6533b828fe1ef96bd1288f66
RESEARCH PRODUCT
The new course of FITs mechanism for PV systems in Italy: novelties, strong points and criticalities
Gaetano ZizzoSalvatore Favuzzasubject
DecreeGovernmentEngineeringPayback periodPresent valuebusiness.industryPhotovoltaic systemInternal rate of returnSettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaIncentiveEconomyRenewable Energy Resources PV systems Feed-in Tariffs PBP NPV IRR.Feed-in tariffbusinessIndustrial organizationdescription
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.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2011-11-03 |