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White Certificates

white certificates, GSE, energy efficiency, TEE

The white certificates scheme

White certificates, also known as “Energy Efficiency Certificates” (EEC), are tradable instruments giving proof of the achievement of end-use energy savings through energy efficiency improvement initiatives and projects.
The white certificates scheme was introduced into the Italian legislation by the Ministerial Decrees of 20 July 2004, as subsequently amended and supplemented. Under the scheme, electricity and natural-gas distributors are required to achieve yearly quantitative primary-energy saving targets, expressed in Tonnes of Oil Equivalent (TOE) saved.
Each certificate is worth one tonne of oil equivalent (toe) saved.
 
Electricity and gas distributors may fulfil their obligation by implementing energy efficiency projects entitling to white certificates or by buying white certificates from other parties in the Energy Efficiency Certificates Market that is organised by GME
 
High-Efficiency Cogeneration (HEC) units may access the white certificates scheme under the terms, conditions and procedures established by the Ministerial Decree of 5 September 2011.
 
 
The Decree of 28 December 2012
 
The applicable legislative/regulatory framework was recently changed by the Decree of 28 Dec. 2012. The decree sets national quantitative energy-saving targets - incremental over time - for electricity and gas distributors for the years from 2013 to 2016. The decree also introduces new parties eligible to submit projects with a view to obtaining white certificates.
 
Parties eligible to submit projects for accruing white certificates are: i) electricity and gas distributors with more than 50,000 final customers (“obliged parties”) and their controlled companies; ii) non-obliged distributors; iii) companies operating in the sector of energy services (ESCOs); and iv) companies or organisations having an energy manager or an ISO 50001-certified energy management system in place. 
 
 
GSE’s role
 
The Decree of 28 Dec. 2012 provides that the activities of management, evaluation and certification of the savings associated with energy efficiency projects under the white certificates schemes shall be transferred from AEEG to GSE as of 3 Feb. 2013.

This page was last updated on 13/03/2013