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4th Renewable Energy Finance Forum China (REFF-China)
Ritz Carlton, Beijing
Day 1 - Tuesday, 12 May 2009
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07:30 |
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Registration and exhibition opens
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08:30 |
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Welcome and opening remarks
Vered Tsedaka, Conference Manager, Euromoney Energy Events |
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0845-1000: Session 1A - Opening policy keynotes
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Chair |
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Li Junfeng, Secretary General, Chinese Renewable Energy Industries association (CREIA)
Chairman’s opening remarks:
The challenges the renewable industry in China faces amid a tougher economic climate• How can China continue to bolster the domestic growth of renewable energy capacity? • The roadmap ahead – Future renewable energy policies in China and the negotiations towards a new climate deal Li Junfeng, Secretary General, Chinese Renewable Energy Industries association (CREIA)
The foundation of the National Energy Administration – an outlook on China’s energy requirements
• The thought process driving structural change
• China’s energy markets and the goals for renewables in the energy mix
• Overview of the NEA’s scope for decision making
Liang Zhipeng, Division Chief, National Energy Bureau, National Development and Reform Commission
China’s role in the international renewable energy markets
• The appetite for renewable energy in key markets
• The role of technology in the relationship between European and Chinese markets
Prof. Arthouros Zervos, President, European Renewable Energy Council and Chairman, and Chairman, Global Wind Energy Council
The outlook for policy changes in China’s renewable energy markets
Gao Hu, Deputy Director, Centre for Renewable Energy Development, National Development and Reform Commission
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1000-1100: Session 1B - Opening finance keynotes: The impact of the economic downturn on China's renewable energy markets
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10:00 |
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A SPECIAL FOCUS:
In recent years the strengthening of the domestic manufacturing and service sectors sectors has been coupled with China’s buoyant economic growth. At present, questions are being raised on how China’s economy will be affected by the global economic downturn and the impact it will have on manufacturing in key sectors.
The session will examine how the Chinese economy is geared towards the changes to come, and how this will affect domestic growth in manufacturing, with a particular focus on technologies in the cleantech sectors.
Opening keynote:
The long term impacts of the economic downturn on China’s energy markets
• An outlook on infrastructure development, manufacturing and investment in new technologies
Dr Feng Fei, Director-General, Department of Industrial Economics Research, Development Research Centre, China State Council*
Seismic shifts in the global economy
• What is happening to supply and demand, and what are the ripple effects across major markets?
• How exposed is China’s economy to the global downturn?
Dr Stephen Green, Head of Research – China, Standard Chartered Bank
Is the current level of manufacturing in China sustainable?
• Can domestic growth provide enough purchasing power for china’s renewable energy markets?
Chris Greenwood, Head of Research, New Energy Finance Establishment of Clean-Tech Industrial Investment Funds and Development of Innovative Financial Instruments During the Global Economic Crisis
Ms. Sun Jue, Senior Program Officer, United Nations Industrial Development Organization ITPO-China
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11:00 |
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Networking refreshment break
Sponsored by Rabobank |
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1130-1245: Session 2 - Debt and project finance
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11:30 |
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Chair: Alejandro Perez, Senior Investment Officer, Infrastructure, East Asia and the Pacific Region, IFC
This session looks at advances in the markets of debt and equity finance for renewable energy projects in China from the viewpoints of lenders and developers
Key topics:
• Project finance structures in China- the view of domestic banks
• Challenges facing China’s power industry and impact on growth of renewable energy
• What is the availability of debt for renewable energy projects?
• Leveraging on renewable energy financing in Europe and south Asia for engagement in China
Speakers:
Jotdeep Singh, Head of Renewable Energy and Carbon credit Asia, Rabobank
Joseph Jacobelli, Group Director – Carbon Ventures, CLP Group
Dr Alex Westlake, Founder and Managing Director, Clear World Energy
Wang Xiaocong, General Manager, Power Finance Division, China Minsheng Banking corporation (CMBC)
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1400-1530: Session 3 - Solar energy
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14:00 |
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As gradual easing of bottlenecks in the solar PV supply chain contributes to lowering the cost of technology, investors are displaying increased interest in output demand
The session will explore both the emerging markets for solar installations and the strengths of manufacturers in increasingly competitive landscape.
