FEBRUARY 19-20, 2020
IESE Madrid
Camino del Cerro del Águila, 3
28023 Madrid
In the fight against climate change, there are different priorities to be considered simultaneously, from global public governance, mechanisms and incentive systems, technologies, innovations, resources, and the key participation of citizens. All this must be accompanied by economic growth and general well-being while providing the clean energy required.
These issues will be the main topic of 17 Energy, with a special emphasis on the field of innovations and technologies. We will discuss the energy transition and an industry in transition because all these topics involve unprecedented changes in the entire energy value chain and its different subsectors.
The COP 21 Climate Change Meeting in Paris in 2015 was a global success because of the consensus reached, as well as the ambition and drive to activate a climate governance mechanism that should make it possible to reduce greenhouse gas emissions. The consensus required now seems harder to reach than in 2015. However, subsequent climate change conferences held in Marrakesh, Bonn and Katowice contributed notable advances toward setting up the processes required for this new climate governance.
In this transitional context, the debate on the model of mechanisms and incentives to be chosen will be of key importance. The essence of the debate is whether a top-down or bottom-up model should be established and although it is not a new one, the outcome in this case will strongly affect the decisions made and the development of this global commitment to climate change.
All of this will be impossible if we do not have the technology we need with the required level of technological and commercial maturity to transform our current industrial and energy systems. The importance of this matter can be demonstrated by asking just a few questions: Do we have the technology to provide air and sea transport without emitting greenhouse gases (GHGs)? Do we have the technology to do without steel, cement and glass by 2050? What role will hydrogen play?
The International Energy Agency’s 2018 “Tracking Clean Energy Progress” indicates that of the 37 key clean energy technology families for decarbonization corresponding to power, buildings, transport, industry and energy integration, only four have reached the level of advanced maturity required for mass deployment. Another 10 are in a stationary state without displaying any progress indicating future use.
Fortunately, we already have some renewable technologies (solar photovoltaic systems and onshore wind farms, among others), which will help us virtually decarbonize electricity. There are also spectacular advances with high-density electrical storage that look very promising for the electrification of land transport. In addition, a new ecosystem is emerging of entrepreneurial and startup projects, with public policies at the European level to drive and support innovation in sustainable energy, with companies leading the way, and support for R&D by creating new business and investment models.
This energy transition and industry in transition will certainly consume considerable financial resources in net terms. And this is no minor issue because problems of scarcity are well known in economic history and can provide myriad opportunities for costly errors. Disregarding economies of scale, learning economies of scale and network economies of scale will further raise the price of this long, intense process of change, climate transition, and renewal and transformation of an entire industry.
Finally, it is important to bear in mind that this energy transition, unlike previous ones, must go further and work faster than technological and market forces are able to accomplish on their own. Social acceptance and the essential role of citizens in this process call for a basic understanding of just how much citizens are required, as well as the need for fairness in the distribution of costs. That is why public policy and civil society must therefore play an essential role in the final outcome of this transition.
We look forward to discussing all these matters at the 17 Energy Industry Meeting organized jointly with Deloitte and with the collaboration of Innoenergy.
IESE Madrid
Camino del Cerro del Águila, 3
28023 Madrid
IESE Industry Meetings
tel: +34 93 253 43 36
Academic Director
Coorganizer
| 16:00-16:30 | WELCOME AND REGISTRATION |
| 16:30-17:00 | OPENING SESSION
• Prof. Juan Luis López Cardenete, Academic Director of the Meeting, IESE Business School |
| 17:10-18:10 | TECHNOLOGIES, INNOVATION AND BUSINESS MODEL TRANSFORMATION
• Belén Linares, Innovation Energy Director, Acciona Moderator: Alberto Amores, Partner, Monitor Deloitte |
| 18:15-18:30 | Break |
| 18:30-19:00 | VISION FOR AN EFFECTIVE TRANSITION (I)
• José Bogas, CEO, Endesa Moderator: Prof. Juan Luis López Cardenete, IESE Business School |
| 19:10-19:40 | VISION FOR AN EFFECTIVE TRANSITION (II)
• Antonio Basolas, Global Head Strategy and Corporate Development, Naturgy Moderator: Prof. Juan Luis López Cardenete, IESE Business School |
| 19:50-20:20 | VISION FOR AN EFFECTIVE TRANSITION (III)
• Ángeles Santamaría, CEO, Iberdrola España Moderator: Prof. Juan Luis López Cardenete, IESE Business School |
| 08:30-09:00 | WELCOME AND REGISTRATION |
| 09:00-09:30 | OIL COMPANIES AS ESSENTIAL AGENTS IN THE DECARBONIZATION PROCESS
• María Victoria Zingoni, Executive Managing Director Commercial Business and Chemicals, Repsol Moderator: Felipe Requejo, Partner, Deloitte |
| 09:40-10:30 (Session in English) |
MAKING INNOVATION HAPPEN IN STORAGE AND OFF-SHORE TECHNOLOGIES: SKELETON & PRINCIPLE POWER
• Felipe Drukaroff, CFO, Principle Power Moderator: Javier Sanz, Renewable Energies Thematic Leader, InnoEnergy |
| 10:40-11:30 | MONITORING INNOVATION AND PROGRESS IN CLEAN ENERGY
• Luis Cabra, Executive Managing Director of Technology Development, Resources and Sustainability, Repsol Moderator: Felipe Requejo, Partner, Deloitte |
| 11:30-12:15 | Coffee Break |
| 12:15-13:30 | RESOURCES, INVESTMENT AND INCENTIVES FOR CHANGE
• Prof. Natalia Fabra, Professor, Universidad Carlos III Moderator: Prof. Juan Luis López Cardenete, IESE Business School |
| 13:45-14:45 | VISION FOR AN EFFECTIVE TRANSITION (IV)
• Luis Aires, President, BP Spain Moderator: Ana Sánchez Palacios, Partner, Deloitte |
| 14:45-16:00 | Lunch |
| 16:15-17:05 | GLOBAL PUBLIC GOVERNANCE OF CLIMATE CHANGE
• Riccardo Puliti, Global Director, Energy and Extractive Industries and Regional Director, Infrastructure, Africa, The World Bank Group Moderator: Valvanera Ulargui, Director General Spanish Climate Change Office, Ministry for Ecology Transition and Demographic Challenge |
| 17:05-17:20 | Break |
| 17:30-18:15 | EUROPEAN GEOPOLITICS AND THE QUESTIONING OF THE RULES-BASED LIBERAL ORDER
• Ana Palacio, Former Minister, Minister of Foreign Affairs and Visiting professor, Edmund E. Walsh School of Foreign Service, Georgetown University Moderator: Prof. Juan Luis López Cardenete, IESE Business School |
| 18:15-19:05 | VISION FOR AN EFFECTIVE TRANSITION (V)
• Ana Quelhas, Head of Energy Planning, EDP Renováveis Moderator: Laureano Álvarez, Partner, Deloitte |
| 19:05 | CLOSING |
The fees for the 17 Energy Industry Meeting are:
General
IESE Alumni
IESE Members and Partners
Fee includes lunch.
Payment must be made prior to program attendance.
Places are limited and registrations are processed in strict order of receipt.
2019 · Dimensions for an Effective Energy Transition
2018 · Game changers in the Global Energy System
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
