Italy power storage approval announcement
Italy power storage approval announcement
On December 21, 2023, the European Commission greenlit a substantial €17.7 billion state aid initiative by Italy to boost the development and integration of a centralized electricity storage system.
SEE region: EC approves 17.7 billion euros Italian support
Sphera Energy applauds the announcement on the 21st of December of the approval by the EU Commission for the upcoming state support and auctions mechanism (managed by TSO Terna) for the deployment of 71 GWh of utility-scale Energy Storage in Italy between now and 2033. This decision comes a little ahead than expected and confirms
EU Commission approves €17.7 billion Italian
The scheme will be open to all technologies meeting the performance requirements set by the Italian Transmission System Operator (''TSO'') and approved by the Italian Energy Regulator. The list of eligible electricity storage
EU Approves €17.7 Billion for Italy''s Renewable Energy Storage
The European Commissi on endorses Italy''s €17.7 billion initiative for a centralized electricity storage system, supporting renewable integration and the EU''s Green Deal. This
Italy Energy Storage
Italy will promote investments in utility scale electricity storage to reach at least 70 GWh, and worth over Euro 17 bn, in the next ten years. The new storage capacity will be
EU approves Italy €17.7 billion state aid for
Transmission system operator (TSO) Terna estimates Italy will need 9GW/71GWh of new energy storage to integrate its growing renewables pipeline, an average duration of just under 8 hours. That duration will be split
Italy to hold first energy storage capacity
Minister of the environment and energy security Gilberto Pichetto has signed a decree allowing Italy to proceed with its energy storage capacity auction, known as MACSE, in the first half of 2025. "The approval of the
EU approves Italy €17.7 billion state aid for
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. The scheme totalling €17.7 billion (US$19.5 billion) will provide annual
New scheme to attract investment in renewable energy storage
The UK is a step closer to energy independence as the government launches a new scheme to help build energy storage infrastructure. This could see the first significant long duration energy
Italian energy storage projects
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. Is there a real energy transition in Italy?
Who are the key players driving EU storage
Italy, Germany, Spain, France and Ireland expected to be the leading EU countries for storage deployment between now and 2031; Tamarindo''s Energy Storage Report brings you a country-by-country run
EC approves €17.7bn Italian initiative for
The European Commission, in accordance with EU State aid regulations, has given its approval to a €17.7bn Italian initiative aimed at facilitating the establishment and functioning of a centralised electricity
Italy has unique opportunities in energy storage
The panel discussion on Day 1 of the Energy Storage Summit EU in London last week. Image: Solar Media. Italy''s grid-scale energy storage market opportunities are unlike anywhere else, but many challenges and uncertainties
Global news, analysis and opinion on energy
Subscribe to Newsletter Energy-Storage.news meets the Long Duration Energy Storage Council Editor Andy Colthorpe speaks with Long Duration Energy Storage Council director of markets and technology Gabriel
Italy to hold first energy storage capacity
Minister of the environment and energy security Gilberto Pichetto has signed a decree allowing Italy to proceed with its energy storage capacity auction, known as MACSE, in the first half of 2025.
Italy is a ''fundamentally strong market'' for
Speaking to a packed audience hall, executives from technology providers Energy Dome, Energy Vault and NHOA Energy and developers Sphera Energy and Renera Energy discussed one of Europe''s most exciting
Marketwatch: Italy ''most vibrant'' European
Pacific Green acquiring a majority shareholding in five battery energy parks in Italy from originator Sphera Energy. €17.7bn in Italian storage funding approved under state aid rules. Italy is a country that has decided to
GreenGo secures approval for 80 MW of BESS projects in Italy
Italian renewable energy developer GreenGo has received authorisation for two new battery energy storage system (BESS) projects, adding 80 MW of planned capacity in Southern Italy, the company said on Tuesday. GreenGo secures approval for 80 MW of BESS projects in Italy. Mar 12, 2025, 11:40:18 AM Article by Sladjana Djunisic.
