Business Times Issue 103 | Enemalta | April 24

ENEMALTA’S RENEWABLE ENERGY REVOLUTION:

PIONEERING MALTA’S CLEAN ENERGY FUTURE

ENEMALTA

ENEMALTA

ENEMALTA’S RENEWABLE ENERGY REVOLUTION:

PIONEERING MALTA’S CLEAN ENERGY FUTURE

Project by:

Malvern Kandemwa

Words by:

Michelle Duncan

Enemalta is the national energy company of Malta, responsible for the generation, transmission, distribution, and supply of electricity and water throughout the Maltese Islands. Established in 2012 through the restructuring of the former Malta Electricity Company (MEC), Enemalta plays a vital role in ensuring the availability of reliable and affordable energy resources to support Malta’s economy. Ryan Fava, the chairman of Enemalta, has been instrumental in driving the company’s growth and success through strategic

leadership and innovative initiatives. Under Ryan Fava’s leadership, they have prioritised efficiency and reliability in its day-to-day operations. Through strategic investments in infrastructure upgrades and maintenance initiatives, the company has ensured uninterrupted energy supply to its customers. Moreover, Fava’s emphasis on workforce develop-

...THIS INCLUDES THE ADOPTION OF SMART GRID TECHNOLOGIES, RENEWABLE ENERGY INTEGRATION, AND DIGITAL SOLUTIONS TO ENHANCE SERVICE DELIVERY...

ment and training programs has empowered employees to deliver exceptional service while upholding the highest standards of safety and professionalism.

He also implemented a comprehensive technology transformation strategy to modernise its operations and improve efficiency. This includes the adoption of smart grid technologies, renewable energy integration, and digital solutions to enhance service delivery. Recognizing the transformative potential of digital technologies, spearheaded digital transformation initiatives. By harnessing the power of data analytics, automation, and IoT (Internet of Things) solutions, the company has optimised its oper-

ations, enhanced grid management capabilities, and improved customer service experiences. His visionary leadership in embracing digital innovation has positioned Enemalta as a trailblazer in the energy sector, setting new standards for efficiency and reliability.

Chairman Fava has been a vocal advocate for sustainability, driving its commitment to environmental responsibility and renewable energy integration. Under his leadership, the company has made significant strides towards

reducing carbon emissions, promoting energy efficiency, and expanding its renewable energy portfolio. Through investments in solar, wind, and other clean energy projects, Enemalta is not only mitigating environmental impact but also paving the way for a more sustainable energy future for Malta and beyond.

A cornerstone of his vision has been the enhancement of infrastructure to meet the evolving needs of customers and stakeholders. Through strategic investments in grid modernization,

transmission, and distribution network upgrades, the company has bolstered reliability, resilience, and flexibility in its infrastructure. These improvements not only ensure the stability of energy supply but also lay the foundation for accommodating future growth and technological advancements. They invested significantly in upgrading its facilities and network to ensure reliability and resilience. This includes the construction of new power plants, substations, and transmission lines to meet the growing energy demand of Malta.

Ryan Fava, Executive Chairman, Enemalta

ElectroGas has played a pivotal role in transforming Malta’s energy scene, making strides in minimizing reliance on heavy fuel oil, enhancing energy security, and making significant headway in reducing carbon emissions.

In 2013, ElectroGas embarked on an ambitious journey after winning a competitive bidding process. The objective was to plan, construct, and oversee the operations of a 205 MW power station and an LNG terminal for a duration of 18 years. By 2017, the project secured financial support from ten international banks, obtained the necessary Operational Permit, and successfully initiated full Combined Cycle Operation in August 2017. This marked a significant milestone in ElectroGas’s commitment to reshaping Malta’s energy future.

The ElectroGas project signifies a pioneering venture in Malta’s energy sector, holding paramount importance for the nation amid global efforts towards sustainability. Introducing a state-of-the-art power plant fuelled by natural gas , the project aligns with Malta’s objectives of diversifying energy sources and enhancing resilience. Furthermore, it actively contributes to the European Union’s commitment to reducing carbon emissions, positioning ElectroGas as a pivotal player in Malta’s journey towards cleaner energy solutions.

ElectroGas is actively involved in securing LNG and supplying natural gas and electricity to Enemalta, Malta’s exclusive electricity distributor. The strategic storage of LNG takes place in a converted Floating Storage Unit (FSU), anchored at a purpose-built jetty for regasification. The liquid fuel undergoes a meticulous process at the regasification compound, where it is transformed back into natural gas, powering both ElectroGas and Enemalta’s power stations.

Empowering Malta’s Energy Future.

Demonstrating a keen sense of responsibility, ElectroGas places a high priority on safety and environmental stewardship, aligning with its Environmental, Social, and Governance (ESG) commitments. From rigorous safety reviews during the project’s design phase to ongoing adherence to international standards, ElectroGas demonstrates a steadfast commitment to safety and regulatory compliance.

In June 2023, ElectroGas successfully accomplished its first Gas Up and Cool Down operation at the Marsaxlokk port in Malta. This procedure is essential for LNG ships undergoing drydock maintenance in preparation for their subsequent LNG cargo. In collaboration with relevant authorities, ElectroGas meticulously planned the operation, prioritizing the highest standards of safety and environmental protection.

