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CHANGEOVER
The role of LNG in leading
the way towards a successful
energy transition
For the first time in the Stefano Cao, Chief Executive Officer the most ambitious initiative globally, but
history of the World Saipem S.p.A. others surely will follow. In such a scena-
rio, the energy industry, more than others,
Economic Forum Global limate change awareness is facing unprecedented pressure to prove
its business model capable of leading the
Risks Perception Survey, is re-shaping social beha- way toward a successful energy transition
viors and industry busi- in line with Paris Agreement. This is hap-
this year’s top five global ness models by applying pening within a challenging scenario whe-
pressure at different levels. re protracted weakness and volatility in
risks in terms of likelihood COn the financial level, for commodity prices have taken their toll on
example, institutions are on the edge of oil and gas companies. Driving the energy
of occurrence are all a fundamental reallocation of capital sin- transition in this context therefore requires
ce climate risk is perceived as investment flexibility and new approaches.
environmental risk. On the political level, environmen-
tal awareness is rising in the priorities of The energy transition can be best defined
institutional agendas. In this context, the as a gradual shift from a system mostly
European Green New Deal appears to be based on fossil resources to a more su-
16 Impiantistica Italiana - Marzo-Aprile 2020
