Houpo italy energy storage status

How many energy storage systems are there in Italy?

As of Sep. 30, 2024, Italy had a cumulative 692,386 energy storage systems, with a total rated power of 5,034 MW and an energy storage capacity of 11,388 MWh. Almost all of the systems – 92% – had a capacity of less than 20 kWh, 99.9% were twinned with solar panels, and 99.1% were home installations.

How many energy storage units did Italy add in 2024?

Anie reported Italy added 168,550 energy storage units from January to the end of September 2024, with a total rated power of 1,591 MW and a capacity of 4,387 MWh.

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.

Why did energy prices rise in Italy?

The trade body said those rises were helped by utility-scale batteries trading on energy markets on a merchant basis – rather than under fixed offtake deals – and by energy storage sites established under the capacity market auctions held to ensure the Italian grid meets supply.

Will Italy deploy 900MW in 2023/2024?

Research firm LCP Delta recently forecast that after annual grid-scale deployments of just 20MW in the last few years, Italy would deploy 800-900MW in 2023/2024, second in scale only to the UK. In this piece, we interview executives from three developers looking to gain a foothold in the market: Aquila Clean Energy, Field and Innovo Group.

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.