Starace: Decarbonisation Pathways

Published on Thursday, 6 December 2018

“In order to reduce emissions by 95% by 2050, the EU economy must be at least 60% electric”

– Francesco Starace, Enel CEO

Starace explained that, in order to achieve the objective, it’s necessary to continue to working hard on several fronts: we need to incentivise a high penetration of renewables, create a balanced and flexible system secured by various sources, give conventional generation a new role and reduce technological costs. There are many factors which could, in synergy, contribute significantly to the achievement of the decarbonisation targets, but the study lays out those which European countries need to concentrate on most urgently: the establishment of an effective decarbonisation policy with the participation of all European economies and countries, cooperation among the various sectors, increased citizen involvement in a decentralised system, a new market design and the enhancement and digitalisation of distribution networks.

Starace also pointed out that EU member states must operate with a view to helping those countries that are starting from less favourable conditions and to making the transition increasingly equitable.

Enel editorial staff