Giovanni Baroni

The G7 meeting concluded with a landmark agreement to phase out coal by 2035 and a commitment to invest $600 billion a year to support renewables. Italy aligns with France in supporting nuclear energy, while the G7 underlined the importance of North-South cooperation on climate finance. In the background, Italy is seeking coordination between the Mattei Plan for Africa and G7 projects on green energy and sustainable finance

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I am looking forward to being in Turin next week during the G7 Energy Ministerial. Some of the points I will be making are about the importance of safe, resilient, and secure supply chains that are essential for major capital projects, which includes close coordination with like-minded allies, as well as best practices on how countries are building out capacity and regulatory infrastructure.

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The analysis of the Institute for Energy Economics and Financial Analysis (IEEFA) highlights the contradictions of #Italian energy policy. The absence of a plan to phase out #gas #generation in Italy hinders the path to levels of growth of #renewables similar to those of its European neighbors. https://lnkd.in/eZay7WJS

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Great news for Italy's energy sector! 🇮🇹 The European Commission has approved the FER2 decree, promoting the development of renewable energy plants with emerging or high operational costs. This initiative aims to achieve 4.6 GW of new capacity by 2028, including offshore wind, zero-emission geothermal, biomass, floating solar, marine energy, and more. This approval is a game-changer for Italy’s offshore wind farms, which have faced legal hurdles in MASE. Minister Gilberto Pichetto stated, "This is a significant step towards our energy goals, enabling crucial new technologies for decarbonization." With this decree, Italy can accelerate its existing renewable energy plans, overcoming past obstacles and making significant progress in sustainable energy development. https://lnkd.in/dpt4MQwr #RenewableEnergy #Italy #OffshoreWind #Decarbonization #Innovation #Sustainability

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The International Renewable Energy Agency (IRENA) has released a report on "Decarbonising Hard-to-Abate Sectors with Renewables", aiming to accelerate the transition to a sustainable energy future. The report was prepared with the support of the 2024 Italian G7 Presidency and the G7 Ministers' Meeting on Climate, Energy, and Environment in Torino City during 29-30 April 2024. Highlights : - Heavy-duty trucks, shipping, aviation, iron and steel, and chemicals and petrochemicals are currently hard to decarbonise, representing a quarter of the world's energy consumption and a fifth of total CO2 emissions. Renewables can play a central role in decarbonising these sectors, and solutions are increasingly available today. However, none of the hard-to-abate sectors is on track to reach net-zero emissions by mid-century. - The G7 can play an influential role in spearheading decarbonisation efforts by adopting the 11 recommendations presented in the report and working alongside non-G7 countries by sharing best practices, removing trade barriers, and establishing common standards and definitions for low-carbon commodities. The transition in hard-to-abate sectors requires fundamental shifts rather than gradual steps, with renewable energy playing a central role. - The G7 countries must establish an enabling policy environment to accelerate the decarbonisation of hard-to-abate sectors, including heavy-duty trucks, shipping, aviation, iron and steel, and chemicals and petrochemicals. This includes establishing sector-specific decarbonisation targets, creating a level playing field for green technologies, fast-tracking infrastructure deployment and technology adoption, scaling up renewable power supply in line with COP28's pledge, scaling up sustainable bioenergy production and carbon sourcing, and kick-starting production capacity for green hydrogen derivatives. - G7 countries can support the transition by strengthening cross-sector planning and international coordination in energy, industry, trade, transport, and the environment. They can drive the adoption of innovative technologies consistent with net-zero emissions and work with non-G7 countries towards widespread adoption. To drive markets and financial flows, G7 countries can create initial markets for low carbon commodities by establishing green public procurement programs or mandates for low carbon commodities. They can also foster international cooperation by working together with developing countries towards mutually beneficial partnerships to decarbonise supply chains for industrial commodities. Decarbonising hard-to-abate sectors requires massive new investments and profound changes in the way energy systems operate. The report aims to provide actionable recommendations that the G7 can follow to accelerate global efforts to decarbonise these sectors, discussing the implications of the G7's pledge to triple renewable power by 2030. Referenced report attached for additional reading ;

