Tuesday, 24 April 2018 from 18:00 to 21:30 hrs
"Energy and Space Synergies"
Conference at 18.00 hrs
Highlight Speech: "Space 4.0 as an enabler for the energy policy", Jan Woerner, Director General, European Space Agency
“Outlook of the energy sector in 2050” - Andres Jaadla, Rapporteur of the Committee of Regions opinion on a Space Strategy for Europe
“Innovation as a driving force for the energy transition in the Netherlands” - Nico van Putten, Deputy Director Netherlands Space Office
“How satellite connectivity empowers data transformation in energy sector?” – Christine Leurquin, Vice-President, Institutional Relations and Communications, SES
“Space applications in the energy sector: cases from the Norway” - Bo Andersen, Director General Norwegian Space Center
“Energy and Space Synergies” - Nathalie Kerstens, Eindhoven University of Technology
Dinner Debate at 19.15 hrs:
Kai-Uwe Schrogl, ESA Chief Strategy Officer, “Synergies in Energy and Space discussion”
“Private sector involvement to maximize the full potential of the European space and energy sector”
Wednesday, 21 March 2018 from 8:00 to 9:30 hrs
“Liberalisation of the Ukrainian Gas market: Challenges and Opportunities”
Hadi HALLOUCHE, Head of Trafigura’s LNG Sector
EC Representative, tbc
Wednesday, 21 June 2017 from 08:00 to 09:30 hrs
“Smart Metering for Smart Communities –
The Energy Union and municipal utilities”
Norbert LINS MEP, Member of the Environment, Public Health and Food Safety Committee, European Parliament
Manuel SANCHEZ JIMENEZ, Policy Officer-Senior Officer for Smart Grids, DG ENER
Nicola POCHETTINO, Head of Division Electricity Networks, European Investment Bank, Luxembourg
Frank GUTZEIT, President of the Division Board DIEHL METERING, Member of the Executive Board DIEHL
In its Energy Debate series, the Kangaroo Group hosted a discussion on “Smart Metering for Smart Communities” between representatives from the European Parliament, the European Commission, the European Investment Bank and industry. The speakers were MEP Norbert Lins (EVP), Manuel Sanchez Jimenez (EC), Nicola Pochettino (EIB) and Frank Gutzeit (Diehl Metering).
All speakers agreed that smarts meters and smart metering systems play a crucial role in delivering the energy and climate goals agreed by the European Union. As more and more energy is generated from renewable sources, grids need to become more efficient and more flexible. Consumers as well demand more transparency in their billing and pricing, more flexibility and thus more fairness. Making energy infrastructures smart requires considerable investment which many particularly small municipal utilities lack. The European Commission and the EIB offer a range of funding mechanisms and opportunities as well as technical advice.
As an investment in infrastructure, smart meters provide the added benefit as a key component of Smart Cities. Smart city projects combine intelligent energy, water, heating and cooling, transport and waste systems and enable the local government to increase their efficiency as well as the safety and security of its citizens. In this context smart meters act as monitoring points via their inherent sensing capabilities. This allows e.g. for early detection of leakages in water distribution grids, thereby reducing the burden on water supplies.
Smart meters generate data, so-called “big data”. These have to be treated in a safe and secure manner, allowing for an adequate protection of personal data. The exploitation of big data enables cities to manage themselves more efficiently and effectively: City 4.0.
For smart cities to become a success and deliver their full potential, the political decision-makers need to develop the adequate regulatory frameworks. Which level of data protection will be needed? Which level of security is needed for the use of data? Where are the barriers that hinder the development of successful business cases for community governments and industry?
The Kangaroo Group aisbl
Rue Wiertz 11
tel: 0032 2 280 60 95
fax: 0032 2 280 07 84
Working Group FINANCIAL SERVICES
Wednesday, 18 JUNE 2019 from 13:00 to 14:30 hrs
"Reviewing the mandate: EC's achievements and priorities going forward"
David DOYLE, Member of the Board, Kangaroo Group
Paulina DEJMEK-HACK, Member of the Cabinet of President Jean-Claude Juncker
Kangaroo Group Reception
Wednesday, 19 June 2019 at 18:30 hrs
"40 Years of Kangaroo Group"
The City could find it cold in “Canada”
Discussion paper from Kangaroo Group Member Graham Bishop
New Year media reports suggest the UK Government thinks the EU27 is bluffing when chief negotiator Barnier states that UK-based banks will lose their “passports” to do business in the EU27. Instead, DexEU Secretary Davis has called for a “Canada plus plus plus” trade deal – implying that financial services will not find themselves at a disadvantage.
