UPCOMING EVENT
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UPCOMING EVENT
Energy is one of the civilizing factors that make the welfare society possible. Its availability, security and affordability are essential to guarantee the future.
In yesterday’s world, where interdependence drove globalization, it was possible, despite great risk, to pursue a simplified energy policy unchecked by the geopolitical, industrial, mining or technological factors governing energy.
In today’s world, dominated by coercion among nations, it’s irresponsible to continue to turn a blind eye to the multifaceted complexity of a prudent policy to meet Europe’s energy needs.
It’s also a point of concern that we don’t seem to pay attention to the results of the much-needed energy transition set in motion at the 2015 COP 21 in Paris. Emissions continue to rise, primarily in China and India, which together have a growing population of nearly 3 billion people. The combined emissions of the United States, China and India account for more than 50% of the global total, compared to 6% for the EU.
Despite the tremendous efforts being made in China and India to generate clean electricity through renewable and nuclear sources, the widespread use of coal in power generation and industry is responsible for this rise in emissions. Approximately 61% of China’s electricity is generated from coal. In India, it’s about 72%. Emissions in the United States are due to the widespread use of hydrocarbons, which account for about 72% of its primary energy.
Furthermore, the constant changes observed in weather conditions highlight the severity of climate change. Global mitigation measures are not yielding results. It’s therefore critical for us to address adaptation at the local level.
This means it’s time to stop whining about a world that will unfortunately not go back to the way it used to be in several decades. Now is the time to take decisive action to close the gaps in supply security and affordability.
The invasion of Ukraine, closure of the Strait of Hormuz, unpredictable tariffs and the dismantling of the European Union’s industrial and mining sectors have exacerbated the consequences of the energy policy pursued to date.
Germany had no reason to shut down its nuclear power plants or surrender its energy sovereignty to a non-democratic government. Now it has no choice but to generate about one-third of its electricity from coal and thus face rising energy costs, which is having such damaging effects on German industry and society.
And the Netherlands should not have given up its position as a gas producer — comparable to Norway’s — only to end up becoming dependent on increasingly expensive and concentrated imports. There is a seemingly endless list of vulnerabilities brought about by one-dimensional policies that are out of step with the reality of the world we live in.
Paradoxically, in Spain, where approximately 80% of electricity on the mainland had been decarbonized (20% from nuclear power), two-thirds of primary energy now comes from fossil fuels, with oil accounting for 45% of the total.
If we focus on the mix of final energy demand, only 24% comes from electricity and virtually all the rest from fossil fuels.
Given that the energy transition primarily requires the electrification of energy consumption, we must quickly deal with the underlying causes that are holding back electricity demand, which has remained at the same level for the last two decades (about 250 TWh).
It’s therefore essential to address the barriers that are hindering the electrification of energy consumption, including regulation of electricity grids, taxation and other charges on electricity, as well as the red tape that slows down infrastructure deployment.
Given these challenges, it’s not enough to understand what’s changing and to set goals; they must be translated into decisions and results. Uncertainty doesn’t exempt us from making decisions; it means our decision must be made based on sound judgment, prudence and responsibility. For companies, this means setting priorities, mobilizing investments, developing talent and building organizations capable of identifying changes and adapting to them. Now’s the time to lead with purpose based on the guiding principles of maintaining the progress of society and protecting people’s well-being.
The 24 Energy Industry Meeting will address these issues with a twofold goal: to understand the current situation of the energy sector and contribute to action. Companies, institutions, and executives — each within their own sphere of responsibility — are called upon to decide what needs to change, what should stay the same and what specific steps should be taken starting today. The future of energy depends not only on what happens around us, but also on the decisions we make now.
HELP TO CREATE THE FUTURE OF YOUR INDUSTRY,
BECOME A PARTNER
Our co-organizer:
The 24 IESE Energy It will take place in the Executive Building on the Madrid Campus
Early bird
20% Discount
Valid until December 17
Use the promotional code
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Early bird
60% Discount
Valid until December 17
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PAYMENT MUST BE MADE PRIOR TO PROGRAM ATTENDANCE
2026 · The Energy Transition Between the World of Yesterday and Today
2025 · A Turning Point in the Necessary Energy Transition? Let’s Face the Inconvenient Truths
2024 · The Energy Transition: Be Idealistic! Achieve the Possible!
2023 · Let’s Save the Energy Transition – It’s in Danger!
2022 · Energy Transition: Towards a Holistic Strategy
2021 · The post-COVID Energy Transition: same goals, different policies
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
