Project appraisal for small and medium size wind energy installation: The Italian wind energy policy effects

M. Fera, R. Iannone, R. Macchiaroli, S. Miranda and M.M. Schiraldi

Energy Policy, 2014, vol. 74, issue C, 621-631

Abstract: In the last few years, the distributed energy production from small wind turbines (i.e.<200kWp) has developed into a relevant business opportunity for different investors in Italy. The market, especially in Italy, has rapidly grown, achieving 9MWp only in 2011, with an increase from 1.5MW in 2009 to 13.3MW at the end of 2011. This paper reports the results of a case study on the installation of several small wind turbines. It aims to provide an analysis of the conditions in Italy that make it possible to install these machines and offer a reliable reference for designing, planning, and controlling small wind turbine projects while focusing on the strategic variables of time, cost, and quality used by typical enterprises in the investment projects. The results are relevant to investors as well as engineering, procurement, and construction companies involved in this new sector, which must understand Italy’s renewable energy policy and its effects in practice. Moreover, certain national energy policy conclusions are reported and discussed in this paper. To properly study the sector, the data on time, cost and quality are analysed using typical project management tools.

Keywords: Italian small wind energy investments; Project management; Risk management; Renewable energy in Italy (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:74:y:2014:i:c:p:621-631

DOI: 10.1016/j.enpol.2014.07.012

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