Paris, SEN and the year coming up

The year 2017 has been an important year, full of events for the international and national energy sector and for Cogenpower. In fact, it opened with a new scenario: 8 weeks before, on the 4th of November 2016, in Paris the European Union has formally ratified the Paris agreement, the first one legally binding, which is a bridge between today’s policies and climate-neutrality, a necessity to reduce the polluting gases, before the end of the century.

Risultati immagini per accordo di parigi sul clima

The governments have succinctly agreed on

  • a long-term goal of keeping the increase in global average temperature to well below 2°C above pre-industrial levels;
  • to aim to limit the increase to 1.5°C, since this would significantly reduce risks and the impacts of climate change;
  • on the need for global emissions to peak as soon as possible, recognising that this will take longer for developing countries;
  • to undertake rapid reductions thereafter in accordance with the best available science.

Very important in this context the approval by the Italian Government of the Strategia Energetica Nazionale (SEN) or the National Energy Strategy broadly in line with the Paris Agreement.

Risultati immagini per SEN2017

Among the key measurable goals of the SEN we have:

  • Reducing final energy consumption by a total of 10 Mtoe by 2030
  • reaching a 28% share of renewable sources in total energy consumption by 2030, and a 55% share of renewable sources in electricity consumption by 2030
  • strengthening supply security and network infrastructures
  • narrowing the energy price gap
  • furthering sustainable public mobility and eco-friendly fuels
  • phasing out the use of coal in electricity generation by 2025.

To achieve these goals, SEN will require resources of about €175 billion in investments till 2030:

  • €110 billion for energy efficiency
  • €35 billion for renewable sources
  • €30 billion for supply security and network infrastructure

Evidently we are going to witness an epochal transformation that, notwithstanding the best intentions, will develop according to a non-linear path, but the positive news is that the governments are tackling the environment and the energy sector seriously, supporting operators such as Cogenpower that since 2004 is working in the energy efficiency, network infrastructure (i.e. district heating and cooling) and renewable sector and with this move they will spur a cultural upheaval in the society not only at the National level but also internationally.

For these reasons, we all will start 2018 with a lot more of enthusiasm because we know that at this point the decisions are made and there is no turning point: energy efficiency, renewable sources, future (smart) infrastructures, other than smart mobility and decarbonation, will guarantee us and our future generation a sustainable tomorrow.

Written by Dr Francesco Vallone

Innovative resourceful CEO

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