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FER1 Decree 2019: Incentives Regime for Renewable Energy Plants in Italy

On July 8, 2019, the Italian government signed a ministerial decree that will grant new incentives to renewable energy sources (the so-called FER1 Decree).

Six years after the expiry of the fifth Conto Energia, photovoltaic plants can once again benefit from incentives. Other sources benefiting from the scheme include onshore wind, hydroelectric and sewage gases. The scheme will apply until the end of 2021 and will provide new incentives of about €1 billion per year.

The government expects that it will allow for the construction of new plants with a total capacity of about 8,000 MW with investments estimated to be in the region of €10 billion.

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FER1 Decree 2019: Incentives Regime for Renewable Energy Plants in Italy