Italy Power Market Size and Trends by Installed Capacity, Generation, Transmission, Distribution, and Technology, Regulations, Key Players and Forecast, 2022-2035

The cumulative installed capacity in the Italy power market was 116.7 GW in 2021. The market is expected to grow at a CAGR of more than 3% during the forecast period. Italy generates most of its electricity from thermal power. The most important aspect of the energy strategy of the country is the phase-out of coal-based capacity by 2025. Alternatively, the country’s Ministry of Economic Development has set a target to achieve a 30% renewable share in gross final consumption by 2030.

The Italy power market report discusses the power market structure of Italy and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. The report also gives a snapshot of the power sector in the country on broad parameters of macroeconomics, supply security, generation infrastructure, transmission and distribution infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential.

Italy power market overview

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What are the market dynamics in the Italy power market?

The government of Italy is now replacing thermal power plants with renewable sources due to rising energy demand and concerns over energy security. Wind and solar photovoltaic (PV) are the two technologies that have made tremendous progress in the country. In the future, renewables are expected to play a major role in meeting the country’s power demand, whereas few conventional plants will be present to take the baseload and manage the fluctuations in renewable energy. Thus, the coal power plant phase-out will put Italy’s energy security on high with increasing generation from renewable sources. The country is suggested to focus more on energy storage systems, offshore wind, biopower, and modernization of grids to secure the energy security to the maximum. In the wake of the Ukraine crisis, State-controlled Terna revealed plans of expenditure over the next four years to upgrade the country’s power grid, to meet energy security and climate change demands.

Italy is not known to possess substantial domestic fossil fuel reserves and is heavily dependent on imports. Italy is the major importer of gas after Germany in the European region and imports gas from Southern Europe and Russia via pipeline across Ukraine. The recent Ukraine crisis has further dented Italy’s supply security. The country has sought to build a partnership with Qatar to import gas to avoid a major power crisis. This may provide a short-term solution, but the government is looking to expand renewable capacity to avoid dependence on other nations.

With increasing concerns over the need to reduce Greenhouse Gas (GHG) emissions and protect the environment, renewable sources are expected to witness the highest growth among power-generating resources in the country. There is a strong institutional framework for the development of the renewable energy sector in the country. The country has also introduced an energy audit every four years to reduce energy consumption and made it an obligation for all types of industries including SMEs.

What are the key sectors in the Italy power market?

The key sectors in the Italy power market are the residential sector, commercial sector, industrial sector, and transport sector. In 2021, the industrial sector had the dominant share in the power consumption market followed by the commercial sector and residential sector.

Italy power market, by sectors

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Who are the key players in the Italy power market?

Some of the key players in the Italy power market are Enel SpA, A2A SpA, EDF- Edison SpA, Eni Spa, and Energeticky a Prumyslovy Holding AS (EPH). In 2021, Italy’s power generation market was dominated by Enel SpA.

Italy power market, by key players

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Market report scope

Scope 

This report provides:

• Snapshot of the country’s power sector across parameters – macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity imports and export scenario, degree of competition, regulatory scenario, and future potential of the power sector.
• Statistics for installed capacity, generation, and consumption from 2010 to 2021, and forecast for the next 14 years to 2035.
• Capacity, generation, and major power plants by technology.
• Data on leading active and upcoming power plants.
• Information on transmission and distribution infrastructure, and electricity imports and exports
• Policy and regulatory framework governing the market.
• Detailed analysis of top market participants, including market share analysis and SWOT analysis.

Reasons to Buy

• Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s power sector.
• Identify key factors driving investment opportunities in the country’s power sector.
• Facilitate decision-making based on strong historic and forecast data.
• Develop strategies based on the latest regulatory events.
• Position yourself to gain the maximum advantage of the industry’s growth potential.
• Identify key partners and business development avenues.
• Identify key strengths and weaknesses of important market participants.
• Respond to your competitors’ business structure, strategy, and prospects.