“The Draghi Report identified, among the various causes of Europe’s competitiveness crisis, the technological gap and the excessive regulation and fragmentation across EU member states. However, the primary challenge was—and remains—dependence on external energy sources. For manufacturing companies, production costs are directly linked to energy procurement costs. From an energy sovereignty perspective, electrification is the key solution to reconcile competitiveness with decarbonization, and industrial policy with the energy transition.”

These were the remarks of Thomas Panozzo, Country Managing Director of VINCI Energies in Italy, speaking on Non solo Soldi, a program produced by Urania News.

Panozzo went on to say that “the VINCI Energies Group is a key player in both the energy transition and digital transformation,” and highlighted how even large-scale energy-intensive infrastructures, such as data centers, “when properly designed and powered by renewable energy sources, are not enemies of the environment. Technological progress and environmental sustainability are not at odds with one another; they can coexist and generate benefits for all.”

Panozzo concluded: “Our clients are increasingly asking us to support them on issues related to data sovereignty and security in the broadest sense—an area that much of Italy’s industrial sector still tends to underestimate, but which is particularly relevant today given the instability of global geopolitical dynamics. We therefore accompany companies on a gradual, yet in my view inevitable, journey of energy and digital transition.”

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