Italy could reach 50% of its electricity production from renewables as early as 2024.
This is the prediction made by the energy consultancy company Althesys in its report "The governance of the system, a coordinated strategy for renewables" presented at the Key clean sources fair in Rimini.
Thermoelectric generation as a whole, although still covering around 62% of national production, fell by 17.4% in 2023 compared to the previous year.
On the other hand, renewable generation has gained ground, with a +20% year-on-year, mainly due to the recovery of hydroelectric and wind power.
In the medium term, the prices of the main energy sources are expected to fall, in particular gas, while those of CO2 are expected to rise.
As a consequence, the electricity market also observes a long-term bearish trend.
At the same time, the costs of renewables are rising, due to the increase in material prices and the cost of capital.
The investment costs of wind and photovoltaic (Capex), after years of constant decline, have seen a marked reversal in trend starting from 2021, driven by the surge in costs due to the energy crisis and the difficult geopolitical context.
For wind power, in 2023 average Capex returned to the values of over a decade ago, while in photovoltaic they are close to those of five years earlier.
Reproduction reserved © Copyright ANSA