Where do Italy's energy exports go?

The largest share of the Italian exports of the Energy industry is directed towards Western Europe, with exports to this region increasing by 4% since 2013. In contrast, exports to the MENA region have declined substantially, falling by 5% in the past ten years.

Does Italy need a long-duration energy storage system?

Local industry contacts and U.S. companies in the sector have indicated to CS Italy a need for long-duration energy-storage solutions. As of April 2023, Italy had more than 300,000 storage systems, with a total power of about 2,350 MW and a maximum capacity of about 4,000 MWh.

What is Italy's energy storage structure?

Italy’s energy storage structure is also dominated by residential storage, which accounts for more than 80% of new installations. In December 2023, the EU greenlit Italy’s energy storage program, earmarking a hefty investment of €17.7 billion.

How much gas did Italy export in 2022?

In 2022, Italy exported 4.6 bcm of gas (1.5 bcm in 2021). Gas storage levels in December 2022 were 2.6 bcm higher than in 2021 and in late August 2023, they were more than 92% full and were expected to cover about 30% of the winter demand.

How much will Italy's energy storage program cost in 2023?

In December 2023, the EU greenlit Italy’s energy storage program, earmarking a hefty investment of €17.7 billion. This initiative is anticipated to facilitate the construction of over 9GW/71GWh of energy storage systems (ESS).

How many energy companies are there in Italy?

18 thousand enterprises, Italy accounts for 5% of the total number of Energy enterprises in Europe. Firms in this sector generate approximately 12% of the total EU27 industry turnover, positioning Italy second among EU countries, though it significantly lags behind Germany, which accounts for 25%.