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The New Course of FITs Mechanism for PV Systems in Italy: Novelties, Strong Points and Criticalities

descriptionPublicationkeyboard_double_arrow_right Conference object , Other literature type 03 Nov 2011 Italy Publisher:Linköping University Electronic PressJournal:Linköping Electronic Conference Proceedings, volume 57, pages 2,666-2,673 (issn: 1650-3686,

Authors: FAVUZZA, Salvatore; ZIZZO, Gaetano;

doi: 10.3384/ecp110572666

handle: 10447/60511

The New Course of FITs Mechanism for PV Systems in Italy: Novelties, Strong Points and Criticalities

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Abstract

The paper deals with the new course of the Feed-in Tariffs mechanism for photovoltaic systems that will start from January 1, 2011 in Italy with the actuation of the Government Decree DM 06/08/2010. After a short introduction on Feed-in Tariffs and Net-metering in Italy, the paper focuses the attention on an economical comparison between the incentives established by the Government Decree DM 19/02/07, ended on December 31, 2010 and those introduced by the DM 06/08/2010. The economical comparison is based on three indexes: the Pay Back Period, the Net Present Value and the Internal Rate of Return, characterizing the investments done for the realization of the photovoltaic systems. In particular, simulations show how the new Decree significantly penalizes the architectural integration, that represents a strongly criticism of the new incentive policy.

Country

Italy

Related Organizations

University of Palermo
Italy

Keywords

Renewable Energy Resources, PV systems, Feed-in Tariffs, PBP, NPV, IRR.

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