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EOLICO GALLEGGIANTE NEI MARI ITALIANI: UN CONCRETO CONTRIBUTO ALLA TRANSIZIONE ENERGETICA Thank you to prof Domenico Coiro and ing. Francesco Lionello for the Workshop  "EOLICO GALLEGGIANTE NEI MARI ITALIANI: UN CONCRETO CONTRIBUTO ALLA TRANSIZIONE ENERGETICA" organized by SeaPower scrl and Università degli Studi di Napoli Federico II. In the sumptuous SS Marcellino e Festo palace in Naples on 10 June 2024, the various speakers underlined how offshore wind is destined to play a key role in achieving the EU goal of climate neutrality by 2050 and floating offshore wind is the promising “Italian” solution. I spoke about Floating Electrical Stations also as a member of the international JIP-FOSS group coordinated by DNV which is in charge of the new standards (with the updating of DNV-ST-0145 for floating) and application guidelines for floating stations. The main obstacles have been overcome, but there are still no floating station in operation so "upcoming" projects still try to bypass this solution. In any case, however, the effective international collaboration between the various players gives rise to hope for a forthcoming operational solution such as the sector and in particular Italy really needs

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I am sharing this very important announcement on a milestone agreement on Nuclear Energy just signed in Italy. Steel industries, electric utilities and the nuclear industry point to nuclear power as a determining factor for the competitiveness and decarbonisation of the Italian steel industry and, more generally, of energy-intensive production cycles. The memorandum of understanding announced by Federacciai, EDF, Edison, Ansaldo Energia and Ansaldo Nucleare lays a concrete basis for a short- to medium-term return of nuclear power to Italy and constitutes the first industrial response to the indications repeatedly expressed for the Italian government by Minister Pichetto Fratin in favour of the resumption of nuclear commitment at the national level. An important step for both decarbonisation and competitiveness of Italy and of the EU. Ansaldo Energia Ansaldo Nucleare Edison EDF Federacciai

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If you check the minutes of EU meetings, you will see the EU engaged in sanctions 71 times against Russia between 2014 and the "First" Sanctions Package, which itself took place BEFORE the military conflict with Ukraine began. So, if we are now up to the 14th Sanctions Package, this is actually the 85th time sanctions have been imposed against Russia over a 10 year period. If we are up to 85 times, this indicates the first 84 times did not work. What did Einstein say about insanity, that it was doing the same thing over and over again and expecting different results? Perhaps Einstein misspoke and intended to use the word, stupidity? This point is certainly open to debate.

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'A scheme designed by the #regulator since 2004 allows some #Italian #gas plants, both combined-cycle #power #plants and open-cycle turbines, to receive a #capacity #payment. This is a state #subsidy that maintains them #artificially #profitable and distorts their exit from the market based on pure #fundamentals. '

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New post-doc position open at the IGG-CNR (Pisa, Italy)🔬 Join the PRIN-PNRR project #NHEAT ‘Natural Hydrogen for Energy trAnsiTion’ and contribute to advancing our understanding of #naturalhydrogen. This project aims to identify potential areas in Italy rich in natural H2, playing a crucial role in the energy transition. #NaturalHydrogen #EnergyTransition #ResearchOpportunity #PostDoc #climatechange

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I was recently honored to participate in the first working session of the G7 Ministers’ Meeting on Climate, Energy, and Environment. In a groundbreaking new format for public-private consultation developed by the G7 Italia Presidency and the #B7, my messages in Italy were simple:   ✔ We need to encourage diverse, abundant, and efficient energy systems while eliminating emissions simultaneously ✔ Carbon management and emissions abatement technologies are a key aspect of achieving net-zero goals ✔ G7 governments can help by streamlining permitting processes, agreeing to common (and common-sense) regulatory standards, and moving urgently to scale new technologies   The G7 communiqué represents measured progress on each of these and affirms the important role of natural gas and LNG in addressing the energy trilemma. I was also pleased to see key elements of Baker Hughes' new energy strategy - including CCUS, low-carbon and zero-emission hydrogen and ammonia, emissions abatement, and clean power systems - reflected in G7 energy priorities. For me, the experience confirms the enormous importance of public-private dialogue and collaboration in developing good policy. Thank you to U.S. Chamber of Commerce, Confindustria, and all involved for a terrific session. Read more on the session summary: https://lnkd.in/dDduAx6w #G7 #EmissionsAbatement #EnergyPolicy #LNGexports #LNG #SustainableEnergyDevelopment Alessandro Bresciani Paolo Ruggeri Barbara Del Sala Claudia Quattrocchi Matt Armstrong  

