Energy Transition

Our commitment to the energy transition

We want to build a future of sustainable energy and lead the energy transition in Italy. Our commitment is to increase generation from renewable sources to 40% of our production mix by 2030. To do so, we are investing in production from renewable sources, always relying on state-of-the-art gas plants to safeguard the stability of the national electricity system. We are committed to sustainable mobility with alternative fuels that can concretely reduce CO2 emissions; we develop energy efficiency solutions for more conscious use of energy and offer innovative all-round services to end consumers.

Nicola Monti

“We are a responsible business operator and we are striving to become a leader in the energy transition in line with the country’s goals. We have implemented a hydrocarbon decommissioning plan and allocated the newly available resources to generation from renewable sources. We are the second largest wind power operator in Italy and we are investing in photovoltaic and hydroelectric development. However, energy transition also means the efficient use of natural gas, which is essential for the security of the energy system, which is why we are investing in the latest generation of highly efficient gas plants”.

Growth in renewables

Renewable sources are our main growth driver: we aim to strengthen our position in the wind power sector, where we are the second-largest operator in the country with 1 GW of installed capacity, we are committed to photovoltaic development and we have been involved in hydroelectric production for over 100 years.

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92

Hydroelectric power plants

43

Wind farms

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64

Photovoltaic parks

1844 MW

Installed power from renewable sources

Hydroelectricity: long-standing involvement

In the late 19th century we built the country’s first power stations, which are still in operation today. Renewable energy from water not only represents our origin, but also the future of our company.

We are investing in this segment on two fronts: we are working to consolidate and increase our position in the area of large-scale plants, as well as to expand our scope through the construction or acquisition of mini-hydro plants.

Wind power: the second largest operator in Italy

We have been operating in wind power since 1999 and today this source is one of the cornerstones of our sustainable development plan.In 2019, thanks to the commissioning of new wind farms and the acquisition of existing farms, we rose from fourth to second place in Italy in terms of installed capacity.

Photovoltaics: the basis for significant development

In 2019, we significantly increased the installed capacity of our photovoltaic park through a series of acquisitions, laying the foundation for significant development in this area.

Gas as a source of transition

We believe that natural gas is the sustainable and efficient source needed to accompany us in the energy transition, safeguarding the stability of the national electricity system and balancing the intermittent production of renewable energy. That is why we are investing in building new combined cycle gas plants that will be the most efficient in Europe.

14

Our thermoelectric power plants in Italy

4.575 MW

The installed capacity of our thermoelectric park

9

Italian regions in which we operate thermoelectric plants

13.848 GWh

Thermoelectric energy generated in 2020

Efficiency and respect for the environment

Latest-generation thermoelectric power plants can guarantee constant, always-available and flexible energy production with efficiency levels of up to 63%. They make it possible to reduce CO2 emissions by 40% and nitrogen oxide emissions by 70% compared to the Italian average.

MARGHERA LEVANTE

Europe’s most efficient thermoelectric power plan

PRESENZANO

A new step towards energy transition

Energy transition in transport

The other cornerstone of our commitment to the country’s energy transition is sustainable mobility: we are developing the first small-scale LNG logistics chain, focusing on innovative fuels that reduce CO2 emissions into the atmosphere, and public and private electric mobility.

Liquefied natural gas: fuelling ships, road transport and access to energy in remote places

We want to make liquefied natural gas accessible to the Italian market by reducing emissions in the maritime and heavy road transport sectors and by facilitating the methanisation of areas of the country that are not yet connected to the grid. This is why we are developing Italy’s first integrated logistics chain for the supply, transport on small-scale LNG carriers, storage and distribution of liquefied natural gas. The first stage in this process was the start of work in 2019 to build the first coastal LNG storage facility in mainland Italy in the Port of Ravenna and the construction of the first 30,000 cubic metre LNG ship. Additionally, there are two other coastal depot projects under development in Southern Italy and an authorised depot in Oristano.

Energy efficiency and customer services

Our commitment is not limited to low-carbon energy production; we also want to raise awareness of how to use this energy more consciously by offering tailored services and advice.

Energy efficiency

We offer tailored, integrated solutions in the energy consultancy field and we handle upgrading and design of buildings and on-site energy production using energy resources with the goal of minimising environmental impact and reducing costs. We make our experience and expertise available to businesses, public administrations and local authorities to spread a culture of energy efficiency, promoting the development of industry and the country.

Customer services

We want to increasingly support our customers by offering not only a transparent and reliable supply of electricity and gas, but also a world of value-added services ranging from e-mobility to smart, tailored home solutions.

The energy transition in Europe

Looking ahead to 2050: the energy system on the brink of transition

In the coming years, generation from renewable sources will be increasingly important to achieve the goal of climate neutrality. A gradual transition in which an appropriate mix of traditional and green resources will ensure the security of the country’s energy system.

Europe has set the goal of becoming the world’s first climate-neutral continent. The target is set out in the Green Deal, the plan to make the EU economy environmentally sustainable by turning climate and environmental challenges into opportunities for growth.