Europe / Caspian / CIS
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
| 21 Aug 25 |
Italy: Po Valley signs gas sales agreement with Hera Group Po Valley Energy has announced that its wholly owned subsidiary Po Valley Operations Pty Limited (PVO), along with its Selva Malvezzi JV partners, have signed a new gas sales agreement (GSA) with Hera Group; a respected energy company with operational headquarters in the Bologna area. |
| 11 Aug 25 |
Italy: Zenith Energy announces acquisition of 30 MWp Agrivoltaic development projects Zenith Energy has announced the acquisition of 5 development-stage agrivoltaic solar energy production projects located in the region of Piedmont, Italy, by its wholly-owned Italian solar energy portfolio subsidiary, WESOLAR. |
| 06 Aug 25 |
Italy: Zenith Energy announces acquisition of an Agrivoltaic development project in Lazio, Italy Zenith Energy has announce the acquisition of a development-stage Agrivoltaic solar energy production project in the region of Lazio, Italy, by its wholly-owned Italian subsidiary created to manage its solar energy portfolio, WESOLAR. |
| 29 Jul 25 |
Italy: Zenith Energy acquires Ready-to-Build solar energy project Zenith Energy has acquired a Ready-to-Build solar energy production project located in the region of Puglia in Italy, by way of its Italian subsidiary created for the purpose of managing its new solar energy portfolio, WESOLAR. |
| 29 Jul 25 |
Versalis and Acea Ambiente sign an agreement to promote advanced plastic recycling Versalis, Eni’s chemical company, and Acea Ambiente, a subsidiary of Acea operating in integrated waste management and energy recovery sectors, have entered into a Memorandum of Understanding (MoU) signed by Adriano Alfani, CEO of Versalis, and Gabriele Di Cintio, CEO of Acea Ambiente. |
Italy - more news
Other countries in this region
- Afghanistan,
- Albania,
- Armenia,
- Austria,
- Azerbaijan,
- Belarus,
- Belgium,
- Bosnia and Herzegovina,
- Bulgaria,
- Croatia,
- Cyprus,
- Czech Republic,
- Denmark,
- Estonia,
- Faroe Islands,
- Finland,
- France,
- Georgia,
- Germany,
- Greece,
- Greenland,
- Hungary,
- Iceland,
- Ireland,
- Kazakhstan,
- Kyrgyzstan,
- Latvia,
- Lithuania,
- Luxembourg,
- Malta,
- Moldova,
- Montenegro,
- Netherlands,
- Norway,
- Poland,
- Portugal,
- Romania,
- Russia,
- Serbia,
- Slovakia,
- Slovenia,
- Spain,
- Sweden,
- Switzerland,
- Tajikistan,
- Tatarstan,
- Turkey,
- Turkmenistan,
- Ukraine,
- United Kingdom,
- Uzbekistan
