(Finance) – “Innovation must go hand in hand with sustainability, at Enel we talk about Innovability, a crasis of innovation and sustainability because we want to innovate but moving towards the Net Zero goal. Decarbonising the economy today has only one solution: use more electricity and produce electricity using renewables “. That’s what he said Antonio Cammisecra, Head of Enel’s Global Infrastructure and Networks, in his speech during theNet Zero Grid Day event, held today at the Garbatella Theater in Rome, which saw the presentation of the Net Zero strategy focused on eliminating CO2 emissions from activities, reducing network losses and adopting low-emission circular materials and components.
“The Net Zero Grid Day is an initiative that we have launched in which we declare Enel’s ambitions of decarbonization by 2040. Also in the field of electricity distribution networks – he explained Cammisecra on the sidelines of the event – we have our decarbonization trajectory that will lead us to be at Net Zero emissions by 2040. This means designing a trajectory of technological evolution, investments, infrastructure renewal, so that it can be completely let’s say compatible with this ambition: therefore much less emissions, let’s say zero emissions, and where we fail to eliminate them we will mitigate them, compensate them with alternative projects. Today we launch this initiative in a particular way because we do it in an open way. This is a challenge that makes no sense to live alone as Enel networks because in reality it is the challenge that all distribution networks in the world will have to experience. Remember that emitting is one gram of CO2, no matter where it is done, it still causes damage. So we must all together as an industry evolve this decarbonisation ambition towards this. Today we announce our commitment but we also announce an interesting open collaboration initiative because we are launching the Open Power Grids Association which is an association through which anyone who wants to can collaborate in the active definition of the new sustainable specifications of the technologies that we will use from today until 2040 to achieve this ambition. It makes no sense – concluded Cammisecra – to work alone, it makes much more sense to work collaborating because the enormous but feasible effort we have before us is done much better if we work together towards this common goal “.