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 the year. Italy's new energy storage capacity is expected to reach 2.5GW/6.2GWh in 2024, +25%/61% year-on-year.
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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 the year. Italy''s new energy storage capacity
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In December 2023, the EU greenlit Italy''s energy storage program, earmarking a hefty investment of €17.7 billion. This initiative is anticipated to facilitate the construction of
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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.
Italian transmission system operator (TSO) Terna said that 1GW of storage linked to solar farms will be needed by 2025 to help maintain system adequacy, with additional 6GW of utility-scale storage needed by 2030. The majority of revenue for storage assets comes from participation in Terna’s fast reserve scheme.
According to Italia Solare, Italy installed 431 MWh of storage capacity in 2021, compared to 112 MWh in 2020. The northern regions Lombardia and Veneto are particularly successful in increasing installed storage capacity by implementing specific funding schemes.
With 60MW, Enel-X claimed the largest awarded capacity in the first pilot tender followed by French utility Engie with 44MW, Metka Egri Apulia with 26MW and Iren with 25.5MW. Market participants have identified permitting issues as the main obstacle to greater growth in Italy’s battery 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.
The PV storage market in Italy is also growing. The share of installers who offer storage systems increased to almost 90%. In recent years, the Italian PV market has grown steadily. In 2021, Italy added about 1 GW of newly installed PV capacity, compared to 785 MW in 2020, and reached a cumulative PV capacity of 22.6 GW.
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