Enel Green Power and FNM sign agreement for hydrogen mobility development

Published on Wednesday, 3 February 2021

“Thanks to this memorandum of understanding, the Enel Group's commitment to promote the development of green hydrogen is directed at the non-electrified rail transport sector for the first time. We are constantly seeking to build partnerships to identify the best applications for green hydrogen and thereby contribute to the decarbonization process of our economies. ”

– Salvatore Bernabei, CEO of Enel Green Power

“One of the most significant features of the guidelines of our new Strategic Plan is mobility with zero environmental impact. The initiative for the creation of Italy's first Hydrogen Valley looks to the future and is part of a wider plan that aims to create mobility services developed according to environmental, economic and social sustainability criteria. In the H2IseO project, we also plan to extend the hydrogen solution to road transport by 2025, starting from the approximately 40 vehicles managed in Valle Camonica by FNMAutoservizi (a 100% FNM company). Sebino and Valle Camonica have the right conditions for the use of hydrogen, with the involvement of the whole territory, in a supply chain and circular economy logic. The strong component of innovation that characterizes the H2IseO project, the first example of total decarbonization of local public transport, makes it a candidate to become a model to be replicated in other areas of the country.”

– Chairman of FNM, Andrea Gibelli

In the context of the energy transition, hydrogen can make a valuable contribution to the decarbonization of energy-intensive industries such as the chemicals, aviation, maritime and non-electrified rail transport sectors, provided it is produced in a sustainable way. Enel Green Power is committed to the implementation and development of projects for the production and use of "green" or "renewable" hydrogen, produced via electrolysis of water powered exclusively by renewable electricity. The Group has therefore begun to look at new business models that include the offer of green hydrogen for the decarbonization of industrial sectors, with partnerships and projects already under development in Chile, the United States and Italy.

Enel Green Power, within the Enel Group, is dedicated to the development and operation of renewables across the world, with a presence in Europe, the Americas, Asia, Africa and Oceania. Enel Green Power is a global leader in the green energy sector with a total capacity of around 49 GW across a generation mix that includes wind, solar, geothermal and hydropower, and is at the forefront of integrating innovative technologies into renewable power plants.

FNM is the main integrated group in transport and mobility in Lombardy. It represents the most important Italian non-state investor in the sector. FNM S.p.A. is a joint stock company listed on the stock exchange since 1926. The majority shareholder is the Lombardy Region, which holds 57.57% of the share package. FNM S.p.A. performs strategic and operational management and coordination functions for subsidiaries. It operates in the field of local public transport by rail through FERROVIENORD (100% controlled), NORD_ING (100%) and Trenord (50%); in public road transport through FNM Autoservizi (100%), Omnibus Partecipazioni (50%), ATV (50%), La Linea (51%) and Busforfun (24.7%); in rail freight transport with DB Cargo Italia (40%), Malpensa Intermodale (100%) and Malpensa Distripark (100%); in sustainable mobility with E-Vai electric car sharing (100%); in ICT with NordCom (58%); in the energy sector with Nord Energia (60%); in the digital payments sector with FNMPay (100%).



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