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

Amir Goshadrou
Department of Chemical Engineering, Isfahan University of Technology, Iran

Keikhosro Karimi
Department of Chemical Engineering, Isfahan University of Technology, Iran \ School of Engineering, University of Borås, Sweden

Mohammed J. Taherzadeh
School of Engineering, University of Borås, Sweden

Toru Ichikawa
Tokyo Gas Co., Tokyo, Japan

Ryota Kuzuki
Tokyo Gas Co., Tokyo, Japan

Satoshi Yoshida
Yokohama National University, Yokohama, Japan

Satoru Sadohara
Yokohama National University, Yokohama, Japan

Arthur A. Williams
Dept. Electrical & Electronic Engineering, University of Nottingham, Nottingham, UK

Mark Gillott
Dept. Architecture & Built Environment, University of Nottingham, Nottingham, UK

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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[3] European Council; Directive 2009/28/EC April 23; 2009.

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