June 11, ILUNION Pío XII Hotel, Madrid, Spain

Investments, Artificial Intelligence, and Sustainability


The industry and market are being greatly influenced by factors such as transformer shortage, investments, digitalization and artificial intelligence, and sustainability.

Join us at the Industry Navigator conference for invaluable insights into these trends, networking with industry leaders, and fostering your professional growth. Seize this opportunity to broaden your knowledge and connections!

Key words: Investment, Shortage of transformers, Artificial Intelligence, Asset Management, Sustainability

The aim of the Navigator 2024 conference is…

…to bring together key stakeholders in order to better understand and quantify future market dynamics. With better insights, the industry will be better able to navigate through challenging market conditions.

Key topics that the conference includes:

–        Procuring transformers during market shortages

–        Investments in new manufacturing capacities

–        Artificial Intelligence

–        Digitalization

–        Asset Management

–        Energy transition

–        Decarbonization

–        Circular economy

–        Increasing efficiency

Download the brochure

Research on investments 2024 – Outlook to 2033

Transformers Magazine is conducting global investment research to gain a deep insight into the current situation, in particular the shortage of transformers and skilled labour, and future trends in the industry. The entire value chain is covered by the research: transformers, materials and components, manufacturing, operation, etc.

These insights will enable you to prepare well in advance for market developments that would otherwise be difficult to predict. All respondents who provide valid answers will receive a complete report summary, which means that participation in this research is the easiest way to gain these insights and to secure a leading position in the market.

The research covers the following areas:

Investments in new transformers in the grids

Lead time for new transformers

Key supply chain challenges

Investments in manufacturing capacities


Future trends

Business outlook


Some of the questions that this research will answer are:

What are the investment plans for new transformers and manufacturing capacities until 2033?

What is the expected lead time until 2033?

What are the main procurement issues and what are preferred approaches?

Which materials and components pose the greatest supply risk to transformer manufacturing?

Are companies adopting procurement planning activities and identifying new suppliers?

Are companies considering acquiring key suppliers to ensure priority supply?

What is the preferred contracting period related to transformer procurement?

What will be the key evaluation criteria for transformer procurement decisions?

What are the changes in requirements for key components inventory?

What are the main reasons for the price increases?

Is there increase in sustainability requirements?

What are the main barriers to sustainability initiatives?

What will be the priority for utilities to maintain operability?


Many other relevant questions will be answered based on this research. Also, note that you can gain even more insights into the research areas if you decide to participate in Transformers Magazine Industry Navigator conference 2024, which will focus on Investments, Artificial Intelligence, and Sustainability.

The survey takes approximately 15-20 minutes to complete and will close on 31 January 2024.


Click HERE to access the survey!

The winner of the Weekly quiz has been announced!

We have a winner!

After an exhilarating 3 months filled with curiosity and challenge, our weekly quiz journey has reached its grand finale!

Congratulations to Sruti Chakraborty, PhD!

Here is what the winner, Sruti Chakraborty, had to say:

“The industry navigator events are true to its name.

They have inspired me not only to broaden my horizons, achieve some learning curves, but also enabled me to find the sense of equilibrium in developing technologies that are sustainable, digital, reliable, and investment worthy!

I am truly glad and super excited to be a part of the event this year and look forward to learning new things once again.”


Why attend?

The conference provides a supportive environment, ideal for expanding your professional network, making contacts and deepening relationships with key industry leaders and peers.

At this conference you will have the opportunity to learn about future practices and take part in a public debate with other industry stakeholders. You can also participate in workshops and a study visit, and enjoy a rich social programme with great networking opportunities.

Moreover, you will have the chance to participate in the research that will provide insight into the current state and future actions relating to investments, sustainability and digitalization.

I’m interested

Why present?

This conference is an independent platform, where you will have the opportunity to participate in an invitation-only Chatham House Rule meeting, advocate your views and influence future practice through debate.

You will also be among the first to receive research findings that will provide insight into the current situation and future actions.


I’m interested


“I would hereby like to thank you for the opportunity to participate at the conference.

Also, thank you for all the hard work you put into its organization; it was excellent. Everyone I spoke to was very satisfied.

We’re looking forward to next year!”

Vlatka Serkinic, Sustainability specialist in Koncar Distribution and Special Transformers Inc.

“Thank you so much for hosting the Sustainability and Digitalization conference last week and inviting Ergon to do a presentation. The topics were very informative and I gained a great deal of insight into the sustainability efforts going on in the industry. It was very apparent that a great deal of planning went into the event and I wanted to congratulate you on the successful organization. Since I am new to the area of transformers and attended without a colleague, I especially appreciated the social aspects of the conference. The social outings made all the difference for me! Please give my thanks to the rest of your team as well.”

