Responsability towards everyone
Snam is much more than a company that builds and manages energy infrastructures: with the work of its people it guarantees secure supplies, enables millions of homes to be heated, connects countries and communities, creates opportunities for development while respecting the environment and is a key player in the energy transition
In September 2020, the European Council presented NextGenerationEU, which will help repair the damage caused by the pandemic to create a post-Covid-19 Europe that is greener, more digital, resilient and fit for present and future challenges, setting specific parameters for the use of funds aligned with those of the European Green Deal. Innovations also continue on the climate change front: following the February 2021 elections, the United States rejoined the Paris Agreement and China announced in September 2020 that it would achieve carbon neutrality before 2060.
Achieving the global climate targets, which many countries have announced or are working on for the next 30 years, requires significant investment in the decarbonisation of the energy sector, which faces a twofold challenge: on the one hand, accompanying the recovery by securing energy supplies; on the other hand, preparing for an epochal transformation, which sees energy transition as the fundamental tool for combating climate change.
In this context, Snam is determined to play a leading role in achieving the objectives outlined at European and global level for the success of the energy transition and the creation of a sustainable economic model, seizing the opportunities that this important challenge offers.
In addition to regulated activities, such as the transport of high-pressure gas, Snam has been adding for years non-regulated businesses that will play a leading role in the Country's energy transition such as energy efficiency, sustainable mobility and the development of green gases (biomethane and hydrogen).
This role of great responsibility towards the country is also reflected in the company’s willingness to implement a sustainability strategy based on shared value. For example, Snam makes some of its spaces and its knowledge available for the benefit of local communities, and develop partnerships to benefit local areas also with the help of Snam Foundation.
Snam for the energy transition
Snam has developed future energy scenarios in which it has outlined its business strategy in line with the European and national decarbonisation objectives and with an ever increasing commitment to energy transition.
In conjunction with Terna, Snam has developed the “Document Describing the 2019 Scenarios”, a preliminary study for the preparation of transmission and transportation network development plans in the electricity and gas sectors nationally. This study develops joint Snam-Terna energy scenarios showing how technological development together with collaboration and synergies between the electricity and gas industries could be the key for reaching the emission reduction targets. The scenarios put forward, in a context of economic growth, highlight how the European decarbonisation objectives will lead to the increasing use of green gases, such as hydrogen, biomethane and synthetic methane, partly replacing natural gas, not only in thermoelectric power plants, but also in end uses: civil, industrial and transport.
29 April 2021 - 11:17 CEST