norwegian Ministry of Education and Research

16:50 What are the Future Requirements of an Integrated European Electricity Market? -AScientificViewonVolatility,PricesLevelandCO2Emissions Prof.Dr.KonstantinLenz,UniversityofAppliedScience,Erfurt

-ThePoweroftheExchange–StayingFlexiblefortheFuture KariEkelundThørud,CEO,NordPool

- Changes in the 2018 European Power Market BengtP.Longva,SeniorAnalyst,StormGeo

Discussion: Is the Electricity Market prepared for Changes?

17:50 Closing Remarks by Gerda Geyer, Senior Advisor, Innovation Norway

18:00 Reception and Buffet Dinner hosted by Petter Ølberg, Norwegian Ambassador to Germany

The conference will be held in English

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Speakers

Ingvil Smines Tybring-GjeddeState Secretary, Norwegian of Ministry of Petroleum and Energy

Ingvil Smines Tybring-Gjedde was appointed Deputy Minister in the Nor-wegian Ministry of Petroleum and Energy on December 16th 2015. She is a representative of the Norwegian Progress Party (FrP) and has been deputy organizational leader of Oslo FrP. Ingvil Smines Tybring-Gjedde came from the position as Project Manager at Innovation Norway. Previously, she has worked as a Senior Adviser in the Norwegian Ministry of Foreign Affairs, and with oil and gas in management positions at Innovation Norway and The Norwegian School of Management.

Frode LeversundSenior Vice President, MMP Marketing & Trading, Equinor

Tor Martin Anfinnsen joined Equinor in 1991 and has for the past twenty years worked in various senior management positions in downstream marketing and trading within Oil and Gas. He assumed his current position as Senior Vice President on June 1st 2015. From 2009, Tor Martin Anfinnsen was Senior Vice President Oil Trading and Supply. Prior to this he worked from 1994 until 2009 in numerous senior management positions in Natural Gas. His last role in Na-tural Gas was as Senior Vice President of Trading & Operations. Before joining Equinor, He worked for Mobil Exploration Norway and in the financial services industry. Tor Martin Anfinnsen holds a Business degree, with honours, from Heriot Watt University, in Scotland.

Dr. Volkmar PflugVice President Energy Consulting, Siemens AG Power and Gas Division

Volkmar Pflug is Vice President Energy Consulting of Siemens Power and Gas. He is advising governments and utilities on future energy setup across all power generation technologies to provide affordable, reliable and sustaina-ble energy. A special focus has emerged on sector coupling and Power-to-X technologies, which are considered as important levers to decarbonize econo-mies. Before, Volkmar Pflug had various management positions in the power generation business and for strategic development of Asia region. He holds an MSc degree for physics and a PhD in computer science.

Dr. Stephan KriegerDirector International Relations, German Association of Energy and Water Industries

Dr. Stephan Krieger has been Director International Relations with BDEW, the German association for electricity, gas and water since its foundation in 2007. Before, he worked for the former electricity association VDEW in leading posi-tions with a focus on European energy policy matters.

Dr. Andreas SchröterExecutive Vice President & Regional Manager, DNV GL – Energy

Andreas Schröter has been appointed as Executive Vice President Advisory Central Europe & Mediterranean as of 1st February 2015 being responsible for all renewable and traditional energy advisory services. Before joining GL in 2011, he had spent more than 15 years in the telecommunications industry working for Siemens, Nokia Siemens Networks and Rohde & Schwarz where he held a variety of engineering, sales, service, management and country CEO positions. During his various assignments, he gained experience in managing growth and international expansion as well as restructuring.

Stefan-Jörg GöbelSenior Vice President Wind & Solar Continental, Statkraft Markets GmbH

Stefan-Jörg Göbel is Senior Vice President Wind & Solar Continental and thus heading Statkraft́ s activities to become a leading renewable developer by 2025 in continental Europe. Between 2002 and 2018 he held various leader-ship positions with Norway’s largest power company. For some 10, years he led Statkraft́ s Trading & Origination activities in Continental Europe and built up its German market access business to market leadership. His regional focus was Germany, the UK and South-East Europe. Until November 2001, Stefan-Jörg Göbel worked for Enron in Frankfurt and London in origination and mid-market. He started his career with the consultancy Simon Kucher & Partners, advising energy companies, working in Bonn and Vienna from 1997 to 2000. Stefan-Jörg Göbel holds a diploma in Industrial Engineering and Management from the University of Karlsruhe.

