Will Italy support a centralised electricity storage system?

The European Commission has approved, under EU State aid rules a €17.7 billion Italian scheme to support the construction and operation of a centralised electricity storage system.

Is Italy a leader in industrial energy storage and commercial energy storage?

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.

Will Italy get a state aid scheme for energy storage?

The European Union Commission has approved a state aid scheme aiming to fund the rollout of over 9GW/71GWh of energy storage in Italy.

Does Italy need 9gw/71gwh of energy storage?

Italy’s TSO Terna says it needs 9GW/71GWh of energy storage by integrate its renewables pipeline. Image: Terna. The European Union (EU) Commission has approved a state aid scheme aiming to fund the rollout of over 9GW/71GWh of energy storage in Italy.

How much will Italy invest in utility-scale storage?

In support of these ambitious objectives, the Italian government recently received approval from the EU Commission for investment schemes aimed at developing at least 70 GWh of utility-scale storage—an initiative projected to attract over €17 billion in investments over the next decade.

Could Italy's energy plan prevent a decarbonisation goal?

The report, prepared by energy group Edison (EDNn.MI) and think tank TEHA Group, pointed to Italy taking 10 years longer than anticipating in deploying renewables and storage infrastructure, which could prevent the country from hitting EU-set decarbonisation goals for 2030.