TESTATA Energy

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Energy

3 IMPACT AREAS

PROMOTION OF ENERGY
EFFICIENCY

PROMOTION OF RENEWABLE
ENERGY SOURCES

REDUCTION OF GREENHOUSE
GAS EMISSIONS

Promotion of energy efficiency at a cross-sector level and achievement of European objectives by 2030, by updating energy systems, promoting innovative solutions that also benefit companies and monitoring existing projects. Involvement of consumers through better understanding, information exchange and market transformation on energy efficiency Increase in the production of energy from renewable sources and in the share of Italian consumption of energy from renewable sources. Use of local sources in compliance with current EU regulations and use of technologies with more significant impact on the economics sector at Italian level. Development of currently mature technologies and promotion of research and innovation Promotion of initiatives to reduce greenhouse gas emissions across sectors, by developing joint strategies at several levels of governance and creating sustainable and repeatable solutions aimed at limiting the negative impacts of global warming

 

Hera Group has defined specific short and medium-term objectives for each impact area of the smart use of energy driver, on the basis of an analysis of the Italian and global scenario. We check and redefine these objectives yearly.

In total, the EBITDA for CSV related to the "Smart Use of Energy" driver was 66.9 million euro, amounting to 17% of the overall EBITDA for CSV. 

70% of this share of EBITDA comes from initiatives aimed at the promotion of energy efficiency, through the development of commercial offers to Group customers and the reduction of internal energy consumption, with particular attention to water services, public lighting and district heating. The residual percentage of EBITDA for the smart use of energy is connected to the spreading of renewable energy achieved both with commercial activities and through the production of energy from renewable sources.

Page update 15 February 2021

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