Renewable Energy Sources – “Ritiro Dedicato” – Minimum Granted Price

Following the newsletter sent on the 19th of February 2014 we inform you about the definitive approval – by the Senato della Repubblica (Senate of the Republic) – of the Law Decree "Destinazione Italia" n. 145, 23 December 2013 (hereinafter "Decree") and therefore, about its conversion into Law.

Differently to what hoped, Article 1 paragraph 1 and 2 of the Decree has been approved without further amendments, not considering the ones introduced by the Camera dei Deputati (Chamber of Deputies).

Therefore, recalling the conclusions previously highlighted, the regulatory framework for renewable sources is the following:

• to plants up to 1MW (and with a yearly production up to 1,5 million kWh) that do not benefit from feed-in-tariffs shall be applied the new minimum granted price as redefined by the AEEG Resolution.
• to plants greater than 1MW (and with a yearly production up to 1,5 million kWh) that do not benefit from feed-in-tariffs shall be applied the zone timetable price (as disposed by the AEEG Resolution).
• to plants that benefit from feed-in-tariffs, but with no reference to their nominal power and no reference to their source shall be applied the zone timetable price (as disposed by the Decree), with the exclusion of photovoltaic plants up to 100 kW and hydroelectric plants up to 500 kW, even if they benefit from feed-in-tariffs to which shall be applied the minimum granted price as redefined by the AEEG Resolution (following the recent amendment introduced by the Chamber of Deputies).

The Law should soon be published on the Gazzetta Ufficiale della Repubblica Italiana (Official Journal of the Italian Republic), entailing its definitive enactment.