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Italy

Italy

Italy assigns feed in tariff to 400MW

ITALY: A feed-in tariff (Fit) has been assigned to 400MW in authorised onshore Italian wind projects in the country's second competitive tender, with winning bidders offering discounts ranging from 9.5-19% of a base auction price.

State energy management agency GSE, which ran the auction process, said roughly another 600MW of projects lost out in the auction.

Numerous other projects were not admitted because they did not meet auction criteria. This differs from the first tender earlier this year, when all bidders were admitted to the auction and received a Fit, some with a discount of just 2.5%.

For wind projects coming online in 2014, the base auction price stands at EUR124.46/MWh, meaning that Fit awardees able to complete projects next year will receive a tariff between EUR100.19/MWh and EUR112.64/MWh.

Another 52.5MW in small-scale wind projects were assigned a Fit outside of the auction process, with the largest of these coming in at 1MW.

There were no bidders for an offshore tariff, although the incentive price was potentially available for up to 620MW in offshore projects.

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