Innovations in financing that drive cost parity for long-term electricity sustainability: An assessment of Italy, Europe's fastest growing solar photovoltaic market

Abstract

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Economics of pooling small local electricity prosumers—LCOE & self-consumption

“…Hence LCOE of individual technologies is an important indicator to assess cost parity, however it has to be contextualized in order to be meaningful [16,17,19,24,25,29,30,33,42,44,[64][65][66][67][68][69][70][71][72][73][74][75][76].…”

A Break-Even Analysis and Impact Analysis of Residential Solar Photovoltaic Systems Considering State Solar Incentives

“…Third, other studies conducted the economic analysis of the solar PV system outside of the U.S., especially in EU, by considering solar incentives (Ameli, Kammen 2014;Antonelli, Desideri 2014;Frondel et al 2010;Hass et al 2011;Laleman, Albrecht 2014). Ameli and Kammen (2014) developed a financing tool based on a pollution abatement methodology in order to examine options to bridge the cost gap between solar PV and other energy generation technologies in Italy.…”

“…Ameli and Kammen (2014) developed a financing tool based on a pollution abatement methodology in order to examine options to bridge the cost gap between solar PV and other energy generation technologies in Italy. The results showed that well-designed Property Assessed Clean Energy (PACE) loan program, as an alternative to subsidy programs (i.e.…”

Post Feed-in Scheme Photovoltaic System Feasibility Evaluation in Italy: Sicilian Case Studies

“…It allows cost comparisons, in current monetary units, of a kWh of electricity generated by PV systems with other sources of electricity [16]. Therefore, LCOE is calculated by dividing the cumulative PV system costs by the energy produced over its lifetime, as shown in the following equation [80]:…”

“…However, the present Italian regulatory framework allows PV systems to take advantage of net metering, facilitating energy self-consumption. In this context, it is essential to assess whether unsubsidized electricity production from PV plants remains economically convenient, in order to provide a real measure of the competitiveness of photovoltaic technologies [16].…”