Green energy situation in Italy

03/07/2013 00:33 Renewable


The renewable energy sector in Italy is one with the highest potential in Europe, being today a leading producer of electricity from renewable sources. The solar PV capacity has seen a great success, growing 3000% over the past three years. The wind market has also seen constant high levels of investment, with the number of installations increasing by almost 40% in 2012.

The renewable energy market in Italy is set for continuous expansion in the next years to come as the existing government still offers incentives at an adequate level for developers who are interested in investing in renewable in Italy. Italy’s renewable energy sector offers great opportunities for investors and developers and its expansion will create several new jobs and will stimulate the economy. Despite the economic uncertainties the first quarter of 2013 saw 54 million euros invested in the renewable energy sector. The future growth in the renewable energy sector is expected to be driven by increasing pressure to reach EU renewable energy target by 2020. Currently the “Bel Paese” has the highest energy import dependence rates in comparison to other European members. Reducing the energy imports and meeting the EU renewable targets are currently the 2 main objectives of Italy.

US: Wind energy - TOP Renewable electric resource

16/03/2017 11:51:00

American Wind Energy Association has recently stated that wind power has surpassed hydroelectric power becoming no.1 renewable electric resource in U.S., making wind power the fourth major electric energy source after natural gas, coal, and nuclear energy.


IEA report: Oil demand likely to reduce in 2017, non-OPEC countries seen rising production

16/03/2017 10:26:00

The demand for oil is anticipated to decrease from 1.6 million barrels a day in 2016 to 1.4 million barrels a day in 2017 which will add more issues for the producers while they could try to increase prices, as indicated in the International Energy Agency report published earlier this week, based on the early 1st quarter indicators showing slowdowns in Japan, Germany, Korea and India in January 2017.


Ireland: ESB launches a new €820m power station at Carrington, UK

16/03/2017 10:20:00

A new €820m gas-fired power station has been launched by Ireland-based energy company Electricity Supply Board (ESB) at Carrington, close to Manchester, UK.