Frank Mastiaux

EnBW AG

Chief Executive Officer & Chairman of the Board

Dr. Frank Mastiaux is CEO and Chairman of the Board of Management for EnBW Energie Baden-Württemberg AG, the largest integrated utility in Germany. During the nearly two decades Dr. Mastiaux has served as Chairman of the Board at EnBW, he has overseen a broad portfolio of corporate strategy and development, and it is under his leadership that EnBW set forth an ambitious target to reach 100% climate neutrality by 2035, including a systems wide energy switch since 2013. In 2020, Dr. Mastiaux was awarded Energy Manger of the Year, a testament to his commitment and strategic vision to transform ENBW into a global leader in clean energy. Dr. Mastiaux began his professional career in 1993 at Veba Oel AG. As part of a foreign assignment, he worked at CITGO Petroleum Corp in the USA. After the merger of Veba Oel AG and ARAL AG, he served as managing director of ARAL Mineralöl-Vertrieb GmbH. Following the takeover of the Veba Oel/Aral Group by BP p.l.c., Mastiaux held various management positions in the BP Group in London, and board positions in the E.ON Group. He holds a doctorate in chemistry from University of Duisburg.

SESSIONS WITH Frank Mastiaux

Thursday, 4 March

  • 09:10am - 09:40am (CST) / 04/mar/2021 03:10 pm - 04/mar/2021 03:40 pm

    Plenary

    Pathways to Net Zero in the Power Sector

    Panel Power & Renewables Clean Tech Energy Transition/Climate & Sustainability Decarbonization Pathways
    Thanks to technology advances, cost reductions, and climate policies, the power generation sector in Europe and North America has been a leader in reducing emissions. But fossil-fuel power generation is still growing in Asia. Will it be economic to replace coal with gas in Asia? And could carbon capture, use, and sequestration (CCUS) extend the life of fossil plants? Could digitization and carbon pricing allow step-function improvements in demand management and efficiency? Breakthroughs in battery storage have the potential to smooth the intermittency of wind and solar; and modernization and digitization would make the electric power grid more resilient. Does this mean that generating 100% of electrical power from renewables is realistic or desirable? Might smaller, safer, cheaper, and more socially acceptable reactors enable a “new nuclear” renaissance? And what role might hydrogen play in the long run?