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"Reducing the cost of energy is the most urgent reform to be made, our growth and job creation depend on it. If there is a priority for Italian industry today it is this'. Thus in an interview with Foglio Aurelio Reginathe Confindustria president's delegate for energy. "We need a articulated control room at Palazzo Chigi because energy is a key issue for the future of our country. This vision is very clear to Giorgia Meloni, but there are a number of technical-legal implications that need a more structured control room'.
And in this regard he cites the example of Agriculture decreecurrently before Parliament. "There can be no schizophrenia: when a strategy is adopted, it must be pursued en bloc. Instead,' Regina said, 'on the one hand there is the Mase pushing for the electricity release (which provides for reduced prices for the energy-intensive industry in exchange for investment in renewables), and on the other the Ministry of Agriculture drastically limiting land use. There is no question that the decree is well founded, but it also excludes other possibilities such as orphan sites undergoing reclamation and the so-called solar belt, i.e. land within 500 metres of industrial plants'. The problem, Regina emphasised, is that limiting land use also means increasing prices: "In Italy the price of renewables is higher because of the cost of land, permitting, authorisations, and red tape between the regions and the state. Improving these aspects is a national task, we cannot hide behind the alibi of European bureaucracy'.
Energy policy,' he continued, 'is defined on three pillars: competitiveness, security and decarbonisation and you cannot act on one of them without assessing the impacts on the others'. Today the raw nerve is the competitiveness of our manufacturing. " The Italian price - reiterated Regina - is enormously higher than that of other European countries. The paradox is that while prices return to normal after the peaks of the energy crisis, Italy's disadvantage increases. At the beginning of the year, the average energy price on the power exchange was a quarter higher than the average, between May and June it is double the European average, with peaks that are five times higher than in Spain. This price gap has become unsustainable for energy-intensive sectors such as steel, plastics, cement, aluminium and ceramics'.
And speaking of Ets, he added: 'in other European countries they use the proceeds from Ets auctions to protect sectors from the risk of relocation and to support energy transition projects. In Germany, the compensation figure for indirect costs is EUR 2.6 billion. Here, out of 3.5 billion annual proceeds, only 140 million per year are for compensation: half of the proceeds are used to reduce public debt and not for the decarbonisation of companies paying Ets'.
Underlying the competitive disadvantage of Italian industry is also the national mix of electricity production: 'the demand for electricity is set to increase significantly, and if we want to reach our decarbonisation targets we need to produce and consume more electricity reducing the gas supply', Regina said. "There is a shared vision and goals with the current government and we think that nuclear power is indispensable. Small modular reactors perfectly accompany the three pillars we were talking about earlier, because they affect the price system and thus competitiveness, they guarantee the country's energy security and autonomy, and they give a very important blow to the decarbonisation goals. Confindustria is setting up a study commission bringing together the entire industry sector and institutions to assess legislative, economic and technological aspects. "The idea,' he announced, 'is to have all the answers on costs and implementation in a couple of months. Given our industrial system, we are talking about sustainable numbers: we could have 10 or 15 micro generators for as many industrial districts'.
Speaking of the New European Commission and ParliamentRegina emphasised: 'Europe's competitiveness is the priority. We need to integrate the European energy markets more and reforming electricity marketsso as to keep the prices of renewables and gas separate,' is the proposal of Confindustria. Which also calls for a revision of the Co2 market regulations: "Ets has become an environmental tax, In that market, it was the industries that were supposed to exchange CO2 quotas, not the hedge funds. There is also,' he added, 'the hope that the new political balances in Brussels will make it possible to correct the Fit For 55 package with a view to technological neutrality. The example is the ban on endothermic engines in 2035This is a Taliban approach that penalises Italy's strongest biofuel front'.
We must have the courage,' Regina concluded, 'to launch a common industrial policy with European fundsfollowing Mario Draghi's lead. But by reversing the direction of what has been done so far: Instead of only giving rebates to those who buy electric cars or to companies that buy panels made in Europe research and development should be stimulated with policies on the technology supply side as the US does with Ira. It is a more circuitous route but one that prioritises European industrial policy, contributing to decarbonisation without enriching other countries on which we are becoming increasingly dependent'.