Program Brochure - The Global Renewable Energy Business

IE Social Impact SeriesThe global renewable energy businessTHE GLOBAL RENEWABLE ENERGY BUSINESSBe ahead of the energy future5-Day International Executive ProgramJune 23-27, 2014Madrid, Spain2THE GLOBAL RENEWABLE ENERGY BUSINESSBe ahead of the energy future Location: IE Business School Campus in Madrid, SpainDuration: 5 days, 9am-6pmClasses: 20 face-to-face sessions, site visits, roundtable & networking eventInvestment: 5.300 €OverviewOur economic future is going to be supported by an energy system that will be increasingly based on renewable energy technologies. Much of it will be for electricity production but there will also be a significant growth of second and third generation biologically produced liquid fuels for transportation applications. This move is already creating major business opportunities across continents, with some countries more advanced than others. For example, Spain is already producing around 40% of its electricity using renewable energy sources, and its solar projects and that of Italy are paving the way for such projects in Northern Africa. Germany now has more than 17,000 MW installed of solar capacity. Even the USA that has been slow in catching up with the trend, is today hosting massive solar and wind projects. But renewable energy projects are no longer just in the realm of developed countries. Today China leads the world in newly installed energy capacity and India’s Rajasthan might become a key center for Concentrated Solar Energy projects. Even Latin America is finally showing increasing activities with countries like Brazil, México and Chile leading the way.The first of the new IE Social Impact Series, The Global Renewable Energy Business program will facilitate participants’ entry or growth in this thriving, environmentally beneficial sector with five days of intense, interactive sessions, a round table and networking event with experts, and site visits to energy farms and control centers in Spain. IE Social Impact SeriesThe global renewable energy business3PrOgram ObjectivesThe program aims to:1) Help course attendees understand the dynamics of the re-newable energy sector from a global perspective, jumping into many examples derived from the most active markets today.2) Provide enough business, regulatory and technological back-ground as to: a. Facilitate their entry, shift or growth in the renewable energy sector. b. Aid and encourage them to deepen in specific aspects of the business, technology- or geography-wise.The program is designed so that any interested person, irres-pective of his/her former academic training, could easily follow the sessions and actively participate. At the same time someone in the industry could gain significantly greater insight into the broader industry.While not a technical course but a business course, the program will cover some technology issues, as technology is a key driver of the renewable energy business and the basic concepts and trends need to be understood. ParticiPant PrOfileThe program is designed for:• Energy executives in the non-renewable technologies field: As an entry tool to the sector that will help them understand business opportunities and technology trends, and learn how to migrate into the renewable field.• Mid-level managers in the renewable energy sector: to expand their views and take the global perspective and/or explore other areas and technologies in the sector.• The financial community: for them to understand how renewable energy projects are set up and what risks and opportunities are involved, in order to effectively evaluate investment viability.• Lawyers: to identify opportunities for taking part in the business processes.• The media: to know more about what is real and not in the field and to get first-hand quality information about the sector.• Equipment suppliers: to understand the trends in the business and spot new opportunities.• Public officials in the energy field: to understand what is happening in this sector in the most advanced countries and identify the most effective policies.