Black Sea Synergy 4 Developing RE & Attracting FDI

Energy Week Black Sea 2020

The virtual event brings together authorities and energy companies from Turkey, Romania, Bulgaria, Ukraine, and Georgia as well as international financial institutions and major multinational investors, EPC and consultancy firms for a dialogue aimed at fostering the deployment of renewable energy in the region and attracting foreign direct investment. 

Favourable Regulation

The electricity sector in the Black Sea region has gone through a significant transformation in the past decade. Significant advantages for RE producers have been introduced across the countries surrounding the Black Sea, such as Feed-in tariffs, Renewable Energy Zones, Green Certificates, and many more attractive incentives.

Demand Growth

Local energy demand in the countries of the region is forecast to grow in line with the GDP, with Turkey alone registering 5.1% electricity demand growth since 2002. Moreover, achieving energy security is at the top of the authorities’ agenda for many countries in the region, thus utilizing vast renewable energy potential is of great importance.

Untapped Potential

The Black Sea countries have vast untapped RE potential. Just to give an idea, as of August 2019, Turkey had an installed wind capacity of 7.27 GW and more than 3 GW of licensed wind capacity under construction. Meanwhile, there is an onshore wind potential of 37 GW and a completely untapped offshore wind potential of 11 GW.


Aida Sitdikova
Director, Energy Eurasia, EBRD
Dan Dragos Dragan
Secretary of State of Romania
Maia Melikidze
Commissioner, GNERC (Georgian National Energy and Water Supply Regulatory Commission)
Gurbuz Gonul
Director of Country Engagement and Partnership, IRENA
Giorgi Chikovani
CEO, Georgian Energy Development Fund
Ucha Uchaneishvili
Chairman of the Management Board, Georgian State Electrosystem (GSE)
Andreas Cremer
Head of Energy and Infrastructure Europe and Asia department, DEG
Kostiantyn Gura
Acting Head, State Agency on Energy Efficiency and Energy Saving of Ukraine (SAEE)
Dr. Tanay Sıdkı Uyar
President, Renewable Energy Association (EUROSOLAR Turkey), Vice President, World Wind Energy Association, World Bioenergy Association
Alex Blomfield
Partner, Energy, Natural Resources and Infrastructure Projects, Simmons & Simmons
Dirk Hendricks
Secretary General, EREF
Olivier Marquette
Co-Chairman, National Energy Chamber
Mikheil Tavberidze
Deputy General Director, Electricity System Commercial Operator
Magnus Johansen
VP Business Development, Country Representative (Ukraine), NBT AS
Hasan Okur
Partner, EVG
Dr. Değer Saygın
Director, SHURA Energy Transition Center
Daniel Potash
Chief of Party, USAID Energy Program
Carlo Pignoloni
President of RWEA, CEO, Enel Romania
Prashant Joshi
CEO, Adjaristsqali Georgia
Lasha Uplisashvili
Head of Energy, Real Estate & Construction Practice, BLC Law Office
Sergiy Savchuk
Executive Director, Clear Energy Group
Dr. Oleksiy Feliv
Managing Partner, INTEGRITES
Oleksandra Gumeniuk
Director, EUEA
Ton Nijensteen
Senior Investment Officer, Renewable Energy Dept., FMO
Matti Piiparinen
Senior Investment Officer, Green for Growth Fund
Dr. Yuri Kubrushko
Managing Partner, IMEPOWER
Dr Lorenc Gordani
Albanian Coordinator of the International Renewable Energy Agency (IRENA)
Kostadin Sirleshtov
Managing Partner, CEE Head of Energy, Projects and Construction, CMS Sofia
Corneliu Bodea
President, Romanian Energy Center
Ciprian Glodeanu
President, Romanian Photovoltaic Industry Association


Watch live stream sessions, participate in discussions, network with all the attendees on our virtual event platform. 


Ministerial Keynote Addresses

1 hour

Morning briefing. EnerLoop Live Demo

30 minutes

Session 1. Regional outlook: RES policies for the energy transition

What are the expectations with regard to the share of renewables in the total electricity generation of each country by 2030? What reforms are being implemented by each country to foster or further scale up renewable energy deployment? What is the position of individual countries in the face of the energy transition and how do they attract investors in global competition? What support schemes are there at the moment? Feed-in tariffs, YEKA zones, green certificates, long term PPAs, green auctions: changes of the legislative support.

