From today, the FerX decree formally comes into force. The text of the provision, signed by Minister Gilberto Pichetto Fratin, was published on the website of the Ministry of Environment and Energy Security following approval by the Court of Auditors. On June 8, in fact, the European Commission decided not to raise objections to the measure, considering it compatible with the internal market. There are numerous innovations contained in the final FerX, from a maximum quota of 37.15 GW of new renewable capacity to the criteria for accessing aid.
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Scope of application
The decree aims to support the production of electricity from renewable energy plants with generation costs close to market competitiveness “through the definition of a support mechanism that promotes its effectiveness, efficiency, and sustainability” taking into account the decarbonization targets for 2030.
Photovoltaic, wind, hydroelectric plants and those treating residual gases from purification processes will be able to access the FerX support mechanism. The decree also allows aid to be received by plants located in other EU countries or in third countries bordering Italy with which the Union has free trade agreements that physically export their production to Italy.
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The decree applies until December 31, 2030 and, for plants with a power equal to or less than 1 MW, until sixty days from the date of reaching a power of 10 GW, if the result is achieved before the end of 2030.
Direct access to support
Plants with a power equal to or less than 1 MW that have started work after the entry into force of the decree, that meet the performance and environmental protection requirements necessary to comply with the Do no significant harm (Dnsh) – a principle born to combine economic growth and ecosystem protection, ensuring that investments are made without harming environmental resources – and that comply with the technical regulations on quality and safety, will be able to access the support mechanism directly.
