PRYSMIAN AT THE SECOND ANNUAL CONFERENCE OF THE FRIENDS OF THE SUPERGRID, "NO TRANSITION WITHOUT TRANSMISSION".
"REGULATORY UNCERTAINTY NOT TECHNOLOGY REMAINS THE MAIN BARRIER TO DELIVERING AN INTEGRATED GRID NETWORK IN EUROPE" SAY INDUSTRY LEADERS.
Milan, 19 March 2013. Prysmian Group, world leader in the energy and telecom cable systems industry will be
the Supergrid" (FOSG) that will take place in Brussels, today March 19.
After the success of "Supergrid 2012", this second conference aims at continuing the progressive discussion of
the backbone of Europe's decarbonised power sector and its purpose is to restate the importance of creating a
European grid network to capture the large amounts of renewable energy which will help reduce consumers
bills, enable the delivery of 2020 targets and beyond, and enhance Europe's energy security and independence.
FOSG are a group of companies who gathered in association to promoting and supporting the development of
"a pan-European transmission network (the Supergrid) facilitating the integration of large-scale renewable
energy and the balancing and transportation of electricity, with the aim of improving the European market".
Starting from the initial ten founding members, the association counts today twenty-three full members,
including manufacturers, developers, contractors, consultants and utilities.
Prysmian Group, along with other nine leading companies in the supply chain related to the development of
energy infrastructure, is one of FOSG founding members and has representatives in several FOSG working
groups. "As all FOSG member companies the Group strongly believes in the development of the Supergrid in
Europe and understands that it is not only a brilliant business opportunity for those who take part to the
association, but also a priority need for Europe, in order to enable the achievement of its targets in terms of
sustainability, free market and energy independence" states Marcello Del Brenna, CEO of Prysmian Powerlink
and Chairman of the Board of Friends of the Supergrid.
In his 2012 conference closing remarks, Del Brenna highlighted that "Transition to a transformed energy
system will not happen without a new approach to transmission, there are no technology ‘show-stoppers' to the
development of a European Supergrid. The availability of key grid technologies is assumed and point-to-point
connections could be expanded to multi-terminal building blocks for a larger overlaid grid. A new European
regulatory framework is therefore required in the future that allows for the early phases of the European
Supergrid to be built in the decade from 2015". These will also be his starting points for the 2013 conference
title of which is "No Transition without Transmission".
Among the confirmed and actively participating keynote speakers, moderators and panellist at "Supergrid
2013" it is worth mentioning the prestigious presence of Jeremy Rifkin, world economist, founder and president
of the Foundation on Economic Trends (USA), author of "The Third Industrial Revolution; How Lateral Power is
Transforming Energy, the Economy and the World".
Prysmian Group is world leader in the energy and telecom cables and systems industry. With sales of some €8 billion in 2012,
more than 20,000 employees across 50 countries and 91 plants, the Group is strongly positioned in high-tech markets and
offers the widest range of products, services, technologies and know-how. In the Energy sector, Prysmian Group operates in
the business of underground and submarine power transmission cables and systems, special cables for applications in many
different industrial sectors and medium and low voltage cables for the construction and infrastructure industry. In the
Telecom sector, the Group manufactures cables and accessories for the voice, video and data transmission industry, offering
a complete range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company listed on
the Milan Stock Exchange in the FTSE MIB index.