Dr. Kristie Armstrong, Technical Project Manager and sustainability specialist, Ergon

“Transformers Magazine has succeeded in bringing key transformer industry stakeholders together to discuss the strategic trends shaping the industry. There was a real need for that and I am pleased to see that we have such a discussion platform now. I hope these events will become a tradition and will attract even more participants in the future.”

Ufuk Kivrak, Consultant, SCM Consulting

Previous events

Previous Navigator conferences have been vibrant events with a rich technical and social programme, supported by industry-leading companies:

Utilities: EDF, Terna, HOPS

Transformer manufacturers: Hitachi Energy, Siemens Energy, SGB-SMIT Group, Končar Group, Ganz

Suppliers: ThyssenKrupp, Ergon, Cargill, Micafluid, Nynas, Dynamic Ratings, Midel, PTTX, Maschinenfabrik Reinhausen,

Trade shows: Coiltech, CWIEME

Sustainability and Digitalization 2023

Sustainability – outlook for the transformer industry 2022

Transformers Magazine’s Industry Navigator Conference 2021

Why sponsor?

Collaborate with us to pave the way for a sustainable future in the transformer industry by becoming a Navigator Conference Sponsor .

Sponsorship will associate your company with a meaningful initiative and ensure prominent exposure in our magazine, academy, website, social channels and event resources, including emails and web pages.

After the conference, you’ll receive an attendee list, a conference report and either a full page or half page advertisement in the final report.


Sponsorship options

The conference is hosted by Transformers Magazine

This year's sponsors




Preliminary agenda

Please note that this agenda is preliminary and subject to change as we continue to refine it.

  • Day 1 - Sustainability

    11 June 2024

  • Day 2 - AI and Sustainability

    12 June 2024

  • Day 3 - Investments

    13 June 2024

  • Registration and reception
    08 AM - 09 AM

    Registration and reception

  • 9 AM - 9:20 AM


    Transformers Magazine

    Mladen Banovic, Director and Editor-in-Chief

  • Christina-Iosifidou_Siemens-Energy_
    9:20 AM - 9:40 AM

    Christina Iosifidou, Siemens Energy / Shah Mohammadi, Mohammad Reza, DNV: Enabling greener transformers with standardized LCAs – Joint Industry Program with DNV (READ MORE)

    Siemens Energy

    Christina Iosifidou, Head of Sustainability Grid Technologies 

    Speaker’s bio

    Christina Iosifidou is the Head of Sustainability Grid Technologies at Siemens Energy. In this role, she drives the decarbonization of products, solutions and services across the value chain. She holds a Masters degree in business engineering from the Technical University of Berlin. She started her carreer at Siemens Energy as PLM for Large Power Transformers, where she later worked as Global Innovation Sales Manager and gained valuable experiences in Austria and Brazil too. She strongly believes that decarbonization is not a choice; it’s a must to protect our planet for future generations. Achiving net zero is possible only by joining hands together, and for this goal, she involves all the relevant stakeholders to discuss strategies and, most importantly, to act.


  • 9:20 AM - 9:40 AM

    Shah Mohammadi, Mohammad Reza, DNV / Christina Iosifidou, Siemens Energy: Enabling greener transformers with standardized LCAs – Joint Industry Program with DNV (READ MORE)


    Mohammad Shah (Moh), Principal Consultant and Team Leader, Transmission & Distribution Technology Department

    Speaker’s bio

    Mohammad Shah (Moh) is a highly experienced team lead in the Transmission and Distribution Technology Department, where he oversees the overhead line team and leads innovation and technology roadmap initiatives. With over 10 years of experience in the energy sector, he has provided consulting services for numerous international TSOs, including TenneT TSO, 50Hertz, Elia Group, Statnett, KEPCO, CLP Power, and the European Bank for Reconstruction and Development. Mohammad Shah has published several journal papers on the design and optimization of energy structures.

    Throughout his career, Mohammad has taken on numerous leadership roles, including leading renewable power plant due diligence, investment due diligence, and bankability studies in the high voltage field. He has also served as a technical consultant for regulatory-related projects on national and international large transmission projects for regulatory authorities and TSOs. As a consultant at DNV, Mohammad led several innovation projects, including new tower design using composite materials, smart inspection using AI and multi-spectral imaging, and extreme weather condition indexing like downburst and galloping.

    Mohammad Shah earned a M.S. in Energy System Engineering from the Royal Institute of Technology in Stockholm and a Doctorate of Energy System from the University of Coimbra, both under the European Marie Curie Fellowship.

  • Laszlo-Shunder-GANZ
    9:40 AM - 10:00 AM

    László Schunder, GANZ: Road to Sustainability (READ MORE)

    Ganz Transformers and Electric Rotating Machines Ltd.

