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Clifford Chance

Clifford Chance


The Fourth Conto Energia

31 May 2011

Italy has recently approved, with Ministerial Decree 5 May 2011, the new incentives that will be applicable to photovoltaic plants entering into operations after 1 June 2011. The DM was published in the Italian Official Gazette No. 109 of 12 May 2011, and sets out the tariffs available under, and the
terms and conditions to be admitted to, the new incentive system: the Fourth Conto Energia.
This briefing discusses the criteria for admission to the Fourth Conto Energia, the new registration requirement applicable to large plants, and the caps that will apply to the incentives for the
first years of the incentive system.

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