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.