Q3 2020 Terna Rete Elettrica Nazionale SpA Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. Welcome to today's Terna's 9 Months 2020 Consolidated Results. (Operator Instructions) I must advise you that this conference is being recorded today, Wednesday, the 11th of November, 2020.
I would now like to hand the conference over to your speaker today, Agostino Scornajenchi, CFO. Please go ahead.
Good afternoon, and welcome to Terna 9 Months 2020 Results Presentation. As you can appreciate from this chart, the first chart is Page 4 of the presentation that you should have.
In the first 9 months of the year, due to the COVID-19 health emergency, national demand was 225-terawatt hour, 6.9% lower versus the same period of 2019, where the national demand was about 242-terawatt hour. Despite this situation, let me highlight that starting from the month of July, we started to register a recover with a monthly flash demand in September compared to September 2019.
Let me also underline that in the
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