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Overview of public incentives for producing electricity from renewable energy sources

Overview

Eversheds has produced this overview of public incentives for producing electricity from renewable energy sources in Italy.

In Italy, the production of electricity from renewable energy sources is supported
by public incentives. In much the same way as the UK, generators of electricity
from renewable sources are paid a higher price to offset the costs of setting up or
implementing renewable energy-sourced electricity generators. Suppliers will pass the cost back to customers.

The first incentive is provided by so-called green certificates ('certificati verdi'). Up to 2008, green certificates were attributed, on a proportional basis, to the energy produced from renewable energies (regardless of the source of energy) for a period of 12 years.

In 2008, the system changed. Green certificates now have a duration of at least 15 years and have a unitary value of 1MWh. The number of green certificates awarded is dependant on which renewable energy source is used to generate the electricity. For example, electricity produced by wave energy will attract more green certificates than electricity from waste.

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Categories related to Renewables