Alfred Stern

Alfred Stern has been the Chairman of the Executive Board and Chief Executive Officer of OMV AG since September 2021. Under the purpose of re-inventing essentials for sustainable living, OMV is transitioning to become an integrated sustainable chemicals, fuels and energy company, with a focus on circular economy solutions. Prior to joining the OMV Group in April 2021 as a Board Member for Chemicals and Materials, he had been the CEO of Borealis since July 2018. During his tenure of 14 years, Stern held a series of other executive positions at Borealis, latterly as a Board Member for Polyolefins and Innovation & Technology. He started his career at DuPont de Nemours, leading to extensive international experience in Switzerland, Germany, and the US across the spectrum of Research and Development, Sales and Marketing, and Quality and Business Management. Stern studied at the Montanuniversität Leoben in Austria. He holds a PhD in material science and a Master in polymer engineering and science.

Session Overview

Monday, 4 November

All Sessions

16:15

Strategic Conference Conference Room B 16:15 - 17:00

Priorities for the energy sector: AI, climate technology and new energy sources

The direction of travel for the global energy sector is clear, delivering affordable, secure, sustainable energy supply which in turn will require the energy ecosystem to evolve and incorporate new energy sources and new business models. Existing technologies, skills and operating processes will need to be transformed to ensure the market position of energy companies in a transformed energy system. Energy businesses are uniquely tasked with both implementing their own AI agendas and responding to the sharp increase in power demand created by AI and data centre development. A focus on investment in R&D, project development, scalability, and infrastructure build-out will be needed to keep pace. What strategies should energy producers and suppliers adopt to build bespoke energy mixes creating flexibility for nations and regions aligned with the priorities and pathways to net-zero?

Attendee insights:

Hear from industry leaders on the strategies being put in place to modernise companies and lead in a time of constant change and new economic environments.