Matteo Tanteri

In the long-awaited “Much more than a Market” report, Enrico Letta shares his vision of a roadmap dedicated to European industrial competitiveness. One of his focuses is the #energy sector, where geopolitical uncertainties have highlighted the challenge of sovereignty in recent years. In his report to EU leaders, the former Italian Prime Minister lays out 5 key areas for #energy: ⚡ Harnessing the potential of a cross-border #electricity market 💡 Creating a robust energy infrastructure #network 💪 Enhancing the EU’s energy resilience ⏩ Accelerating and simplifying the green transformation 🌍 Rethinking and reorienting green energy diplomacy To help speed things up, Letta takes the times to describe the financial instruments supporting OpEx and suggests setting up a Clean Energy Deployment Fund, complimenting the Innovation Fund, to facilitate investment in clean tech. These working guidelines for all Europeans are to be put in perspective with the objectives defined within the #GreenDeal framework. https://lnkd.in/gwJWv_8b

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Empowering Flexibility: RomeFlex & MiNDFlex Pilot Programs in Rome and Milan! Rome and Milan are at the forefront of the energy transition with the RomeFlex and MiNDFlex pilot programs, two cutting-edge initiatives that empower local communities to take an active role in managing energy demand and supply. Backed by ARERA’s regulatory support, these projects are creating local flexibility markets that respond to real-time energy needs. This approach helps stabilize the grid, increases the integration of renewable energy, and supports sustainable energy practices across Italy’s largest cities. Using advanced blockchain technology and smart contracts, these programs offer secure, automated transactions, providing full transparency for participants. Providers in Rome and Milan can earn compensation for adjusting their power usage in response to grid needs—whether that means reducing consumption or increasing supply as demand fluctuates. This model not only supports grid resilience but also incentivizes users to manage their energy more actively. In this context, evtrip.net emerges as a critical enabler, providing EV charging solutions that align perfectly with these flexible grid services. By optimizing EV charging to work with local power demands, evtrip.net allows electric vehicles to integrate seamlessly into this new energy ecosystem, supporting a smarter and more sustainable grid. https://lnkd.in/dSSXthXA https://lnkd.in/dXqQhyBi #EnergyTransition #RomeFlex #MiNDFlex #SmartGrid #evtrip #EVCharging #ARERA #RenewableEnergy #Blockchain

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#Enel SpA faces paying higher rates on the world’s largest #Sustainability-linked loan after missing an #EmissionsTarget. The #emissions target that Enel missed is linked to a few #ESG loans, including the largest such loan on record – a $14.5-billion (13.5 billion euros) revolving credit facility, per data compiled by Bloomberg. https://lnkd.in/g-xCMk3f #Environment #Energy #Risk #Reward

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🌍 Empowering #EnergyLeaders: Driving #ESGExcellence A €13B energy giant in Southeastern Europe partnered with dss+ to elevate their ESG reporting. Faced with the challenge of calculating scope 3 emissions and aligning with TCFD & CSRD standards, they needed a tailored solution to strengthen governance and drive sustainable transformation. Our #Impact: We guided the group through a comprehensive #materiality analysis, improved their #SustainabilityReports, and aligned them with global frameworks like #GRI and #EUTaxonomy—setting them up for a future of transparent, impactful ESG practices. 🌱 Curious how we can help your organisation lead the way in sustainability in the energy industry? 🔗 Click to read the full case study and learn more: https://lnkd.in/dXn-66wh

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Our Blueprint Energy Solutions Reasearch and Innovation 💡 team will be present at EU projects zone to support both ENPOWER and Begonia Project - looking forward to presenting our accomplishments so far in domains of #EnergyDataSpaces and #DataDriven #EnergyCommunities ➡️

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And the Energy Industry?? … Global Natural Resources: efficiency and Value Creation through an Integrated Approach Global Natural Resources will remain a dynamic and material value and cash generator for Eni, while delivering progressive decarbonisation. We will follow a mainly organic strategy to develop our activities leveraging our highly distinctive exploration and market-leading fast track development to grow over the Plan. The considerable optionality and flexibility of new projects also allow us to unlock value earlier and to de-risk investments via an increased relevance of portfolio management. Then, we are expanding our existing trading activities so as to participate in the full gas value chain. Finally, we are using existing infrastructure and depleted fields to capture and store CO2, both for ourselves and as a service for others. @@??? Highlights Ledarskap @@, Eni ( Energies et Services …

