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• Scheduled for tomorrow, Tuesday 27th February, at Rimini´s Palacongressi Conference Centre
• Organised by Italian Exhibition Group in collaboration with Elemens.

Rimini, 26th February 2024 . More than 180 companies, professionals and associations will be meeting in Rimini to speed up Power Purchase Agreements. The occasion is KEY CHOICE - Unlock the future of PPAs, the B2B event of KEY - The Energy Transition Expo, organised by IEG (Italian Exhibition Group) in cooperation with Elemens, which is set to become a reference point on the topic of new PPAs in Italy.

KEY CHOICE - Unlock the future of PPAs is scheduled for tomorrow, Tuesday 27th February, at Rimini´s Palacongressi Conference Centre from 10 am to 6 pm, on the eve of KEY - The Energy Transition Expo, which will, instead, take place from Wednesday 28th February to Friday 1st March at the exhibition centre

In the current scenario, in which the energy crisis has brought to light all the fragilities of the system, PPAs are proving to be a decisive tool to secure part of the supply.
In 2023 alone, around half of Italy´s more than 2 GW of photovoltaic and wind power capacity was contracted under the almost 50 PPAs signed since 2019, and projects, mainly photovoltaic, for more than 13 GW have recently been authorised. The regions with the highest number of contracts signed are Lazio and Sicily and the first long-term contract signed in Italy by Google regards a 47 MW wind farm on the island.
Furthermore, Pexapark´s European PPA Market Outlook 2024 predicts a growth of the sector in Europe of at least another 23% this year for more than 20 GW of contracted power.

´In the current energy context, with the need on the part of consumers and energy-intensive companies in particular to secure part of the supply by increasing the predictability of the cost, PPAs are a tool destined to become increasingly widespread,´ said Alessandra Astolfi, Global Exhibition Director of Italian Exhibition Group´s Green&Technology division. ´That´s why, with the valuable support of Elemens, we have created KEY CHOICE - Unlock the future of PPAs, a B2B event created with the aim of favouring the growth trend of PPAs in Italy, offering all the players involved an opportunity to meet, exchange views and network in order to take stock of the situation and reason together on future developments.´

´In the last two years, almost ten times as many PPAs have been signed in Italy as at the end of 2021: consumers´ greater willingness to evaluate long-term contracts could hold out even at lower prices and become a permanent part of the classic energy buyer´s kit. In this discussion, renewable energy plants are the natural interlocutor: on this front, the number of authorised projects is growing steadily and no longer appears to be an obstacle to the process,´ Elemens explained.

Sponsors include Axpo Italia, Iberdrola and Statkraft.

´PPAs are a strategic solution for ensuring stable energy prices and a decisive choice in the decarbonisation process. As Main Partner of this important event, we are thrilled to share Iberdrola´s vision and consolidated experience to promote the energy transition of companies,´ said Lorenzo Costantini, Country Manager at Iberdrola Clienti Italia.

´For companies, integrating Corporate PPAs into their corporate sustainability strategy means contributing concretely to the creation of the country´s new renewable capacity, while at the same time, equipping themselves with agreements that allow them to procure renewable energy over a long-term time horizon,´ explained Simone Rodolfi, Head of Origination & Structured Products at Axpo Italia, ´The Axpo group is active, with many years of experience, throughout Europe in supporting PPA underwriting, which we continue to believe is the ideal tool for getting closer to energy transition goals without burdening state budgets. At the same time, they provide an additional element of competitiveness in terms of companies´ sustainable actions.´

´We are extremely pleased as Statkraft to be a partner of this important PPA event, which gives us the chance to present the prestigious companies involved with our renewable energy solutions, which ensure stability over time and will support them in achieving their sustainability goals,´ added Gennaro Mathieu D´Annucci, Head of Origination Italy and France, Statkraft.

The event aims at favouring the growth trend in PPA formalisation, offering an important moment for supply and demand to meet, gain information and network. Renewable energy producers, energy-intensive companies, traders, electricity sector institutions and financial institutions will be able to exchange views and discuss the topic together with analysts, operators, consumers, legal and tax firms. Possible forms of agreement between supply and demand in the electricity market will be analysed, also in the light of new regulatory elements, such as the energy release.

The day, divided into two main sessions, will, from 10.30 am to 1 pm, feature interaction between the parties with an agenda of meetings between energy producers, off takers, traders and energy-intensive companies that have registered for the event. Starting at 2 pm, a conference will take stock of the state of the art of PPAs, market size, demand, actors involved, contractual characteristics and structures, price drivers, tax aspects and future prospects with the presentation of several case histories.

Further information on KEY CHOICE - Unlock the future of PPAs, the programme and how to register for the event are available at the following link: www.key-expo.com/key_choice_ppa

ABOUT KEY CHOICE - Unlock the future of PPA
Organiser: Italian Exhibition Group S.p.A.; Date: 27 February 2024; Website: https://www.key-expo.com/key_choice_ppa

ABOUT KEY 2024
Event: International trade show; Organiser: Italian Exhibition Group S.p.A.; Frequency: annual; Edition: 2nd; Dates: 28 February-1st March 2024; mail keyenergy@iegexpo.it; Website: www.keyenergy.it; Facebook: https://www.facebook.com/K.EYexpo; Twitter: https://twitter.com/KeyEnergyit; LinkedIn: https://www.linkedin.com/company/keyenergy/

PRESS CONTACT KEY - ITALIAN EXHIBITION GROUP
head of media & corporate communication: Elisabetta Vitali; press office manager: Marco Forcellini; international press office manager: Silvia Giorgi; press office specialist: Luca Paganin, Mirko Malgieri; media@iegexpo.it

MEDIA AGENCY: Smartitaly Communications
Sara Scatena, s.scatena@smartitaly.it, mob. +39 338 7836985; Arianna Geli, a.geli@smartitaly.it, mob. +39 347 0917903



This press release contains forecast elements and estimates that reflect the management´s current opinions (´forward-looking statements´), particularly regarding future management performance, realization of investments, cash flow trends and the evolution of the financial structure. For their very nature, forward-looking statements have a component of risk and uncertainty, as they depend on the occurrence of future events. The effective results may differ (even significantly) from those announced, due to numerous factors, including, only by way of example: food service market and tourist flow trends in Italy, gold and jewellery market trends, green economy market trends; the evolution of raw material prices; general macroeconomic conditions; geopolitical factors and evolutions in the legislative framework. Moreover, the information contained in this release, does not claim to be complete, and has not been verified by independent third parties. Forecasts, estimates and objectives contained herein are based on the information available to the Company as at the date of this release.