Assessment of the minimum value of photovoltaic electricity in Italy

We investigate the value of solar photovoltaic (PV) power in the Italian wholesale electricity market (IPEX). A model is developed and applied to simulate and predict the monthly average electricity prices in peak hours, as well as to simulate scenarios without PV generation. The computed merit-order effect of the PV generation in Italy, around
2.9 €/MWh per each additional GWh of PV produc…