The government’s view on the path towards solar installations in China
Wu Dacheng, Director , NDRC/ GEF/ The World Bank China Renewable Energy Development Project (REDP)
East Asian solar manufacturing from an equity analysis perspective – Who will maintain a competitive edge?
• The solar PV supply chain – How has the market changed and who is likely to maintain a strong position?
• The relative strengths of the thin-film solar industry in Japan, Korea, Taiwan and China – Who will form a competitive lead?
Sunil Gupta, Head of Cleantech/ Technology, Morgan Stanley
Supportive policies for solar installations – Analysis of the European market and indications for the US market
Frank Haugwitz, EU renewable Energy Manager, EU-China Energy and Environment Programme
The industry’s perspective:
Wang Gang, General Manager, Yingli Energy Beijing Co, Ltd
Qian Zhao, Managing Partner, CXC Capital and Independent Director, Trina Solar
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15:30 |
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Networking refreshment break
Sponsored by Rabobank |
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1600-1730: Session 4 - Wind power
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Chair |
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Qin Haiyan, Secretary General, Chinese Wind Energy Association
The session will feature the perspectives of manufacturers and project developers on the evolution of the domestic wind market.
Key questions to be discussed include the changes brought by the growth in domestic manufacturing, the advancement of offshore installations, and the links between policy frameworks and the project development landscape.
State of the wind industry in china – Patterns of growth
• How is the wind turbine manufacturing landscape in China changing?
• Challenges in entering the Chinese wind energy market from an international manufacturer’s point of view
Paulo Fernando Soares, Chief Executive Officer, Suzlon China
Turbine procurement in a changing market – The view of a project developer
• The lack of standardisation in wind turbine contracting
• Changes in the market and the emergence of domestic turbine manufacturers
• What will buyers seek to obtain in contracting terms?
Richard Loh, Head of Commercial Operations, Wind Prospect China
Growth prospects for the domestic wind market under the current policy climate
• Can the domestic installations market sustain the growth of recent years?
• Exports for Chinese-manufactured wind turbines – Where are we now?
Sebastian Meyer, Director, research and Advisory, China, Econcern
Offshore wind farm development in China
• The scale of the opportunity – Locations, resources, technology
• Status of offshore wind development
• Risks and mitigation
Ian Irvine, Co-founder and Technical Director, SgurrEnergy
Panel members:
Jimmy Shih, Director of WindPower Business Development, AES
Zhang Dingjin, Chairman, China Composites Group Corp
Yu Danke, Chief Financial Officer, Goldwind
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17:30 |
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Networking drinks reception
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Day 2 - Wednesday, 13 May 2009
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08:00 |
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Registration and exhibition opens
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08:30 |
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Welcome and opening remarks
Vered Tsedaka, Conference Manager, Euromoney Energy Events |
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0845-1000: Session 5 - Keynote climate change session
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Chair |
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Wu Changhua, Greater China Director, The Climate Group
As the global community approaches the negotiations towards a new climate pact, key questions are being raised about the scope of involvement on the part of different nations, and the financial mechanisms that will ultimately result in pricing carbon appropriately.
The session will examine core debates with respect to existing mechanisms, and look at how the value of carbon is being embedded into financial instruments.
Chair opening remarks:
Between Poznan and Copenhagen – What are the main issues being debated?
• The evolution of carbon as a financial instrument
Wu Changhua, Greater China Director, The Climate Group
China’s key expectations and priorities when participating in global climate change discussions
Li Liyan, Deputy Director, Department of Climate Change, National Development and Reform Commission
What is the gap between existing mechanisms and true abatement?
• A portfolio management perspective on carbon as a holding asset class
• Trading outlook and analysis – How is the volatility of carbon pricing being handled by investors?
