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Renewable Energy

Italy - Renewable Energy

Italy relies on some of the other European nations to meet about 86% of its energy requirements. This has put a significant amount of strain on the country’s resources. In an effort to reduce its dependence on others, Italy has therefore started tapping its renewable resources in the last decade or so.

Moreover, environmental awareness in Italy has been on the rise in the last few years. Many organizations and a few homeowners have shown some interest in switching over to electricity that has been produced by renewable energy.

Any form of energy, which is acquired from natural sources that can constantly be replenished is regarded as a renewable energy. The most common types of renewable energy around the globe include solar energy (sunlight), bio-energy (organic matter), wind energy (wind currents), geothermal energy (heat from the earth), ocean energy (sea) and hydropower (moving water or rain). Italy is currently investing in the research and development of solar energy, wind energy, geothermal energy and hydropower.

This country has the advantage of receiving ample sunlight because of its geographical location. Therefore, the solar photovoltaic sector is fast emerging as one of the dominant renewable energies. Several expats who build or restore houses in Italy are getting their architects to install solar panels to power the premises. These panels generate electricity when the sun shines; the energy is fed into the grid and the electric company pays the producer. This helps cut down electricity bills to a great extent. The amount of energy generated may vary from one region to the other, based on the amount of sunshine received. To increase production of energy additional panels may be installed.

At the moment though, the most important renewable energy source (RES) is Hydropower, which contributes to about 16% of the country’s gross electricity production.

Geothermal power is also being produced in certain parts of the and represents around 2% of the gross electricity production; in Larderello (Tuscany), electricity is generated from the steam that is naturally produced by hot rocks several kilometers under the ground.

Prospects for wind power in Italy also look good as the country’s turbines are producing the same amount of electricity as the geothermal plants. Wind turbines can be seen in several regions across the peninsula.

The Italian government has offered some incentives for the promotion of renewable energy. However, the incentives were recently cut down in the year 2012, thereby reducing profitability for the companies providing green energy. Any further revisions in the incentives could deter organizations from exploring the renewable energy sector.

As compared to countries like the US, Canada and Australia, the use of renewable energy in Italy is limited, especially among the urban population. At present, most of the renewable energy is used by organizations that enjoy incentives for going “green”. People living in apartments, villas and farmhouses do not power their homes with wind turbines, solar panels or other alternate forms of energy.

Some of the energy providers that are investing in the research and development of the renewable energy sector in Italy include:

Greentech Energy Systems A/S
Tel: +39 06 4879 3200
Fax: +39 06 474 6152
URL: http://www.greentech.dk/country/

ENEL Green Power
Tel: +39 06 8305 8721/ 8305 9104
Fax: +39 06 8305 2700/ 6444 2758
URL: http://www.enelgreenpower.com

Green Energy Italy
Tel: +39 03 4256 3572
Fax: +39 03 4259 8858
URL: http://www.greenenergyitaly.com

With an annual energy production of 84 terawatt-hours (TWh) from RES, Italy has become one of the leading European nations in the development of this industry. In the year 2013, renewable electricity contributed towards approximately 38% of all the electric energy produced in the country. In the first quarter of 2014, this figure rose to 40% and in April it touched 49%. In 2013, on the 16th of June, 100% of the country’s electricity demand was covered only by renewable sources for the duration of 2 hours.

However, Italy still has a long way to go, in order to achieve its targets that have been set for the year 2020. The Italian National Renewable Energy Action Plan aims at increasing the total share of renewable energy to 26%, with 18% in the heating/ cooling sector, 39% in the electricity sector and 14% in the transport sector.

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Expat Health Insurance Partners

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