In consistency with the provisions set forth under Articles 6 and 7 of the Legislative Decree No. 199 of 8 November 2021 on the promotion of the use of energy from renewable sources (the “Legislative Decree 199/2021”),the Ministry of the Environment and Energy Security (the “MASE”) is currently interacting with the EU Commission with the aim of introducing new support schemes for the production of electricity from renewable sources and specifically from photovoltaic, wind, hydroelectric and residual gas from purification processes power plants.
Reference is made to the so-called FER X Decree, which first draft has been circulated a few weeks ago by the MASE, and that aims to introduce new National incentives for the promotion of renewable sources with significant innovations compared to the previous support schemes enacted by the Italian legislator including the Ministerial Decree of 4 July 2019 (so called, DM FER 1).
In this context, the purpose of this Newsletter is to provide a concise and schematic summary of the essential features related to such incentive mechanism together with some preliminary comments on its potential impacts over the Italian renewable market.