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Speakers

Paal Christian MyhreCo-Founder & CEO Meshcrafts

Paal Christian Myhre has been the CEO of Meshcrafts since 2017. He holds an MBA in Strategy from Norwegian Business School (BI) in Oslo. He has had several management positions in the Norwegian car industry. As a former petrol-head, he firmly believes the future is electric. Meshcrafts will contribu-te to the development of e-mobility by developing solutions to the challenges with charging.

Jan Kjetil PaulsenSenior advisor, Bellona Foundation

Jan Kjetil Paulsen works with international and short-sea shipping, focusing on new technology and operational practices for reducing emissions and pollution from ships. He is also representing Bellona’s membership in inter-national organizations developing framework and regulations for the shipping industry. He holds an MSc. degree in ship technology and has previous experi-ence from technology and business development from both marine technolo-gy and land-based industries

Jan WegenerNOW GmbH, Program Manager Europa

Before joining NOW, Jan Wegener worked for an international consultancy active in the field of hydrogen, battery technology and electric mobility as well as renewable energies and transport policies not related to alternative fuels. His academic background is also based in the regulatory field. He obtained a Franco-German double degree in Public administration and European Governance focusing on policy analysis and quantitative methods. Stations of his academic career were Berlin, Lyon, Constance and Grenoble. During this time, he worked for several consultancies covering energy and transport policies as well as in development and journalism in Brussels, Berlin and Frankfurt.

Rebekka BorschState Secretary to the Minister of Research and Higher Education – Norway

Borsch was appointed State Secretary to the Minister of Research and Higher Education Iselin Nybø in January 2018. Borsch represents the Liberal Party (Venstre), where she also is member of the Liberal Party‘s National Board and chairs the party‘s International Committee. Borsch holds a degree in journalism and political science from Freie Univer- sität Berlin. She has a professional background from the Norwegian Environ-ment Agency.

Prof. Dr. Konstantin LenzUniversity of Applied Science, Erfurt

Konstantin Lenz is Professor for energy economics at the University of Applied Sciences in Erfurt specialised in the long-term development of the German power market, trading and risk management. As Country Manager Germany at NASDAQ Commodities he was responsible for the development of NASDAQ’s wind index futures and the underlying index for the German power market. He started his career in the liberalised energy markets at Electrabel. As head of the German analysis of the Norwegian Markedskraft group, he built up the German operations and developed models and market analysis. Later on, he took over the position of a director of portfolio management and trading at Kom-Solution. Afterwards, he worked as independent consultant on different projects in the German power market.

Kari Ekelund ThørudCEO, Nord Pool

Kari Ekelund Thørud joined Nord Pool earlier this year, having served as Deputy CEO and Senior Vice President Markets at Norwegian power company Hafslund ASA. She brings to Nord Pool extensive experience from the energy business, most recently having been responsible for the transformation of Hafslund from a Norwegian electricity sales organisation to the leading Nordic power retailer. In addition, she has served on, among others, the Board of Directors at Energi Norge AS and Energy Future Invest AS. Coming from a fully commercial background, Kari is looking forward to the challenge of directing Europe’s leading power market in an era of increased international competition.

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Speakers

Bengt P. LongvaSenior Analyst, StormGeo

Bengt P. Longva has been employed in NENA since January 1998 and have been part of the analysis team analysing mainly power markets. He has experience as Portfolio Manager in the Nordic power market and from a research body connected to the Norwegian Business School.

Gerda GeyerSenior Advisor, Innovation Norway

Educated as economist with focus on international marketing and business development, Gerda Geyer has started her career in marketing of software. She worked for State of North Carolina promoting export of US companies to the European markets. At Innovation Norway, she is advising and guiding Norwegian companies in their internationalisation plans. Since 2011, her focus has been the energy sector identifying business opportunities and supporting commercialisation of energy related products and services.

Samuel StähleVP & Regional Manager, Wirepas

Samuel Stähle holds a Master of Engineering in Computer Science. He started his career with Siemens Energy Automation and became Business Develop-ment Manager Smart Metering at Siemens Smart Grid Application. Further stations were Sales Director at General Electric and Trilliant. He was country manager for the Norwegian Company eSmart Systems, and today he works as VP and Regional Manager at Wirepas. Samuel Stähle holds 7 Smart Energy related industry patents.

