Industry

Energy, strategic agreement between Saras and Austria's Verbund Ag

by Davide Madeddu

13 March 2026

2' min read

Translated by AI

Versione italiana

2' min read

Translated by AI

Versione italiana

Agreement between Saras and energy operator Verbund Ag (Austria's leading energy company and one of Europe's largest producers of energy from renewable sources), as part of their participation in the new Energy Release 2.0 mechanism, promoted by the Gestore dei Servizi Energetici (GSE) to accelerate the development of renewable energy in Italia and support the competitiveness of energy-intensive companies.

The Agreement

The agreement, as the Vitol Group company points out in a note, 'allows the Gse to advance about 1.2TWh of electricity over three years, destined to supply the Sarroch refinery, considered one of the most important energy and industrial poles in the Mediterranean'.

The Sarroch refinery (some twenty kilometres from Cagliari), in operation for some sixty years, is one of the largest in the Mediterranean and is considered in the sector to be 'among the most advanced in terms of plant complexity' and is active in the production and sale of electricity through the Combined Cycle Gasification Plant integrated with the refinery, which plays an essential role in the stability and security of Sardinia's electricity system.

Energy from renewable sources

Verbund will operate with its Italian subsidiary Verbund Green Power Italia. The energy advanced, as the Sardinian company points out, 'will subsequently be returned by Verbund Green Power Italia to Gse through the construction of new photovoltaic capacity, amounting to around 81MW; this capacity will in fact be contracted with Gse for 20 years at a fixed price, in line with the provisions of the Energy Release 2.0 mechanism'. In this framework, Verbund's Italian subsidiary will also play an important role. "The energy returned to the Gse," Saras says, "will in fact come from newly built plants, which will contribute to increasing the supply of renewable energy, reduce overall emissions in the sector, and support national and European climate objectives.

This is a further step for the company based in the Cagliari metropolitan area, which with its subsidiary Sardeolica Srl produces and sells electricity from wind power, with a total installed capacity of 171 MW, meeting the annual energy needs of around 200,000 people.

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