After the (g)old rush
Submitted by ISPI on Wed, 08/04/2015 - 09:20by Carlo Durante - With around 50GW of installed renewable energy capacity, Italy is one of the core RES (Renewable Energy Sources) countries across the EU with Germany and Spain, now followed closely by the UK and France. In Italy RES went through boom and bust in the past decade, mainly due to the “green bubble” cycle, which attracted new investors. The current situation shows a slower investment pace than in the past due to: a) lower incentives, electricity prices, financial leverage; b) a fragmented asset base; c) disappointed investors due to uncertain and lower than expected returns.