• CERAWeek
  • March 18 - 22, 2024

Giuseppe Ricci


Chief Operating Officer Energy Evolution

63 years old, university degree in chemical engineering at Politecnico Turin, Italy. He has worked for Eni since December 1985, mainly in the oil downstream business and for many years in different and complex refineries. After 10 years in Eni Sannazzaro refinery in technology and planning department, he moved for 5 years to Milazzo refinery S.p.A. (Sicily), a JV between eni and Kuwait Petroleum, as planning and investment manager. In 2004 he moved to Gela refinery (RAGE) S.p.A. (Sicily) as refinery manager and from April 2006 as CEO. In April 2008 he went back to Eni Refinery & Marketing headquarters in Rome as Operation coordinator for Eni refineries and logistic network (depots and pipelines) in Italy and abroad. In 2010 he became Director of Industrial and Logistic for Eni Refining & Marketing. In September 2012 he moved to eni corporate as Health, Safety, Environment and Quality Executive Vice President.In September 2016 he moved back in Eni Refining & Marketing as Chief Officer, in July 2020 Director Green/Traditional Refining and Marketing and in December 2020 Chief Operating Officer Energy Evolution.In July 2017 he became Chairman of Confindustria Energia and in November 2018 President of AIDIC (Associazione Italiana di ingegneria Chimici).To date he is Chief Operating Office Energy Evolution.

Sessions With Giuseppe Ricci

Monday, 6 March

  • 03:55pm - 04:35pm (CST) / 06/mar/2023 09:55 pm - 06/mar/2023 10:35 pm

    Decarbonizing Solutions for Hard to Abate Industries

    Transportation & Mobility/Electrification (EVs/built environment)
    The so called “hard-to-abate” industries including heavy-duty transport, steel, cement, fertilizers and petrochemicals account for over 20% of the world’s greenhouse gas emissions. These industries use coal and natural gas as well as heat as part of their production process. While technology pathways are still emerging, hydrogen and CCS are considered key technologies to reduce emissions in these sectors. Another option is to convert captured carbon into a spectrum of useful products. An underlying challenge is the additional costs incurred to make these products “green” and the lack of markets and customers willing to pay a “green premium.” The panelists in this conversation will explore the following questions: Tell us about a major innovation led by your company to decarbonize these sectors? While there is a lot of enthusiasm for hydrogen as a potential solution, what is the business case for hydrogen today and what is the path to commerciality without subsidies? How can industry promote circularity of materials, extend product lifetimes, substitution and efficiency? Are customers willing to pay a “green premium”; e.g., for “green steel or “low-emission concrete”? Will policies such as “Carbon Border Adjustment Mechanism” help or hinder decarbonization of these sectors? What government policies are needed to achieve industrial decarbonization?