Italy’s Renewable Energy Incentives Need Overhaul, Conti Says

Lock
This article is for subscribers only.

Italy should reform government incentives for renewable energy because the current system is too costly, Enel SpA Chief Executive Officer Fulvio Conti said.

A proposed government decree to use auctions to award permits for renewable plants bigger than 5 megawatts, goes in the right direction, Conti said at a conference in Milan today. He said the current system has produced requests that exceed demand.