IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v13y2009i9p2710-2715.html
   My bibliography  Save this article

Residential plants investment appraisal subsequent to the new supporting photovoltaic economic mechanism in Italy

Author

Listed:
  • Focacci, Antonio

Abstract

Solar energy is a fascinating promise for the future of world economies considering both the progressive depletion of natural fossil fuels and the environmental impact of their massive utilisation in energy conversion systems. After an outlook of more evident techno-economic, environmental and social issues related to photovoltaic (PV) sector, the paper proposes a financial appraisal of a real case concerning a private residential PV building-integrated plant in order to highlight its economic feasibility according to last supporting mechanism introduced by recent Italian legislation.

Suggested Citation

  • Focacci, Antonio, 2009. "Residential plants investment appraisal subsequent to the new supporting photovoltaic economic mechanism in Italy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(9), pages 2710-2715, December.
    • Handle: RePEc:eee:rensus:v:13:y:2009:i:9:p:2710-2715
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1364-0321(09)00085-9
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    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. Islam, Mazharul & Fartaj, Amir & Ting, David S. -K., 2004. "Current utilization and future prospects of emerging renewable energy applications in Canada," Renewable and Sustainable Energy Reviews, Elsevier, vol. 8(6), pages 493-519, December.
    2. Alawaji, Saleh H., 2001. "Evaluation of solar energy research and its applications in Saudi Arabia -- 20 years of experience," Renewable and Sustainable Energy Reviews, Elsevier, vol. 5(1), pages 59-77, March.
    3. Pearce, Joshua M., 2008. "Industrial symbiosis of very large-scale photovoltaic manufacturing," Renewable Energy, Elsevier, vol. 33(5), pages 1101-1108.
    4. Iniyan, S & Suganthi, L & Samuel, Anand A, 2001. "A survey of social acceptance in using renewable energy sources for the new millennium," Renewable Energy, Elsevier, vol. 24(3), pages 657-661.
    5. Oliver, M. & Jackson, T., 2001. "Energy and economic evaluation of building-integrated photovoltaics," Energy, Elsevier, vol. 26(4), pages 431-439.
    6. Duke, Richard & Williams, Robert & Payne, Adam, 2005. "Accelerating residential PV expansion: demand analysis for competitive electricity markets," Energy Policy, Elsevier, vol. 33(15), pages 1912-1929, October.
    7. Parker, Paul, 2008. "Residential solar photovoltaic market stimulation: Japanese and Australian lessons for Canada," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(7), pages 1944-1958, September.
    8. Mills, Andrew & Wiser, Ryan & Barbose, Galen & Golove, William, 2008. "The impact of retail rate structures on the economics of commercial photovoltaic systems in California," Energy Policy, Elsevier, vol. 36(9), pages 3266-3277, September.
    9. Gagnon, Luc, 2008. "Civilisation and energy payback," Energy Policy, Elsevier, vol. 36(9), pages 3317-3322, September.
    10. Rowlands, Ian H., 2005. "Envisaging feed-in tariffs for solar photovoltaic electricity: European lessons for Canada," Renewable and Sustainable Energy Reviews, Elsevier, vol. 9(1), pages 51-68, February.
    11. Antonio Focacci, 2007. "Empirical analysis of the relationship between total consumption‐GDP ratio and per capita income for different metals," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 34(9), pages 612-636, August.
    12. Focacci, Antonio, 2005. "Empirical analysis of the environmental and energy policies in some developing countries using widely employed macroeconomic indicators: the cases of Brazil, China and India," Energy Policy, Elsevier, vol. 33(4), pages 543-554, March.
