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White Certificates

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White Certificates, also known as “Energy Efficiency Titles” (EET) were introduced by Ministerial Decree of 24 April 2001 to promote the implementation of energy efficiency measures in end-use sectors to meet national energy savings targets for obligated parties. TEE are tradable securities that certify energy savings achieved in energy end-use through the implementation of specific interventions to increase energy efficiency. Each certificate represents a saving equivalent to one tonne of oil equivalent (toe). The White Certificates (WC) mechanism has been gradually modified over the years, in line with legislative developments. In the 2006-2023 period, additional primary energy savings equal to approximately 29.3 Mtoe were certified and 58.5 million energy efficiency certificates were recognised.