    László Schunder, Chief Operations Officer


    László Schunder (Mr.), Chief Operational Officer of GANZ Transformers and Electrical Rotating Machines Ltd., will present on how to address the challenge of the differences in the operating environment of a company’s products to optimise the minimisation of environmental impacts. Significantly different energy mixes across countries can make a big difference in the size of the carbon footprint, given the very long lifetime of the product. We needed to understand these differences in order to meet our customers’ and our own expectations.


    László Schunder joined the GANZ Transformers and Electrical Rotating Machines Ltd. team and the wonderful world of transformer manufacturing two years ago. During the previous two decades, he worked for several automotive and electronics companies, specializing in organization building, change management and supply chain design. Currently, as COO, he is working to ensure that Ganz serves the growing needs of its customers as efficiently as possible. In addition to his work, he also lectures at universities to help future economists.


  • Bozena-Odobasic
    10:00 AM - 10:20 AM

    Bozena Odobasic, KONČAR – Distribution and Special Transformers: The building blocks towards a green business (READ MORE)

    KONČAR – Distribution and Special Transformers

    Bozena Odobasic, Sustainability specialist


    When met with a concept as comprehensive as sustainability, the road towards it seemed unreachable as a never-ending mountain climb. However, at some point, one looks back and realizes they’ve already climbed far up. KONČAR – D&ST’s path was similar and determined by various queries and requests from our customers. The learning curve on how we can contribute to their efforts was steep and often time consuming. When the subject of sustainability started becoming an imperative for our customers as well as the EU legislation, it seemed like another hard climb ahead, but since we’ve successfully tackled all previous challenges the building blocks that paved the way towards sustainability were already set.

    Speaker’s bio

    Božena Odobašić is the young new Sustainability specialist who joined KONČAR – Distribution and Special Transformers team in 2023. This marks her first foray into the world of sustainability in the transformers industry. As a graduate of the Sustainable Biotechnology Master’s degree from Aalborg University in Denmark, she has a strong foundation on what sustainability encompasses and how to apply it in the industry. Within her current role she is also responsible for non-financial reporting of the company as well as coordinating all projects relating to sustainability.


  • Q&A 3
    10:20 AM - 10:30 AM


  • 10:30 AM - 11:00 AM

    Coffee break

  • Andrew T. Holden Ergon
    11:00 AM - 11:20 AM

    Andrew T. Holden, Ergon: Ordered Chaos: Understanding and applying the governing principles of the global dielectric liquid market (READ MORE)


    Andrew T. Holden, Dielectric Liquids – North America


    Understanding the global dielectric liquid markets is essential for manufacturers and end-users in our industry.  Recent years have been filled with tremendous growth, increased complexity of liquid options, and an increased need for efficiency in global distribution.  Each liquid type has undergone its own unique challenges in recent years, but the underlying principals governing energy markets, market economics, and global supply and demand can help us create a framework to better what has happened, why it has happened, and what that might mean for the future.


    Andrew T. Holden, P.E. leads Ergon’s dielectric liquids in North America.  He is a professional engineer with a B.S. in Industrial & Systems Engineering from the Georgia Institute of Technology and an MBA in Finance & Marketing from Georgia State University.  He has almost 25 years of experience as a power supply consultant for U.S. electric power companies, selling products and services to global OEMs responsible for manufacturing custom engineered equipment, and working with multinational engineering firms on projects throughout the world.

  • 11:20 AM - 11:40 AM

    Dr. Hugo Campelo, Nynas: Beyond ROI: Return on sustainability of the new transformer oils (READ MORE)


    Dr. Hugo Campelo, Senior Technical Advisor 


    Return on sustainability of the new transformer oils – beyond price

    The gap between what is really achieved and all the net zero scenarios already available will depend on the speed of our actions. Using already available solutions, and in some cases using them in the existing infrastructure, means speed and real implementation on a scale.

    Sustainability is a level-playing field to achieve critical societal goals of decarbonization and the return on sustainability is much broader than the traditional return on investment indicators used to take investment decisions.

    In this work, multiple cases of different transformers in different contexts will be analyzed and the impact of the newly available transformers oils will be assessed in terms of the overall return on sustainability.


    Dr. Hugo Campelo has more than 15 years of experience in the transformer industry. He is a chemical engineer and has an industrial PhD on the thermal modelling of large shell-type power transformers from University of Porto, Portugal.

