Blog
COP29 and Freeman's lesson: Companies should take the lead
13 November 2024
According to the 2024 Emission Gap Report published by the United Nations on October 24th, annual greenhouse gas emissions are not decreasing but are actually increasing. What's more, the governments of major fossil fuel-producing nations are planning to produce more than double the amount of fuels by 2030 than what is compatible with the 1.5°C limit for global warming. Magaldi Group addresses these challenges with its innovative solutions to decarbonize industries.
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Blog
The key role of heat to decarbonize the industrial system
22 December 2021
Green Heat Storage is one of the key to fight climate change. Industrial heat constitutes for most of the industrial energy request and most of direct industrial CO2 emitted every year. One of the latest analyses on the subject goes back to the International Energy Agency's (IEA) World Energy Outlook 2017, which points out that industrial heat accounts for two-thirds of industrial energy demand and almost one-fifth of global energy consumption. And that as industrial heat demand continues to grow, so does its share of CO2 emissions, accounting for a quarter of global emissions by 2040.
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Franco Donatini: Green Heat is crucial to combat climate change
02 December 2021
“Thermal uses consume about two - thirds of primary energy sources at a global level and in Italy what aggravates the situation is the fact that renewable sources contribute only 20% in this sector”. Franco Donatini, Professor at the University of Pisa, points out the data of the International Energy Agency (IEA), to highlight how focusing on Green Heat is essential to combat climate change. In this framework, Thermal Energy Storage systems have a key function in increasing the share of Green Heat in industrial heat production.
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Masi: MGTES in the Middle East could become the "standard for thermal storage"
04 October 2021
In this long interview, the General Manager of Magaldi Green Energy Middle East, Massimiliano Masi, explains the reasons why the company is more and more oriented to internationalization and looks with particular interest to this vast area: "we believe that thermal energy storage can develop and become an integral part of major renewables projects in the Middle East, at the moment it is at an advanced prototype stage". In this context - continues Masi - "we at Magaldi would be very happy to give our technological and innovation contribution to the GDP of these countries".
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Letizia Magaldi: new paradigms are necessary. Our know- how at the service of nature
03 October 2021
“It is necessary to create technological processes that respect nature’s ecosystems and integrate its cycles”. In this interview Letizia Magaldi, Executive Vice-President Corporate Development & Global Marketing of Magaldi Green Energy, explains the ESG philosophy of the Company: "Our scientific efforts and technologies must aim to replicate the intelligence of the environment and integrate with it". Letizia Magaldi then focuses on the theme of equal opportunities, a central theme when it comes to sustainability and progress: “A diversity of gender, but also of cultures, provides a broader vision of strategic development and a greater understanding of social and market needs".
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