Italian pumped storage project

How will a hydroelectric project benefit Italy?

The two groups commit to developing together hydroelectric storage projects in the South of Italy owned by Edison. The goal: generating at least 500 MW in pumped energy by 2030, allowing the Italian supply chain of the hydroelectric sector grow to raise Italy's energy autonomy and economic development.

What does Edison's pumped hydro project mean for Italy?

The two pumped hydro projects are part of Edison's strategy to allow renewable energy sources to grow in Italy. It foresees, by 2030, taking the Group's installed green capacity to 5 GW (from the current 2 GW).

Why is CIP launching large-scale battery projects in Italy?

The development of large-scale battery projects aligns with CIP’s growing focus on energy storage. With Italy’s supportive regulatory environment, the partnership aims to leverage CIP’s expertise to advance its storage infrastructure projects. The move also supports Italy’s aim to meet the nation’s 2030 renewable energy targets.

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.

Why is the Italian hydroelectric chain important?

The Italian hydroelectric chain, which includes pumped hydro, carries out an extremely strategic role both in terms of energy autonomy and with regard to the indirect benefits and economic development.

What is the EU energy storage programme?

It will be led by transmission system operator (TSO) Terna. The EU approved a €17.7 billion package to fund the programme in December 2023, and Terna is aiming for it to support the deployment of 50GWh of energy storage by 2030, which is lower than the initial 71GWh forecast.