So, you’ve probably heard the news: a major Italian energy storage project suspended its operations last month. Cue the collective groan from renewable energy enthusiasts. But why did this happen? Was it technical hiccups, political drama, or something else entirely?
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So, you''ve probably heard the news: a major Italian energy storage project suspended its operations last month. Cue the collective groan from renewable energy
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As Italy’s energy mix is increasingly composed of variable renewable energy sources, electricity storage will be needed to integrate power generated by renewables into the national grid and make it available when sun and wind energy are not accessible.
Accordingly, there is a growing market for industrial energy storage and commercial energy storage projects, positioning Italy as a leader in advanced Italy storage solutions and renewable energy Italy initiatives.
In addition, electricity storage is critical to avoid congestion in the power grid since most of the renewable production originates in Southern Italy but is consumed mostly in the north. Therefore, PNIEC also provides for the installation of new energy storage infrastructure with the aim of reaching 22.5 GW of installed storage capacity by 2030.
Therefore, battery energy storage systems (BESS) are needed in Italy. The Italian market for BESS is growing rapidly and currently amounts to 2.3 GW but it almost exclusively consists of residential scale systems, associated with small scale solar plants, having a capacity of less than 20 kWh.
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.
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.
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