“The outcome of the fifth GSE auction, with around 5% of available capacity assigned, a project offering significantly lower than the tender volumes and seeing the participation of only a few operators, is the lowest ever recorded. This is a worrying situation for the development of renewables in Italy. The sluggishness of the authorization procedures and uncertainty over plant construction capacity is a restraint on the energy transition of this country, for which a solution must be found if we are to achieve the European carbon-neutral objectives and provide certainty to operators in an industry that is essential to the economic recovery.”
The construction of new renewable capacity and the refurbishment of existing plants in Italy form part of the Enel Group’s broader commitment to the growth of renewables and carbon neutrality. In this country, the Group’s target development of new renewable capacity between 2021 and 2023 is 1.5 GW.
Enel’s 2021-2023 Strategic Plan foresees a global increase in additional capacity from renewable energy sources of 19.5 GW, to reach a total capacity of 68 GW.
* includes the power value from hydroelectric concessions for refurbishments