Q&A with Claudio Machetti, chief risk officer of Italian utility ENEL Group

Claudio Machetti - Enel

Q. Incumbent energy companies across Europe are still regarded by many as anti-competitive. What do you say to people who say Enel's dominance of the Italian market is curtailing market development?

A. Almost 40 years of monopoly have led Italian people to identify electricity with Enel. This is still happening now, 10 years since the end of the monopoly. We always try to explain the difference between generation and distribution, saying that while in distribution we still hold a dominant posit