By Massimo Bergami
Utilizing the Enel case, this quantity unpacks the potent implementation of an ambidextrous viewpoint on version and alter, delivering a few key classes for managers and students. It starts through exploring Enel's fresh historical past, earlier than mapping the stairs of a amazing transition from public monopolist to a profitable transnational team.
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Extra info for National Monopoly to Successful Multinational: The Case of Enel
The decree made it mandatory for producers and importers of power from non-renewable sources to feed the network annually with renewable energy equal to 2 per cent of that generated or imported the previous year for the part exceeding 100 GWh. 35 per cent. Producers and importers who failed to sell the decree’s mandatory renewable percentage directly could satisfy the requirement by purchasing green certificates issued by producers of power from renewable sources. 4 Non-regulated and regulated activities after the Bersani decree Source: Enel.
Just like distribution, transmission was managed as a natural monopoly given that duplication of the network was not considered economically viable. In terms of ownership and organization, the Bersani decree opted for unbundling company ownership of the network and generation activity and for the simultaneous separation between network ownership and the tasks of real-time system and dispatch management (the so-called Independent System Operator, ISO model). And so a few months after the Bersani decree came into force Enel Group founded Terna SpA as the company owning the licence for transmission infrastructures, and Gestore della Rete di Trasmissione Nazionale (GRTN) as the public body responsible for operational management of this network.
So the country lost part of its wealth of human resources that, in companies and universities, were depositories of scientific and technological knowledge concerning exploitation of atomic energy for civilian uses. A pity, because Italy’s past experience in the nuclear field was by no means a marginal issue. In fact the first steps to develop nuclear power for civilian purposes dated from the mid-1950s as part of a general climate to emulate major nuclear powers at that time (the UK, USA and France).