    From 2006 to 2009 he started researching thermal management of transformers as a consultant, and in 2010 he joined Efacec Transformers Business Unit. Up to 2023 he cross-cut different R&D and engineering roles in Efacec, from research and development to the global management of the technology of the group. In 2023 he joined Nynas as a technical expert on the application of transformer oils in power transformers, distribution transformers, instrument transformers and switchgear. Hugo currently supports technical sales and marketing to external customers and end-users across Europe, Middle East and Africa.

    He authored multiple publications related to transformers modelling, testing and monitoring of transformers. He is a CIGRE expert actively involved in multiple Working Groups and a member of IEC Spanish TC 10.

  • Mark-Lashbrook
    11:40 AM - 12:00 PM

     Mark Lashbrook, MIDEL: The path to zero – a roadmap to more sustainable synthetic ester transformer liquids (READ MORE)


    Mark Lashbrook, Technical Director


    There is enough compelling evidence now to necessitate robust action on climate change. Many economies have targets to be net zero by 2050, but the challenge is getting there while still meeting the world’s increasing electrical energy demands.  Denser urbanisation and distributed generation also put more pressure on transformers located close to population, meaning a fire safe solution is ever more necessary.

    Choosing a transformer liquid is not just a case of selecting a product with a lower initial carbon footprint; we must also ensure we protect the planet and natural resources for other needs.  This presentation will aim to shed light on the use of a mass balance approach for producing dielectric liquids and the roadmap to a more sustainable, safe transformer liquid based on synthetic ester.

    Speaker’s bio

    Mark Lashbrook received a BEng(Hons) degree in electrical and electronic engineering from Loughborough University in 1995. Following graduation, he joined the semiconductor industry. He spent the next 12 years working in a variety of engineering roles for major IC manufacturers, including Fujitsu Microelectronics and Intel before joining M&I Materials Ltd as a Development Engineer for MIDEL ester liquids in 2007.

    Mark is now the Technical Director for MIDEL & MIVOLT Fluids Ltd and Product Director for the MIVOLT product group, which is focused on the use of ester-based dielectric liquids for immersion cooling of batteries, power electronics and data centres.

    Mark’s work in the field of alternative dielectric liquids over the last 16 years has encompassed R&D, applications support, and a wide number of publications in magazines and events worldwide.

  • Q&A 3
    12:00 PM - 12:10 PM


  • Lunch break 2
    12:10 PM - 2:10 PM

    Lunch break

  • 2:10 PM - 3:20 PM

    Sustainabiltiy workshop

  • Marcel-Hilgers_thyssenkrupp
    3:20 PM - 3:40 PM

    Marcel Hilgers, thyssenkrupp: Steel: Collaborative approaches for a resilient and sustainable supply chain for transformers (READ MORE)


    Marcel Hilgers, Head of Customers, Markets & Technology



    Marcel believes in listening to his customers and creating solutions to serve their true needs. With over 20 year experience in global steel business, and thereof more than 10 years serving the transformer industry, he now works intensely on the green transformation of both, steel and transformers.

    Marcel leads the sales, technical customer engineering and communications team at thyssenkrupp Electrical Steel – the European and Indian market leader in grain oriented electrical steel.

    His key priority today is to inform the electricity industry about options to decarbonize the grid and to form alliances across raw material suppliers, transformer makers and electric utilities.

  • Paola-Pachera
    3:40 PM - 4:00 PM

    Paola Pachera, Essex Italy Srl: Sustainability and Industrial Processes Efficiency: A Smart Legacy to the Future of Power Transformers (READ MORE)

    Essex Italy Srl

    Paola Pachera, Process Engineering Manager

    Speaker’s bio

    Paola Pachera graduated from the University of Padova in Italy with a degree in bioengineering in 2012. She gained her PhD in Industrial Engineering (Chemical, Materials, and Mechanical Engineering) from the same university in 2016. Until January 2017, she had a post-doctoral fellowship at the Centre for Mechanics of Biological Materials at the University of Padova. Until 2018, she was a process engineer at Sweden&Martina, working in the field of medical devices. She also worked as a process engineer at Livanova in the same field until June 2020. She worked and currently works as a process engineering manager at Essex Italy Srl in the field of energy.


    Presently, the common worldwide target for sustainable production is to reduce the environmental impact in terms of consumption, pollution, and emissions. This objective is particularly challenging for energy-intensive companies, such as CTC producers. From the extraction of raw materials (copper) to the entire supply chain and industrial processes, pollution is a significant concern, exacerbated by the long distances raw materials must travel.

    Essex Energy is committed to making our business more sustainable by utilizing alternative energy sources and working with recycled copper. Simultaneously, we are exploring multiple strategies to enhance the efficiency and performance of our production processes. Our aim is to reduce the energy required per kilogram for the production of our finished products.

