6533b862fe1ef96bd12c6f26
RESEARCH PRODUCT
Leading the way toward fuel parity in photovoltaics: The utility-scale market in Sicily, Italy
Fabio ViolaFrancesco PauliRosario MiceliGiorgio SulligoiA. Massi PavanV. Di DioVanni Lughisubject
Fuel parity; photovoltaics; LCOE; Sicily; Italy incentives.Italy incentives.incentives020209 energy02 engineering and technologySettore ING-IND/32 - Convertitori Macchine E Azionamenti ElettriciGrid parityFuel parityphotovoltaicPhotovoltaics0202 electrical engineering electronic engineering information engineeringCost of electricity by sourceSicilyIndustrial organizationLCOEEnd userbusiness.industryPhotovoltaic systemSubsidyGridincentivephotovoltaicsSettore ING-IND/31 - ElettrotecnicaIncentiveItalybusinessdescription
The global photovoltaic (PV) market has been growing exponentially since almost twenty years. This huge demand for photovoltaic systems has been mainly driven by public subsidies in the form of a variet y of national incentive schemes. However, in Countries where successful incentive schemes have been pioneered and are now – as planned - being brought to an end, the PV market is called to the challenge of surviving without any incentive to the end user. Grid and fuel-parity represent the keystone of this emerging new phase in the history of this renewable energy technology. In this paper we present a sensitivity analysis showing that in Sicily, Italy, the Levelized Cost of Energy from utility-scale PV plants is already competitive – if not even cheaper - with that from conventional power plants.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2016-06-01 |