Italian energy storage project planning

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.

What drives growth in Italy's energy 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.

What are Italy's energy goals?

Italy’s ambitious energy goals, outlined in the National Integrated Energy and Climate Plan (PNIEC), mark a transformative shift toward renewable energy. By 2030, the country is targeting 28GW of wind power and nearly 80GW of solar capacity, making energy storage essential for ensuring grid stability and maximizing renewable integration.

How much solar storage will Italy need by 2025?

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.

What policy changes are affecting residential storage installations in Italy?

Residential storage installations in Italy are particularly sensitive to policy changes. The country operates under a net metering policy for residential PV generation, where households with grid-connected solar panels can feed excess electricity production back to the grid at retail prices.