YouSaid · the spoken record
Ignacio Galán
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- 34
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- 2023-10-18
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- 2023-10-18
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“You very much, I'm very pleased and very proud to have partners like yourself to work together with the same long-term view and to try to collaborate for making a better world because we have not another world. If we destroy that one, we cannot pass this world to our future generation. It's our obligation. Not to make mistake in this”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“To have not a threat. To be courageous, to be online learning. The things are rich with effort. Don't feel that the things are coming by free. They have to work. They need to work hard and to be continuous, continually learning, and to take decisions. They have not to mind if there are many mistakes. If they make mistakes, they have to continue taking decisions and to try to correct the mistake To be courageous, not to hit a word is offering”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“With a part of solar panels, we are not already much in relation with the Chinese industry. So I think we had already in the past Gamesa, who was our vendors, is one of our vendors turbine. They have a factory in China. But I think we are buying in Europe. I don't know whether they buy the components. But in terms of equipment, probably the largest part of our purchase is just solar panels, which is coming from China. China and countries around, so which is Vietnam, which are making by Chinese. We have not much relation with China.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Poland, Portugal. But I think it's an opportunity. So we learn very much each other. For instance, our operation, network operation in United States is managed by Brazilians. We're Brazilians because the grid of the state will be at present and New York, Connecticut and Massachusetts and Maine, the design is very similar of the design we have. Our distribution companies in Brazil, which is very different of the design we have in Scotland or the design we have in Spain. So I think it's another learn a lot. So we have already British which are already in the global purchase. Charles Jordan, which I think is a guy which has very good relation with this one. And I think that that adds a lot of value for the whole group. From different nationalities, different mentalities, different skills, then we are moving around”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“So we have a structural matricial structure, which is each of the COs of the different countries. And we have already the business area, so responsible of networks, global response of renewables, we are responsible of marketing. But I think we have every morning or every Monday morning, everybody's coming to our operation committee, and no one decision left. We take the decision. So the paper is coming here for taking the decision. Every Monday people knows the thing is done. It's passing through people from different areas, from the environment explaining their project. Go. So Windows very much in detail what is happening everywhere. But I think at the same time, the globalization of the company through the business heads are already just defined. Finding in the same direction for everybody.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“So perhaps because I always ask for everything for yesterday. And this mind is coming to everybody when somebody comes to me and says, I know yesterday is the tomorrow. Everybody in this direction.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“I think that is what I think I perceive from these people. Then the sense of pride, what they are doing. And that's why they execute because it's their pride to make that one in China in cost. And that's it. I was at the beginning of September. I was visiting a couple of shop farms, one in France, Ambrog, and another one in Germany, Baltic Giggle. So you see, they are French people and they are German. So German from other countries because they were all mixed different nationalities. How proud they are showing to me where the drilling system had invented for putting the foundation of this one. And they are proud of St. Toil, we invented this one for making that one. I mentioned to you yesterday how they invented some system for avoiding then the whales already suffered because of the noise of the”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“So first, because we try to define clearly all the details prior we started the construction of a project. I think we are trying to fix all the details prior we started FID. But second, the people which are taking that one are committed with it. So it's always, I can't people, people, people. I think the people feel the ownership of the project and the pride you saw yesterday this guy has already built Cortes Lamuela. He's proud of what has already done. These people are transmitting, I think there are many of those, they are already their family as well, brothers or son of the family inside of the company. So they are proud to say, I did that one. I executed that one entire. So that is a sign of ownership that makes. And I think that that is very important, I think, in this, my continuous trip around the company.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Said, no, you're not making this popularly today. It's going to be popular tomorrow. You have to make every day the things popularly. The total quality starts for very beginning the process, not at the end. But another one, the vision, we are not changing the vision every day. We are not changing the strategy.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I think the long term is something when you are on top of a company, you are, we are 24 hours a day. We have to be. making our brain work so it's not it's no rest i think you have you can have good ideas at uh when you are uh riding horse when you are cycling when you're in the office i think it's 25 hours a day but i and nothing that is the long term the long term ideas normally appear thinking and looking different things which are coming from here from here from here and one moment everything is combined so the short term is already you need to put in your in your life targets on that one and targets measurable targets i think is uh as well you can not already relax sending the things is going to happen they need to happen now”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I think For me, human being is the most important thing of the economical activity. Without the people, without the persons, I think you can never succeed. So I think I remember I have a yes with education. And I remember some of my professor, even some of my initial bosses, they used to say to me one sentence, which I always try to apply. Your success is the success of your people and the failure of your people is your failure. So try to be put always around you people with more capabilities than yours and never, never may then they are guilty, you are guilty either, make any mistake.