Confirming their respective commitments to decarbonization, FNM and Eni have signed an LOI that sees them launch a strategic collaboration aimed at speeding up the process of transitioning to new energy sources.

The LOI provides an outline of potential collaborations and initiatives in fields including the introduction of fuels and energy vectors with the ability to reduce CO₂ emissions from the thermal combustion engines of transport vehicles, the introduction of models for capturing, storing and using CO₂ generated through hydrogen production processes for use in transport vehicles, and the introduction of hydrogen distribution points for private road mobility.

The collaboration is also part of the H2iseO project implemented by FNM and Trenord, which aims to make Sebino and Valcamonica the first Italian Hydrogen Valley, as well as to evaluate and implement a series of both long- and short-term initiatives designed to help achieve the decarbonization targets for the transport sector as set out by the European strategy and the Italian National Integrated Energy and Climate Plan.