Focus Incentives and Funds

12.09.2011

Italy is the world leader in PV, Grid parity will be reached in 2013

Thanks to Energy Bill incentives of the managed by the GSE (Energy Services Manager), Italy exceeded 10,000 MW of photovoltaic power installed throughout the country, with over 270,000 plants.

Among the Italian regions concerned by this phenomenon Puglia region maintains the primacy, with increased installed capacity, then Lombardia region with greatest number of plants in operation, followed by Veneto.
Only in 2011 6,500 MW were put into operation and it is believed that by the end of the year the total capacity could reach 12,000 MW with a total of 350,000 plants.

Italy is therefore placed first in the world ranking for power come into operation in 2011 winning on Germany, the country´s leading PV market worldwide, by installing three times the power achieved in Germany.
According to the EPIA (European Photovoltaic Industrial Association), Italy will be the first European country to achieve "grid parity" that will generate electricity from a photovoltaic system at the same cost of using traditional energy sources. 

The association made a comparison between the major economies of the continent on the basis of two parameters of "grid parity" : "Dynamic Grid Parity" which represents the time when long-term revenue of a PV system cost is equal to generation from a traditional system, and the "Value Generation Competitiveness" the point at which adding to the portfolio of an entrepreneur a ground photovoltaic system has the same attractiveness of a not renewable source plant.

Unlike other major European powers, according to the EPIA Italy is destined to achieve these objectives before the others and, in particular, "dinamic grid parity" in 2013 and "Competitiveness value generation" in 2014 because of  high radiation and high electricity costs.