This morning the conference “Renewable and Nuclear Energy: new technologies for a sustainable development of Italian electric system” took place at Palazzo Mezzanotte, the seat of Borsa Italiana.

Such a initiative, now at its fourth edition, has been promoted by TerniEnergia, a company operating in the renewable energy field, one of the main system integrator companies in Italy in the photovoltaic sector, and it involved various speakers in matter of industrial perspectives, the financial aspects of the photovoltaic sector and the possible development of the national electric system.

The speakers at the conference were Gianni Armani, General Officer of Operations of Terna, Franco Gaudenti, Managing Partner of EnVent Independent Financial Advisor and Bruno D’Onghia, Chairman of EDF Italia – EDF Italia, through its controlled company incoporated with TerniEnergia four joint venture companies, all operating in the energy production from solar source –  the Chairman of TerniEnergia,Stefano Neri, and the Managing Directors, Paolo Ricci and Fabrizio Venturi.

The conference has been a chance for discussing in matter of energy sector’s perspectives in our Country. Notably, it arose out that the renewable energy sources development and the announced revival of the nuclear energy are two essential and perfectly consistent requirements for the achievement of a balanced productive mixture, capable to face the growing demand and at the same time to contribute to the prices control and reduction of emissions.

As far as the photovoltaic sector is concerned, an analyses prepared by EnVent on listed companies of such a sector  highlights that, after a decrease registered in 2008, stressed by the financial crisis of the last winter, the soft recovery of the average multiples of the first months of 2009 points out that the stock exchange trusts the retrieval perspectives and the further development of the enterprises operating in this sector. The sector continued its growing and it achieved in our Country a sales turnover amounting to Euro 2 billion at 1 June of this year.

Further to the entry into force of the incentives system set forth by the Energy Account, during the last years Italy assisted at a significant drive towards the construction of plants, passing from 7 MW that were totally installed in 2006 to 481 MW of the last year. In such a context, TerniEnergia was one of the most active player and it could avail of vertically integrated business model and on a remarkable construction capacity.

During the first months of 2009, the company reached its industrial goals a quarter in advance in respect of the ones it intended to reach during the year 2009, that is equal to a total installed capacity of almost 22 MWp.

When highlighting the contribution to the national industrial development of the photovoltaic sector provided by TerniEnergia, which reached an aggregate installed capacity of more than 35 MWp, Stefano Neri underlined the significance that any variation to current incentives programme, whose lapse is at the end of 2010, should be progressive and should be communicated to the sector players in advance, so to let them carrying out an adequate plan of strategies and investments.

 

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