Italian government subsidies for energy storage batteries

Will Italy get a state aid scheme for energy storage?

The European Union Commission has approved a state aid scheme aiming to fund the rollout of over 9GW/71GWh of energy storage in Italy.

How will Italy's electricity storage subsidies work?

After winning clearance in Brussels, Italy can now select companies developing electricity storage projects eligible for subsidies. The mechanism is set to cover investment and operating costs through annual payments.

Will Italy support a centralised electricity storage system?

The European Commission has approved, under EU State aid rules a €17.7 billion Italian scheme to support the construction and operation of a centralised electricity storage system.

Does Italy need 9gw/71gwh of energy storage?

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.

How much money does Italy spend on solar power plants?

The Italian government has signed a decree to allocate EUR 320 million (USD 336.3m) in state funding to small and medium-sized enterprises (SMEs) willing to install self-consumption wind or solar power plants. Solar park in Italy. Image by: Iberdrola SA.

How much money does the Italian government give to SMEs?

(EUR 1.0 = USD 1.051) The Italian government has signed a decree to allocate EUR 320 million (USD 336.3m) in state funding to small and medium-sized enterprises (SMEs) willing to install self-consumption wind or solar power plants.