Leading the Energy Transition: Country Perspective
Imagine you are on the committee responsible for leading the energy transition in your country. What direction and steps would you recommend? This is one of the most important topics in our current leaders’ agenda because the decisions we are making today will have a massive impact in the global environment and the world’s population.
At IESE Business School we want to be part of this change and we are very excited to discuss country strategies for a successful energy transition during the Global Energy Day conference (27th March). We will be joined by worldwide experts in the field Bruno Esgalhado (Partner at McKinsey&Co.), Marta Margarit (General Secretary at Sedigas), Jordi Garcia (Power Product VP at Schneider Electric), Laureano Alvarez (Partner at Monitor Deloite) and Tom Greatrex (CEO of NIA).
As discussed in Agora-Energiewende: European Energy Transition 2030 – The Big Picture, single-country based decisions might not be enough. Therefore, the world needs to row together in the different areas. In the EU some initiatives have already been proposed:
- A vibrant action framework for 2030: Kickstarting and supporting implementation at the national level. Proposed Region-level framework to support state implementation and raising ambitions (2020-2025)
- Renovate 1 million buildings by 2025 on an industrial scale
- Add 10 million solar roof-tops by 2025
- Support at least 100 cities in the region (e.g. EU) to initiate the decarbonization of their heating and cooling networks by 2025
- Support a just transition in coal regions
- Reduce emissions from individual mobility: Set an early and ambitious review of CO₂ standards for cars, ensure the right boundary conditions for the rapid adoption of electric cars (charging infrastructure) and stablish a base regulation for developing public and private initiatives to use alternative energy vectors like hydrogen.
- A shadow price on carbon emissions to guide infrastructure planning and investment decisions that will align investment decisions with climate objectives, avoid stranded assets, and support the energy transition.
We encourage anyone interested in energy transition to come and get involved in the discussions to share their experience and learn also from other key speakers such as Francesco Venturini (CEO at ENEL X), David Mesonero (CFO at Siemens-Gamesa) and many more.