Italy Power Market Outlook To 2020- Aarkstore Enterprise

Summary

Summary

This report gives detailed information on the Italy power market and provides historical and forecast numbers for generation, capacity and consumption up to 2020. The research analyzes upcoming power projects, key import and export trends, regulatory frameworks and infrastructure for the market. This coupled with elaborate profiles of key market participants provides a comprehensive understanding of the markets competitive scenario. Italy was one of the first European countries to completely stop domestic coal production, with the last facility closing in 2001. This, along with the shutdown of the countrys nuclear plants, has resulted in Italy becoming a net importer of electricity. Consequently, electricity prices in Italy are 45% higher than the European average. The liberalization of Italys electricity market in 1999 has made the Italian electricity sector one of the most competitive sectors in Europe. As part of the liberalization, the Italian government began to privatize Enel, the state-owned power monopoly that controlled all aspects of the electricity sector. In 2000, the Italian government forced Enel to sell 27% of its generating capacity, and to that end, Enel created three new, independent companies: Elettrogen, Eurogen and Interpower. The Italian electricity sector is dominated by four major generation companies, which accounted for about 62.7% of the countrys generation capacity in 2009. The landscape of the electricity sector has been further reshaped by several mergers between majors. The cumulative installed capacity for power in Italy was estimated to be 101,187.1MW in 2009. Thermal fuel sources coal, oil and gas were the highest contributors, with a combined share of 71.7% of the total installed

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From:Aarkstore Enterprise

Contact: Neel

Email: press@aarkstore.com

URL: www.aarkstore.com

by: Aarkstore

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