CO2 AVOIDED: A POSITIVE IMPACT OF RENEWABLE SOURCES​

The ERG Group has been active in the world of energy for more than 80 years: in this long period of time, the sector has undergone profound and rapid changes, particularly since 2015, the year of COP21 in Paris.

Since then, the world's attention has turned to combating climate change, with the plan to create a decarbonised economy and replacing traditional electricity generation, which is responsible for around 30% of emissions, with renewable generation. Anticipating these trends, we started investing in the wind power sector as early as 2006 and, after exiting refining in 2008, we identified the increase in installed capacity in renewable energy, wind and solar power plants as our only development direction. This approach was subsequently confirmed in the 2021-2025 Business Plan and even more reinforced in the 2022-2026 Business Plan.

Thanks to our green production (wind power and photovoltaics), we avoid the emission of several million tonnes of CO2 each year: in 2022, this amounted to 2.7 million tonnes of CO2, equivalent to more than 700,000 Rome/New York round trip flights.