The Italian PV Inverter Market: Undermined Potential

The Italian PV Inverter Market: Undermined Potential

Summary

The Italian government has announced a revision of its feed in tariffs and has introduced a communal tax with retrospective effect for PV installations. In addition, prices of PV systems have fallen by an average 20% due to the recession and oversupply due to the collapse of the Spanish market. These developments are bringing underlying concerns about the uncertainty in energy policy, administrative and bureaucratic hurdles and a weak grid to the spotlight. Rather than the decremental tariff and the PV tax, market revenues are expected to be hampered more by the fall in equipment prices, uncertainty in the energy policy, administrative and bureaucratic hurdles, and to some extent by the weak grid.

Scope

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