06 Dec '12, 3pm

Italy Abandons RPS, Adopts System of Feed-in Tariffs

Italy Abandons RPS, Adopts System of Feed-in Tariffs

While the trade press has focused on revisions to the solar tariffs, the abandonment of Italy's Renewable Portfolio Standard in favor of feed-in tariffs may be far more significant for what it says about the future of such policies in Europe. Italy had previously relied on feed-in tariffs for solar photovoltaics (solar PV) and the European version of Renewable Portfolio Standards (RPS) and their Tradable Green Certificates (Certificati Verdi ) for other renewable technologies. While most European countries use feed-in tariffs in one form or another, Italy, had relied on a quota model, the RPS, to develop their large-scale renewable energy resources, mostly wind. By the end of 2011, Italy had installed a total of 6,700 MW of wind capacity. In theory, RPS programs are expected to deliver renewables at lower cost than other policies. However, in practice this hasn't been the ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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