Energy consumption
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Energy consumption

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In 2021 the total energy consumption amounted to about 14,157 TJ (increased respect to 2020).

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Renovit has obtained the B Corp certification which rewards companies that operate according to the highest standards of social and environmental performance, responsibility and transparency.

The energy used depends both on the amount of gas transported and on the point of entry into the national grid, which influences the route the gas must take to reach the distribution points and therefore affects the energy requirements of transport.

In 2021, energy consumption totalled 14,157 TJ (+16.5% vs. 2020). The energy mix is almost entirely composed of natural gas (96.5%), which is used for the operation of transport, storage and regasification plants, for heating buildings and for transport. The other sources used are electricity (2.8%), which is needed mainly for the operation of industrial sites, as well as for lighting and heating/air conditioning in offices and servers. Other fuels (diesel, gasoline, LPG) and heat, which together account for 0.7% of total energy consumption, are used for plant operation, heating and as fuel for the company fleet.

Energy consumption increased compared to 2020: the use of the North African import backbone, which is more energy-intensive, in fact resulted in an increase in consumption greater than the increase in gas fed into the network.

The trend in energy consumption is strongly linked to the core business activities. In particular, in the case of gas transportation, the use of more energy-intensive import backbones, such as the North Africa one, compared to less energy-intensive ones, such as the northern Europe and Russia backbones, can lead to an increase in consumption. This explains the 16.5% growth in consumption compared to 2020: the use of the North African backbone, in fact, resulted in an increase in consumption greater than the increase in gas fed into the network (+ 8% compared to 2020). Compared to the regasification business, the reduced amount of regasified gas led to a decrease in consumption of the regasification plant (-57% compared to 2020). Finally, for the storage of natural gas, consumption, reduced by 12% compared to 2020, decreased more than the stored gas, reduced by 6%, as the turbochargers were used more efficiently, reaching lower maximum pressures than the previous year.

Energy consumption (TJ)

 

Energy consumption by activity (%)

 

Together with CDP Equity, Snam has created Renovit S.p.A., a company responsible for the development of energy efficiency initiatives and the production of energy from renewable sources for residential customers, in the industrial and tertiary sectors and for the Public Administration. Renovit has also obtained the B Corp certification which rewards companies that operate according to the highest standards of social and environmental performance, responsibility and transparency.

With a view to offering an energy efficiency service throughout the country, together with CDP Equity, Snam has created Renovit S.p.A., a company responsible for developing energy efficiency and renewable energy production initiatives for residential, industrial, service and Public Administration customers. The company operates through the subsidiaries Tep Energy Solution S.r.l., Mieci S.p.A. and Evolve S.p.A. and, considering only the activities of Tep carried out in 2021, the CO2 emissions avoided were approximately 10 thousand tons, an increase compared to 2020 (5 thousand tons). Overall, however, all the activities in the field of energy efficiency and the redevelopment of buildings carried out by the Renovit Group during the year avoided CO2 emissions for about 14 thousand tons.
In addition, Renovit obtained the certification of B Corporation following the audit conducted by B Lab, a US non-profit body, which certifies companies that operate according to the highest standards of social and environmental performance, responsibility and transparency. B Corporation certified companies combine the objective of economic profit with a declared objective of positive impact on society, the environment or people and are recognized as regenerative companies capable of creating value for society, using business as a force for good (business as a force for good).
Renovit is the first Italian B Corp in the energy and environment sector in terms of number of employees and turnover and one of the top ten European companies in the same sector. The award reflects in particular the environmental and social value of Renovit's business model and certifies correctness and transparency of the Company's work towards all its stakeholders.

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updated
03 May 2022 - 17:38 CEST