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WEF 2022: Francesco Starace at Davos

Francesco Starace: the fundamental role of batteries and recycling in the energy transition process


The transition will be accelerated. At Davos, where he took part in the World Economic Forum, Enel’s CEO and General Manager Francesco Starace spoke about the need to reconcile the commitment to ensuring energy security and the reliability of the electricity supply with the achievement of the green transition goals. However, Starace didn’t just analyze the issues: as is his style, he focused on the concrete solutions that could be implemented.

This also emerges from the article that he wrote for the WEF website, in which he stressed fundamental role that batteries can play in the energy transition. Renewable energy initiatives have also faced criticism due to the methods used for their disposal, which are not environmentally friendly. However, as Starace observed, used electric car batteries can be recycled at renewable energy plants. Not only that, they can help solve the question of energy storage. 

“Promoting a circularity approach and mentality in collaboration with the entire value chain”

Francesco Starace, Enel CEO

Recycling can therefore be the answer: it’s a solution that’s rooted in the principles of the circular economy, a fundamental pillar of the energy transition. Furthermore, “promoting a circularity approach and mentality in collaboration with the entire value chain” was the appeal made by Francesco Starace in his speech during the panel on “Changing the Game for Circular Innovation.”

During the World Economic Forum, Starace also took part in the meeting of the Alliance of CEO Climate Leaders. This is the large global community that brings together business leaders from various countries and industry sectors. It promotes their commitment to maintaining a high focus on the importance of defining actions that are necessary in order to combat climate change and achieve the transition to a net-zero economy.

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Enel editorial staff