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Just E-volution 2030: New Research on Energy Transition in Europe

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“Decarbonisation represents a great opportunity to modernise the European economy, revitalise the industrial sector and ensure sustainable and lasting growth. With an increasingly renewable generation base, the gradual penetration of electricity in the energy system will enable us to decarbonise the historically most polluting sectors of the economy, while also creating value in new ways, offering new services to consumers, who are increasingly key players in the electricity system. It is therefore essential that the benefits of the energy transition be shared, coupling it with broad measures addressing climatic, energy, environmental, industrial and social aspects.”

– Francesco Starace, Enel CEO and Chairman of Enel Foundation

“If there is a project capable of developing a positive vision for the future of the European Union, it is undoubtedly the energy transition. The message delivered by European citizens is loud and clear: they are asking for concrete action to combat climate change and they want Europe to lead the way. The quantitative assessment of the socio-economic impacts that derive from the energy transition is a necessary condition for the definition of policy-makers’ agendas with the aim to guarantee a transition that is not ‘just a transition’ but a ‘just transition for all’. For this reason, The European House - Ambrosetti has designed a new, one-of-a-kind econometric model to measure the socio-economic impacts of the energy transition. This model uniquely combines a ‘macro’ approach with a ‘micro’ one, starting from the analysis of 3,745 products and technologies that characterise European industrial production and estimating the effects through 2030 of the energy transition on industrial production and employment in the European Union, with a particular focus on Italy, Spain and Romania.”

– Valerio De Molli, Managing Partner & CEO of The European House – Ambrosetti.