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.
It will be led by transmission system operator (TSO) Terna. The EU approved a €17.7 billion package to fund the programme in December 2023, and Terna is aiming for it to support the deployment of 50GWh of energy storage by 2030, which is lower than the initial 71GWh forecast.
The agreement, signed on 28th June 2023, secures Eku Energy exclusivity over 1GW of battery storage projects in Italy. As part of the agreement, Eku Energy is already funding projects with a combined capacity in excess of 100MW in the South of Italy, a region with high levels of renewable penetration and an increasingly congested grid.
Sandra Grauers Nilsson, CEO of Eku Energy commented: Italy is a key market for Eku Energy as we continue our global expansion, and we’re thrilled to have partnered with Renera Energy to help meet the country’s growing need for energy storage.
The first phase of the scheme is specifically targeting lithium-ion battery energy storage system (BESS) projects while a second auction will be carried out for pumped hydro energy storage (PHES) projects, Terna’s two ‘reference’ technologies chosen for their technological and commercial maturity.
Enel to retrofit battery storage at century-old pumped …
6 · Italian energy company Enel will integrate a 4 MW/8 MWh lithium-ion BESS with the 43.4 MW Dossi pumped storage hydroelectric power plant, in Bergamo, Italy. Enel''s BESS4Hydro project, backed by ...
Eku Energy partners with Renera Energy to develop over 1GW of …
The agreement, signed on 28th June 2023, secures Eku Energy exclusivity over 1GW of battery storage projects in Italy. As part of the agreement, Eku Energy is already funding projects with a combined capacity in excess of 100MW in the South of Italy, a region with high levels of renewable penetration and an increasingly congested grid.
Novel CO2-based battery system bags €65m funding
Italian energy storage specialists Energy Dome has secured funding commitments for its first CO2-based thermo-mechanical energy storage system to be located in Sardinia, Italy. The announcement was made at the …
Energy Dome and ENGIE Sign Pioneering Storage …
Edouard Neviaski, CEO of ENGIE''s business entity ''Global Energy Management & Sales'', said: "ENGIE is thrilled to partner with Energy Dome on this groundbreaking energy storage project ...
Eni and Snam launch Ravenna CCS, Italy''s first Carbon …
San Donato Milanese (Milan), 3 September 2024 – Eni and Snam, within the framework of the equal Joint Venture set up for the purpose, today announce the commencement of CO 2 injection activities in the …
Cubico enters partnership to develop BESS projects in Italy
The newly formed JV aims to develop over 1 GW of Battery Energy Storage System (BESS) projects in Italy. The JV will encompass four projects in its initial phase, incorporating two contributions from Cubico with a combined capacity exceeding 150MW.
Emeren and Arpinge Close Final 162 MW of 462 MW Battery Storage …
3 · I commend our team for their exceptional work, which has enabled us to deliver on our strategic goals and further advance Italy''s clean energy transition." For additional information on the initial partnership announcement, please refer to the press release: Emeren Group and Arpinge Partner to Develop 300 MW Battery Storage Portfolio.
Emeren and Arpinge Close Final 162 MW of 462 MW Battery …
3 · I commend our team for their exceptional work, which has enabled us to deliver on our strategic goals and further advance Italy''s clean energy transition." For additional information …
Eku Energy partners with Renera Energy to develop over 1GW of …
Global energy storage developer Eku Energy has signed a Framework Agreement with Renera Energy, a European consulting, trading and development group. The agreement, signed on 28th June 2023, secures Eku Energy exclusivity over 1GW of battery storage projects in Italy. Who we are About us Our people Our board What we do Battery …
Glennmont, Exus team up on 800 MW of BESS projects in Italy
Each company will lead the development of a 400-MW portfolio, consisting of four 100-MW standalone battery energy storage systems (BESS) in Italy''s Puglia region, Exus Management Partners said on Tuesday.
Pacific Green buys battery storage portfolio in Italy
Pacific Green''s Sheaf battery storage project in the UK. Image: Pacific Green Technologies. Energy storage developer Pacific Green has entered the market in Italy, acquiring a 500MW portfolio of BESS projects from developer Sphera Energy Srl which could have a duration of up to six hours.
Novel CO2-based battery system bags €65m funding
Italian energy storage specialists Energy Dome has secured funding commitments for its first CO2-based thermo-mechanical energy storage system to be located in Sardinia, Italy. The announcement was made at the COP28 climate conference and includes support in the form of a project-level grant commitment of up to €35,000,000 ($38,000,000) …
Emeren and Arpinge Close Final 162 MW of 462 MW Battery Storage …
3 · For additional information on the initial partnership announcement, please refer to the press release: Emeren Group and Arpinge Partner to Develop 300 MW Battery Storage Portfolio. About Emeren ...
