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  • 18 IESE Energy

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12
  • WHO IS WHO
  • PROGRAM
  • FEES
  • INDUSTRY INSIGHTS
  • PREVIOUS EDITIONS

The Post-COVID Energy Transition:
Same Goals, Different Policies

We have been thrust into the midst of one of those rare times in history when everything speeds up and changes. We were dealing with one set of challenges when a completely unexpected predicament arose that demanded an immediate response, and we know it will have long-lasting effects.
With all this uncertainty, there are a few things we can be sure of: when all this is over, we will be much poorer than we are now, the priorities of society will have changed, and we may become less united and defend different opinions on decisive matters we previously agreed on. Another reason for concern is the lack of leadership shown by the United States in the G7 and by the European Union in the G20, not to mention the lack of initiative displayed by multilateral institutions. Hard times are on the way.

Europe: Our Big Chance
However, despite all the setbacks, the major opportunity this crisis offers should not be overlooked: the chance to make real progress on the consolidation of the European Union based on solidarity, with a consensual agreement on reconstruction, in which the energy transition and the European Green Deal are given fast-track treatment. However, in its move forward, this new European Union must also implement strict, credible tax control and address the rebuilding of Industry 4.0 by taking advantage of the geographic reconfiguration of value chains we seem to be invariably heading for. It will be impossible to implement this “new economy” without taking a very serious approach to education at all levels, science and research.

The Post-COVID Energy Transition
But another factor relates to the very nature of this energy transition, which aims to go much further and get there sooner than current technology and the market can take us on their own.
We want to implement this energy transition in an attempt to avoid the destructive effects of climate change. But this worthy cause should not be confused with the process currently being implemented, which is a different one. For now, this process will involve net consumers of abundant resources. Will these resources be available as long as the transition lasts? Will there be a trade-off with other social needs that are also priorities?

Current and Future Drivers of Decarbonization
Fortunately, various technologies for reducing carbon dioxide emissions are making progress based on their own commercial merits (wind and solar photovoltaics, among others). Cost reductions and functionality improvements in energy-dense storage are also a source of hope for the near future and are expected to make a decisive contribution to solve challenges such as light-vehicle transport. Green and blue hydrogen will make major inroads when large-scale installations are feasible and the state of the art has moved forward enough for carbon to be replaced in the manufacture of basic materials. Finally, energy efficiency, along with associated technologies, presents the best tool within our reach for leveraging decarbonization, although the scarcity of successful business models and lack of signs in the form of prices, taxation and regulation are hampering our ability to reap all the benefits of this enormous potential.

More Science and Technology, Please!
Yet this progress is accompanied by unsolved challenges, such as the decarbonization of air, sea and land transport, specific industries (e.g., steel, cement, aluminum and glass), and agriculture, where technologies to make this possible are still lacking. Substantial advances must be made in science and technology before our goals about handling these challenges can be considered viable.

Transitional Governance: State and Market, Means and Ends
In light of the above, there is still one question left unanswered: an effective decision has not been made about the type of governance that will be entrusted with addressing the enormous challenge of decarbonization. Should it be the job of the State or the market? Or should each one handle the aspects it is most suitable for?
It’s not a question of repeating our short-term goals, but figuring out how we can achieve them by consuming fewer resources, reaping greater benefits from technological/industrial progress and doing it more effectively. And this must be achieved with a far-reaching vision that encompasses all the links in the value chain.
The plan for European reconstruction provides a good opportunity to strategically address this matter and prepare an in-depth economic analysis of the ability of the different options to meet specific decarbonization goals. The plan should also provide a chance to address other unfinished business of great importance, such as comprehensive reform of environmental taxation to send a clear message about the decarbonization process, a profound reflection on the implications all this has on our strong automotive industry, and a plan to review the needs of our hydro facilities and the unused potential of pumped-storage hydroelectricity.

