GS Utilities Daily Italy enacts FerX scheme with c.37 GW RES quotas Siemens Energy to supply power generation and gas com...

Equity Research 11 August 2026 | 8:50AM CEST

GS Utilities Daily: Italy enacts FerX scheme with c.37 GW RES quotas // Siemens Energy to supply power generation and gas compression in

Alberto Gandolfi | Goldman Sachs Bank Europe SE - Milan branch

Ajay Patel | Goldman Sachs International

Mafalda Pombeiro | Goldman Sachs International

Dhwani Khenwar | Goldman Sachs India SPL

Lawrence Lavizani | Goldman Sachs International

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Italy enacts definitive FerX scheme with c.37 GW renewable quotas

Backed by €23 bn in state aid, the scheme supports up to 37 GW of new renewable capacity through December 2030. Quotas are divided into 16.5 GW for onshore wind, 10 GW for solar PV, 0.63 GW for hydropower, and 0.02 GW for sewage gas. Projects above 1 MW will compete for 20-year two-way Contracts for Difference (CfDs), with reference strike prices set at €80/MWh for solar PV and €85/MWh for wind. Source: pvmagazine, RenewablesNow

Siemens Energy to supply power generation and gas compression in Brazil for Petrobras offshore platforms

Siemens Energy has been selected to supply power generation and gas compression systems for Petrobras. The equipment will be installed on the floating production, storage and offloading vessels in the Sergipe-Alagoas basin, offshore Brazil. In total, Siemens Energy will supply 16 main modular systems (skids), eight for each platform, which combine the necessary equipment for power generation and gas compression solutions. For each FPSO, this package includes four gas turbine generators to supply electricity, three gas turbine-driven compressor trains for gas processing and export, and one electrically driven compressor for gas injection into the reservoir. The first solution package will be delivered to SBM Offshore by the end of 2027, with final deliveries scheduled throughout 2028. Source: Press Release

Other news Germany: Bnetza has started the consultation on the final draft determination on the reform of the electricity network tariff system. The final framework is due to be issued by the end of the year with a more specific breakdown in 2027. The consultation closes on September 18. (Press Release)

Norway announced measures to halve development times for expansion of renewables and electricity grid, including two-year deadline for processing applications, fewer impact assessment requirements, and the removal of state administrators’ right to object. (Renews)

EU approved €84 mn Danish state aid scheme for manufacturing of clean technologies and their key components. The aid will be available until December 2026, providing direct grants to companies investing in additional production capacity for “net-zero technologies”. (Renewables Now)