Extraordinary Contribution on windfall profits due by the enterprises operating in the energy and oil and gas sectors: criticalities and possible remedies

According to article 37 of the Law Decree no. 21/2022 an extraordinary contribution is due by enterprises which (i) engage in the production or resale of electricity, natural gas or natural gas extraction; (ii) engage in the production, distribution and trade of petroleum products; (iii) permanently import electricity, natural gas or methane gas, petroleum products or bring such goods into the territory of the State from other States of the European Union.

Extraordinary Contribution on “Windfall profits”: updated framework after the clarifications published by the Italian Revenue Agency and critical areas

Article 37 of the Law Decree no. 21/2022 (“Taglia-prezzi Decree” introduced an Extraordinary Contribution, in the form of a solidarity levy, due by the enterprises operating in the energy and oil&gas sectors that realized windfall profits upon the increase of the energy prices and tariffs that affected the energy sector (hereinafter the “Extraordinary Contribution”).

The energy transition also runs through public authorities: let’s take stock of the situation

The energy efficiency potential, also given the growing need to determine alternatives to gas supply, is at the core of the national public debate and represents one of the pillars of the National Recovery and Resilience Plan (PNRR) in the broader perspective of the ecological transition goals imposed at both European and national level.

Recovery and Resilience Plan – Ministry of the Ecological Transition published calls for tenders for funding of green hydrogen production

On March 23, 2022, the Ministry of the Ecological Transition (“MET”), published a call for tender concerning project proposals relating to research and development activities, to be financed within the Recovery and Resilience Plan (“RRP”), in hydrogen matters (the “Tender”).

GSE announces the next eighth procedure for Registers and Auctions provided for by the RES1 Decree pursuant to Legislative Decree No. 199/2021

Legislative Decree No. 199/2021 concerning the "Implementation of Directive 2018/2001/EU of the European Parliament and of the Council of 11 December 2018 on the promotion of the use of energy from renewable sources" (the "Decree"), as mentioned in our previous Newsletter, has envisaged new incentive mechanisms, for the regulation and identification of the relevant tariffs it will be necessary to attend subsequent decrees of the Ministry of Energy Transition.