    We are also actively developing smart and innovative industrial processes that optimize CTC design. These innovations enable us to offer high-performance products with reduced environmental impact. By using less energy, fewer solvents, and generating fewer emissions, we can provide our customers with a greener choice.

  • QU by Mario Sandoval
    7:30 PM

    Gala dinner (READ MORE)

    Qu by Mario Sandoval is a culinary gem nestled in Madrid, Spain, offering a unique dining experience.

    Renowned chef Mario Sandoval combines traditional Spanish flavors with modern techniques to create innovative dishes.

    Guests can expect a gastronomic journey through carefully crafted tasting menus that highlight seasonal ingredients and bold flavors.

    With its elegant ambiance and impeccable service, Qu by Mario Sandoval promises a memorable dining adventure for food enthusiasts seeking culinary excellence

  • 9:00 AM - 9:20 AM

     Luiz Cheim, HITACHI ENERGY: Machine Learning Algorithms in the Transformer Industry

  • Jong-Geon-Lee
    9:20 AM - 9:40 AM

    Dr. Jong-Geon Lee, KEPCO: A progress of AI based nationwide condition monitoring and diagnosis system in KEPCO (READ MORE)


    Dr. Jong-Geon Lee, Senior researcher at Transmission & Substation Laboratory


    The advancement of AI technology is accelerating automation across various industries. In power system operations, the appropriate utilization of AI has become a significant issue, particularly in addressing traditional concerns such as equipment failures. In this regard, KEPCO also promotes introducing a nationwide monitoring system with an AI based diagnostic algorithm to prevent transformer failures. It provides opportunities for adequate wide-area condition monitoring and diagnosis of transformers with high reliability, thereby minimizing human errors and deriving optimal fault prevention and recovery solutions. This presentation deals with the development progress, application, and plans related to automated condition monitoring and diagnostic technology in KEPCO.


    Jong-Geon Lee has worked for KEPCO Research Institute (KEPRI) for eight years as a senior researcher on condition monitoring technologies for substations and fault investigation. His main achievements are developing a comprehensive substation condition monitoring system applied to KEPCO substations and its evaluation test technologies. Before joining KEPRI, he received a Ph.D. in Electrical Engineering from Hanyang University in 2017.

  • Jean Sanchez
    9:40 AM - 10:00 AM

    Jean Sanchez, EDF / David Gopp: FRA winding type field cases and automatic classification using AI (READ MORE)


    Jean Sanchez, Senior transformer engineer


    Artificial intelligence is a very powerful tool to bundle expert knowledge into algorithms. This helps in providing expert knowledge on demand. In the further course, the authors want to give some examples of how powerful AI in the analysis of SFRA curves and checking the quality and validity already is. Furthermore, a proposal for the sub-band separation is discussed, and some field cases are presented.


    Jean Sanchez is a senior transformer engineer at EDF, a French main generation utility, mostly on investigations, tests and their associated diagnosis, FAT, HV bushings, and fleet assessments. He acquired a PhD in power transformer fault diagnosis in 2011, with a French power transformer reparation factory.


    9:40 AM - 10:00 AM

    David Gopp / Jean Sanchez, EDF: FRA winding type field cases and automatic classification using AI (READ MORE)

    David Gopp


    Artificial intelligence is a very powerful tool to bundle expert knowledge into algorithms. This helps in providing expert knowledge on demand. In the further course, the authors want to give some examples of how powerful AI in the analysis of SFRA curves and checking the quality and validity already is. Furthermore, a proposal for the sub-band separation is discussed, and some field cases are presented.


    David Gopp graduated with a master’s degree in power engineering and energy management from the University of Applied Sciences in Dornbirn in 2019. He started his professional career as a working student at OMICRON electronics in software as well as hardware development.

    He then worked for two years as a technical support and applications engineer at OMICRON electronics, where he specialized in the evaluation and diagnosis of power transformers and instrument transformers. Since January 2020, he has been responsible for sweep frequency response analysis in product management.


  • Sruti Chakraborty
    10:00 AM - 10:20 AM

    Sruti Chakraborty, OMICRON electronics UK: A digital twin perspective on AI-driven winding fault analysis in transformer (READ MORE)

    OMICRON electronics UK

    Sruti Chakraborty, Product Manager


    With a surge in grid digitalization, there is a huge influx of transformer data that may enable real-time analysis or feedback on the state and condition of the asset envisioning the reality of digital twins. While replicating the physical asset, artificial intelligence (AI) has also come a long way in delivering various asset centric needs such as fault detection and failure mode analysis using complex tests such as SFRA in transformers. Digitalization is incomplete without reliability and sustainability that ultimately drive investment decisions for key stakeholders. Therefore, this paper shares various examples on AI driven transformer winding fault analysis, test validation, and result interpretation that will enable transformer digital twins to provide a more nuanced approach towards predictive analytics.


