Long-term Climate Strategy and Financial Performance

Clean electrification is now clearly emerging as the enel solution to tackle three challenges... Total energy Affordability > -20% spending Security by 2030 vs 2020 EU fossil fuels -30% import by 2030 vs 2020 EU GHG -55% emissions Sustainability -55% > by 2030 vs 1990 Achievable if 2030 EU targets are met: Clean electrification to create affordable, secure, sustainable energy systems RES penetration of 70% and electrified consumption of 35% Source: EU Commissions (Fit for 55, RePowerEU), IEA WEO 2021, IEA WEO 2022, Net Zero report, internal elaborations

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