To get it you need water, but the turbines to produce hydroelectricity need large reservoirs and technologies. The ten largest European energy companies have signed an agreement to revive hydropower across Europe. A strategic alliance between Enel, Edf, Epd, Engie, Fortum, Iberdrola, Statkraft, Uniper, Vattenfall and Verbund referred to in a letter to which the EU Commissioner for Energy gave her consent, Kadri Simson. The need to reposition hydroelectricity in the future European system has been felt for some time. The source is clean, not harmful to the climate and viewed with interest by environmentalists. Collaboration between companies enters the EU's energy puzzle which in this 2023 is composed and reassembled by virtue of political and corporate strategies. The starting point for a large-scale success are i 110 Gigawatts of managed power by companies. Commissioner Simson in backing the initiative, said that “hydropower is a crucial source for EU renewable electricity” and she is ready to discuss the challenges and the way forward for the sector.
Safe and available hydro also in Italian
Italy is in good shape with over 40% of energy produced. But the 4.331 plants that exist today can still grow, which other countries also want. If hydroelectricity is to continue to be a pillar of the new energy frontier, investments and trust in infrastructures are needed. Unfortunately in our country after the dam disaster of vajont of 1963, the source with the reservoirs entered a prolonged shadow cone. Only for a few years have the partnerships with local authorities. The companies, as is customary in all renewable sectors, set their goals for 2050. The letter to the EU looks a lot like a programmatic manifesto. “Hydropower facilitates the integration into the system of large quantities of renewable energy from intermittent sources, providing flexibility to the system, including storage,” it reads. ” In the future, renovated, repowered and new hydroelectric plants, as well as pumped storage hydroelectricity, will continue to guarantee a system ready to accommodate an ever-increasing share of renewable generation “. As for prices, the companies themselves say that they are accessible, as well as being “dispatchable and safe energy” . The request to the EU leaders is to "create an economic, political framework adequate, reliable and sustainable law for investment”. On this front, the Union has not yet structured a real strategy such as that on hydrogen. For this reason, today it is being requested with determination, so that it is "in line with the other renewable energy strategies already published". Connected to the macro design for the next 20 years, as we said, is the request for aid to introduce technologies in the Net-Zero industrial plan. There are and must be purchased without falling into the same errors for Rare lands monopolized by a few countries. We are certainly at the beginning of a new game. But ten leading companies must also know how to win.
