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The Italian Ministry of Economy and Industry has opened a public consultation on its recently approved new National Energy Strategy. The document will be open for discussion for a month.
The proposed energy strategy confirms the Government’s intentions to stop PV subsidies completely when the Conto Energia V programme hits its cap. Currently, just €242 million out of the €6.7 billion budget allocated to the incentive programme remains.
Despite the withdrawal of incentives, the government has forecast a 1GW to 2GW PV capacity growth annually under grid parity conditions. Compared with previous years, the growth is significantly lower than the 6GW of new installed PV capacity in 2010 and 5.7GW in 2011.