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Italy working on incentives for offshore wind projects

 The Italian government is working on incentives to boost the roll-out of offshore wind facilities, Italy’s energy transition minister said on Wednesday. “Incentive mechanisms are in the programming phase”, Roberto Cingolani said, answering questions from members of parliament. Besides subsidies, Cingolani said offshore wind would also receive grants from Italy’s national Recovery Fund plan. Rome is keen to speed up the build-out of renewable energy plants to help achieve climate goals and cut its reliance on Russian gas.

Link: https://www.reuters.com/business/energy/italy-working-incentives-offshore-wind-projects-2022-05-11/

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