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Summary | Profile

Country profile: Italy

Location: Southern Europe, a peninsula extending into the central Mediterranean Sea, northeast of Tunisia
Climate: predominantly Mediterranean; Alpine in far north; hot, dry in south
Terrain: mostly rugged and mountainous; some plains, coastal lowlands
Size: 301230 sq. km total (Land area: 294020 sq. km  Water area: 7210 sq.km)
Population: 58,145,321 (July 2008 est.)
Languages: Italian (official), German (parts of Trentino-Alto Adige region are predominantly German speaking), French (small French-speaking minority in Valle d'Aosta region), Slovene (Slovene-speaking minority in the Trieste-Gorizia area)
Government: republic
Capital city: Rome
Legal system: based on civil law system; appeals treated as new trials; judicial review under certain conditions in Constitutional Court; has not accepted compulsory ICJ jurisdiction
Currency: euro (EUR)
Licensing:

Country profile

With limited domestic energy sources, Italy is highly dependent on imports to meet its consumption needs. In absolute terms, oil consumption has remained relatively static since 1970, but oil's share of Italy’s primary energy mix has decreased significantly, steadily replaced by natural gas. A pressing issue affecting Italy has been the country's electricity supply. Over the past decade, Italy’s installed electricity generation has not been able to keep up with demand, resulting in an increased share of electricity imports as a percent of total consumption.

Oil is the largest source of Italy’s energy consumption, representing 47 percent of primary energy consumption in 2004. Natural gas is the second-largest with 35 percent of primary energy consumption, followed by minor contributions from coal (8 percent), hydroelectricity (5 percent), and other renewables (2 percent). Unlike many other OECD countries, Italy still relies upon oil for a sizable portion of electricity generation: preliminary International Energy Agency (IEA) data for 2005 shows that Italy relied upon oil for 16 percent of its electricity generation, versus 5 percent for the OECD as a whole.

Energy production and consumption


Oil Gas
Production: 164,800 bbl/day (2005 est.) 11 billion cu m (2005 est.)
Consumption: 1 million bbl/day (2005 est.) 82 billion cu m (2005 est.)
Exports: 521,400 bbl/day (2004 est.) 379 million cu m (2005 est.)
Imports: 2 million bbl/day (2004 est.) 70 billion cu m (2005 est.)
Reserves: 621 million bbl/day (2006 est.) 217 billion cu m (1 January 2006 est.)
Major fields:



Italy - recent news

05 Apr 24
Italy: Baker Hughes to supply Snam with hydrogen-ready technology to support decarbonization and resilience of the Italian gas network
Baker Hughes, an energy technology company, has been awarded a contract to be booked in the first quarter of 2024 from Snam, Europe’s leading operator in natural gas transportation, storage and regasification, to provide three NovaLT 12 gas turbine driven compressor trains for a new gas compressor station in Sulmona, Italy.
01 Apr 24
Italy: Vestas wins 81 MW order in Italy
Italian renewables producer Edison Rinnovabili has placed a 81 MW order for the repowering of the Roio del Sangro, Monteferrante Guado, Monteferrante Casone and Montazzoli wind parks, in Abruzzo, Italy.
15 Mar 24
Italy: Emeren Group and Glennmont to develop 155 MW of Battery Storage Projects in Italy
Emeren Group, a leading global solar project developer, owner, and operator, has announced the successful co-development agreement of 155 MW (up to 1.24GWh of capacity) of Battery Storage Projects in two regions of Southern Italy with Glennmont Partners from Nuveen, one of the world’s largest fund managers investing in clean energy.
12 Mar 24
Italy: Zenith Energy provides update on its Italian energy production portfolio
Zenith Energy, the listed international energy production and development company, has announced the full completion of an acquisition in Italy, as well as providing an update on its Italian energy production portfolio.
26 Feb 24
Italy: Plenitude completes construction of Ravenna Ponticelle photovoltaic plant
Plenitude, Eni's Benefit Corporation that integrates renewable energy production, the sale of energy and energy solutions for households and companies, as well as an extensive network of electric vehicle charging points, has announced that the new Ravenna Ponticelle photovoltaic plant is now operational.

Italy - more news

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