While waiting for a solution to the Price Cap issue, the renewable energy sector, especially photovoltaic, is always the one to suffer.

Veronica Pitea, president of Aceper (Association of Renewable Energy Consumers and Producers), which represents 10,000 small and medium-sized solar enterprises, explains that the renewable energy sector is being treated like an ATM by the Italian government. Every time the state needs to adjust something in the end-of-year budget, it intervenes with measures that penalize alternative energy producers.

An example is Vimet in Chieti, a company that produces plastic packaging materials and has installed solar panels on its roof. In July, it produced about 90,000 kWh and consumed about 86,000 kWh from the grid. For the energy purchased, it had to pay 69,600 euros, while for the energy produced, it received only 4,000 euros.

Today, thousands of companies are struggling with the windfall tax and rising energy costs. According to Aceper, bureaucracy and taxation are at risk of becoming insurmountable obstacles for companies in the sector and those that want to invest, or have already invested, in the renewable energy industry.

Source: Rete 4 – News bulletin TG4 dated 23/11/2022