Euro “clearing”: Liability and Location
Discussion paper from Kangaroo Group Member Graham Bishop
"The key interest rate contracts cleared in the UK are more than 50 times UK GDP, and 10 times the Eurozone’s GDP. Put starkly: €117 trillion of euro derivatives may have to be supported by liquidity based on the ECB’s €0.011 trillion capital and that of National Central Banks."
read whole artice below
Euro “clearing”: Liability and Location
16 January 2017
This issue of `clearing’ is likely to come to a head quickly once Article 50 Notice of `intention to leave’ is served by the UK - as a direct consequence of the G20 commitment to ensure there are no more taxpayer-funded bailouts of EU financial institutions. Post Brexit, Eurozone Member States are likely to be very concerned about capital market activities denominated in euro that – in a crisis – could create liabilities for their taxpayers. At that stage, UK-based financial firms will not be subject to EU law and therefore outside the ECB’s ability to enforce any necessary managerial change – unless the UK agrees to surrender control to EU institutions.
However, it is very disturbing to an outsider that, eight years after the Lehman crash, there are still good grounds for concern in a systemic crisis– especially flowing from the “clearing” of euro:
ESMA 2016 stress test “A CM defaulting in one CCP would also be considered to be in default in all CCPs, in which it is a member, leading to more than 25 CM defaulting EU-wide…”
The Commission’s December 2016 CCP Resolution Proposal “No Member State has yet developed a full national regime for CCP recovery and resolution which fully complies with the G20-endorsed FSB principles, including as regards the need for effective coordination and oversight against cross-border spill-overs.”
The magnitude of the risks are extraordinary: The key interest rate contracts cleared in the UK are more than 50 times UK GDP, and 10 times the Eurozone’s GDP. Put starkly: €117 trillion of euro derivatives may have to be supported by liquidity based on the ECB’s €0.011 trillion capital and that of National Central Banks. Any resultant credit losses would be a major political concern for Eurozone taxpayers, governments and Parliaments.
Does the EU27/ECB need to “do” anything further about Brexit? The ECB’s post-Brexit re-statement of its “oversight policy” provides a powerful analysis – implicitly - of the post-Brexit situation when it would have no powers to “induce change” in critical offshore financial market infrastructures. Once the Article 50 Notice has been served, all UK firms will be fully aware that their “EEA Authorisation” will expire at the moment of Brexit so they will need to make their own plans to continue their EU business.
The working assumption must be that the UK will not be a part of the European Economic Area (EEA) so any bespoke arrangement (normally taking the form of a Treaty) may require significant adjustment to many EU Directives and Regulations. The much-discussed “transitional arrangements” for UK firms might not be “in force” before 2023, given the necessary legislative processes. As risk-averse clients recognise the new risks, they may exercise their freedom to move their derivative positions to CCPs in a market where they can have a high degree of confidence that the ECB would supply liquidity in a crisis.
A major loss of derivatives business could worsen the UK’s balance of payments deficit by a third from its current record deficit - even at modest profitability levels for the derivative book. Parliament should require the BoE to analyse and publish the balance of payments implications in detail.
Eurocorps as a pilot project for the European Defence Union
Discussion Paper on the basis of a meeting of the Kangaroo Group with General Ramirez
The decision of the United Kingdom to leave the European Union makes it necessary to rethink the European Union from the beginning. We have to ask ourselves what the citizens really expect from the European Union. In the past seventy years the European Union has made a major contribution to the security and prosperity of the European nations.
Future of the Eurocorps
At a meeting with members of the Eurocorps in Strasbourg Karl von Wogau, Secretary General of the Kangaroo Group and Honorary Member of the European Parliament, stated that the Eurocorps should be moved into the center of the Common Security and Defence Policy. It should become the Preferred Headquarter of the European Union. Moreover its five framework nations France, Germany, Spain, Belgium and Luxembourg should take the decision to put the Eurocorps at the permanent disposal of the European Union.
In the present discussion about Monetary and Political Union the opinion is often heard that a Political Union consists in total harmonization. But this is certainly not what we want to achive. The strength of Europe is its variety and the peaceful competition between its Member States. On the contrary the hard core of a Political Union is a common foreign and defence policy. ...
The Role of the Multinational Corps
The European Council in June has not been very encouraging for those who believe in the necessity of an autonomous Security and Defence Policy of the European Union. Public attention was taken by the problems of Greece and the drama of the refugees in the Mediterranean. The discussion about Security and Defence took only a very short time.
Europe War and Peace
The author looks at general rules for peace preservation from Kant, Fukuyama, Einstein and Freud as well as Henry Kissinger and tries to draw conclusions for the present security situation of Europe. The presentation was in October 2015.