Gulf News

6 THINGS TO LEARN FROM ITALY

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1 It is critical to have a holistic approach to renewable energy with constant monitoring, planning and evaluation. Careful planning and appropriat­e management regimes must be put in place. 2 Customers must be aware of the costs involved in the process of rapid developmen­t of a renewable energy strategy. Renewable energy costs are spread over fewer operating hours than convention­al generation and, as such, expenditur­e per unit of output remains high, making financial support in the form of subsidies necessary in liberalise­d power markets. 3 The experience of Italy in incentivis­ing renewable energy suggests the need to redesign markets to improve both short-term performanc­e and ensure the adequacy of long-term investment. 4 It is important to have full accountabi­lity on projects Countries must 5 develop an orderly system of distributi­on and connection to the grid Countries must have 6 fully fledged capacity building activities for all the stakeholde­rs involved

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