About Italian energy group energy storage technology
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6 FAQs about [Italian energy group energy storage technology]
Does Italy need electricity storage?
As Italy’s energy mix is increasingly composed of variable renewable energy sources, electricity storage will be needed to integrate power generated by renewables into the national grid and make it available when sun and wind energy are not accessible.
Are battery energy storage systems needed in Italy?
Therefore, battery energy storage systems (BESS) are needed in Italy. The Italian market for BESS is growing rapidly and currently amounts to 2.3 GW but it almost exclusively consists of residential scale systems, associated with small scale solar plants, having a capacity of less than 20 kWh.
How will Italy develop utility-scale electricity storage facilities?
To develop utility-scale electricity storage facilities, the Italian Government set up a scheme that was approved by the European Commission at the end of 2023. Italy will promote investments in utility scale electricity storage to reach at least 70 GWh, and worth over Euro 17 bn, in the next ten years.
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.
How will Italy invest in electricity storage?
Italy will promote investments in utility scale electricity storage to reach at least 70 GWh, and worth over Euro 17 bn, in the next ten years. The new storage capacity will be acquired through tenders published by Terna, the manager of Italy’s high voltage grid. The next tender will be released in 2024.
Which projects have been submitted to the Italian Ministry of energy?
The 111MW project in Lombardia and the 97MW project in Puglia have been submitted to the Italian Ministry of Energy for approval. The 187MW project in Piemonte will be submitted for approval later this year.
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