GS Utilities Daily

This report highlights new renewable energy subsidies in Italy, utility-scale battery projects in Chile, and the ongoing structural growth in power demand driven by European datacenters.

Key Takeaways

• 1.The European Commission has approved a €23 bn Italian state aid scheme for renewable electricity generation, targeting c.37 GW of capacity.
• 2.Acciona Energia is developing a 196 MW/980 MWh battery energy storage system (BESS) in Chile's Atacama Desert.
• 3.European datacenter power demand is showing strong growth, with connection requests reaching 280 GW, a 65% increase over nine months.

Table of Contents

• Research you can't miss from past two weeks
• EU approves Italy's €23 bn renewables aid scheme
• Acciona Energia to build c.980 MWh BESS in Chile
• UK: Crown Estate to retender 1.5 GW Morgan lease
• German Offshore Wind Association supports exemption from dynamic grid fees
• German companies against introduction of green gas quota in new heating law
• Other news
• Events to watch this week
• Research you need to read