Italy energy report

• Italy is investing massively in renewables, energy efficiency and hydrogen. It aims to reach 30% of renewables in final energy consumption in 2030.
• Enel, Eni, and Edison account for 46% of the electricity retail market, but for only 30% of power generation (2020).
• Eni still dominates gas supply (72% of production and 48% of imports in 2020).
• Italy has a solar capacity of 21 GW, which contributed to 9% of the power mix in 2020.
• Italy imports 14% of its electricity consumption and more than 90% of its oil and gas consumption.
• Electricity prices are significantly higher than the EU averages.
• In 2020, energy consumption fell by 8%, i.e., 27% below its peak level of 2005.
• Italy aims to become a European energy hub through new pipeline projects with a capacity of 27 bcm/year and a portfolio of 8 GW of power interconnexion projects.

• Institutions & Energy Policy

  In 2021, the Ministry of Ecological Transition and its Directorate General for Infrastructure and Safety of Energy and Geomineral Systems (DGISSEG) have been in charge of energy matters, replacing the Ministry of Economic Development (MISE) and its Directorate General for Security of Supply and Energy Infrastructures (DGSAIE).

• Energy Companies

  Oil:

  Eni (30.3% state-owned) is the national oil and gas utility. No single shareholder can hold more than 3% of the capital, and any grouping of shareholders is subject to the prior approval of the Treasury.

• Energy Supply

  Resources:

  Italy is relatively poor in energy resources: it has limited oil reserves (76 Mt in 2019) and gas reserves, which are falling rapidly (from 199 bcm in 2000 to less than 46 bcm in 2019). The country also has hydroelectricity (50 TWh) and geothermal resources.

• Energy Prices

  Gas:

  Gas prices are higher than the EU average (+12% for households and +6% for industry in 2019). They declined between 2013 and 2017 (by 7.9%/year for industry and -3.3%/year for households), but recovered until 2019 (+5.3%/year for industry and +4.4%/year for households). In 2020, gas prices declined by 5% for industry and by 11% for households.

• Energy Consumption

  Italy's per capita energy consumption is nearly 20% lower than the EU average (2.3 toe in 2020). Electricity consumption per capita is around 5 000 kWh (4 750 kWh in 2020), i.e. 10% below the EU average.

  Total energy consumption, which had declined slightly between 2017 and 2019 (-1.9%/year), fell by 8% to 137 Mtoe in 2020. It declined rapidly between 2005 and 2014 (by 2.6%/year).

• Issues & Prospects

  Oil:

  The SEN 2017 aims at rationalising the downstream oil sector, evolving toward bio-refineries and an increased consumption of biofuels and LNG in heavy and maritime transport. Overall, it targets a 13.5 Mtoe reduction in oil product consumption between 2015 and 2030.

  Unione Petrolifera (UP) expects the country's oil consumption to decrease by 1.1%/year over 2018-2040.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Italy energy market report graphs:

• GRAPH 1: CO₂-energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2020, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2020, %)
• GRAPH 5: Gasoline & diesel prices (€/l)
• GRAPH 6: Electricity prices for industry and households (€c/kWh)
• GRAPH 7: Gas prices for industry and households (€c/kWh GCV)
• GRAPH 8: Consumption trends by energy source (Mtoe)
• GRAPH 9: Total consumption market share by energy (2020, %)
• GRAPH 10: Final consumption market share by sector (2020, %)
• GRAPH 11: Oil consumption (Mt)
• GRAPH 12: Oil consumption breakdown by sector (2020, %)
• GRAPH 13: Electricity consumption (TWh)
• GRAPH 14: Electricity consumption breakdown by sector (2020, %)
• GRAPH 15: Natural gas consumption (bcm)
• GRAPH 16: Gas consumption breakdown by sector (2020, %)
• GRAPH 17: Coal consumption (Mt)
• GRAPH 18: Coal consumption breakdown by sector (2020, %)

In the Italy energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, gas plant projects by status and operator and LNG contracts.

The Italy country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.

Data included in the excelsheet:

• Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
• Power: Electricity generation & capacities, by technology.
• CO₂: Total CO₂ emissions.
• Macro-economy: Main macro-economic assumptions.
• Key indicators: Energy intensity, share of renewables, CO₂ emissions per capita and per unit of GDP.