Italy has sent its revised energy and climate plan to Brussels indicating it will need to invest more and step up efforts to meet a European Union 2030 target for lower carbon emissions.
The document prepared by the energy ministry and seen by Reuters said that the country's coal-fired power plants will be shut by 2025, except in Sardinia.
The government will hold talks with the European Commission aimed at reaching a binding version of the plan by June 2024.
Below are the key 2030 targets indicated by Italy in the document submitted to Brussels:
REDUCTION IN CO2 EMISSIONS
*** In the ESR sectors - transport, housing, agriculture, waste, services and the energy-light industries - Italy expects to cut emissions by 35-37% versus 43.7% required by the European Union.
*** In the ETS sectors - power and energy-intensive industry - Italy expects to cut emissions by 62%, in line with the EU goal.
ENERGY EFFICIENCY
*** Final energy consumption: 100 million tonnes of oil equivalent (MTOE) versus 94.4 MTOE required by the EU.
RENEWABLE ENERGY SOURCES
*** Italy sees renewables covering 40% of total energy consumption (30% in previous plan presented in 2020).
*** Italy sees renewables covering 65% of electricity production(55% in 2020 plan).
*** Heating and air conditioning from renewable sources: 37% (34% in previous plan).
*** Energy from renewable sources in the transport sector: 31% (17% in previous plan).
*** Hydrogen produced without carbon emissions: 42% (0% in previous targets). In total Italy expects to produce 250 kton of hydrogen, equal to a capacity of 3 gigawatt (GW) of electrolyser.
RENEWABLE CAPACITY TO BE INSTALLED BY 2030
*** Solar: 79.921 megawatt (MW) (from 22.594 MW in 2021).
*** Wind: 28.140 MW (11.290 MW in 2021), of which 2.100 offshore (0 in 2021)
*** Hydroelectric: 19.172 MW (19.172 MW in 2021).