Italian energy storage auction MACSE
Europe''s grid-scale battery storage market is evolving at lightning speed. Join Conexio-PSE and pv magazine on July 16 in Frankfurt (Main) to discuss key challenges for project developers and capital providers in a
Italy Energy Storage Market in 2024: Fit for 55 by 2030
The Birth of a Super Plan. The European Commission announced last Thursday the approval of Italy''s €17.7 billion plan to aid the construction of energy storage facilities exceeding 9 GW/71 GWh.This plan, slated to continue until the end of 2033, will provide annual payments to electricity storage developers to cover investment and operational costs.
Italy Energy Storage
To develop utility-scale electricity storage facilities, the Italian Government set up a scheme that was approved by the European Commission at the end of 2023. Italy will promote investments in utility scale electricity storage to reach at least 70 GWh, and worth over Euro 17 bn, in the next ten years. Local industry contacts, as well as U
Italy Energy Growth in Renewables
Specifically, hydroelectric power covered 8.9% of demand, solar power 9.2%, wind power 6.4%, bioenergy 5.6% and geothermal 1.7%. The fastest growing subsectors were solar and wind. In its National Resilience and Recovery Plan (NRRP), Italy devoted €59 billion (approximately US$66 billion) to incentivize renewables in the 2021-2026 timeframe
European Commission approves Italy''s €17.7bn state aid for
The European Commission has approved a €17.7bn Italian scheme to support the development of a centralised electricity storage system, consisting of electricity storage
Planning issues to hold back Italian energy storage growth
Figures by industry group Italia Solare put the current size of the Italian energy storage sector at approximately 450MW of total installed capacity. He added that there is real concern for storage project approval timelines to enable sufficient deployment and allow for the integration of Terna''s renewable capacity goals, adding however
Commission approves €17.7 billion Italian State aid
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. The
Italy targets 65% of renewable electricity
The Italian Ministry of the Environment and Energy Security (MASE) has said that it intends 65% of the country''s electricity generation to come from renewable energy by 2030.
italian energy storage industry project planning
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. The scheme totalling €17.7 billion (US$19.5 billion) will provide annual payments covering investment and operating costs for those developing, building and operating large-scale energy storage
Italy approves 10 GWh quota for first MACSE
The Italian Ministry of Environment and Energy Security has approved the volume of future energy storage capacity which Italian grid operator Terna has suggested is necessary to keep the lights by the publication of
GreenGo gets green light for 80 MW of battery
It took two years for the Bologna-based independent power producer (IPP) to secure the approval for two battery energy storage projects in southern Italy. GreenGo plans to use these projects to participate in the
Update on Italian BESS investment case & MACSE bidding
Key takeaways for Italian BESS investors. Let''s now focus on 3 key takeaways for investors from the latest system operator updates. 1.Dynamic assessment of storage needs drives MACSE auctions. The MACSE auction quotas will evolve dynamically through time with the evolution of the Italian power market.
Italy to subsidize centralized energy storage
Italy is launching a state aid package of EUR 17.7 billion for the establishment of a centralized electricity storage system. The scheme is for developers of eligible projects to receive annual payments for investments and
Commission approves €17.7 billion Italian State aid
Transmission System Operator (''TSO'') and approved by the Italian Energy Regulator. The list of eligible electricity storage technologies will be revised every two years to reflect technological developments. Currently, eligible technologies include electrochemical lithium-ion storage, as well as hydro pumped storage plants.
6 FAQs about [Italy power storage approval announcement]
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.
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.
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 does EU Commission approve for a centralised electricity storage system?
EU Commission approves €17.7 billion Italian scheme to EU Commission approves €17.7 billion Italian scheme to support development of centralised electricity storage system.
Will Italy deploy 71 GWh of energy storage in 2033?
Sphera Energy applauds the announcement on the 21st December of the approval by the EU Commissione for the upcoming state support and acutions mechanism (managed by TSO Terna) for the deployment of 71 GWh of utility scale Energy Storage in Italy between now and 2033.
Does Italy need electricity storage?
As Italy’s energy mix is increasingly composed of variable renewable energy sources, electricity storage will be needed to integrate power generated by renewables into the national grid and make it available when sun and wind energy are not accessible.
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