Enel S.p.A. · Rome Italy ·(Pink Sheets: ENLAY)(Italian: ENEL)
Company Description
Phone: +39-06-8305-1
Fax: +39-06-8305-3771
Rankings
- MIB
- #134 in FT Global 500
View Enel S.p.A. Locations On A US Map
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This link will open in a new window Arrivederci, monopolio! Italy's largest electric utility, Enel, has given up its monopoly status and raced into the deregulated global power marketplace. Enel distributes electricity and gas to about 52 million customers in 21 countries and has some 83,000 MW of primarily fossil-fueled and hydroelectric generating capacity. Enel owns gas distribution businesses (2.5 million customers in Italy) and it has renewable and international power generation assets. The company owns more than 92% of major Spanish power player Endesa . The Italian government owns about a third of Enel. To read the full description, subscribe now.
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Enel S.p.A. Executives
28 executives listed for Enel S.p.A.'s Rome, location.
| Title | Name & Bio | Contact |
| Chairman | Piero Gnudi | Network |
| CEO, General Manager, and Director | Fulvio Conti | Network |
| CFO | Claudio Machetti | Network |
Competition
Competitive Landscape for Enel S.p.A.
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Enel S.p.A. Competitors
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