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Delivering this morning's Keynote address on 'Lombardia: Europe's engine room of high-tech economic growth' at the GET Congress, Alessandro Spada, President of Assolombarda, commented: “The transition must be a real transition, especially on the green issue and on the energy issue. Energy is one of the most important factors for our competitiveness, and will be critical for meeting decarbonisation goals while following the aim of carbon-neutrality. For us it becomes especially important to address the nuclear issue, which allows us to use clean, affordable energy and rely less on other countries. To achieve this, it requires a commitment from all of us.” Find out more about the GET Congress and Exhibition:  https://lnkd.in/e9hi3syE #GETCongress #Decarbonisation #NetZero 

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Enrico Letta's report on the future of the Single Market is a timely catalyst for Europe to enhance its international competitiveness and reinforce its position as a leader of the energy transition 👏   "We welcome the roadmaps outlined in the report as they highlight the need for deeper integration across the finance and energy sectors and devise concrete actions to achieve net zero" Kristian Ruby commented. Such integration is crucial to boosting unprecedented investment into future-proofing our network infrastructure while spurring innovation and enhancing our international competitiveness. We hope these roadmaps will serve as strategic guides to strengthen the integrity of our Single Market and secure our position in the global market.   "On funding, the report suggests interesting new ideas which may help leverage additional capital while striking a balance between the need to expand EU-level funding support and enforcing state aid regulations to maintain a level playing field and prevent unfair competition.” #energy #energytransition #electrification #decarbonisation #EU #SingleMarket Charles Michel | European Commission | European Parliament | Council of the European Union | Belgian Presidency of the Council of the European Union 2024

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What a great experience to participate in the panel discussion “Il dramma antico e le sfide della diversità” at the Orecchio di Dionisio in Syracuse, an event organised by Fondazione Inda and Eni. Engaging with my fellow speakers Marina Valensise, Eva Cantarella, Francesco Morosi and Alessandro Grilli in such a historically and culturally rich setting was truly inspiring. The theme of the evening, ancient drama and the challenges of diversity, set the stage for an enriching dialogue on how cultural heritage can help us navigate the contemporary challenges of diversity and inclusion. At Eni, we believe that fostering a diverse and inclusive workplace is not just an ethical duty but also provides the company with tangible and measurable strategic benefits. Diversity is a fact, and while ensuring an inclusive environment demands significant effort and commitment, the benefits of breaking down barriers and creating a workplace where everyone feels valued and empowered are clear. On this journey of profound change and evolution, there is no room for distance or prejudice. #Eni #LifeAtEni #FondazioneInda #DiversityAndInclusion

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A “transitional FERX” will be setting rules for subsidies in Italy up to the end of 2025, with some significant differences compared to the long-term design. 📌 Despite the initial intention to provide locational signals to drive renewables build-out, no adjustment coefficients will be adopted to rank bids. We can expect that assets in areas with highest load factors will sit below in the merit-order, regardless of the local saturation level. 🔆 For solar assets, a correction factor will be applied to the awarded price, based on the local solar irradiance. Will it be rewarding or penalising? ❌ The FERX was expected to provide protection against curtailment risk since the potential energy rather than the actual one fed into the grid was supposed to be remunerated in the draft FERX design. However, it seems that the protection will be guaranteed after 20 years, by extending the duration of the contract for the occurred curtailed hours. #ferx #powermarket #subsidyscheme #energytransition #renewables

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