Economic Efficiency of the Transition
The current and post-COVID contexts are and will continue to be a highly complex management conundrum. Social, health and economic stakeholders with heavy debts and nerves on edge will be thrown together and will require close supervision.
Economic efficiency should enable them to regain their natural position of prominence. Analysis must be done to determine which option consumes the least resources. Traditional concepts such as economies of scale, sequence, scope and learning should be used as a guide when making decisions about decarbonization. Resources should always be allocated to decarbonization based on objective award criteria. The same goals, but with different policies.

Will the rest of the world join us? We will have a first session on December 3 and a second on February 10 and 11, 2021.

December 3, 2020
and February 10-11, 2021

JOIN US

Due to exceptional health and safety measures, the conference will be online

REGISTER NOW

CAN WE HELP YOU WITH THIS MEETING?

Claudia Escobar
IESE Industry Meetings
tel: +34 93 253 43 36

Who is who
February 10-11, 2021

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
Felipe Requejo

Felipe Requejo

Partner, Deloitte and coorganizer of the Meeting

Coorganizer

Industry Meetings
Alberto Amores

Alberto Amores

Partner, Deloitte

Speaker

Industry Meetings
Jorge Barredo

Jorge Barredo

Managing Director of Renewable Energy, New Business and Innovation, Naturgy

Speaker

Industry Meetings
Andrés Barceló

Andrés Barceló

Director General, UNESID

Speaker

Industry Meetings
Gianluca Caccialupi

Gianluca Caccialupi

Head of Infrastructure and Networks Iberia, ENDESA

Speaker

Industry Meetings
Pablo Cebrián

Pablo Cebrián

Vice President Engineering Iveco Trucks, CNH Industrial

Speaker

Industry Meetings
Pablo Collado

Pablo Collado

Global Business Development VP, Iberdrola

Speaker

Industry Meetings
Miguel Duvison

Miguel Duvison

Managing Director of Operation, Red Eléctrica Group

Speaker

Industry Meetings
Prof. Natalia Fabra

Prof. Natalia Fabra

Full Professor of Economics, Universidad Carlos III de Madrid

Speaker

Industry Meetings
Cani Fernández

Cani Fernández

President, National Commission for Markets and Competition

Speaker

Industry Meetings
Nemesio Fernández-Cuesta

Nemesio Fernández-Cuesta

Chairman, Eolia Renovables and former Secretary for Energy of the Spanish government

Speaker

Industry Meetings
Carlos Gascó Travesedo

Carlos Gascó Travesedo

Senior Advisor. Energy Policy and Strategy. Chairman’s Office. Former Energy Policy Executive Director. Department of Energy, Government of Abu Dhabi, UAE

Speaker

Industry Meetings
Juan Lasala

Juan Lasala

non-excutive Chairman, Capital Energy

Speaker

Industry Meetings
Vicente López-Ibor

Vicente López-Ibor

President, EJI López-Ibor Mayor Abogados law firm

Speaker

Industry Meetings
Spyros Martinis

Spyros Martinis

CEO, Ocean WindsCEO, Ocean Winds | CDO & COO New Markets, EDPR

Speaker

Industry Meetings
Rafael Mateo

Rafael Mateo

CEO Energy, ACCIONA

Speaker

Industry Meetings
John Müller

John Müller

Journalist

Speaker

Industry Meetings
Ana Palacio

Ana Palacio

Former Minister of Foreign Affairs of Spain and visiting professor, Edmund E. Walsh School of Foreign Service, Georgetown University

Speaker

Industry Meetings
Jaume Pujol

Jaume Pujol

Partner, Deloitte

Speaker

Industry Meetings
Teresa Rasero

Teresa Rasero

President of the Board, Air Liquide Spain

Speaker

Industry Meetings
Teresa Ribera

Teresa Ribera

Deputy Prime Minister and Minister for the Ecological Transition and Demographic Challenge of the Spanish government

