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Energy

TESTATA Energy

Energy

THREE IMPACT AREAS

PROMOTING ENERGY
EFFICIENCY

ENERGY TRANSITION AND
RENEWABLES

CLIMATE CHANGE
MITIGATION*

Promotion of energy efficiency at cross-sectoral level to achieve national and European objectives within 2030: optimization and technological upgrading of energy systems and processes, monitoring of existing projects, and dissemination of innovative solutions for the benefit of businesses, citizens, and public administration. Involvement of consumers through better understanding, information exchange, and market transformation on energy efficiency.

Increase of production, supply and sale of energy from renewable sources. Use of local energy sources in compliance with applicable EU law and use of technologies with greater effect on the economic chain at a national level. Development of mature technologies and promotion of research and innovation. Promotion of initiatives to reduce greenhouse gas emissions at a cross-sectoral level, through the development of shared strategies on different governance levels and the creation of sustainable and replicable solutions aimed at limiting the negative impacts of global warming.

*Climate change mitigation is not to be considered as an area of impact, but as the effect of areas related to energy efficiency and renewables

 

Overall, the shared-value ebitda deriving from activities within the “Pursuing carbon neutrality” driver is 282,1 million euros in 2023, or 36% of the total CSV ebitda.

58% of this share of EBITDA derives from activities related to the promotion of energy efficiency through:

  • commercial offers to energy customers that incorporate services and tools to monitor and reduce consumption;
  • energy efficiency services for condominiums, businesses and Public administration;
  • industrial cogeneration;
  • progressive energy efficiency in public lighting services, with particular reference to the extension of the number of municipalities where (i) only electricity from renewable sources is used, (ii) the consumption of electricity per equivalent inhabitant is less than 50 kWh/inhab. and/or (iii) where all the managed light points are LED.

The remaining 42% refers to energy transition and renewable energy sources. In this area, margins are recorded deriving from:

  • sale of renewable electricity with Guarantee of Origin (G.O.) and methane gas with greenhouse gas emissions compensation (guaranteed to every domestic user on the free market for the first 12 months from the signing of the contract);
  • electric power distribution (this activity is admissible and aligned with the EU taxonomy),
  • district heating (for the portion of heat generated from geothermal sources);
  • the production of renewable electricity from photovoltaics and from biogas deriving from anaerobic digestion of waste and from landfills;
  • biomethane production.

By studying the national and global scenario, Hera Group has established specific energy-related short- and medium-term goals, which are verified and renewed annually.

 

Page updated on 16 April 2024

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Hera SpA, Viale Carlo Berti Pichat 2/4, 40127 Bologna, Tel.051287111 www.gruppohera.it