Ferrari switches its plant from gas to solar energy ahead of schedule

Ferrari switches its plant from gas to solar energy ahead of schedule shutterstock

Anna Velyka

The manufacturer has set itself the goal of achieving carbon neutrality by 2030 and is systematically moving towards it

Italian company Ferrari is accelerating its transition to renewable energy by closing a three-generation gas-fired power plant at its Maranello plant three months ahead of schedule.

This is reported by ESG News.

Deactivation of the three-generator, which has been operating on gas fuel since 2009, will allow Ferrari to reduce CO₂ emissions in Scope 1 and 2 by 60%. In addition, methane consumption will be reduced by 70%, which will significantly reduce the plant's carbon footprint.

In order to ensure an uninterrupted supply of electricity for production, the company will double the capacity of its photovoltaic systems from the current 5 MW to 10 MW by 2030. This expansion will increase the share of self-generated renewable energy at the Maranello plant. Renewable energy sources (RES) currently cover 40% of the plant's energy needs, together with renewable energy purchase agreements (PPAs).

Ferrari has already modernized its electrical infrastructure, in particular, carried out a complete reconstruction of the electrical substation and installed three new transformers with a capacity of 40 MVA.

These improvements contribute to the integration of the growing number of RES and ensure a stable energy supply.

"This means that we will no longer use gas to generate electricity at this plant, but will use electricity from renewable sources," said Benedetto Vigna, CEO of Ferrari.

In 2023, the manufacturer reduced total energy consumption by 4% compared to 2022 – from 1,580 to 1,520 TJ. Ferrari's comprehensive approach includes not only the use of RES, but also the construction of a fuel cell production plant and the construction of energy-efficient buildings.

Earlier, EcoPolitic wrote about the fact that Uber called The EU will ban ICE cars for corporate fleets by 2030. We also reported that car manufacturers postpone full transition to electric cars.

Related
Record-breaking heat in Europe has sent energy prices below zero
Record-breaking heat in Europe has sent energy prices below zero

At the same time, experts are concerned about potential future disruptions at hydroelectric and nuclear power plants

The 2050 roadmap for phasing out fossil fuels: what needs to be done and how much it will cost
The 2050 roadmap for phasing out fossil fuels: what needs to be done and how much it will cost

Despite significant progress in expanding renewable energy capacity, the world remains far from achieving its climate goals

Germany risks failing to meet its 2040 climate targets
Germany risks failing to meet its 2040 climate targets

It is estimated that average emissions will exceed their total annual emissions cap by approximately 60–100 million metric tons of CO₂ equivalent by 2030

Europe is reducing its emissions at the expense of Asian countries – Visual Capitalist 
Europe is reducing its emissions at the expense of Asian countries – Visual Capitalist 

China remains the undisputed leader in terms of the actual volume of pollution it produces