Comparative economic analysis of support policies for solar PV in the most representative EU countries

L. Dusonchet and E. Telaretti

Renewable and Sustainable Energy Reviews, 2015, vol. 42, issue C, 986-998

Abstract: The purpose of this paper is to study the positions of some European Union (EU) countries on the development of PV systems. After a review of the main support policies for PV systems in Europe, the specific situations of five representative countries (France, Germany, Greece, Italy and the U.K.) are examined, with the purpose of describing the main differences in their implementation of support policies adopted for PV systems. In particular, comparisons based on economic indexes such as the net present value (NPV) and the internal rate of return (IRR) are carried out for different sized PV systems, showing that in some situations support policies can be inconvenient for the PV system owner. The paper also shows that the best profitability for a PV system owner is obtained in those countries in which there is an active electricity compensation scheme.

Keywords: PV systems; Comparative analysis; Feed-in-tariffs; Net-metering; EU (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (103)

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DOI: 10.1016/j.rser.2014.10.054

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