Italy after political and economic crisis vulnerable to face an energy storage crisis. Italy is already facing many difficulties with its energy policies and ways of energy production.
Many Italian energy generation systems depended on fossil fuels such as coal to generate energy which are now depleting and importing them isn’t financially viable to the economy. Italy who majorly imports its energy needs is now shifting towards renewable and clean energy as most of the world is shifting. Italy can become self-sustainable by using renewable energy as it has most of the essentials required for effective production of energy using natural elements. Italy has a huge solar, wind, tidal and geothermal energy generation potential. Italian developers are working in the direction of using more of these resources but are facing difficulty with storage and transportation of it. Association Italia Solare assessed Italy that used feed-in tariffs (FiTs) in the 2000s to build Europe’s second top PV market can now reverse years of standstill, using new contracts-for-difference auctions to boost installed capacity from 20GW-plus to 55GW in a decade.
Giles Clark, who chairs a working group on large-scale solar at UK PV trade body STA stated that as an investor, he would not look at the Italian large ground-mounted projects except under very special circumstances. He further gave justification for his aforementioned statement that Italian energy projects are subject to the whims of markets, plus permitting rules in farming land which is not beneficial to him as an investor. Italy should pay heed to this and rectify their mistakes if they want to develop a good energy system.