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Large Hydroelectric Derivation Concessions: Perspectives for the Market and Public Sector Undertakings

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  • Anna Argentati

Abstract

The paper investigates a number of issues about the large hydroelectric derivationconcessions and explores the perspectives for the market and for the public undertakings,currently predominant in the sector, in the light of the latest legislative developments.Perspectives are not market-friendly. The so-called Semplificazioni decree hasstrenghtened the legislative power of Regions about the discipline of tender for theaward of concessions and has so laid the base for a Babel of local regulations whichwill fragment national market of hydroelectric production. No major changes are expectedfor the public undertakings in the sector. In view of the next wave of publicauction, the most serious risks concern the use of in house companies and the designof the procedure, which both may be instrumentally used to mantain the status quo.

Suggested Citation

  • Anna Argentati, 2020. "Large Hydroelectric Derivation Concessions: Perspectives for the Market and Public Sector Undertakings," Mercato Concorrenza Regole, Società editrice il Mulino, issue 1, pages 9-33.
    • Handle: RePEc:mul:jhpfyn:doi:10.1434/97758:y:2020:i:1:p:9-33
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