On June 9, 2021, the AmCham Energy and Mineral Resources Committee held a virtual meeting via video conference on the following topics:
- Discussion on the creation of a White Paper on energy and mining matters for engagement with the next government
- Update on the upcoming 3Seas Initiative Summit in Sofia with a focus on the energy track
- Update on the Green Deal Task Force and its next steps.
Olivier Marquette, Energy and Mineral Resources Committee Co-Chair and AmCham Bulgaria President spoke about the idea of creating a White Paper on energy and mining matters for engagement with the new government.
“As always when there is a new government coming, it’s a perfect opportunity to bring content and bring points to shape the strategy of the government. AmCham has definitely a role to play in this,” stated the AmCham Bulgaria President.
“I can imagine AmCham coming up with some views as to what type of energy we need to have. I know it’s a very sensitive topic but supported by a third-party analysis, the objective is to ensure the security of supply, to ensure the lowest cost possible to the end customer, based on the current status of things, what the various technologies are and how it compares to what we have today,” shared Olivier Marquette.
Alex Nestor, Energy and Mineral Resources Committee Co-Chair added that “we are up to some big changes – political and economic – and as a major stakeholder in this process, AmCham has to position itself and has to give a clear signal to the other stakeholders what our views are.”
Kostadin Sirleshtov, CMS Managing Partner, CEE Head of Energy & Climate Change, Bulgaria, Moderator of the Energy Panel at the 3Seas Sofia Business Forum made an overview of the upcoming 3Seas Initiative Summit in Sofia with a focus on the energy track.
The 3Seas Sofia Summit and Business Forum will be held on July 8-9, 2021 at the National Palace of Culture. It will be a hybrid event. “The idea of this regional format is to promote investments in Central and Eastern Europe,” pointed out Kostadin Sirleshtov. “Bulgaria can benefit a lot from the synergies this initiative will bring in addition to the various other formats and focuses. The Green Deal is yet another initiative that we want to bring by this initiative,” added the CMS Managing Partner.
Kostadin Sirleshtov informed the participants that the main topic of the Energy Panel of the Business Forum is “Connectivity for transition to sustainability”. There will be three sub-panels:
- Natural gas as a transition fuel – the infrastructure priorities for the region
- Renewables as a driver for infrastructure development; the priorities for the region
- The case for nuclear in the region – a joint inter-governmental effort.
Krassimir Nenov, Green Deal Working Group Co-Chair and CEO, ContourGlobal Maritsa East 3, updated the participants on the Green Deal Task Force and its next steps. Krassimir Nenov pointed out that he is working with prof. Iliya Garkov, Dundee Precious Metals and Boyan Rashev, Denkstatt Bulgaria and their teams on a document which is a concept for a campaign on the Green Deal.
“One of the pending items is a mini-event that is planned for the end of June. The purpose of the event is to outline the main issues and to position AmCham as an entity that is committed to and endorses the Green Deal and the challenging objectives that it sets but also to add value by means of proposing solutions ultimately,” stated the Green Deal Working Group Co-Chair.