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Line a 9x13 inch baking dish with parchment paper. Generously spray parchment paper with non-stick cooking spray.
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In a small pan, heat sugar, honey, and water on medium low stirring until combined and melted.
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Once melted, increase heat to medium and cook until candy thermometer reaches 315 degrees, stirring occasionally.
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Once it hits 315 degrees, remove from heat until the temperature gauge reads 300 degrees (you can also stir it to make it reduce heat quicker).
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While sugar temperature is cooling, beat egg whites in a heavy duty stand mixer until soft peaks form.
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Once formed, add powdered sugar and beat until stick peaks form.
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While mixer is running on low, very slowly add slightly cooled sugar honey mixture.
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Once all of the sugar honey has been incorporated, increase mixer speed to medium high and beat for about ten minutes. Mixture should only be warm to touch.
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Add extract and nuts and beat to combine.
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Using a strong spatula or wooden spoon, spoon out torrone into prepared pan.
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Spray clean fingers with non-stick cooking spray and flatten to about 1 ½- 2 inches thick.
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Allow to cool for about 2 hours.
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Once cooled, run a very sharp knife under hot water, dry off, and slice torrone.
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Wrap in parchment squares and store in an airtight container for up to 2 weeks.