    13. Dagoumas, A.S. & Papagiannis, G.K. & Dokopoulos, P.S., 2006. "An economic assessment of the Kyoto Protocol application," Energy Policy, Elsevier, vol. 34(1), pages 26-39, January.
    14. Green, M. A., 2000. "Photovoltaics: technology overview," Energy Policy, Elsevier, vol. 28(14), pages 989-998, November.
    15. Seng, Lim Yun & Lalchand, G. & Sow Lin, Gladys Mak, 2008. "Economical, environmental and technical analysis of building integrated photovoltaic systems in Malaysia," Energy Policy, Elsevier, vol. 36(6), pages 2130-2142, June.
    16. Ji, Jie & Liu, Keliang & Chow, Tin-tai & Pei, Gang & He, Wei & He, Hanfeng, 2008. "Performance analysis of a photovoltaic heat pump," Applied Energy, Elsevier, vol. 85(8), pages 680-693, August.
    17. Evans, M., 2003. "Emissions trading in transition economies: the link between international and domestic policy," Energy Policy, Elsevier, vol. 31(9), pages 879-886, July.
    18. Talavera, D.L. & Nofuentes, G. & Aguilera, J. & Fuentes, M., 2007. "Tables for the estimation of the internal rate of return of photovoltaic grid-connected systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 11(3), pages 447-466, April.
    19. Antonio Focacci & Paola Bortot, 2005. "The status and the actions to implement the Kyoto Protocol in Italy: problems and perspectives," International Journal of Global Energy Issues, Inderscience Enterprises Ltd, vol. 23(4), pages 337-353.
    20. Egmond, C. & Jonkers, R. & Kok, G., 2005. "A strategy to encourage housing associations to invest in energy conservation," Energy Policy, Elsevier, vol. 33(18), pages 2374-2384, December.
    21. Menz, Fredric C., 2005. "Green electricity policies in the United States: case study," Energy Policy, Elsevier, vol. 33(18), pages 2398-2410, December.
    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. Al Khafaf, Nameer & Rezaei, Ahmad Asgharian & Moradi Amani, Ali & Jalili, Mahdi & McGrath, Brendan & Meegahapola, Lasantha & Vahidnia, Arash, 2022. "Impact of battery storage on residential energy consumption: An Australian case study based on smart meter data," Renewable Energy, Elsevier, vol. 182(C), pages 390-400.
    2. Spertino, Filippo & Di Leo, Paolo & Cocina, Valeria, 2013. "Economic analysis of investment in the rooftop photovoltaic systems: A long-term research in the two main markets," Renewable and Sustainable Energy Reviews, Elsevier, vol. 28(C), pages 531-540.
    3. Gu, Minan & Liu, Yongsheng & Yang, Jingjing & Peng, Lin & Zhao, Chunjiang & Yang, Zhenglong & Yang, Jinhuan & Fang, Wengjian & Fang, Jin & Zhao, Zhenjie, 2012. "Estimation of environmental effect of PVNB installed along a metro line in China," Renewable Energy, Elsevier, vol. 45(C), pages 237-244.
    4. Heras-Saizarbitoria, Iñaki & Cilleruelo, Ernesto & Zamanillo, Ibon, 2011. "Public acceptance of renewables and the media: an analysis of the Spanish PV solar experience," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(9), pages 4685-4696.
    5. Stevanović, Sanja & Pucar, Mila, 2012. "Investment appraisal of a small, grid-connected photovoltaic plant under the Serbian feed-in tariff framework," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(3), pages 1673-1682.
    6. 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.
    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. Wu, Jingwen & Qi, Yiyun & Guan, Xinyi & Wu, Xiaomin & Li, Hui, 2024. "Farmers’ attitudes and adoption preferences toward household solar photovoltaics: A survey from Guangdong Province in China," Renewable Energy, Elsevier, vol. 225(C).
    9. 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.

