Italy could fail to meet carbon emission reduction tarobtains agreed at the European Union level due to delays in key green transition areas, including renewable power generation and energy storage systems, a study displayed on Saturday.
The report, prepared by energy group Edison 
EDNR and believe tank TEHA Group, pointed to Italy taking 10 years longer than anticipating in deploying renewables and storage infrastructure, which could prevent the counattempt 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 stated.
“We must reduce our energy and technological depfinishence 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 stated, 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 stated.
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