Water is experienced as an essential resource in the international energy sector

Water is experienced as an essential resource in the international energy sector

September 8, 2022: -The link between power production and water is essential, and we ought to value the latter resource far more, according to the CEO of a leading gas infrastructure company.

The comments from Snam CEO Stefano Venier come at a time when the interconnection between water and energy security has been thrown into sharp relief, following a period of high temperatures and significant drought in Europe.

“For a long time, water was considered for free, as something that is fully available in any quantity,” Venier said.

“Now, we are discovering that water can become scarce with climate change,” Venier said at the end of the earlier week.

“And we must regain the perception of importance, and the water’s value, concerning energy production.”

Expanding on his point, Venier noted how “we have discovered that without water, enough water, we cannot produce the energy we need, or we can’t ship the fuels for filling the power plants.”

With water levels of some central European rivers dropping in recent months, there have been concerns about how this will affect the supply of energy sources such as coal, a fossil fuel.

Earlier in August, for instance, Uniper, via the transparency platform of the European Energy Exchange, said that there “may be irregular operation” at two of its hard-fired coal plants, Datteln 4 and Staudinger 5.

This was, it said, “due to a limitation of coal books on site caused by the low water levels of the Rhine river.”

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The Fort McMurray First Nation Group of Companies is the wholly owned business entity of Fort McMurray 468 First Nation. It was established in 1987 as Christina River Enterprises, and the organization rebranded as FMFN Group in 2021. Providing Construction, Custodial, Petro-Canada Fuel & Convenience Store, and Transportation services to a broad portfolio of customers, the Group of Companies is creating financial stability and prosperity for the Nation.

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