CEO of world's biggest utility says the future is in green energy

Enel's new CEO, Francesco Starace, is taking the Italian firm in a new direction, investing in solar and wind to become the first ‘truly green energy giant’.

Starace told the Guardian in an interview that the tide is flowing in only one direction for utilities – towards low-carbon energy – thanks to fast-dropping renewable energy costs, smarter and more-efficient grids and increasing government action on climate change.

Enel, the biggest utility in the world by customer numbers, has pledged never to build another coal plant and to be carbon neutral by 2050.

The Guardian

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