Effective August 27, 2012, the revised Italian feed-in tariff programme Conto Energia V has made the registration of all PV systems compulsory. EuPD Research claims this will induce an artificial limitation to the market as well as incur a supplementary cost of €3/kWh.
Industry pundits have calculated that the newly introduced sum of €700 million will not even suffice for the systems already registered during this transitional phase.
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All other systems are expected to register and will only then be entitled to funding. Funding has been officially divided into several areas: the first register includes €140 million available for six months, until February 26, 2012. The second register consists of €120 million for the following six months. All other sections are then released in installments of €80 million until the entire sum set aside has been paid out.
The new regulations have set down stricter registration obligations. Exceptions have been made for systems up to 50kW when a roof has been completely decontaminated of asbestos, systems up to 12kW and systems between 12 and 20 kW if these relinquish 20% of their remuneration. Public sector systems as well as innovative technologies that do not surpass funding of €50 million have also been excluded.
EuPD Research states: “The coming weeks will show whether or not the Conto Energia “coffers” really empty before the official start or if the government’s intentions actually bear fruit.”
