The European Commission has approved a €5.7bn Italian scheme to support the production and self-consumption of renewable electricity. The scheme, approved under EU State aid rules, supports the construction of small-sized (up to 1 MW) renewable power generation installations, as well as the expansion of existing ones.
The scheme is composed of two aid measures: a premium tariff on the quantity of electricity consumed by self-consumers and renewable energy communities paid over a 20-year period (total budget of €3.5bn) and an investment grant of up to 40% of eligible costs financed through the RRF (total budget of €2.2bn).
The scheme will be partly funded by the Recovery and Resilience Facility (RRF), following the Commission's positive assessment of Italy's Recovery and Resilience Plan and its adoption by the Council. The part of the scheme financed by the RRF will run until 31 December 2025, while the remaining part of the scheme will run until 31 December 2027.
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