Che un Fiasco! The Italian FIT Situation

摘要

Aside from the fact that the Gestore dei Servizi Energetici (GSE) is not quite sure how much solar was installed in Italy in 2010, if the number is in fact 6 GW as claimed (4 GW of which is supposedly awaiting grid interconnection), the Italian government will ultimately have to pay for 6 GW worth of FITs at the 2010 rate, one of the more generous that is available in Europe. There were more than 50,000 applications, and if the government pays the 2010 incentives for the entire 4 GW in applications pending grid connection, that would mean an approximately $60 billion incentive burden. According to Vishal Shah of Barclays Capital, this figure is "higher than the German or Spanish subsidy burdens."