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What are Green Certificates?

Introdotti con il Decreto Bersani allo scopo di incentivare la produzione di energia da fonti RE, green certificates are negotiable, transferable, which can be accumulated and sold when it sees fit. Each green certificate corresponds to a certain amount of carbon dioxide emissions, if a plant produces energy by emitting less carbon dioxide than would a plant powered by fossil fuels, the operator gets green certificates that can sell, the stock exchange operated by the GSE to other activities which by themselves fail to comply with the law that requires them to produce a proportion of energy (2% per year) by renewable sources. The GSE annually sets the price of green certificates, which in 2010 amounted to 112.82 € / MWh VAT.