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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

04 Dec 25
Italy: RWE successful with four wind and solar projects in Italian renewables auction
Contract for difference awarded to four projects with a combined capacity of 68 megawatts across Italy: Serra Giannina wind farm in Basilicata, Ponte Valentino 1 & 2 solar plants in Campania, Carcitella Agri-PV plant in Sicily.
03 Dec 25
Italy: Plenitude signs agreement with ACEA for the acquisition of ACEA Energia
Plenitude, a company controlled by Eni, and ACEA have signed a binding agreement regarding the acquisition by Plenitude of a 100% equity stake in ACEA Energia, a company fully owned by the ACEA Group that operates in the energy retail market. The transaction also includes a 50% share in the capital of Umbria Energy.
03 Dec 25
Italy: Zelestra secures 60 MW of new solar capacity in Italy’s FER X auction
Zelestra, a global, multi-technology and customer-focused renewable energy company, participated in Italy’s FER X auction with eight projects and successfully secured the entire pipeline, adding approximately 60 MW of new solar capacity.
20 Nov 25
Italy: Fugro completes surveys for Italy’s Rimini offshore wind farm development
Fugro has completed geophysical and archaeological surveys for Energia Wind 2020 to support the development of the Rimini offshore wind farm. As one of Italy’s first fixed-bottom offshore wind initiatives, the 330 MW project represents a major step forward in the country’s energy transition.
20 Nov 25
Italy: Zenith Energy announces update re construction and financing of ready-to-build Solar Energy Projects
Zenith Energy, the listed international energy production and development company, has initiated a tender exercise for the construction of a portfolio of solar energy assets in the Puglia region of Italy, with a total installed capacity of 7 MWp.

Italy - more news

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