Francesco Starace

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Person.png Francesco Starace  Rdf-entity.pngRdf-icon.png
(business executive)
Francesco Starace, 2014 (cropped).jpg
Born1955
NationalityItalian
Alma materPolytechnic University of Milan
Member ofClub of Rome
Interests • Agenda 2030
• Great Reset
Italian energy executive with heavy focus on phasing out coal plants, for Net Zero Carbon Cities.

Francesco Starace is an Italian business executive and the CEO and general manager of Enel Group,[1] where he has overseen the closure of coal and gas plants, to be replaced with wind and solar energy. He attended the 2022 Bilderberg meeting.

Life

In 1980 he graduated in Nuclear Engineering at the Polytechnic University of Milan.[2][3][4]

From 1981 to 1982 he worked as a safety analyst for the nuclear power plants of NIRA Ansaldo. Until 1987 he held a number of managerial positions in SAE SADELMI, a company owned by General Electric, both in Italy and abroad (the US, Saudi Arabia and Egypt).

In 1987 he relocated to ABB. In 1993 he was assigned to the role of Operations Manager for SOIMI, company part of the group ABB SAE SADELMI.[5]

Between 1997 and 1998 he was CEO of ABB Combustion Engineering Italy, and then of Alstom Power, where between 1998 and 2000 he was senior vice president of global sales and turnkey plants in the gas turbine division.

In 2000 he became head of Energy Management at Enel Produzione.[6] While working for the Italian electricity company, between 2002 and 2005, he held the post of head of the Business Power division.

In 2005 he was appointed director of the Italian Market Division of Enel, a division that focused on a free electricity and gas market for homes and private customers.[7]

In December 2008 he was appointed director of the Renewable Energy Division of Enel and CEO of Enel Green Power, the Group's newly formed company dedicated to developing and managing the production of energy from renewable sources in Italy and around the world. During the six years of the Starace management, Enel Green Power established itself as one of the leading global players in the renewable energy sector, with 29 billion kWh generated from 750 plants in 16 countries in Europe, North America and Latin America, and with a mix of well-calibrated green technologies.[8]

In 2014 he was appointed CEO and general manager of Enel.[9][10] His strategy puts the focus on the industrial side of the business and he has announced the company's plans for the conversion or closure of 23 thermal power (11 Gigawatt) plants of the Gruppo Italia (gas turbine, fuel oil, coal), and a partial replacement with wind and solar plants.[11][12][13]

In March 2015 he met with the Executive Director of Greenpeace International Kumi Naidoo and the president of Greenpeace Italy Andrea Purgatori to share Enel’s plans for the medium/long term.[14][15][16][17]

In May 2015, the Secretary-General of the United Nations Ban Ki-moon has appointed Francesco Starace Member of the United Nations Global Compact.[18][19][20][21]

He held this position for two terms (2015-2018 and 2018-2021): as established by the statute, this is the maximum number of consecutive terms that can be served.[22]

In 2017 he was appointed as new President of Eurelectric,[23] a role he kept till 2019.[24]

From September 2017 to December 2019, the European Commission made him a member of the “Multi-stakeholder Platform on the Implementation of the Sustainable Development Goals in the EU”.[25]

Since September 2019, following an invitation from the Rockefeller Foundation, Starace became a member of the Global Commission to End Energy Poverty.[26] In January 2020 he became Co-chair of the WEF “Net Zero Carbon Cities - Systemic Efficiency Initiative”.[27] In May 2020 Francesco Starace has been confirmed for a third term in office as CEO at Enel.[28][29] From June 2020 to December 2021 he was Member of the G20 Business Advisory Board for the Italian Presidency.[30]

In October 2020 he was appointed Chair of the Administrative Board of SEforALL, an international organization that works closely with the United Nations to accelerate and deliver at scale the solutions needed to achieve Sustainable Development Goal 7 (SDG7) by 2030.[31][32] From December 2020 to December 2021 he was Chair of the B20 ITALY 2021 - “Energy & Resource Efficiency Task Force”.[33] In January 2021 Francesco Starace was appointed co-chair of the European Clean Hydrogen Alliance’s roundtable on “Renewable and low-carbon hydrogen production”.[34]

