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Oil dominance will last long: Nomisma Energia president

'Despite efforts for energy transition'

Redazione Ansa

(ANSA) - BELGRADE, OCT 18 - Despite the energy transition's efforts, "oil dominance is destined to last a long time," said Davide Tabarelli, founder and president of Nomisma energia.
    Tabarelli addressed a series of meetings commemorating the Tal group's 60th anniversary. Tal manages the Transalpine Pipeline (753 km), which supplies oil to Austria (90%), Germany (100%), and the Czech Republic (50%).
    For Tabarelli, there are many announcements about initiatives for the energy transition but "demand for oil will remain high for a long time," partly because many initiatives are "hindered by oil companies." However, there are many positive examples such as the transformation of refineries into "biorefineries, done by Eni in Marghera and Gela, and soon in Livorno." However, if the "system of 'pipes' in Italy is among the best in the world" considering also the energy infrastructure that travels from 'Africa to Italy, one commitment to maintain is to "try to make hydrogen." These, biofuels, electrification (but "we have to make electricity to electrify"), are viable alternatives that need to be developed. Keeping well in mind that "oil has an energy density that no other product has and is easily transportable," and this is a dominant factor. "The amount of energy that is in a liter of gasoline is 12 kilowatt hours," reported Tabarelli, who also pointed to the nuclear option against which there is widespread distrust. However, "You don't want nuclear power? Then keep your cell phone on only during the day and when it's sunny," Tabarelli cautioned referring to the limits of solar power.
    During the meeting an environmentalist protested by displaying a banner and was immediately removed. "Young people," Tabarelli commented, "feel this tension strongly but the transition, precisely, is not easy.
    He was echoed by Sole 24 Ore journalist Sissi Bellomo: "Electric vehicles will save us 12 million barrels of oil a day by 2035," but "plastics will still be widespread." (ANSA).
   

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