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Gestore del Mercato Elettrico S.p.A. · Rome Italy

Company Description

viale Maresciallo Pilsudski, 92
Rome
00197
Italy (Map)
Phone: +39-06-8012-1
Fax: +39-06-8012-4524
    You won't find any tourist tchotchkes if you're shopping at Italy's electricity market. The Gestore del Mercato Elettrico (Manager of the Electricity Market, literally) was set up by the Gestore della Rete di Trasmissione Nazionale (Manager of the National Transmission Network) to oversee operations of the electricity market, also known as the Italian Power Exchange (IPEX). The bulk of the buying and selling takes place in the Day-Ahead Market; fine tuning is done in the Adjustment Market. In the Ancillary Services Market, Terna has a hand in controlling the power grid system operations. The Gestore del Mercato Elettrico (GME), operational since 2004, is owned by the Italian Ministry of Finance and the Economy. To read the full description, subscribe now.
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    Key Gestore del Mercato Elettrico S.p.A. Financials

    Company TypeGovernment-owned

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$18,617.1
    Employees90

    Gestore del Mercato Elettrico S.p.A. Executives

    17 executives listed for Gestore del Mercato Elettrico S.p.A.'s Rome,  location.
    TitleName & BioContact
    ChairmanGiorgio SzegöNetwork
    Vice ChairmanFrancesco Maria BernardiNetwork
    CEO and Board MemberSergio AgostaNetwork

    Competition

    Competitive Landscape for Gestore del Mercato Elettrico S.p.A.
    Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.
    Top Gestore del Mercato Elettrico S.p.A. Competitors
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