Energy: focus on national supply chains for renewables and the circular economy. We need a targeted industrial policy and streamlined bureaucratic procedures
 
Confindustria and Deloitte survey: enhancing production capacity also for safety reasons. Net zero industry act unprecedented opportunity
 

Rome, 23 October 2023 - Define a strategy for the national energy transition with a 10-year horizon. This is what companies demand from the institutions to give clear signals to the market and generate the conditions for a organic development of supply chains in the renewable energy sector. This is one of the elements that emerges from the survey "Competitiveness in green technologies, a new industrial policy for Italian companies"conducted by Confindustria and Deloitte on a sample of companies associated with the Confindustria system, selected as sector leaders, and members of the Federations Elettricità Futura, Anie and Anima, which was presented this morning at Confindustria in Rome.

Companies also demand a streamlining of bureaucratic processes pointing out how the excessive duration of authorisation processes for theinstallation of renewable energy systems is one of the main obstacles for operators wishing to invest in Italy. Finally, it is crucial for companies to strengthen the recycling chain in the area of sustainable technologies, recognised by companies as an excellence and strategic opportunity for Italian industry: legislation supporting such industrial capabilities would, in fact, reduce dependence on foreign markets for raw materials, increasing the sustainability of value chains. With the decarbonisation targets of the PNIEC Italian demand for green technologies in the coming 7 years will be about 118 billion per year according to government estimates, an unprecedented opportunity for those who will be ready to provide these technologies.
 
"The policy of incentives - declares Aurelio Regina, Chairman of the Confindustria Energy Technical Group - It must not be scattered, risking benefiting low-cost production outside the EU, but must instead favour the development of a production capacity, i.e. strategic supply chains capable of intercepting demand for new green technologies. In the EU we are finalising the Net zero Industry Act for the relaunch of green supply chains, for which investments for the development of production capacity in key technologies are estimated at between EUR 80-100 billion: the country must be ready with a clear idea of the opportunities that the Italian industrial fabric will be able to seize."
 
"For Italian companies, the challenge of decarbonisation and renewable energy is one of the most important ones - declares Fabio Pompei, CEO of Deloitte Italy. Faced with the climate emergency we are experiencing, Italy must rethink its industrial development model, combining sustainability targets with the development of competitiveness and the production capacity of supply chains. Our country has the necessary tools to excel in these fields, and this is what we see from our privileged observatory at Deloitte, where we work daily with over 8,000 Italian companies in various sectors'.