Italian Renewable Assets–What You Need to Know
SkySpecs’ Financial Asset Management Newsletter, Volume 1
Italy is viewed as an attractive market for renewables based on the recently announced National Resilience and Recover Plan (NRRP). Due to the conflict in Ukraine, Italy is looking at its energy security and expects to become independent of Russian gas by Q2 2024. Italy is aiming to diversify its gas supplies in the medium term (2023-2024) and accelerate the development of renewable energy.
In this issue, Robert Coen, Senior Portfolio Manager in the Financial Asset Management team, shares a piece he has written about managing renewable energy projects in Italy following the government’s introduction of the National Resilience and Recovery Plan. Robert also discusses the economic landscape of Italy, including country’s corporate income tax rules.
Megan Brennan, Senior Portfolio Manager in the Financial Asset Management team, has also written an article on Financial Accounting for Battery Energy Storage System (BESS). In it, she discusses the revenue stack for battery storage projects and how the Financial Asset Management team at SkySpecs can support clients with cash-flow optimisation.
In this volume, you will learn about the following, and much more:
- Energy storage and it’s booming market in Italy
- Imposta municipale unica (IMU) is the principal property tax in Italy
- Various types of revenue Stack
- Energy market revenues
- And more…
