• Mail
  • LinkedIn
  • Facebook
  • Twitter
  • Youtube
  • Rss
  • IESE Business School
  • Contact us
  • English
    • Español
  • English English English en
  • Español Español Spanish es
MBA
Industry Meetings
  • IESE DIFFERENCE
  • C-SUITE & SENIOR EXECUTIVES
    • Global CEO Program
    • Advanced Management Program (AMP)
    • Programa de Alta Dirección de Empresas (PADE)
    • Programa de Dirección General (PDG)
    • Transformación digital. Programa de Alta Dirección
  • FUNCTIONAL DIRECTORS
    • Program for Management Development (PMD)
    • Business Acceleration Program (BAP)
    • Programa de Desarrollo Directivo (PDD)
  • COMPETENCIES & SECTORS
    • Focused Programs
    • Industry Meetings
    • Public and Social Sector Programs
    • Online Programs
  • COMPANIES
    • Custom Programs
  • PROGRAM FINDER
  • Menu
  • WHO IS WHO
  • MAIN THEMES
  • PROGRAM
  • INDUSTRY INSIGHTS
  • PREVIOUS EDITIONS

Nonlinear: that’s one way to describe the path of the global energy system. It has been defined by permanent interactions that comply with Newton’s laws of motion: i. the acceleration of change is directly proportional to the vector sum of forces exerted on the system and inversely proportional to its size; ii. systems tend to maintain the status quo or state of inertia; and iii. the action-reaction principle: for every action, there is always an opposite and equal reaction.

The current transition is full of turning points, contrasts and subtle nuances. In terms of climate change, the United States’ withdrawal from the Paris Agreement (COP 21) is the surprise with the most impact. Paradoxically, corporate America, including the major oil companies, is against this move. Also surprising was China’s defense of global free trade (Davos 2017) and the shift to a low-carbon society, thus closing ranks with the European Union.

It is also paradoxical that Germany is achieving its goals in terms of the market penetration of renewables, but has been unable to meet its targets for reducing carbon emissions. This is because the early gradual shutdown of its nuclear facilities is forcing the Germans to build up considerable coal power. The oddly antagonistic splits of RWE and E.ON in 2016 also deserve attention. Are these phenomena the signs of deep-seated changes in business models in preparation for the Utility of the Future? While Germany is shutting down its nuclear power plants, the United Kingdom is now implementing its own ambitious nuclear program that will enable it to gradually close down the 15 plants currently in operation and replace them with 14 GW of new nuclear generating capacity by 2035.

In terms of the energy transition, electricity systems are currently making progress toward decarbonization based on viable road maps using competitive, non-emitting technologies. This naturally forces us to address other emissions not related to electricity production and to face the real challenge of the decarbonization of transport and the reduction of our society’s energy intensity. This should be done without reducing current performance levels and by taking advantage of the enormous potential of energy efficiency, which could represent the leading source of primary energy supply compared to the present situation.

Other relevant matters requiring analysis include digitalization, which, along with disruptive technologies, is altering the status quo; regulation as an element that establishes order and drives the changes that are placing the consumer at the center of the system; geopolitics, with a special look at lithium and cobalt; and the prices and taxation of energy and coal, which are the most accurate indicators of the relevant matters in this situation.

In summary, these points provide a glimpse of part of the current energy system, which is going through profound changes driven by forces of renewal and transition. The following points will be discussed at our 15th Energy Industry Meeting:

  • Climate change
  • Digitalization
  • Regulation
  • Geopolitics
  • Prices and taxation of energy and coal

The 15th Energy Industry Meeting, which features the theme Game Changers in the Global Energy System and is organized in partnership with Deloitte, seeks to reflect on how best to tackle the transformation of the energy system. To achieve this, relevant figures from the business world, experts and academics, along with energy policy makers and regulators at the Spanish, European and global level, will provide a coherent, well-ordered analysis of the topics that are shaping the global energy transition.

FEBRUARY 7, 2018

IESE Madrid
Camino del Cerro del Águila, 3
28023 Madrid

JOIN US

CAN WE HELP YOU WITH THIS MEETING?

IESE Industry Meetings
tel: +34 93 253 43 36

Who is who

Juan Luis López Cardenete
https://www.iese.edu/faculty-research/faculty/juan-luis-lopez-cardenete/

