Peter Terium, CEO of ENOWA, will lead the Advisory Board of the Zero Emissions Traders Alliance (ZETA), helping to realize its mission and expand corporate membership.
Vienna, 14 October 2024: The Zero Emissions Traders Alliance (ZETA), founded in 2023 by Paul van Son and Jan Haizmann, held its first gathering today with early-mover companies under the leadership of newly appointed Chairman Peter Terium. ZETA serves as a platform that unites forward-thinking leaders in energy commodity markets, committed to paving the way for clean energy trading. Through open discussions, collaboration, and advocacy, ZETA addresses key issues of swiftly contributing to low, zero, or sub-zero greenhouse gas emissions. The initial focus will be on trading clean energy products in the Middle East and North Africa (MENA), gradually expanding globally.
Peter Terium, a veteran in the energy sector and CEO of ENOWA, met with 10 early-mover companies at ZETA’s inaugural event. He emphasized his commitment to advancing ZETA’s mission of promoting the production and trade of energy and related green and carbon attributes. Terium, who is leading NEOM’s ambitious project to build a 100% renewable energy, sustainable water, and food system in Saudi Arabia, highlighted the importance of preparing the markets for climate neutrality while maintaining high standards of security of supply and affordability. In this context, ZETA and public stakeholders are discussing the possibilities for a clean energy hub in the MENA region.
The meeting also marked the first session of ZETA’s ‘Standardization Working Group,’ where participants discussed the development of standardized hydrogen and hydrogen derivative contracts.