IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v62y2013icp173-184.html
   My bibliography  Save this article

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

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544213007949
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.energy.2013.09.043?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Papadopoulos, A.M. & Karteris, M.M., 2009. "An assessment of the Greek incentives scheme for photovoltaics," Energy Policy, Elsevier, vol. 37(5), pages 1945-1952, May.
    2. Poullikkas, Andreas, 2009. "Parametric cost-benefit analysis for the installation of photovoltaic parks in the island of Cyprus," Energy Policy, Elsevier, vol. 37(9), pages 3673-3680, September.
    3. Celik, Ali Naci, 2006. "Present status of photovoltaic energy in Turkey and life cycle techno-economic analysis of a grid-connected photovoltaic-house," Renewable and Sustainable Energy Reviews, Elsevier, vol. 10(4), pages 370-387, August.
    4. Mavromatakis, F. & Makrides, G. & Georghiou, G. & Pothrakis, A. & Franghiadakis, Y. & Drakakis, E. & Koudoumas, E., 2010. "Modeling the photovoltaic potential of a site," Renewable Energy, Elsevier, vol. 35(7), pages 1387-1390.
    5. Stritih, U. & Zupan, G. & Butala, V., 2007. "Review of green electricity production in Slovenia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 11(9), pages 2201-2208, December.
    6. Sivaraman, Deepak & Horne, Ralph E., 2011. "Regulatory potential for increasing small scale grid connected photovoltaic (PV) deployment in Australia," Energy Policy, Elsevier, vol. 39(2), pages 586-595, February.
    7. Myers, Kevin S. & Klein, Sanford A. & Reindl, Douglas T., 2010. "Assessment of high penetration of solar photovoltaics in Wisconsin," Energy Policy, Elsevier, vol. 38(11), pages 7338-7345, November.
    8. Celik, Ali Naci & Muneer, Tariq & Clarke, Peter, 2009. "A review of installed solar photovoltaic and thermal collector capacities in relation to solar potential for the EU-15," Renewable Energy, Elsevier, vol. 34(3), pages 849-856.
    9. Vardimon, Ran, 2011. "Assessment of the potential for distributed photovoltaic electricity production in Israel," Renewable Energy, Elsevier, vol. 36(2), pages 591-594.
    10. Cellura, M. & Di Gangi, A. & Longo, S. & Orioli, A., 2012. "Photovoltaic electricity scenario analysis in urban contests: An Italian case study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(4), pages 2041-2052.
    11. Danchev, Svetoslav & Maniatis, George & Tsakanikas, Aggelos, 2010. "Returns on investment in electricity producing photovoltaic systems under de-escalating feed-in tariffs: The case of Greece," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(1), pages 500-505, January.
    12. Ordóñez, J. & Jadraque, E. & Alegre, J. & Martínez, G., 2010. "Analysis of the photovoltaic solar energy capacity of residential rooftops in Andalusia (Spain)," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(7), pages 2122-2130, September.
    13. Kelleher, J. & Ringwood, J.V., 2009. "A computational tool for evaluating the economics of solar and wind microgeneration of electricity," Energy, Elsevier, vol. 34(4), pages 401-409.
    14. Rigter, Jasper & Vidican, Georgeta, 2010. "Cost and optimal feed-in tariff for small scale photovoltaic systems in China," Energy Policy, Elsevier, vol. 38(11), pages 6989-7000, November.
    15. Dusonchet, Luigi & Telaretti, Enrico, 2010. "Economic analysis of different supporting policies for the production of electrical energy by solar photovoltaics in eastern European Union countries," Energy Policy, Elsevier, vol. 38(8), pages 4011-4020, August.
    16. van der Zwaan, Bob & Rabl, Ari, 2004. "The learning potential of photovoltaics: implications for energy policy," Energy Policy, Elsevier, vol. 32(13), pages 1545-1554, September.
    17. Li, Zhe & Boyle, Fergal & Reynolds, Anthony, 2011. "Domestic application of solar PV systems in Ireland: The reality of their economic viability," Energy, Elsevier, vol. 36(10), pages 5865-5876.
