Starace at Sustainable Development Festival

Published on Thursday, 24 September 2020

“We think we can achieve full decarbonisation more quickly than we thought was possible”

– Francesco Starace, Enel CEO

As Starace explained, this process is “difficult” because “it has to go forward without turning off the lights.” But the Group is taking the right steps: “We have already passed the point of no return: we plan to achieve full decarbonisation more quickly than we expected.”

 

Furthermore, the CEO pointed out that what is happening today is “an acceleration along a path already taken.” This is also confirmed by the attention that Europe is giving to the issue of sustainability, and it is no coincidence that today the European Union attracts about 50% of sustainable investments around the world. “This is a competitive advantage for the European system. The more it becomes common knowledge, even from a political point of view, the more it will be used,” Starace commented.

 

In this perspective, the Next Generation EU Fund “only confirms what was already a primary issue for the new European Commission: the energy transition towards a sustainable and decarbonised economy.” The plans were already moving in this direction, and now “they can only be strengthened in such a way as to create a system that is more resilient, green, more competitive and safer from an energy point of view.”

 

 

Enel editorial staff