Our world is changing. Global warming is not only altering nature but also the way people live. In this context, Eni adopted last year its 2050 net zero strategy, aimed both at satisfying the world's growing energy needs while also avoiding greenhouse gas emissions into the atmosphere.
As the company transitions to net zero, Eni is changing its energy mix, increasing its offering of carbon neutral products and building up its portfolio of renewable energy solutions.
In the UK, Eni UK's main energy transition businesses are focused on wind power, and carbon capture, utilization and storage, also known as CCUS. Helping speed the transition to net zero, CCUS technology helps existing industry effectively tackle CO2 emissions — in particular for “hard to abate" sectors. Instead of CO2 being released into the atmosphere where it can contribute to global warming, it is captured, transported, and permanently stored far underground. The International Energy Agency has said that the capture, utilization and storage of CO2 must be a pillar of the efforts to eliminate net greenhouse gas emissions within this century.
Seeing this opportunity, Eni became the cluster leader for HyNet North West, which is helping to capture and store carbon from North West of England and North Wales, one of the UK's most important industrial regions, as well as one of its most energy-intensive industrial districts.