    Sruti Chakraborty is a chemical engineer with a PhD in transformer moisture dynamics from the Malaviya National Institute of Technology Jaipur (India) in 2017. She found her motivation in the field of transformer monitoring and diagnostics as a working student at Crompton Greaves Ltd (Mumbai)  in 2011. At the time, her research was focused on ageing character of transformer dielectric insulation. After her doctoral studies she supported Seetalabs SRL as a co-founder, consultant, and subject matter expert for AI-driven transformer health indexing solution. Since February 2024, she is a part of the product management team in OMICRON electronics and is responsible for sweep frequency response analysis.



  • Q&A 3
    10:20 AM - 10:30 AM


  • coffee break
    10:30 AM - 11:00 AM

    Coffee break

  • Marin-Tomicic Siemens Energy
    11:00 AM - 11:20 AM

    Marin Tomicic, Siemens Energy: Transforming the Future: The Path to Sustainable, Efficient, and Robust Transformers (READ MORE)

    Siemens Energy

    Marin Tomicic, Head of Product Lifecycle Management for Power and Distribution Transformers

    Speaker’s bio

    Marin Tomicic serves as the Head of Product Lifecycle Management for Power and Distribution Transformers at Grid Technologies, a division of Siemens Energy. This role sees him leading the development and execution of product strategies across the transformer portfolio. His responsibilities also encompass directing budget planning for R&D activities and initiating and prioritizing projects in line with the innovation strategy, which is based on both external and internal requirements.

    Marin began his career over two decades ago as a project manager for power transformer projects at the Nuremberg factory. From there, he progressed through a series of sales manager positions at the HQ and factories. As a sales manager for several regions over many years, he has amassed extensive experience in understanding customer specifications, motivations, and trends in both the market and technology.

    In recent years, sustainability has emerged as a key criterion for high voltage products. Driven by this trend, Marin is committed to developing technical solutions that not only meet customer needs but also contribute to the broader societal goals.

  • Tihomir-Jakovic
    11:20 AM - 11:40 AM

    Tihomir Jakovic, KONČAR – Electrical Engineering Institute: Navigating sustainability challenges (READ MORE)

    KONČAR – Electrical Engineering Institute

    Tihomir Jakovic, Head of transformer and switchgear monitoring solutions


    As KONČAR navigates the dynamic landscape of sustainability, we face multifaceted challenges in effectively managing resources to secure a sustainable future. This presentation explores the intricate relationship between sustainability, company operations, and resource investment. By examining the current challenges and opportunities, we focus on how to integrate sustainable practices into their operations. Furthermore, we outline the crucial role of strategic resource investment in addressing sustainability challenges and fostering long-term viability.

    Speaker’s bio

    Tihomir is a seasoned engineer with over a decade of experience in the fields of R&D and product development. Within his current position at KONČAR – Electrical Engineering Institute he is involved in designing and delivering customized solutions to customers around the globe.

  • Q&A 3
    12:00 PM - 12:10 PM


  • Lunch break
    12:10 PM - 2:10 PM

    Lunch break

  • 2:10 PM - 3:20 PM

    Artificial Intelligence - workshop

  • Eden Tang
    3:20 PM - 3:40 PM

    Eden Tang, Qingdao Yunlu Advanced Materials Technology Co., Ltd: Amorphous material solution to the sustainability and carbon neutral (READ MORE)

    Qingdao Yunlu Advanced Materials Technology Co., Ltd.

    Eden Tang, Overseas marketing manager of eastern Europe and Australia


    Eden Tang will be representing Qingdao Yunlu Advanced Materials Technology Co., Ltd. giving a speech on the “Amorphous material solution to the sustainability and carbon neutral”, amorphous material is an advanced and innovative soft magnetic materials, which has been widely used in power distribution, distribution transformer installed with Amorphous core has a lot of advantages over CRGO: Much lower loss, longer service life, better harmonic resistance.

  • Prado museum
    5:15 PM

    A visit to the Prado museum! (READ MORE)

    This year we will visit the greatest art museum in the world, the Prado Museum!
    The Prado Museum, located in Madrid, Spain, is one of the most renowned art museums in the world. It houses an extensive collection of European art, with works dating from the 12th century to the early 20th century. Founded in 1819, the museum’s collection includes masterpieces by artists such as Velázquez, Goya, El Greco, and Titian.

    One of its most famous paintings is Diego Velázquez’s “Las Meninas,” which is considered one of the greatest masterpieces in Western art.

    The museum’s collection spans various styles and periods, including Renaissance, Baroque, and Romanticism. Visitors can admire iconic works like Francisco Goya’s “The Third of May 1808” and Hieronymus Bosch’s “The Garden of Earthly Delights.”

