Italy s new energy storage
Italy is promoting investments in utility-scale electricity storage1. The goal is to reach at least 70 GWh of new storage capacity, worth over Euro 17 billion, in the next ten years1. Tenders for this new capacity will be published by Terna, the manager of Italy’s high voltage grid1. Construction work for new battery energy storage systems (BESS) will begin between April and June 20232. Italy's TSO Terna is reforming the electricity market to incorporate new energy storage resources onto the grid3.
As the photovoltaic (PV) industry continues to evolve, advancements in Italy s new energy storage have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
6 FAQs about [Italy s new energy storage]
How will Italy support energy storage?
Italy is one of Europe’s fastest growing energy storage markets and recently introduced mechanisms to support this nascent sector. To meet its decarbonisation goals, it set out the need to build 9 GW of new grid-scale energy storage and upped its renewables targets with the aim of having 65% of electricity from green energy by 2030*.
How will Italy invest in electricity storage?
Italy will promote investments in utility scale electricity storage to reach at least 70 GWh, and worth over Euro 17 bn, in the next ten years. The new storage capacity will be acquired through tenders published by Terna, the manager of Italy’s high voltage grid. The next tender will be released in 2024.
Does Italy need 9gw/71gwh of energy storage?
Italy’s TSO Terna says it needs 9GW/71GWh of energy storage by integrate its renewables pipeline. Image: Terna. The European Union (EU) Commission has approved a state aid scheme aiming to fund the rollout of over 9GW/71GWh of energy storage in Italy.
How will Italy develop utility-scale electricity storage facilities?
To develop utility-scale electricity storage facilities, the Italian Government set up a scheme that was approved by the European Commission at the end of 2023. Italy will promote investments in utility scale electricity storage to reach at least 70 GWh, and worth over Euro 17 bn, in the next ten years.
Does Italy need a small storage system?
Italy simplified permitting for small storage systems last year but the country still needs to readjust its medium-term plans to make them coherent with its ambitious climate and energy targets. “Storage needs to be considered, also in line with the European approach, as a market player, similar to a generating asset,” said Canazza.
Does Italy still need to readjust its energy plans?
Energy expert Virginia Canazza discussed the topic with pv magazine. Italy simplified permitting for small storage systems last year but the country still needs to readjust its medium-term plans to make them coherent with its ambitious climate and energy targets.