How much did Italy invest in the first battery storage auction?

Additionally, Enel, the country’s dominant energy utility, secured more than half of the auction’s capacity across five projects. According to grid operator Terna, total investment from Italy’s first battery storage auction is estimated to be around €1 billion. Developer: Portugal-based GreenVolt Location: Southern Italy, Calabria region

What will Italy get from a battery storage tender?

Winning participants of the tender will receive fixed revenues over a 15-year contract for capacity made available to the grid. Italy broke new ground in energy storage with its very first battery storage auction, competitively awarding the full 10 gigawatt hours (GWh) of capacity put up for tender.

When does Italy's first national battery storage auction close?

October 2025: Italy’s first national battery storage auction closes. Enel wins about half of awarded capacity. GreenVolt among auction winners

How is Italy accelerating its energy transition?

Italy is accelerating its energy transition with ambitious targets and a robust policy framework, aiming to deploy 71.5 GWh of energy storage capacity by 2030. A central element of this strategy is the MACSE mechanism, whose first auction is expected soon.

Does Italy need a doubling of solar and wind capacity?

1. Renewable capacity development Italy’s 2030 National Energy and Climate Plan (NECP) targets a doubling of solar and wind capacity. As shown in Chart 1, solar deployment is progressing well across both Northern and Southern regions, broadly tracking the pace needed to hit targets.

How res capacity deployment affect storage merchant value in Italy?

Key considerations: Massive Italian expected RES capacity deployment can contribute to the surge of storage merchant value in Italy, while MACSE-backed storage deployment contains such surge even though with different impacts between Wholesale and Ancillary/Balancing market levels.