The Group has introduced sustainable organic raw materials into its production chain, using co-processing in its processing cycles. The Falconara M.ma and San Martino di Trecate sites are currently able to process approx. 20 kt/year and 55 kt/year of bio-derived charges as required by the European Renewable Energy Directive (EU) 2018/2001 (the “RED”). The biofuels produced, which are already mixed in the plants with conventional fossil originating products, meet the criteria of sustainability and reduction of greenhouse gas emissions set by European standards on the promotion of the use of energy from renewable sources.
The Group has already released advanced biofuels for consumption such as HVO (Hydrogenated Vegetable Oil) which is produced from 100% renewable raw materials.
These materials, if not used, have be adequately disposed of, so their use represents a contribution to the circular economy.
IP, primarily through CER Campana Energie Rinnovabili S.r.l. and Sòlergys, also works in the renewable energy sector, including wind and photovoltaic power.
The Group, through CER, operates a wind power generation plant located in Castelfranco in Miscano, in the province of Benevento. The park includes 50 wind turbines, each with a capacity of 600 kW, for a total installed capacity of 30 MW.
In addition, the Group is working at various levels on the development of industrial projects based on the production of hydrogen from water electrolysis powered by electricity from renewable sources.
Thanks also to the resources put inavailable from the PNRR, the Group has started work on the development of a Hydrogen Valley serving the Northwest of the country at the SARPOM Refinery in Trecate.
Finally, to give substance to the project for the development and innovation of the distribution network through the implementation of infrastructure that citizens will need in order to charge electric vehicles, IP launched the IPlanet project through an agreement with Macquarie, an investor and consultant that is a leader in the sectors of infrastructure and renewable energy, which envisages the creation of an equal joint venture for the electrification of 507 service areas on urban and extra-urban roads.