Ferrari takes another important step forward on its carbon neutrality process for 2030 by shutting down the gas-fired trigeneration plant on the company’s Maranello factory three months earlier than programmed. This shutdown is a programmed action the company had planned to carry out in the course of the year and thus marks a new step towards decarbonization for Ferrari. This aggressive move further reduces the amount of CO₂ emissions along with the consumption of methane gas and puts the company at an even closer step to its environment-friendly goal.
Initiating Early Shutdown and Cuts in Emissions
The trigeneration plant that had been operating since 2009 was therefore an integral part of Ferrari’s energy strategy and putting out electricity, heating, and cooling in support of the Maranello facility. However, in its relentless pursuit of renewable energy sources to supplement its portfolio, Ferrari decided to close this one down as early as the 30th of September, thus marking a significant turning point for the company on its path towards reduced carbon footprint.
The company aims to achieve this by reducing Scope 1 and 2 CO₂ emissions by 60% yearly. The firm has so far achieved this by ceasing electricity generation through gas, as well as shifting towards cleaner energy options. Ferrari Chief Executive Officer Benedetto Vigna described it as “a historic date on Ferrari’s journey towards carbon neutrality by 2030,” while pointing out that the company is focusing increasingly on sustainability and responsibility towards the environment.
Methane Gas Consumption Reduced
Besides reducing the consumption of CO2, closure of the trigeneration plant will also mean that 70% less methane gas is consumed at Maranello. Methane is one of the potent greenhouse gases Ferrari has been consuming as part of its daily production chain. Ferrari will thereby considerably reduce dependence on methane, actively contributing to the response against global climate change and lowering the environmental impact of its operations. This conforms to the company’s larger vision: achieving full carbon neutrality by 2030 and aligning sustainability at the core of Ferrari’s business model.
Doubling Solar Capacity Boosts Renewable Energy Supply
In line with Ferrari’s transition towards non-fossil fuel energy sources, the company agreed to double its solar power capacity by 2030. The photovoltaic systems of Ferrari currently give the company 5 MWp of renewable energy, making up about 40 percent of the Maranello plant’s energy requirements, in addition to other renewable energy served through Power Purchase Agreements or PPAs. This makes Ferrari ensure it has enough clean energy by the expansion of solar capacity up to 10 MWp in the coming years, reduced from external power sources and more reliance on them.
This infrastructure development of solar power falls under Ferrari’s wide-ranging use of renewable sources in its productions. This is a significant step towards a long-term strategy to maintain sustainable, non-environmental damaging operations and serve clean energy in the creation of the iconic vehicles defining the brand.
Technological Advancements Supporting It
As part of this closure, Ferrari has upgraded its electrical infrastructure with an altogether renovation of its electrical substation and three new 40 MVA transformers to support the integration of increased renewable capacity. All these infrastructural upgrade measures are to ensure stability in supplying energy as Ferrari resorts from gas-based energy production to renewables.
This will no longer employ gas for the generation of electricity at this plant, but electricity from renewable sources, “Vigna explained as he emphasized Ferrari’s strategic shift towards cleaner energy. These technological advancements are, as one can see, not only supporting the sustainability efforts of Ferrari that have been undertaken so far but also paving the way for further improvements in energy efficiency in the future.
Improving Energy Efficiency and Ongoing Efforts
The decarbonization efforts of Ferrari go further than just shutting down the trigeneration plant. In 2023, the company reduced its overall energy consumption by 4% – from 1,580 TJ of 2022 to 1,520 TJ – as part of its wider commitment to efficiency, driven by continuous advances in both technology and manufacturing processes. This is how Ferrari’s efforts in this direction attracted the attention of Italy’s Gestore Servizi Energetici (GSE), who issued white certificates to the company for the energy saved at the Maranello site.
Besides this, Ferrari is investing in the cutting-edge technology of the fuel cell plant that will be contributing even more to the carbon neutrality goals that Ferrari looks to achieve. It also encourages energy-efficient buildings, of which the role in the reduction of energy demand is highly important.
Carbon Neutrality by the year 2030
Another landmark in the pursuit of carbon neutrality is the closing down of its trigeneration plant coupled with doubling the capacity of solar power. It has clearly made a commitment to reducing CO2 emissions, cutting methane gas intake, and increasing the share of renewable energy sources. This, therefore, remains a powerful model for sustainability in the automotive industry.
The company’s decarbonization strategy, which revolves around technological upgrade, switching to renewable energy, and effectiveness of energy use, indicates a commitment from the company to having operations in sustainable manners and proper ecological stewardship. At the same time, Ferrari is plunging boldly on its way toward 2030, with its pursuit towards carbon neutrality that it would be alone in having the most extreme endeavors toward innovation to bring about a cleaner future.