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Liberalisation of Italy's Energy Markets
CWC Publishing, Jan 2002
The Liberalisation of Italy’s Energy Marketsprovides a comprehensive analysis of one of Italy’s most rapidly changing sectors.The report’s executive summary and energy profile, provides an overview of Italy’s energy sector as well as evaluating each sector, including Oil (both upstream and downstream), Natural Gas, Electricity industries, and the Coal Sector. The report then examines the liberalisation of the gas sector assessing the background to the European gas directive, its contents, as well as its direct and indirect effect on the Italian gas sector. The European electricity directive has had a similarly significant impact and this is covered at length, reporting the directives objectives, content as well as the issues it raises for the Italian energy sector. There is also an in-depth analysis of the Italian electricity proposals and the latest developments on the electricity import infrastructure. To a large degree the impact of the liberalisation directives will be dictated by the role of the energy regulator. The report therefore provides a complete overview of the structure of the EGA, its principle functions, examines how will it operate, its primary actions and its likely outlook. The Italian energy landscape is dominated by ENI, Edison and Enel. Each firm has a chapter dedicated to profiling their activities.This includes a complete overview of each of their businesses and activities both in Italy, Europe and overseas, including financial results and capacity. There is also an assessment of how the recent changes in the energy sector are likely to shape their short, medium and long-term strategies.The final chapter of the report examines the the effect of the new government, at challenges to the reforms and the likely success and failures in the liberalisation process that will eventually shape the Italian energy sector landscape. Special attention is devoted to the implications of the recently passed devolution law and its prospective impact on foreign investment. Audience: This Report is essential source of information for: Firms involved in the transmission, storage or provision of gas or electricity to EuropeInternational and domestic law firmsCorporate and project finance specialistsSupport services sector (engineering, construction, suppliers)International energy tradersEnergy consultants
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