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I think normally when I need to take a hard decision, so normally it's not a joke, it's reality. I used to go to my ranch, I take my horse, and I used to walk with my horse. And afterwards I came down and started riding. And I came with a paper. So yes, all right about the ideas. And I think that you see the word different manner. I cannot take a decision looking at. I can. I need open spaces.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“I spent 200 days per annum traveling around. I think I met, I was last Thursday with 400 people coming from all over the world during.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“deliver in time, delivering cost, negotiating with the local authorities, negotiating on vendors, negotiating, and to learn the reality. I think perhaps an extrapolate my experience. I think when I finish I were designing batteries, but I was already managing a factory of batteries. And I learned a lot about that one, how to liquidate trade union, how to deal with local authorities, how to deal with lawyers, because always it's impossible everything, how to deal with the numbers to make. And I think that to grow these people, when somebody has been managing a project of 50 million CapEx, this guy, after can go to make already a project of 200 and after we have to go pay of a billion.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“So I think the new times with the telework is something which I'm especially concerned. I think leaders are the ones they need to touch people. When you're only touching just a screen, I don't know how the leadership can be built. So we are trying to, our people, we unfortunately works in the Moment project which are in operation. And I try for all means that our young people with the people with high potential are part of making a wonderful master. We have master of in management and whatever with Starclay University and with Yale University, with MIT. So all those things, but to touch people. And I think we are putting young people just in front of small projects to make a solar power plant with 100 people or 200 people to lead with and to force them to...”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, Free, I think that is something that people which is, let's say with certain political characteristics, because they don't distinguish the difference between to have already only fixed cost or to have variable cost. They feel then those things we have fixed cost is free. It's not true. So I think you can have already the capex. We have to be paid. We have the financial cost, you have the operational cost. It's true that you are not filled. But today you are not filled for the insure. You are not filled for the solar. You are not filled for the wind on show. But I think you have a cost.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“But no, they have actually done some breakthroughs, right? It was done already. The fusion were done, but without control. Now it's done with some control in a very small scale. So I'm not ready in the short term optimistic. And the second thing, I'm not sure what is going to be the competitiveness of this technology.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I think as far as I know, no one is not anyone in a large scale, so up to now. So I think all of us we are doing development, but no one we are putting already real money on that one. I think this project we have together with Shell is, I think it's up to 3,000 megawatt floating, I think. But I think what we are making now is...”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“So, I think it's a technology which is not enough mature in its time for that as well. So I think it's much more costly. Still, the technology, there are several choices for the floating system devices. We are making tests with different ones. But I think the technology will have their own use in certain places if you have not another alternative. I think in countries we have already the CBET, the waters at 40, 30, 50 meters, it's not something to make floating, but if you are in countries on Ireland, which I think the shore, the seabed is much deep. So you need some solution.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I think we've been pioneers, you know. I think we had already since 12 years or 13 years of show windfiring operations in the IREC, we have in East Anglia, we have in Germany. Now we are building in France. We are building a couple of them in Germany. We are going to start production, the first utility scale offshore in the United States in the coast of Massachusetts. We have several projects, either onshore more in Britain, East Anglia 2 in Sanglia 1 north and on the Sangla half and in the north in the Scotland, including one of floating. So we are pioneers on that one.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“It depends on the countries, it depends on the territories, it depends on the resources. In my opinion, it's no sense to invest in solar in areas which are not very much sunny. In my opinion, it's no sense to invest in onshore wind in areas which is not windy. And in my opinion, it's no sense to make already offshore in areas which are very far from the solar and is very costly today. But that's why I think it's a combination. So for me, the solution is not one technology, another one. All technologies are needed. All technologies, if we would like to achieve the target.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Let's call fit for self sufficiency. Probably the people will understand better. The only way to keep the lights on is to have our own electricity generated with our own resources, natural resources, sustainable one.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“One by one, all the people will be making investment in such a way they provide this territory in which you are allowed to make this and this and this instead of make to present they say, no, no, no, they said, here you can make that one. So the transmission, they facilitate the things in order to have the connection. Prior we are asking for the connection. So there are things which are already moving in this direction. The point is that we are seeing the climate change is a reality. We are suffering every time more and more. But a part of the problem of the effects of the climate change, I think, is the self-sufficiency. I was insisting to the European authorities the fifth for 35, which is the target of reduction of to make 55% of the electricity by renewable sources by 2030. So instead of call 5455,”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Exactly, exactly. That is my point. And second thing now things of this conversation with the European authorities, I'm very pleased that a few days ago, the European Parliament has approved two measures which for me are crucial. I was saying why it's so urgent the carbonization, we are going applying the national interest for accelerating the process. It was making the past. I was living in Germany in the 80s after the reunification. And they applied the national interest for accelerating the process of the Eastern Germany. Why we are not making something like a European level? So now the parliament is already approved a bill in this sense. We have to be translated to the national legislation. It's already putting a target, a target for maximum two years for obtaining the permits. There are countries which are working themselves, the authorities, to make all this analysis instead to be made analysis.