2 hours

Session 2. Next challenges: addressing intermittency and energy security

What are grid connection options for new renewable-installed capacities? Linking resources to major energy users to attract investment for further RES development or expansion. What is the maturity level of different technologies that can be part of the solutions to help increase the penetration of renewable energy and improve energy access? Smart grids: what is the penetration level in the region? Energy storage. How does the transition to renewable energy meet the need for continuous supply in the absence of storage? How should energy storage be supported?

1.5 hours

Afternoon briefing

30 minutes

Session 3. Investors’ viewpoint on the region’s potential

What is the experience of foreign direct investors entering the region? How necessary are the state support schemes and what kind of incentives will be needed after 2020? An assessment of risk/return profiles: how much risk is too much? What are the best strategies for gaining a foothold in the region? Common trends and developments - are there any significant deviations between country experiences? How to scale up deployments? Where do investors expect opportunities in the next 5 years?

1.5 hours

LIVE Energy Quiz

1 hour

Session 4. Financing renewable energy

What are the most suitable support schemes for the countries of the region? What did contribute to the policy reversals in some countries? How to overcome uncertainty about the “right” level of support for renewables and the concern that countries may be “overpaying”? How to scale up renewable energy investments in the countries? How important are (long term) PPA-tariffs for renewables from an economic, regulatory, environmental, social and sustainability (global) perspective? Renewable energy auctions: expectations vs. reality. How can competitive tenders strengthen the case for renewables in the region? What are the risks involved? What would significant drop-in energy prices mean for investors?

1.5 hours

Morning briefing

30 minutes

Session 5. The Black Sea renewables potential

Where is the region now in terms of deployments and how strong is the existing pipeline of renewable energy projects across the Black Sea countries? How deployments may evolve by 2030 and estimates of the potential. What actions are required to set the region on the path to achieving the anticipated deployment levels? How likely is the transition to an entirely clean, renewable wind, hydro, solar, biomass, and geothermal energy economy?

1.5 hours

Breakout sessions. Deep dive into local markets

What reform proposals are there for the sector regulation? Are there any significant expected changes in support schemes such as a national transition from feed-in tariffs to auctions? What are the main obstacles or challenges for developing renewable energy? What to expect when entering local markets? Common mistakes made and how to avoid them. Breakout session 1: Georgia  Breakout session 2: Ukraine Breakout session 3: Turkey  Breakout session 4: Romania & Bulgaria

2 hours

Virtual Happy Hour!

1 hour

Energy Week Black Sea 2020 Brochure

Get the latest event information with market analysis, speaker and agenda information and well as participation options.


Get the latest information on energy sector regulation, market players and RES potential of Turkey, Romania, Bulgaria, Ukraine and Georgia! 












  • 1 delegate, 2 days 
  • Access to livestream conference sessions 
  • Live chat with all attendees 
  • An opportunity to schedule private 1:1 video meetings 
  • Content available after the conference 
  • Early access to the virtual platform to schedule 1:1 meetings 
EARLY BIRDuntil 19th June



  • 3 DELEGATES, 2 days 
  • Access to livestream conference sessions 
  • Live chat with all attendees 
  • An opportunity to schedule private 1:1 video meetings 
  • Content available after the conference 
  • Early access to the virtual platform to schedule 1:1 meetings 



  • 5 DELEGATES, 2 days 
  • Access to livestream conference sessions 
  • Live chat with all attendees 
  • An opportunity to schedule private 1:1 video meetings 
  • Content available after the conference 
  • Early access to the virtual platform to schedule 1:1 meetings

*Limited amount of FREE delegate passes available for representatives of state organisations, associations, and IFIs



At Invest In Network, we love hosting offline events, and we miss face-to-face interaction within the industry the same way you do! However, we are extremely happy there is an opportunity to help you stay connected, expand your networks, and get exclusive content from the comfort of your home.

Great Value

Get the same amazing value of offline events — new connections and great content — within the comfort of your home office! Before the event, you will have access to the virtual platform to schedule 1:1 meetings in advance.

Business Networking

Find relevant people and connect with all the attendees via personal chat or a video call by using the virtual platform that is focused on delivering the best experience for our delegates.

Rich Agenda

C-level speakers across the whole value chain, incl. government authorities, private investors, IFIs and DFIs, carefully curated rich agenda, briefings, live polls, exclusive offers, industry quiz, and much more!





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