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Incentivi all?efficienza energetica nelle gare per la distribuzione gas e gli effetti sulla finanza pubblica locale: analisi e prospettive

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  • Roberto Fazioli
  • Donato Lenza

Abstract

The goal of "Certificati Bianchi" (i.e. energy efficiency certificates - TEE) is to stimulate the investment to enhance efficiency in energy consumption in Italy. In this paper, we provide a thorough description and constructive criticism of the system. More in details, we carefully characterize (i) the annual obligations pertaining to the natural gas distribution companies for the acquisition of TEEs, (ii) the procedure to accomplish them and (iii) the role of the institutional players (such as, for example, the Ministero dello Sviluppo Economico and the ARERA) in the process. Then, we address the theme of the additional TEEs that a company bidding in competitive public tenders for natural gas distribution services can offer to Municipalities in "Minimum Territorial Area" (ATEM) and, in particular, we stress the implications of such offer for the financial plan of the bidder. Finally, we discuss some issues with the design of the system, and a possible way forward to address them.

Suggested Citation

  • Roberto Fazioli & Donato Lenza, 2018. "Incentivi all?efficienza energetica nelle gare per la distribuzione gas e gli effetti sulla finanza pubblica locale: analisi e prospettive," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2018(1), pages 87-122.
  • Handle: RePEc:fan:epepep:v:html10.3280/ep2018-001004
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    References listed on IDEAS

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    1. Kenneth Gillingham & Karen Palmer, 2014. "Bridging the Energy Efficiency Gap: Policy Insights from Economic Theory and Empirical Evidence," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 8(1), pages 18-38, January.
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    More about this item

    JEL classification:

    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities

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