Speaker

Industry Meetings
David Robinson

David Robinson

Consultant and Senior Research Fellow, Oxford Institute for Energy Studies

Speaker

Industry Meetings

Who is who
December 3, 2020

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
Felipe Requejo

Felipe Requejo

Partner, Deloitte and coorganizer of the Meeting

Coorganizer

Industry Meetings
Luis Aires

Luis Aires

President, BP Spain

Speaker

Industry Meetings
Oliverio Álvarez Alonso

Oliverio Álvarez Alonso

Partner, Deloitte

Speaker

Industry Meetings
Philippe Boisseau

Philippe Boisseau

CEO, CEPSA

Speaker

Industry Meetings
Ángel Bautista

Ángel Bautista

Director of Institutional Relations and Regulatory Coordination, Repsol

Speaker

Industry Meetings
José Casas

José Casas

Executive Vice President Institutional Affairs and Regulatory Iberia, Endesa

Speaker

Industry Meetings
Daniel Calleja

Daniel Calleja

Director-General Legal Service, European Commission

Speaker

Industry Meetings
Ana de la Cueva

Ana de la Cueva

Secretary of State for Economy and Business Support, Ministry for Economy and Digitalisation

Speaker

Industry Meetings
Agustín Delgado

Agustín Delgado

Chief Innovation Officer, Sustainability and Quality, Iberdrola

Speaker

Industry Meetings
Roberto García Merino

Roberto García Merino

CEO, Grupo Red Eléctrica

Speaker

Industry Meetings
Pedro Larrea

Pedro Larrea

Director, Energy and Grid Management Unit, Naturgy

Speaker

Industry Meetings
Antón Martínez

Antón Martínez

Chief Transformation Officer, Enagás

Speaker

Industry Meetings

Program February 10-11, 2021

Agenda – Wednesday, February 10, 2021 CET

15:30 Welcome

• Prof. Juan Luis López Cardenete, Academic Director of the Meeting, IESE Business School
• Felipe Requejo, Deloitte Spain, and Coorganizer of the Meeting

15:30-16:30 Conversation and Reflections on the Energy Transition in the Current Context

• Teresa Ribera, Deputy Prime Minister and Minister for the Ecological Transition and Demographic Challenge of the Spanish government

Moderators:
• Prof. Juan Luis López Cardenete, Academic Director of the Meeting, IESE
• Felipe Requejo, Deloitte Spain, and Coorganizer of the Meeting

16:30-16:40 Break
16:40-17:30 The Post-Covid Energy Transition: Same Goals, Different Policies and Regulatory Challenges

• Prof. Natalia Fabra, Full Professor of Economics, Universidad Carlos III de Madrid
• David Robinson, Consultant and Senior Research Fellow, Oxford Institute for Energy Studies

Moderator: Prof. Juan Luis López Cardenete, Academic Director of the Meeting, IESE

17:30-17:40 Break
17:40-18:50 The Impact of the Recovery Plan, Climate Change and SDGs on Investors and Investors’ Role in Business Strategies

• Jorge Barredo, Managing Director of Renewable Energy, New Business and Innovation, Naturgy
• Juan Lasala, non-executive Chairman, Capital Energy
• Vicente López-Ibor, President, EJI López-Ibor Mayor Abogados law firm
• Rafael Mateo, CEO Energy, ACCIONA

Moderator: Jaume Pujol, Partner, Deloitte

18:50-19:00 Break
19:00-19:45 Electricity storage and renewables integration: Options, functionality, costs and regulatory signals for deployment

• Gianluca Caccialupi, Head of Infrastructure and Networks Iberia, ENDESA
• Miguel Duvison, Managing Director of Operation, Red Eléctrica Group

Moderators:
• Prof. Juan Luis López Cardenete, Academic Director of the Meeting, IESE
• Felipe Requejo, Deloitte Spain, and Coorganizer of the Meeting

Agenda – Thursday, February 11, 2021 CET

09:00-10:00 Current Reflections on Markets and Competition

• Cani Fernández, President, National Commission for Markets and Competition

Moderator: Prof. Juan Luis López Cardenete, Director Académico del Encuentro, IESE

10:00-10:10 Break
10:10-11:30 Alternative Renewable Technologies and Vectors (I): Hydrogen and Industry

