Danish Royal Visit to Italy

Rome

6 - 8 November 2018

Urban & Cleantech - Italy invests

The Urban & Cleantech sector focus will be on energy efficiency in buildings, and water cycle management. These two topics will be addressed in two main perspectives: opportunities under current and upcoming regulation frameworks, and financial solutions to unleash investments in a potential EUR 110 billion market until 2030.

 

Italy is a European frontrunner on energy transition

At the beginning of 2018, Italy was the third leading country in Europe for energy consumption powered by renewables, representing about 11% of all renewable energy consumed in the European Union. Over one third of the electricity produced in Italy is “green”, but Italy has ambitions to further increase its green and energy efficiency focus. To do so, the country is introducing a range of large investment initiatives within energy efficiency and green transition in general. These include new rules for wind and hydro retrofit and re-powering; a reform of the energy-saving securities scheme; a fine-tuning of two on-going subsidy schemes for energy efficiency retrofits in private and public buildings; and the scheduling of new public auctions for wind and photovoltaic power plants.  Italy’s move from a high-carbon/low efficiency system to a low-carbon/high efficiency system opens up great business opportunities for Danish companies within the energy and cleantech sectors.

 

New National Energy Strategy – SEN2017

At the end of 2017, the Italian government introduced a new National Energy Strategy, the SEN2017, which is the central ten-year industrial plan for the Italian energy sector. Despite the fact that Italy has already reached its 2020 EU targets on renewable penetration, SEN2017 sets challenging objectives for the Italian energy sector, with a complete phase-out of coal-generation by 2025, and a 30% energy consumption reduction (based on the 2030 scenario). This indicates investments in energy efficiency of EUR 110 billion, with a strong focus on residential buildings, the manufacturing industry, the service industry, smart grids, smart cities and e-mobility. These are all sectors where Danish companies can deploy their know-how and technologies to enter and influence the market.

 

 

Water

Water consumption and water supply in the current climate change scenarios is a big issue and a challenge in Italy. This offers great market opportunities for Danish companies. The Italian historical abundance of fresh water is facing unprecedented challenges, and in the last couple of years, numerous local droughts have been registered across the country causing gross losses for among others, the agricultural sector. An improvement in the water cycle management through new regulations and technology updates in wastewater treatment and water resources management could be part of the answer to Italy’s current water challenges.