Q3 2019 Terna Rete Elettrica Nazionale SpA Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Terna 9 Months 2019 Results Presentation. I must advise you that the call is being recorded today, Wednesday, the 13th of November 2019. I shall now hand over to the CFO, Agostino Scornajenchi. Please go ahead.
Thank you. Good afternoon, everybody, and welcome to the first 9 months 2019 results presentation. Before starting to analyze the figures, I would like to share with you the recent trend of the electricity demand in Italy. In the first 9 months of the year, national demand was about 242 terawatt hour, substantially in line with the same period of 2018. Please mind that about 36% of this was covered by renewable sources.
Regarding national net total production, it stood at about 216 terawatt hour, with a strong increase registered in wind and solar production, plus 14% and 6%, respectively. In this regard, it is worth mentioning that only in the month of September, wind production grew by 24%
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