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Mario Draghi was ready to do “whatever it takes” to preserve the euro in 2012. His report on Europe’s #competitiveness is no less clear-sighted. And it’s right on the money on the #energy transition. On the need for it. And on what’s needed to deliver it. The big picture is spot on - the energy transition needs a step-change in grids, permitting, finance, supply chains, level playing field and innovation. And the detail is admirable - piercing diagnosis of problems and clear recommendations to sort them: 👉 grids ✍️ More private finance. New approach to planning. A legal framework for cross-border grids incl. in the North Sea, with a new coordinator to drive investments. Beef up the EU’s Connecting Europe Facility; 👉 permitting ✍️ Implement the new EU rules asap.. Digitalise processes. Fund and train local authorities properly. And if decisions are blocked apply positive silence; 👉 finance ✍️ Extend the use of 2-way CfDs and PPAs. Simplify EU funds: single point of entry and uniform application procedure. He wants capex and opex support. And dedicated growth equity instruments; 👉 supply chains ✍️ Strengthen those where Europe’s already a global leader like #wind. Do more to help energy-intensive industries decarbonise. Plug the skills gaps; 👉 level playing field ✍️ Use all trade policy tools to secure critical supply chains and defend against state-sponsored competition from abroad; 👉 innovation ✍️ Link R&I spending to industrial policy, with clean tech a top priority. More EU funds for manufacturing processes, such as automation and robotics for wind power equipment. Big reports have often jolted minds and driven change in Europe - Lord Cockfield, Cecchini, Nick Stern. May this join them.

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It’s way past the time we should have exited polluting fossil fuels! It’s because we have postponed the inevitable that we now have a Climate Emergency 🆘 devastating the planet with extreme weather events and off the chart temperatures… We urgently need 21st Century Science led leaders in every nation and business.

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Eni advances the #energytransition with #supercomputing - its latest generation providing over 10 times more computing power than the previous generation of 2020. https://lnkd.in/dS6tsiae

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Daiana Rohan explaining regulated and voluntary carbon markets. Internationally there are 36 carbon markets, 14 in preparation, 8 considered. #ETS on track of decarbonisation targets of EU’s fit-for-55 program. 43% reduction in emissions compared to 2005. Energy generation observed the largest reduction.

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Energy Giant Enel Faces Higher Interest on $14.5 Billion ESG Bond. Utility giant Enel, one of Europe’s largest power generators, is set to pay higher interest rates on its sustainability-linked bonds as it has tied the coupons to an emissions reduction target it has missed. Italy-based Enel – which also has large operations in Spain, North America, and South America – has failed to meet its 2023 emission targets. Since it has linked the emissions target to several sustainability-linked bonds, the utility giant now faces higher coupon payments.   [if !supportLineBreakNewLine] [endif] The… http://ow.ly/nCNg105rkOX

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Want to understand more about what #greenwashing is and what new EU rules will mean for your business? Register for our upcoming EY webcast on 3 July to find out more. Registering will also get you access to the on-demand replay and presentation. #FutureOfLaw #greenclaims #eugreendeal

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Thrilled to have participated in another insightful webinar with Deloitte for the fifth time! Diving deep into key topics shaping the energy landscape. Deloitte brought exceptional insights into the business case for #battery energy storage and PV power plants. Thanks to Deloitte for their valuable contributions! Hope to see you again next year! #EnergyTransition #EnergyStorage #BESS #EnergyForecasting

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Are the recent elections in the EU, with significant gains by far-right parties, going to dilute climate policies? This question has emerged after the recent European elections. This article explains that we should not interpret the results as a rejection of green policies. Despite the gains by far-right parties, the majority of Europeans still support climate action. The article also highlights that it's crucial to communicate the broader benefits of a green transition and address social inequalities to maintain European commitment to a greener future. It is evident that this recent electoral process has introduced a new layers of complexity and uncertainty to European climate and energy policy. #EuropeanParliament #ClimateAction #GreenPolicies #EuropeanParliament #ClimateAction #GreenPolicies

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The surge in renewable energy initiatives in Italy, bolstered by robust EU and national policies, presents an exceptional opportunity for our Italian investment clients. With Italy's ambitious targets to significantly increase the share of renewables in its energy mix by 2030, investors are poised to benefit from the growing demand for sustainable energy solutions. The rise in long-term PPAs ensure stable and attractive returns, while the streamlined regulatory framework facilitates smoother project authorisations and implementations. As projects like those by Capital Dynamics bring substantial capacity online, Italian investors can capitalise on the burgeoning market. https://lnkd.in/ednyFYb7

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The #EnergyIndustry has definitely sat up and listened to the call to action of making the sector more #sustainable. Driven forward by initiatives such as the #EuropeanGreenDeal, energy companies are integrating #ClimateIssues into their strategy by continuing to scope out #RenewableEnergy alternatives and by committing to become #CarbonNeutral. Read here for more insights: https://lnkd.in/dhj3Nhj9