Agder Energi Vannkraft AS Robert PalmeAlloyance Arne Borg PedersenAquila Capital Doreen MallonAquila Capital Tor SyverudArendals Fossekompani Torkil MogstadArgus Media Chloe JardineAurora Energy Research Johanna SchieleAurora Energy Research Alexander EsserAutronica F&S Christian WoldAVU Aktiengesellschaft für Versorgungs-Unternehmen Uwe TrärisAxpo Solutions AG Olaf StehrBDEW Bundesverband der Energie- und Wasserwirtschaft Christian BantleBDEW Bundesverband der Energie- und Wasserwirtschaft Dr. Anke TuschekBDEW Bundesverband der Energie- und Wasserwirtschaft Dr. Stephan KriegerBelgische Botschaft Christine DetailleBellona Foundation Jan Kjetil PaulsenBischoff & Ditze Energy GmbH & Co. KG Malte MertensBloomberg Brian ParkinBündnis 90/ Die Grünen Axel W. SauerteigBurma Project Berlin Khin MaungYinBurson-Marsteller GmbH Marco LietzBusinessPortal Norwegen Jutta FalknerBVEG e.V. Ludwig MöhringBVES Valeska GottkeBVMW e.V. - German Association for Small and Medium-sized Businesses Urs UnkaufCebyc AS/Cebyc GmbH Øyvind LudvigsenCircle Storage GmbH Gunnar WredeCore52 as Per BjorstadCovestro Frank HoltrupD.CT Deutsche Cleantech Volkmar HellmichD.CT Deutsche Cleantech Hartmut BetkeDEA Deutsche Erdoel AG Uwe-Stephan LagiesDEA Deutsche Erdoel AG Dirk WarzechaDEA Deutsche Erdoel AG Dr. Olaf Magerdena Barbara SchroederDeutsche Energiesysteme GmbH - ælectra Leo DocterDeutscher Sparkassen- und Giroverband Astrid BesteDIW Berlin Yujie HUDNV GL Erik DugstadDNV GL – Energy Dr. Andreas SchröterDutch Embassy Anneloes ViveenE.ON Climate & Renewables Services Holger Matthiesen

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Participants

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Ebc Hochschule Merethe TeianEBC Hochschule Kristin FageråsEltek AS Viktor Sokolove-mobil BW GmbH Stefan Bücheleenercity AG Matthias Kittlerenergate Karsten WiedemannEnergyNest Christian Thielenervis energy advisors GmbH Werner KleinEnmacc GmbH Jens HartmannEnmacc GmbH Volker PuckEntelios AG Jan ZachariasEquinor Ingrid StorakerEquinor Tor Martin AnfinnsenEquinor Deutschland GmbH Nina ScholzEquinor Deutschland GmbH Olav SkalmeraasEquinor Storage Deutschland Michael MollenhauerErste Lesung GmbH Jonas Rex-QuinckeESCP Europe Otto Vik MathisenEuropean Energy Exchange AG Robert GersdorfEXAA - Energy Exchange Austria Ronald GjurkowitschFederal Foreign Office Germany Markus LeickFederation of German Industries Philipp NießenFichtner Management Consulting AG Sabine SiebaldFLIX HOUSE UG Marius JastForeign Council On Economic Relations Maximilian HoffmannFU Berlin Fucsia CreaGASAG Dr. Gerhard HoltmeierGEPA Group Frank RadtkeGePe Geoservice, Geopartner Group Katarzyna MarksGerman Norwegian Chamber of Commerce Hanne Marit Grønning StrandGlobal Growth Business Platform Omarova PatimatGO2-marekts GmbH Paul PetereitGO2-markets GmbH Jennifer RosnerGreenlake OÜ Sri SridharanHELL-GRÜN Energie UG Helge GlawischnigHill+Knowlton Strategies GmbH Federico PermuttiHochschule Flensburg Klaus RaveHydro Katherine FogHydrogenPro Hans Jörg FellInnogy SE Eduardo PoschInnovation Norway Tim GengeInnovation Norway Robin Gaarder Reese

