Italian development and reform commission energy storage project

Will Italy support a centralized electricity storage system?

The European Commission has approved, under the European Union’s state aid rules, a EUR 17.7 billion scheme with which Italy intends to support the establishment and operation of a centralized electricity storage system.

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.

What is the res scheme in Italy?

The Italian scheme The scheme notified by Italy will support the construction of electricity storage facilities with a joint capacity of more than 9 GW/71 GWh. The scheme will run until 31 December 2033. The measure aims to facilitate the integration of renewable energy sources ('RES') in the Italian electricity system.

How does the Res project support Italy?

The project supports Italy in achieving its renewable energy targets and is directly linked with its recovery and resilience plan, in particular streamlining RES permitting procedures through a single primary legislative act. Furthermore, the technical support contributes to energy security and the clean transition at national and EU levels.

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 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.