Italian mobile energy storage design

How many MW of battery storage projects are being developed in Italy?

Fund managers investing in clean energy Nuveen Infrastructure (formerly Glennmont Partners) and independent renewables asset management and development firm Exus Renewables have agreed to co-develop around 800 MW of battery storage projects in southern Italy, with each company co-developing a portfolio of around 400 MW of projects.

What's going on with battery energy storage in Italy?

Since it went to press, regulators in Italy approved new auction rules for grid-scale storage and gave the green light to a 200MW/800MWh battery energy storage system (BESS) project from UK developer Aura Power, while Eni Plenitude brought a 15MW BESS online.

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

Why is battery technology important in Italy?

“As Italy continues its renewable energy transition, battery technology stands to play a hugely important role in supporting established clean energy generators, through its ability to manage intermittency issues and associated price fluctuations.

What is Nuveen infrastructure doing with energy storage?

This latest move in energy storage for Nuveen Infrastructure comes after their entry into the market in 2023 with the announcement of the construction of a 30 MW BESS project in Finland. This project will use Alfen’s top of the line The Battery Elements battery storage system built in a modular design, and capable of storing 41 MWh of energy.

Why did Italy announce a €8bn energy package?

In February, the Italian prime minister announced an €8bn energy package to shield individual, industrial, and public sector energy consumers from rising electricity and gas bills that threaten to undermine post-pandemic economic recovery.