Short-term perspective for Italy have relaxed, although tensions on energy market are still possible given the fragile equilibrium on gas market: intensified competitive dynamics between Europe and Asia could drive electricity prices.
In the short-term market outlook in Italy remains uncertain, depending on the fragile equilibrium on gas market, affecting electricity market stability. Solar capacity installation is expected to guide the transition during the twenties.
Combination of gas market temporary relaxation with subdued power demand is the key determinant for the electricity prices easing expected for 2023-2024. RES gain share rapidly as the 2022 momentum is expected to enhance over the coming years.