(Finance) – “The energy system is experiencing an unprecedented historical moment. It was thought that 2022 would be the year of return to normality following theCovid emergency; However, given war-related events, the last two years have represented a time of great turbulence for the sector energetic. Even in a still agitated context, we now have the opportunity to enjoy a sufficient period of time to better understand the phenomena that have occurred and understand which elements, triggered by the crisis, are taking on a more structural connotation”. This is what we read in a note from Edison which summarizes the contents of the hearing held at Arera, the regulatory authority for energy, networks and the environment.
“If he goals from the transition appear clear to us, the same cannot be said for the path necessary to reach them – underlined the energy company -. L’technological evolution is progressively making available solutions that contribute in different ways to achieving the decarbonisation objective. The challenge for system Italy is to be able to integrate all possible technological developments from a systemic perspective, while enhancing the contribution of the national industry. To do this, an enabling framework and a vision that goes beyond 2030 are necessary.”
“The role of gas thermoelectric generation will continue to be fundamental in accompanying the energy transition and it is therefore necessary to consider the Capacity Market a structural element of the post-2024 electricity market. On the other hand, if it is true that the gas it is the transition fuel, it is true that the reduction of CO2 emissions must be vigorously pursued. The central thermoelectric of new generation are well suited to investments for projects CO2 capture, guaranteeing the availability of programmable low carbon electricity. This, in addition to being the only immediately available solution, would represent an important competitive lever from a green perspective for theItalian steel industryae for all energy-intensive processes, as well as instilling a large-scale process of reducing CO2 emissions,” Edison explained.
“Even the wind offshore could play an important role in decarbonizing the country as well as thegreen hydrogenfor which it will be necessary to seek a balance between large-scale projects import and the production national. For both, an adequate regulatory and institutional framework will be necessary to accompany their development – continues the note -. The latest technology appearing on the horizon is new nuclear power, which could cover 10% of national energy needs by 2050. The new reactors can satisfy needs for heat, electricity, hydrogen production, are modular and can be complementary to the typical intermittency of renewables”.
“In a transition path marked by numerous medium-term decarbonization targets, including the District heating it can be an important enabling factor for the decarbonisation of end customer consumption. The introduction of a tariff regulation represents an element of important innovation with potential impacts that cannot yet be fully assessed on the level of planned investments and therefore ultimately on the potential development of the sector itself, also considering the technological developments underway. Therefore, it must be developed with special attention,” he added.
“The goal of decarbonisation can rely on multiple possible technological developments, but it is necessary to work now to build one cornice enabling at country level. It is appropriate for everyone to play their part and in this context, the role of ARERA will be fundamental”, concludes Edison’s note.