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Effects of the Italian financial crisis on the photovoltaic dissemination in a southern city

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  • Orioli, Aldo
  • Di Gangi, Alessandra

Abstract

The aim of this paper is to estimate how the profitability of grid-connected PV (photovoltaic) systems may vary month by month due to the changes in all parameters involved in the economic evaluation (discount rate, PV electricity selling price, inflation rate, price of PV devices etc.). The effects of these variations were investigated for a district of a city in the South Italy (Palermo). The results of the analysis provided the trend of the actual coverage of the district power demand from June 2010 to August 2012. In particular the load match index, which considers the daily energy demand covered by PV systems, ranged from almost 30% to less than 12%, which is less than the value of 17% of the final energy consumption in 2020 from renewable energy sources that Italy is obliged to ensure by the European Union Directive 2009/28/EC.

Suggested Citation

  • Orioli, Aldo & Di Gangi, Alessandra, 2013. "Effects of the Italian financial crisis on the photovoltaic dissemination in a southern city," Energy, Elsevier, vol. 62(C), pages 173-184.
  • Handle: RePEc:eee:energy:v:62:y:2013:i:c:p:173-184
    DOI: 10.1016/j.energy.2013.09.043
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    1. Orioli, Aldo & Di Gangi, Alessandra, 2017. "Six-years-long effects of the Italian policies for photovoltaics on the pay-back period of grid-connected PV systems installed in urban contexts," Energy, Elsevier, vol. 122(C), pages 458-470.
    2. Orioli, Aldo & Di Gangi, Alessandra, 2016. "Five-years-long effects of the Italian policies for photovoltaics on the energy demand coverage of grid-connected PV systems installed in urban contexts," Energy, Elsevier, vol. 113(C), pages 444-460.
    3. Oliver O. Apeh & Edson L. Meyer & Ochuko K. Overen, 2022. "Contributions of Solar Photovoltaic Systems to Environmental and Socioeconomic Aspects of National Development—A Review," Energies, MDPI, vol. 15(16), pages 1-28, August.
    4. Mágui Lage & Rui Castro, 2022. "A Practical Review of the Public Policies Used to Promote the Implementation of PV Technology in Smart Grids: The Case of Portugal," Energies, MDPI, vol. 15(10), pages 1-20, May.
    5. Aldo Orioli & Vincenzo Franzitta & Alessandra Di Gangi & Ferdinando Foresta, 2016. "The Recent Change in the Italian Policies for Photovoltaics: Effects on the Energy Demand Coverage of Grid-Connected PV Systems Installed in Urban Contexts," Energies, MDPI, vol. 9(11), pages 1-31, November.
    6. Orioli, Aldo & Di Gangi, Alessandra, 2015. "The recent change in the Italian policies for photovoltaics: Effects on the payback period and levelized cost of electricity of grid-connected photovoltaic systems installed in urban contexts," Energy, Elsevier, vol. 93(P2), pages 1989-2005.
    7. Federica Cucchiella & Idiano D’Adamo & Massimo Gastaldi, 2017. "Economic Analysis of a Photovoltaic System: A Resource for Residential Households," Energies, MDPI, vol. 10(6), pages 1-15, June.
    8. Dusonchet, L. & Telaretti, E., 2015. "Comparative economic analysis of support policies for solar PV in the most representative EU countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 986-998.

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