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Italy’s Renewable Growth to Slow by 2025-26

POWER

Italy’s renewable growth is expected to slow by 2025-26 due to challenges of finding suitable areas for renewable installations and the delay of green subsidy legislation, according to Milan Polytechnic University, cited by montel.

  • By 2025-26, 1-1.5GW of solar and 400-500MW of wind would be installed annually – falling short of the 7GW of solar and 2GW of wind needed each year to meet the 2030 targets, according to the university report.
  • Due to the current issues, Italy is expected to only reach about 70GW in total solar and wind capacity by 2030.
  • This is short of the 131GW of renewable capacity being targeted by 2030.
  • Regulations need to improve to meet the targets, while the high levelized cost of electricity (LCOE) was too high compared to the tariffs – initially set at €70/MWh and recently lifted to €77.60/MWh to track inflation, the report added.
  • LCOE is €65-80/MWh for utility-scale solar and wind farms.
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