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.

Daily (21.11.2017): German spot electricity prices surged on lower wind power supply and higher demand

21/11/2017 10:41:00

Oil prices dropped on Monday, prolonging losses ahead of next week's OPEC meeting, while stronger dollar hurt commodities across the board. Brent crude futures fell 50 cents or 0.8 percent to close at $62.22 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures settled 13 cents or 0.2 percent down at $56.42. Oil has been under pressure for the last two weeks since peaking in early November.


252 chargers for electric vehicles until 2020 will be provided within NEXT-E project

20/11/2017 16:35:00

NEXT-E project will supply 222 fast (50 kW) and 30 ultra-fast (150-350 kW) chargers for electric vehicles for Czech Republic, Slovakia, Hungary, Slovenia, Croatia and Romania by the end of 2020, as reported by Balkan Green Energy News.


Luxembourg to become a European funding center for renewables

20/11/2017 16:21:00

At the COP23 summit held in Bonn, Luxembourg’s finance and environment ministers met directors of the European Investment Bank to discuss about the institution of a de-risking mechanism to allow the financial backing of ecologically-friendly projects. Luxembourg is a very small country but releases a big amount of emissions and wants to become less polluting.