Italian energy storage havana transnistria

How much will Italy spend on a centralised electricity storage system?

The European Commission has approved a €17.7 billion ($19.5 billion) Italian scheme to support the construction and operation of a centralised electricity storage system to integrate renewable energy sources into the country’s electricity system.

How big is Italy's energy storage sector?

However, permitting bottlenecks remain a key concern. Figures by industry group Italia Solare put the current size of the Italian energy storage sector at approximately 450MW of total installed capacity.

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

Will Italy support the construction of electricity storage facilities?

Approved under EU state aid rules, the Italian scheme will support the construction of electricity storage facilities with a joint capacity of more than 9GW/71GWh and will run until 31 December 2033.

What drives growth in Italy's energy storage sector?

LONDON (ICIS)–Market actors predict growth in the Italian energy storage sector will be driven by the system balancing needs of the grid operator in the face of increasing renewable penetration and conventional plant closures. However, permitting bottlenecks remain a key concern.

How will a centralised electricity storage system help res producers?

This platform will enable RES producers to use the storage assets supported by the measure to directly shift their electricity production from times of overgeneration to times of scarcity. The European Commission has approved a €17.7 billion Italian scheme for a centralised electricity storage system.