Enel SpA
ENEL: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| n.< | LOCK|PF$ | LOCK|!Jp?bD |
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.
