Andrea Cignoli

Today, I will be at the Global Energy Transition Congress, hosted in Milan. This event is a significant gathering of over 300 CEOs, ministers, and thought leaders, all focused on tackling the challenges and seizing the opportunities in our journey towards a net-zero future. I have the opportunity to speak at our Technip Energies booth at 4pm about the decarbonization of downstream industries. This topic is crucial as we strive to reduce emissions and innovate towards sustainable solutions in our energy systems. Decarbonizing downstream industries not only mitigates environmental impacts but also paves the way for cleaner, more efficient energy practices. Join me at the Technip Energies booth to engage in meaningful discussions on how we can collectively accelerate the energy transition and contribute to a sustainable future. #bepartofthesolution See you there! #GETcongress #EnergyTransition #Decarbonization #NetZero #SustainableFuture #TechnipEnergies

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𝗚𝗘𝗧ting ready for the Global Energy Transition Congress and Exhibition, starting tomorrow in Milan! 🔛 Access to reliable, affordable, and sustainable #energy is the challenge of our lifetime. Saipem is committed to helping engineer this energy future. ♻ Our low-carbon portfolio includes unique solutions for renewable energy (#wind and #solar), the #hydrogen / #ammonia value chain (green, blue and hybrid), #biofuels, biorefining and plastic #recycling. 👷‍♀️ 👷‍♂️ We have 60 years of relevant EPC expertise in the #CO2 value chain, from carbon capture to transportation, re-injection and reuse as urea (with our proprietary technology) and methanol. 🆒 Saipem's innovative proprietary #carboncapture technology "CO2 Solutions" is ready to be delivered to your site as a modular, plug-and-play industrialized solution. "#BluEnzyme" is your fastest and most eco-friendly solution to drive down emissions if you are an emitter in a hard-to-abate industry. 📍 Meet us at Booth n.D429 to discuss how we can deliver the solutions together. (I zoomed-in on the beautiful logo during my sneak peek of the venue early this morning) #WeAreSaipem #innovation #technology #engineering #energytransition #lowcarbon

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A “transitional FERX” will be setting rules for subsidies in Italy up to the end of 2025, with some significant differences compared to the long-term design. 📌 Despite the initial intention to provide locational signals to drive renewables build-out, no adjustment coefficients will be adopted to rank bids. We can expect that assets in areas with highest load factors will sit below in the merit-order, regardless of the local saturation level. 🔆 For solar assets, a correction factor will be applied to the awarded price, based on the local solar irradiance. Will it be rewarding or penalising? ❌ The FERX was expected to provide protection against curtailment risk since the potential energy rather than the actual one fed into the grid was supposed to be remunerated in the draft FERX design. However, it seems that the protection will be guaranteed after 20 years, by extending the duration of the contract for the occurred curtailed hours. #ferx #powermarket #subsidyscheme #energytransition #renewables

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