Is Italy’s Power Sector Facing a Risorgimento?

The Italian power sector faces six main issues:
1.high electricity prices
2.slow pace of market reform
3.insufficient investment in capacity
4.dependence on imports
5.a lack of domestic nuclear power
6.until recently a lack of a comprehensive energy policy

Italian consumers today, pay amongst the highest electricity prices in Europe reports Italy’s AEEG (Anti-trust Authority for Electricity and Gas). This is due, in part, to the high usage of natural gas and weak competition in the market. There are several reasons for this situation including the dominance of natural gas as a fuel supply, the slow pace in fully implementing market reforms under previous Italian governments, the lack of domestic nuclear power and insufficient domestic investment in generating and distribution capacity. All these factors have led to making Italy one of the world’s largest importers of electricity. Consequently, it is not surprising that at least 5 million Italians endure fuel poverty, notes EPEE (European Partnership in Energy and the Environment).

http://www.oxfordprospect.co.uk/Italian-Power-Review.html

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