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Policy status:Superseded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
Policy Target:Wind, Multiple RE Sources>Power, Bioenergy>Biomass for power, Geothermal, Hydropower, Solar, Ocean>Tidal
Policy Sector:Electricity
Size of Plant Targeted:Small and Large
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
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.

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This record is superseded by:Feed-in premium for renewable energy sources other than photovoltaic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