Eni joins Ocean Energy Europe

Source: press release, 3 November 2020

The Inertial Sea Wave Energy Converter – ISWEC
The Inertial Sea Wave Energy Converter – ISWEC (photo: Wave for Energy)

Eni has joined, as lead partner, Ocean Energy Europe (OEE) and the Board of Directors of the organisation, the largest European network for the development of ocean energies. In this position, the company will collaborate to chart the strategic course of OEE, for the promotion of a policy framework in support of R&D, with the aim of commercialising marine technological solutions. OEE brings together a network of leading utilities, manufacturers and research institutes.

By joining the OEE, Eni further reinforces its commitment to the development of renewable marine energies and widens its network of synergies that includes the scientific collaboration with the Politecnico di Torino and the spin-off Wave for Energy S.r.l, as well as the partnership for the joint development of power plants for wave power on an industrial scale with CDP, Fincantieri and Terna.

For Eni, joining OEE is in line with the transformation path traced by the company, that in the last 6 years has adopted a new business model and a new mission inspired by the UN Sustainable Development Goals (SDGs). Moreover, Eni has launched a long-term strategy with the aim of becoming leader in the supply of decarbonised products by 2050, with radical emission cuts. Eni’s commitment to the development of key technologies for the process of decarbonisation is pivotal for its evolution.

At Eni, technical innovation is one of the pillars that support an organic growth, solid and sustainable at the same time, able to address global challenges and pioneer new frontiers in the energy world, while making emerging technologies with zero emissions widely accessible.

Thanks to strategic collaborations, Eni is able to identify innovative and effective solutions while, at the same time, enhancing the industrial development of scientific research and building the kind of expertise that adds value sustainably and responsibly.