government procurement price of industrial energy storage in Italy

How does Italy guarantee a long-term supply system of new storage capacity?

The Italian legislator has acted to guarantee a long-term supply system of new storage capacity by introducing a mechanism based on competitive, transparent and non-discriminatory auctions. The system recognises the right to an annual remuneration, in exchange for the provision of the awarded capacity as part of the national energy market.

How will Italy develop utility-scale electricity storage facilities?

To develop utility-scale electricity storage facilities, the Italian Government set up a scheme that was approved by the European Commission at the end of . Italy will promote investments in utility scale electricity storage to reach at least 70 GWh, and worth over Euro 17 bn, in the next ten years.

Is there a need for energy storage solutions in Italy?

Local industry contacts, as well as U.S. sector firms, have also indicated to Post that there is a need for energy storage solutions in Italy.

What is the electricity storage capacity procurement mechanism (MACSE)?

The Electricity Storage Capacity Procurement Mechanism (in Italian “Meccanismo di Approvvigionamento di Capacità di Stoccaggio Elettrico”: MACSE) is a regulatory initiative aimed at fostering the growth of electricity storage capacity in Italy.

What is the EU energy storage programme?

It will be led by transmission system operator (TSO) Terna. The EU approved a €17.7 billion package to fund the programme in December , and Terna is aiming for it to support the deployment of 50GWh of energy storage by , which is lower than the initial 71GWh forecast.

What is a contract standard of capacity supply O electrical storage?

nergy, Networks and the Environment (here orit du e i t e ss gn e f c to order thenecessary equipment or the date on which any the qu nt ty of ne s or ge ract : it is the contract standard of capacity supply o electrical storage,distinguished by Reference Technology , as per Annex 4. The Cont

Under MACSE, newly constructed storage facilities will receive compensation through long-term contracts, offering a premium in €/MWh-years. This premium will be determined via competitive auction processes.

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