Country:Italy
Year:2008 (revised 2011)
Policy status:Superseded
Jurisdiction:National
Date Effective:2008 (revised 2011)
Policy Type:Economic Instruments>Market-based instruments>Green certificates, Policy Support, Policy Support>Strategic planning
Renewable Energy Policy Targets:Wind, Multiple RE Sources, Power, Bioenergy, Biomass for power, Geothermal, Hydropower, Solar, Ocean, Tidal
Policy Sector:Electricity
Size of Plant Targeted:Small and Large
Climate Change Policy Targets:Energy Sector, Electricity Generation, Renewable, Bioenergy, Energy Sector, Electricity Generation, Renewable, Geothermal, Energy Sector, Electricity Generation, Renewable, Hydropower, Energy Sector, Electricity Generation, Renewable, Wind, Energy Sector, Electricity Generation, Renewable, Ocean
Agency:Ministry for Economic Develpment / Ministry for the Environment Land and Sea / Gestore dei Servizi Energetici
URL:http://www.gse.it/attivita/Incentivazioni%20Fonti%20Rinnovabili/Pagine/default.aspx
Legal References:Financial Law 2008 (Law No 244 24-12-2007 and Law No 222 29-11-2007), M.D. 18.12.08, Law 99/09
Funding:A3 electricity tariff component
Renewable Energy Description:

The Finance Act 2008 included new measures relating to the production of electricity from RES, in two areas: a review of the green certificates system, applying to power plants = 1MW, and the introduction of feed-in tariffs for small renewable power plants. The revisions concerning green certificates are twofold. First, the incentive period is raised to 15 years. Second, the number of certificates issued varies depending on the type of renewable source, according to a coefficient multiplicative on energy produced. These coefficients, as amended by the Law No.99/2009 are as follows: - 1 for wind plants - 1.5 for offshore wind - 0.9 for geothermal - 1.8 for tidal and wave - 1 for hydroelectric - 1.3 for Biodegradable waste and biomass - 1.8 for Biomass and biogases obtained from agriculture, animal husbandry and forestry on a short supply-line basis - 0.8 for biogas. The Legilsative Decree No.28/2011, transposing the provisions of the European Directive No.28/2009 in Italy, announced that the Green Certificate Mechanism will be replaced by a Duch Auction System as of January 1st, 2015.

Climate Change Description:

The Finance Act 2008 includes new measures relating to the production of electricity from renewable energy sources, in two areas: a review of the green certificates system, applying to power plants producing 1MW or more, and the introduction of feed-in tariffs for small plants with a capacity under 1MW. The revisions concerning green certificates are twofold. First, the incentive period is raised to 15 years. Second, the number of certificates issued varies depending on the type of renewable source, according to a coefficient multiplicative energy produced. This coefficient is: 1 for wind plants, 1.1 for offshore wind, 0.9 for geothermal, 1.8 for tidal and wave, 1 for hydroelectric, 1.8 for biomass from short chain, 1.1 for other biomass, 0.8 for biogas. Small renewable energy power plants, producing up to 1 MW, can choose feed-in tariffs (that include the selling value) differentiated by source and supported for 15 years. The feed-in tariffs are: EUR cents 20/kWh for geothermal plants, EUR cents 34/kWh for tidal and wave, EUR cents 22/kWh for hydroelectric, EUR cents 30/kWh for biomass from short chain, EUR cents 22/kWh for other biomass, EUR cents18/kWh for biogas, EUR cents 30/kWh for wind plants (up to 200 kW).

Related policies:Feed-in premium for renewable energy sources other than photovoltaic
This record is superseded by:Feed-in premium for renewable energy sources other than photovoltaic

Last modified: Mon, 12 May 2014 16:19:18 CEST