BBJ CEO Breakfast Briefing, September 28. 2022

"Welcome to the second CEO Breakfast Briefing organized by the German-Hungarian Chamber of Commerce and Industry and the Budapest Business Journal, where the theme of our roundtable is “The Future of Energy.”

Let’s introduce our first speaker, Attila Steiner, State Secretary for Energy and Climate Policy at the Ministry of Technology and Industry. The rest of our panel are Ákos Hegedűs, managing director of Linde Gáz Magyarország Zrt., András Sávos, president of the German-Hungarian Chamber of Industry and Commerce but here as vice president, head of digitalization and process optimization at Knorr-Bremse AG, and Viktor Sverla, head of group strategy at MOL Group.

The discussion covers key questions of the current energy turmoil. How do we source it? How will we pay for it? How green will it be? With electricity prices having risen multiple times this year, how soon before we see companies going out of business or relocating? How will we meet climate goals and keep homes and offices warm and well-lit and factories functioning? Given the possibility of Russian gas shortages, could/should coal make a comeback? How quickly can hydrogen come online, and when it does, will it be grey, blue or green?”

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