AGP Executive Report
Last update: 3 hours agoRenewables Push in Southern Italy: GreenGo secured authorisation for its 12 MW “La Motta” wind farm in Foggia, with a 72.12 €/MWh incentive tariff for 20 years, adding to a 300 MW pipeline across Apulia and other high-wind areas. Grid Flexibility Needs: A new analysis puts Italy’s energy storage requirement in a wide range, from Terna’s cautious ~42 GWh by 2030 to a base case around 104 GWh by 2030 and ~134 GWh by 2035, arguing batteries are key not just for reserves but for absorbing renewables and cutting gas use. EU Carbon Rules Update: The EU Council adopted a strengthened CBAM position ahead of talks with the European Parliament, expanding coverage beyond raw materials to selected downstream products (including iron/steel and aluminium) from 1 January 2026. Italy–South Korea Tech & Energy Ties: In Rome, Meloni and President Lee Jae-myung elevated relations to a “special strategic” partnership, signing MoUs spanning semiconductors, AI, space, automotive and energy, plus cooperation projects in Africa. Data Centers and Power Demand: A report on hyperscaler infrastructure highlights continued investment momentum despite local pushback, with power providers and global operators positioning for new data center builds, including land acquisitions in Milan.
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