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 around the different revenue streams remain, including the upcoming MACSE capacity market auction.
Sosteneo, Enel finalize partnership for 1.7 GW battery ...
The Generali Group company has signed an agreement to acquire a minority share of Enel Libra Flexsys, which aims to rollout 1.7 GW of battery energy storage projects in Italy. "Revenues are fully contracted for 15 years through capacity agreements with Enel as well as capacity payments from Enel that are backed by Terna, Italy''s transmission ...
Italy: Regulator marks big week for grid-scale energy …
Tuesday 6 June saw new criteria and conditions for large-scale energy storage capacity in the electricity system approved by the Regulatory Authority for Energy, Networks and the Environment (Autorità di Regolazione …
Italy to hold first energy storage capacity auctions in …
The MACSE auction will provide 15-year contracts for energy storage projects whereby they will be paid annual premiums to cover operating costs in exchange for making their capacity available on the Dispatching …
Forecasting the Development of Italy''s Energy …
In 2023, residential energy storage continued to dominate Italy''s energy storage landscape, representing the largest application scenario for newly added installations. Residential PV systems retained their prominence, …
Italy adds 1.74 GW during Jan-Oct, reaches record 12 GWh of energy storage
Italian grid operator Terna, in its monthly electricity demand update for November 2024, revealed the country added 1.74 GW of energy storage systems between Jan. 1 and Oct. 31, 2024.. Publishing storage system data for the first time, Terna reported Italy had around 707,000 installations at the end of October, corresponding to 11,783 MWh of capacity …
Italy to hold first energy storage capacity auctions in H1 2025
The MACSE auction will provide 15-year contracts for energy storage projects whereby they will be paid annual premiums to cover operating costs in exchange for making their capacity available on the Dispatching Services Market (acronymised in Italian as MSD). It will be led by transmission system operator (TSO) Terna.
Energy Dome and ENGIE Sign Pioneering Storage Offtake …
Edouard Neviaski, CEO of ENGIE''s business entity ''Global Energy Management & Sales'', said: "ENGIE is thrilled to partner with Energy Dome on this groundbreaking energy storage project ...
Sosteneo, Enel finalize partnership for 1.7 GW battery …
The Generali Group company has signed an agreement to acquire a minority share of Enel Libra Flexsys, which aims to rollout 1.7 GW of battery energy storage projects in Italy. "Revenues are fully contracted for 15 …
Matrix buys 8-hour Italy battery storage portfolio …
The announcement said the five projects totalled 3,787MWh of energy storage capacity, implying over 9 hours of duration, but a spokesperson for Matrix told Energy-Storage.news the correct figure was 3,280MWh. The …
Emeren and Arpinge Close Final 162 MW of 462 MW Battery …
3 · For additional information on the initial partnership announcement, please refer to the press release: Emeren Group and Arpinge Partner to Develop 300 MW Battery Storage …
Eku Energy partners with Renera Energy to develop over 1GW of …
The agreement, signed on 28th June 2023, secures Eku Energy exclusivity over 1GW of battery storage projects in Italy. As part of the agreement, Eku Energy is already …
Energy Dome signs CO2 Battery offtake deal with Engie in Italy
6 · The 20-MW/200-MWh CO2 Battery unit in Ottana, Sardinia is nearing completion and is due to be commissioned in the first quarter of 2025. Under the agreement, Energy Dome will own and operate the facility, while Engie will optimise and dispatch the stored energy in the Italian power markets.
Enel to retrofit battery storage at century-old pumped hydro storage …
6 · Italian energy company Enel will integrate a 4 MW/8 MWh lithium-ion BESS with the 43.4 MW Dossi pumped storage hydroelectric power plant, in Bergamo, Italy. Enel''s BESS4Hydro project, backed by ...
Energy Dome signs CO2 Battery offtake deal with Engie …
6 · The 20-MW/200-MWh CO2 Battery unit in Ottana, Sardinia is nearing completion and is due to be commissioned in the first quarter of 2025. Under the agreement, Energy Dome will own and operate the facility, while Engie will …
Italy: Regulator marks big week for grid-scale energy storage
Tuesday 6 June saw new criteria and conditions for large-scale energy storage capacity in the electricity system approved by the Regulatory Authority for Energy, Networks and the Environment (Autorità di Regolazione per Energia Reti e Ambiente or ARERA). The new market rules will allow grid operator Terna to run large-scale energy storage auctions.
Lemon Sistemi and Volt ESG sign 2GW Italy BESS ...
The projects will each have a minimum capacity of 100MW and the total value of the agreement with Volt ESG SRL is €20 million, implying Lemon Sistemi will receive a development premium of €10,000 per MW of projects successfully transacted on. Volt ESG is the main shareholder of Fucino Green, a renewable energy investor in Italy. In the announcement …