Has the bubble burst for Italy's renewables market?

Renewables: has the bubble burst?

Renewables

For the past 10 years, Italian legislation on renewable energy has incentivised its development by encouraging market liberalisation and the diversification of energy sources, and promoting an agenda of energy security, energy efficiency and environmental protection.

However, in March this year, in a move that shook the Italian energy sector, the Italian Republic approved legislative decree number 28 (the ‘renewables decree'), which introduced new provisions with retroactive effect and will redu