San Donato Milanese/Roma, February 5th 2024 – Snam, in cooperation with Confindustria, is officially launching a market test on hydrogen demand in Italy and, in partnership with Eni, a collection of non-binding expressions of interest for the transport and storage of CO2 within the framework of the carbon capture and storage (CCS) project recently announced in Ravenna. These initiatives are part of Snam's broader activities to support Italy's energy transition. The cooperation with Confindustria will help identify and explore two strategic markets associated with manufacturing and energy-intensive sectors, to achieve Italian and European decarbonization goals. The information gathered will be shared with relevant institutions involved in defining the regulatory framework and will serve as a key-reference for planning the development of hydrogen and CCS sectors in Italy.
"In the current energy scenario, security and energy transition are two sides of the same coin. Snam, besides ensuring continuous energy supplies, is committed to developing an infrastructure system ensuring the transportation of decarbonized molecules in Italy and Europe," Piero Ercoli, Executive Director of Decarbonization at Snam, commented. "With the launch of the dedicated hydrogen market test and the collection of expressions of interest for the Ravenna CCS project, we aim to confirm Snam's key-role in facilitating the achievement of Italy's decarbonization goals, taking into account the characteristics of its industrial fabric".
"The extraordinary events that have unfolded in recent years have forcefully highlighted the issues of strategic independence and national and European energy security, making it essential to adopt new solutions capable of reconciling environmental sustainability objectives with those of industrial policy and socio-economic stability," Raffaele Langella, Director General of Confindustria, added. "The response to these needs for our country also involves building an energy mix based on the complementarity of various technological solutions, including renewable hydrogen and CCS. We are confident that this initiative will facilitate the path of energy transition by leveraging investments in research, simultaneously achieving three different objectives: decarbonization, competitiveness, and supply chain security."
For the achievement of European targets, the implementation of decarbonization projects requires pragmatism and synergies among operators in the energy industry, crucial to address the real needs of the industrial, transportation, and civil fabric of the territory.
Both initiatives will be presented through a dedicated webinar, scheduled for 11amCET on February 7th, accessible at https://snam-2024.ambientivirtuali.it/register.php.
The activities will end on April 5, and the results will be shared in aggregate form by the third quarter of 2024.
In particular, the dedicated hydrogen market test aims to gather technical and economic data and information to delve into the current and prospective state of play on consumption and production of hydrogen, both as an energy vector and as a raw material. This information will also be used to assess the market's alignment with national and European targets.
The collection of expressions of interest for the transport and storage of CO2 is designed to inform stakeholders about the Ravenna CCS project jointly developed by Eni and Snam. It involves gathering basic data from interested emitters, and, in a non-binding manner, their interest in this decarbonization solution.
Based on the collected data, which will complement existing information, Eni and Snam can optimize the project's development, with a specific focus on CO2 transport methods and solutions.
All information about the initiative is available on the dedicated page of the Snam website (https://www.snam.it/en/our-businesses/hydrogen/hydrogen-and-CCS-market-test.html), where links to individual questionnaires can be accessed.
source. snam.it
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