    18. Dusonchet, Luigi & Telaretti, Enrico, 2010. "Economic analysis of different supporting policies for the production of electrical energy by solar photovoltaics in western European Union countries," Energy Policy, Elsevier, vol. 38(7), pages 3297-3308, July.
    19. Al-Badi, A.H. & Albadi, M.H. & Al-Lawati, A.M. & Malik, A.S., 2011. "Economic perspective of PV electricity in Oman," Energy, Elsevier, vol. 36(1), pages 226-232.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    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. 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.
    3. 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.
    4. 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.
    5. 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.
    6. 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.
    7. 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.
    8. 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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Orioli, Aldo & Di Gangi, Alessandra, 2014. "Review of the energy and economic parameters involved in the effectiveness of grid-connected PV systems installed in multi-storey buildings," Applied Energy, Elsevier, vol. 113(C), pages 955-969.
    2. 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.
    3. 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.
    4. 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.
    5. Cellura, M. & Di Gangi, A. & Longo, S. & Orioli, A., 2012. "Photovoltaic electricity scenario analysis in urban contests: An Italian case study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(4), pages 2041-2052.
    6. Sommerfeldt, Nelson & Madani, Hatef, 2017. "Revisiting the techno-economic analysis process for building-mounted, grid-connected solar photovoltaic systems: Part one – Review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 74(C), pages 1379-1393.
    7. 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.
    8. Antonelli, Marco & Desideri, Umberto, 2014. "The doping effect of Italian feed-in tariffs on the PV market," Energy Policy, Elsevier, vol. 67(C), pages 583-594.
    9. Martin, Nigel J. & Rice, John L., 2017. "Examining the use of concept analysis and mapping software for renewable energy feed-in tariff design," Renewable Energy, Elsevier, vol. 113(C), pages 211-220.
    10. 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.
    11. Martin, Nigel & Rice, John, 2013. "The solar photovoltaic feed-in tariff scheme in New South Wales, Australia," Energy Policy, Elsevier, vol. 61(C), pages 697-706.
    12. Ramli, Makbul A.M. & Twaha, Ssennoga, 2015. "Analysis of renewable energy feed-in tariffs in selected regions of the globe: Lessons for Saudi Arabia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 45(C), pages 649-661.
    13. Gustavo Cáceres & Shahriyar Nasirov & Huili Zhang & Gerardo Araya-Letelier, 2014. "Residential Solar PV Planning in Santiago, Chile: Incorporating the PM10 Parameter," Sustainability, MDPI, vol. 7(1), pages 1-19, December.
    14. 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.
    15. Sivaraman, Deepak & Horne, Ralph E., 2011. "Regulatory potential for increasing small scale grid connected photovoltaic (PV) deployment in Australia," Energy Policy, Elsevier, vol. 39(2), pages 586-595, February.
    16. Gobong Choi & Eunnyeong Heo & Chul-Yong Lee, 2018. "Dynamic Economic Analysis of Subsidies for New and Renewable Energy in South Korea," Sustainability, MDPI, vol. 10(6), pages 1-19, June.
    17. Rômulo de Oliveira Azevêdo & Paulo Rotela Junior & Luiz Célio Souza Rocha & Gianfranco Chicco & Giancarlo Aquila & Rogério Santana Peruchi, 2020. "Identification and Analysis of Impact Factors on the Economic Feasibility of Photovoltaic Energy Investments," Sustainability, MDPI, vol. 12(17), pages 1-40, September.
    18. Hafeznia, Hamed & Aslani, Alireza & Anwar, Sohail & Yousefjamali, Mahdis, 2017. "Analysis of the effectiveness of national renewable energy policies: A case of photovoltaic policies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 79(C), pages 669-680.
    19. Sarasa-Maestro, Carlos J. & Dufo-López, Rodolfo & Bernal-Agustín, José L., 2013. "Photovoltaic remuneration policies in the European Union," Energy Policy, Elsevier, vol. 55(C), pages 317-328.
    20. Orioli, Aldo & Di Gangi, Alessandra, 2017. "Six-years-long effects of the Italian policies for photovoltaics on the grid parity of grid-connected photovoltaic systems installed in urban contexts," Energy, Elsevier, vol. 130(C), pages 55-75.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:62:y:2013:i:c:p:173-184. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.