Electricity Sector In Italy
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Electricity Sector In Italy
Italy's total electricity consumption was 302.75 terawatt-hour (TWh) in 2020, of which 270.55 TWh (89.3%) was produced domestically and the remaining 10.7% was imported. Italy has a high share of electricity in the total final energy consumption. The share of primary energy dedicated to electricity production is above 35%, and grew steadily since the 1970s. In 2020, 38.1% of the national electric energy consumption came from renewable sources (in 2008 this value was 16.6%), covering 20.4% of the total energy consumption of the country (7.5% in 2005). Solar energy production alone accounted for almost 8.1% of the total electric production in the country in 2019. Wind power, hydroelectricity, and geothermal power are also important sources of electricity in the country. Italy abandoned nuclear power following the 1987 referendum in the wake of the 1986 Chernobyl disaster, and nuclear power in Italy has never been greater than a few percent of total power generation. Overview ...
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Terna (Italian Company)
Terna S.p.A. is a transmission system operator (TSO) based in Rome, Italy. It operates through ''Terna Rete Italia'', that manages the Italian transmission grid and ''Terna Plus'' which is in charge of new business opportunities and non-traditional activities in Brazil, Uruguay, Peru and Chile (2021). With of power lines or around 98% of the Italian high-voltage power transmission grid, Terna is the sixth largest electricity transmission grid operator in the world based on the size of its electrical grid. Terna is listed on the Borsa Italiana and is a constituent of the FTSE MIB index. History On 31 May 1999, Terna was established within the Enel Group, by way of implementation of Italian Legislative Decree No. 79/99 which within the context of the process for the deregulation of the Italian electricity sector, sanctioned the separation between ownership and management of the national transmission grid. On 23 June 2004, following the Prime Minister's Decree issued on 11 Ma ...
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Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ...
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Renewable Energy In The European Union
Renewable energy plays an important and growing role in the energy system of the European Union. The Europe 2020 strategy included a target of reaching 20% of gross final energy consumption from renewable sources by 2020, and at least 32% by 2030.Share of renewables in energy consumption in the EU reached 18% in 2018
News Release, 23 January 2020.
The EU27 reached 22% in 2020, up from 9.6% in 2004. These figures are based on energy use in all its forms across all three main sectors, the heating and cooling sector, the electricity sector, and the transport sector. The main sou ...
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a ''sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to ac ...
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Wind Power
Wind power or wind energy is mostly the use of wind turbines to generate electricity. Wind power is a popular, sustainable, renewable energy source that has a much smaller impact on the environment than burning fossil fuels. Historically, wind power has been used in sails, windmills and windpumps but today it is mostly used to generate electricity. Wind farms consist of many individual wind turbines, which are connected to the electric power transmission network. New onshore (on-land) wind farms are cheaper than new coal or gas plants, but expansion of wind power is being hindered by fossil fuel subsidies. Onshore wind farms have a greater visual impact on the landscape than some other power stations. Small onshore wind farms can feed some energy into the grid or provide power to isolated off-grid locations. Offshore wind farms deliver more energy per installed capacity with less fluctuations and have less visual impact. Although there is less offshore wind power ...
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Geothermal Electricity
Geothermal power is electrical power generated from geothermal energy. Technologies in use include dry steam power stations, flash steam power stations and binary cycle power stations. Geothermal electricity generation is currently used in 26 countries,Geothermal Energy AssociationGeothermal Energy: International Market Update May 2010, p. 4-6. while geothermal heating is in use in 70 countries. As of 2019, worldwide geothermal power capacity amounts to 15.4 gigawatts (GW), of which 23.9 percent or 3.68 GW are installed in the United States. International markets grew at an average annual rate of 5 percent over the three years to 2015, and global geothermal power capacity is expected to reach 14.5–17.6 GW by 2020. Based on current geologic knowledge and technology the Geothermal Energy Association (GEA) publicly discloses, the GEA estimates that only 6.9 percent of total global potential has been tapped so far, while the IPCC reported geothermal power potential to be in ...