Juan Luis López Cardenete

Academic Director of the Meeting, IESE Business School

Academic Director

Industry Meetings
Jesús Navarro

Jesús Navarro

Partner, Deloitte Spain and Coorganizer

Coorganizer

Industry Meetings
Luis Aires

Luis Aires

BP España y Portugal

Speaker

Industry Meetings
Alberto Amores

Alberto Amores

Deloitte

Speaker

Industry Meetings
Ignacio Araluce

Ignacio Araluce

Foro Nuclear

Speaker

Industry Meetings
Luis Atienza

Luis Atienza

ExPresident, REE

Speaker

Industry Meetings
Mariano Bacigalupo

Mariano Bacigalupo

UNED

Speaker

Industry Meetings
Rafael Borge

Rafael Borge

UPM

Speaker

Industry Meetings
Julio Castro

Julio Castro

Iberdrola Group

Speaker

Industry Meetings
José María Egea

José María Egea

Gas Natural Fenosa

Speaker

Industry Meetings
Gonzalo Escribano

Gonzalo Escribano

Real Instituto Elcano

Speaker

Industry Meetings
José Antonio Espí

José Antonio Espí

UPM

Speaker

Industry Meetings
Nemesio Fernández-Cuesta

Nemesio Fernández-Cuesta

ex Secretario de Estado de Energía

Speaker

Industry Meetings
Dr. Tomás Gómez San Román

Dr. Tomás Gómez San Román

Universidad Pontificia Comillas

Speaker

Industry Meetings
Arcadio Gutiérrez Zapico

Arcadio Gutiérrez Zapico

ENERCLUB

Speaker

Industry Meetings
Ricardo Klatovsky

Ricardo Klatovsky

IBM

Speaker

Industry Meetings
Pedro Linares

Pedro Linares

Universidad Pontificia Comillas

Speaker

Industry Meetings
Blanca Losada

Blanca Losada

Gas Natural Fenosa

Speaker

Industry Meetings
Vicente López-Ibor Mayor

Vicente López-Ibor Mayor

Estudio Jurídico Internacional

Speaker

Industry Meetings
Rafael Mateo

Rafael Mateo

Acciona Energía

Speaker

Industry Meetings
Pedro Antonio Merino

Pedro Antonio Merino

Repsol

Speaker

Industry Meetings
Pedro Mielgo

Pedro Mielgo

Nereo Green Capital

Speaker

Industry Meetings
Marina Serrano

Marina Serrano

UNESA

Speaker

Industry Meetings
Felipe Requejo

Felipe Requejo

Deloitte

Speaker

Industry Meetings
Carlos Sallé

Carlos Sallé

Iberdrola

Speaker

Industry Meetings

Main themes

Climate Change: Implementing the Paris Agreement and the advances made in subsequent climate conferences will be a topic for reflection, as will the United States’ withdrawal from the agreement in contrast to the commitment from China and the European Union. The transition toward a low-carbon economy will have to be adapted to and defined for each country.

Digitalization: This transition also includes the digital shift in the energy industry, which, along with new technologies and innovations, is altering the status quo. New disruptive technologies on both the supply and demand sides indicate hopeful signs of progress in terms of competitiveness and functional performance.

Regulation: The Europe Union’s Winter Package of climate legislation and Spain’s new law on energy transition. Another topic for debate will be the decisions being prepared on energy policies (coal and nuclear power, taxation, new electricity auctions).

Geopolitics: The energy industry is particularly sensitive to geopolitical issues and the evolution of international relations in terms of many different perspectives, conflicts, member states, regional organizations and geography. Furthermore, the near future could bring restrictions in the supply of strategic minerals such as lithium and cobalt. The geopolitics of lithium, cobalt and other raw materials deserve special attention. The risk of the cartelization of supply. Decision-making on nuclear energy and oil is another point to be considered in the transition policies being adopted by member states.

Prices and Taxation of Energy and Carbon: Wishful thinking is not enough to make progress with decarbonization goals. It is essential for cost indications to emerge, either through carbon pricing or the carbon tax, so the demand side can play its indispensable role. Climate change policies implemented thus far have tended to demonize the supply side and treat the members of the demand side like children, despite the fact that demand is largely responsible for the supply on offer.

Program

08.30–09.00 Reception of participants and Registration
09.00–09.30 OPENING SESSION
• Prof. Juan Luis López Cardenete, Academic Director of the Meeting, IESE Business School
• Jesús Navarro, Partner, Deloitte Spain and Coorganizer
09.30–11.00 CLIMATE CHANGE
  Implementing the Paris Agreement and the advances made in subsequent climate conferences will be a topic for reflection, as will the United States’ withdrawal from the agreement in contrast to the commitment from China and the European Union. The transition toward a low-carbon economy will have to be adapted to and defined for each country.

Moderator: Alberto Amores, Leading Partner of the E&R Corporate Strategy Practice, Monitor Deloitte
Lecturer: Prof. Pedro Linares, Universidad Pontificia Comillas
Speakers:
• Prof. Rafael Borge, Department of Chemical and Environmental Engineering, Technical University of Madrid
• Rafael Mateo, CEO, Acciona Energy
• Carlos Sallé, Energy Policies and Climate Change Director, Iberdrola

11.00–11.30 Coffee Break
11.30–13.00 GEOPOLITICS
  The energy industry is particularly sensitive to geopolitical issues and the evolution of international relations in terms of many different perspectives, conflicts, member states, regional organizations and geography. Furthermore, the near future could bring restrictions in the supply of strategic minerals such as lithium and cobalt. The geopolitics of lithium, cobalt and other raw materials deserve special attention. The risk of the cartelization of supply. Decision-making on nuclear energy and oil is another point to be considered in the transition policies being adopted by member states.

