Italian smart energy storage battery quotation

Could Italy's grid-scale battery storage market see a massive expansion?

Grid-scale battery storage | Cameron Murray writes about the nascent market for large-scale battery storage in Italy, which could see a massive expansion in the short term. Italy’s grid-scale energy storage market: a sleeping dragon Render of a co-located battery storage project in Italy from Innovo Group. Credit: Innovo Storage smart power

Is Italy a good market for energy storage?

Italy is a ‘fundamentally strong market’ for storage Mahael Fedele, Partner, CEO of Sphera Energy, said that Italy has several unique characteristics that make it an exciting market for large-scale storage. “The country obviously needs energy storage. You have centres of renewable generation and centres of consumption which are far apart.

Does Italy have a battery storage market?

This report is part of a series that analyses the battery storage market in select European countries. Italy has both a rapidly growing utility-scale market as well as a flourishing customer-sited battery storage market. Customer-sited storage adoption has been mainly driven by a combination of high electricity prices and generous tax incentives.

Why is battery technology important in Italy?

“As Italy continues its renewable energy transition, battery technology stands to play a hugely important role in supporting established clean energy generators, through its ability to manage intermittency issues and associated price fluctuations.

Is Europe on the brink of a surge in battery energy storage?

According to Aurora Energy Research in their third European Battery Markets Attractiveness Report, Europe is on the brink of a much-needed surge in battery energy storage, with Great Britain and Italy two of the three leading markets for battery storage investment on the continent.

Is battery storage the 'indispensable new lungs of our electricity system?

In February 2022, just before it handed out over 1GW of capacity market contracts to battery storage projects, the TSO called the technology the “indispensable new lungs of our electricity system”.