Italian centralised storage receives €17.7bn injection
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
Italy: Enel building 1.6GW of battery storage for 2024
The residential energy storage market in Italy is already very strong, with the second-highest (321MWh) deployments in 2022 after Germany according to figures from trade body SolarPower Europe. This is partially
Aquila Capital co-developing Italian clean energy
The companies have exceeded their target of agreeing to co-developing 750MW of solar projects in Italy. Image: Powertis. Spanish solar company Soltec Power Holdings, through its subsidiary Powertis, has sold a
Lemon Sistemi and Volt ESG in 2GW Italy battery
Energy-Storage.news did a deep-dive into the Italian market for a recent edition of Solar Media''s quarterly journal PV Tech Power. Energy-Storage.news'' publisher Solar Media will host the 9th annual Energy Storage
JV formed for energy storage gigafactory in Italy
A 600kWh BESS unit at a C&I location deployed by Energy SpA, one of the two firms launching the gigafactory. Image: Energy SpA. System integrator Energy SpA and its vertically integrated peer Pylon Technologies
How Energy Storage Can Reduce Italy''s Dependency
Italy''s renewable energy challenge hinges on its continued implementation of and support for energy storage systems. Energy storage can help bridge the north-south transmission divide, clean up peaking capacity,
Batteries awarded five-year grid services
Consultancy Clean Horizon contacted Energy-Storage.news to offer its take and breakdown of the results. Head analyst Corentin Baschet said the weighted average price was €29,500 (US$35,814) / MW / year across the
ACL Energy, BW ESS and Penso Power form Italian
This joint venture marks the entry of BW ESS and Penso Power into the Italian market, which is expected to be one of the most active markets in Europe for battery energy storage. ACL Energy, BW ESS and Penso Power
Italy''s grid-scale energy storage market: a sleeping dragon
The grid-scale Italian energy storage market has been kickstarted from two different directions. The first was big wins for battery storage projects in ancillary service and capacity market
EU approves Italy €17.7 billion state aid for energy
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. The scheme totalling €17.7 billion (US$19.5 billion) will provide annual
''Sand-based battery'' thermal energy storage project
Enel X and Magaldi Group have begun construction on 13MWh thermal energy storage plant based on patented technology. Enel X CEO Francesco Venturini said, noting that the Italy-developed technology is backed
The Italian energy storage market will enter the peak period of
Energy storage analysts at TrendForce said that the energy storage market in Italy is expected to enter the peak period of large storage grid connection in the second half of
6 FAQs about [Italian nauru energy storage]
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.
Does Italy need 9gw/71gwh of energy storage?
The Winners Are Set to Be Announced for the Energy Storage Awards! 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.
Is Italy a good market for large-scale energy storage?
Alongside the MACSE auction, they touched on grid, project development and opportunities for software and optimisation providers. 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.
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.
Will Italy deploy 71 GWh of energy storage in 2033?
Sphera Energy applauds the announcement on the 21st December of the approval by the EU Commissione for the upcoming state support and acutions mechanism (managed by TSO Terna) for the deployment of 71 GWh of utility scale Energy Storage in Italy between now and 2033.
How much energy does Italy need?
The 187MW project in Piemonte will be submitted for approval later this year. Terna (the Italian TSO) estimates in the last Adequacy Report for the Italian Electricity System that Italy will need around 27GW of energy storage capacity by 2033 to add a planned 120 GW+ of renewable generation to the Italian grid.