From golden power to energy plant areas, the Transition 5.0 decree is law
With 156 'yes' and 115 'no' votes, the OK was given to the text which, in addition to regulating the tax credit, defines a rule for identifying areas suitable for renewable energy plants and introduces changes on the golden power
After its approval in the Senate, the Chamber of Deputies finally approved the Transition Decree 5.0 with 156 yes and 115 no votes. The measure, among other things, changes the golden power: the criteria for exercising the special powers officially include economic and financial security; furthermore, the financial sector will first require the opinion of the relevant European authorities. The second novelty temporally subordinates the activation of the special powers for banks and insurance companies "to the completion of the proceedings pending before the European Authorities" competent on prudential and competition aspects, i.e. the ECB and the EU Commission.
A text composed of three articles that, in addition to regulating the tax credit, defines a regulatory framework for the identification of areas suitable for renewable energy plants and introduces an amendment to the rules on golden power.
Funds for enterprises
Starting with the funds available to companies for Transition 5.0, i.e. for digital and sustainable development, there are 250 million euro coming with the decree. This is in addition to the 2.5 billion euro obtained from the Pnrr remodulation.
To these allocations must be added €1.3 billion, added in the final weeks of discussion of the Budget Law, currently earmarked for Transition 4.0: in fact, the applications not covered by Transition 5.0 would therefore use the Transition 4.0 programme, which is somewhat less appreciated by companies because it has a tax credit of up to 20% (that of 5.0 goes up to 45%).
The Golden Power
The changes on golden power in the decree that has become law, on the other hand, were put forward by the government with an amendment in response to the European Union's objections on the Unicredit-Bpm affair and which modifies the discipline contained in Article 2 of Decree-Law 21/2012. In particular, the "national economic and financial security, to the extent that the protection of the essential interests of the State is not adequately guaranteed by the existence of a specific regulation of the sector" is introduced among the criteria for exercising the special powers.
