Italy

The challenges we face

In line with the objective set by the European Union of becoming carbon neutral by 2050, Italy too is pursuing an energy strategy to achieve this goal, investing in energy efficiency, renewables and conversion of the production system.

As the European Union continues to play a global leadership role in reacting to climate change, setting itself increasingly ambitious objectives such as achieving carbon neutrality by 2050, Italy is engaged in a vital process of energy transition. Its commitment to pursuing ambitious national decarbonization targets goes hand-in-hand with the promotion of an economic recovery based on a development model in keeping with the United Nations’ Agenda 2030. Italy’s decarbonization policy depends, in particular, on a massive commitment to energy efficiency, investment in renewables and an environmentally friendly conversion of the production system.

Our strategy

As well as conducting our traditional business, we are developing various renewable energy projects, strengthening our ties with universities and research centres. At the same time, we are making efforts to encourage industrial efficiency by adopting a circular-economy model.

In Italy, we are active in all branches of the energy industry, from Upstream to refining and chemicals, and from R&D to the marketing of our products. In recent years, we have also been increasingly committed to developing renewable sources of energy and to circular economy processes. We are working on a daily basis to develop the most promising technological solutions, in line with the National Energy and Climate Plan, and, in general, with ever more stringent national policy standards. We are carrying forward an ambitious transformation strategy, based on efficiency, digitalization, integration, use of new technologies and development of renewables, so as to offer an increasing number of green, low-carbon and environmentally friendly products, following circular-economy principles. We continue to invest in Italy, developing technologies to change the way in which energy is produced and consumed, generating value for society and the environment through 70 joint ventures with Italian and international universities and research centres, as well as running seven research centres of our own in Italy. This process of transformation began in 2014, in Venice, with a global first: the conversion of a traditional refinery into a biofuel refinery. A project followed up, in 2019, with the conversion to bio of the Gela refinery. This transformation of our refining capacity will enable us to use increasingly sustainable feedstocks and to be palm-oil free by 2030. In future, thanks to an Eni Rewind project, it will be possible to produce bio-oil on an industrial scale, obtained by converting the organic fraction of solid urban wastes, for use in maritime transport or, through bio-refining, for producing high-performance bio-fuels. In 2016, we launched a major photovoltaic deployment project, minimising land use by reclaiming former industrial areas. In 2019, we started another industrial-scale project to develop installations to produce energy from wave power, in conjunction with our partners CDP, Terna and Fincantieri. In 2020, this partnership was boosted by the inauguration of an all-Italian marine energy research laboratory. Also in 2020, we took on new challenges and grasped fresh opportunities, carrying out a feasibility study for a project to capture and store CO₂ in mature-phase underground rock formations in the Ravenna area and promoting the production of hydrogen – a key energy solution for the decarbonization of hard-to-abate sectors – in partnership with major Italian enterprises, including Enel, SNAM and CDP. These are all fruits of the research we are conducting in our laboratories, in conjunction with some of the country’s finest universities and research centres, all of which bears witness to the strategic value Italy places on our development plans.

The main results in Italy

In Italy too we create energy, aiming for efficiency and sustainability in all areas of the business. The following infographics summarise the main 2019 results in the renewable energy sector, Exploration & Production, Gas & Power and Refining & Marketing activities, chemicals and environmental remediation activities through Eni Rewind.

Decarbonization and the circular economy

To ensure long-term sustainability of a low-carbon future, we are on a path towards decarbonization. It is one of the pillars on which our business model is based and supports an energy model in which everyone has access to innovative and clean mixes of energy. The urgent need to protect the environment is a great challenge but also an opportunity to save the planet while building a new, more inclusive economy. This requires our commitment and focus. We need to change mindsets and business models, which can be achieved by reducing waste.

Digitalisation, people and transformation

Digital transformation is a process that affects our entire company across the board. It improves safety, ensures asset integrity, promotes people's skills, increases energy and operational efficiency and drives business opportunities. Italy is at the heart of this road, from project conception to building the first digital lighthouse. We are technologically committed in many areas: artificial intelligence, blockchain, virtual reality, augmented reality, advanced robotics, internet of things and sensors.

It is our people who bring about this transformation. By interacting with technology, we can act faster, more efficiently and more flexibly, ensuring that the company is increasingly sustainable in relation to the environment and its stakeholders and more competitive on the reference market, with the aim of contributing to the energy transition.

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Italy

The country in which we started is where we invest the most

The challenges we face

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The main results in Italy

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Exploration & Production 2019

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Decarbonization and the circular economy

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Digitalisation, people and transformation

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