Enel SpA

ENEL: XMIL (ITA)
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As Political Pressure on the EU Emission Trading Systems Spreads to Italy, Enel Is Exposed

On Feb. 18, Italy approved a decree to reimburse gas-fired plants for carbon costs. As combined-cycle gas turbines set marginal prices, the measure would remove carbon-cost pass-through from wholesale power prices, thereby lowering electricity bills.

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