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.
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.”