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Solar Energy
Solar energy is radiant light and heat from the Sun that is harnessed using a range of technologies such as solar power to generate electricity, solar thermal energy (including solar water heating), and solar architecture. It is an essential source of renewable energy, and its technologies are broadly characterized as either passive solar or active solar depending on how they capture and distribute solar energy or convert it into solar power. Active solar techniques include the use of photovoltaic systems, concentrated solar power, and solar water heating to harness the energy. Passive solar techniques include orienting a building to the Sun, selecting materials with favorable thermal mass or light-dispersing properties, and designing spaces that naturally circulate air. The large magnitude of solar energy available makes it a highly appealing source of electricity. In 2020 solar energy has been the cheapest source of Electricity. In Saudi Arabia a power purchase agre ...
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Waterpower
Hydropower (from el, ὕδωρ, "water"), also known as water power, is the use of falling or fast-running water to produce electricity or to power machines. This is achieved by converting the gravitational potential or kinetic energy of a water source to produce power. Hydropower is a method of sustainable energy production. Hydropower is now used principally for hydroelectric power generation, and is also applied as one half of an energy storage system known as pumped-storage hydroelectricity. Hydropower is an attractive alternative to fossil fuels as it does not directly produce carbon dioxide or other atmospheric pollutants and it provides a relatively consistent source of power. Nonetheless, it has economic, sociological, and environmental downsides and requires a sufficiently energetic source of water, such as a river or elevated lake. International institutions such as the World Bank view hydropower as a low-carbon means for economic development. Since ancient times, ...
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Windpower
Wind power or wind energy is mostly the use of wind turbines to generate electricity. Wind power is a popular, sustainable, renewable energy source that has a much smaller impact on the environment than burning fossil fuels. Historically, wind power has been used in sails, windmills and windpumps but today it is mostly used to generate electricity. Wind farms consist of many individual wind turbines, which are connected to the electric power transmission network. New onshore (on-land) wind farms are cheaper than new coal or gas plants, but expansion of wind power is being hindered by fossil fuel subsidies. Onshore wind farms have a greater visual impact on the landscape than some other power stations. Small onshore wind farms can feed some energy into the grid or provide power to isolated off-grid locations. Offshore wind farms deliver more energy per installed capacity with less fluctuations and have less visual impact. Although there is less offshore wind power at prese ...
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Biomass
Biomass is plant-based material used as a fuel for heat or electricity production. It can be in the form of wood, wood residues, energy crops, agricultural residues, and waste from industry, farms, and households. Some people use the terms biomass and biofuel interchangeably, while others consider biofuel to be a ''liquid'' or ''gaseous'' fuel used for transportation, as defined by government authorities in the US and EU. The European Union's Joint Research Centre defines solid biofuel as raw or processed organic matter of biological origin used for energy, such as firewood, wood chips, and wood pellets. In 2019, biomass was used to produce 57 EJ ( exajoules) of energy, compared to 190 EJ from crude oil, 168 EJ from coal, 144 EJ from natural gas, 30 EJ from nuclear, 15 EJ from hydro and 13 EJ from wind, solar and geothermal combined. Approximately 86% of modern bioenergy is used for heating applications, with 9% used for transport and 5% for electricity. Most of the glob ...
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Renewable Energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy sources are sustainable, some are not. For example, some biomass sources are considered unsustainable at current rates of exploitation. Renewable energy often provides energy for electricity generation to a grid, air and water heating/ cooling, and stand-alone power systems. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. Renewable energy is often deployed together with further electrification, which has several benefits: electricity can move heat or objects efficiently, and is clean at the point of consumption. In addition, electrification with renewable energy is more efficient and therefo ...
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Nuclear Power
Nuclear power is the use of nuclear reactions to produce electricity. Nuclear power can be obtained from nuclear fission, nuclear decay and nuclear fusion reactions. Presently, the vast majority of electricity from nuclear power is produced by nuclear ''fission'' of uranium and plutonium in nuclear power plants. Nuclear ''decay'' processes are used in niche applications such as radioisotope thermoelectric generators in some space probes such as ''Voyager 2''. Generating electricity from ''fusion'' power remains the focus of international research. Most nuclear power plants use thermal reactors with enriched uranium in a once-through fuel cycle. Fuel is removed when the percentage of neutron absorbing atoms becomes so large that a chain reaction can no longer be sustained, typically three years. It is then cooled for several years in on-site spent fuel pools before being transferred to long term storage. The spent fuel, though low in volume, is high-level radioactive wa ...
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