Italy’s wind & solar capacity set for significant growth by 2030, says S&P Global Ratings, covered by the specialist press

In the coming years, Italy’s gas-dominated power market will transform as wind and solar capacity catches up and coal-fired assets are phased out. This is according to a new report from S&P Global Ratings analysing Italy’s National Energy Strategy, which aims to increase the share of renewable sources to 30% by 2030.

Stefania Belisario, Associate Director of Infrastructure at S&P Global Ratings and primary analyst of the report, says: “The anticipated growth in renewables to 2030 adds downward pressure on wholesale power market prices, but this will be offset by continued coal and nuclear closures in France, Germany, and elsewhere as well as upside in demand from the electrification of transport, and, to a lesser extent, heating.”

Following outreach by Moorgate, the report was covered by Solar Power Management, Energia Oltre and World of Renewables.