Italy to Invest $12.5 Billion in Energy Transition and Hydrocarbon Infrastructure

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Italy,Energy Transition,Hydrocarbon Infrastructure

Italy is increasing investments in energy transition and conventional hydrocarbon infrastructure, with the Italian grid operator SNAM planning to invest $12.5 billion in its energy transition business by 2027. The investment will focus on improving the flexibility of the energy system, with funds allocated for transport, LNG infrastructure, and storage.

Italy is enhancing its overall energy security by significantly increasing investments in both energy transition and conventional hydrocarbon infrastructure. By 2027, the Italian grid operator SNAM will invest approximately $12.5 billion or 11.5 billion euros in its energy transition business, covering transport, liquefied natural gas infrastructure, and storage.

This represents a 15% increase from its previous strategic plan 2026, with a primary focus on improving the overall flexibility of its energy system. According to SNAM, EUR 7.4 billion will target transport, involving the replacement or refurbishment of 900 kilometers of pipelines, establishing connections with biomethane plants and floating storage regasification units FSRU, and constructing compressor stations. Additionally, EUR 1.4 billion will be used to expand or upgrade storage sites, and EUR 1.5 billion will be spent on LNG infrastructure. Simultaneously, the company expects to invest EUR

 

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