Italy set for grid-parity as PV gathers pace, says study

PV near the Vatican: Italy is speeding to grid parity as early as 2013, says the EPIA

PV near the Vatican: Italy is speeding to grid parity as early as 2013, says the EPIA

Italy will be Europe’s trail-blazer for cost-competitive PV, with an average 100kW commercial rooftop system on track to reach dynamic grid-parity (DGP) in the country as soon as 2013, claims a new report.

The speed at which PV cost-matches conventional fossil-generated power will vary significantly across the EU, depending on factors such as the average wholesale price of electricity and the level of solar irradiance.

But rooftop-based systems are broadly on a trajectory to reach DGP by mid-decade in sunny European markets like Italy and Spain, and across the continent by 2019, according to a new report from the European Photovoltaic Industry Association (EPIA).

DGP is defined as the moment at which long-term revenues from a PV system (without a feed-in tariff) are equal to the Log in to read complete article.

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