Italian solar power market became one of the largest following the German one, immediately after introducing an incentive system in 2007. In May, the Italian government reduced the feed-in tariffs as to sustain customers. According to the chairman of industry body GIFI, Italy’s total PV installed capacity could rise to 12.0- 12.5 GW by the end of 2011, while the growth will slow next year.
read more... 24/10/2011
Total energy demand in Italy is likely to increase from 177.5 million tonnes of oil equivalent (toe) forecasted in 2011 to 186.6 million toe in 2015 and 195.5 million toe in 2025 with Italian economic slowdown, following approval of the government's austerity plan, weighing on short-term energy demand and according to a recently published report by the Italian oil refining body Unione Petrolifera (UP).
read more... 30/09/2011
Italy is expected to boost its total installed photovoltaic capacity to 12GW by the end of this year, due to generous production incentives, thus becoming a leader in terms of new capacity installed in 2011 as recently stated by Italy's energy management operator GSE.
read more... 22/09/2011
Oil prices increased on Tuesday recovering from deep losses on concerns over global economy as ratings agency S&P downgraded Italy and uncertainty that Greece can avoid default on its repayments persisted.
read more... 20/09/2011
Three energy majors, Italy’s Eni, France’s EDF and Germany's Wintershall, have joined Russian energy giant, Gazprom as to build jointly the South Stream gas pipeline, which is aimed to transport Russian gas to Southern and Central Europe via the Black Sea and Bulgaria bypassing Ukraine.
read more... 19/09/2011