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- W2281037517 abstract "The European Directive 96/92, adopted in Italy with the law n. 79/99, introduces a pace toward the liberalization of the electricity sector and opens to competition part of the market long dominated in each of the member states by a single monopolistic firm. The tendency toward liberalization could have relevant effects, especially in the production of renewable electricity by national generators, but also local generators. The European Community stated that at 2010 the energy produced through the use of renewable sources must reach 12% of the whole amount of energy produced. A recent Italian law (DM 11/11/99) introduces a new incentive mechanism for renewable electricity that consists of 1) the introduction of certificates, a freely tradable bond quite similar to the known REC (Renewable Energy Certificates) already introduced in some member states (Germany, Netherlands, Ireland); 2) regional auctions between producers of renewable energy to get public funds for capital costs of new green plants. The growing change in the regulatory framework will influence in the near future the operating of the whole market, and in particular the economic, financial and commercial aspects regarding the energy production from renewable sources. The paper aims to make a short survey of the main issues at stake, from policy to economics, outlining the conditions that allow renewable electricity to find a strong path of growth." @default.
- W2281037517 created "2016-06-24" @default.
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- W2281037517 date "1970-01-01" @default.
- W2281037517 modified "2023-09-24" @default.
- W2281037517 title "Incentivate electricity from renewables : policies and markets in the context of liberalization" @default.
- W2281037517 doi "https://doi.org/10.2495/eco010671" @default.
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