Strategic risks connected with the market and the competitive environment

The markets and businesses in which the Group operates are exposed to steadily growing competition and evolution, from both a technological and regulatory point of view, with the timing of these developments varying from country to country. As a result of these processes, Enel is exposed to growing competitive pressure and, as electricity is this century’s energy vector, competition driven by contiguous sectors is also rising, although this offers utilities the opportunity to move into new businesses. The Group constantly monitors developments in the competitive environment and the market in order to tailor its strategic development to this evolution.