We continue to invest in scientific and technological research for increasingly low-carbon energy.
by Eni Staff
25 JUNE 2021
3 min read
A key factor in the company’s organic growth
Producing energy with the lowest carbon footprint is the challenge that every energy company is facing today. To meet this challenge, we have chosen to invest in scientific and technological research.
Continuous innovation is the basis of the company’s organic growth, allowing know-how to be consolidated and enriched, thus contributing to development of internal skills and technological evolution.
Three technology platforms
Our research projects follow three main strategic directions, defined as technology platforms:
Operational Excellence: to research innovative technologies for asset development, increasing energy efficiency, ensuring the highest level of safety and minimum environmental impact, while reducing the capex, opex and time to market of our operations.
Carbon Neutrality: to reduce, capture, transform or store CO₂, promoting natural gas as an energy source in the transition to a low-carbon energy mix, integrating it with renewable energies and developing innovative energy technologies.
Circular economy: to reduce the use of raw materials, including through recycling and transforming waste into value-added products, with a view to sustainable development based on the principles of the circular economy.
From initial idea to final technology
Our research harnesses the power and breadth of our consolidated knowledge to transform invention into innovation.
157 mln euro
expenditure R&D, 74 mln in decarbonization (2020)
74 mln euro
R&D investments in decarbonization in 2020
Proprietary assets and in-house expertise
In the R&D area, skills and experience from across Eni come together, there are currently more than 50 pilot plants working on R&D, and ongoing collaborations in the field with over 70 universities and research centres. For 2020, the financial commitment of Eni in scientific research and technological development amounted to €157 million of which approximately €74 million was spent on investments for decarbonization path and circular economy. This investment refers to the issues of energy transition, bio-refinement, green chemistry, production from renewable sources, reduction of emissions and energy efficiency. Again in 2020, the estimated tangible value generated was €951 million.
The aim of research and development activities is to leverage the expertise of all areas of the company, in a cross-cutting and synergistic way, to draw even more value from the skills of our people and projecting them towards the challenges of the energy transition.
The focus here is not only on technologies, but also on their implementation: Eni is committed to speeding up technological “time-to-market” by developing the pilot, pre-commercial demonstration and first industrial application phases in parallel.
Strategic partnerships and Open Innovation
In addition to using the proprietary assets and skills of our people, we collaborate with leading national and international universities and research institutions, such as CNR, ENEA and MIT, with whom we have been working since 2008 on issues such as renewables, environmental protection, energy transition and asset integrity.
To multiply access to high-impact emerging technologies, Eni adopts an Open Innovation approach through Eni Next and OGCI-Climate Investments. These partnerships will enable us to continue developing the network with universities, research centres, start-ups, hi-tech companies and bodies that are preparing for a low-carbon energy future.
At the same time, we are continuing to invest in the development and implementation of cutting-edge technologies, with a focus on decarbonization, circular economy and renewable energy.
Our network of partnerships
The main ongoing partnerships with universities and research organisations, in Italy and worldwide.
We are an energy company. We concretely support a just energy transition, with the objective of preserving our planet and promoting an efficient and sustainable access to energy for all. Our work is based on passion and innovation, on our unique strengths and skills, on the equal dignity of each person, recognizing diversity as a key value for human development, on the responsibility, integrity and transparency of our actions. We believe in the value of long term partnerships with the countries and communities where we operate, bringing long-lasting prosperity for all. Find out more
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