Italy Renewables Report Q3 2015
BMI View: Our expectations for the renewable energy sector in Italy remain subdued, with limited growthexpected throughout the forecast period to 2024. A weak domestic economy continues to hampergovernment infrastructure investment, while private developers will likely be deterred by ongoingadjustments to subsidies. There is very little activity in the project pipeline, a trend we do not expect tochange over the short to medium term at least, and most of Italy's larger energy companies are turning theirattention to opportunities outside of the domestic market.
Key Trends And Developments
Total non-hydropower renewable energy generation is expected to increase by 3.2% to reach 56.72terawatt hours (TWh) in 2015, and by 2.5% annually throughout the remainder of the forecast period toreach 70.72TWh in 2024.
Solar and wind power will drive growth forecasts, with extremely limited growth expected in biomassand waste generation.
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