Free Trial

POWER: A2A Mulls Involvement in Italian Nuclear

POWER

A2A is exploring involvement in Italy’s state-backed nuclear reactor project, but CEO Renato Mazzoncini stressed that the development of renewable energy should not be delayed in favour of nuclear, it said, cited by Reuters.

  • Other energy companies, including Enel, Ansaldo, and Leonardo are also in talks to establish a state-backed company for nuclear reactor construction in Italy.
  • The Italian government is planning to present a state-backed company that will build nuclear reactors in Italy, industry minister, Minister Adolfo Urso, said in late October.
  • "By the end of the year, we will present an industrial entity that is capable of building next-generation nuclear reactors in our country and perhaps export," Adolfo said.
108 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

A2A is exploring involvement in Italy’s state-backed nuclear reactor project, but CEO Renato Mazzoncini stressed that the development of renewable energy should not be delayed in favour of nuclear, it said, cited by Reuters.

  • Other energy companies, including Enel, Ansaldo, and Leonardo are also in talks to establish a state-backed company for nuclear reactor construction in Italy.
  • The Italian government is planning to present a state-backed company that will build nuclear reactors in Italy, industry minister, Minister Adolfo Urso, said in late October.
  • "By the end of the year, we will present an industrial entity that is capable of building next-generation nuclear reactors in our country and perhaps export," Adolfo said.