About Italian power wins tunisia energy storage bid
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4 FAQs about [Italian power wins tunisia energy storage bid]
Why is Italy a great market for large-scale energy storage?
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. You have centres of renewable generation and centres of consumption which are far apart. There’s a lack of grid interconnection with other countries.
Can banks finance energy storage in Italy?
Paolo Sereni, COO and head of storage for developer Renera Energy, also agreed, pointing out that the Italian market has not seen any bank financing for energy storage, yet. “It will be interesting to see how the banks’ experience in wind and solar translates into storage.”
How much energy does Italy need?
Visit the official site for more info. Transmission system operator (TSO) Terna estimates Italy will need 9GW/71GWh of new energy storage to integrate its growing renewables pipeline, an average duration of just under 8 hours.
Will Italy hit 71gwh?
Ben Potter, COO for ‘CO2 battery’ company Energy Dome, said he was confident that other technologies would be needed for Italy to hit the 71GWh figure, and said its technology would be able to bid in to the auction at a lower price than lithium-ion BESS or PHES.
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