Founded in 1962, Enel has been powering Italy for over half a century, bringing light, technology, innovation and progress to every corner of the country. As stressed by Francesco Starace, Enel’s CEO, these are the foundations on which our company has evolved over time, building a body of expertise that makes the Group a world leader in the energy sector.
In recent years, Italy’s energy industry and market have undergone profound changes, and the transformation of the energy sector continues today as it moves towards new production models that are increasingly sustainable. The market is becoming smart, more interconnected and more capable of meeting the new requirements of its consumers.
Customers are and will increasingly be at the heart of the system, no longer as passive users but as direct and demanding participants who are well informed about their own consumption, the efficiency of the system and value-added services.
In this complex and rapidly changing context, it is essential to look to the future, investing in technologies that can drive the energy transition and identifying, where possible, the potential of new interactions with different industrial sectors. Continuing on this theme, Enel’s 2020-2022 Strategic Plan has confirmed the Group’s focus on digitalisation and attention to customers.
Our Group is the leading network operator with 70 million consumers, which is the largest domestic consumer base in the world. The Strategic Plan focuses on further developing renewable forms of energy which, thanks to their growing competitiveness and reliability, have become an integral part of the Italian energy mix. The progression towards a leading role in the global energy mix is set to continue over the coming years, driven by decreasing costs, growing environmental awareness and new consumer habits.
Enel is playing a key role in this process. With 43 GW of capacity managed in 2019, Enel has consolidated its global leadership in renewable energy. And with overall investments of 28.7 billion euro planned for the period 2019-2021 (+11% with respect to the previous strategic plan), we will continue to lead the energy transition.
Last year Enel Green Power, the company which Enel specifically set up for the development of clean energy, celebrated its tenth anniversary. Today it is the world’s leading private operator in this sector.
Important projects are centred on our customers. In Italy the installation plan for the latest generation Open Meters (about 40 million by 2030) will allow us to seize the opportunities offered by new digital technologies and provide innovative services for a more conscious use of energy.
In order to meet the challenges presented by the transformation of the energy sector, Enel X (the company that the Group set up in 2017) is developing innovative products and services which focus on sustainability and energy efficiency for the home, apartment buildings, businesses and cities.
In particular, Enel X is committed to promoting electric mobility through the development of a widespread network of charging infrastructures. We will have installed 7,000 columns by 2020, and 14,000 by 2022. The charging stations will be located in urban centres, as well as on major roads outside cities to enable the use of electric cars out of town for long distance travel.
Our other initiatives in Italy include Futur-e, an Open Power circular economy project for the conversion of 23 disused power stations and a former mining area. Today, thanks to the involvement of local communities, these sites can tell new stories of sustainable development and innovation.
And our subsidiary Open Fiber is working on the installation of fibre-optic cable across the whole of Italy, helping to bridge the digital divide that still affects some parts of the country.
Through these and many other measures and thanks to our continuous and wide-ranging presence across Italy, we will continue our work: bringing energy to people, communities and the country, creating new services and driving Italy’s energy transition. Francesco Starace concluded that all this represents a New Energy Economy that generates shared value for our company, for all our stakeholders and for the environment, and it enables us to continue to power innovative ideas for the competitiveness of the Italian system.