At METLEN we are proud to have contributed to a timely and insightful discussion on Europe’s industrial electrification at Euractiv’s Hybrid Conference, “Industrial power demand – A strategic asset for Europe’s electrification?” Nick Keramidas, General Manager European Affairs & Regulatory Advocacy at METLEN Energy & Metals, highlighted the vital role that electro-intensive industries play, not only in Europe’s economic growth, strategic autonomy and societal resilience, but also in enabling a stable, cost-effective and low-carbon power system. Mr. Keramidas stressed that ensuring globally competitive power costs is essential to accelerating electrification and unlocking this potential. A big thank you to all speakers and participants for pushing the conversation forward. 👉 Watch the full session here: https://lnkd.in/eb6Zr2Rv
Today we hosted the Hybrid Conference “Industrial power demand - A strategic asset for Europe's electrification?” Thank you to all who joined us, and to our panellists. Here are the key takeaways from our speakers: 🔸Tom Howes, from DG ENER, European Commission "We know we want to grow electrification. It’s one of the cheapest ways to decarbonise, it provides security benefits, and, in general, it’s a good thing. We know industry consumes about 25% of our energy, yet only one third of that is electricity, and we think there’s major potential for electrification within industry." 🔸Prof. Yannis Maniatis MEP from European Parliament "Electrification has the potential to be a key driver of a more resilient, competitive, and climate-neutral production framework." 🔸Martin Küppers from International Energy Agency (IEA) "Hybrid systems, thermal storage, smarter grid connections, accompanied by AI optimisation, are solutions that can help to unlock competitive and system-friendly industrial electrification in the EU." 🔸Jean-Christophe Witschger from EDF "Industrial customers can provide flexible demand that would facilitate electrification. The right momentum will be reached with the help of stable financial and regulatory incentives." 🔸Nick Keramidas from Metlen Energy & Metals "Aside from the undeniable contribution of electro-intensive industries to Europe’s past and future economic growth & societal cohesion as well as resilience and strategic autonomy, today’s discussion sheds light on how crucially beneficial these consumers are to Europe’s power system. These industries provide the stable and predictable backbone needed to invest in more low-carbon generation and achieve efficient, reliable and cost-effective grids. The mandate by the European Council a few weeks ago is to deliver proposals and solutions ASAP to ensure globally competitive power costs for these industries. That’s the only way to boost electrification." 👉 Watch the recording here: https://lnkd.in/eb6Zr2Rv