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Enel distances the French in renewables

2020-11-25T09:30:13.984Z


EDF and Engie want to be inspired by the model invented by the Italian to reorganize.Between the Total or BP oil companies and electricians like the Spanish Iberdrola, competition is raging with billions of euros of investment in renewable energies. The latest to display figures as massive as they are impressive, the Italian Enel. He announced on Tuesday that he was still accelerating in the field. Out of a total budget of 38 billion euros, it intends to allocate 17 billion euros


Between the Total or BP oil companies and electricians like the Spanish Iberdrola, competition is raging with billions of euros of investment in renewable energies.

The latest to display figures as massive as they are impressive, the Italian Enel.

He announced on Tuesday that he was still accelerating in the field.

Out of a total budget of 38 billion euros, it intends to allocate 17 billion euros by 2023 in this sector alone in order to increase its capacity in renewable energies by 33% compared to 2020, to reach a capacity of 60 gigawatts (GW), the equivalent of 37 EPR nuclear reactors.

Read also:

Renewable energies have overtaken fossil fuels in Europe

By 2030, the goals that Enel sets for itself are completely dizzy.

It plans to invest, sometimes with partners, 70 billion in renewable energies.

Enough to increase its installed base to 120 GW, which is double the figure for 2023 and nearly three times more than today.

Admittedly, these big figures with a rather distant horizon have the effect - if not

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Source: lefigaro

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