    The building itself is a work of art, with its neoclassical design and grand halls.

    It’s a cultural hub where art enthusiasts can immerse themselves in the rich history and beauty of European art. The museum’s collection continues to grow through acquisitions and donations, ensuring that future generations can appreciate these treasures.

    With over 3 million annual visitors, the Prado Museum remains a must-visit destination for art lovers from around the globe.

    Its influence extends beyond the walls of the museum, shaping the cultural landscape of Madrid and beyond.

    For more information visit: https://www.museodelprado.es/en/museo

    Looking forward to seeing you in Madrid!


  • Mladen Banović
    9:00 AM - 9:20 AM

    Mladen Banovic, Transformers Magazine: Investments 2024 - Outlook to 2033

  • 9:20 AM - 9:40 AM

    Giuseppe Petrelli & Miguel Oliva, HITACHI ENERGY: Scaling the Transformers value chain into New Heights: Investments, Technology, People

  • 9:40 AM - 10:00 AM

    Ulrich Voss / Rolf Fluri, R&S Group: Status of Sustainability and Digitalization in Cast Resin Transformers (READ MORE)

    R&S Group

    Ulrich Voss, Group CSO


    Sustainability and Digitalisation in Transformer Industry is a famous topic everybody is talking about. A lot of activities and initiatives are ongoing – with a lot of focus on Large and Medium Power Transformers.

    Less in focus are Distribution Transformers – Oil and Cast Resin.
    Tesar Italy, as part of R&S Group producing Cast Resin Transformers, developed a product called EcoPlus2030. The newly designed Cast Resin Transformers significantly reduce the quantity of CO2 emissions compared to the existing European Tier2 regulation for Eco Design and follow the new European directives to meet 2030 targets.

    With this development, we are one of the frontrunners in Cast Resin Transformer business and the presentation will give some detailed information about EcoPlus2030 regarding CO2 Reduction, Circular Economy etc.


    Since 2023, Ulrich Voss has been the CSO of the R&S Intenrational Holding AG.

    Prior to that, Mr. Voss was VP Sales in SGB SMIT GmbH leading the Sales of the Power Transformer Portfolio after 6 years as Head of Sales and Projects in SGB Regensburg Medium Power Transformers.

    In 2015, Mr. Voss was the Head of Siemens Energy Division in Saudi Arabia located in Riyadh/Saudi Arabia.

    His previous career steps in Siemens Transformer Business include the function of VP Global Sales Europe & Middle East, Vice President Global Sales & Strategy (BA) Transformers, and other Sales functions in Siemens Transformer Business.

    Earlier, he worked for Siemens Industry as Industry/Water Technology Sales for Region Near & Middle East/Sub-Saharan Africa in Erlangen and Berlin and in parallel as Business Development Manager for the Region Near & Middle East.

    Mr. Voss started his career in 1994 in Siemens Transformer factory Nuremberg as Project Manager and Key Account Sales.

    Educational background

    University Degree at Friedrich-Alexander University Erlangen-Nuremberg/Germany in Electrical Engineering Studies in 1994.

  • 9:40 AM - 10:00 AM

    Rolf Fluri / Ulrich Voss, R&S Group: Status of Sustainability and Digitalization in Cast Resin Transformers (READ MORE)

    R&S Group

    Rolf Fluri,  Group CTO


    Sustainability and Digitalisation in Transformer Industry is a famous topic everybody is talking about. A lot of activities and initiatives are ongoing – with a lot of focus on Large and Medium Power Transformers.

    Less in focus are Distribution Transformers – Oil and Cast Resin.
    Tesar Italy, as part of R&S Group producing Cast Resin Transformers, developed a product called EcoPlus2030. The newly designed Cast Resin Transformers significantly reduce the quantity of CO2 emissions compared to the existing European Tier2 regulation for Eco Design and follow the new European directives to meet 2030 targets.

    With this development, we are one of the frontrunners in Cast Resin Transformer business and the presentation will give some detailed information about EcoPlus2030 regarding CO2 Reduction, Circular Economy etc.


    Rolf Fluri has been CTO of R&S International Holding AG since February 2015. Until March 2018, Rolf also headed the technical department of Rauscher & Stöcklin AG in Sissach and was a member of the management team of Rauscher & Stöcklin AG.

    Rolf previously worked at Trench Switzerland AG in Basel, a former subsidiary of Siemens Schweiz AG, initially as deputy head of development for instrument transformers (2006 – 2013) and later as head of development for instrument transformers (March 2013 – January 2015).

