Italy's mainland-wide electricity failure of late September might have been a freak occurrence,but it should serve as a reminder of the country's vulnerability in the supply of electricity.Concern about vulnerability-in oil and gas supplies,as well as electricity-has been a long-running theme of Italian energy policy.Paradoxically,the authorities's attempts to overcome it-mostly involving heavy-handed regulation-have added to the problem instead of reducing it,Martin Quinland writes.
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