While Northern Italy currently has the largest installed BESS capacity in the country, a build-out of RES in the South is increasing energy price volatility, creating a more compelling investment case for BESS in this region.
In a significant development for India''s renewable energy sector, a solar project integrated with energy storage has recorded a tariff of ₹3.32 per unit—5.8 per cent lower than the rate discovered in a similar tender by SECI in
Right now, battery storage projects aren''t making enough money without some form of government support in Italy – that''s why choosing between these market mechanisms is so crucial. The capacity market in the
Comes as Octopus scales its activity in Italy targeting €1bn investment by 2030 London, 14th December 2023 - Octopus Energy''s generation arm announces the launch of a new joint venture (JV) with Nexta Capital
Italy tops the ranking, supported by its 50 GWh battery capacity target for 2030 and the opening of ancillary markets to BESS. The UK follows, with a strong installed capacity of 4.3 GW, projected to more than double to
Italy''s battery storage market has become one of the largest and most dynamic in Europe Italy has both a rapidly growing utility-scale market as well as a flourishing customer-sited battery
Italy accelerates the transition to renewable energy Italy is stepping into a new energy era with the MACSE auction in early 2025. Underpinning MACSE, or Meccanismo di Assegnazione Centralizzata per la
The global Backup Power Systems Market size was valued at USD 27.27 billion in 2024 and is predicted to reach USD 39.35 billion by 2030 with a CAGR of 6.3% from 2025-2030. The
In Italy EV Battery Recycling Market, Innovative technology developed by COBAT and CNR has been patented, making it possible to recycle lithium-ion batteries used in electric vehicles.
Spain and Italy present a €45 million opportunity for BESS insurance premiums. Discover how NARDAC supports renewable energy projects in these regions.
Timera Energy look at implementation of a new long term contract support mechanism for storage in Italy that is set to drive a surge in battery investment.
In Italy EV Battery Recycling Market, Innovative technology developed by COBAT and CNR has been patented, making it possible to recycle lithium-ion batteries used in
Italy is the most interesting European battery market, followed by Great Britain and Germany, according to a report released earlier this week by UK-based analyst Aurora
Battery storage projects made a breakthrough in Italy''s latest capacity auction round After earning modest shares within previous capacity market auctions, storage projects secured over 30%
Europe''s battery energy storage system market, long dominated by the UK, is set to welcome a new leadership contender in 2024. Italy''s transmission system operator,
Europe''s battery storage capacity is expected to grow around five-fold by 2030, bringing with it increasing returns for energy majors, project developers and traders, as the cost of new projects
Backup Power System Market was valued at USD 12.6 billion in 2024 and is expected to reach USD 19.5 billion by 2030 with a CAGR of 7.4%.
The targets in the latest version of the PNIEC, updated in June 2024¹, forecast an increase in installed renewable power capacity in Italy from the current 66 GW² to 131 GW by 2030.
The global market for Backup Power was valued at US$12.2 Billion in 2024 and is projected to reach US$16.8 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
Italy is racing to meet 2030 renewables targets, but faces grid, permitting, and skills hurdles. Explore what this means for the clean energy workforce.
The energy minister of Italy has signed a decree paving the way for an energy storage capacity auction to kick off in the first half of 2025.
On Feb. 26 Terna announced the results of its capacity market auction, allocating 43 GW for the delivery year 2027, for more than €1.847 billion. Industry insiders
Italy has commendable plans to bring renewables'' share of final gross electricity production to 73% by 2030 and 95-100% by 2050. The International Trade Association has said '' to integrate new renewable power, it
Overflooded Italy battery tenders raise remuneration worries (Montel) Investor interest in Italian TSO Terna''s battery storage auctions is soaring but a surge in projects might
Power Purchase Agreements (PPAs) in Italy have become noticeably more prevalent throughout 2024, more deals are being signed in the market compared to previous years. So, what''s the reasoning behind this?
Italy has commendable plans to bring renewables'' share of final gross electricity production to 73% by 2030 and 95-100% by 2050. The International Trade Association has
“We expect 10.5 GW [of battery projects] to be added in Italy by 2030, of which 3 GW are already in an advanced stage so they will probably come online within the next two to three years,” said Eva Zimmermann, senior associate for flexible energy at Aurora.
In the third part of our series on backup power in Europe, we examine the lucrative BESS investment landscape of Italy. In part 1 of our series on backup power in Europe, we named Italy as one of the most attractive European countries for BESS investments.
That is why Italy aims to add 15GW of BESS capacity by 2030 (of which 11GW should be standalone and 4GW co-located). As of March 2025, Italy has got 1GW of grid-scale BESS capacity online, placing the country in third place in Europe (shared with Ireland) in terms of installed capacity, behind Germany (1.6GW) and the UK (5.6GW).