Moderator: Prof. Juan Luis López Cardenete, IESE Business School
Lecturer: Prof. Gonzalo Escribano, Director, Energy Program, The Elcano Royal Institute
Speakers:
• Luis Aires, Executive President, BP Spain & Portugal
• Ignacio Araluce, President, Spanish Nuclear Forum
• Prof. José Antonio Espí, UPM

13.00–13.15 Break
13.15-14.45 PRICES AND TAXATION OF ENERGY AND CARBON
  Moderator: Jesús Navarro, Partner, Deloitte Spain
Lecturer: Nemesio Fernández-Cuesta, Former State Secretary for Energy
Speakers:
• Julio Castro, Executive Vice President Regulation, Iberdrola Group
• José María Egea, Managing Director of Energy Planning, Gas Natural Fenosa
• Pedro Antonio Merino, Chief Economist, Repsol
14.45–16.00 Lunch
16.00–17.15 REGULATION
The Europe Union’s Winter Package of climate legislation and Spain’s new law on energy transition. Another topic for debate will be the decisions being prepared on energy policies (coal and nuclear power, taxation, new electricity auctions).

Moderator: Marina Serrano, President, UNESA
Lecturer: Vicente López-Ibor Mayor, President, Estudio Jurídico Internacional
Speakers:
• Luis Atienza, ExPresident, REE
• Prof. Mariano Bacigalupo, Professor, UNED and Member of the Board, CNMC
• Pedro Mielgo, President, NGC Partners

17.15–17.30 Break
17.30–18.45 DIGITALIZATION: TRANSFORMATION AND CHALLENGES
This transition also includes the digital shift in the energy industry, which, along with new technologies and innovations, is altering the status quo. New disruptive technologies on both the supply and demand sides indicate hopeful signs of progress in terms of competitiveness and functional performance.

Moderator: Arcadio Gutiérrez Zapico, General Director, Enerclub
Lecturer: Dr. Tomás Gómez, Professor, Universidad Pontificia Comillas
Speakers:
• Ricardo Klatovsky, Global Sales and Solutions Leader, Energy & Utilities Industry, IBM Corporation
• Blanca Losada, Chief Technology & Engineering Officer, Gas Natural Fenosa
• Felipe Requejo, Partner, Global Leader Power & Utilities Sector, Deloitte

18:45–19:15 CLIMATE, GEOPOLITICS, MARKET, TECHNOLOGY AND REGULATION IN THE ENERGETIC TRANSITION
Debate with participants around the core ideas discussed during the conference

Moderators:
• Prof. Juan Luis López Cardenete, IESE Business School
• Jesús Navarro, Deloitte Spain

Industry Insights

2018 – Game Changers in the Global Energy System

Download in Spanish only

2015- The future of energy: who calls the shots?

Download in English
Download in Spanish

Quo vadis, Europe? Shedding light on an energy policy beyond the electrical sector reform

Download in English
Download in Spanish

Previous Editions

2017 · Energy Architecture in Transition
2016 · Human Well-being, Growth and Energy Access: New Governance for a Unique Challenge
2015 · The Future of Energy: Who Calls the Shots?
2014 · Quo Vadis, Europe? Shedding Light on an Energy Policy beyond the Electrical Sector Reform
2013 · A New Energy Policy as a Global Paradigm Shift Emerges
2011 · The Impact of the Energy Policy on the Sector’s Competitiveness
2009 · A Debate on the Spanish Energy Sector
2004 · Energy Liberalization and Consolidation in Europe
2002 · A Shift Towards the Convergence of Energy Markets
2000 · Mergers and Strategic Alliances: The Creation and Conquest of the Future

  • IESE Business School
    University of Navarra
  • Sao Paulo
    (+55) 11 3177 8200
  • Barcelona
    (+34) 93 253 42 00
  • Madrid
    (+34) 91 211 30 00
  • München
    (+49) 89 24 20 97 90
  • New York, NY
    (+1) 646 346 8850
IESE Busines School
MASTERS
Master in Management
Full Time MBA
Executive MBA
Global Executive MBA
EXECUTIVE EDUCATION
Global CEO
Global CEO Africa
AMP
PMD
DLP
PADE
PDG
PDD
Custom Programs
Focused Programs
Industry Specific Programs
Industry Meetings
PHD
Why IESE?
Admissions
What People Say
Academic Success
Living in Barcelona
FACULTY & RESEARCH
Research at IESE
Faculty
Departments
Research Centers
Chairs
Learning Methodologies
Master of Research in Management
Library
IESE Insight >
IESE Publishing >
ALUMNI
Home
Learning
Networking
Professional Development
Exclusive Benefits
About The Association
My Profile
COMPANIES & RECRUITERS
IESE, a Partner for Your Business
Recruit IESE Talent
Supporting Startups
Industry Based Initiatives
ABOUT IESE
Who We Are
School Leadership
Alliances
Support IESE
Loans and Scholarships
Our Campuses
Coming to IESE?
News
University of Navarra >
IESE Business School University of Navarra
  • Mail
  • LinkedIn
  • Facebook
  • Twitter
  • Youtube
  • Rss
  • Intranet
  • Legal Notice
  • Privacy Policy
  • Accessibility
Scroll to top