Italy opens up energy storage

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.

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.

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.

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.

Will Italy reach 90% gas storage in October?

MILAN, July 16 (Reuters) - Italy has filled far more than 65% of its gas storage capacity and is on track to achieve its target of reaching storage levels of 90% in October, the ecological transition minister said on Saturday. "Our storage is well above 65%. We must achieve 90% and possibly more in October.

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.