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Various SACE - 28 July 2023

SACE Group joins the EU Energy Platform for energy supply in Italy and Europe

The SACE Group has joined the EU Energy Platform, launched by the European Commission and managed by PRISMA, the leading IT company committed in securing Europe’s energy supply, for joint energy purchasing at European level through the AggregateEU mechanism.

In detail, as a response to the energy crisis and as part of the efforts to implement the REPowerEU plan for the diversification of energy supplies in Europe, the EU Energy Platform aims to facilitate joint gas tenders by matching European demand with international supply. AggregateEU is the mechanism provided by PRISMA and aimed to aggregate gas demand from companies established in the EU and match it with the most competitive supply offers in time for the next storage filling season.

The Platform was initiated in April 2022 following the mandate given by the European Council and It covers a range of actions regarding natural gas and LNG (and in the future hydrogen) to support the EU’s security of supply and access to affordable energy, demand aggregation, and efficient use of EU gas infrastructures.

Through the EU Energy Platform, the SACE Group will be able to provide its insurance and financial services to Italian companies in order to facilitate their gas supply and to support their business and energy transition within the Italian Green New Deal.

“Contributing to Italy's energy security and supporting Italian exports are two SACE’s crucial objectives in light of the current global context in which Italy and Europe are still potentially exposed to energy supply risks", said Michal Ron, Chief International Business Officer of SACE. “In this regard, the EU Energy Platform can be an important instrument to address these challenges by supporting Italian companies in energy supplying on the European market”.

The registration to the platform is free of charge and non-binding for all interested companies based in Italy or in another EU Member State.

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