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Cogeneration has a key role to play in delivering the EU’s decarbonisation plan (Press Release - 17 June 2024) Today, Environment Ministers from the 27 EU Member States met in Brussels, where they discussed the European Commission's communication on Europe's 2040 climate target and path to climate neutrality by 2050, which recommends reducing the EU’s net greenhouse gas emissions by 90% by 2040 relative to 1990. Below is a statement by COGEN Europe’s Managing Director, Hans Korteweg. "COGEN Europe welcomes today’s Environment Council discussion on Europe's 2040 climate target and path to climate neutrality. In this context, we wish to underline that #cogeneration has a key role to play in delivering the EU’s #decarbonisation plan, addressing systemic challenges relating to flexibility and adequacy, and making the most efficient use of precious energy sources such as renewable #biogas, #biomethane and clean #hydrogen. "The EU must now ensure a level playing field for clean energy solutions and support the necessary innovation and investments in order to reach the ambitious emissions reduction targets that have been agreed, whilst also fostering the #competitiveness of Europe’s industries. A balanced and integrated policy is needed at European level, in order to support investments in energy efficient solutions and secure affordable access to clean energy.  "The implementation of the 2040 target and plan will require a comprehensive impact assessment, looking at all energy efficient, flexible and renewable solutions, including cogeneration, and their contribution towards reducing emissions and enhancing the EU’s industrial competitiveness, as well as the affordability and resilience of the entire energy system.  "Currently, cogeneration is embedded in Europe’s economy and communities, across district heating and key industries such as chemicals, pulp and paper, alumina, food processing and ceramics. In the future, smart and innovative #CHP* will continue to play a vital role for industrial competitiveness, system efficiency and resiliency across increasingly integrated carbon neutral energy systems, complementing intermittent #renewables such as wind and solar (PV), and supporting #electrification." * CHP (Combined Heat and Power) is another name for cogeneration For further information, see COGEN Europe’s contribution to the European Commission’s Consultation on an EU climate target for 2040 (23 June 2023) ➡ https://bit.ly/PP-230623

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Yesterday as the #G7 concluded its Climate, Energy and Environment Ministers meeting under the #Italian Presidency, it released its communique. International Renewable Energy Agency (IRENA) was delighted to work closely with the Italian Presidency since later last year, and indeed with all G7 members, to support the Italian Presidency's agenda for 2024. As part of that support, we have made public three publications that cut to the heart of some of the key topics for the G7 in the energy transition and how the world can collectively hit the target of tripling renewable power capacity (to 11 TW) in 2030. 1️⃣ A report on the Tripling Renewable Power Capacity by 2030 commitment under the UAE Consensus. This builds on IRENAs work with the COP28 Presidency & GRA last year to provide the intellectual and analytical basis for the 3x goal. This new report looks at how we are progressing, globally, where the G7 is at and briefly covers four key enabling areas that are required to deliver on the target: a) Grid modernisation and expansion b) Financing the energy transition in todays high-interest rate environment c) The increasingly important role of energy storage in delivering on the target d) The crucial nature of ensuring we have the skilled workforce available, when its needed 2️⃣ The energy transition in Africa. To date, the energy transition is passing Africa by, despite its tremendous renewable potential and human capital ready to work. This needs to change and all G7 countries have a vested interest in seeing Africa share its success stories, continue to build their capacities for the energy transition and receive the resources to deliver on it. 3️⃣ How to decarbonise the hard-to-abate sectors - which I firmly believe is increasingly a misnomer, it should be "currently thought to be expensive to abate" - but I digress. This report covers heavy-duty trucking, shipping, aviation, iron and steel, and chemicals and petrochemicals - 1/4 of global energy consumption & 1/5 of total CO2 emissions. It will require a combination of approaches, effective emission reduction pathways for these sectors rely primarily on renewable energy and energy efficiency. We're delighted to see so many of the themes we discussed in these three reports make it into this years Communique https://lnkd.in/eXbBYDuy We've been again tasked with further work to do and look forward to working with #Canada and seeing how we can help them advance their priorities as President and host of the 2025 G7 meetings. A sterling effort from so many colleagues: Roland Roesch Francisco Boshell Asami Miketa Ricardo Gorini Deborah Ayres Seán Collins Diala Hawila Faran Rana Luis Janeiro Gayathri Prakash Carlos Ruiz Nolwazi Khumalo Daniel Russo Safiatou Alzouma Simon Benmarraze and too many others too mention...

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