Participants

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Innovation Norway Manuel KlieseInnovation Norway Gerda GeyerInnovation Norway Martin NietzInnovation Norway Kristin ZwezINPACS Christine RufInstitute of Climate Protection, Energy and Mobility (IKEM) Irina StamoJohanssen + Kretschmer Strategsiche Kommunikation GmbH Maria RiebJohanssen + Kretschmer Strategsiche Kommunikation GmbH Timo BoviJournalist Petter Haakon PetterssonJournalist Astrid Fischerkallan Rechtsanwaltsgesellschaft mbH Gregor SuchanKanzlei EPH Eberhard Philipp HeckKlimaExpo.NRW Heinrich DornbuschKONGSTEIN AS Erik PietschKöttker Kommunikation Fabian HoppeLEAG Christian SchwiederLyse AS Ove JølboMarquard & Bahls AG Katja FreitagMeshcrafts Paal Christian MyhreMeteomatics Hilvi PetterssonMGF-Development Turgay Mardinmgm consulting partners GmbH Tim Bodenstabmgm consulting partners gmbh Christian von Hammersteinmgm consulting partners GmbH Florian UmbreitMontel Nora Kamprath BuliNasdaq Anja WeissnatGAS AG Michael PorrnatGAS AG Armin Fleignavos Robert SchulzN-ERGIE Aktiengesellschaft Stefan MullNetze BW Eric AhlersNord Pool Pietro RabassiNord Pool Stina JohansenNord Pool Kari Ekelund ThørudNORSK-TYSK Handel og Bemanning AS André BarnaNorsk-Tysk Willy-Brandt-stiftelse Axel BergNorwegian Embassy Petter ØlbergNorwegian Embassy Tobias SvennigsenNorwegian Energy Partners Lars EngelmannNorwegian Foreign Affairs Tonje LieNorwegian Ministry of Education and Research Rebekka BorschNorwegian of Ministry of Petroleum and Energy Ingvil Smines Tybring-Gjedde

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Norwegian-German Willy Brandt Foundation Steve HofmannNOW GmbH Jan WegenerONTRAS Gastransport GmbH Ina AdlerOWEC Tower Laurent-Baudoin KramerPavisus AS Sverre LindtvedtPotsdam University Fabiano LeverPowel AG Klaus KiskeRenewables Grid Initiative e.V. Antonella BattagliniRWE Supply & Trading GmbH Carsten ThieleSGS Holding Deutschland B.V. & Co.KG Stefan SteinhardtShanghai Ciry Julian ZhengSiemens AG, Power and Gas Division Dr. Volkmar PflugSilpion IT-Solutions GmbH Oliver HammersteinSilpion IT-Solutions GmbH Martin ZielinskiSmart Innovation Norway Dr. Christian KunzeStatkraft Markets GmbH Stefan GöbelStatkraft Markets GmbH Claudia GellertStiftung Arbeit und Umwelt der IG BCE Stephan HoareStormGeo Arve Dahl NielsenStormGeo Bengt P. LongvaSunCrafter Randi HjartåkerTechnical University Berlin Dr. Paul SehgalTenneT Markus NalepinskiTHEMA Consulting Group Theodor BorscheTRETTIN Rechtsanwaltskanzlei Dirk TrettinTU Darmstadt Niklas WulffUniversity of Applied Science Erfurt Prof. Dr. Konstantin LenzUniversity of Potsdam Matthias DornfeldtUniversity of Stavanger Mohsen AssadiVattenfall Europe Innovation GmbH Oliver WeinmannVC/O GmbH (Viessmann Group) Kathrin StumpeVDMA Power Systems Gerd KriegerVi-Strategie GmbH Rainer OttoVNG Handel & Vertrieb GmbH Ulf HeitmüllerVNG Handel & Vertrieb GmbH Konstantin von OldenburgVNG Handel & Vertrieb GmbH Miriam LehmannWacker Chemie Christian EssersWattsight AS Lutz BertramWintershall / navos Aline BaurWintershall Holding GmbH Ludger RadermacherZeppelin Foundation Friedrichshafen Andreas Brand

Participants

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In cooperation and with kind support of:

Organizedby Innovation Norway Caffamacherreihe 5 D-20355 Hamburg www.innovationnorway.no

Contact: Gerda Geyer Senior Advisor Energy Markets Telephone: (+49) 40 22 94 15 58 Gerda.geyer@innovationnorway.no