BMI View: Italy’s energy options are narrowing. The government has ruled out nuclear power as a source of electricity, and has also decided not to turn to the risky exploration of shale gas, which means that the country is restricting its options to coal, traditional gas-fired and renewable sources of power. While the latest figures show a drop in electricity consumption, Italy will face a rising import bill if it does not increase domestic electricity production capabilities. Improved energy efficiency (Italy is a European leader in terms of smart meter deployment, for example) and transmission and distribution infrastructure will go …
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