• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Italy aims for energy bridge role between Europe and Africa

Simon Osuji by Simon Osuji
January 29, 2024
in Energy
0
Italy aims for energy bridge role between Europe and Africa
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


Italy has set out a new plan to boost European ties with Africa. Energy will play a particular role in its plans.

PM Meloni during the Italy-Africa summit © Supplied by Italian presidency
Picture shows; Prime Minister Giorgia Meloni. Rome. Supplied by Italian premier Date; 29/01/2024

Italian President Giorgia Meloni said there were five priorities: education and training; health; agriculture; water and energy. On the energy front, the talk was primarily of clean energy.

According to a document setting out the five pillars of the “Mattei plan”, the project would make Italy an energy hub. It would become a “real bridge between Europe and Africa”.

There was talk of boosting renewable energy generation, with similar support for transmission and distribution.

“The plan also provides for the on-site development of technologies applied to energy also through the institution of innovation centres, where Italian companies will be able to select local start-ups and thus support employment”.

Minister of the Environment and Energy Security Gilberto Pichetto said discussions in the Senate today had focused on a bridge, between Italy and Africa. Italy, he said, would invest in strengthening “Africa’s energy potential”, with new interconnections across the Mediterranean Sea.

Meloni gave as an example a plan for Morocco. Italy plans to support a centre of excellence to train people on renewable energy.

“Italy has all it takes to become the natural energy supply hub for the whole of Europe,” said Meloni. “It is a goal that we can achieve if we use energy as the key to development for everyone. “

Italian investment would aim to bolster African energy production to meet domestic needs and export the surplus to Europe. Such a move, she said, would meet two needs. Africa needs to develop domestically and generate wealth, while Europe needs “to secure new energy supply routes”.

Project focus

The president singled out two projects in particular as delivering African power to European demand. She pointed to the the 600 MW ELMED HVDC submarine cable, which will run from Tunisia to Sicily.

The second was the proposed H2 Southern Corridor, which would carry hydrogen from North Africa into Europe, via Italy.

“As you can see, I wanted to talk about concrete projects and initiatives, capable of generating a significant and immediate impact in the countries in which they will be implemented” and with scope for expansion, she said.

Corrierre della Sera reported that Italy would provide 5.5 billion euros, through financing and guarantees for the Mattei plan.

Linked to Meloni’s aspirations are hopes around tackling illegal immigration from North Africa. Creating jobs in Africa would give people the “right not to be forced to emigrate, and thus not have to cut off one’s roots, in search of a better life that is increasingly difficult to achieve in Europe”, she said.

Recommended for you

The Golar Tundra, a vessel used as a floating LNG import terminal, moored in the port of Piombino, Italy, in 2023. Photographer: Alessia Pierdomenico/Bloomberg

Gas-addicted Europe trades one energy risk for another



Source link

Related posts

Sonangol seeks $4.8 billion China loan for Lobito refinery

Sonangol seeks $4.8 billion China loan for Lobito refinery

February 26, 2026
Eterna Plc Launches Self-Service Fuel Stations in Partnership with Fuelmetrics Limited

Eterna Plc Launches Self-Service Fuel Stations in Partnership with Fuelmetrics Limited

February 26, 2026
Previous Post

The 5 Best States for an Affordable, Leisure-Filled Retirement

Next Post

State of Art Facilities: JKIA to Open Ultra-Modern Lounge

Next Post
State of Art Facilities: JKIA to Open Ultra-Modern Lounge

State of Art Facilities: JKIA to Open Ultra-Modern Lounge

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Sonangol to Lead Decarbonized Oil & Gas (O&G) Development, Says Angolan National Oil Company (NOC) Head

Sonangol to Lead Decarbonized Oil & Gas (O&G) Development, Says Angolan National Oil Company (NOC) Head

1 year ago
6 Tested Safety Apps for Personal Protection (2024)

6 Tested Safety Apps for Personal Protection (2024)

1 year ago
GB Energy’s first move leads wind industry questioning strategy

GB Energy’s first move leads wind industry questioning strategy

2 years ago
Redditors Are Mounting a Resistance Against ICE

Redditors Are Mounting a Resistance Against ICE

1 month ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • Mahama attends Liberia’s 178th independence anniversary

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.