    Educational background:

    2009 Executive MBA, SUPSI

    2003 Diploma in Industrial Engineering NDS, FFHS Brig

    1991 Dipl.-Ing. Electrical Engineer HTL, Brugg-Windisch and Biel

    Other activities and vested interests:

    Member of IEC working groups IEC TC10/MT22 and IEC TC38/JWG56 and member of IEEE Switzerland Section

  • 10:00 AM - 10:20 AM

    Juan Miguel Muñoz, Ormazabal: Key factors in ensuring transformer supply chain in Europe (READ MORE)


    Juan Miguel Muñoz, Industrial Technical Engineer by ICAI


    In a world like the present one, it will increasingly become more complex to succeed in the path of decarbonization, ensuring the continuous increase in electrical demand, strengthening our infrastructures, and securing the supply capacity of the equipment comprising the current and future electrical grid.

    In this presentation, we will provide some key insights into elements that we consider may impact the transformer supply chain, in order to achieve success in a competitive and sustainable manner in the future.



    Juan Miguel Muñoz has been the Head of Transformers division at Ormazabal since 2019. He has held different responsibilities during his 25 years at the company. Chronologically: Technical-Sales team, Central Spain regional manager, Services and solutions department manager, Spain Sales Manager.

    He has a master’s degree in marketing and commercial management by ESIC.



  • Q&A 3
    10:20 AM - 10:30 AM


  • Coffee break 2
    10:30 AM - 11:00 AM

    Coffee break

  • Julia-Daeumer_SGB-SMIT
    11:00 AM - 11:20 AM

    Julia Däumer, SGB-SMIT: Transforming together the future of energy (READ MORE)


    Julia Däumer, Business Development


    Reliability, efficiency, and affordability in transformer technology are the core topics at SGB-SMIT Group. In this discussion, we will explore how building robust and enduring relationships supports the transition to renewable energy alternatives while ensuring a safe and steady energy supply. At SGB-SMIT, we address the importance of precision in navigating market trends and how aligning with United Nations values can drive sustainable progress. The aim is to contribute to a transformative dialogue shaping the future of energy solutions.


    Since 2022, Julia Däumer has been heading Business Development at SGB-SMIT Group. In her role she is driving SGB-SMIT’s sustainability endeavors and growth strategy. With over fifteen years of experience in the energy sector and a degree in mathematics and economics, she is dedicated to achieving sustainable progress through concrete and measurable actions. Contributing four years to SGB-SMIT’s successful work as a supply chain manager in the power transformer sector, she truly understands the significance of sustainability and the collaborative efforts necessary to advance the energy transition.

  • 11:20 AM - 11:40 AM

    Dollinger, Frédéric, HAEFELY AG: Transformer testing

  • Luka-Kovacic
    11:40 AM - 12:00 PM

    Luka Kovacic, KONČAR – Instrument Transformers: Setting new benchmarks in sustainable transformer manufacturing (READ MORE)

    KONČAR – Instrument Transformers

    Luka Kovacic, Electrical design engineer


    The presentation will demonstrate a multi-faceted approach to reducing carbon footprint of high voltage instrument transformers. The approach will entail the use of novel materials, namely biodegradable insulating liquids, supply chain optimization, both in terms of transport and raw material procurement and manufacturing process optimization. The impact of each of these aspects will be demonstrated. The approach will be showcased on a new product type, a combined current power voltage transformer type SVE, which is aimed at rural electrification application to bring carbon-neutral energy to the people who need it the most.

    Speaker’s bio

    Luka Kovačić is an electrical engineer with over 9 years of experience. He is currently working in KONČAR – Instrument transformers as an electrical designer. He holds a master’s degree from the Faculty of Electrical Engineering and Computing at the University of Zagreb, with a focus on electric machines and drives, power electronics and automation. He is currently enrolled in a postgraduate specialist programme „Transformers“ at the same faculty. His area of interest within the company product scope are reactors, power voltage transformers inductive and capacitive voltage transformers, as well as transformer faults and failure mode analysis.

  • Q&A 3
    12:00 PM - 12:10 PM


  • Lunch break 2
    12:10 PM - 2:10 PM

    Lunch break

  • 2:10 PM - 3:50 PM

    Chatham House rule meeting (READ MORE)

    Chatham House Rule Meeting

    We are excited to announce that during the upcoming conference, an exclusive, invitation-only meeting will be conducted following the esteemed Chatham House Rule.

    This rule, widely recognized and respected, ensures confidentiality while fostering open and candid discussions. Participants can freely exchange ideas and opinions without the fear of attribution or disclosure, creating a conducive environment for meaningful dialogue.

  • 3:50 PM - 4:00 PM



Conference packages

Attendance fee - Full price


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Location: ILUNION Pío XII Hotel, Madrid, Spain


Email: events@merit-media.com