Italy releases energy storage plan

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.

What is Italy's state aid scheme?

REUTERS/Yara Nardi/File Photo Purchase Licensing Rights BRUSSELS, Dec 21 (Reuters) - The European Commission on Thursday said it had approved a 17.7 billion-euro ($19.4 billion) Italian state aid scheme to support the development of a centralised system to store electricity from renewable sources.

How has Italy's energy system changed since 2010?

Italy’s energy system has changed notably since 2010 and today the country’s energy mix includes more natural gas and renewable energies and less coal and oil.

Does Italy have a target for reducing oil consumption?

However, Italy does not have specific targets for reducing oil consumption. In 2022, the government introduced a discount on the excise duty of gasoline and diesel to mitigate the impact of rising fuel prices on consumers caused by Russia’s invasion of Ukraine.

Does Italy need a smart grid?

Italy has already made substantial progress in the development and deployment of system flexibility and smart grid solutions, including the installation of smart meters, but a higher penetration of renewables will require greater transmission, distribution and storage capacity.

Why does Italy need liquefied natural gas?

Over the last decade, Italy has diversified its gas supply routes and sources and increased the flows through the existing liquefied natural gas (LNG) and pipeline import infrastructure. This now helps ease the country’s high dependence on Russian gas, which was reduced to around 3% of total gas imports by November 2022.