JOURNAL ARTICLE

Italy Turns to French Nuclear Power to Cool Heat Wave.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Farhat, Eamon Akil 3 of 3

Abstract

Italy has been increasing its imports of electricity from neighboring countries due to high demand for cooling during a heatwave. The demand for air-conditioning, which is already high in Italy, has further increased as temperatures have risen above 40C. As a result, Italy has been importing up to 3.5 gigawatts of electricity from France, equivalent to the output of one nuclear power plant. This has led to higher electricity prices for Italian consumers, especially after regulatory changes that have removed eligibility for cheaper protected electricity tariffs. The lack of solar and wind generation in Italy has contributed to the high prices, although renewables capacity has been surpassing fossil fuels for the first time this year. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/07, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2024
  • Accession Number:178561443
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