Going green: the recent development of renewable energy sources in Italy

Matteo Alpino (matteo.alpino@bancaditalia.it), Luca Brugnara (luca.brugnara@bancaditalia.it), Maria Giulia Cassinis (mariagiulia.cassinis@bancaditalia.it), Luca Citino, Francesco David (francesco.david@bancaditalia.it), Annalisa Frigo (annalisa.frigo@bancaditalia.it), Giulio Papini (giulio.papini@bancaditalia.it), Pasquale Recchia (pasquale.recchia@bancaditalia.it) and Luca Sessa
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Matteo Alpino: Bank of Italy
Luca Brugnara: Bank of Italy
Maria Giulia Cassinis: Bank of Italy
Francesco David: Bank of Italy
Annalisa Frigo: Bank of Italy
Giulio Papini: Bank of Italy
Pasquale Recchia: Bank of Italy

No 908, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: The ambitious decarbonization goals agreed upon at European level require an increasing penetration of renewable energy sources (RES) into the national energy mix. In the electricity sector, Italy aims to achieve over 63 per cent coverage of consumption through RES production by 2030. The recent acceleration in the installation of renewable energy plants is still insufficient to meet the established targets. In the future, the increase in RES and the potentially greater concentration of large-scale plants in southern Italy could exacerbate transmission congestion issues, necessitating additional infrastructure investments beyond what was previously planned.

Keywords: renewable energy; energy transition (search for similar items in EconPapers)
JEL-codes: Q2 Q4 (search for similar items in EconPapers)
Date: 2025-02
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