Legislative Decree 210/21 introduced a new mechanism for the procurement of electricity storage capacity (“MACSE”), developed with the aim of integrating renewable energy sources with an efficient level of overgeneration (i.e., when electricity production exceeds demand), based on planned grid developments. This mechanism will allow the system to acquire new storage capacity through long-term procurement contracts awarded via competitive auctions organized by Terna, in which operators owning new storage systems can participate.
Bird & Bird has established a task force of professionals in the energy, regulatory and tax sectors to assist clients in assessing the applicability of the new regulations to electricity storage projects.
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