Italy Power Industry Update Quarter 2 2012

  • April 2014
  • -
  • Business Monitor International
  • -
  • 69 pages

Includes 3 FREE quarterly updates

BMI View: The Italian public has said ‘no’ to nuclear, and Italy is now resigned to import dependency, the continued high-level use of costly natural gas for generation and a need to rapidly boost its use of solar and wind power. Nuclear was always a controversial and generally unpopular option but, as in the UK, the government has seen it as the easiest route to establishing a low-carbon generating portfolio. Italy now faces a major challenge in securing adequate supply if it is to avoid reliance on imported power.
Italy banned nuclear power generation following a 1987 referendum. Plans were then reintroduced to establish nuclear generating capacity that could help the country meet its emissions targets. Then, in the wake of Japan’s 2011 Fukushima accident, former Prime Minister Silvio Berlusconi was forced to accept the rejection of his nuclear power plans following another popular referendum. Italy’s political leadership is unlikely to rock the boat and can expect a challenging time in securing Italy’s energy future.
Key trends and recent developments in the Italian electricity industry include:
- In late 2011, Italy’s energy regulator announced proposals to increase the return on investment in power transmission, distribution and measurement included in the electricity tariffs over the period from 2012 to 2015 . These increases are expected to boost the revenues of the power grid operator Terna and a number of other utilities. The regulator announced plans on its website to increase returns from 6.9% to 7.2% in the next regulatory period. It also proposed raising investment reimbursement in power distribution from 7.0% to 7.4% and from 7.2% to 7.4% for investments in power meters.
- During the from 2012 to 2021 period, Italy’s overall power generation is expected to increase by an annual average of 1.36%, to reach 332 terawatt hours (TWh). Driving this growth is an annual 2.27% gain in gas-fired and a 4.93% rise in renewables-based electricity supply. Coal-fired generation is expected to fall by 2.20% per year, with the use of oil-fuelled generation dropping by an annual average of 1.55% over the period.
- Following an estimated increase in 2011 real Gross Domestic Product of 0.7%, BMI projections average annual growth of 0.9% between 2012 and 2021. The population is expected to hover at around the 61mn level throughout the projection period and net power consumption looks set to increase from an estimated 310TWh in 2011 to 354TWh by 2021. Over the from 2012 to 2021 period, the average annual growth rate for electricity demand is projection at 1.36%.
- Thanks partly to the modest rise in net generation, growth of which barely matches that of the underlying demand trend, Italy’s power supply shortfall is likely to remain significant. A gently declining percentage of transmission and distribution (T&D) losses from an estimated 7.2% in 2011 to 6.7% by 2021 will help balance the industry . We believe the country’s net import requirement will be 35.7TWh by 2016, which could increase to 44.4TWh by 2021 if investment does not increase appreciably.

Table Of Contents

BMI Market View 5
Industry SWOT Analysis .... 7
Italy Power SWOT ... 7
World Market Overview .. 8
Regional Market Overview . 12

Market Projection Scenario .. 16
Italy Snapshot (Macro) .... 16
Data : Country Snapshot: Economic and Demographic Data 16
Data : Country Snapshot: Power Segment ... 16
Italy Projection Scenario .... 16
Electricity Generation and Power Generating Capacity .... 16
Data : Italy Total Electricity Generation Data And Projections, from 2008 to 2016 . 16
Data : Italy Total Electricity Generation Long-Term Projections, 2013-2021 ... 19
Data : Italy Electricity Generating Capacity Data And Projections, from 2008 to 2016 21
Data : Italy Electricity Generating Capacity Long-Term Projections, 2013-2021 .. 22
Electricity Consumption ... 28
Data : Italy Total Electricity Consumption Data And Projections, from 2010 to 2016 .. 28
Data : Italy Total Electricity Consumption Long-Term Projections, 2013-2021 28
Transmission and Distribution, Imports and Exports .... 30
Data : Italy Electric Power Transmission And Distribution Losses Data And Projections, from 2008 to 2016 30
Data : Italy Electric Power Transmission And Distribution Losses Long-Term Projections, 2013-2021 ... 30
Data : Italy Trade Data And Projections, from 2008 to 2016 . 30
Data : Italy Long-Term Trade Projections, 2013-2021 ... 30
Key Policies/Market Structure ... 33
Regulation and Competition . 33
Pricing .... 34
Data : Electricity Prices In the EU Member States, As Of November 2011 34
Power Risk Reward Ratings . 36
Developed States Power Risk/Reward Ratings .... 36
Data : Developed States Power Risk/Reward Ratings (Scores Out Of 100) 37

Competition Overview ... 40
Enel .... 40
Edison 41
Terna.. 41
Endesa .... 42
Electrabel 42
Company Monitor ... 43
Enel .... 43
Market Position. 44
Glossary of Terms .. 47
Data : Glossary of Terms . 47
Methodology And Sources ... 48

Market Projection s . 48
Power Market - Data Methodology .... 49
Generation and Consumption Data 49
Electricity Generation Capacity Data .. 50
Power Risk/Reward Ratings Methodology 51
Data : Power Risk/Reward Indicators . 53
Sources ... 54

View This Report »

Find all the market research you need - instantly, in one place.

+1.2 Million Research Documents & Statistics +200,000 Trusted Public Sources 350 Industries With Global Coverage

24/7 Customer Support

Talk to Amrita

+1 718 303 2019

Purchase Reports From Reputable Market Research Publishers

Annual Global Power Generation Forecasts 2014

Annual Global Power Generation Forecasts 2014

  • $ 8 000
  • Industry report
  • September 2014
  • by Frost & Sullivan

Transitioning Towards a Low Carbon Energy System Frost & Sullivan's Annual Global Power Generation Forecasts provide a detailed assessment of the future development of the power industry fuel mix ove ...

Superconductors: Technologies and Global Markets

Superconductors: Technologies and Global Markets

  • $ 6 650
  • Industry report
  • September 2014
  • by BCC Research

This BCC Research report provides an up-to-date understanding of the developing market for superconducting applications, materials, and other enabling technologies. It also analyzes the key drivers and ...

Global Markets for Electrical Enclosures

Global Markets for Electrical Enclosures

  • $ 6 650
  • Industry report
  • November 2014
  • by BCC Research

The global market for electrical enclosures was valued at $4.2 billion in 2013, and increased to $4.4 billion in 2014. The market should reach $5.7 billion in 2019, a compound annual growth rate (CAGR) ...


ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.