Italy’s energy mix by 2035: Renewables in the lead.

By Oliver Townsend Jun 16, 2024
GlobalData: Renewables to Lead Italy’s Energy Mix by 2035.jpegOrginal image from: https://energydigital.com/articles/globaldata-renewables-to-lead-italys-energy-mix-by-2035

Italy is making significant strides towards a more sustainable future by shifting its energy mix towards renewables, such as wind and solar power. According to leading data analytics and consulting company GlobalData, Italy is expected to have 107.7GW of renewable capacity by 2030, with renewables accounting for around 59% of the energy mix by the same year.

Italy’s Strategic Shift Towards Renewable Energy

Italy is strategically transitioning from fossil fuel imports to renewable energy sources to ensure long-term energy security and sustainability. The commitment to renewables is evident in the government’s plan to eliminate coal-powered plants by 2025. Additionally, Italy aims to strengthen its national grid and prioritize the rapid development of renewable energy sources to achieve these goals.

Key Factors Driving Italy’s Renewable Energy Transition

Sudeshna Sarmah, Power Analyst at GlobalData, highlighted key factors contributing to Italy’s renewable energy shift. The decline in hydropower generation due to a severe drought in 2022 led to an increase in thermal power generation by 8.4%. Without nuclear power, Italy also increased its reliance on electricity imports to meet its energy needs. As a response to these challenges, Italy revised its renewable energy generation target in 2023 to aim for 65% by 2030.

Italy’s Renewable Energy Future

GlobalData’s research forecasts that Italy will achieve a cumulative installed capacity of 162.7GW from renewable sources by 2035, with renewables making up 69% of the power capacity mix. The country’s commitment to enhancing its renewable energy infrastructure is reflected in the expected 59% share of renewables in total annual generation by 2030. By setting robust targets and implementing clear measures, Italy aims to reduce its dependency on natural gas and electricity imports while solidifying its position as a leader in renewable energy.

Conclusion

Italy’s transition towards renewables underscores the importance of energy security and sustainability for the country’s future. By prioritizing renewable energy sources and strategic initiatives, Italy is not only mitigating the risks associated with fossil fuel imports but also addressing the impacts of climate change. This shift towards renewables is crucial for ensuring a resilient energy infrastructure and a cleaner, more sustainable future for Italy, its businesses, and its citizens.

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