The Ministry of Energy prepared a Draft legislation for offshore wind concessions. It envisaged that the state will decide by June 2025 on the offshore perimeters which will be offered to investors interested in developing wind farms under 30-year concession contracts, with a one-off option for a 10-year extension.
The first offshore wind concession contracts are expected to be signed by the end of 2025. The state can provide state aid for offshore wind farms with a capacity of up to 3 GW during the development and exploitation period. However, the state aid scheme, most likely under the form of contracts for difference (CfD), will be enacted by a separate document and will be enforced only if the commissioning of the offshore wind farm takes place within 8 years after the signing of the concession contracts.
The amount of the royalties, calculated as a share of revenues, will be decided until the end of June 2025. Also, the holders of the concession contracts will pay the state budget a tax for the exploitation of wind resources, which will also be approved by 30 June 2025.
