Terna To Develop 130 MW Storage Systems
Italy’s power grid operator Terna has announced plans to develop 130 megawatts of batteries to store electricity in the next three years, riding a wave of renewable energy boom.
Generous production incentives, prompted by a need to develop systems to store Italy’s intermittent production have led to the exponential increase in the number of wind and solar farms in Italy in the past few years.
Focusing attention in the direction of renewable energy, Terna has presented a project to build 130 MW of batteries to the Industry Ministry. The batteries would be built in Italy’s southern regions of Puglia, Basicilicata, Campania and Sicily where wind power generation has been growing rapidly in the past few years with total investments estimated at several hundred million Euros. According to Terna, the batteries are expected to be on stream within the next three years, or even sooner.
Mr Angelo Ferrante, Head of International Regulation, Terna will be speaking on the topic of ‘Examining Storage Applications in the Italian Transmission Grid to Facilitate Massive Integration of Renewable Energy Storage’ at our upcoming Forum in Rome.
Mr Luigi de Francisci, Director of Market and Regulatory Affairs, Terna will also be one of our conference panelists discussing topics such as ‘To What Extent Intermittence Of Power From Renewable Energy Sources Can Impact The Power Market?’, ‘Should ES Investments Be Recognised In The Asset Base?’ and ‘ Can an Energy Storage Investment Be Profitable By Serving a Single Application?’.
If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.