• Other parties interested in entering or strengthening their foothold in the Renewable Energy field.4cOntentThe program adopts a global perspective, providing an overview of the renewable energy sector worldwide. It will cover a variety of technologies applicable to electricity generation (solar, wind, geothermal, biomass) and transportation applications (biofuels).As the scope of the course is wide, the goal is not to become experts in any of the mentioned technologies but rather to acquire a sense of what matters and what does not, an ability to detect business opportunities, and even to identify dead ends in the sector.The program is organized in three main blocks:1) General issues applicable to all technologies. These include regulatory issues, electrical grid interconnection issues, incentives, demand structure and trends, and financial and legal issues.2) Technology by technology review. The second part of the course brings specific business, technical, logistical issues pertinent to each of the main technologies in the renewable energy sector today: solar, wind, biomass, biofuels and geothermal.3) In practice. Participants will visit a wind farm, a solar photovoltaic farm, and the energy control center in Spain for first-hand experience. The program will then end with a roundtable and networking event with top company representatives. DAY 1: The framework to operate in the renewable energy sectorSession 1: Understanding the energy demand: Energy in the economic context • The economics of renewable energy vs. traditional sources• How do we compute the cost and price of renewable energies?• Are renewable energies competitive on a micro scale?• What is the macro-economic assessment of renewable energies?• What are the political aspects of the energy market, fossil, nuclear, and renewable?• Trends: Winners & losers• Market structure• Clients & competitors Sessions 2 & 3Setting up a sample renewable energy project plan: permitting, technical and financial steps • Where can value be created? What are the business opportunities?• Examples of business models• Sources of competitive advantageSessions 4 & 5A critical set-up: connecting your project to the electrical grid -- grid integration issues• Integration of renewable electricity projects into the distribution and transmission grids• The case of Spain: a success story• The demands of grid operators and the technology to comply with themDAY 2: Projects in practice: The do’s and don’ts (I)Session 6Renewable energy policy and regulatory environment• Systems of economic retribution and incentive for renewable energy - Electricity - Biofuels for transportation• The European framework: Selected examples• The US framework• What is happening in the rest of the world?Session 7Energy Storage Systems• How to respond to the challenges of grid operatorsSessions 8 & 9Wind energy projects: A mature technology which can still progress• Market opportunities and trendsstructureIE Social Impact SeriesThe global renewable energy business5DAY 2: Projects in practice: The do’s and don’ts (I)• Key technical and technological issues: onshore & offshore• Key cost & financial issues• Project development issuesSession 10Geothermal energy projects: Cheap available resource for all• Market opportunities and trends• Key technical and technological issues: onshore & offshore• Key cost & financial issues• Project development issuesDAY 4: Site Visits• Wind Farm • Photovoltaic Solar Farm• Red Eléctrica de España Control Center of Renewable Energies (CECRE) DAY 5: Finance & Legal Issues, Business & Action Plan, Roundtable & NetworkingSessions 16 & 17 Finance issues• Renewable Energy Projects finance mechanisms: project finance, leasing, corporate loans• Project finance process: - Bank due diligence and loan contractual terms - Risk assessment and control - Typical economic conditions and project management issues - The role of lawyers and technical advisors in energy project finance - Cash flow management, guarantees & other requirements• Examples Session 18Legal issues• The respective roles of in-house counsel and external counsel• The legal environment of the host country• The main contractual arrangements• Impact of financing on legal structuresSession 19The Renewable Energy Business: Putting it all together • Painting the full picture of the sector coming from the topics taken up throughout the course• Building a business/action plan• Key takeawaysRoundtable and Networking Event• Q&A with industry experts/representatives from top companies• Networking cocktailsDAY 3: Projects in practice: do’s and don’ts (II)Sessions 11 & 12Photovoltaic Solar energy projects: A revolution is taking place• Market opportunities and trends• Key technical and technological issues: PV, CPV• Key cost & financial issues• Project development issuesSession 13Concentrated Solar energy projects & technologies: Old technology coming back• Market opportunities and