He is a Member of the Climate and Environment Advisory Council of the European Investment Bank (EIB) Group,[35] as well as a Member of B20 Indonesia 2022 - Taskforce on “Energy, Sustainability and Climate”.[36] He is also Co-Chair of the Italy-Mexico Business Council.[37]


 

Events Participated in

EventStartEndLocation(s)Description
Bilderberg/20222 June 20225 June 2022US
Washington DC
Mandarin Oriental Hotel		The 68th Bilderberg Meeting, held in Washington DC, after an unprecedented two year hiatus during which a lot of the Bilderberg regulars were busy managing COVID-19
WEF/Annual Meeting/201620 January 201623 January 2016World Economic Forum
Switzerland		Attended by over 2500 people, both leaders and followers, who were explained how the Fourth Industrial Revolution would changed everything, including being a "revolution of values".
WEF/Annual Meeting/201717 January 201720 January 2017World Economic Forum
Switzerland		2950 known participants, including prominently Bill Gates. "Offers a platform for the most effective and engaged leaders to achieve common goals for greater societal leadership."
WEF/Annual Meeting/201922 January 201925 January 2019World Economic Forum
Switzerland		"The reality is that we are in a Cold War [against China] that threatens to turn into a hot one."
WEF/Annual Meeting/202021 January 202024 January 2020World Economic Forum
Switzerland		This mega-summit of the world's ruling class and their political and media appendages happens every year, but 2020 was special, as the continuous corporate media coverage of COVID-19 started more or less from one day to the next on 20/21 January 2020, coinciding with the start of the meeting.
WEF/Annual Meeting/202222 May 202226 May 2022World Economic Forum
Switzerland		1912 guests in Davos
WEF/Annual Meeting/202316 January 202320 January 2023World Economic Forum
Switzerland		The theme of the meeting was "Cooperation in a Fragmented World"
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References

