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Worlds compared: Francesco Starace at the Assonime-Luiss conference

Francesco Starace talked about the main challenges for the future, ranging from digitalization to renewable energy sources and youth employment

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The new global, green, and digital world: Francesco Starace outlined the related scenarios during his speech at the “Italia: riprendere il filo della crescita” (“Italy: picking up the thread of growth”) conference organized on September 9, in which he addressed various topical issues. Prospects for youth employment and professional growth, globalization, digitalization, as well as the current energy emergency: the main contemporary challenges were at the center of the debate promoted by Assonime (the association of the Italian joint stock companies) and Luiss University.

Enel’s CEO stressed that the ecological conversion process undertaken ten years ago is linked to large-scale dynamics, such as digitalization and the constant advancement of materials science in the energy sector. The “success” of renewable technologies lies in these two forces: thanks to them, the implementation and development of the energy transition process has been made possible. The emergency phase we are experiencing must therefore be interpreted as a “phase,” a temporary situation that we have to face within a longer path which has been underway for some time and has now become “unstoppable”: the ecological transition.

“The ecological conversion process undertaken ten years ago is linked to large-scale dynamics, such as digitalization and the constant advancement of materials science in the energy sector. This explains the success of renewables”

Francesco Starace, Enel CEO

Francesco Starace added that the geopolitical tensions which have recently erupted have confirmed the necessity of this transition and how it must be accelerated. We just have to overcome this emergency phase: regarding this, Enel’s CEO also recalled what emerged from the “Net Zero E-conomy 2050” study, which was carried out by the Enel Foundation and The European House - Ambrosetti in collaboration with Enel. Its results were presented at the Forum of The European House - Ambrosetti in recent weeks: “It is possible to hypothesize the complete decarbonization of the European economy between now and 2050, with major benefits.

During the event, Francesco Starace also invited people to reflect on the importance of “having a more conscious vision of globalization and the fragility of some value chains.” Identifying the gaps that need intervention help to “make us less exposed to any risks” and to be more competitive on a global scale. For example, Enel did this with the TANGO project launched in the Gigafactory of Catania, which will lead to the creation of Europe’s largest production facility for photovoltaic panels, with a record production of 3GW each year. For Italy, it will represent “a major step forward in maintaining its technological leadership”: in addition to creating thousands of new jobs, it will contribute significantly to achieving energy independence.

 

Enel editorial staff