Will italy develop energy storage in the future

How much will Italy's energy storage program cost in 2023?

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 over 9GW/71GWh of energy storage systems (ESS).

What is Italy's energy storage structure?

Italy’s energy storage structure is also dominated by residential storage, which accounts for more than 80% of new installations. In December 2023, the EU greenlit Italy’s energy storage program, earmarking a hefty investment of €17.7 billion.

Why is the energy sector important in Italy?

The energy sector continues to be a cornerstone of Italy’s economic and environmental strategy, driving resilience and innovation amidst global market challenges.

Can Italy make battery storage projects commercially attractive?

“Italy has a clear need for storage, and the enabling market and regulatory mechanisms are being put in place to make battery storage projects commercially attractive.” CIP’s Flagship Fund CI V, completed in March 2025, exceeded its €12bn ($12.9bn) target.

Are Italy's ESS markets poised to become the most dynamic in Europe?

However, looking ahead, Italy's ESS markets are poised to become some of the most dynamic in Europe. Additionally, there are expectations for increased opportunities in the commercial and industrial (C&I) capacity market in Italy. Energy Storage in Italy: Policy Dynamics Impact Residential Installations

Why is Italy the second-largest storage market in Europe?

This unique combination of high electricity demand and elevated prices, coupled with the longstanding government initiative known as the Superbonus scheme, established two decades ago, has propelled Italy to the forefront of the European market for residential storage, securing its position as the second-largest market.