Italian outdoor energy storage power supply price

Is Italy a good market for large-scale energy storage?

Alongside the MACSE auction, they touched on grid, project development and opportunities for software and optimisation providers. Mahael Fedele, Partner, CEO of Sphera Energy, said that Italy has several unique characteristics that make it an exciting market for large-scale storage. “The country obviously needs energy storage.

Could Italy's grid-scale battery storage market see a massive expansion?

Grid-scale battery storage | Cameron Murray writes about the nascent market for large-scale battery storage in Italy, which could see a massive expansion in the short term. Italy’s grid-scale energy storage market: a sleeping dragon Render of a co-located battery storage project in Italy from Innovo Group. Credit: Innovo Storage smart power

Is Italy open to foreign investment?

Italy is also fundamentally open to foreign investment compared to some other countries.” Part of that regulatory push and a huge talking point of the panel was transmission system operator (TSO) Terna’s capacity market auction for energy storage, called MACSE (Electric Storage Capacity Procurement Mechanism).

When did Italy start a capacity market auction?

Italy began capacity market auctions in 2019. These procurement exercises have often been seen by the renewable energy industry as mechanisms to help conventional power producers retain market share. This content is protected by copyright and may not be reused.

Where will the planned storage capacity come from?

The planned storage capacity will come from 20 projects selected by Italian grid operator Terna through the latest capacity market auction. Half of them will be located on the island of Sardinia. Italian power utility Enel has announced it secured 12.9 GW of the 41.5 GW awarded by Italian grid operator Terna in its latest capacity market auction.

Why are Italian capacity market auctions failing?

Problems, mostly related to the timing and the structure of the auction, remain, however. We spoke about it with Michele Scolaro, Aurora Energy Research Associate. The first two Italian Capacity Market auctions (with delivery in 2022 and 2023) have not met their targets. As a result, auctions cleared at maximum premiums.