    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. Ridao, Ángel Ramos & García, Ernesto Hontoria & Escobar, Begoña Moreno & Toro, Montserrat Zamorano, 2007. "Solar energy in Andalusia (Spain): present state and prospects for the future," Renewable and Sustainable Energy Reviews, Elsevier, vol. 11(1), pages 148-161, January.
    2. van der Mensbrugghe, Dominique, 2009. "Back to the Future: Dynamic Baselines in CGE Modeling," Conference papers 331825, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    3. De Miguel, Carlos & Ludena, Carlos & Schuschny, Andres, 2009. "Climate Change and Reduction of CO2 Emissions: the role of Developing Countries in Carbon Trade Markets," Conference papers 331823, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    4. Ayoub, Nasser & Yuji, Naka, 2012. "Governmental intervention approaches to promote renewable energies—Special emphasis on Japanese feed-in tariff," Energy Policy, Elsevier, vol. 43(C), pages 191-201.
    5. Oliva H., Sebastian, 2017. "Residential energy efficiency and distributed generation - Natural partners or competition?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 76(C), pages 932-940.
    6. Ng, Poh Khai & Mithraratne, Nalanie, 2014. "Lifetime performance of semi-transparent building-integrated photovoltaic (BIPV) glazing systems in the tropics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 31(C), pages 736-745.
    7. Cédric Clastres & T.T. Ha Pham & F. Wurtz & S. Bacha, 2010. "Optimal household energy management and participation in ancillary services with PV production," Post-Print halshs-00323576, HAL.
    8. Clastres, C. & Ha Pham, T.T. & Wurtz, F. & Bacha, S., 2010. "Ancillary services and optimal household energy management with photovoltaic production," Energy, Elsevier, vol. 35(1), pages 55-64.
    9. del Rio, Pablo & Gual, Miguel A., 2007. "An integrated assessment of the feed-in tariff system in Spain," Energy Policy, Elsevier, vol. 35(2), pages 994-1012, February.
    10. Parker, Paul, 2008. "Residential solar photovoltaic market stimulation: Japanese and Australian lessons for Canada," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(7), pages 1944-1958, September.
    11. Abbas, Sajid & Yuan, Yanping & Zhou, Jinzhi & Hassan, Atazaz & Yu, Min & Yasheng, Ji, 2022. "Experimental and analytical analysis of the impact of different base plate materials and design parameters on the performance of the photovoltaic/thermal system," Renewable Energy, Elsevier, vol. 187(C), pages 522-536.
    12. Song, Zhiying & Ji, Jie & Cai, Jingyong & Zhao, Bin & Li, Zhaomeng, 2021. "Investigation on a direct-expansion solar-assisted heat pump with a novel hybrid compound parabolic concentrator/photovoltaic/fin evaporator," Applied Energy, Elsevier, vol. 299(C).
    13. Mort Webster & Karen Fisher-Vanden & David Popp & Nidhi Santen, 2017. "Should We Give Up after Solyndra? Optimal Technology R&D Portfolios under Uncertainty," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(S1), pages 123-151.
    14. Sener, Can & Fthenakis, Vasilis, 2014. "Energy policy and financing options to achieve solar energy grid penetration targets: Accounting for external costs," Renewable and Sustainable Energy Reviews, Elsevier, vol. 32(C), pages 854-868.
    15. Briguglio, Marie & Formosa, Glenn, 2017. "When households go solar: Determinants of uptake of a Photovoltaic Scheme and policy insights," Energy Policy, Elsevier, vol. 108(C), pages 154-162.
    16. Jiang, Kai & Yan, Xiaohe & Liu, Nian & Wang, Peng, 2022. "Energy trade-offs in coupled ICM and electricity market under dynamic carbon emission intensity," Energy, Elsevier, vol. 260(C).
    17. Alyami, Saleh. H. & Rezgui, Yacine & Kwan, Alan, 2013. "Developing sustainable building assessment scheme for Saudi Arabia: Delphi consultation approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 27(C), pages 43-54.
    18. Milad Zeraatpisheh & Reza Arababadi & Mohsen Saffari Pour, 2018. "Economic Analysis for Residential Solar PV Systems Based on Different Demand Charge Tariffs," Energies, MDPI, vol. 11(12), pages 1-19, November.
    19. Iacobescu, Flavius & Badescu, Viorel, 2012. "The potential of the local administration as driving force for the implementation of the National PV systems Strategy in Romania," Renewable Energy, Elsevier, vol. 38(1), pages 117-125.
    20. Haghi, Ehsan & Raahemifar, Kaamran & Fowler, Michael, 2018. "Investigating the effect of renewable energy incentives and hydrogen storage on advantages of stakeholders in a microgrid," Energy Policy, Elsevier, vol. 113(C), pages 206-222.

    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:rensus:v:13:y:2009:i:9:p:2710-2715. 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.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description .

    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.