During this operation, the LNG carrier Gaslog Sydney docked alongside the FSU Armada LNG Mediterrana and was connected via hoses to initiate the LNG gas-up procedure. Follow-

ing a brief stay at the Delimara Terminal, the LNGC Gaslog Sydney was fully prepared to set sail for its next port, ready to receive its initial LNG cargo post-drydock maintenance.

ElectroGas offers substantial employment opportunities, actively seeking qualified and motivated individuals to enhance its dynamic team. Currently, the company boasts an international workforce representing diverse cultures and expertise, contributing significantly to ElectroGas’ success during its seven years of full operations. This cohesive team has been instrumental in achieving outstanding results.

With confidence and pride, ElectroGas Malta looks forward to the future, aspiring to maintain its status as a proficient and dependable energy supplier of LNG, gas, and electricity, adding substantial value to Malta’s energy sector.

Find out more:

Web: electrogas.com.mt

Phone: 356 2540 1200

LNG carrier Gaslog Sydney docked alongside FSU Armada LNG Mediteranna

Enemalta has been actively involved in several recent projects and initiatives aimed at enhancing energy sustainability and reliability in Malta. Some of the notable projects include:

Renewable Energy Integration: Enemalta has a significant opportunity to further expand its renewable energy portfolio, using Malta’s abundant solar and wind resources. Continued investments in solar photovoltaic arrays, wind farms, and other clean energy projects will contribute to reducing carbon emissions, enhancing energy security, and promoting sustainability. These initiatives aim to reduce the country’s reliance on fossil fuels and mitigate carbon emissions. Furthermore, Enemalta has focused on enhancing its procurement and supply chain management practices to

optimise costs and streamline operations. This includes fostering strategic partnerships with suppliers such as ElectroGas Malta, implementing best practices in procurement, and leveraging technology for better inventory management and logistics. The company has enhanced cost-effectiveness, supplier relationships, and supply chain resilience. Fava’s initiative-taking approach to procurement and supply chain management has strengthened its competitive position and operational efficiency.

Energy Storage and Grid Modernization: With advancements in energy storage technologies, Enemalta will enhance grid flexibility and resilience. Deploying battery storage systems and smart grid solutions shall help optimise energy management, balance supply and demand, and accommodate the increasing penetration of intermittent renewable energy sources. This helps in balancing supply and demand, especially during peak usage periods or when renewable sources are not producing energy. The implementation of smart meters, advanced monitoring systems, and automated controls enhances the management and distribution of energy across the grid.

Electric Vehicle Infrastructure: Malta’s commitment to energy market liberalisation presents opportunities for Enemalta to diversify its revenue streams and foster competition. The company will explore new business models, such as energy trading, demand response services, and electric

vehicle charging infrastructure, to capitalise on emerging market opportunities. By installing charging stations at key locations, the company aims to promote the adoption of electric vehicles and contribute to reducing carbon emissions from transportation. Furthermore, Enemalta has been running energy efficiency programs to educate consumers on ways to reduce energy consumption and adopt sustainable practices. These initiatives include providing energy audits, incentives for energy-saving appliances, and promoting energy conservation behaviours.

The prospects for Enemalta are multifaceted and interconnected with broader trends shaping the global energy landscape. Chairman Ryan Fava is embarking to Strengthen cross-border energy cooperation and infrastructure connectivity which will enhance Malta’s energy security and resilience. They will explore opportunities for interconnection with neighbouring countries, participation in regional energy markets, and collaboration on joint energy projects to diversify energy sources and mitigate supply risks. Moreso, proactively addressing the impacts of climate change, such as rising sea levels, extreme weather events, and changing precipitation patterns, is essential for long-term sustain-

ability. Investments in climate resilience measures, such as flood defences, coastal protection, and infrastructure hardening, will safeguard its critical energy assets and ensure uninterrupted service delivery.

In navigating the opportunities and challenges ahead, Enemalta will keep a strategic focus on innovation, sustainability, and customer-centricity. By embracing technological advancements, fostering collaboration, and adapting to evolving market dynamics. They stand at the forefront of Malta’s energy sector, poised to embrace a future defined by innovation, sustainability, and resilience. As the national energy company, Enemalta plays

a crucial role in ensuring the availability of reliable and affordable energy resources to support Malta’s economic growth and the well-being of its citizens.

CHAIRMAN RYAN FAVA IS EMBARKIN TO STRENGTHEN CROSSBORDER ENERGY COOPERATION AND INFRASTRUCTURE CONNECTIVITY WHICH WILL

ENHANCE MALTA’S ENERGY SECURITY AND RESILIENCE.

Looking ahead the prospects are promising, with many opportunities for growth and development. By expanding its renewable energy portfolio, enhancing grid flexibility, and promoting energy efficiency will contribute to a cleaner, more sustainable energy future. Embracing digital transformation, fostering cross-border energy cooperation, and strengthening resilience to climate change will be key priorities in navigating the complexities of the evolving energy landscape.

Ultimately, Enemalta’s success lies in its ability to adapt to change, innovate, and prioritise the needs of its customers and stakeholders. With visionary leadership of Ryan Fava, strategic investments, and a commitment to excellence, the company will continue to lead the way towards a brighter, more sustainable future for Malta and its people. FIND OUT MORE ABOUT

enemalta.com.mt

Enemalta, Central Administration Building, Church Wharf, Marsa, MRS 1000, Malta