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Snam launches industry-specific market test for H2 demand

Snam, in cooperation with Confindustria, is officially launching a market test on H2 demand in Italy and, in partnership with Eni, a collection of non-binding expressions of interest for the transport and storage of CO2 within the framework of the carbon capture and storage (CCS) project recently announced in Ravenna. These initiatives are part of Snam's broader activities to support Italy's energy transition. The cooperation with Confindustria will help identify and explore two strategic markets associated with manufacturing and energy-intensive sectors, to achieve Italian and European decarbonization goals. The information gathered will be shared with relevant institutions involved in defining the regulatory framework and will serve as a key-reference for planning the development of H2 and CCS sectors in Italy.

"In the current energy scenario, security and energy transition are two sides of the same coin. Snam, besides ensuring continuous energy supplies, is committed to developing an infrastructure system ensuring the transportation of decarbonized molecules in Italy and Europe," said Piero Ercoli, Executive Director of Decarbonization at Snam. "With the launch of the dedicated H2 market test and the collection of expressions of interest for the Ravenna CCS project, we aim to confirm Snam's key-role in facilitating the achievement of Italy's decarbonization goals, taking into account the characteristics of its industrial fabric."

"The extraordinary events that have unfolded in recent years have forcefully highlighted the issues of strategic independence and national and European energy security, making it essential to adopt new solutions capable of reconciling environmental sustainability objectives with those of industrial policy and socio-economic stability," said Raffaele Langella, Director General of Confindustria. "The response to these needs for our country also involves building an energy mix based on the complementarity of various technological solutions, including renewable H2 and CCS. We are confident that this initiative will facilitate the path of energy transition by leveraging investments in research, simultaneously achieving three different objectives: decarbonization, competitiveness, and supply chain security."