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, because there are too many authorities involved. I think if we are depending on the national authorities, in national authorities, different department which is concerned about environmental department which are concerned about real estate, the department which are concerned about the transmission and the interconnection, departments which many of those. But same thing is replicated at regional level. Same thing is replicated at the local level. So in such a way that each of them can already put some restriction and delays and delays and delays. So for instance, for making already, for presented a plan of environmental plan, we need already almost to make previous, to present it almost two years of studies. It's two years, but we are looking, what is the birds, what are the animal, what is, and we present vignosine. And that goes to the different authorities.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“European Union authorities, a European Union parliament. They are not so stressed for the short-term problems when they are pushing the public opinion into the government of different member states.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“So we are. The citizens are receiving electricity in a continuous basis. And I think we are serving the same population. But the point of this is, and we are very close comment, for instance, in all those things, then I was mentioning before during the last two years with this intervention in the electricity market. Some countries start trying to make a crazy changes in the way how the pricing in electricity is fixed. So what they call the energy electricity market reform. So things of the conversation. We had already had regulators of the European authorities in different countries. What being approved is something which has much lodging. So which I think sometimes I think they're talking with many people of different sectors and they have to try to make the best. But we are already really good understanding, especially with the European”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“So even having already targeted short-term targets, if anything is happening, they automatically change the rule. So last year, last two years. So we are not, electricity, we are not responsible for the increase of the prices of European energy. It was the gas, but politicians were penalizing trying to reform the electricity market. It was not electricity. It was the gas, the source of that one. Now they recognize, but what happened? If they start putting taxes, charges, what everything means, the people stop. That is up and down systematic on that one. And how are you?”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“So, for many reasons, so I think the long ambition, I think we talk about Europe, but we can talk globally, the long-term vision, everybody agrees about 2050, almost everybody agrees about 2050. We've been for many years discussing it responsible of the emissions, is the fossil fuels or responsible are everything. So not everybody agrees the fossil fuels are already generating a problem in terms of the contamination, in terms of the global warming, et cetera, et cetera. And I think everybody agrees for almost everybody agrees for 2050 that we have to diminish the temperature. But when we talk for 23, when we talk for even 2030, so they start the discussion. And why? Because the short-term systematically in most countries, in the decision-making process of the government, the short term is always overlapping the long-term issue.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Even less, I think in the total, I think if the latest number with I got is something like 25% is electricity and 75% is fossil fuels. And this electricity, half of it, almost half of it is already generated with fossil fuels. Why that? Because nothing has been done for many years. And now we are not doing enough. As in the fact during the last energy crisis in the last two years, If instead of being so dependent of gas coming from a single country, mostly Russia, in the case of Europe, we had already invested much more than Navarre. The problem we had already been facing had been minimized.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, first the sense of family. The sense of friendship, the sin of the word given, I think if you break a word, a promise I think in this village three generations after somebody will remind that your great-grandfather was not a really serious man. Of the austerity The sense of use of the resources as better as possible, what is today we call circular economy. It was not used this name before, but I think we tried to use our resources in different manner. But I think mainly those ones. And I think the easy access to people, I think it's not to be arrogant, to be as the people of the countryside, which are... Simple.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Was that easy, but um, but let me dig the green. But I said we have to change the color of the company. And when I said to change the color of the company, which traditionally was blue color because hydro blue, so there's no way, no way. I need three more meetings, changing the blue to green. Finally, they are said green, but green alcantar. Alcantara is the name of one of our dams, hydraulic power plants. So that's why it was probably the decision taken by my board, I need to make more effort to convince them. So that's why all our people are recognizing the effort we made for that one. And that's why we are using all green in this moment in the company.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“with coal, with gas, with oil, with fossil fuels, which is not a sustainable resource once we have already wind, sun and another resource, hydro, electric as well. My grandfather was one of the pioneers in the hydroelectric in Spain. And I think we make a plan in which I was to close all our coal and oil power plants and transform Derwent and to make already invest in renewables at that time was already the most efficient work we know. And I think we started investing in Winnow Show. We started transforming our hydroelectricity in reversible in order to make already pumping and generating. And I think, and that was all this was very easy. So my board approved this investment plan of 16 billion euros at that time was a lot of money.”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I think I joined the company. I was in my professional life. I was in telecoms. I was the founder of ITEL. Today, Bodafone, Spain. I was already reconverting the shipyard, Spanish shipyard, into aeronautics. And I was previously as a battery engineer. I was designing, manufacturing, and selling batteries and making international expansion. So I joined the company beginning of 2001, so almost 23 years ago. I think always I've been very much aware about what we are doing with the planet. Perhaps my rods are already a grievous in a village, in a small village, 11,000 inhabitants, and always the nature for me was something crucial. And I think I read a lot about Kyoto's. Kyoto has already been signed a few years ago. And he said, why this company, electricity company, have to continue generating”
2023-10-18 · In Good Company with Nicolai Tangen · Ignacio Galán Chair of Iberdrola: Energy transition, permits, speed and values. · IDENTIFIED FROM THE TRANSCRIPT · source