The energy mix
Let’s embark on the transition towards a low-carbon future with a mix of natural gas and renewables.
We are an energy company
The world we are living in today no longer needs the big installations of the past. It has become increasingly nuanced, with energy no longer meaning just oil, carbon or gas, but something much more complex.
The energy sector’s reply to climate change: transformation
The Paris Agreement was adopted in November 2016 and, as outlined by the International Energy Agency (IEA), it is first and foremost an energy agreement. The energy sector bears a great responsibility in terms of greenhouse gas emissions: that’s why its transformation is crucial in order to reach the objectives set out in the agreement.The transition towards a sustainable energy mix
Faced with a continuously evolving world where environmental challenges are becoming more urgent, Eni has decided to change the energy mix, combining natural gas and renewables. This model combines economic, social and environmental sustainability and responds to the growing demand for energy as well as the challenges of climate change. We are committed to a decarbonisation plan for business sustainability over the long term, which is based on three key elements:- reduction of carbon impact
- low-carbon portfolio and promotion of natural gas as a transition source for electricity generation and power for transport
- commitment to renewable energies
Eni can substantially contribute to the decarbonisation of the system and the evolution towards a more sustainable energy mix that is cleaner and therefore more suited to the future.
Luca Cosentino, New Energy Solutions Direction
The role of natural gas in sustainable energy
Promoting the use of gas is a key part of Eni’s decarbonisation strategy. Based on IEA 2016 data, global energy demand will increase by 30 per cent between now and 2040. Gas is the best possible partner for renewables during the transition towards sustainable energy. Natural gas power plants are more efficient from an environmental standpoint as they produce about half the CO2 emissions of coal power plants. In terms of cost, gas is a highly competitive resource; it is also reliable and safe. Therefore it is the best and most flexible energy source to use in the generation of electricity. Gas is also available and easy to access. Currently, 58 per cent of our portfolio features gas-related plans.We wish to promote the development of renewable energies by supporting their distribution in countries where we are active and by stimulating technological research.
Claudio Descalzi
