Italy buys time to complete electricity market liberalisation

Hera SpA

20/12/2023 16:27

MILAN, Dec 20 (Reuters) - Italy has postponed one of the
steps needed to liberalize the electricity market for households
and small companies to the beginning of July, energy authority
ARERA said on Wednesday.
    To buy time to inform clients about the liberalisation and
tweak the market's structure, customers who will not chose a new
supplier will be automatically assigned to a provider from July
1, three months later than previously planned, ARERA said.
    Customers who still have to pick an electricity contract
total around 5 million, while an additional 4.5 million are
considered vulnerable and will continue to buy electricity at
prices set by ARERA.
    Former energy monopolist Enel  ENEI.MI  could lose some of
its customers while regional electricity providers including A2A
 A2.MI , Iren  IREE.MI , Hera  HRA.MI  and ACEA  ACE.MI  could
get some benefits from the liberalisation, financial analyst
said.   
    
        

 (Reporting by Francesca Landini, editing Federico Maccioni)
 ((francesca.landini@thomsonreuters.com; +39 02 66129437;
Reuters Messaging: reutersitaly.thomsonreuters@reuters.net))