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Electrify 2030: Starace at Forum Ambrosetti

CEO Francesco Starace speaks at “Electrify 2030” studio presentation
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The “Electrify 2030” studio, carried out in collaboration with Enel X and the Enel Foundation as scientific partner, was presented in Cernobbio, on the occasion of The European House - Ambrosetti Forum. During the event, Enel CEO Francesco Starace pointed out that the energy sector is experiencing a “profound transformation affected by technological progress which is revolutionising the way that we produce, distribute and use energy in our society.” 

The gradual penetration of the electric carrier will allow us not only to decarbonise those sectors of the economy that historically have been the highest polluters, but also best utilise the resources at our disposal

Francesco Starace, Enel CEO

In this scenario, the electrification will always have an increasingly key role: in addition to facilitating the reduction of CO2 emissions and mitigating the overall impact of human activities on the environment, it is also a driving force of innovation, industrial efficiency and job creation. Just think of e-mobility and innovative technologies such as LED lamps, heat pumps, electrochemical storage systems and those of energy management. Recalling the data from the study, Francesco Starace noted that decrease in the cost of renewable energy will lead to electricity price reduction: “As it is increasingly sustainable and low-cost, it is destined to become the main energy source for end users.

Therefore, electricity as an important factor for sustainability, resilience and economic development for the country represents an energy vector of the future. Francesco Starace is sure about that and also reiterated it at the end of his speech: “Given increasingly renewable generation, the gradual penetration of the electric carrier will allow us to not only decarbonise those sectors of the economy that historically have been the highest polluters, but also best utilise the resources at our disposal.” Italy’s current level of electrification is equal to 21% (it is intended as a percentage of total energy consumption covered by the electric vector), but by the year 2030, it might be between 24% and 30%: the sectors with most growth potential are transport, buildings and industry.

Enel editorial staff