MEETING: CIO Forum for European Energy Trading TYPE: MINUTES LOCATION: Park Plaza Westminster Bridge Hotel, London Host: EDFT AUTHOR: J. Lock DATE: 08-09/03/2017 VERSION: Final ATTENDEES Members: Statoil: RWEST: Centrica Plc: Iberdrola: PetroChina: Engie: EON:, CIO (Chairman) Ole Jørgensen, IT Manager for Marketing, Processing & Renewables David Campbell-Montgomery, Head of IT Dean Eaves, Head of IT Midstream Ignacio Canales, IT Head of Business Applications David Ma, General Manager of IT Marco Scherer, Director Sales & Trading IT, Uniper Monique Breen, CIO for Gas Europe and LNG Théo Christodoux, Deputy CIO Global Energy Management Stefan Kampshoff, Head of Trading IT, Energy Economics Guests: Centrica: Statoil: PetroChina: Engie: Iberdrola: Shell: Eni: STATKRAFT RWEST: Guest: Avanade: Rahul Malik, Business Solutions Manager Sean Schofield, Head of Design Authority Udo Dyck, Head of Solution Delivery Åge Martinus Haldorsen, Lead Architect Statoil MPR Andy Burrow, Chief Architect for International Gas and Treasury Arnab Nandi, IT&S Solution Manager, Physical Operations, CBA&F Oil Gareth Lloyd, IT Manager Peter Van Meel, Senior Operational Officer Juan Luis Cajete, IT Energy Management for global ETRMs solutions Mark Williams, Head of Trading IT, Uniper James Brady, Head of Pricing and Trader Tools, Sales & Trading IT, Uniper Owen O Connell, IT Manager Crude, Products and Operations Romeo Francesco, ICT Trading, LNG & Operations Vice President Rune Sundling, VP IT Market, Innovation & Analytics Tobias Bluhm, MFI Enterprise Architecture Olya Nicholls Paul Holyoake Guest Speakers: Scott Logic: Scott Logic: BCG: BCG: Baringa: Baringa: Graham Odds, Head Of UX Design Patrick Bishop, Account Manager Antti Belt Jake Leslie Melville Ian Amstad, Macroeconomist Andy Singleton, Partner Shane Henley Apologies: Gazprom Global M&T: Alpiq: Thomas Habel, CIO Axpo Trading: Alan Taylor, Head of IT Axpo Trading: Tobias Zuercher, Head of Architecture STATKRAFT Johnny Naess Langsrud, CIO Eni: Elvira Fabrizio, CIO Engie Igor Rocca, CIO LNG Business Vattenfall: Gill Graham, Head of IT Operations Vattenfall: Patrice Petong, Head of Operations ETRM Alpiq: Adrian Willimann, Head of Architecture Page 1 of 5
AGENDA DAY 1 TIME / GMT TOPIC PRESENTOR 12:00-13:00 LUNCH 13:00 13:10 Welcome, minutes and agenda review, introductions. 13:10 14:10 MAR and participant responses to this regulation Andy Singleton Shane Henley 14:10 14:25 TEA & COFFEE BREAK IT Competence development introduction Ole Jorgensen Member perspectives Statoil Ole Jorgensen Member perspectives Uniper Marco Scherer Competence Development Group workshop and discussion 15:45 16:00 TEA & COFFEE BREAK Design Thinking Introduction External presentation to position the topic Graham Odds Scott Logic Member perspectives BP Monique Breen Arnab Nandi Design Thinking Group workshop and discussion 17:45 18:15 Break/CIO Forum Board Meeting 18:15 19:30 Guest Speech: Ian Amstad, Macroeconomist, EDF Trading Ltd Brexit and other political developments Ian Amstad 19:30 - DINNER AGENDA DAY 2 TIME / GMT TOPIC PRESENTOR 09:00 09:10 Introductions and matters arising Digital in the context of Energy Trading Owen O Connell Page 2 of 5
External presentation to position the topic Antti Belt, BCG Jake Leslie Melville 10:30 10:45 TEA & COFFEE BREAK Digital Group workshop and discussion Technology influences on Trading Mark Williams, Uniper James Brady 12:00 12:15 TEA & COFFEE BREAK Blockchain reprise member perspectives following last meeting Francesco Romeo, ENI Updates from Ops and Architecture Groups Rahul Malik 12:50 13:00 AOB 13:00 14.00 LUNCH Day 1 Jeremy opened the meeting with a welcome statement and introduced the agenda. It was announced that Shell, ENI and Statkraft were joining the meeting as guest members. Jeremy welcomed Rune Sundling as the new representative of Statkraft. The minutes of the previous meeting held in November 2016 were approved. 1. MAR Briefing Andy Singleton and Shane Henley delivered a detailed briefing on the Market Abuse Regulation. Available on Podio. A key message from the presentation was to spend time on a risk assessment before embarking on implementation of process and systems to focus on risk driven priorities and to reduce costs. Baringa invited members to contact them to clarify and issues as required. 2. Skills and Competence frameworks Ole Jorgensen and Marco Scherer presented their perspectives on the evaluation of skills and competency frameworks as a precursor to a workshop session where members addressed key questions: What type of processes and mechanisms does your company use for competence development? What are the main drivers and triggers for changing/updating the competence strategy? Do you measure and value competence? Formal benchmarks? KPI s? Formal certification? Rate the top competencies required 2014, 2017, 2020? The output from the workshops has been captured and will be made available on Podio. Available on Podio. Page 3 of 5
