23 November 2015
Titled “Oil and Climate Change: Strategies on Energy Efficiency Credits”, Head of Watson Farley & William’s (“WFW”) Italian offices Eugenio Tranchino has been interviewed by Vitaliano D’Angerio for an article in Il Sole 24 Ore, a leading newspaper in business, financial and regulatory information in Italy.
Eugenio discusses cutting fossil fuel emissions in Italy and how the Italian energy sector is fragmented in the current market. He suggests there could be potential mergers between energy companies in the future, in order to make the industry stronger. There is also an interest from foreign companies to invest in Italy, particularly in the renewable sector.
Eugenio also talks about the Italian renewable energy market. In particular, how certain sources of renewable energy, such as solar power were expected to produce only 20GW (Gigawatts) of energy, as opposed to the current 180 GW that they produce now with today’s technological advancements.
The annual Cop21 Conference is also mentioned in the article, where countries who want to take action for the climate gather. This year’s conference will take place in Le Bourget, France, from the 30 November to 11 December.