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Renzi launches the green strategy: 9 billion for renewables

The prime minister presented the new incentive and development decree for the next 20 years, signed by Minister Calenda: 435 million a year until the total is reached. Eni, Enel and Terna the national champions: "team play" and possible joint ventures. The state will not descend further into the capital. Enea is the fourth hub: "Italians are increasingly green: 28 billion spent on efficient homes"

Renzi launches the green strategy: 9 billion for renewables

On renewable the government puts on the plate 9 billion in 20 years. IS' Matteo Renzi to personally make the announcement on Thursday morning at Palazzo Chigi by summoning two ministers (Galletti for the Environment and Calenda for Economic Development) and the triad of big national energy companies: Eni, Enel and Terna which will field investments (already included in the industrial plans) for about 7 billion in the next 3-4 years. The reason for the deployment of forces is that Carlo Calenda himself has just signed the decree that redesigns the entire incentive and development system for green energy for the next twenty years, highly anticipated and delayed by the change in ministry, after the resignation of Federico Guidi. On the same day the'Aeneas certify that the Italians are always greener: they spent 28 billion in almost ten years, to make one's homes more efficient and saving and given a cut of 3 billion to the import of fossil fuels. “We are a class A country,” he underlines the president Enea Federico Testa.

The logic of renewable decree it is to support more mature green energies, such as solar and wind power, with accompanying interventions towards full grid parity (equality of cost on the grid); and to encourage those that instead need support to develop (for example geothermal energy). The decree, above all, marks the kick-off for the repowering of wind farms or for the replacement of the blades currently in place and now at the end of their life, with newer and more efficient ones, i.e. capable of producing more for the same wind . Calenda explained that the funds they will arrive at the rate of 435 million a year for twenty years to reach the total of 9 billion (here the breakdown of resources). “50% – the minister specified – will be destined to sources close to the economic equilibrium, wind energy, another 25% to 'frontier technologies' such as geothermal energy and thermodynamics and the remaining 25% to biological sources, such as biomass and waste sources”.

The deployment is that of great occasions and it is the premier himself who underlines that in the field of energy and renewables "we are here to present the team game that the country intends to do on renewables starting from companies: we have the first Italian company in terms of turnover and workers, which is Eni, and the second which is Enel, two large multinationals that answer to shareholders on the markets, which have such engineering and innovation to be a world leader”.

The three national champions are there to certify it and, adds the premier, Palazzo Chigi and the Mef they are not considering further transfers of shares of capital. The controlling share (about 30%), therefore, remains unchanged and public, in the safe of the Treasury and of Cassa e depositi.

All this happens within hours of latest data made available by the Mise: after a four-year negative trend, in 2015 they are in fact increased final energy consumption (+4,1%), supported by a more favorable economic situation. The increases were recorded in all sectors (civil uses +7,4%, transport +4,1%), with the exception of industry, which records a decrease of 1,8% compared to the previous year.

As for green energy, the 2020 target in terms of incidence of renewables on gross final energy consumption (17%) has been achieved in advance: against a contraction in the production of renewable electricity, due to contingent and transitory factors (return of production hydroelectric to normal values ​​after the strong growth of 2014 linked to an exceptional level of rainfall), there was a growth of thermal renewables, in particular wood and pellets for heating, mainly linked to the colder winter temperatures compared to 2014.

Eni's renewable energy projects "We will start talking to the Regions, we will approve the investments in September and we will start at the beginning of 2017", began the CEO of Eni, Claudio Descalzi. We will start with two sites in Sicily, two in Sardinia and one in Manfredonia, all dedicated to photovoltaics and "jobs will be created". Global investments, Descalzi recalled, will range from 700 million to one billion.

Given the decision to push the accelerator of renewables, "we are talking to Francesco Starace (Enel, ed) and other interested parties to make joint ventures” on the available land. The six-legged dog in fact focuses on the transformation of "4 thousand reclaimed and already prepared hectares, ideal land for bringing photovoltaics into the first phase".

he, theCEO of Enel Francesco Starace remember that the group has in view approx 2,2 billion investments in renewables and that 50% of investments for growth are destined precisely to green energy, above all abroad but also in Italy where, in addition to the new 2.0 meters, the group is pushing towards geothermal, wind and hydroelectric repowering. In the puzzle of Enel's activities, Starace also wanted to frame the Futur-E operation with the transformation of 23 old plants into new sites reconverted to various activities that will be decided on a case-by-case basis. Alone 200 million will be invested for the reclamation. The plan for charging stations for electric cars is on its way. Starace will preview it on Friday.

 “The production of renewables is not efficient without a grid. So Terna will invest 4 billion over the next four years, one a year” recalled Renzi and theTo Matteo Del Fante he specified that the group is evaluating the Eni sites in view of future connections to the new green plants and verifying how to balance the network in those points.

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