FER-Z: The asset-agnostic auction scheme
16 September, 2026
Italy has spent 7 years buying renewable capacity in the same way. A developer nominates a plant, bids a discount against a technology-specific reference price and collects a two-way CfD on whatever that plant produces for the next twenty years. The state decides how many GWs each technology may build and the price is decided by the market. In early 2027, a new way of bidding will be introduced through the FER-Z scheme. It will run alongside FER-X and will be built around bidding on energy profiles which are not asset-specific or capacity-dependent.
Will this flexibility lead to a higher-value technology mix while keeping new capacity protected from curtailment, or is making it energy-profile contingent just a more expensive way to fail?
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