  1. ↑ https://www.reuters.com/article/enel-results/update-2-enel-loses-appetite-for-further-acquisitions-in-brazil-idUSL5N1UR7KI
  2. ↑ http://www.ogj.com/articles/print/volume-94/issue-50/in-this-issue/general-interest/italian-igcc-project-sets-pace-for-new-refining-era.html
  3. ↑ http://www.ilsole24ore.com/art/notizie/2014-04-14/francesco-starace-ad-enel-173704.shtml
  4. ↑ http://www.enel.com/it-IT/governance/board/ceo/biography_starace.aspx
  5. ↑ http://www.ogj.com/articles/print/volume-94/issue-50/in-this-issue/general-interest/italian-igcc-project-sets-pace-for-new-refining-era.html
  6. ↑ https://web.archive.org/web/20141216183526/http://www.europaquotidiano.it/2014/04/14/chi-e-francesco-starace-nuovo-ad-di-enel/
  7. ↑ http://www.enel.com/it-IT/investors/press_releases/enel-al-via-la-nuova-organizzazione-nasce-la-divisione-internazionale/r/1447930/
  8. ↑ http://www.rinnovabili.it/energia/starace-il-mercato-globale-fara-volare-le-rinnovabili-777/
  9. ↑ https://www.enel.com/it-IT/investors/press_releases/enel-il-nuovo-consiglio-di-amministrazione-nomina-francesco-starace-amministratore-delegato-e-direttore-generale/r/1661940%7Ctitle= Enel: il nuovo consiglio di amministrazione nomina francesco starace amministratore delegato e direttore generale
  10. ↑ http://www.repubblica.it/economia/finanza/2014/04/14/news/83583927-83583927/
  11. ↑ http://espresso.repubblica.it/plus/articoli/2014/11/04/news/francesco-starace-ecco-come-cambiero-l-enel-1.186499
  12. ↑ http://www.qualenergia.it/articoli/20141016-enel-11-gw-di-termoelettrico-da-chiudere-e-sperimentazione-su-dispacciabilita-da-rinnovabili
  13. ↑ https://web.archive.org/web/20141216203421/http://it.reuters.com/article/itEuroRpt/idITL5N0SP52T20141030
  14. ↑ http://www.greenpeace.org/italy/it/ufficiostampa/comunicati/Incontro-vertici-di-Enel-e-Greenpeace/
  15. ↑ http://www.greenpeace.org/italy/it/News1/Kumi-Naidoo-incontra-Francesco-Starace-AD-di-Enel/%7Cwebsite=Greenpeace%7Ctitle=Kumi Naidoo incontra Francesco Starace, AD di Enel
  16. ↑ http://www.qualenergia.it/articoli/20150318-enel-e-greenpeace-approva-la-svolta-verde-di-starac
  17. ↑ http://www.ansa.it/sito/notizie/economia/2015/03/17/incontro-fra-vertici-enel-e-greenpeace_10bd6390-83d5-41bc-8c60-61113fb525df.html
  18. ↑ https://www.unglobalcompact.org/news/1831-05-07-2015
  19. ↑ http://www.corriere.it/notizie-ultima-ora/Economia/Enel-Starace-primo-Cda-Global-Compact-Onu/26-06-2015/1-A_018181691.shtml
  20. ↑ https://web.archive.org/web/20150924060637/http://www.onuitalia.com/2015/06/27/starace-enel-a-new-york-per-board-global-compact/
  21. ↑ https://web.archive.org/web/20150722034707/http://www.globalpress.eu/9/0/17783/ENEL--STARACE-PARTECIPA-AL-CONSIGLIO-DEL-GLOBAL-COMPACT-NAZIONI-UNITE.html
  22. ↑ https://www.globalcompactnetwork.org/en/news-and-events/news/1670-enel-ceo-francesco-starace-re-nominated-to-the-board-of-un-global-compact-for-a-second-term.html
  23. ↑ Enel’s CEO Francesco Starace New President of EURELECTRIC
  24. ↑ Vattenfall's Hall appointed Eurelectric president
  25. ↑ https://www.key4biz.it/ce-francesco-starace-enel-nominato-membro-dellhigh-level-multi-stakeholder-platform/209617/
  26. ↑ Lunch and Learn with Enel's CEO Francesco Starace
  27. ↑ https://www.ruetir.com/2021/01/13/enel-net-zero-carbon-cities-an-integrated-approach-report-published/
  28. ↑ Enel: nominato il cda, Crisostomo presidente e Starace resta ad
  29. ↑ Enel nominato CdA: Crisostomo nuovo presidente, Starace confermato AD | Teleborsa.it
  30. ↑ https://www.g20.org/docs/20201221-ambrosetti-G20-ENG.pdf
  31. ↑ https://finanza.repubblica.it/News/2020/10/05/enel_starace_nominato_nuovo_presidente_di_seforall-115
  32. ↑ https://energiaoltre.it/francesco-starace-nominato-presidente-di-seforall/
  33. ↑ https://www.ilsole24ore.com/art/il-b20-campo-il-rilancio-crescita-ADargdEB
  34. ↑ https://ec.europa.eu/growth/industry/policy/european-clean-hydrogen-alliance/roundtables_en
  35. ↑ https://www.eib.org/en/press/all/2021-294-eib-group-creates-climate-and-environment-advisory-council
  36. ↑ https://www.thejakartapost.com/front-row/2022/01/28/b20-indonesia-summit-inception-meeting-highlights-global-public-private-partnerships.html
  37. ↑ https://st.ilsole24ore.com/art/commenti-e-idee/2015-06-13/la-forza-dell-industria-messicana-usiamo-meccanica-italiana-081431.shtml?uuid=ACuAfB
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