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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.
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Coorganizer
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The COVID-19 crisis has been drawing attention to the challenges faced by the already overburdened health systems in many countries and has highlighted the need for sustainable investment in healthcare. At the same time, it also has drawn attention to the need to reshape our systems for the future, reconsidering the roles of hospitals, the potential of telemedicine and health data and the different levels of collaboration between many stakeholders.
But there is more than this, the pandemic has also emphasized the key strategic role that the life sciences sector can play in the future social and economic reconstruction.
Under the lemma «Life sciences: the engine for the recovery after COVID-19», IESE Healthcare 2020 will reflect on the search for a vaccine and a treatment for the disease and it will also bring together top experts from the sector to think about how the different agents in healthcare can work together to continue building a healthier society while also become the economic engine to attract talent, R&D and act as a tractor for the future recovery. We will have a first session on November 19 and a second, on April 13, 2021.
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Coming out of COVID crisis, mobility needs will increase significantly, driving a globally resurging demand across multiple modes and means of transportation. Beyond 2021 we will see how the changes put into place today (e.g., EU Green Deal / Next Generation EU) will drive an innovation of the mobility ecosystem. Mobility will evolve into a “new normal”.
At this year’s second part of our 35th edition, we will continue to respond to this ongoing shift in the sector and broaden the scope from automotive to mobility.
After our first debate last November, we will now deepen our discussion to address the following topics:
Continuing with our 35-year tradition, we hope to shed some light on mobility-related questions while also addressing the «classic» questions relating to the Spanish, European and global markets. In doing so, we will continue providing a premier platform for senior executives from the mobility sector, industry experts and leading academics to exchange ideas about the future of mobility.
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The new reality imposed by the COVID-19 pandemic has been the greatest test the food and beverage industry has faced in decades. In those relatively far-off early days of the coronavirus crisis, the industry displayed a resilience under extreme pressure that reflected its high professional level in terms of logistics and operations. It also provided an outstanding response in accordance with the strictest health criteria.
Despite the satisfaction for being able to meet the needs of society in the most difficult months in decades, the industry still faces tremendous challenges as a result of this new reality. COVID-19’s impact has been complex and variable. On one hand, many companies have been relatively immune to the drop in demand affecting other sectors of the economy. On the other, the restaurant and hospitality industry and its specialized food and beverage suppliers have suffered devastating losses that have forced them either to operate at a minimal level of activity or close the business indefinitely or permanently.
In this new scenario, the food and beverage industry must answer some basic questions linked to strategic leadership. Which of the industry’s key factors in the pre-COVID world are still relevant today and what priority do they have? Which ones are no longer relevant? And, finally, what new priorities and emergencies will come to light in the post-pandemic world?
In the process of answering these big questions at the next 24 IESE Food and Beverage Industry Meeting, jointly organized with Deloitte, we will discuss topics such as consumer behavior, new dynamics in the distribution sector, and the medium- and long-term prospects of the restaurant and hospitality industry. We’ll also address the impact of the crisis on key items on the industry’s agenda, including sustainability and health, as well as the role of the Spanish government, with EU support, as a player capable of moderating the crisis and providing a catalyst to relaunch the private sector toward a future that is much more economically efficient, effective and sustainable.
Consumer Trends and the EU Recovery Funds were topics discussed in the first two parts of the Meeting on March 8 and on April 14.
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MAURICIO GARCÍA DE QUEVEDO
RAIMON RIPOLL
MAURICIO GARCÍA DE QUEVEDO
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CHRISTOPHE BROGNAUX
EVA VALLE MAESTRO
The Naturgy Foundation and IESE have launched Energy Prospectives, a series of top-level conversations on the economic, technical and scientific conditions anticipated in the future of the energy industry.
ANDRIS PIEBALGS
JORGE PADILLA
The Naturgy Foundation and IESE have launched Energy Prospectives, a series of top-level conversations on the economic, technical and scientific conditions anticipated in the future of the energy industry.
CHRISTOPHER JONES
IGNACIO PÉREZ-ARRIAGA
Will EU reach deep decarbonization goals? Energy Prospectives seminar maps out course for cutting emissions in Europe.
MICHAEL LIEBRIECH
CLAUDIO ARANZADI
The Naturgy Foundation and IESE have launched Energy Prospectives, a series of top-level conversations on the economic, technical and scientific conditions anticipated in the future of the energy industry.
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