3. Design Thinking Graham Odds supported by Patrick Bishop of Scott Logic presented on Design Thinking, to position this topic for an open discussion on this topic. Available on Podio. Arnab Nandi from BP then added further context by presenting worked examples where BP had applied Design Thinking processes to solve real business problems. Available on Podio. A key point of the presentation was the Diverge Converge approach and build to think instead of thinking what to build. This was followed by a Group discussion. 5. Guest Speech Ian Amstad Macroeconomist (EDFT) gave a very thought provoking speech on Populism and the impact on past and present politics and economics in Europe and beyond. Slides and separate speaking notes are Available on Podio. Day 2 Jeremy opened the meeting with a welcome statement and introduced the agenda. 6. Digital in Energy Trading Owen O Connell introduced the session and Antti Belt from BCG presented Digitalisation in Energy Trading. Available on Podio. This was followed by a presentation by James Brady and Mark Williams of Uniper around their front office digital initiatives. Available on Podio. This was followed by an open discussion and workshop supported by Antti of BCG. The outputs of the workshop were captured and will be made available on Podio. Available on Podio. Everyone agreed that this was the most valuable forum session to date. 7. Architecture Group update Openlink Endur Cloud Rahul Malik updated attendees on the status of the architecture group activities with a specific focus on OpenLink Endur cloud based hosted models. There was widespread interest in further collaboration on this topic and broader discussion around ETRM in the cloud propositions. The members agreed to collaborate on a joint statement to Openlink lobbying for a public cloud based option. It was agreed that this could come from the CIO forum chair on behalf of the community. It was agreed that a separate meeting would be held to discuss a positioning statement before the Forum agrees to send an open letter on behalf of the community. Action 260 8. Architecture Group update Machine learning applied to service records Rahul Malik introduced Paul Holyoake (Avanade) who presented a POC surrounding the use of Azure machine learning to service and operational data. Available on Podio. 9. Operational Group update future state operations project Jeremy presented on behalf of Steve Batts (PWC) and Alan Taylor on the status of the operations project. A call was made to remaining members to come forward if they wanted to participate and Steve will set up a brief discussion to initiate. Action 257 10. Blockchain update Francesco Romeo updated members on the status of the BTL BlockChain POC. Announcing that ENI were signed up to participate. BP also indicated that they had also agreed to join the POC. It was also known that Wien Energy were also participating. BP also announced that they were also looking at a POC with Tallysticks regarding validation of reference data, e.g. banking credentials. Members were encouraged to contact the startup companies or the participants for more information. Page 4 of 5
11. AOB Jeremy provided feedback from the Forum Board meeting held on evening of Day 1. He announced that Shell had been invited to become full members of the forum and welcomed Owen as the latest full member. Jeremy appealed to attendees to be recognise and respect the logistics of organising these events, particularly in terms of confirmed attendees and late cancellations, e.g. EDFT had initially catered for 28 for the evening meal but only 21 sat down to eat. Jeremy announced that a routine cycle of Board elections had come around and that himself and Dean would be stepping down so others could apply to be Board members. Jeremy announced that he would be initiating the nomination and election process in the near future and invited members to come forward and nominate themselves. Jeremy announced that the next meeting would most likely be in Bilbao hosted by Ignacio and Iberdrola. The meeting beyond this would be in September. Theo offered to host on behalf of Engie, most likely in Paris. It was agreed that there were a number of topics evolving from this session that could be carried forward to the next meeting. 12. Date of next meetings It was agreed that the following 2 meetings would be held: 7 th and 8 th of June 2017 Iberdrola host in Madrid or Bilbao 20 th and 21 st of September 2017 Engie host in Paris or Brussels European Energy Trading CIO Forum - Actions Log Action # ETCIO 257 ETCIO 260 Date Raised 24/11/2016 09/03/2017 Description Owner(s) Due Date Forum members to let Steve Batt (PWC) and Alan Taylor know if they want to participate in the Ops Forum project. This will require the nomination of a contact to liaise with PWC as the project proceeds with its enquiries. UPDATED DEADLINE It was agreed that a separate meeting would be held to discuss Openlink Endur and support in public cloud and to create a positioning statement before the Forum agrees to send an open letter on behalf of the community. ` Mar 2017 Rahul Malik Andy Burrow April 2017 Page 5 of 5