Italy's Electricity Prices Remain Expensive -Industry Minister
December 13 2011 - 12:17PM
Dow Jones News
Italian electricity prices remain expensive for households and
small and medium-sized companies due to the country's limited mix
of fuel sources, Industry Minister Corrado Passera said
Tuesday.
Italian power prices are also higher as a result of bottlenecks
in the transmission network, despite the large number of
electricity lines authorized by the ministry and progress made,
Passera said in a statement sent to an energy conference in
Rome.
Italy must work on trying to reduce the price of raw materials
and boost energy efficiency so as to increase competition
domestically, the minister said.
More than half of Italy's electricity runs of natural gas, while
it has no nuclear power and the percentage of coal used to generate
power is around 12% of the fuel mix.
-By Antonio di Mambro, MF-DJ, and Liam Moloney, Dow Jones
Newswires; +39 06 6976 6924; liam.moloney@dowjones.com
A2A (BIT:A2A)
Historical Stock Chart
From Jul 2024 to Aug 2024
A2A (BIT:A2A)
Historical Stock Chart
From Aug 2023 to Aug 2024