Review: Workshops at the 4th St.Gallen Forum for Management of Renewable Energies Five workshops took place on 24th of May 2013 in the afternoon and provided a platform for interesting discussions. 1. Energy investment decisions of strategic and institutional investors This workshop brings together strategic and institutional investors and discusses: - opportunities and perceived risks related to renewable energy investments - approaches to incentivize investments In a first part of the workshop, field reports reveal commonalities and differences in the way strategic and institutional investors evaluate political and technological risk. In a second part, the workshop discusses approaches and possibilities for a better understanding of investment risk in order to positively influence required investments in renewable energies. Moderation: Nina Hampl, University of St.Gallen Sylviane Chassot, University of St.Gallen Impulse speeches: Sigrid Ackermann, Head of business unit Wind, BKW FMB Energie AG Dr. Gerard Fischer, CEO, Swisscanto Roland Pfeuti, Senior Investment Director, RobecoSAM AG Summary Please find here a summary of the speeches and discussions of workshop 1 (in German). 2. „Let’s do this deal!“ – An internal view into start-up and growth investors (in English) How do venture capital investors (VC) make decisions? When do Corporate Venture Capital investors (CVC) participate in a financing round? And why does a Business Angel (BA) invest in renewable energy start-ups? Based on a real renewable energy venture, managers of VCs and CVCs as well as BAs will provide their insights into internal decision-making. Experiences on how to convince other internal and external partners will be shared and workshop participants receive first-hand perspectives into what actually happens until a deal is done. The workshop particularly addresses entrepreneurs who are fundraising, investors who aim to have a better understanding of their colleagues from VCs, CVCs or BAs, as well as energy market experts who look for co-investment opportunities. Discuss with us, share your views and make valuable connections for syndications and joint investments opportunities in start-up and growth companies in renewable energies. Moderation: Christoph Birkholz, University of St.Gallen & HUB Zurich Start-up pitch: Dominic Hofstetter, VP of Business Development, Electrochaea Impulse speeches: Dr. Christian Schütz, Partner, b-to-v Partners AG Dr. Kurt Kaltenegger, Head of Technology, ABB Technology Ventures Dr. Martin Kröner, Partner, Munich Venture Partners Summary Please find here a summary of the speeches and discussions of workshop 2 (also available in German). 3. Energy Market 2.0: Utilities and telecommunications companies in search of the sustainable business model Renewables as pacemaker, the decentralization of power production, convergence of telecommunications and energy supply, and the (re)-discovery of energy efficiency: as diverse as the energy transition itself are the measures and new business models developed by both traditional and new players in the energy industry, which shall meet the new customer and market demands. In this workshop we will discuss how traditional business models of large energy suppliers and municipal utilities are realigned, and how telecommunications companies could shape the future energy landscape. Three issues are central: 1. What are the new business models, and how do they create value for customers? 2. How change the interfaces between large energy suppliers, municipal utilities and telecommunications companies in particular? 3. Where do partnerships make sense, where does the competitive pressure rise? The workshop is aimed at managers, analysts and strategists from energy and telecommunications, and to all who are interested in the effects of the energy transition. Moderation: Thorsten Helms, Universität St.Gallen Tobias Griesshaber, RWE Innogy GmbH Impulse speeches: Dr. Svenja Frenzel, Vice President Distributed Energies and Country Strategy E.ON Germany Andreas Knobloch, VP Business Development Strategic Area Energy, Deutsche Telekom Theo Joos, Chairman of the Board, Trianel Suisse AG Summary Please find here a summary of the speeches and discussions of workshop 3 (in German). 4. Renewable Energies in the Transportation Sector of Switzerland The transport sector today accounts for a lion’s share of the carbon emissions in industrialized countries. Due to decreasing emissions in other sectors, this share is expected to rise in the future. As a consequence, several states and supranational organizations have developed strategies and targets how to decouple a growing transport sector from fossil fuel use – from the electrification of road transport or the use of biomass in aviation to the extension of railway traffic. This trend will undoubtedly establish new business opportunities for start-ups as well as for energy-providers and transport service providers. In this workshop the resulting challenges, opportunities and implications will be discussed. Moderation: Gieri Hinnen, University of St.Gallen & Swiss International Airlines Ltd. Impulse speeches: Peter Arnet, executive director, Alpiq E-Mobility AG Moritz Meenen, Co-Founder und CEO ElectricFeel Mobility Systems GmbH Christina Meier, Head of SBB Sustainability Karin Schulte, Business Development Manager, m-way ag Summary Please find here a summary of the speeches and discussions of workshop 4 (in German). 5. New business models for smart grids: Solutions for electricity storage using thermal loads (in English) Major promises of smart grids are to boost energy efficiency and to match supply and demand. Important in this regard is electricity storage. However we need new business models, which feature solutions that are feasible from a technology and economic perspective and which provide value to customers. The workshop focuses on electricity storage using thermal loads and appropriate demand response schemes. In particular the following questions will be discussed: • What will be the economic value of electricity storage using thermal loads? • How can systems of office buildings be controlled to provide such services? • How can a large number of household appliances be controlled for that? • How can consumers be induced to take part in appropriate demand response schemes? The workshop features a four-year research project funded by nano-tera.ch in which partners from the ETH Zürich, Swissgrid, EMPA and the University of St. Gallen investigate solutions for electrical energy storage. The workshop provides the opportunity for interested companies and individuals to explore opportunities for cooperation and further information exchange with the project team. Moderation: Dr. Moritz Loock, University of St.Gallen Impulse speeches: Dr. Maryam Kamgarpour, ETH Zurich Prof. Dr. John Lygeros, Head of the Automatic Control Laboratory, ETH Zurich Robert Weber, EMPA Summary Please find here a summary of the speeches and discussions of workshop 1.