trends• Key technical and technological issues• Key cost & financial issues• Project development issuesSession 14Biomass energy projects: Making biology work for you• Market opportunities and trends• Key technical and technological issues: onshore & offshore• Key cost & financial issues• Project development issuesSession 15Biofuels energy projects: The transportation piece• Market opportunities and trends• Key technical and technological issues• Key cost & financial issues• Project development issues• Regulatory drivers6facultY (list to be updated)Carlos Garcia Suarez, PhD – Program Director• Director, Renewable Energy Division of Typsa Group• Associate Professor, IE Business School & IE University• Executive MBA, IE Business School• Fulbright and Post-Doctoral Fellow at UC Berkeley • PhD and Master in Engineering, Universidad Politécnica de MadridEmilio Lopez Carmona• CEO of Gestamp Biomass• 20 years of international experience in the biomass energy conversion field• Advisor to various administrations in the development of sector policies• Professor in the Master of Energy Business of the Spanish Energy Club• Director of the Spanish Bioenergy Association (AVEBIOM), a subsidiary of the European Bioenergy AssociationChristoph Schmid• CEO and Founder, Bio-Oils Energy• Founding Partner, Jazztel • CFO, Grupo Lar S.A. • Senior Associate, McKinsey & Company • Master of International Business and MA in Law and Diplomacy at Fletcher School/Harvard Business School (USA)José Ángel Diaz• Director of Engineering and Construction for Europe, EDP Renewables• Over 15 years experience in the electric power industry• Lecturer at the University of Oviedo (Master of Electrical Energy Conversion and Power Systems) and EDP Renewables’ Corporate University• MSc in Industrial Engineering and a post graduate at Escuela de Organización IndustrialJavier Santos• Partner, Head of Litigation & Regulatory, Head of Energy, and member of the European Energy Working Committee at DLA Piper – a global law firm• Substantial experience in project finance work in the energy sector, in international arbitration in relation to gas supply contracts, and in advising numerous energy projects in Latin America, Africa, Middle East and East Europe• Listed among the best energy lawyers in Spain by Euromoney “Legal Media Group’s Guide to the World’s Leading Energy Lawyers”, and appointed “Leading Lawyer” by the IFLR 1000 international directoryIE Social Impact SeriesThe global renewable energy business7guest sPeakersRepresentatives from Abengoa, Gamesa, Canadian Solar, and other top Companies will be invited for the Roundtable and Networking event.Daniel Machuca• Vice-President at Banco Santander, Project & Acquisition Finance in Europe, Power & Renewable Energy• Wide experience financing energy transactions in different geographies under Project Finance on a non-recourse basis, including on-shore and off-shore wind farms, offshore transmission assets, and Mini-Hidro• Former Senior Auditor, Deloitte• Speaker in several Energy Summits in Spain, UK and US (Infranews, Infocast, ESDEN, Club Español de la Energía, Unidad Editorial)• MSc in Industrial Economy and BSc in Business Administration from Universidad Carlos III de MadridInocencio Figaredo• Vice-President at Banco Santander, Project & Acquisition Finance in Europe, Power & Renewable Energy• Vast experience in finance and advisory in the energy sector with special focus on the renewable side (PV, CSP, Wind) as well as conventional power• Speaker and professor in several forums (GCL, Club de la Energia, ESDEN, IFAES)• BSc in Business Administration and Law Degree from ICADE –Universidad Pontificia de Comillas (E-3)• Company Valuation Certification from Instituto Español de Analistas FinancierosRaúl Hidalgo• Operations Director at Petratherm Spain• Board Member of the Renewable Energy Association of Spain (APPA)• Board Member of the Spanish Geothermal Technology Platform (GEOPLAT)• Fellow Member of the Society of Economic Geologists (SEG)Luis Trijueque• Technical Director, Solar Energy Business of Typsa Group• International experience in a wide range of solar technologies; expert and project director in the audits, design, supervision and operation of more than 30 solar plants and almost 200 MW worldwide in the last three years• Former Project Manager, Ibereolica (wind farms company)• Speaker in University of Castilla La Mancha, Master in Renewable Energy• MSc Industrial Engineer, specialized in Mechanics-Machines, Polytechnic University of Madrid; MSc