Wind power storage in Milan Italy

How much wind power does Italy generate a year?

In 2023, wind power in Italy generated 23.4 TWh, a record for the technology, which last year covered 7.6% of the country's electricity demand. Wind energy is currently the third most potent renewable source by generation, accounting for 20.7% of total renewable energy production.

How big is the wind industry in Italy?

According to certain projections, the Italian market is expected to reach 2.1 GW by 2030 (starting in 2025) for offshore generation and to increase from 1.5 GW in 2024 to 2.1 GW in 2026 for onshore. The need for increased wind production is clear, with a demand of at least 40 TWh over the next seven years.

Is offshore wind a good investment in Italy?

Yet, operators are active and optimistic and, once the regulatory framework is completed for offshore wind, a new wave of larger projects is expected. In Italy the offshore sector in general is interesting because there is excellent expertise among constructors who would be capable of managing these projects.

Does Italy have a wind market?

The wind market in Italy has been limited and has not nearly reached its potential. Yet, operators are active and optimistic and, once the regulatory framework is completed for offshore wind, a new wave of larger projects is expected. In terms of technologies, there is a huge prevalence of onshore farms over offshore.