Marco Terruzzin, Director of Carbon Markets – China, Evolution Markets
Approaches to developing carbon monetisation vehicles
• Challenges in capitalising the value of carbon into debt financing instruments
• The development of carbon backed instruments beyond spot EUA/CER sales and forward contracts
Sudhir Bhat, Director Project Finance, First Climate Group
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10:00 |
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Networking refreshment break
Sponsored by Rabobank |
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1030-1200: Session 6 - The rise of private equity
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Chair |
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Chris Raczkowski, China Managing Director, Econcern
Recent years have demonstrated growth in both number and size of funds focusing on Chinese clean technologies. As public capital markets fluctuate, private equity and venture capital are placed in a unique position to invest.
The session will feature a representation of funds and explore their views on maintaining competitiveness and identifying promising sectors.
Session keynote:
The makings of a promising technology – What qualities should a promising sector possess today?
The risk profile of greentech investments in China
• How are the risks faced by VC investors in China different to the traditional VC model?
• What is the potential to add value in established technologies?
Gaël de Barmon, President, Natixis Private Equity Asia
What is considered a viable opportunity in the present investment climate?
Qiu Liping, Founding partner and Director, Milestone Capital
Fresh sectors in the clean energy industry
• The prospects of commercialising novel environmentally friendly technologies
Andre Loesekrug-Pietri, Managing Partner, China Equity Links Partners
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1315-1445: Session 7 - Bioenergy and waste-to-energy
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Chair |
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Wang Mengjie, Secretary General, Rural Energy Industry Association
Commercialisation of new technologies and novel approaches to securing feedstock supply offer the opportunity to review the traditional business models for bioenergy projects.
The session will looks at fresh business models and the specific challenges that apply to such projects, with a particular focus on the waste-to-energy and biofuels sectors.
Policy drivers and funding requirements for biomass and energy from waste projects
Qin Shiping, Researcher, Centre for Renewable Energy Development, National Development and Reform Commission
Energy from waste projects – Critical success factors and pitfalls to avoid
• The business case study for energy from waste projects in china
• Project case study analysis
• Overturning the ‘China factor’ assumption – A comparison of projects in China and Ireland
Allard M. Nooy, President Asia Pacific, Covanta Energy
Novel approaches to overcoming the feedstock supply challenge
• Common challenges in locking in cellulosic feedstock supply
• The development of hybrid grass the long-term business model
• Target markets in China
Dr Carl Kukkonen, Chief Executive Officer, VIASPACE Inc.
Commercialising third generation biofuel technologies in the Chinese market
• Why seek a joint venture business model in China?
• Managing technology transfer to construct a commercial scale algae-to-biofuel pilot facility
• Planned output and potential revenue streams
Gordon LeBlanc Jr., Chief Executive Officer, PetroSun Inc.
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1445-1600: Session 8 - Industrial energy efficiency
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Chair |
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Calvin Q. Xu, Senior Operations Officer and China Utility-Based Energy Efficiency Programme Manager, IFC
China has highlighted its commitment to improving efficiency in industrial energy usage, and the sector is gradually developing to offer a new take on clean energy invesments.
The session will outline the work already done and offer insights on how energy efficiency can become a commercial financial opportunity.
Key topics:
• The experience of a domestic bank lending to a waste heat recovery project
• Project development case studies: Financial structure; project phases
• Analysis of the landscape and potential involvement for and international lender
Panel members:
Wu Tianxiao, Head of Investment, Sustainability, China Industrial Bank
Dr Yu Yuanqi, Chiarman, PhasCon Technologies co., Ltd.
Dr Oliver Behrend, Managing Direcotr, Mainsail Energy Ventures
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16:00 |
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Networking refreshment break
Sponsored by Rabobank |
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1615-1715: Session 9 - A crystal ball for chinese renewables
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Chair |
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Li Junfeng, Secretary General, Chinese Renewable Energy Industries Association (CREIA)
Panel participants will debate the key messages investors can expect on policy developments and suggest where they see opportunities emerging in the medium and long term.
Panel members:
Chris Raczkowski, China Managing Director, Econcern
Massimiliano Varrucciu, China Representative, EDF Trading LtdChris Greenwood, Head of Research, New Energy FinanceGaël de Barmon, President, Natixis Private Equity Asia
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