Management of Production, Technology and Operation, ICADE, Madrid8This new series of IE Business School - Executive Education reflects IE’s commitment to its core value of Social Responsibility alongside its other core value of Entrepreneurial Spirit. We at IE believe that well-formed managers and entrepreneurs are a potent force that facilitates innovation, stimulates growth, multiplies social value, and raises living conditions.The Ie SocIal ImpacT SerIeSDetailsYou may register online by going to our website: www.ie.edu/internationalprograms, proceeding to the program’s webpage, and clicking on the “Register now” button on the right-hand side.Once your registration is received, you will be contacted by IE staff to confirm your inscription.The program investment is 5.300 €, which covers tuition, course materials, transportation for the site visits, networking cocktails, and all coffee breaks and lunches for all five days of the program.Concessions are available for IE alumni, groups of executives attending from the same organization, participants registering for more than one program, early-bird inscriptions, and other cases.Krysta MartínezInternational Executive Programs Managerkrysta.martinez@ie.edu Tel.: +34 91 568 95 70reGISTraTIoNFeeSSpecIalcoNceSSIoNScoNTacTIE Social Impact SeriesThe global renewable energy business9whY ie business schOOlRanked No. 1 in Europe, IE Business School is dedicated to educating business leaders through programs based on its core values of:• Entrepreneurial spirit: Founded in 1973 by entrepreneurs for entrepreneurs, IE places the entrepreneurial and innovative mindset at the heart of its programs, and is home to many startup initiatives such as the Venture Lab, the Spain Startup & Investor Summit, and Wayra.• Diversity and global focus: With about 100 nationalities making up its student body, IE provides business education with a global perspective. It supports talent from all over the world from admission to graduation and beyond, and through its Diversity and Equality Commission and its Center for Diversity. • Humanities and social responsibility: As Secretariat of the United Nations Global Compact in Spain, IE places positive social impact at the forefront with its Corporate Social Responsibility programs and expert faculty in areas of social entrepreneurship and microfinance, among others. It is also the proud birthplace of organizations such as Net Impact and Emzingo Group. IE Executive Education programs equip managers, entrepreneurs, and leaders with the latest tools, best practices, and skills through interactive and practical sessions. Our programs are designed to enable executives to excel amidst the many and varied challenges they face both today and in the future. www.ie.edu/internationalprograms1st Europe:Business School(December 2013)3rd Worldwide:Business School in Finance(June 2013)1st Worldwide:Online InternationalExecutive MBA(February 2010)3rd Worldwide:Business School - MBA(August 2011)1st Worldwide:Business School - MBA(September 2009)5th Worldwide:Executive Education(October 2011)1st Europe:Business School(November 2011)3rd Worldwide:Business School International Programs(November 2012)5th Worldwide:Executive EducationIn-company Programs(November 2011)3rd Worldwide:Sustainability & Ethics Ranking(September 2011)INTerNaTIoNaleXecUTIVeproGramSPrOgram POrtfOliO(List is subject to change)SKILLS DEVELOPMENT• Innovative Leadership • Executive Negotiation Workshop• Communication Skills and Public Speaking Workshop • Leading Project-Driven OrganizationsFINANCE• Finance and Accounting Workshop for Non-Financial Managers • Corporate Finance • Venture Capital • Private Equity• Islamic Finance SPECIALIZED MANAGEMENT• Management Fundamentals for Scientists and Researchers • Effective Management for Security Professionals • China: An Inside View • The Digital Tourism BusinessSOCIAL IMPACT SERIES• The Global Renewable Energy Business • Frugal Innovation• Financial InclusioncOntactsVisit our website where you can also download the program brochures:www.ie.edu/internationalprogramsOr contact our International Executive Program Managers:Krysta Martinez Karolina CintronKrysta.Martinez@ie.edu Karolina.Cintron@ie.edu+34 91 568 95 70 +34 91 568 96 69Follow us on:IE BusinessSchool Executive Education@IEExecEducationIE Business School Executive EducationIE Executive EducationIE Business School – Executive EducationPinar 18. 28006 Madrid. Spain. EUTel.: +34 91 568 96 00Fax: +34 91 568 96 18www.ie.edu/internationalprograms