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MARKET FOR CERTIFICATES OF RELEASE TO CONSUMPTION OF BIOFUELS
Expiration Date: 12/04/2018
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GME Proposal
12-04-2018
With Decree of 2 March 2018, on “Promoting the use of biomethane and other advanced biofuels in the transport sector” (hereinafter: Inter-ministerial Decree of 2 March 2018), published in the Official Gazette General Series n. 65 of 19 March 2018, the Minister of Economic Development, in agreement with the Minister for the Environment and the Protection of Land and Sea and with the Minister of Agricultural, Food and Forestry Policies, amended and integrated, among other things, the previous provisions adopted with Ministerial Decree of 10 October 2014 on "Updating the conditions, criteria and methods for implementing the obligation to release biofuels for consumption, including advanced ones".
The provisions introduced by the Inter-ministerial Decree of 2 March 2018 include, for the purposes of this document, Article 11, paragraph 1, subpara. r), which integrates Article 6 of the Ministerial Decree of 10 October 2014, stipulating that "In addition to the GSE computer portal [...] CICs are also traded on the exchange venue organized by Gestore dei Mercati Energetici, as referred to in Article 5 of Legislative Decree of 16 March 1999, no. 79 (GME), according to a set of operational rules, proposed by GME and approved by Decree of the Director General of the Directorate General for Security of Supply and Energy Infrastructure (DGSAIE) of the Ministry of Economic Development".
In order to implement the aforementioned provision, GME identified a possible model for the operation of the CIC market, detailed in this Consultation Paper and submitted for public consultation in order to collect comments from the stakeholders.
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All interested parties can thereforeprovide their comments with reference to what is described in this document.
These comments must be sent in writing to GME - Governance Department, no later than the 11th of May, the closing date of this consultation, by:
- post: Gestore dei mercati energetici S.p.A.
Viale Maresciallo Pilsudski, 122 - 124
00197 – Roma
Parties wishing to safeguard the confidentiality or secrecy, in whole or in part, of the documentation submitted are required to indicate which parts of their documentation are to be considered confidential.
DCO 01/2018
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Date of pubblication:
03/04/2020
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Completed
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