Conference article

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

Salvatore Favuzza
Dipartimento di Ingegneria Elettrica, Elettronica e delle Telecomunicazioni - Università di Palermo Palermo, Italy

Gaetano Zizzo
Dipartimento di Ingegneria Elettrica, Elettronica e delle Telecomunicazioni - Università di Palermo Palermo, Italy

Download articlehttp://dx.doi.org/10.3384/ecp110572666

Published in: World Renewable Energy Congress - Sweden; 8-13 May; 2011; Linköping; Sweden

Linköping Electronic Conference Proceedings 57:50, p. 2666-2673

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Published: 2011-11-03

ISBN: 978-91-7393-070-3

ISSN: 1650-3686 (print), 1650-3740 (online)

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.

Keywords

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

References

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