Finance
Italy could struggle to meet 2030 green goals, study shows
Published by Global Banking & Finance Review®
Posted on September 6, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on September 6, 2025
2 min readLast updated: January 22, 2026
Italy may miss 2030 EU carbon targets due to delays in renewable energy and storage deployment, impacting economic growth.
CERNOBBIO, Italy (Reuters) -Italy could fail to meet carbon emission reduction targets agreed at the European Union level due to delays in key green transition areas, including renewable power generation and energy storage systems, a study showed on Saturday.
The report, prepared by energy group Edison and think tank TEHA Group, pointed to Italy taking 10 years longer than anticipating in deploying renewables and storage infrastructure, which could prevent the country from hitting EU-set decarbonisation goals for 2030.
The study called for streamlining permitting, providing certainty for investments and reducing energy costs.
By combining hydropower storage with advanced nuclear power generation and carbon capture technologies, Italy could add 190 billion euros to its economic out by 2050, the study calculated.
Italy could develop hydropower storage, with an estimated 13.6 gigawatt potential across 56 new sites, supporting energy security and climate resilience, the report said.
"We must reduce our energy and technological dependence on foreign countries, enhance domestic supply chains such as hydroelectric pumping, and build European partnerships around emerging technologies, from next-generation nuclear to carbon capture," Edison CEO Nicola Monti said, commenting the study.
Italy's solar projects face costs that are currently 20% higher than in France, Germany and Spain, due to power grid congestion, land availability and lengthy approval processes, the report said.
(Reporting by Francesca Landini; Editing by Valentina Za)
The report suggests that Italy may take 10 years longer than anticipated to deploy renewables and storage infrastructure, jeopardizing its carbon emission reduction targets.
By integrating hydropower storage with advanced nuclear power and carbon capture technologies, Italy could potentially add 190 billion euros to its economy by 2050.
Italy's solar projects are facing costs that are 20% higher than those in France, Germany, and Spain, primarily due to power grid congestion, land availability, and lengthy approval processes.
The study calls for streamlining permitting processes, providing investment certainty, and reducing energy costs to facilitate the green transition.
The report highlights that Italy could develop hydropower storage with an estimated potential of 13.6 gigawatts across 56 new sites, enhancing energy security and climate resilience.
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