25 Dec '14, 1pm

Renewable Energy Review: Italy

Since 2003, global consultancy Ernst & Young has released its Country Attractiveness Indices, which ranks global renewable energy markets by analyzing investment strategies and resource availability. The indices are updated on a quarterly basis and the most recent report can be found here . Here is the firm’s assessment of Italy. Another One Bites the Dust Italy has now joined the hall of shame for European countries applying retroactive measures to renewable support regimes, much to the dismay of both foreign and domestic investors. The legislation, passed by the Italian Parliament on 7 August after drafts of the amendments were first released in late June, will apply subsidy reductions to existing solar PV projects built since 2008 and larger than 200kW, with effect from 1 January 2015. Scale of the Problem The move is intended to save €1.5 billion (US$2.0 billion) per y...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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