Entitled "New energy technologies as business and investment opportunities for Europe", the Informal meeting of Ministers for Energy to be held on Wednesday 23 September 2015 at the European Convention Centre Luxembourg will be devoted, in particular, to new energy technologies as a driving force for economic growth and job creation. In order to encourage an open and constructive discussion, the Deputy Prime Minister, Minister of the Economy Étienne Schneider has invited several leaders from European and global technological companies who are seeking innovation in the energy sector.
These industry leaders include Elon Musk, Co-Founder of PayPal and CEO of SpaceX, the satellite launch company. With his company Tesla, Elon Musk has become a global benchmark in the construction of high-end electric cars and in the production of so-called stationary batteries which store electricity generated by solar panels for use by private dwellings or small businesses. Other speakers include the American economist and sociologist, Jeremy Rifkin, and Bertrand Piccard, a Swiss pilot and co-founder of "Solar Impulse", a project which seeks to promote renewable energy by travelling around the world in a solar-powered aircraft.
The Ministers for Energy and Jyrki Katainen, Vice-President of the European Commission, will also address the potential of the "Juncker Plan" to increase low carbon investments in the EU. In the presence of the Commissioner for Climate Action and Energy, Miguel Arias Cañete, and the former French Minister, Jean-Louis Borloo, who makes electrification in Africa a key priority, there will be a discussion on possible synergies between energy and development aid.
Press release issued by the Ministry of the Economy