Biomethane: Decree [MITE] 340/2022 makes € 1.7 billion NRRP funds available - Osborne Clarke | Osborne Clarke

2022-10-16 19:56:07 By : Mr. Jacky Wang

Climate change poses a significant challenge to our planet, our personal lives and our businesses.

Right now, there’s probably at least one area of your business facing transformative change driven by technology or digital risk.

The vast majority of businesses operate in and benefit from the urban environment.

Biomethane | Published Ministry of Ecological Transition Decree [MITE] 340/2022 that disciplines the assignment of € 1.7 billion of NRRP funds for the development of biomethane according to criteria promoting the circular economy

- all-inclusive tariff for plants with a production capacity of 250 Smc/h or less; - a premium tariff for plants with a production capacity of more than 250 Smc/h and for all production plants that feed biomethane into natural gas networks other than networks with a connection obligation.

Incentives are not cumulative with other public incentives or support schemes however denominated intended for the same projects.

The so-called companies in difficulty, applicants for which grounds for exclusion under the Public Contracts Code apply, and entities benefiting from the incentive scheme under the Ministerial Decree of 2 March 2018 are excluded from the competitive procedures.

The main requisites for access to the competitive procedures are:

Eligible expenses for the purposes of the capital grant are:

Competitive procedures are launched within the following annual capacity quotas:

In 2022, only one competitive procedure is launched. From 2023, at least two procedures per year are planned. The tender period is 60 days.   The GSE evaluates the projects and, within 90 days of the closure of each individual procedure, publishes the relative ranking of the admitted projects, highlighting the projects placed in a position allowing them to access the incentives.

Plants located in the territory of other Member States of the European Union and other non-EU States bordering Italy, with which the European Union has entered into a free trade agreement, which physically export their biomethane to Italy may benefit from the incentive scheme under the conditions and according to the modalities set out in art. 13 of the Decree.

Follow this link for a brief overview of the main measures in support of the sector in Italy.

For further information or clarification please do not hesitate to contact us.

* This article is current as of the date of its publication and does not necessarily reflect the present state of the law or relevant regulation.

BTG Legal, an Osborne Clarke relationship firm in India, has written an Insight on green bonds in India