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/ Federico Tassan-Viol
/ Filomena Annunziata
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/ Michele Governatori
This analysis proposes a simplified and aggregated policy framework that’s consistent with the transition towards climate neutrality as well as an outline and assessment of the policies currently in place in the cement industry in Italy, which is the second largest producer of cement in the European Union and a major consumer of cement and concrete.
The biggest obstacle for zero/low emission or green steel is the simple fact that, within the current market, it isn’t cost-competitive. In light of the complex regulatory framework that has been developed around energy and climate objectives, this policy paper offers a perspective and a conceptual outline for defining a policy framework that’s consistent with the country's emission reduction goals.
The significant contribution to national emissions by the manufacturing sector depends on its reliance on the use of fossil fuels for energy purposes, as well as on emissions that are inherent in certain production processes (e.g. cement, chemicals, etc.). Framing the country’s industrial development prospects within the path of reducing greenhouse gas emissions represents a strategic opportunity. The definition of the National Energy and Climate Plan (NECP) due by next June, is a unique opportunity for action.
A propaedeutic analysis for the revision of the National Energy and Climate Plan (NECP). Estimates of the total investment that Italy needs in order to align with the new European Fit-for-55 targets range between an average of EUR 122 and EUR 134 billion per year. The additional investments needed are therefore EUR 30-42 billion per year higher than estimated in the NECP (2019), and 2-3 times higher than the amount allocated in the NRRP for the green transition in the 2021-26 five-year period (an average of EUR 14.4 billion per year).
Italy, like other European countries, has been called upon to structure the process of updating the Integrated National Energy and Climate Plan (NECP) through public participation and effective multi-level dialogue, as envisaged by the Energy Union Governance Regulations and reiterated by the Commission’s Guidelines for revision of the Plan. This work shows the availability of resources, time and knowledge to make the NECP a plan that reflects the needs of the country, through a participation-based path.
This analysis proposes a simplified and aggregated policy framework that’s consistent with the transition towards climate neutrality as well as an outline and assessment of the policies currently in place in the cement industry in Italy, which is the second largest producer of cement in the European Union and a major consumer of cement and concrete.
The biggest obstacle for zero/low emission or green steel is the simple fact that, within the current market, it isn’t cost-competitive. In light of the complex regulatory framework that has been developed around energy and climate objectives, this policy paper offers a perspective and a conceptual outline for defining a policy framework that’s consistent with the country's emission reduction goals.
The significant contribution to national emissions by the manufacturing sector depends on its reliance on the use of fossil fuels for energy purposes, as well as on emissions that are inherent in certain production processes (e.g. cement, chemicals, etc.). Framing the country’s industrial development prospects within the path of reducing greenhouse gas emissions represents a strategic opportunity. The definition of the National Energy and Climate Plan (NECP) due by next June, is a unique opportunity for action.
A propaedeutic analysis for the revision of the National Energy and Climate Plan (NECP). Estimates of the total investment that Italy needs in order to align with the new European Fit-for-55 targets range between an average of EUR 122 and EUR 134 billion per year. The additional investments needed are therefore EUR 30-42 billion per year higher than estimated in the NECP (2019), and 2-3 times higher than the amount allocated in the NRRP for the green transition in the 2021-26 five-year period (an average of EUR 14.4 billion per year).
Italy, like other European countries, has been called upon to structure the process of updating the Integrated National Energy and Climate Plan (NECP) through public participation and effective multi-level dialogue, as envisaged by the Energy Union Governance Regulations and reiterated by the Commission’s Guidelines for revision of the Plan. This work shows the availability of resources, time and knowledge to make the NECP a plan that reflects the needs of the country, through a participation-based path.