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GreenItaly: Francesco Starace's speech

Green economy is the marriage between sustainability and smart partnerships
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 “The green economy is the marriage between sustainability and smart partnerships which create value over time, with a positive impact on the economy and employment”. Enel’s CEO Francesco Starace gave a speech at Palazzo Chigi during the presentation of GreenItaly 2017, the eighth report by Fondazione Symbola and Unioncamere on the green economy in Italy.

The event’s participants included Italian Prime Minister Paolo Gentiloni, who described the green economic model as “the best response to the crisis”, words echoed in Francesco Starace’s speech on the opportunities provided by the adoption of sustainable strategies. Digitalisation and the progress made in material-related science have led to technological development which allows the creation of new partnerships between industrial sectors, economic activities and currents of thought, which were unthinkable just a few years ago. 

For example, when the world revolution in renewable energies began, nobody thought about connecting them to batteries or energy storage systems

Francesco Starace, Enel CEO

“For example, when the world revolution in renewable energies began, nobody thought about connecting them to batteries or energy storage systems” explained Francesco Starace, mentioning one of the “many combinations which can create value”, the result of synergies between the energy sector and the chemical industry. Indeed, working in this direction today is almost the norm, but “this wasn’t the cases five years ago”.

Enel’s CEO continued his analysis, mentioning the Group’s commitment to converting plants and implementing decommissioning programmes, such as the Futur-E project in Italy, for the redevelopment of plants which are no longer operational. These are circular economy operations, which create value over time. Francesco Starace also cited a recent study by the Global Solar Alliance, according to which 80% of those employed in the photovoltaic solar sector work in the stages following plant installation: “a heritage which drives the economy forward for a long time”. The creation of partnerships produces lasting benefits and Starace closed his speech by emphasising the fact that “Italy is way ahead in this”.

 

Enel editorial staff