The Decreto FER-X is now in its final stages, introducing new support measures for electricity production from renewable sources. More specifically, the draft decree for the transitional FER-X scheme has recently been approved, establishing a support mechanism for well-established technologies, including photovoltaics.

Key Provisions of the FER-X Decree

For plants with a capacity of less than 1 MW: Direct access to the support mechanism, benefiting from an operating price to be defined by ARERA.

For plants with a capacity of 1 MW or more: Access to the mechanism will be available through competitive bidding procedures, within the limits of the available power quotas.

GSE Payment Mechanism

Upon the commissioning date, the GSE (Gestore dei Servizi Energetici) will regulate payments for a 20-year period as follows:

For plants under 200 kW: GSE will directly purchase and sell the generated electricity, providing a comprehensive tariff based on the awarded price for net energy fed into the grid.

For plants of 200 kW or more: The electricity remains under the producer’s ownership, who will sell it on the market. GSE will calculate the difference between the awarded price and the higher value between zero and the Day-Ahead Market (MGP) price in the relevant market area:

• If the difference is positive, GSE will pay the producer the corresponding amount for the net energy injected into the grid.
• If the difference is negative, GSE will request a reimbursement of the amount.

A Unique Opportunity for Renewable Energy Investments

The FER-X Decree represents a once-in-a-lifetime opportunity for those who have been waiting for the right moment to invest in renewable energy but were previously deterred by regulatory and economic uncertainties.