Keynote speaker:
• Nemesio Fernández-Cuesta, Chairman, Eolia Renovables and former Secretary for Energy of the Spanish government
Panel:
• Andrés Barceló, Director General, UNESID
• Pablo Cebrián, Vice President Engineering Iveco Trucks, CNH Industrial
• Teresa Rasero, President of the Board, Air Liquide Spain

Moderator: Alberto Amores, Partner, Deloitte

11:30-11:45 Break
11:45-12:45 The Post-Covid World: Global Risk and the Energy Industry

• Carlos Gascó Travesedo, Senior Advisor. Energy Policy and Strategy, Chairman’s Office and Former Energy Policy Executive Director, Department of Energy, Government of Abu Dhabi, UAE
• Ana Palacio, former Minister of Foreign Affairs of Spain and visiting professor, Edmund E. Walsh School of Foreign Service, Georgetown University

Moderators:
• Prof. Juan Luis López Cardenete, Academic Director of the Meeting, IESE
• John Müller, Journalist

12:45-12:55 Break
12:55-13:40 Alternative Renewable Technologies and Vectors (II): Offshore Wind Energy

• Pablo Collado, Global Business Development VP, Iberdrola
• Spyros Martinis, CEO, Ocean Winds and CDO & COO New Markets, EDPR

Moderator: Felipe Requejo, Deloitte Spain, and Coorganizer of the Meeting

13:45 Closing

• Prof. Juan Luis López Cardenete, Academic Director of the Meeting, IESE Business School
• Felipe Requejo, Partner, Deloitte Spain, and Coorganizer of the Meeting


There will be simultaneous translation Spanish – English

Program December 3, 2020

Agenda December 3, 16h – 19.30h
Recovery Plan for Europe: Energy transition and Sustainability as key factors for economic transformation and recovery

15:50-16:00 Opening Session

• Prof. Juan Luis López Cardenete, Academic Director of the Meeting, IESE Business School
• Felipe Requejo, Partner, Deloitte and coorganizer of the Meeting

16:00-17:00 Panel I

• Daniel Calleja, Director-General Legal Service, European Commission
• Ana de la Cueva, Secretary of State for Economy and Business Support, Ministry for Economy and Digitalisation

Moderator: Prof. Juan Luis López Cardenete, IESE Business School

17:00-17:10 Break
17:10-18:10 Panel II

• Ángel Bautista, Director of Institutional Relations and Regulatory Coordination, Repsol
• José Casas, Executive Vice President Institutional Affairs and Regulatory Iberia, Endesa
• Agustín Delgado, Chief Innovation Officer, Sustainability and Quality, Iberdrola
• Pedro Larrea, Director, Energy and Grid Management Unit, Naturgy

Moderators:
• Prof. Juan Luis López Cardenete, IESE Business School
• Felipe Requejo, Partner, Deloitte and coorganizer of the Meeting

18:10-18:20 Break
18:20-19:20 Panel III

• Luis Aires, President, BP Spain
• Philippe Boisseau, CEO, CEPSA
• Roberto García Merino, CEO, Grupo Red Eléctrica
• Antón Martínez, Chief Transformation Officer, Enagás

Moderator: Oliverio Álvarez Alonso, Partner, Deloitte

19:20 Closing

• Prof. Juan Luis López Cardenete, Academic Director of the Meeting, IESE Business School
• Felipe Requejo, Partner, Deloitte and coorganizer of the Meeting

Sessions will be in Spanish

Fees

The second session for the 18 IESE Energy will be in an online format on February 10-11, 2021.
The registration fee is:

€200

In the event that we are able to combine it also in a face-to-face format,
we will communicate this in due course with the appropriate health conditions and protocols.
Payment must be made prior to program attendance.

Industry Insights

2020 – En busca del mejor camino hacia la transición energética

2018 – Game Changers in the Global Energy System

Download in Spanish

2017 – Reflectations on the Paris Agreement, the Energy Transition and Mitigation Policies

Download in Spanish

Previous Editions

2020 · An Industry in Transition
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

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