Italy has made strong progress in the application of energy policy. The highly noticed improvement has been the constant progress and application of a comprehensive long-term energy strategy.
The National Energy Strategy in 2013 sent a notice to stakeholders making them aware of the government’s objectives for the energy sector. Some of the goals of this policy includes: reduce in energy costs, meet environmental changes, increasing the security of energy distribution and a step towards sustainable economic growth. Nevertheless, the implementation of the Strategy is only a small step towards achieving the great ambitions and the further targets set by the government. Observing implementation and keeping the change at a pace will be like climbing the mountain for the government. Italy has seen very steep growth in the renewable energy sector. Reducing costs is a priority, and policies need to keep their eye on bringing deployment costs towards set benchmarks.
Italy has also kept on its words in terms of market liberalization, notably in the electric market where transmission losses were a problem has been resolved by the materials having proper efficient use, low carbon footprints and also cheaper in rate. Development in the gas sector has been slower, and for Italy to become a southern gas hub higher pace development is required. Application of the National Energy Strategy gives them a timely opportunity to face each of these challenges in efficient way. Italy is currently concentrating on their policy improvements and the pace of implementation as well as proper management of these policies can help Italy in higher generation of green electricity. Italy is preparing to present a new longer sustainable energy policy which will boost the country’s economy also help the climate protection activities by 2022.