Integrated waste cycle regulation and ARERA functions

(Italiano) Con la legge 205/2017, ARERA è chiamata a «migliorare il sistema di regolazione del ciclo dei rifiuti, compresi differenziati, urbani e simili». Allo stesso tempo, le direttive europee sull’economia circolare, nel luglio 2018, promuovono un processo di trasformazione nel modo di progettare il ciclo dei rifiuti e, di conseguenza, di concepire la sua organizzazione e disciplina

Improving efficiency in the MSW collection and disposal service combining price cap and yardstick regulation: The Italian case

Municipal solid waste collection and disposal service is a key element of the European strategy aimed at moving towards a circular economy. An efficient municipal solid waste collection and disposal is closely related to both lower waste tax and higher welfare of the interested population. In Italy, the lack of a centralized regulatory framework has determined heterogeneous performances of sector operators across the country. Firstly, we estimate the productive efficiency in different optimal territorial areas and secondly we forecast the economic benefits that would arise under a new regulatory regime. Our approach combines the well-known yardstick competition and the price-cap mechanisms. Results suggest that if all territorial areas converged to the most efficient ones, a potential saving between 12% and 19% emerges, i.e., up to €2bn savings out of €10.05bn total tax revenue in 2015, the reference year.

An analysis of air market trends in Europe. The Alitalia paradox: any solution?

Title An analysis of air market trends in Europe. The Alitalia paradox: any solution? Author Riccardo Toso Abstract The following study wants to analyse the economic and managerial causes which have affected Italian carrier, Alitalia, in the last years. From the niche literature, some further evidence on its economic impact is provided: why the air […]

The history of Italo and the benefits of competition in the Italian HSR sector

Authors Andrea Giuricin, Roberto Tosatti Abstract The purpose of this study, divided in three different parts, is to represent the evolution of the Italian high-speed railway (HSR) sector from the origin to the competition phase, focusing attention on the non-public competitor, Italo, recently became an American company. In the first part of the study will […]

Sell it, close it or restructure it? Scenarios of  the extraordinary administration of Alitalia

Author Ugo Arrigo Abstract The aim of the study is to analyse the prospects for resolving Alitalia’s crisis and to assess the various options of the government and of the company’s administration. There are three possible outcomes: the first is to sell Alitalia, the second is to close it, and the third is to restructure […]

Effectiveness of Energy Efficiency Certificates as Drivers for Industrial Energy Efficiency Projects

The efficiency of policies in steering the implementation of energy efficiency (EE) projects has multiple implications including economic opportunity such as reduction of greenhouse gas emissions, security of supply, technological development opportunity for industry. One of the key new instruments foreseen to support EE improvements is the EE certificate (EEC). Focusing on the industrial business […]

Smart metering projects: an interpretive framework for successful implementation

The energy sector has significantly changed in recent years and has introduced new challenges, especially for policymakers and distribution system operators (DSOs). Among other challenges, there is the management of the smart metering (SM; abbreviation also used for smart meter) technologies and their rollout. Several SM implementation projects have been initiated throughout Europe because of […]

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