With a yearly energy production from renewable sources (RES) exceeding 69 TWh, Italy is one of the European leaders in RES-E development.
RES-E production in EU15 (2009, TWh)
Source: GSE – Statistical Report, RES-E power plants 2009, December 2010
Over the last few years Italy has experienced a considerable development in RES-E, increasing by 5.6% CAGR 2004-2009. Wind energy and photovoltaic (PV) segments yielded the best results, growing by 34% and 177% respectively (2004-2009 CAGR).
Installed Power Capacity Trend from RES (2004-2009, MW)
Source: GSE – Statistical Report, RES-E power plants 2009, December 2010
Installed Power Capacity Itemised by RES (2009, MW)
Source: GSE - Statistical Report, RES-E power plants 2009, December 2010
In compliance with EU renewable energy targets (European Directive 2009/28/CE), by 2020 Italy is required to achieve 43,823 MW overall installed power capacity from RES able to provide 98.885 GWh. Considering that Italy’s installed power capacity accounted for 26,519 MW
in 2009, the Country offers significant investment opportunities in RES, notably in the wind and solar segments, where the most relevant growth is expected.
The Italian Government has recently published and submitted to the EU Commission the National Action Plan for the RES development to 2020 aiming at reducing constraints to the development of renewables through the implementation of a number of administrative, technological, fiscal and financial measures.
Italy’s Targets for Renewable Energy by 2020 - MW totally installed
Source: 2008 – GSE Statistical Report, RES-E power plants 2009, December 2010 ; 2020 – Italian Economic Development Ministry - National Action plan for the RES Development, July 2010